$550,000
SOLD AUG 16, 2021
-- Bed
-- Bath
2,896 Sq Ft
0.25 Acres

Recently Sold

$190 Per Sq Ft

2% Above List Price

6 Days on Market

Highlights

  • Cooling Available
  • Carpet
  • Individual Controls for Heating
  • Washington High School Rated A-

About This Home

As of August 2021

Single level, block construction 4-plex w/ 2 bed - 1 bath. 2 of the 4 units have been completely updated w/o cutting any corners. This plex sits on a big lot that provided parking in the front, and a big parking lot in the back. The 2 updated units are being offered at $1,025. List of updates; Vinyl plank flooring - cabinets - hardware (light fixtures/door handles/faucets) - blinds - doors - bathrooms - water heater - S/S appliances & ceiling fans. Close to freeway access.

Last Agent to Sell the Property

Jay Culton

HomeSmart License #SA514819000 Listed on: 05/28/2021

HomeSmart

Last Buyer's Agent

Michael Bennett

ATLAS AZ, LLC License #SA692576000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,292

Year Built

  • Built in 1959

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Over 1 Space Per Unit

Schools

  • Washington Elementary School
  • Palo Verde Middle School
  • Glendale High School

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 20
  • Assessor Parcel Number 156-01-025-C

Community Details

Overview

  • 4 Units
  • Building Dimensions are Irregular
  • Krall's Homesites Subdivision

Building Details

  • Operating Expense $6,572

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,292

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: Glendale & 27th Ave
  • Property Type: Multiple Dwellings
  • Zoning: multi-family
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1959
  • Tax Year: 2020
  • Directions: South on 27th Ave. * East on Ocotillo * Property on the North side of the street.
  • Road Surface Type: Gravel, Dirt, Asphalt
  • Subdivision Name: KRALL'S HOMESITES
  • Tax Parcel Letter: C
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Built-In Range, Refrigerator
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features >1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Shutters2: Yes

Fee Information

  • Annual Water Sewer Expense: 4080.0

Schools

  • Elementary School: Washington Elementary School
  • High School: Glendale High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Palo Verde Middle School

Lot Info

  • Lot Size: Irregular
  • Additional Parcels: No
  • Parcel #: 156-01-025-C

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Insurance Expense: 1200.0
  • Annual Operating Expense: 6572.0

Tax Info

  • Tax Annual Amount: 1292.0
  • Tax Book Number: 156.00
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Aug 12, 2021
Sold by
Cribbs Ian
Bought by
Ndtco
Seller's Agent
Jay Culton
HomeSmart
Buyer's Agent
Michael Bennett
ATLAS AZ, LLC
List Price
$539,900
Sold Price
$550,000
Premium/Discount to List
$10,100
1.87%
Total Days on Market
6
Current Estimated Value
$625,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,740
Avg. Annual Appreciation
2.68%
Original Mortgage
$222,800
Outstanding Balance
$173,786
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$437,052

Purchase Details

Listed on
Mar 6, 2020
Closed on
Jun 30, 2020
Sold by
Cribbs Brenda and Cribbs Ian
Bought by
Cribbs Ian and Cribbs Brenda
Seller's Agent
Jason Mendoza
My Rental Superstore
Buyer's Agent
Penny Parker
Keller Williams Arizona Realty
List Price
$359,000
Sold Price
$340,000
Premium/Discount to List
-$19,000
-5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.06%
Original Mortgage
$255,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 6, 2020
Closed on
Jun 26, 2020
Sold by
Navarrete Maria Sandra
Bought by
Cribbs Ian
Seller's Agent
Jason Mendoza
My Rental Superstore
Buyer's Agent
Penny Parker
Keller Williams Arizona Realty
List Price
$359,000
Sold Price
$340,000
Premium/Discount to List
-$19,000
-5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 27, 2015
Closed on
Jun 24, 2015
Sold by
Navarrete Larry and Navarrete Maria Sandra
Bought by
Navarrete Maria Sandra
Seller's Agent
Daniel Shenkman
Keller Williams Realty Phoenix
Buyer's Agent
Daniel Shenkman
Keller Williams Realty Phoenix
List Price
$164,900
Sold Price
$156,000
Premium/Discount to List
-$8,900
-5.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.79%
Original Mortgage
$109,200
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2014
Sold by
1055 N Recker Unit 1232 Llc
Bought by
2512 W Ocotillo Llc

