NOT LISTED FOR SALE

Estimated Value: $440,000 - $534,000

Studio
-- Bath
2,056 Sq Ft
$239/Sq Ft Est. Value

Last Sold October 07, 2016

Last sale price $160,000 $78 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $2,680/month

27 Days on Market

Highlights

  • Cooling Available
  • Vinyl Flooring
  • 4-minute walk to Pequeño Park
  • Franklin at Brimhall Elementary School Rated A
  • Heating Available

About This Home

As of October 2016

Situated on a North/South Facing Lot Featuring Two 2 Bedroom Units, Each Unit Has Carpet & Linoleum in Kitchen, Ceiling Fans, and its Own Laundry Room, Backyard, and Carport for Parking

Last Agent to Sell the Property

Kenny Klaus

Keller Williams Integrity First License #SA515503000 Listed on: 08/16/2016

Co-Listed By

Korey Stewart

Keller Williams Integrity First License #BR555291000

Last Buyer's Agent

Nicholas Yale

Brokers Hub Realty, LLC License #BR517934000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,040

Year Built

  • Built in 1980

Lot Details

  • 7,100

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof

Flooring

  • Vinyl Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Common or Shared Parking

Schools

  • O'connor Elementary School
  • Shepherd Junior High School
  • Red Mountain High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • 2 Units
  • Building Dimensions are 7000
  • Greenfield Estates Subdivision

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 30
  • Assessor Parcel Number 140-15-042

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,040

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: University & Greenfield
  • Legal Info Range: 6E
  • Property Type: Multiple Dwellings
  • Zoning: Duplex
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1980
  • Tax Year: 2015
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1140.0
  • Co List Office Mls Id: kwif10
  • Co List Office Phone: 480-354-7344
  • Subdivision Name: GREENFIELD ESTATES
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Common
  • 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:Carport: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1860.0

Schools

  • Elementary School: O'Connor Elementary School
  • High School: Red Mountain High School
  • Junior High Dist: Mesa Unified District
  • Middle Or Junior School: Shepherd Junior High School

Lot Info

  • Lot Size: 7000
  • Additional Parcels: No
  • Parcel #: 140-15-042

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 2
  • Vacancy Allowance Rate: 240.0

Tax Info

  • Tax Annual Amount: 1040.0
  • Tax Book Number: 140.00
  • Tax Lot: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2017
Sold by
Horn Mitchell W Van
Bought by
Horn Mitchell W Van and The Van Horn Landing Trust
Current Estimated Value
$491,343

Purchase Details

Listed on
Aug 16, 2016
Closed on
Sep 28, 2016
Sold by
Nelson John Patrick and Nelson April Ann
Bought by
Van Horn Landing Revocable Living Trust
Seller's Agent
Kenny Klaus
Keller Williams Integrity First
Buyer's Agent
Nicholas Yale
Brokers Hub Realty, LLC
List Price
$164,900
Sold Price
$160,000
Premium/Discount to List
-$4,900
-2.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.90%

Purchase Details

Closed on
Mar 8, 2007
Sold by
Nelson John Patrick and Nelson April Ann
Bought by
Nelson John Patrick and Nelson April Ann

Purchase Details

Closed on
Jul 9, 2004
Sold by
Foresight Investment Group Llc
Bought by
Nelson John Patrick and Nelson April Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,925
Interest Rate
4.56%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 2, 2004
Sold by
Ross Ray H
Bought by
Foresight Investments Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,925
Interest Rate
4.56%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 29, 1994
Sold by
Macdowell Terry D
Bought by
Ross Ray H and Ross Mary O
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
Horn Mitchell W Van -- None Available
Van Horn Landing Revocable Living Trust $160,000 First American Title Ins Co
Nelson John Patrick -- None Available
Nelson John Patrick $159,900 Transnation Title
Foresight Investments Group Llc $115,000 Security Title Agency
Ross Ray H $87,800 North American Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nelson John Patrick $119,925
Previous Owner Foresight Investments Group Llc $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2016 10/07/16 Sold $160,000 -3.0% $78 / Sq Ft
08/16/2016 08/16/16 For Sale $164,900 -- $80 / 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 $1,328 $13,132 -- --
2024 $1,332 $12,507 -- --
2023 $1,332 $34,330 $6,860 $27,470
2022 $1,305 $26,020 $5,200 $20,820
2021 $1,315 $21,570 $4,310 $17,260
2020 $1,297 $19,710 $3,940 $15,770
2019 $1,214 $15,950 $3,190 $12,760
2018 $1,164 $15,400 $3,080 $12,320
2017 $1,129 $12,530 $2,500 $10,030
2016 $1,104 $11,660 $2,330 $9,330
2015 $1,040 $10,270 $2,050 $8,220
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5484670

Arizona Regional Multiple Listing Service (ARMLS)

APN: 140-15-042