NOT LISTED FOR SALE

Estimated Value: $331,949 - $408,000

Studio
-- Bath
1,008 Sq Ft
$367/Sq Ft Est. Value

Last Sold January 22, 2019

Last sale price $199,500 $198 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,969/month

Highlights

  • Multiple cooling system units
  • Ceramic Tile Flooring
  • Multiple Heating Units
  • Willis Junior High School Rated A-
  • Ceiling Fan

About This Home

As of January 2019

Drive by only!! Do not disturb tenants!! Interior viewed only after accepted contract and 48 hour notice! Good rental area. Duplex with 1/1 and 2/1

Last Agent to Sell the Property

Kelly Vickrey

Southwest Mountain Realty, LLC License #SA586011000 Listed on: 01/11/2019

Last Buyer's Agent

Kelly Vickrey

Southwest Mountain Realty, LLC License #SA586011000 Listed on: 01/11/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $548

Year Built

  • Built in 1961

Lot Details

  • 7,492

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Paved Parking

Schools

  • Galveston Elementary School
  • Willis Junior High School
  • Chandler High School

Utilities

  • Multiple cooling system units
  • Multiple Heating Units
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Legal Lot and Block 12 / 5
  • Assessor Parcel Number 302-66-080-B

Community Details

Overview

  • 2 Units
  • Building Dimensions are 60 x 125
  • Lundquist Manor Subdivision

Building Details

  • Operating Expense $2,856

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$548

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: Arizona Ave & Ray Rd
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: duplex
  • Number Of Buildings: 1
  • Year Built: 1961
  • Tax Year: 2018
  • Road Surface Type: Asphalt
  • Subdivision Name: LUNDQUIST MANOR
  • Tax Parcel Letter: B
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

  • Parking Features: Paved Parking, >1 Space Per Unit, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS
  • Cooling: 2 or More Units, Heat Pump, Electric, Ceiling Fan(s)
  • Heating: Heat Pump, 2 or More Units, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes
  • Heating:_two_ or More Units3: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1044.17

Schools

  • Elementary School: Galveston Elementary School
  • High School: Chandler High School
  • Middle Or Junior School: Willis Junior High School

Lot Info

  • Lot Size: 60 x 125
  • Additional Parcels: No
  • Parcel #: 302-66-080-B

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 2
  • Insurance Expense: 843.71
  • Annual Operating Expense: 2856.16

Tax Info

  • Tax Annual Amount: 548.28
  • Tax Block: 5
  • Tax Book Number: 302.00
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2020
Sold by
Molina Teodoro V and Molina Minnie D
Bought by
Molina Teodoro V and Molina Minnie D
Current Estimated Value
$369,487

Purchase Details

Listed on
Jan 11, 2019
Closed on
Jan 15, 2019
Sold by
Roadrunner Rental Properties Llc
Bought by
Molina Theodore and Molina Minnie
Seller's Agent
Kelly Vickrey
Southwest Mountain Realty, LLC
Buyer's Agent
Kelly Vickrey
Southwest Mountain Realty, LLC
List Price
$215,000
Sold Price
$199,500
Premium/Discount to List
-$15,500
-7.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.19%

Purchase Details

Closed on
Mar 10, 2006
Sold by
Vickrey Kelly and Baker Jean
Bought by
Roadrunner Rental Properties Llc

Purchase Details

Closed on
Sep 10, 2004
Sold by
Ruiz Mariateresa
Bought by
Vickrey Kelly L and Baker Jean L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2003
Sold by
Community Services Of Arizona
Bought by
Ruiz Mariateresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,400
Interest Rate
5.93%
Mortgage Type
New Conventional
Source: Public Records
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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
Molina Teodoro V -- None Available
Molina Theodore $199,500 Grand Canyon Title Agency
Roadrunner Rental Properties Llc -- None Available
Vickrey Kelly L $138,000 Security Title Agency
Ruiz Mariateresa $88,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vickrey Kelly L $110,400
Previous Owner Ruiz Mariateresa $70,400
Closed Vickrey Kelly L $20,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2019 01/22/19 Sold $199,500 -7.2% $198 / Sq Ft
01/11/2019 01/11/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $215,000 -- $213 / 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 $612 $6,547 -- --
2024 $591 $6,236 -- --
2023 $591 $25,500 $5,100 $20,400
2022 $572 $17,710 $3,540 $14,170
2021 $588 $15,880 $3,170 $12,710
2020 $585 $14,200 $2,840 $11,360
2019 $564 $10,880 $2,170 $8,710
2018 $548 $7,810 $1,560 $6,250
2017 $515 $7,120 $1,420 $5,700
2016 $498 $6,250 $1,250 $5,000
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5866297

Arizona Regional Multiple Listing Service (ARMLS)

APN: 302-66-080B