NOT LISTED FOR SALE

Estimated Value: $825,901 - $903,000

-- Bed
4 Baths
800 Sq Ft
$1,087/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $586,000 $732 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,720/month

75 Days on Market

Highlights

  • Evaporated cooling system
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Lincoln Elementary School Rated A-

About This Home

As of July 2020

Great investment property in awesome location-close to downtown, schools, shopping, restaurants & hopsital. 3 out of 4 units remodeled. Each unit has sep utility meters for electricity & gas, 1 parking place and a storage unit in the rear. Roof replaced Sept 2010, building has storm gutters. Each unit has their own W&D hookup. All units are currently rented. No showings until we have accepted offer.

Last Agent to Sell the Property

Cody Anne Yarnes

Rent Right Management Solutions License #SA576662000 Listed on: 03/23/2020

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,460

Year Built

  • Built in 1980

Lot Details

  • 7,405

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Paved Parking

Schools

  • Out Of Maricopa Cnty Elementary And Middle School
  • Out Of Maricopa Cnty High School

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 21 / 8
  • Assessor Parcel Number 113-02-066

Community Details

Overview

  • 4 Units
  • Building Dimensions are 7405
  • Dameron Park Add Subdivision

Building Details

  • Operating Expense $1,460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,460

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Legal Info Range: 21
  • Property Type: Multiple Dwellings
  • Zoning: MF
  • Number Of Buildings: 1
  • Year Built: 1980
  • Tax Year: 2019
  • Directions: North on Montezuma, left on Navajo, N on 1st ST then west on Hillside. Propperty is on the right.
  • Road Surface Type: Asphalt
  • Subdivision Name: DAMERON PARK ADD
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Paved Parking
  • 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:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Evaporative Cooling
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Schools

  • Elementary School: Out of Maricopa Cnty
  • High School: Out of Maricopa Cnty
  • Middle Or Junior School: Out of Maricopa Cnty

Lot Info

  • Lot Size: 7405
  • Additional Parcels: No
  • Parcel #: 113-02-066

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 4
  • Annual Operating Expense: 1460.0

Tax Info

  • Tax Annual Amount: 1460.0
  • Tax Block: 8
  • Tax Book Number: 113.00
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2020
Closed on
Jul 20, 2020
Sold by
L & N Rentals Llc
Bought by
Turnlund Limited Partnership
Seller's Agent
Cody Anne Yarnes
Rent Right Management Solutions
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$599,900
Sold Price
$586,000
Premium/Discount to List
-$13,900
-2.32%
Current Estimated Value
$869,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,725
Avg. Annual Appreciation
7.86%

Purchase Details

Closed on
Nov 11, 2013
Sold by
Arbolino Nicholas S and Arbolino Lisa
Bought by
L & N Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2013
Sold by
Collins Patrick J and Collins Kimberly
Bought by
Arbolino Nicholas S and Arbolino Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2003
Sold by
Petrie William Joseph and Petrie Jean Faye
Bought by
Collins Patrick J and Collins Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,850
Interest Rate
5.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 1998
Sold by
Petrie William Joseph and Petrie Jean Faye
Bought by
Petrie William Joseph and Petrie Jean Faye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
6.9%

Purchase Details

Closed on
Jan 26, 1998
Sold by
Calchera John W
Bought by
Petrie William Joseph and Petrie Jean Faye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
6.9%
Source: Public Records

Range of Values:

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Average Value
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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
Turnlund Limited Partnership $586,000 Yavapai Title Agency Inc
L & N Rentals Llc -- None Available
Arbolino Nicholas S $220,000 Empire West Title Agency Pre
Collins Patrick J $222,360 Capital Title Agency
Petrie William Joseph -- Chicago Title Insurance Co
Petrie William Joseph $167,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arbolino Nicholas S $165,000
Previous Owner Collins Patrick J $177,850
Previous Owner Petrie William Joseph $134,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $586,000 -2.3% $733 / Sq Ft
06/06/2020 06/06/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $599,900 -- $750 / 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
2026 $1,475 $66,264 -- --
2024 $1,444 $63,164 -- --
2023 $1,444 $54,060 $6,726 $47,334
2022 $1,416 $43,857 $6,089 $37,768
2021 $1,476 $44,769 $5,060 $39,709
2020 $1,479 $0 $0 $0
2019 $1,460 $0 $0 $0
2018 $361 $0 $0 $0
2017 $1,343 $0 $0 $0
2016 $1,352 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6054994

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-02-066