Seller's Agent in 2021
Keith Grayson
Grayson Real Estate
(602) 418-0350
5 in this area
36 Total Sales
Estimated Value: $378,000 - $566,239
4
Beds
1
Bath
874
Sq Ft
$544/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Multiple cooling system units
- Central Heating and Cooling System
- Phoenix Coding Academy Rated A
About This Home
As of September 2021This triplex is 100% occupied with gross rents at a whopping $3,925 per month or $47,100 per year. It is located in an extremely high demand area next to the Phoenix Country Club. Unit 1 is a 2 bedroom 1 bathroom home that has been recently remodeled in a farmhouse style with shaker cabinets, vinyl wood flooring, subway tile in the bathroom, fresh exterior paint, and a newer roof and HVAC. This unit is leased at $1,700 per month with the tenant paying electric. The rear units are a mix of 1 bedroom and a studio with new roofs, new HVAC, updated windows, tiled interiors, and private courtyards. Unit 2 is leased at $1,000 per month plus $150 for utilities with a 1 year lease. Unit 3 is leased at $950 per month plus $125 for utilities with a 1 year lease.
Last Agent to Sell the Property
Grayson Real Estate License #BR636932000 Listed on: 04/22/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,393
Year Built
- Built in 1917
Lot Details
- 6,752
Home Design
- Wood Frame Construction
- Composition Roof
Flooring
- Wood
- Carpet
- Ceramic Tile
Parking
- 3 Open Parking Spaces
- 4 Parking Spaces
- 1 Covered Space
- Common or Shared Parking
Schools
- Longview Elementary School
- Osborn Middle School
- North High School
Utilities
- Multiple cooling system units
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- Multiple Heating Units
- Heat Pump System
- Individual Controls for Heating
- Window Unit Heating System
- Master Water Meter
Listing and Financial Details
- Tenant pays for electricity, landscaping
- The owner pays for gas, trash collection, water, sewer
- Legal Lot and Block 11 / 4
- Assessor Parcel Number 118-05-081
Community Details
Overview
- 3 Buildings
- 3 Units
- Building Dimensions are 49 x 134
- Stacy Tract Subdivision
Building Details
- Operating Expense $5,893
- Gross Income $47,100
- Net Operating Income $42,107
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 22, 2021
Closed on
Sep 2, 2021
Sold by
Eco Properties Llc
Bought by
Jain Rajiv and Jain Mamta
Seller's Agent
Keith Grayson
Grayson Real Estate
Buyer's Agent
Daniel Wang
My Home Group Real Estate
List Price
$595,000
Sold Price
$550,000
Premium/Discount to List
-$45,000
-7.56%
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
-$74,440
Avg. Annual Appreciation
-3.30%
Original Mortgage
$275,000
Outstanding Balance
$250,230
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$225,330
Purchase Details
Closed on
Mar 4, 2021
Sold by
Hardways Llc
Bought by
Eco Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
2.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 20, 2016
Sold by
Sol Funding Llc
Bought by
Hardways Llc
Purchase Details
Listed on
Oct 23, 2014
Closed on
Dec 12, 2014
Sold by
Duhancik Teresa
Bought by
Sol Funding Llc
Seller's Agent
William Rodriguez
Keller Williams Arizona Realty
Buyer's Agent
Ashley DeWitt
HomeSmart
List Price
$139,000
Sold Price
$120,000
Premium/Discount to List
-$19,000
-13.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.25%
Original Mortgage
$90,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 6, 2010
Sold by
Duhancik Teresa
Bought by
Gretel Family Properties
Purchase Details
Closed on
May 27, 2010
Sold by
Fannie Mae
Bought by
Duhancik Teresa A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,750
Interest Rate
