NOT LISTED FOR SALE

Estimated Value: $432,000 - $576,000

-- Bed
-- Bath
1,637 Sq Ft
$300/Sq Ft Est. Value

Last Sold May 15, 2012

Last sale price $55,000 $34 Per Sq Ft

Est. 793% increase in value since last sale

Current estimated payment $2,679/month

14 Days on Market

Highlights

  • Central Air
  • Vinyl Flooring
  • 5-minute walk to Norton Park
  • Sunnyslope High School Rated A
  • Heating System Uses Natural Gas

About This Home

As of May 2012

Drive by only , duplex with a positive cash flow no HOA fully occupied month to month

Last Agent to Sell the Property

Robert Tompkins

Berkshire Hathaway HomeServices Arizona Properties License #BR514947000 Listed on: 04/16/2012

Berkshire Hathaway HomeServices Arizona Properties

Co-Listed By

Marilyn Arnold

Berkshire Hathaway HomeServices Arizona Properties License #SA526772000

Last Buyer's Agent

David Benton

AXIS Real Estate License #SA578109000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $792

Year Built

  • Built in 1959

Lot Details

  • 7,623

Home Design

  • Composition Roof
  • Concrete Roof
  • Block Exterior

Flooring

  • Vinyl Flooring

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking

Schools

  • Sunnyslope Elementary School
  • Sunnyslope High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water
  • Tax Lot 25
  • Assessor Parcel Number 159-35-064

Community Details

Overview

  • 2 Units
  • Building Dimensions are 58 ft. wide 130ft. deep
  • Newdale Subdivision

Building Details

  • Operating Expense $3,192
  • Net Operating Income $3,912

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$792

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: 11th Street and Dunlap
  • Property Type: Multiple Dwellings
  • Zoning: R1-6
  • Number Of Buildings: 1
  • Year Built: 1959
  • Tax Year: 2011
  • Directions: North on 11th to Sunnyslope East or right to property ( Drive by only)
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: kwpr02
  • Co List Office Phone: 623-939-8900
  • Subdivision Name: Newdale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: 1 Space/Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C, Heat Pump
  • Heating: Heat Pump, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1200.0

Schools

  • Elementary School: Sunnyslope Elementary School
  • High School: Sunnyslope High School
  • Middle Or Junior School: Sunnyslope Elementary School

Lot Info

  • Lot Size: 58 ft. wide 130ft. deep
  • Additional Parcels: No
  • Parcel #: 159-35-064

Multi Family

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 2
  • Insurance Expense: 700.0
  • Maintenance Expense: 500.0
  • Property Net Operating Income: 3912.0
  • Annual Operating Expense: 3191.72

Tax Info

  • Tax Annual Amount: 791.72
  • Tax Book Number: 159.00
  • Tax Lot: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2012
Sold by
Asset Management Llc
Bought by
1131 Sunny Llc
Current Estimated Value
$490,981

Purchase Details

Listed on
Apr 16, 2012
Closed on
May 8, 2012
Sold by
Matherly Matt V
Bought by
Asset Management Llc
Seller's Agent
Robert Tompkins
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
David Benton
AXIS Real Estate
List Price
$60,000
Sold Price
$55,000
Premium/Discount to List
-$5,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.51%
Original Mortgage
$55,000
Interest Rate
3.85%
Mortgage Type
Unknown
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
1131 Sunny Llc $97,495 Fidelity National Title Agen
Asset Management Llc $55,000 Pioneer Title Agency Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2012 05/15/12 Sold $55,000 -8.3% $34 / Sq Ft
04/26/2012 04/26/12 Pending -- -- --
04/12/2012 04/12/12 For Sale $60,000 -- $37 / 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 $906 $7,406 -- --
2024 $834 $7,053 -- --
2023 $834 $28,900 $5,780 $23,120
2022 $805 $20,180 $4,030 $16,150
2021 $821 $17,370 $3,470 $13,900
2020 $799 $15,250 $3,050 $12,200
2019 $785 $13,160 $2,630 $10,530
2018 $763 $10,060 $2,010 $8,050
2017 $760 $8,820 $1,760 $7,060
2016 $747 $8,080 $1,610 $6,470
2015 $692 $6,910 $1,380 $5,530
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4745213

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-35-064