$305,000
SOLD MAR 30, 2016
-- Bed
-- Bath
2,080 Sq Ft
1971 Built

Recently Sold

$147 Per Sq Ft

7% Below List Price

41 Days on Market

Highlights

  • Cooling Available
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of March 2016

Two Duplexs Side by Side Individually Parceled. Huge 3 Bedroom, 2 Bath Units as Well as The 2 Bedroom Units. Large Lots, Great Parking, New Roofs, Just Great Properties. Super Location Near Lots of Activity Including Riverview Shopping Center, Chicago Cubs Stadium, Tempe Market Place and Arizona State University All Within Just Minutes. All Facts and Figures Approximate, Buyer to Verify to Their Satisfaction including MLS Info.

Last Agent to Sell the Property

Steve Fowler

Better Homes & Gardens Real Estate SJ Fowler License #BR012851000 Listed on: 01/29/2016

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Steven Cvetanovich

Better Homes & Gardens Real Estate SJ Fowler License #BR646588000

Last Buyer's Agent

Amy Nelson

Keller Williams Realty East Valley License #SA527250000

Keller Williams Realty East Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,693

Year Built

  • Built in 1971

Lot Details

  • Additional Parcels

Home Design

  • Brick Exterior Construction
  • Composition Roof

Parking

  • 6 Parking Spaces
  • 6 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 2
  • Assessor Parcel Number 135-22-060

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 8254
  • Country Club Village Replat Lot 1 5, 13 16 Subdivision

Building Details

  • Gross Income $29,640
  • Net Operating Income $20,947

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,693

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: Rio Salado & Alma School
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 2
  • Year Built: 1971
  • Tax Year: 2014
  • Directions: East on Rio Salado. North on Westwood. East on 8th Pl. Buildings are on South side of Street.
  • Road Surface Type: Gravel, Dirt
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Subdivision Name: COUNTRY CLUB VILLAGE REPLAT LOT 1-5, 13-16
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes

Utilities

  • Electric: SRP, Individual Meter
  • 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

Fee Information

  • Trash Expense: 600.0
  • Annual Water Sewer Expense: 2400.0

Lot Info

  • Lot Size: 8254
  • Additional Parcels: Yes
  • Parcel #: 135-22-060

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 29640.0
  • Insurance Expense: 1600.0
  • Maintenance Expense: 1800.0
  • Property Net Operating Income: 20947.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1693.0
  • Tax Book Number: 135.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2016
Closed on
Mar 29, 2016
Sold by
Mcgary Robert J and Mcgary Jill M
Bought by
Maddy Llc
Seller's Agent
Steve Fowler
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Amy Nelson
Keller Williams Realty East Valley
List Price
$327,500
Sold Price
$305,000
Premium/Discount to List
-$22,500
-6.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.16%

Purchase Details

Closed on
Apr 28, 2005
Sold by
Roberts Curtis
Bought by
Mcgary Robert J and Mcgary Jill M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Cash Sale Deed $305,000 Security Title Agency Inc
Cash Sale Deed $230,000 Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $525,000 +72.1% --
03/30/2016 03/30/16 Sold $305,000 -6.9% $147 / Sq Ft
03/09/2016 03/09/16 Pending -- -- --
01/28/2016 01/28/16 For Sale $327,500 -- $157 / 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 $1,064 $10,837 -- --
2024 $1,072 $10,321 -- --
2023 $1,072 $36,450 $7,290 $29,160
2022 $1,050 $24,520 $4,900 $19,620
2021 $1,063 $21,470 $4,290 $17,180
2020 $1,049 $19,470 $3,890 $15,580
2019 $980 $16,570 $3,310 $13,260
2018 $941 $13,400 $2,680 $10,720
2017 $843 $12,200 $2,440 $9,760
2016 $827 $11,480 $2,290 $9,190
2015 $779 $10,020 $2,000 $8,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5390584

Arizona Regional Multiple Listing Service (ARMLS)

APN: 135-22-060