NOT LISTED FOR SALE

Estimated Value: $745,000 - $979,000

-- Bed
-- Bath
2,595 Sq Ft
$322/Sq Ft Est. Value

Last Sold October 31, 2017

Last sale price $409,000 $158 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $4,453/month

89 Days on Market

About This Home

As of October 2017

Well maintained triplex on private lot in VOC . Each unit is 2 bedroom, 1 bath, approx. 865 sq. ft. All have been upgraded within the last 5 years and a new roof was installed in 2015.
Separate coin operated washer and dryer is available for tenants' convenience. Units 1 & 3 have fireplaces, unit 2 has drywall installed over fireplace for expanded wall space. Detached 3 car carport.
Tenant in unit 1 has a month to month lease. Units 2 & 3 tenants have a one year lease. Landlord has been generous to long term tenants and rents are below current market. Upon expiration of leases, new owners can benefit from significantly higher rents.
Seller may want to effect a 1031 exchange in the sale of this property. New home under construction to the rear will construct a privacy wall.

Last Agent to Sell the Property

Barbara Thomson

Coldwell Banker Realty License #BR007386000 Listed on: 08/02/2017

Coldwell Banker Realty

Last Buyer's Agent

Kathy Cox

Realty ONE Group Mountain Desert License #BR578689000

Realty ONE Group Mountain Desert

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,127

Year Built

  • Built in 1987

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Carpet

Utilities

  • Evaporated cooling system
  • Private Water Source
  • Septic Tank

Community Details

  • 3 Units
  • Fairway Oaks Subdivision

Listing and Financial Details

  • Tax Lot 103
  • Assessor Parcel Number 40527442

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,127

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: Multi Family
  • Year Built: 1987
  • Tax Year: 2016
  • Subdivision Name: Fairway Oaks
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source Private14: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Appliances: Dishwasher, Microwave
  • Appliances Included:Microwave2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Construction Type: Wood Frame
  • Roof: Composition

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No

Utilities

  • Electric: Individual Meter
  • Cooling: Evaporative Cooling
  • Cooling Y N: Yes
  • Water Source: Individual Meter, Private
  • Sewer Septic Tank: Yes

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes

Lot Info

  • Parcel #: 40527442

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2127.0
  • Tax Lot: 103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2017
Closed on
Oct 17, 2017
Sold by
Hyde Richard Franklin and Wehmeyer Lisa Marie
Bought by
Lowenhaupt Timothy Douglas
Seller's Agent
Barbara Thomson
Coldwell Banker Realty
Buyer's Agent
Kathy Cox
Realty ONE Group Mountain Desert
List Price
$409,000
Sold Price
$409,000
Current Estimated Value
$807,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,800
Avg. Annual Appreciation
9.35%
Original Mortgage
$388,550
Outstanding Balance
$324,200
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$510,539

Purchase Details

Closed on
May 15, 2007
Sold by
Hyde Richard F
Bought by
Hyde Richard Franklin and Wehmeyer Lisa Marie
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 Buyer Sale Price Title Company
Lowenhaupt Timothy Douglas $409,000 Yavapai Title
Hyde Richard Franklin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowenhaupt Timothy Douglas $388,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2017 10/31/17 Sold $409,000 0.0% $158 / Sq Ft
10/30/2017 10/30/17 Pending -- -- --
08/02/2017 08/02/17 For Sale $409,000 -- $158 / 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
2026 $2,192 $56,952 -- --
2024 $2,180 $64,456 -- --
2023 $2,180 $48,662 $15,924 $32,738
2022 $2,085 $34,999 $10,127 $24,872
2021 $2,136 $35,668 $10,074 $25,594
2020 $2,135 $0 $0 $0
2019 $2,119 $0 $0 $0
2018 $2,015 $0 $0 $0
2017 $2,156 $0 $0 $0
2016 $2,127 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 513928

Arizona Regional Multiple Listing Service (ARMLS)

APN: 405-27-442