NOT LISTED FOR SALE
12 Beds
6 Baths
4,680 Sq Ft
1.14 Acre Lot

Sale Details

Date Sold: September 30, 2021

Last sale price $960,000 $205 Per Sq Ft

114 Days on Market

Highlights

  • RV or Boat Parking
  • Wood Flooring
  • Central Heating and Cooling System
  • Phoenix Coding Academy Rated A

About This Home

As of September 2021

Fantastic income generating opportunity in a great location. There are 7 units in this complex -- five 2/1's and two 1/1's. Most of have been recently remodeled with new roofs, new flooring, new kitchens, new baths, new AC, new siding, new paint, etc. There is also a manufactured home associated with one of the units that adds another 1/2 bath and studio on top of the 7 units. Rents are due to be raised in all of the units. A list of capital improvements can be found in the documents section.

Last Agent to Sell the Property

Jeff Hale

My Home Group Real Estate License #SA644476000 Listed on: 03/15/2021

My Home Group Real Estate

Co-Listed By

Craig Allen

My Home Group Real Estate License #SA585444000

Last Buyer's Agent

Sarah Olinger

Arizona Elite Properties License #SA650252000

Arizona Elite Properties
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,502

Year Built

  • Built in 1946

Lot Details

  • 1.14

Home Design

  • Steel Frame
  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Siding

Flooring

  • Wood
  • Carpet
  • Concrete
  • Ceramic Tile
  • Vinyl

Parking

  • 6 Open Parking Spaces
  • 9 Parking Spaces
  • Carport
  • RV or Boat Parking

Schools

  • Bernard Black Elementary School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • The owner pays for trash collection
  • Tax Lot 13
  • Assessor Parcel Number 300-79-017-C

Community Details

Overview

  • 9 Buildings
  • 7 Units
  • Building Dimensions are 215x215
  • Las Lomas Subdivision

Building Details

  • Operating Expense $14,737
  • Gross Income $5,889
  • Net Operating Income $70,668

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,502

Year Built

Built in 1946

Lot Details

1.14 Acres

Listing Details

  • Cross Street: 27th Ave & Dobbins
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-43
  • Number Of Buildings: 9
  • Ownership: Fee Simple
  • Year Built: 1946
  • Tax Year: 2020
  • Road Surface Type: Gravel, Dirt, Private Street, Concrete, Sidewalk(s)
  • Co List Office Mls Id: turf001
  • Co List Office Phone: 602-888-1000
  • Subdivision Name: LAS LOMAS
  • Tax Parcel Letter: C
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl, Wood, Concrete
  • Appliances: Free-Standing Range, Refrigerator, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Steel Frame, Wood Frame, Siding, Painted, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Construction:Steel Frame: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Other, RV/Access Parking, Add'l Parking Avail, Carport
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 9.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 9.0
  • Exterior Amenities:RVBoat Parking: Yes
  • Parking Features:Carport: Yes
  • Parking Features RVBoat Parking2: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air
  • Heating: Central, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Pet Restrictions: Yes

Fee Information

  • Trash Expense: 3639.0
  • Annual Water Sewer Expense: 2970.0

Schools

  • Elementary School: Bernard Black Elementary School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Bernard Black Elementary School

Lot Info

  • Lot Size: 215x215
  • Additional Parcels: No
  • Parcel #: 300-79-017-C

Multi Family

  • Owner Pays: Trash Collection
  • Number Of Units Total: 7
  • Electric Expense: 200.0
  • Annual Gross Income: 5889.0
  • Insurance Expense: 2600.0
  • Property Net Operating Income: 70668.0
  • Annual Operating Expense: 14737.0

Tax Info

  • Tax Annual Amount: 3502.0
  • Tax Book Number: 300.00
  • Tax Lot: 13

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2024
Sold by
Fuller Deborah and Fuller Michael
Bought by

Purchase Details

Listed on
Mar 15, 2021
Closed on
Sep 27, 2021
Sold by
Tip Top Homes Llc
Bought by
Fuller Deborah and Bigge Michael
Seller's Agent
Jeff Hale
My Home Group Real Estate
Buyer's Agent
Sarah Olinger
Arizona Elite Properties
List Price
$1,195,000
Sold Price
$960,000
Premium/Discount to List
-$235,000
-19.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,190,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 9, 2016
Closed on
Sep 2, 2016
Sold by
Laveen Bungalows Llc
Bought by
Tip Top Homes Llc
Seller's Agent
Peggy Schwartz
Schwartz Realty Group
Buyer's Agent
Jeff Hale
My Home Group Real Estate
List Price
$299,000
Sold Price
$240,000
Premium/Discount to List
-$59,000
-19.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.59%

Purchase Details

Closed on
May 20, 2008
Sold by
Egan Jacqueline
Bought by
Laveen Bungalows Llc

Purchase Details

Closed on
Jan 10, 2008
Sold by
Aldorado Place Inc
Bought by
Printy Richard J

Purchase Details

Closed on
Oct 6, 2003
Sold by
Mell Clyde E
Bought by
Pres R J Printy and Aldorado Place Inc

Purchase Details

Closed on
Mar 17, 2003
Sold by
Aldorado Place Inc
Bought by
Mell Clyde

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Laveen, AZ

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Fuller Deborah $960,000 Security Title Agency Inc
Tip Top Homes Llc $240,000 Driggs Title Agency Inc
Laveen Bungalows Llc -- None Available
Printy Richard J -- None Available
Pres R J Printy -- --
Mell Clyde $200,000 Stewart Title & Trust
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,190,000
Previous Owner Mell Clyde $200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2021 09/30/21 Sold $960,000 -2.0% $205 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
06/29/2021 06/29/21 Price Changed $980,000 -2.0% $209 / Sq Ft
05/25/2021 05/25/21 Price Changed $1,000,000 -4.8% $214 / Sq Ft
04/28/2021 04/28/21 Price Changed $1,050,000 -4.1% $224 / Sq Ft
04/13/2021 04/13/21 Price Changed $1,095,000 -4.8% $234 / Sq Ft
03/29/2021 03/29/21 Price Changed $1,150,000 -3.8% $246 / Sq Ft
03/15/2021 03/15/21 For Sale $1,195,000 +397.9% $255 / Sq Ft
09/12/2016 09/12/16 Sold $240,000 -9.4% $51 / Sq Ft View Prior Sale
08/31/2016 08/31/16 Pending -- -- --
08/12/2016 08/12/16 Price Changed $264,900 -11.4% $57 / Sq Ft
07/08/2016 07/08/16 For Sale $299,000 -- $64 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,710 $24,951
2024 $3,562 $23,763
2023 $3,562 $27,900 $12,740 $15,160
2022 $3,445 $22,970 $9,400 $13,570
2021 $3,557 $21,080 $7,770 $13,310
2020 $3,502 $19,550 $6,320 $13,230
2019 $3,450 $19,330 $6,720 $12,610
2018 $3,398 $17,970 $5,050 $12,920
2017 $3,251 $17,160 $4,830 $12,330
2016 $3,322 $17,530 $5,000 $12,530
2015 $3,259 $17,110 $4,560 $12,550
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6207630

Arizona Regional Multiple Listing Service (ARMLS)
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