NOT LISTED FOR SALE

Estimated Value: $349,000 - $617,000

Studio
-- Bath
1,600 Sq Ft
$325/Sq Ft Est. Value

Last Sold October 15, 2012

Last sale price $73,000 $46 Per Sq Ft

Est. 612% increase in value since last sale

Current estimated payment $2,771/month

42 Days on Market

Highlights

  • 6 Car Attached Garage
  • Cooling Available
  • Heating Available
  • Sunnyslope High School Rated A
  • Ceramic Tile Flooring

About This Home

As of October 2012

Great Investment Opportunity! 4- Plex in great north Phoenix location. Unit mix consist of 4bdrm/1bth, 2bdrm/1bth, 1bdrm/1bth, and 1bdrm/1bth. It needs some work but it has great potential of steady cash flow or you could fix it up and resale for profit.

Last Agent to Sell the Property

Armando Martinez

CTR Realty License #BR554215000 Listed on: 08/13/2012

Last Buyer's Agent

Evencio Cortez

Equity Realty Group, LLC License #SA527841000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $938

Year Built

  • Built in 1976

Lot Details

  • 7,013

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 6 Car Attached Garage
  • 6 Open Parking Spaces
  • Assigned Parking

Schools

  • Shaw Butte Elementary School
  • Mountain View - Waddell Middle School
  • Sunnyslope High School

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Community Details

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 7000
  • Foothills Acres Subdivision

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number 158-33-096-A

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$938

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Cross Street: 7TH AVE & DUNLUP
  • Property Type: Multiple Dwellings
  • Zoning: Residential
  • Number Of Buildings: 2
  • Year Built: 1976
  • Tax Year: 2011
  • Road Surface Type: Asphalt
  • Subdivision Name: FOOTHILLS ACRES
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, Assigned, Attached
  • Attached Garage: Yes
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Attached: Yes
  • Parking:Paved Parking: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Community Amenities:Other18: Yes
  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:See Remarks15: Yes

Schools

  • Elementary School: Shaw Butte School
  • High School: Sunnyslope High School
  • Middle Or Junior School: Mountain View - Waddell

Lot Info

  • Lot Size: 7000
  • Additional Parcels: No
  • Parcel #: 158-33-096-A

Multi Family

  • Owner Pays: Other, See Remarks
  • Tenant Pays: See Remarks
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 938.0
  • Tax Book Number: 158.00
  • Tax Lot: 57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2022
Sold by
Maria Correa Rosa
Bought by
Cortez Evencio
Current Estimated Value
$519,957

Purchase Details

Listed on
Aug 13, 2012
Closed on
Oct 10, 2012
Sold by
Orasoft Consulting Llc
Bought by
Correa Rosa Maria
Seller's Agent
Armando Martinez
CTR Realty
Buyer's Agent
Evencio Cortez
Equity Realty Group, LLC
List Price
$95,000
Sold Price
$73,000
Premium/Discount to List
-$22,000
-23.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.95%
Original Mortgage
$31,000
Interest Rate
3.58%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 16, 2011
Sold by
Sodhi Mandeep K
Bought by
Sodhi Suminder S

Purchase Details

Closed on
Jan 31, 2011
Sold by
Sodhi Suminder S
Bought by
Orasoft Consulting Llc

Purchase Details

Closed on
Sep 13, 2010
Sold by
Sodhi Mandeep K
Bought by
Sodhi Suminder S

Purchase Details

Closed on
Aug 23, 2010
Sold by
Federal National Mortgage Association
Bought by
Sodhi Suminder S

Purchase Details

Closed on
Mar 17, 2010
Sold by
Herb Jane and Christopher Herb F
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 3, 2007
Sold by
Herb Chris and Herb Jane
Bought by
Herb Family Homes Llc

Purchase Details

Closed on
Oct 9, 2006
Sold by
Herb Family Homes Llc
Bought by
Herb Christopher F and Herb Jane

Purchase Details

Closed on
Jul 1, 2005
Sold by
Herb Jane and Christopher Herb F
Bought by
Herb Family Homes Llc

Purchase Details

Closed on
Apr 8, 2005
Sold by
Gardner Michael J
Bought by
Herb Christopher and Herb Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,320
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2005
Sold by
Larson Nathaniel R and Larson Deborah M
Bought by
Gardner Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,320
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2001
Sold by
Sanchez Candelario Alfaro
Bought by
Larson Nathaniel R and Larson Deborah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
9.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 1999
Sold by
Cordova Teresa and Cordova Jorge Alberto
Bought by
Sanchez Candelario Alfaro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,150
Interest Rate
7.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 1997
Sold by
Favela Julio F and Favela Maria
Bought by
Cordova Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,836
Interest Rate
7.96%
Mortgage Type
Assumption

Purchase Details

Closed on
Dec 6, 1995
Sold by
Rocha Vega Isidro and Rosales Juan Manuel
Bought by
Favela Julio Francisco and Favela Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,331
Interest Rate
7.18%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 12, 1994
Sold by
American Svgs Life Insurance Company
Bought by
Rocha Vega Isidro and Rosales Juan Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,800
Interest Rate
8.56%
Mortgage Type
Seller Take Back
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
Cortez Evencio -- None Listed On Document
Correa Rosa Maria $73,000 Grand Canyon Title Agency
Sodhi Suminder S -- Fidelity National Title
Orasoft Consulting Llc -- None Available
Sodhi Suminder S -- None Available
Sodhi Suminder S $55,125 None Available
Federal National Mortgage Association $293,922 First American Title
Herb Family Homes Llc -- None Available
Herb Christopher F -- The Talon Group Ocotillo
Herb Family Homes Llc -- --
Herb Christopher $227,900 Security Title Agency Inc
Gardner Michael J $227,900 Security Title Agency Inc
Larson Nathaniel R $141,900 Security Title Agency
Sanchez Candelario Alfaro $97,000 Land Title Agency
Cordova Teresa $62,500 Fidelity Title
Favela Julio Francisco $45,000 First American Title
Rocha Vega Isidro $39,800 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Correa Rosa Maria $31,000
Previous Owner Herb Christopher $182,320
Previous Owner Larson Nathaniel R $106,400
Previous Owner Sanchez Candelario Alfaro $92,150
Previous Owner Cordova Teresa $7,836
Previous Owner Favela Julio Francisco $4,331
Previous Owner Rocha Vega Isidro $37,800
Closed Larson Nathaniel R $35,500
Closed Herb Christopher $34,185
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2012 10/15/12 Sold $73,000 -23.2% $46 / Sq Ft
09/24/2012 09/24/12 Pending -- -- --
08/13/2012 08/13/12 For Sale $95,000 -- $59 / 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 $949 $7,466 -- --
2024 $897 $7,110 -- --
2023 $897 $36,930 $7,380 $29,550
2022 $867 $25,970 $5,190 $20,780
2021 $878 $21,800 $4,360 $17,440
2020 $857 $19,460 $3,890 $15,570
2019 $841 $16,130 $3,220 $12,910
2018 $819 $12,350 $2,470 $9,880
2017 $815 $11,570 $2,310 $9,260
2016 $800 $10,710 $2,140 $8,570
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4802874

Arizona Regional Multiple Listing Service (ARMLS)

APN: 158-33-096A