NOT LISTED FOR SALE

Estimated Value: $750,250

-- Bed
-- Bath
2,892 Sq Ft
$259/Sq Ft Est. Value

Last Sold August 07, 2018

Last sale price $440,000 $152 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,203/month

12 Days on Market

Highlights

  • Attached Garage
  • Central Air
  • Carpet
  • Oak Creek School Rated 9+
  • Ceiling Fan
  • Heating System Uses Propane

About This Home

As of August 2018

INCOME OPPORTUNITY IN CORNVILLE, HIGH PROFILE TRIPLEX LOCATION ON CORNVILLE ROAD, LONG-TERM TENANTS, INCLUDES ALL APPLIANCES, BRAND NEW ROOF ON TRIPLEX IN 2018! SHARED NATURAL WELL FOR WATER. TRIPLEX UNITS ARE 964 SQ FEET 2 BEDROOMS/1 BATH APARTMENTS WITH GARAGES, BUILT IN 1998. HOME ON 11335 CIRCLE DRIVE (PARCEL # 407-03-021B INCLUDED IN THIS LIST PRICE) IS 3 BEDROOMS/2 BATH MANUFACTURED HOME, BUILT IN 1997. CUTE, COZY, AND UPDATED. ALL UNITS GENERATE INVESTMENT INCOME W/100% OCCUPANCY. PROPERTIES COME WITH RV HOOK UPS THAT GENERATE MONTHLY INCOME, AND STORAGE UNITS.

Last Agent to Sell the Property

Heather Morgan

Covenant Realty & Consulting License #BR659757000 Listed on: 05/07/2018

Last Buyer's Agent

Duplicate Account

Citiea

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,627

Year Built

  • Built in 1998

Home Design

  • Composition Roof

Interior Spaces

  • Ceiling Fan
  • Carpet

Parking

  • Attached Garage
  • Automatic Garage Door Opener

Utilities

  • Central Air
  • Heating System Uses Propane
  • Shared Well
  • Septic Tank

Community Details

  • 2 Buildings
  • 4 Units
  • Under 5 Acres Subdivision

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 40703021a

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,627

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: RS-10
  • Number Of Buildings: 2
  • Year Built: 1998
  • Tax Year: 2017
  • Subdivision Name: Under 5 Acres
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Water Source Shared Well2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Appliances: Disposal, Dishwasher, Refrigerator
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Roof: Composition

Garage/Parking

  • Parking Features: Garage Door Opener, Attached
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features Auto Door Opener: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Propane
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Shared Well
  • Sewer Septic Tank: Yes
  • Heating:Propane: Yes

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes

Lot Info

  • Parcel #: 40703021a

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2627.0
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2018
Closed on
Aug 1, 2018
Sold by
Johnson Douglas L and Johnson Kristi L
Bought by
Houser Holdings Az Llc
Seller's Agent
Heather Morgan
Covenant Realty & Consulting
Buyer's Agent
Duplicate Account
Citiea
List Price
$449,000
Sold Price
$440,000
Premium/Discount to List
-$9,000
-2%
Current Estimated Value
$750,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,250
Avg. Annual Appreciation
7.59%

Purchase Details

Closed on
Feb 24, 2006
Sold by
Johnson Douglas L
Bought by
Johnson Douglas L and Johnson Kristi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2006
Sold by
Finch Karla A
Bought by
Johnson Douglas L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2001
Sold by
Finch Jesse and Finch Karla
Bought by
Circle Drive Llc

Purchase Details

Closed on
Oct 2, 2001
Sold by
Finch Jesse and Finch Karla
Bought by
Cornville Rd Llc

Purchase Details

Closed on
Apr 24, 2001
Sold by
Finch Karla
Bought by
Finch Karla and Finch Jesse
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Houser Holdings Az Llc $440,000 Empire West Title Agency Llc
Johnson Douglas L -- Arizona Title Agency Inc
Johnson Douglas L -- Arizona Title Agency Inc
Johnson Douglas L $425,000 Arizona Title Agency Inc
Circle Drive Llc -- --
Cornville Rd Llc -- --
Finch Karla -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Douglas L $318,750
Previous Owner Johnson Douglas L $318,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2018 08/07/18 Sold $440,000 -2.0% $152 / Sq Ft
05/19/2018 05/19/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $449,000 -- $155 / 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 $3,020 $55,730 -- --
2024 $2,914 $58,567 -- --
2023 $2,914 $41,993 $4,615 $37,378
2022 $2,865 $32,685 $3,615 $29,070
2021 $2,946 $31,652 $3,724 $27,928
2020 $2,894 $0 $0 $0
2019 $2,843 $0 $0 $0
2018 $2,739 $0 $0 $0
2017 $2,627 $0 $0 $0
2016 $2,556 $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: 516305

Arizona Regional Multiple Listing Service (ARMLS)

APN: 407-03-021A