$125,000
SOLD MAY 10, 2016
-- Bed
-- Bath
1,386 Sq Ft
1945 Built

Recently Sold

$90 Per Sq Ft

10% Below List Price

176 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • 3-minute walk to Sunnyslope Rock Garden
  • Sunnyslope High School Rated A
  • Floor Furnace

About This Home

As of May 2016

Great Unit Mix! Easy renter! Plenty of parking! Zoned R-3 - redevelopment opportunity??? Desert Landscaping and 360 degree mountain views! Lots of remodeling done in last 2 years - newer electric service! Room for rent increases! Buyer to verify all items during the due diligence period.

Last Agent to Sell the Property

Lloyd Kaipainen

Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 09/09/2015

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Lois Kaipainen

Income Property Shop License #SA567276000

Last Buyer's Agent

Carlos Enriquez

HomeSmart License #SA530819000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $589

Year Built

  • Built in 1945

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Siding
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Window Unit Heating System

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for gas, electricity, trash collection, water, sewer, landscaping
  • Tax Lot 39
  • Assessor Parcel Number 159-30-046

Community Details

Overview

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

Building Details

  • Gross Income $21,033
  • Net Operating Income $12,174

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$589

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Cross Street: 12th Street/Mountain View
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1945
  • Tax Year: 2014
  • Directions: East to 14th Street, North to property on West side of street (sits way back on the lot).
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sjfl03
  • Co List Office Phone: 602-264-8400
  • Subdivision Name: MOUNTAIN HOME TR LOTS 1-4,15,16,25-32,34,36-40
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS, Master Meter
  • Cooling: Other, See Remarks, Wall/Window Unit(s)
  • Heating: Other, See Remarks, Window/Wall Unit(s), Electric, Natural Gas, Floor Furnace, Wall Furnace
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Electric Master Meter: Yes
  • Heating:WindowWall Unit(s): Yes
  • Heating:Wall Furnace: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Fuel Expense: 464.0
  • Annual Water Sewer Expense: 1125.0

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 159-30-046

Multi Family

  • Owner Pays: Gas, Electricity, Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 3
  • Electric Expense: 2786.0
  • Annual Gross Income: 21033.0
  • Insurance Expense: 895.0
  • Maintenance Expense: 2500.0
  • Property Net Operating Income: 12174.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 589.0
  • Tax Book Number: 159.00
  • Tax Lot: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2023
Sold by
Weeks Bret and Weeks Phuongloan
Bought by
Weeks Living Trust

Purchase Details

Closed on
Aug 10, 2021
Sold by
William Bret and Weeks Phuong Loan Thi
Bought by
Weeks Bret William and Weeks Phuong Loan Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 9, 2015
Closed on
May 4, 2016
Sold by
9838 N 14Th Street Llc
Bought by
Weeks Bret W and Weeks Phuongloan
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Carlos Enriquez
HomeSmart
List Price
$139,000
Sold Price
$125,000
Premium/Discount to List
-$14,000
-10.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.96%
Original Mortgage
$93,750
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2012
Sold by
The Kugman Family Limited Partnership and Porubovich Michael
Bought by
9838 N 14Thy Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,375
Interest Rate
3.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2009
Sold by
Klugman Stuart
Bought by
Klugman Family Partnership

Purchase Details

Closed on
Jan 20, 2009
Sold by
Klugman Emily A
Bought by
Klugman Stuart

Purchase Details

Closed on
Jan 12, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Klugman Stuart

Purchase Details

Closed on
Sep 3, 2008
Sold by
Schupbach Lori
Bought by
Suntrust Mortgage Inc and Mortgage Electronic Registration Systems

Purchase Details

Closed on
Apr 26, 2006
Sold by
Anatestenis David
Bought by
Schupbach Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2005
Sold by
Fay Development Group Llc
Bought by
Antestenis David

Purchase Details

Closed on
Jan 12, 2005
Sold by
14Th St Llc
Bought by
Fay Development Group Llc

Purchase Details

Closed on
Dec 24, 2003
Sold by
Mckinley Duane Lee and Mckinley William George
Bought by
14Th Street Llc

Purchase Details

Closed on
May 6, 1999
Sold by
Soltes Stephen John
Bought by
Soltez Stephen and Soltes Stephen
Source: Public Records

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 Type Sale Price Title Company
Special Warranty Deed -- --
Interfamily Deed Transfer -- Driggs Title Agency Inc
Warranty Deed $125,000 Chicago Title Agency Inc
Warranty Deed $150,000 Empire West Title Agency
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- First American Title Ins Co
Cash Sale Deed $45,000 First American Title Ins Co
Trustee Deed $161,709 First American Title
Warranty Deed $280,000 Premier Title Group Maricopa
Warranty Deed $189,000 Camelback Title Agency Llc
Cash Sale Deed $102,500 Camelback Title Agency Llc
Special Warranty Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $315,000 New Conventional
Previous Owner $93,750 New Conventional
Previous Owner $114,375 Purchase Money Mortgage
Previous Owner $224,000 Purchase Money Mortgage
Previous Owner $56,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 For Sale $465,000 +272.0% --
05/10/2016 05/10/16 Sold $125,000 -10.1% $90 / Sq Ft
03/03/2016 03/03/16 Pending -- -- --
09/09/2015 09/09/15 For Sale $139,000 -- $100 / 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 $676 $5,529 -- --
2024 $664 $5,265 -- --
2023 $664 $25,280 $5,050 $20,230
2022 $642 $17,600 $3,520 $14,080
2021 $651 $15,570 $3,110 $12,460
2020 $634 $13,520 $2,700 $10,820
2019 $623 $11,300 $2,260 $9,040
2018 $606 $10,470 $2,090 $8,380
2017 $603 $9,950 $1,990 $7,960
2016 $592 $9,010 $1,800 $7,210
2015 $549 $8,120 $1,620 $6,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5332200

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-30-046