NOT LISTED FOR SALE

Phoenix, AZ 85006

Central City Neighborhood

Estimated Value: $311,000 - $367,000

Studio
1 Bath
689 Sq Ft
$495/Sq Ft Est. Value

Last Sold March 30, 2012

Last sale price $37,000 $54 Per Sq Ft

Est. 821% increase in value since last sale

Current estimated payment $1,879/month

64 Days on Market

Highlights

  • Wood Flooring
  • Evaporated cooling system
  • No Heating
  • Phoenix Coding Academy Rated A

About This Home

As of March 2012

Both homes have new flooring, recent paint, rear house has a new kitchen, front house has some new cabinets and new bathroom. Amazing opportunity to own two houses in one lot for such a low price with tenants in the units. Partial remodel on both houses. Two separate houses. front house has 3 rooms, largest rear room has no closet but the other room has two closets, living room, dining room, kitchen, utility room and one bathroom, Evap cooler only, no furnace, APS, SWG, Phoenix water. Separate meters for electric, gas and joined meter for water
Rear house has living room, kitchen, utility room, dining area, and one very large bedroom and a smaller rear room. Evap cooler only, no furnace

Last Agent to Sell the Property

Jorge Buckner-Rodas

DeLex Realty License #SA540155000 Listed on: 01/17/2012

DeLex Realty

Last Buyer's Agent

Denise Pruitt

Arizona Best Real Estate License #SA531758000

Arizona Best Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $488

Year Built

  • Built in 1935

Lot Details

  • 7,144

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Schools

  • Creighton Elementary School
  • Phoenix Prep Academy Middle School
  • North High School

Utilities

  • Evaporated cooling system
  • No Heating

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 11
  • Assessor Parcel Number 117-15-088

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 7141

Building Details

  • Operating Expense $488
  • Gross Income $15,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$488

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Cross Street: 16th Street and McDowell Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R1-6
  • Number Of Buildings: 2
  • Year Built: 1935
  • Tax Year: 2011
  • Road Surface Type: Asphalt
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl, Wood
  • Appliances Included:FS OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Other (See Remarks)
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: APS
  • Cooling: Evaporative Cooling
  • Heating: None
  • Cooling Y N: Yes
  • Heating Yn: No
  • Water Source: City Franchise
  • Heating:None29: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Other (See Remarks)51: Yes

Schools

  • Elementary School: Creighton Elementary School
  • High School: North High School
  • Middle Or Junior School: Phoenix Prep Academy

Lot Info

  • Lot Size: 7141
  • Additional Parcels: No
  • Parcel #: 117-15-088

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 2
  • Annual Gross Income: 15480.0
  • Annual Operating Expense: 488.0

Tax Info

  • Tax Annual Amount: 488.0
  • Tax Book Number: 117.00
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2012
Closed on
Mar 26, 2012
Sold by
Kester Kyle
Bought by
Fifi Llc
Seller's Agent
Jorge Buckner-Rodas
DeLex Realty
Buyer's Agent
Denise Pruitt
Arizona Best Real Estate
List Price
$42,000
Sold Price
$37,000
Premium/Discount to List
-$5,000
-11.9%
Current Estimated Value
$340,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,804
Avg. Annual Appreciation
17.48%

Purchase Details

Closed on
Jun 24, 2009
Sold by
U S Bank National Association
Bought by
Kester Kyle

Purchase Details

Closed on
Apr 28, 2009
Sold by
Cruze Juanita
Bought by
U S Bank National Association

Purchase Details

Closed on
Apr 3, 1997
Sold by
Rendleman Thomas Glynn and Rendleman Mitsuko
Bought by
Cruze Juanita

Purchase Details

Closed on
Dec 14, 1995
Sold by
Green Shield Properties Inc
Bought by
Rendleman Thomas Glynn and Rendleman Mitsuko

Purchase Details

Closed on
Jun 28, 1995
Sold by
Spiro Nick P
Bought by
Green Shield Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage
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
Fifi Llc $37,000 Lawyers Title Of Arizona Inc
Kester Kyle $16,001 Security Title Agency
U S Bank National Association $137,060 None Available
Cruze Juanita -- Fidelity National Title
Rendleman Thomas Glynn $24,000 --
Green Shield Properties Inc $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Green Shield Properties Inc $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2012 03/30/12 Sold $37,000 -11.9% $54 / Sq Ft
03/20/2012 03/20/12 Pending -- -- --
01/16/2012 01/16/12 For Sale $42,000 -- $61 / 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 $1,182 $8,754 -- --
2024 $1,125 $8,337 -- --
2023 $1,125 $24,920 $4,980 $19,940
2022 $1,081 $21,000 $4,200 $16,800
2021 $1,107 $18,250 $3,650 $14,600
2020 $1,080 $15,170 $3,030 $12,140
2019 $1,073 $12,630 $2,520 $10,110
2018 $1,050 $8,880 $1,770 $7,110
2017 $1,010 $7,900 $1,580 $6,320
2016 $545 $5,010 $1,000 $4,010
2015 $507 $4,650 $930 $3,720
Source: Public Records

Agents Affiliated with this Home

  • Jorge Buckner-Rodas

    Seller's Agent in 2012

    Jorge Buckner-Rodas

    DeLex Realty

    (626) 392-7955

    15 Total Sales

    Jorge Buckner-Rodas
    Section Image
  • Denise Pruitt

    Buyer's Agent in 2012

    Denise Pruitt

    Arizona Best Real Estate

    (480) 390-3350

    76 Total Sales

    Denise Pruitt
    Section Image
See All Agents

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4702900

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-15-088

Arizona Maricopa County Phoenix 85006

Central City

Not Listed for Sale

MultiFamily

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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