NOT LISTED FOR SALE

Estimated Value: $332,953 - $442,000

-- Bed
-- Bath
1,334 Sq Ft
$304/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $388,000 $291 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,199/month

2 Days on Market

Highlights

  • Cooling Available
  • Vinyl Flooring
  • Heating Available
  • Sunnyslope High School Rated A

About This Home

As of February 2024

Exceptional investment opportunity at a very attractive price. The current owner has renovated both units over the past two year. Brand new roof installed in November of 2023. No wholesalers. Do not go on the property as tenants have rights. All facts and figures are approximate, buyer to verify MLS information.

Last Agent to Sell the Property

Larry Burr

ATLAS AZ, LLC License #SA684467000 Listed on: 01/04/2024

Last Buyer's Agent

William Richardson

EXIT Realty Living Legacy License #SA573026000

EXIT Realty Living Legacy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $593

Year Built

  • Built in 1982

Lot Details

  • 5,401

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Vinyl Flooring

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for trash collection, gas, electricity, water, sewer
  • Legal Lot and Block 4 / 2
  • Assessor Parcel Number 158-21-091-B

Community Details

Overview

  • 2 Units
  • Building Dimensions are 5400
  • Idle Ease Subdivision

Building Details

  • Operating Expense $593
  • Gross Income $27,360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$593

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2023
  • Road Surface Type: Gravel, Asphalt
  • Subdivision Name: IDLE EASE
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 5400
  • Additional Parcels: No
  • Parcel #: 158-21-091-B

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Gas, Electricity, Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 27360.0
  • Annual Operating Expense: 593.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 593.0
  • Tax Block: 2
  • Tax Book Number: 158.00
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
Mar 14, 2024
Sold by
Witherspoon Gabriel Vernon and Witherspoon Lauren Alexandria
Bought by
9430 N 18Th Drive Revocable Trust and Witherspoon
Seller's Agent
Larry Burr
ATLAS AZ, LLC
Buyer's Agent
William Richardson
EXIT Realty Living Legacy
List Price
$385,000
Sold Price
$388,000
Premium/Discount to List
$3,000
0.78%
Views
16
Current Estimated Value
$405,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,238
Avg. Annual Appreciation
2.70%
Original Mortgage
$380,972
Outstanding Balance
$375,555
Interest Rate
7.75%
Mortgage Type
FHA
Estimated Equity
$29,683

Purchase Details

Listed on
Jan 4, 2024
Closed on
Feb 28, 2024
Sold by
Witherspoon Gabriel Vernon and Witherspoon Lauren Alexandria
Bought by
9430 N 18Th Drive Revocable Trust and Witherspoon
Seller's Agent
Larry Burr
ATLAS AZ, LLC
Buyer's Agent
William Richardson
EXIT Realty Living Legacy
List Price
$385,000
Sold Price
$388,000
Premium/Discount to List
$3,000
0.78%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,972
Outstanding Balance
$375,555
Interest Rate
7.75%
Mortgage Type
FHA
Estimated Equity
$29,683

Purchase Details

Listed on
Jan 4, 2024
Closed on
Feb 16, 2024
Sold by
Le Vu
Bought by
Witherspoon Lauren and Witherspoon Gabriel
Seller's Agent
Larry Burr
ATLAS AZ, LLC
Buyer's Agent
William Richardson
EXIT Realty Living Legacy
List Price
$385,000
Sold Price
$388,000
Premium/Discount to List
$3,000
0.78%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,972
Outstanding Balance
$375,555
Interest Rate
7.75%
Mortgage Type
FHA
Estimated Equity
$29,683

Purchase Details

Listed on
May 8, 2021
Closed on
Jul 1, 2021
Sold by
Cox Ronnie
Bought by
Le Vu
Seller's Agent
Heather Hatmaker
Keller Williams Arizona Realty
Buyer's Agent
Michael Bennett
ATLAS AZ, LLC
List Price
$295,000
Sold Price
$300,000
Premium/Discount to List
$5,000
1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.27%
Original Mortgage
$289,987
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 29, 2019
Closed on
Jun 10, 2019
Sold by
Crescent Strategic Asset Partners 2011A
Bought by
Cox Ronnie
Seller's Agent
Melanie Sanders
eXp Realty
Buyer's Agent
Heather Hatmaker
HomeSmart
List Price
$167,900
Sold Price
$143,000
Premium/Discount to List
-$24,900
-14.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.05%
Original Mortgage
$140,409
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 4, 2012
Sold by
Crescent Stretegic Asset Partners 2011B
Bought by
Crescent Stretgic Asset Partners 2011A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 13, 2012
Sold by
Chavez Paul and Valenzuela Czarina
Bought by
Crescent Strategic Asset Partners 2011B

