NOT LISTED FOR SALE

Estimated Value: $1,357,000 - $1,575,000

Studio
8 Baths
5,328 Sq Ft
$270/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $830,000 $156 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $8,580/month

47 Days on Market

Highlights

  • Central Air
  • Carpet
  • Heating Available
  • Ceiling Fan

About This Home

As of December 2018

4-Plex with some of the largest sqft apartments in VOC (1,332 avg each) with 2 carport parking, extra storage and beautiful redrock views from the upstairs balconies. Units have 2 bedrooms and 2 baths with HVAC. Appliances included. Well maintained. These units can now rent for up to $1,500/month based on current market price for like properties. Actual rents are lower but contracts are month to month and could be adjusted.

Last Agent to Sell the Property

Historical Agent - SVV

Historical Listings - SVV Listed on: 09/12/2018

Last Buyer's Agent

Historical Agent - SVV

Historical Listings - SVV Listed on: 09/12/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,702

Year Built

  • Built in 1995

Home Design

  • Wood Frame Construction

Interior Spaces

  • Ceiling Fan
  • Carpet

Utilities

  • Central Air
  • Heating Available
  • Septic Tank

Community Details

  • 4 Units
  • Fairway Oaks Subdivision

Listing and Financial Details

  • Tax Lot 95
  • Assessor Parcel Number 40527434a

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,702

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: R2-2
  • Number Of Buildings: 1
  • Year Built: 1995
  • Tax Year: 2017
  • Subdivision Name: Fairway Oaks
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Appliances: Disposal, Dishwasher, Refrigerator, Microwave
  • Appliances Included:Microwave2: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Construction Type: Wood Frame
  • Roof: Rolled/Hot Mop

Utilities

  • Electric: Individual Meter
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter, City Franchise
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes

Lot Info

  • Parcel #: 40527434a

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3702.0
  • Tax Lot: 95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2018
Closed on
Dec 14, 2018
Sold by
Haller George and Houston Martha Patricia
Bought by
Houston Martha Patricia
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$890,000
Sold Price
$830,000
Premium/Discount to List
-$60,000
-6.74%
Current Estimated Value
$1,574,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$744,581
Avg. Annual Appreciation
8.11%
Original Mortgage
$453,000
Outstanding Balance
$398,322
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$1,041,783

Purchase Details

Listed on
Sep 12, 2018
Closed on
Nov 27, 2018
Sold by
Houston Martha Patricia
Bought by
Houston Martha Patricia and Martha Patricia Houston Trust
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$890,000
Sold Price
$830,000
Premium/Discount to List
-$60,000
-6.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,000
Outstanding Balance
$398,322
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$1,041,783

Purchase Details

Listed on
Sep 12, 2018
Closed on
Oct 30, 2018
Sold by
Park Gregory Todd
Bought by
Houston Martha Patricia
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
Historical Agent - SVV
Historical Listings - SVV
List Price
$890,000
Sold Price
$830,000
Premium/Discount to List
-$60,000
-6.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,000
Outstanding Balance
$398,322
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$1,041,783

Purchase Details

Listed on
Aug 28, 2015
Closed on
Dec 10, 2015
Sold by
Sletten Marina
Bought by
Park Gregory Todd
Seller's Agent
Lee Jeans
Coldwell Banker Realty
Buyer's Agent
Lee Jeans
Coldwell Banker Realty
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%
Original Mortgage
$359,286
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 11, 2014
Closed on
Apr 22, 2014
Sold by
Ryu Soonbok L
Bought by
Sletten Marina
Seller's Agent
Historical Agent - SVV
Historical Listings - SVV
Buyer's Agent
Lee Jeans
Coldwell Banker Realty
List Price
$699,000
Sold Price
$578,000
Premium/Discount to List
-$121,000
-17.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%

Purchase Details

Closed on
Jun 28, 1999
Sold by
Shaver Thomas and Shaver Christine J
Bought by
Caddell Muriel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 1999
Sold by
Caddell Muriel M
Bought by
Ryu Jason and Ryu Soonbok L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 1994
Sold by
Neal Klein Construction
Bought by
Caddell Frederick and Caddell Muriel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
8.58%
Source: Public Records
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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
Houston Martha Patricia -- Lawyers Title Of Arizona Inc
Houston Martha Patricia -- Lawyers Title
Houston Martha Patricia $830,000 Lawyers Title Yavapai
Park Gregory Todd $650,000 Stewart Title & Trust Sedona
Sletten Marina $578,000 Stewart Title & Trust Sedona
Caddell Muriel M -- First American Title
Ryu Jason $430,000 First American Title
Caddell Frederick $454,390 Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Houston Martha Patricia $453,000
Previous Owner Park Gregory Todd $359,286
Previous Owner Ryu Jason $322,500
Previous Owner Caddell Frederick $295,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2018 12/14/18 Sold $830,000 -6.7% $156 / Sq Ft
10/29/2018 10/29/18 Pending -- -- --
09/12/2018 09/12/18 For Sale $890,000 +36.9% $167 / Sq Ft
12/21/2015 12/21/15 Sold $650,000 -7.0% $122 / Sq Ft View Prior Sale
11/03/2015 11/03/15 Pending -- -- --
08/28/2015 08/28/15 For Sale $699,000 +20.9% $131 / Sq Ft
05/06/2014 05/06/14 Sold $578,000 -17.3% $108 / Sq Ft View Prior Sale
05/05/2014 05/05/14 Pending -- -- --
02/11/2014 02/11/14 For Sale $699,000 -- $131 / 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 $4,158 $110,819 -- --
2024 $4,041 $120,660 -- --
2023 $4,041 $93,057 $15,924 $77,133
2022 $3,968 $69,248 $10,127 $59,121
2021 $4,025 $71,263 $10,074 $61,189
2020 $4,025 $0 $0 $0
2019 $3,986 $0 $0 $0
2018 $3,804 $0 $0 $0
2017 $3,702 $0 $0 $0
2016 $3,654 $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: 517605

Arizona Regional Multiple Listing Service (ARMLS)

APN: 405-27-434A