NOT LISTED FOR SALE

Estimated Value: $423,625 - $517,000

-- Bed
1 Bath
798 Sq Ft
$600/Sq Ft Est. Value

Last Sold July 17, 2018

Last sale price $265,000 $332 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,684/month

63 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available

About This Home

As of July 2018

Turn key investment property in Tempe! Fully remodeled for the turn key investor. This NEWLY UPDATED INSIDE AND OUT duplex is centrally located in Tempe close to ASU. Rents in this area are strong! Each unit is 898 sq ft and has 2 bedrooms and 1 bathroom with a shared laundry. Low maintenance front yard and large size backyard ready for your imagination! Hard to find this nice of house at this price point!! Hurry it will go fast! Please note this is an Investment property where seller has never occupied or had tenants.

Last Agent to Sell the Property

Byron Applegate

Applegate Homes Realty License #SA640458000 Listed on: 03/31/2018

Last Buyer's Agent

Lauren Rosin

eXp Realty License #BR558852000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $766

Year Built

  • Built in 1950

Lot Details

  • 7,623

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water
  • Tax Lot 128
  • Assessor Parcel Number 132-12-128

Community Details

Overview

  • 2 Units
  • Building Dimensions are 100 x 76
  • North Tempe Subdivision

Building Details

  • Operating Expense $766

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$766

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: 202 & Scottsdale Rd.
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1950
  • Tax Year: 2017
  • Directions: From the 202, go north on Scottsdale Rd, East on Tempe Dr to property.
  • Road Surface Type: Asphalt
  • Subdivision Name: NORTH TEMPE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Other (See Remarks)
  • 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:Other (See Remarks)24: 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

Schools

  • Junior High Dist: Tempe Union High School District

Lot Info

  • Lot Size: 100 x 76
  • Additional Parcels: No
  • Parcel #: 132-12-128

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Electricity
  • Number Of Units Total: 2
  • Annual Operating Expense: 766.0

Tax Info

  • Tax Annual Amount: 766.0
  • Tax Book Number: 132.00
  • Tax Lot: 128

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2018
Closed on
Jul 9, 2018
Sold by
Jbm Holdings Llc
Bought by
Lee Audrey
Seller's Agent
Byron Applegate
Applegate Homes Realty
Buyer's Agent
Lauren Rosin
eXp Realty
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%
Current Estimated Value
$472,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,696
Avg. Annual Appreciation
8.94%
Original Mortgage
$212,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2017
Sold by
Krausse Max Gus and The Krausse Revocable Living T
Bought by
Jbm Vhokdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 23, 2008
Sold by
Krausse Max G and Krausse Maximo G
Bought by
Krausse Max Gus and The Krausse Revocable Living T

Purchase Details

Closed on
Feb 20, 2004
Sold by
Ganev Alexandre M
Bought by
Krausse Maximo G

Purchase Details

Closed on
Dec 2, 2002
Sold by
Luckey Lois C
Bought by
Ganev Alex and Ganev Vania

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,600
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 1999
Sold by
Shaffer Daniel C
Bought by
Luckey Lois C

Purchase Details

Closed on
Dec 1, 1978
Sold by
Desilva Phillip V
Bought by
Shaffer Daniel C
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
Lee Audrey $265,000 Pioneer Title Agency Inc
Jbm Vhokdings Llc $175,000 Pioneer Title Agency Inc
Krausse Max Gus -- None Available
Krausse Maximo G $140,000 Security Title Agency
Ganev Alexandre M -- Security Title Agency
Ganev Alex $120,000 Arizona Title Agency Inc
Luckey Lois C $91,000 Capital Title Agency
Shaffer Daniel C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Audrey $210,500
Closed Lee Audrey $212,000
Previous Owner Jbm Holdings Llc $50,000
Previous Owner Jbm Vhokdings Llc $185,968
Previous Owner Ganev Alex $95,600
Closed Ganev Alex $24,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2018 07/17/18 Sold $265,000 -3.6% $332 / Sq Ft
06/01/2018 06/01/18 Pending -- -- --
05/24/2018 05/24/18 For Sale $275,000 0.0% $345 / Sq Ft
05/24/2018 05/24/18 Price Changed $275,000 +3.8% $345 / Sq Ft
05/08/2018 05/08/18 Pending -- -- --
05/05/2018 05/05/18 For Sale $265,000 0.0% $332 / Sq Ft
04/03/2018 04/03/18 Pending -- -- --
03/30/2018 03/30/18 For Sale $265,000 -- $332 / 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 $891 $7,958 -- --
2024 $881 $7,579 -- --
2023 $881 $20,410 $4,080 $16,330
2022 $845 $16,710 $3,340 $13,370
2021 $851 $14,200 $2,840 $11,360
2020 $825 $12,160 $2,430 $9,730
2019 $809 $11,060 $2,210 $8,850
2018 $789 $8,410 $1,680 $6,730
2017 $766 $8,020 $1,600 $6,420
2016 $760 $6,480 $1,290 $5,190
2015 $730 $5,880 $1,170 $4,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5744654

Arizona Regional Multiple Listing Service (ARMLS)

APN: 132-12-128