NOT LISTED FOR SALE

Estimated Value: $309,371 - $1,171,000

6 Beds
3 Baths
810 Sq Ft
$861/Sq Ft Est. Value

Last Sold May 07, 2012

Last sale price $100,000 $123 Per Sq Ft

Est. 597% increase in value since last sale

Current estimated payment $3,962/month

41 Days on Market

About This Home

As of May 2012

These all 2 two-bedroom one bath apartments built 1972 are of solid slump block construction. All units have new electric & plumbing, new windows & doors, security screens, new appliances, new fixtures, ceramic tile floors, and paint. In addition, the roof and A/C's are brand new. Each unit has a nice front yard area and a smaller back patio area. Very minimal maintenance is needed since everything has just been redone.

Last Agent to Sell the Property

Terry Kass

R.O.I. Properties License #BR503783000 Listed on: 02/04/2012

Last Buyer's Agent

Terry Kass

Blue Saguaro Commercial Realty, LLC License #BR503783000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $770

Year Built

  • Built in 1972

Lot Details

  • 8,233

Parking

  • Over 1 Space Per Unit

Home Design

  • Composition Shingle Roof

Kitchen

  • Oven or Range
  • Free-Standing Electric Oven

Schools

  • Mountain View High Elementary School
  • Sunnyslope Elementary High School

Additional Features

  • Ceramic Tile Flooring
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for sewer, trash collection, water

Community Details

Overview

  • $936 per year Dock Fee
  • 3 Units
  • Building Dimensions are 8219

Building Details

  • Insurance Expense $600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$770

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Tax Municipality: Phoenix
  • Appliances Included: F/S Oven/Range, Refrigerator
  • Cross Street: 19th Avenue and Mountain View
  • Floors: Ceramic Tile
  • Legal Info Lot Number: 23
  • Payment Includes: Interest, Principal
  • Roads Streets: Asphalt
  • Property Type: F
  • Legal Description Abbrev: Turner Terrace Pt Lt 58 Or Foothill Acres
  • Marketing Name: 10Th Avenue Triplex
  • Ownership: Fee Simple
  • Uncvrd Parking Spcs: 6.00
  • Map Code Grid: M34
  • Year Built: 1972
  • Tax Year: 2011
  • Directions: From 19th Ave & Mountain View: East on Mountain View to 10th Ave. South on 10th Avenue to property.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Fire/Smoke Alarm(s), Mini Blinds, Unfurnished, Vertical Blinds

Exterior Features

  • Exterior Amenities: Desert Landscaping, Partially Fenced
  • Roofing: Comp Shingle
  • Construction: Slump Block

Garage/Parking

  • Parking: >1 Space Per Unit
  • Total Parking Spaces: 6.00

Utilities

  • Water: City Franchise
  • Electric: APS
  • Gas: SW Gas
  • Cooling: Heat Pump
  • Heating: Heat Pump

Condo/Co-op/Association

  • Community Amenities: No Pool

Schools

  • Elementary School: Mountain View High School
  • Middle School: Royal Palm Middle School
  • High School: Sunnyslope Elementary School
  • Elementary School: Mountain View High School
  • High School: Sunnyslope Elementary School
  • Junior High School: Royal Palm Middle School

Lot Info

  • Lot Size: 8219

Multi Family

  • Income And Expenses Adjusted Gross Inc: 17139.60
  • Income And Expenses Annual Ins Exp: 600.00
  • Income And Expenses Annual Maint Exp: 1500.00
  • Income And Expenses Annual Mgmt Exp: 1500.00
  • Income And Expenses Annual Other Expense: 800.00
  • Income And Expenses Annual Trash Exp: 600.00
  • Income And Expenses Annual Water Sewer Exp: 1400.00
  • Income And Expenses Gross Annual Sch Inc: 19044.00
  • Income And Expenses Net Operating Income: 9804.00
  • Income And Expenses Vacancy Allowance: 0.10
  • Number Of Two Bedroom Units: 3
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Gas
  • Total Numberof Buildings: 1
  • Total Numberof Units: 3.00
  • Two Bedroom Units Avg Rent: 529.00
  • Two Bedroom Units Avg Sq Ft: 810
  • Two Bedroom Units Baths: 1

