NOT LISTED FOR SALE

Estimated Value: $532,058 - $659,000

-- Bed
2 Baths
1,472 Sq Ft
$420/Sq Ft Est. Value

Last Sold July 19, 2021

Last sale price $490,000 $333 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,367/month

54 Days on Market

Highlights

  • Central Air
  • Carpet
  • Heating System Uses Natural Gas
  • Ceiling Fan

About This Home

As of July 2021

Tidy duplex in the Village of Oak Creek with single bedroom units on each side of the home. Each unit has a full kitchen, living room, bedroom, large closet, full bath, rear deck, carport and laundry facilities. These units are separately metered for utilities to make it easy on your tenants. This is a great investment whether you use it for tenants in current condition or remodel it and maximize your rental income. One owner is a licensed real estate agent in Arizona.

Last Agent to Sell the Property

Rick Wesselhoff

Coldwell Banker Realty License #BR529981000 Listed on: 05/21/2021

Coldwell Banker Realty

Last Buyer's Agent

Karen Dunlap

Coldwell Banker Realty License #BR007987000

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,559

Year Built

  • Built in 1980

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • Ceiling Fan
  • Carpet

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Private Water Source
  • Septic Tank

Community Details

  • 2 Units
  • Fairway Oaks Subdivision

Listing and Financial Details

  • Tax Lot 104
  • Assessor Parcel Number 40527443

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,559

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: R2-2
  • Number Of Buildings: 1
  • Year Built: 1980
  • Tax Year: 2017
  • Subdivision Name: Fairway Oaks
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source Private14: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Appliances: Refrigerator
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Construction Type: Wood Frame
  • Roof: Composition

Utilities

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

Association/Amenities

  • Exterior Amenities:PatioBalcony: Yes

Lot Info

  • Parcel #: 40527443

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1559.0
  • Tax Lot: 104

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jun 23, 2021
Sold by
Damfino Llc
Bought by
Hastings Martin Korth
Seller's Agent
Rick Wesselhoff
Coldwell Banker Realty
Buyer's Agent
Karen Dunlap
Coldwell Banker Realty
List Price
$450,000
Sold Price
$490,000
Premium/Discount to List
$40,000
8.89%
Current Estimated Value
$618,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,015
Avg. Annual Appreciation
5.34%
Original Mortgage
$459,910
Outstanding Balance
$416,391
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$201,624

Purchase Details

Closed on
Jan 3, 2018
Sold by
Wesselhoff Rick W and Wesselhoff Jennifer A
Bought by
Damfino Llc

Purchase Details

Closed on
Jan 29, 2013
Sold by
Damfino Llc
Bought by
Wesselhoff Rick W and Wesselhoff Jennifer A

Purchase Details

Closed on
Dec 10, 2010
Sold by
Wesselhoff Rick W and Wesselhoff Jennifer A
Bought by
Damfino Llc

Purchase Details

Closed on
Mar 26, 2008
Sold by
Damfino Llc
Bought by
Wesselhoff Rick W and Wesselhoff Jennifer A

Purchase Details

Closed on
Nov 15, 2005
Sold by
Wesselhoff Rick W and Wesselhoff Jennifer A
Bought by
Damfino Llc

Purchase Details

Closed on
Jan 3, 2005
Sold by
Larson Robert S and Larson Loretta M
Bought by
Wesselhoff Rick W and Wesselhoff Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
2%
Mortgage Type
New Conventional
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
Hastings Martin Korth $490,000 Pioneer Title Agency Inc
Damfino Llc -- None Available
Wesselhoff Rick W -- Stewart Title & Trust Of Pho
Damfino Llc -- Stewart Title & Trust Of Pho
Wesselhoff Rick W -- Transnation Title Insurance
Damfino Llc -- Transnation Title Ins Co
Wesselhoff Rick W $190,000 Transnation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hastings Martin Korth $459,910
Previous Owner Wesselhoff Rick W $152,000
Closed Wesselhoff Rick W $19,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2021 07/19/21 Sold $490,000 +8.9% $333 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $450,000 -- $306 / 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 $1,668 $42,165 -- --
2024 $1,589 $47,771 -- --
2023 $1,639 $36,260 $15,924 $20,336
2022 $1,589 $25,770 $10,127 $15,643
2021 $1,695 $26,117 $10,074 $16,043
2020 $1,695 $0 $0 $0
2019 $1,678 $0 $0 $0
2018 $1,602 $0 $0 $0
2017 $1,559 $0 $0 $0
2016 $1,538 $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: 526533

Arizona Regional Multiple Listing Service (ARMLS)

APN: 405-27-443