NOT LISTED FOR SALE

Estimated Value: $592,000 - $647,000

5 Beds
3 Baths
1,912 Sq Ft
$327/Sq Ft Est. Value

Last Sold December 13, 2016

Last sale price $440,000 $230 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,060/month

4 Days on Market

Highlights

  • Attached Garage
  • Level Lot
  • 1-Story Property
  • Hiteon Elementary School Rated A-
  • Wall Furnace
  • 1-minute walk to Wildhorse Mini Park

About This Home

As of December 2016

This is an awesome investment property in the highly desired Murryhill/Sorento Ridge area Good location for shopping, dining,and arts/entertainment Central location for several commutes to work Walk to close by schools and parks This duplex looks and lives like a reg family home, and in a outstanding area.

Last Agent to Sell the Property

Loron AJ Vernaza

Premiere Property Group, LLC License #200501224 Listed on: 10/06/2016

Last Buyer's Agent

Brian Porter

Opt License #200305174

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,759

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • Level Lot

Parking

  • Attached Garage

Home Design

  • Composition Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 1,912 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Schools

  • Hiteon Elementary School
  • Southridge High School

Utilities

  • No Cooling
  • Wall Furnace

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number R1019604

Community Details

Overview

  • 2 Units
  • Hiteon Area Subdivision
  • Property managed by SUBJECT TO INTERIOR INSP

Building Details

  • Operating Expense $6,959
  • Gross Income $22,080
  • Net Operating Income $15,121

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,759

Year Built

Built in 1979 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1979
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage

Exterior Features

  • Exterior Description: T111Siding
  • View: No
  • Lot Features: Level
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Attached, Garage
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity,Tank
  • Cooling Y N: No
  • Heating: WallFurnace
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: SUBJECT TO INTERIOR INSP

Schools

  • Elementary School: Hiteon
  • High School: Southridge

Lot Info

  • Zoning: R7
  • Parcel #: R1019604

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 18.03
  • Annual Gross Income: 22080.0
  • Property Net Operating Income: 15121.0
  • Annual Operating Expense: 6959.0

Tax Info

  • Tax Annual Amount: 4758.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2016
Closed on
Dec 8, 2016
Sold by
Vernaza Barbara J and Vernaza Joseph I
Bought by
Lempert Gabriel
Seller's Agent
Loron AJ Vernaza
Premiere Property Group, LLC
Buyer's Agent
Brian Porter
Opt
List Price
$398,200
Sold Price
$440,000
Premium/Discount to List
$41,800
10.5%
Total Days on Market
4
Current Estimated Value
$625,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,687
Avg. Annual Appreciation
4.23%
Original Mortgage
$432,030
Outstanding Balance
$352,449
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$273,238
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 Buyer Sale Price Title Company
Lempert Gabriel $440,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lempert Gabriel $432,030
Previous Owner Vernaza Joseph I $231,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2016 12/13/16 Sold $440,000 +10.5% $230 / Sq Ft
10/10/2016 10/10/16 Pending -- -- --
10/06/2016 10/06/16 For Sale $398,200 -- $208 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $6,728 $318,860 -- --
2024 $6,352 $309,580 -- --
2023 $6,352 $300,570 $0 $0
2022 $6,079 $300,570 $0 $0
2021 $5,867 $283,330 $0 $0
2020 $5,688 $275,080 $0 $0
2019 $5,508 $267,070 $0 $0
2018 $5,333 $259,300 $0 $0
2017 $5,133 $251,750 $0 $0
2016 $4,955 $244,420 $0 $0
2015 $4,759 $237,310 $0 $0
2014 $4,650 $230,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16241782

Regional Multiple Listing Service (RMLS)

APN: R1019604