C
Seller's Agent in 2023
Christopher Adams
Realty Executives
Estimated Value: $252,000 - $273,000
Studio
--
Bath
--
Sq Ft
13,983
Sq Ft Lot
About This Home
As of June 2023Currently 2 residences on this parcel, both rented out with long term tenants. Unit A is a 2/1 and Unit B is a 1/1. This is 2 lots combined into one making it almost 1/3 acre. R-2 zoning allows for single family and multifamily (duplex/triplex/4-plex). Per the new Casa Grande general plan, there are planned zoning changes allowing for manufactured/mobile homes to be installed via a conditional use permit. Easy Access to I-10, I-8, Walmart Distro Center, Lucid, Kohler, and more! Low taxes. Solid CAP rate and cash flow with current tenant but also opportunity to increase rents. Don't let this opportunity pass you by!
Last Agent to Sell the Property
Christopher Adams
Realty Executives Brokerage Phone: 480-399-2007 License #SA672809000 Listed on: 06/17/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $588
Year Built
- Built in 1937
Lot Details
- 0.32
Home Design
- Wood Frame Construction
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Legal Lot and Block 22 / 5
- Assessor Parcel Number 507-09-095
Community Details
Overview
- 2 Buildings
- 2 Units
- Building Dimensions are 100x140
- Burgess Addition Subdivision
Building Details
- Operating Expense $588
- Gross Income $15,600
- Net Operating Income $15,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 17, 2023
Closed on
Aug 15, 2023
Sold by
Pedro Hernandez Murillo Pllc
Bought by
Murillo Pedro Hernandez
Seller's Agent
Christopher Adams
Realty Executives
Buyer's Agent
Pedro Hernandez Murillo
eXp Realty
List Price
$155,000
Sold Price
$140,000
Premium/Discount to List
-$15,000
-9.68%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,742
Avg. Annual Appreciation
26.85%
Original Mortgage
$163,100
Interest Rate
6.71%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 17, 2023
Closed on
Jun 28, 2023
Sold by
Salt River Equity Llc
Bought by
Pedro Hernandez Murillo Pllc
Seller's Agent
Christopher Adams
Realty Executives
Buyer's Agent
Pedro Hernandez Murillo
eXp Realty
List Price
$155,000
Sold Price
$140,000
Premium/Discount to List
-$15,000
-9.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,100
Interest Rate
6.71%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 17, 2023
Closed on
Jun 27, 2023
Sold by
807 Holdings Llc
Bought by
Salt River Equity Llc
Seller's Agent
Christopher Adams
Realty Executives
Buyer's Agent
Pedro Hernandez Murillo
eXp Realty
List Price
$155,000
Sold Price
$140,000
Premium/Discount to List
-$15,000
-9.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,100
Interest Rate
6.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 7, 2013
Sold by
Reyna Juan Manuel and Arnold Reyna Pamela Kay
Bought by
Reyna Juan Manuel
Purchase Details
Closed on
Jun 12, 2007
Sold by
Reyna Juan Manuel and Reyna Maria Del Carmen
Bought by
Reyna Juan Manuel and Arnold Reyna Pamela Kay
Purchase Details
Closed on
Jan 24, 2001
Sold by
Warchol Virginia K
Bought by
Reyna Juan Manuel and Reyna Maria Del Carmen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.89%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Murillo Pedro Hernandez | -- | Empire Title | |
| Pedro Hernandez Murillo Pllc | $150,000 | American Title Services | |
| Salt River Equity Llc | $140,000 | Investors Title | |
| 807 Holdings Inc | $130,000 | Magnus Title Agency | |
| Reyna Juan Manuel | -- | None Available | |
| Reyna Juan Manuel | $40,000 | None Available | |
| Reyna Juan Manuel | $50,000 | Fidelity National Title Agen |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Murillo Pedro Hernandez | $163,100 | |
| Previous Owner | Pedro Hernandez Murillo Pllc | $150,000 | |
| Previous Owner | Reyna Juan Manuel | $45,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/23/2023 06/23/23 | Sold | $140,000 | -9.7% | -- |
| 06/17/2023 06/17/23 | Pending | -- | -- | -- |
| 06/17/2023 06/17/23 | For Sale | $155,000 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $586 | $7,321 | -- | -- |
| 2024 | $597 | $7,971 | -- | -- |
| 2023 | $597 | $6,309 | $1,400 | $4,909 |
| 2022 | $588 | $4,483 | $1,400 | $3,083 |
| 2021 | $616 | $4,273 | $0 | $0 |
| 2020 | $585 | $3,963 | $0 | $0 |
| 2019 | $558 | $3,781 | $0 | $0 |
| 2018 | $565 | $3,684 | $0 | $0 |
| 2017 | $584 | $3,718 | $0 | $0 |
| 2016 | $563 | $3,678 | $1,400 | $2,278 |
| 2014 | $494 | $3,213 | $1,400 | $1,813 |
Source: Public Records
Agents Affiliated with this Home
-
-
Pedro Hernandez Murillo
P
Buyer's Agent in 2023
Pedro Hernandez Murillo
eXp Realty
(480) 454-1054
3 in this area
49 Total Sales
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6570300
APN: 507-09-095
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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