NOT LISTED FOR SALE

Estimated Value: $437,000 - $499,000

-- Bed
-- Bath
1,664 Sq Ft
$276/Sq Ft Est. Value

Last Sold December 31, 2020

Last sale price $317,000 $191 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,471/month

2 Days on Market

Highlights

  • RV or Boat Parking
  • Cooling Available
  • Central Heating
  • Phoenix Coding Academy Rated A
  • Ceramic Tile Flooring

About This Home

As of December 2020

Very clean and spacious units. Huge front and back yards.
Freshly painted in and out. New interior and exterior doors in both units. Walking closets.New 2 inch blinds in all windows. Unit # 1: New carpet in bedrooms to be install on 11/20. Tile in kitchen and living room. New vanity and faucet.
Unit #2: New laminate floors in every room. New vanity and faucet.
Outdoor laundry room in each unit.
Owner licensed agent in Arizona

Last Agent to Sell the Property

Martha Sinica

Dave Barber Realty, Inc. License #SA112907000 Listed on: 11/07/2020

Last Buyer's Agent

Laurie Johnson

Keller Williams Arizona Realty License #BR633363000

Keller Williams Arizona Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $658

Year Built

  • Built in 1971

Lot Details

  • 8,973

Home Design

  • Wood Frame Construction
  • Block Exterior
  • Siding
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 5 Open Parking Spaces
  • 7 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking
  • RV or Boat Parking

Schools

  • Creighton Elementary School

Utilities

  • Cooling Available
  • Central Heating
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for trash collection, electricity, water, sewer
  • Legal Lot and Block 94 / 2700
  • Assessor Parcel Number 121-77-045-D

Community Details

Overview

  • 2 Units
  • Building Dimensions are 8962
  • Del Rey Subdivision

Building Details

  • Operating Expense $1,353
  • Gross Income $19,200
  • Net Operating Income $17,850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$658

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: E Mc Dowell and 27th St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: residential
  • Number Of Buildings: 1
  • Year Built: 1971
  • Tax Year: 2020
  • Road Surface Type: Asphalt
  • Subdivision Name: DEL REY
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Other
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Siding, Painted, Stucco, Block, Frame - Wood
  • Roof: Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV/Boat Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 7.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 7.0
  • Parking:Carport: Yes
  • Exterior Amenities:RVBoat Parking: Yes
  • Parking:RVBoat Parking2: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Heat Pump
  • Heating: Central, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Creighton Elementary School

Lot Info

  • Lot Size: 8962
  • Additional Parcels: No
  • Parcel #: 121-77-045-D

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Electricity, Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 19200.0
  • Insurance Expense: 695.0
  • Property Net Operating Income: 17850.0
  • Annual Operating Expense: 1353.0

Tax Info

  • Tax Annual Amount: 658.0
  • Tax Block: 2700
  • Tax Book Number: 121.00
  • Tax Lot: 94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2020
Closed on
Dec 23, 2020
Sold by
Ed And Martha Sinica Family Trust and Sinica Ed
Bought by
Fink Deborah E
Seller's Agent
Martha Sinica
Dave Barber Realty, Inc.
Buyer's Agent
Laurie Johnson
Keller Williams Arizona Realty
List Price
$320,000
Sold Price
$317,000
Premium/Discount to List
-$3,000
-0.94%
Current Estimated Value
$458,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,457
Avg. Annual Appreciation
7.77%
Original Mortgage
$237,750
Outstanding Balance
$212,046
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$246,411

Purchase Details

Closed on
Mar 2, 2007
Sold by
Sinica Ed and Sinica Martha
Bought by
Sinica Ed and Sinica Martha

Purchase Details

Closed on
Nov 1, 1999
Sold by
Berkey B R and Berkey Jamie M
Bought by
Sinica Ed and Sinica Martha
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fink Deborah E $317,000 Landmark Title
Sinica Ed -- None Available
Sinica Ed $62,000 Security Title Agency
Sinica Ed $62,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fink Deborah E $237,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2020 12/31/20 Sold $317,000 -0.9% $191 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
11/07/2020 11/07/20 For Sale $320,000 -- $192 / 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 $720 $5,332 -- --
2024 $685 $5,078 -- --
2023 $685 $24,550 $4,910 $19,640
2022 $658 $17,350 $3,470 $13,880
2021 $674 $14,000 $2,800 $11,200
2020 $658 $11,880 $2,370 $9,510
2019 $653 $10,320 $2,060 $8,260
2018 $640 $9,230 $1,840 $7,390
2017 $615 $8,110 $1,620 $6,490
2016 $591 $6,260 $1,250 $5,010
2015 $550 $4,970 $990 $3,980
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6157734

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-77-045D