NOT LISTED FOR SALE

Estimated Value: $398,000 - $499,000

-- Bed
-- Bath
2,556 Sq Ft
$175/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $392,000 $153 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,421/month

21 Days on Market

Highlights

  • Central Air
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of January 2023

THIS AMAZING TRI PLEX IS AN INVESTORS DREAM. 3 UNITS WITH TENANTS. NO LEASE SO YOU CAN MOVE THEM OUT OR HAVE TENANTS. SOME REMOLDING HAS BEEN DONE, BUT THIS IS A TRUE INVESTMENT PROPERTY. CLOSE TO AMENITIES, LAKES AND THE SALT RIVER. PLEASE DO NOT DISTURB TENANTS. COVERED PARKING FOR THE UNITS.

Last Agent to Sell the Property

Shelley Pelky

Arizona Elite Properties License #SA562090000 Listed on: 01/05/2023

Arizona Elite Properties

Last Buyer's Agent

Sandra De La Rosa

My Home Group Real Estate License #SA553258000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $976

Year Built

  • Built in 1984

Lot Details

  • 9,845

Home Design

  • Brick Exterior Construction
  • Composition Roof

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Schools

  • Taft Elementary School
  • Smith Junior High School
  • Skyline High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for water, cable TV, landscaping
  • Tax Lot 6
  • Assessor Parcel Number 220-30-068

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Building Dimensions are 9418
  • Blue Sky Vista 2 Subdivision

Building Details

  • Operating Expense $1,976
  • Gross Income $22,000
  • Net Operating Income $20,376

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$976

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: Crismon & University
  • Property Type: Multiple Dwellings
  • Zoning: 0335
  • Number Of Buildings: 3
  • Year Built: 1984
  • Tax Year: 2022
  • Road Surface Type: Asphalt
  • Subdivision Name: Blue Sky Vista 2
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Brick
  • Roof: See Remarks, Composition

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Elementary School: Taft Elementary School
  • High School: Skyline High School
  • Middle Or Junior School: Smith Junior High School

Lot Info

  • Lot Size: 9418
  • Additional Parcels: No
  • Parcel #: 220-30-068

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Cable TV, Landscaping
  • Number Of Units Total: 3
  • Annual Gross Income: 22000.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 20376.0
  • Annual Operating Expense: 1976.0

Tax Info

  • Tax Annual Amount: 976.0
  • Tax Book Number: 220.00
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Jan 31, 2023
Sold by
Rowland Family Trust
Bought by
Salazar Jose Nicolas and Salazar Alma Lucia
Seller's Agent
Shelley Pelky
Arizona Elite Properties
Buyer's Agent
Sandra De La Rosa
My Home Group Real Estate
List Price
$390
Sold Price
$392,000
Premium/Discount to List
$391,610
100412.82%
Views
13
Current Estimated Value
$447,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,788
Avg. Annual Appreciation
4.65%

Purchase Details

Closed on
Mar 12, 2003
Sold by
Rowland Charles and Rowland Joann
Bought by
Rowland Charles and Rowland Joann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Salazar Jose Nicolas $392,000 Greystone Title
Rowland Charles -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2023 01/31/23 Sold $392,000 0.0% $153 / Sq Ft
01/25/2023 01/25/23 Pending -- -- --
01/23/2023 01/23/23 Off Market $392,000 -- --
01/07/2023 01/07/23 Pending -- -- --
01/04/2023 01/04/23 For Sale $390 -- $0 / 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 $988 $10,959 -- --
2024 $1,000 $10,437 -- --
2023 $1,000 $33,320 $6,660 $26,660
2022 $976 $24,410 $4,880 $19,530
2021 $974 $21,750 $4,350 $17,400
2020 $966 $20,920 $4,180 $16,740
2019 $895 $18,680 $3,730 $14,950
2018 $873 $15,570 $3,110 $12,460
2017 $843 $12,900 $2,580 $10,320
2016 $825 $12,100 $2,420 $9,680
2015 $771 $12,080 $2,410 $9,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6503997

Arizona Regional Multiple Listing Service (ARMLS)

APN: 220-30-068