NOT LISTED FOR SALE

Estimated Value: $380,000 - $457,000

Studio
-- Bath
1,440 Sq Ft
$299/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $600,000 $417 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $2,329/month

5 Days on Market

Highlights

  • Multiple cooling system units
  • Ceramic Tile Flooring
  • Multiple Heating Units
  • Phoenix Coding Academy Rated A

About This Home

As of September 2021

One of the parcel's roof is only one year old, the others are about six years old. New A/C at one of the units. Units have
their own parking. Units individually metered for gas and electric. Easy access to I-17 making for easy commutes.
Please DO NOT walk the property. DO NOT disturb the tenants. Buyer to verify any item of concern prior to close of escrow.
Parcel 109-58-050 & 109-58-049 must sell together, totaling 10 units of 6 units on one lot and 4 units on the other
lot.
units sold As Is.

Last Agent to Sell the Property

Norma Millett

HomeSmart License #SA552895000 Listed on: 08/20/2021

HomeSmart

Last Buyer's Agent

Julian Tiege

My Home Group Real Estate License #SA666191000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $474

Year Built

  • Built in 1950

Lot Details

  • 8,189

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Utilities

  • Multiple cooling system units
  • Central Air
  • Multiple Heating Units
  • Window Unit Heating System

Additional Features

  • Ceramic Tile Flooring
  • Additional Parcels

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Legal Lot and Block 11 / 3
  • Assessor Parcel Number 109-58-049

Community Details

Overview

  • 4 Buildings
  • 10 Units
  • Building Dimensions are 8,195 sqf
  • Tierra Verde Subdivision

Building Details

  • Operating Expense $474
  • Gross Income $61,750
  • Net Operating Income $4,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$474

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: 35th Ave and Buckeye
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 4
  • Ownership: Fee Simple
  • Year Built: 1950
  • Tax Year: 2020
  • Road Surface Type: Gravel, Asphalt, Sidewalk(s)
  • Subdivision Name: TIERRA VERDE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range, Microwave
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: <1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: 2 or More Units, Central A/C, Electric
  • Heating: Window/Wall Unit(s), 2 or More Units, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:_two_ or More Units3: Yes
  • Heating:WindowWall Unit(s): Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Lot Info

  • Lot Size: 8,195 sqf
  • Additional Parcels: Yes
  • Parcel #: 109-58-049

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 10
  • Annual Gross Income: 61750.0
  • Property Net Operating Income: 4000.0
  • Annual Operating Expense: 474.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 474.0
  • Tax Block: 3
  • Tax Book Number: 109.00
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2025
Sold by
Tiege Julian
Bought by
Sunnys Home Llc
Current Estimated Value
$431,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,950
Outstanding Balance
$77,950
Interest Rate
6.26%
Mortgage Type
Seller Take Back
Estimated Equity
$353,050

Purchase Details

Closed on
Dec 26, 2025
Sold by
Lopez Julian and Tiege Julian
Bought by
Tiege Julian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,950
Outstanding Balance
$77,950
Interest Rate
6.26%
Mortgage Type
Seller Take Back
Estimated Equity
$353,050

Purchase Details

Closed on
Jun 27, 2022
Sold by
Luxtige Llc
Bought by
Lopez Julian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,500
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 20, 2021
Closed on
Sep 14, 2021
Sold by
Fiorella Dionisio
Bought by
Luxtige Llc
Seller's Agent
Norma Millett
HomeSmart
Buyer's Agent
Julian Tiege
My Home Group Real Estate
List Price
$580,000
Sold Price
$600,000
Premium/Discount to List
$20,000
3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.31%
Original Mortgage
$560,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 5, 2017
Sold by
Fiorella Cynthia
Bought by
Fiorella Dionisio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 1, 2014
Sold by
Fiorella Corrado and Fiorella Maria
Bought by
Dcf Tierra Verde 10 Llc

Purchase Details

Closed on
Oct 7, 2009
Sold by
Real Estate Equity Lending Inc
Bought by
Fiorella Corrado and Fiorella Maria

Purchase Details

Closed on
Jul 24, 2007
Sold by
Metcalf Robert and Wilder James Lynwood
Bought by
Lld Holding Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.65%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 5, 2004
Sold by
Arena Real Estate Investments Inc
Bought by
Metcalf Robert and Wilder James Lynwood

Purchase Details

Closed on
Apr 8, 2004
Sold by
Keal Harry S
Bought by
Arena Real Estate Investments Inc

Purchase Details

Closed on
Nov 10, 2003
Sold by
Keal Sun Ja
Bought by
Keal Harry S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2003
Sold by
Hillis Real Estate & Development Inc
Bought by
Keal Harry S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2002
Sold by
Marsh James
Bought by
Hillis Real Estate & Development Inc

Purchase Details

Closed on
Dec 26, 2000
Sold by
Worth Erin
Bought by
Marsh James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,288
Interest Rate
7.71%
Mortgage Type
Assumption

Purchase Details

Closed on
Feb 3, 1999
Sold by
Casas Southwest Inc
Bought by
Worth Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
11.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 16, 1997
Sold by
Weinshanker Stuart and Weinshanker Susan J
Bought by
Casa Southwest Inc
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sunnys Home Llc $1,250,000 Grand Canyon Title
Tiege Julian -- Grand Canyon Title
Lopez Julian -- Pioneer Title
Luxtige Llc $600,000 Equitable Title Agency
Fiorella Dionisio -- Empire West Title Agency Llc
Fiorella Dionisio -- Empire West Title Agency Llc
Dcf Tierra Verde 10 Llc -- None Available
Fiorella Corrado $210,000 Clear Title Agency Of Arizon
Lld Holding Corp $350,000 Capital Title Agency Inc
Metcalf Robert $320,000 Ticor Title Agency Of Arizon
Arena Real Estate Investments Inc -- Capital Title Agency Inc
Keal Harry S -- Capital Title Agency Inc
Keal Harry S $110,000 Capital Title Agency Inc
Hillis Real Estate & Development Inc $132,600 Fidelity National Title
Marsh James $65,000 Security Title Agency
Worth Erin $60,000 Chicago Title Insurance Co
Casa Southwest Inc $66,000 Nations Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sunnys Home Llc $77,950
Open Sunnys Home Llc $650,000
Previous Owner Lopez Julian $290,500
Previous Owner Luxtige Llc $560,000
Previous Owner Fiorella Dionisio $140,000
Previous Owner Lld Holding Corp $80,000
Previous Owner Lld Holding Corp $350,000
Previous Owner Keal Harry S $78,750
Previous Owner Keal Harry S $78,750
Previous Owner Marsh James $6,288
Previous Owner Worth Erin $39,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2021 09/15/21 Sold $600,000 +3.4% $417 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $580,000 -- $403 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $503 $4,024 -- --
2024 $483 $3,832 -- --
2023 $483 $21,660 $4,330 $17,330
2022 $463 $14,770 $2,950 $11,820
2021 $490 $13,110 $2,620 $10,490
2020 $474 $10,710 $2,140 $8,570
2019 $469 $8,660 $1,730 $6,930
2018 $459 $6,800 $1,360 $5,440
2017 $441 $6,400 $1,280 $5,120
2016 $448 $4,830 $960 $3,870
2015 $417 $4,250 $850 $3,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6281867

Arizona Regional Multiple Listing Service (ARMLS)

APN: 109-58-049