NOT LISTED FOR SALE

Estimated Value: $406,191 - $654,000

4 Beds
-- Bath
2,475 Sq Ft
$218/Sq Ft Est. Value

Last Sold March 29, 2017

Last sale price $125,000 $51 Per Sq Ft

Est. 332% increase in value since last sale

Current estimated payment $3,084/month

31 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heating System Uses Natural Gas
  • Sunnyslope High School Rated A
  • Concrete Flooring

About This Home

As of March 2017

Tenant occupied. No sign on property. Do not disturb. Drive by only. Two (1) bedrooms units and one (2) bedroom unit. Property needs a little work. Call listing agent to discuss. Lots of potential here with rising rents. The owner replaced some windows and A/C units approximately 2004.

Last Listed By

Lawrence Mann

ProSmart Realty License #BR112433000 Listed on: 07/09/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $717

Year Built

  • Built in 1954

Lot Details

  • 8,320

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Concrete
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Washington Elementary School
  • Washington Elementary School - Phoenix Middle School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for water
  • Tax Lot 48
  • Assessor Parcel Number 159-29-029-D

Community Details

Overview

  • 3 Units
  • Building Dimensions are 8325 sq ft
  • Mountain Home Tr Lots 1 4,15,16,25 32,34,36 40 Subdivision

Building Details

  • Net Operating Income $17,980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$717

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Cross Street: 12th St & Mountainview
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3 Multi-Fam
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1954
  • Tax Year: 2015
  • Directions: East to 15th Street. North to address.
  • Road Surface Type: Dedicated Street
  • Subdivision Name: MOUNTAIN HOME TR LOTS 1-4,15,16,25-32,34,36-40
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl, Concrete
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block, Slump Block
  • Roof: Composition
  • Construction:Block: Yes
  • Construction:Slump Block: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0

Utilities

  • Electric: SRP
  • Cooling: Electric, Ceiling Fan(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Satellite Dish: Yes

Fee Information

  • Annual Water Sewer Expense: 720.0

Schools

  • Elementary School: Washington Elementary School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Washington Elementary School - Phoenix

Lot Info

  • Lot Size: 8325 sq ft
  • Additional Parcels: No
  • Parcel #: 159-29-029-D

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 3
  • Insurance Expense: 600.0
  • Maintenance Expense: 500.0
  • Property Net Operating Income: 17980.0

Tax Info

  • Tax Annual Amount: 717.0
  • Tax Book Number: 159.00
  • Tax Lot: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2022
Sold by
Mhm Real Estate Llc
Bought by
Chw 9816 Llc
Total Days on Market
31
Current Estimated Value
$540,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 9, 2016
Closed on
Mar 28, 2017
Sold by
Marshall Hilda
Bought by
Mhm Real Estate Llc
Seller's Agent
Lawrence Mann
ProSmart Realty
Buyer's Agent
Lawrence Mann
ProSmart Realty
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.38%

Purchase Details

Closed on
Sep 13, 2005
Sold by
Marshall Hilda
Bought by
Mainguard Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2005
Sold by
Mainguard Investments Llc
Bought by
Marshall Hilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2004
Sold by
Castellanos Marco and Castellanos Annie
Bought by
Mainguard Investments Llc

Purchase Details

Closed on
Dec 27, 2002
Sold by
Senapathi Sivaji
Bought by
Castellanos Marco and Castellanos Annie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,250
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2001
Sold by
Lynch William B
Bought by
Senapathi Sivaji

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
7.14%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 25, 1974
Sold by
Harbeck Herman L and Harbeck Kathleen M
Bought by
Lynch Gordon B and Lynch Audrey B

Range of Values:

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Average Value
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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
Chw 9816 Llc $420,000 New Title Company Name
Mhm Real Estate Llc $125,000 Driggs Title Agency Inc
Mainguard Investments Llc -- --
Marshall Hilda -- --
Mainguard Investments Llc $151,000 Westland Title Agency Of Az
Castellanos Marco $127,000 Westland Title Agency Of Az
Senapathi Sivaji $110,000 Title Guaranty Agency
Lynch Gordon B $36,500 Uslife Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chw 9816 Llc $424,000
Closed Chw 9816 Llc $350,000
Previous Owner Marshall Hilda $162,000
Previous Owner Castellanos Marco $95,250
Previous Owner Senapathi Sivaji $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2017 03/29/17 Sold $125,000 0.0% $51 / Sq Ft
08/09/2016 08/09/16 Pending -- -- --
07/09/2016 07/09/16 For Sale $125,000 -- $51 / 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 $884 $7,230 -- --
2024 $868 $6,886 -- --
2023 $868 $36,200 $7,240 $28,960
2022 $840 $25,900 $5,180 $20,720
2021 $851 $22,050 $4,410 $17,640
2020 $829 $19,360 $3,870 $15,490
2019 $814 $16,920 $3,380 $13,540
2018 $793 $12,770 $2,550 $10,220
2017 $789 $13,130 $2,620 $10,510
2016 $775 $11,880 $2,370 $9,510
2015 $717 $10,850 $2,170 $8,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5476043

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-29-029D