Tax Info

  • Taxes: 936.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2019
Sold by
Lagunas Armando Ruiz
Bought by
Lagunas Armando and Lagunas Erika
Total Days on Market
41
Current Estimated Value
$697,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.5%

Purchase Details

Closed on
Dec 23, 2014
Sold by
Kesner Matthew and Lewis Renee
Bought by
Lagunas Armando Ruiz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,482
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 2, 2014
Sold by
Wallaby Ii Llc
Bought by
Kesner Matthew and Lewis Renee

Purchase Details

Closed on
Oct 14, 2013
Sold by
Kesner Matthew and Lewis Renee
Bought by
Wallaby Ii Llc

Purchase Details

Listed on
Feb 4, 2012
Closed on
May 3, 2012
Sold by
Brown Julie Ann and Brown Leslie Rand
Bought by
Kesner Matthew and Lewis Renee
Seller's Agent
Terry Kass
R.O.I. Properties
Buyer's Agent
Terry Kass
R.O.I. Properties
List Price
$109,000
Sold Price
$100,000
Premium/Discount to List
-$9,000
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.74%
Original Mortgage
$70,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2010
Sold by
Findlay Jacob
Bought by
Brown Julie Ann and Brown Leslie Rand

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,200
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2010
Sold by
Huynh Dung and Phan Thuy
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Apr 20, 2009
Sold by
Brown Leslie Rand
Bought by
Brown Julie A

Purchase Details

Closed on
Apr 6, 2009
Sold by
U S Bank National Association
Bought by
Findlay Jacob and Brown Julie A

Purchase Details

Closed on
Dec 19, 2008
Sold by
Flores Edilberto
Bought by
Us Bank National Association

Purchase Details

Closed on
Jan 3, 2006
Sold by
Huynh Dung Kim and Nguyen Hong Van Thi
Bought by
Flores Edilberto
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
Lagunas Armando -- Driggs Title Agency Inc
Lagunas Armando Ruiz $139,000 American Title Svc Agency Ll
Kesner Matthew -- None Available
Wallaby Ii Llc -- None Available
Kesner Matthew $100,000 Chicago Title Agency Inc
Brown Julie Ann -- Title Mgmt Agency Of Az
Federal Home Loan Mortgage Corp $179,851 Security Title Agency
Brown Julie A -- Great American Title Agency
Findlay Jacob -- Great American Title Agency
Findlay Jacob $45,000 Great American Title Agency
Us Bank National Association $105,000 Great American Title Agency
Flores Edilberto $183,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lagunas Armando $208,000
Closed Lagunas Armando $150,000
Previous Owner Lagunas Armando Ruiz $136,482
Previous Owner Kesner Matthew $70,000
Previous Owner Brown Julie Ann $60,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2012 05/07/12 Sold $100,000 -8.3% $123 / Sq Ft
03/16/2012 03/16/12 Pending -- -- --
02/04/2012 02/04/12 For Sale $109,000 -- $135 / 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 $770 $6,298 -- --
2024 $756 $5,998 -- --
2023 $756 $33,970 $6,790 $27,180
2022 $732 $23,670 $4,730 $18,940
2021 $741 $19,710 $3,940 $15,770
2020 $723 $17,660 $3,530 $14,130
2019 $709 $14,980 $2,990 $11,990
2018 $691 $12,420 $2,480 $9,940
2017 $687 $10,520 $2,100 $8,420
2016 $675 $9,660 $1,930 $7,730
2015 $625 $8,310 $1,660 $6,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4723254

Arizona Regional Multiple Listing Service (ARMLS)

APN: 158-34-070A