Purchase Details

Closed on
Feb 10, 2012
Sold by
Chavez Paul and Valenzuela Czarina
Bought by
Crescent Strategic Asset Partners 2011A

Purchase Details

Closed on
May 26, 2011
Sold by
Hot Shot Investments Llc
Bought by
Chavez Paul and Valenzuela Czarina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
4.71%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 25, 2006
Sold by
Urquhart Benjamin
Bought by
Ubelhor Jerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,400
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2005
Sold by
Kildew Floyd and Kildew Carolyn
Bought by
Kildew Floyd and Kildew Carolyn

Purchase Details

Closed on
Jun 9, 2003
Sold by
Kildew Floyd
Bought by
Kildew Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,750
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2003
Sold by
Foresight Investment Group Llc
Bought by
Kildew Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,750
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2002
Sold by
Cloyed Duane R
Bought by
Foresight Investment Group Llc

Purchase Details

Closed on
Aug 19, 1996
Sold by
Grauer Patricia D
Bought by
Cloyed Duane R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,530
Interest Rate
7.91%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
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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
9430 N 18Th Drive Revocable Trust -- None Listed On Document
9430 N 18Th Drive Revocable Trust -- None Listed On Document
Witherspoon Lauren $388,000 Magnus Title Agency
Le Vu $300,000 First Integrity Ttl Agcy Of
Cox Ronnie $143,000 Title Alliance Platinum Agcy
Crescent Stretgic Asset Partners 2011A -- First American Title Company
Crescent Strategic Asset Partners 2011B -- None Available
Crescent Strategic Asset Partners 2011A -- None Available
Chavez Paul $55,900 American Title Service Agenc
Ubelhor Jerry $140,000 Security Title Agency Inc
Kildew Floyd -- --
Kildew Floyd -- --
Kildew Carolyn -- Century Title Agency Inc
Kildew Carolyn $120,000 Century Title Agency Inc
Foresight Investment Group Llc $66,000 Security Title Agency
Cloyed Duane R $51,500 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Witherspoon Lauren $380,972
Closed Witherspoon Lauren $13,825
Previous Owner Le Vu $289,987
Previous Owner Cox Ronnie $140,409
Previous Owner Crescent Stretgic Asset Partners 2011A $33,000
Previous Owner Chavez Paul $36,000
Previous Owner Ubelhor Jerry $133,400
Previous Owner Kildew Carolyn $107,750
Previous Owner Kildew Carolyn $107,750
Previous Owner Cloyed Duane R $52,530
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $388,000 +0.8% $291 / Sq Ft
01/04/2024 01/04/24 For Sale $385,000 +28.3% $289 / Sq Ft
07/02/2021 07/02/21 Sold $300,000 +1.7% $225 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
05/08/2021 05/08/21 For Sale $295,000 +106.3% $221 / Sq Ft
06/21/2019 06/21/19 Sold $143,000 -9.4% $107 / Sq Ft
05/09/2019 05/09/19 Pending -- -- --
04/28/2019 04/28/19 Price Changed $157,900 -6.0% $118 / Sq Ft
03/29/2019 03/29/19 For Sale $167,900 -- $126 / 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 $604 $4,939 -- --
2024 $593 $4,704 -- --
2023 $593 $24,000 $4,800 $19,200
2022 $574 $16,930 $3,380 $13,550
2021 $581 $14,360 $2,870 $11,490
2020 $567 $12,810 $2,560 $10,250
2019 $556 $10,450 $2,090 $8,360
2018 $542 $8,800 $1,760 $7,040
2017 $539 $7,580 $1,510 $6,070
2016 $529 $6,950 $1,390 $5,560
2015 $490 $5,750 $1,150 $4,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6645969

Arizona Regional Multiple Listing Service (ARMLS)

APN: 158-21-091B