C
Seller's Agent in 2023
Christopher Adams
Realty Executives
Estimated Value: $116,000 - $229,000
Studio
--
Bath
1,632
Sq Ft
$109/Sq Ft
Est. Value
Highlights
- Community Barbecue Grill
- Central Air
- Heating System Uses Natural Gas
- Ceramic Tile Flooring
About This Home
As of June 2023Calling all investors! Here's your chance at a duplex that is vacant & ready for your tenants! Apartment A is a 3-bedroom / 2-bathroom and Apartment B is a 3-bedroom / 1-bathroom. Combined gross rents estimated at $2900/month. Very low taxes ($412 in 2022). Ample parking. Central AC. Separately metered for electrical and gas. Updated electrical panels. Stucco exterior. Cash or hard money preferred. Great Investment Opportunity!
Last Agent to Sell the Property
Christopher Adams
Realty Executives Brokerage Phone: 480-399-2007 License #SA672809000 Listed on: 06/12/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $412
Year Built
- Built in 1973
Lot Details
- 8,973
Home Design
- Composition Roof
- Block Exterior
- Stucco
Flooring
- Carpet
- Concrete
- Ceramic Tile
Parking
- Over 1 Space Per Unit
- Free Parking
- On-Street Parking
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Legal Lot and Block 1 / 75
- Assessor Parcel Number 405-03-491
Community Details
Overview
- 2 Units
- Building Dimensions are irr
- Cotton City Subdivision
Amenities
- Community Barbecue Grill
Building Details
- Operating Expense $412
- Gross Income $33,060
- Net Operating Income $33,060
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 3, 2025
Sold by
Westin Investment Llc
Bought by
Smith Michael D and Smith Natalia D
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,700
Outstanding Balance
$203,308
Interest Rate
6.19%
Mortgage Type
New Conventional
Estimated Equity
-$24,643
Purchase Details
Listed on
Jun 12, 2023
Closed on
Jun 27, 2023
Sold by
807 Holdings Llc
Bought by
Westin Investment Llc
Seller's Agent
Christopher Adams
Realty Executives
Buyer's Agent
Michael Smith
Barrett Real Estate
List Price
$195,000
Sold Price
$195,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.25%
Original Mortgage
$191,250
Interest Rate
6.35%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 22, 2015
Sold by
Donko Properties Llc
Bought by
Deda Enterprises Employee Profit Sharing
Purchase Details
Closed on
Jan 24, 2007
Sold by
Werner Andrew
Bought by
Donko Properties Llc
Purchase Details
Closed on
Jul 25, 2006
Sold by
Werner Jaimie
Bought by
Werner Andrew
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 17, 2006
Sold by
Tri Valley Investors Llc
Bought by
Werner Andrew
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 14, 2006
Sold by
Oakley Michelle M and Thornton Claude E
Bought by
Tri Valley Investors
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Smith Michael D | -- | Mortgage Information Services | |
| Westin Investment Llc | $195,000 | Magnus Title Agency | |
| 807 Holdings Llc | $125,000 | Magnus Title Agency | |
| Deda Enterprises Employee Profit Sharing | $75,000 | None Available | |
| Donko Properties Llc | -- | Fidelity National Title | |
| Werner Andrew | -- | Title Security Agency Of Pin | |
| Werner Andrew | $73,000 | Title Security Agency Of Pin | |
| Tri Valley Investors | $53,194 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Michael D | $203,700 | |
| Previous Owner | Westin Investment Llc | $191,250 | |
| Previous Owner | Werner Andrew | $90,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/27/2023 06/27/23 | Sold | $195,000 | 0.0% | $119 / Sq Ft |
| 06/14/2023 06/14/23 | Pending | -- | -- | -- |
| 06/13/2023 06/13/23 | For Sale | $195,000 | -- | $119 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $417 | $4,928 | -- | -- |
| 2024 | $420 | $7,936 | -- | -- |
| 2023 | $420 | $3,662 | $0 | $0 |
| 2022 | $412 | $2,740 | $500 | $2,240 |
| 2021 | $427 | $2,573 | $0 | $0 |
| 2020 | $407 | $2,394 | $0 | $0 |
| 2019 | $388 | $2,089 | $0 | $0 |
| 2018 | $388 | $2,058 | $0 | $0 |
| 2017 | $357 | $1,822 | $0 | $0 |
| 2016 | $378 | $1,836 | $500 | $1,336 |
| 2014 | -- | $2,860 | $500 | $2,360 |
Source: Public Records
Agents Affiliated with this Home
-
-
Michael Smith
Buyer's Agent in 2023
Michael Smith
Barrett Real Estate
(480) 694-2564
4 in this area
183 Total Sales
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6568134
APN: 405-03-491
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.
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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