Purchase Details

Listed on
Jul 3, 2014
Closed on
Aug 27, 2014
Sold by
Nguyen Tam
Bought by
Mall Kaushal
Seller's Agent
Nga Gibson
West USA Realty
Buyer's Agent
Daniel Shenkman
Keller Williams Realty Phoenix
List Price
$139,900
Sold Price
$139,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.45%
Original Mortgage
$97,930
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2009
Sold by
Pham Julie Khanh Kim Thi
Bought by
Nguyen Tam

Purchase Details

Closed on
Aug 7, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Khanh Julie and Pham Kim Thi

Purchase Details

Closed on
Jun 1, 2009
Sold by
Rodriguez Rigoberto
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jan 17, 2007
Sold by
Valdovinos Bolivar and Gallegos Elvira Moras
Bought by
Rodriguez Rigoberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
6.19%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 11, 2006
Sold by
Rodriguez Patricia J
Bought by
Rodriguez Rigoberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
6.19%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 23, 2004
Sold by
Vega Francisco A
Bought by
Valdovinos Bolivar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,400
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2000
Sold by
Navas Edwin A
Bought by
Vega Francisco A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,107
Interest Rate
8.18%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 15, 1994
Sold by
Deciutiis Ernest and Deciutiis Laura
Bought by
Navas Edwin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,301
Interest Rate
8.9%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 10, 1994
Sold by
Stephenson James P and Stephenson Elizabeth A
Bought by
Deciutiis Ernest and Deciutiis Laura
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $550,000 First Integrity Ttl Agcy Of
Interfamily Deed Transfer -- Valleywide Title Agency
Warranty Deed $340,000 Valleywide Title Agency
Interfamily Deed Transfer -- First Arizona Title Agency
Warranty Deed $156,000 First Arizona Title Agency
Special Warranty Deed -- None Available
Special Warranty Deed -- None Available
Warranty Deed $139,900 First American Title Ins Co
Cash Sale Deed $70,000 American Title Service Agenc
Cash Sale Deed $70,000 Great American Title Agency
Trustee Deed $81,000 Servicelink
Warranty Deed $325,000 Capital Title Agency Inc
Interfamily Deed Transfer -- Capital Title Agency Inc
Warranty Deed $203,000 Fidelity National Title
Warranty Deed $133,000 Capital Title Agency
Warranty Deed $78,000 Fidelity Title
Cash Sale Deed $70,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $222,800 New Conventional
Previous Owner $255,000 New Conventional
Previous Owner $109,200 New Conventional
Previous Owner $97,930 New Conventional
Previous Owner $48,750 Stand Alone Second
Previous Owner $260,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $162,400 Purchase Money Mortgage
Previous Owner $132,107 FHA
Previous Owner $77,301 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2021 08/16/21 Sold $550,000 +1.9% $190 / Sq Ft
07/13/2021 07/13/21 Price Changed $539,900 0.0% $186 / Sq Ft
06/03/2021 06/03/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $539,900 +58.8% $186 / Sq Ft
06/30/2020 06/30/20 Sold $340,000 -4.2% $117 / Sq Ft
05/22/2020 05/22/20 Pending -- -- --
05/22/2020 05/22/20 Price Changed $355,000 0.0% $123 / Sq Ft
05/20/2020 05/20/20 Pending -- -- --
05/12/2020 05/12/20 Price Changed $355,000 -1.1% $123 / Sq Ft
03/30/2020 03/30/20 For Sale $359,000 0.0% $124 / Sq Ft
03/13/2020 03/13/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $359,000 +130.1% $124 / Sq Ft
06/26/2015 06/26/15 Sold $156,000 -5.4% $54 / Sq Ft
05/03/2015 05/03/15 Pending -- -- --
04/27/2015 04/27/15 For Sale $164,900 +17.9% $57 / Sq Ft
09/03/2014 09/03/14 Sold $139,900 0.0% $48 / Sq Ft
07/06/2014 07/06/14 Pending -- -- --
07/01/2014 07/01/14 For Sale $139,900 -- $48 / 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 $1,377 $11,263 -- --
2024 $1,352 $10,726 -- --
2023 $1,352 $38,520 $7,700 $30,820
2022 $1,308 $29,610 $5,920 $23,690
2021 $1,325 $26,370 $5,270 $21,100
2020 $1,292 $22,200 $4,440 $17,760
2019 $1,268 $18,380 $3,670 $14,710
2018 $1,235 $14,980 $2,990 $11,990
2017 $1,229 $14,710 $2,940 $11,770
2016 $1,207 $12,280 $2,450 $9,830
2015 $1,117 $10,660 $2,130 $8,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6242898

Arizona Regional Multiple Listing Service (ARMLS)

APN: 156-01-025C