5.03%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 22, 2010
Sold by
Lopez Eduardo J
Bought by
One West Bank Fsb
Purchase Details
Closed on
Jan 21, 2010
Sold by
Onewest Bank Fsb
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Nov 5, 2004
Sold by
Hayden Stuart M and Hayden Sandra M
Bought by
Lopez Eduardo Jaime
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
2%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Oct 2, 2002
Sold by
Angel Properties Llc
Bought by
Hayden Stuart M and Hayden Sandra M
Purchase Details
Closed on
Jan 21, 1998
Sold by
Lint John C and Lint Treva E
Bought by
Angel Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
7.05%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jain Rajiv | $550,000 | Dhi Title Agency | |
| Eco Properties Llc | $325,000 | Fidelity Natl Ttl Agcy Inc | |
| Hardways Llc | -- | None Available | |
| Sol Funding Llc | $120,000 | Fidelity Natl Title Agency I | |
| Duhancik Teresa | -- | Fidelity Natl Title Agency | |
| Duhancik Teresa | -- | Fidelity Natl Title Agency | |
| Gretel Family Properties | -- | None Available | |
| Duhancik Teresa A | $41,000 | Stewart Title & Trust Of Pho | |
| One West Bank Fsb | $137,701 | Accommodation | |
| Federal National Mortgage Association | -- | Accommodation | |
| Lopez Eduardo Jaime | $150,000 | Lawyers Title Ins | |
| Hayden Stuart M | -- | -- | |
| Angel Properties Llc | $80,000 | North American Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jain Rajiv | $275,000 | |
| Previous Owner | Eco Properties Llc | $359,000 | |
| Previous Owner | Sol Funding Llc | $90,000 | |
| Previous Owner | Duhancik Teresa A | $30,750 | |
| Previous Owner | Lopez Eduardo Jaime | $120,000 | |
| Previous Owner | Angel Properties Llc | $74,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/07/2021 09/07/21 | Sold | $550,000 | 0.0% | $629 / Sq Ft | |
| 09/01/2021 09/01/21 | Price Changed | $549,900 | 0.0% | $629 / Sq Ft | |
| 08/02/2021 08/02/21 | Pending | -- | -- | -- | |
| 07/21/2021 07/21/21 | Price Changed | $549,900 | -4.4% | $629 / Sq Ft | |
| 07/05/2021 07/05/21 | Price Changed | $575,000 | -3.4% | $658 / Sq Ft | |
| 06/14/2021 06/14/21 | For Sale | $595,000 | +8.2% | $681 / Sq Ft | |
| 05/14/2021 05/14/21 | Off Market | $550,000 | -- | -- | |
| 04/22/2021 04/22/21 | For Sale | $650,000 | +441.7% | $744 / Sq Ft | |
| 12/12/2014 12/12/14 | Sold | $120,000 | -10.4% | $102 / Sq Ft | View Prior Sale |
| 12/08/2014 12/08/14 | Pending | -- | -- | -- | |
| 11/18/2014 11/18/14 | Price Changed | $134,000 | -3.6% | $114 / Sq Ft | |
| 10/23/2014 10/23/14 | For Sale | $139,000 | -- | $119 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,514 | $11,657 | -- | -- |
| 2024 | $1,413 | $11,102 | -- | -- |
| 2023 | $1,413 | $30,500 | $6,100 | $24,400 |
| 2022 | $1,405 | $23,360 | $4,670 | $18,690 |
| 2021 | $1,429 | $18,870 | $3,770 | $15,100 |
| 2020 | $1,393 | $16,920 | $3,380 | $13,540 |
| 2019 | $1,333 | $14,600 | $2,920 | $11,680 |
| 2018 | $1,289 | $13,930 | $2,780 | $11,150 |
| 2017 | $1,183 | $10,520 | $2,100 | $8,420 |
| 2016 | $619 | $8,460 | $1,690 | $6,770 |
| 2015 | $575 | $6,650 | $1,330 | $5,320 |
Source: Public Records
Agents Affiliated with this Home
-
Keith Grayson
-
Daniel Wang
Buyer's Agent in 2021
Daniel Wang
My Home Group
(949) 296-5362
3 in this area
36 Total Sales
-
W
Seller's Agent in 2014
William Rodriguez
Keller Williams Arizona Realty
-
Ashley DeWitt
A
Buyer's Agent in 2014
Ashley DeWitt
HomeSmart
(623) 208-0518
51 Total Sales
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6225443
APN: 118-05-081
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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