NOT LISTED FOR SALE

Estimated Value: $208,000 - $289,000

-- Bed
1 Bath
864 Sq Ft
$284/Sq Ft Est. Value

Last Sold January 17, 2019

Last sale price $100,000 $116 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $1,359/month

6 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of January 2019

Great investment opportunity! This property offers 2 separate houses on one lot, the front house has 3 beds/1 bath, and the back house has 2 bed/1 bath. Both homes have long term renters that are on month to month. This property is perfect for investors or you can live in one and rent the other, Conveniently located near Downtown Phoenix, the I-17, and the I-10. Please do NOT disturb NOR speak to the tenants. This is priced right for a quick sale!! Buyer to verify all facts / figures / statements and any items of concern.

Last Agent to Sell the Property

Denise Venturelli

New Venture Realty Brokerage Phone: 602-763-9795 License #BR548729000 Listed on: 01/04/2019

Last Buyer's Agent

Denise Venturelli

New Venture Realty Brokerage Phone: 602-763-9795 License #BR548729000 Listed on: 01/04/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $369

Year Built

  • Built in 1942

Lot Details

  • 5,140

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Ceramic Tile
  • Vinyl

Schools

  • Central High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for gas, electricity, trash collection, water
  • Tax Lot 22
  • Assessor Parcel Number 105-34-075

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 40' X 128'.22''
  • Rivera Tract Subdivision

Building Details

  • Operating Expense $369

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$369

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Cross Street: 7th Ave. & Buckeye
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1942
  • Tax Year: 2018
  • Attribution Contact: 602-763-9795
  • Road Surface Type: Asphalt
  • Subdivision Name: Rivera Tract
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: BI Oven/Range
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Brick Veneer, Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking
  • Attached Garage: No
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Window/Wall Unit
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Interior Amenities:Other (See Remarks)51: Yes

Schools

  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 40' X 128'.22''
  • Additional Parcels: No
  • Parcel #: 105-34-075

Multi Family

  • Owner Pays: Gas, Electricity, Trash Collection, Water
  • Tenant Pays: See Remarks
  • Number Of Units Total: 2
  • Annual Operating Expense: 369.0

Tax Info

  • Tax Annual Amount: 369.0
  • Tax Book Number: 105.00
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2019
Closed on
Jan 15, 2019
Sold by
Murray Ronald Wayne
Bought by
Huang Yunyan and Lin Li H
Seller's Agent
Denise Venturelli
New Venture Realty
Buyer's Agent
Denise Venturelli
New Venture Realty
List Price
$150,000
Sold Price
$100,000
Premium/Discount to List
-$50,000
-33.33%
Current Estimated Value
$245,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,143
Avg. Annual Appreciation
15.05%

Purchase Details

Closed on
May 4, 2018
Sold by
Murray Ronald Wayne
Bought by
Salazar Murray Ronald Wayne and Salazar Romero Juan Sebastian

Purchase Details

Closed on
Feb 18, 2009
Sold by
Citifinancial Mortgage Company Inc
Bought by
Murray Ronald W

Purchase Details

Closed on
Oct 13, 2008
Sold by
Campos Angie
Bought by
Citifinancial Mortgage Company Inc

Purchase Details

Closed on
Jul 29, 2004
Sold by
Turcios Julio
Bought by
Campos Angie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 2004
Sold by
Zavala Rafael J and Zavala Arcelia
Bought by
Campos Angie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Huang Yunyan $100,000 Lawyers Title Of Arizona Inc
Salazar Murray Ronald Wayne -- None Available
Murray Ronald W $21,900 First American Title Ins Co
Citifinancial Mortgage Company Inc $26,717 First American Title Ins Co
Campos Angie -- Title Partners Of Phoenix Ll
Campos Angie $102,000 Title Partners Of Phoenix Ll
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Campos Angie $81,600
Previous Owner Campos Angie $81,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2019 01/17/19 Sold $100,000 -33.3% $116 / Sq Ft
01/10/2019 01/10/19 Pending -- -- --
01/04/2019 01/04/19 For Sale $150,000 -- $174 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

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 $392 $2,931 -- --
2024 $388 $2,791 -- --
2023 $388 $14,550 $2,910 $11,640
2022 $374 $10,420 $2,080 $8,340
2021 $371 $9,080 $1,810 $7,270
2020 $376 $8,250 $1,650 $6,600
2019 $375 $6,210 $1,240 $4,970
2018 $369 $5,770 $1,150 $4,620
2017 $360 $4,530 $900 $3,630
2016 $350 $3,810 $760 $3,050
2015 $324 $3,350 $670 $2,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5863690

Arizona Regional Multiple Listing Service (ARMLS)

APN: 105-34-075