NOT LISTED FOR SALE

Estimated Value: $466,000 - $797,000

Studio
-- Bath
1,700 Sq Ft
$373/Sq Ft Est. Value

Last Sold April 14, 2022

Last sale price $700,000 $412 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $3,393/month

18 Days on Market

Highlights

  • Community Playground
  • Ceramic Tile Flooring
  • Individual Controls for Heating
  • Phoenix Coding Academy Rated A
  • Central Air

About This Home

As of April 2022

Great opportunity to own this delightful residence with 2 units in one of the hottest areas in Phoenix! Will be sold as a package with 4132 N 3rd. Located in Midtown which is a district that mixes historic buildings with hip & trending establishments! The upgraded interior boasts fresh paint, stylish wood-like tile flooring, & sizable living/dining areas. All new Low-E windows, new doors, brand new hot water heaters. Each unit is individually metered. Renovated kitchen showcases large shaker cabinets, lavish granite counters, & shimmering stainless steel appliances. Bedrooms enjoy abundant natural light, upgraded ceiling fans, & walk-in closets. Complete redone Upscale bathrooms. Did we talk about the location? Is close to numerous restaurants & shopping centers. Don't miss this one!

Last Agent to Sell the Property

Randall Micula

West USA Realty License #SA680722000 Listed on: 02/26/2022

West USA Realty

Last Buyer's Agent

David Friedberg

E & G Real Estate Services License #SA660958000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,112

Year Built

  • Built in 1950

Lot Details

  • 6,708

Home Design

  • Brick Exterior Construction
  • Composition Roof

Flooring

  • Ceramic Tile Flooring

Parking

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

Utilities

  • Central Air
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for trash collection, gas, electricity, water, sewer, cable TV
  • The owner pays for landscaping
  • Tax Lot 56
  • Assessor Parcel Number 155-32-056

Community Details

Overview

  • 2 Units
  • Building Dimensions are 6720 sq ft
  • Indian Park Subdivision

Recreation

  • Community Playground

Building Details

  • Operating Expense $1,412
  • Gross Income $35,640
  • Net Operating Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,112

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: Central Ave & Indian School Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R4
  • Number Of Buildings: 1
  • Year Built: 1950
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Subdivision Name: INDIAN PARK
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Brick Veneer, Brick
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Carport: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central A/C
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: Play Area

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Community Amenities:Play Area: Yes

Lot Info

  • Lot Size: 6720 sq ft
  • Additional Parcels: No
  • Parcel #: 155-32-056

Multi Family

  • Owner Pays: Landscaping
  • Tenant Pays: Trash Collection, Gas, Electricity, Water, Sewer, Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 35640.0
  • Property Net Operating Income: 36000.0
  • Annual Operating Expense: 1412.0
  • Vacancy Allowance Rate: 0.01

Tax Info

  • Tax Annual Amount: 1112.0
  • Tax Book Number: 155.00
  • Tax Lot: 56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2022
Closed on
Apr 13, 2022
Sold by
Mather Roberta L
Bought by
Treankler Erin and Campbell Robyn
Seller's Agent
Randall Micula
West USA Realty
Buyer's Agent
David Friedberg
E & G Real Estate Services
List Price
$725,000
Sold Price
$700,000
Premium/Discount to List
-$25,000
-3.45%
Current Estimated Value
$633,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$66,224
Avg. Annual Appreciation
-2.59%
Original Mortgage
$525,000
Outstanding Balance
$495,513
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$138,263

Purchase Details

Listed on
Sep 30, 2019
Closed on
Dec 20, 2019
Sold by
Poggi Edith E and The Edith E Poggi Revocbale Tr
Bought by
Mather Roberta
Seller's Agent
Kathleen Millar
Elite Partners
Buyer's Agent
Randall Micula
West USA Realty
List Price
$355,000
Sold Price
$356,000
Premium/Discount to List
$1,000
0.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.79%
Original Mortgage
$267,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1999
Sold by
Yule Larry
Bought by
Saville Scott and Saville Scott C

Purchase Details

Closed on
May 29, 1997
Sold by
L C Construction & Development Co
Bought by
Yule Larry
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
Treankler Erin $700,000 Stewart Title & Trust Of Phoen
Mather Roberta $356,000 Security Title Agency Inc
Saville Scott $288,000 Capital Title Agency
Yule Larry $436,894 Security Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Treankler Erin $525,000
Previous Owner Mather Roberta $267,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2022 04/14/22 Sold $700,000 -3.4% $412 / Sq Ft
02/25/2022 02/25/22 For Sale $725,000 +103.7% $426 / Sq Ft
01/29/2020 01/29/20 Sold $356,000 +0.3% $209 / Sq Ft View Prior Sale
01/10/2020 01/10/20 For Sale $355,000 0.0% $209 / Sq Ft
01/10/2020 01/10/20 Price Changed $355,000 0.0% $209 / Sq Ft
01/07/2020 01/07/20 For Sale $355,000 0.0% $209 / Sq Ft
01/07/2020 01/07/20 Price Changed $355,000 0.0% $209 / Sq Ft
09/30/2019 09/30/19 For Sale $355,000 -- $209 / 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 $1,178 $9,073 -- --
2024 $1,100 $8,641 -- --
2023 $1,100 $37,080 $7,410 $29,670
2022 $1,094 $30,680 $6,130 $24,550
2021 $1,112 $28,350 $5,670 $22,680
2020 $1,084 $23,200 $4,640 $18,560
2019 $1,037 $16,720 $3,340 $13,380
2018 $1,003 $13,370 $2,670 $10,700
2017 $921 $13,510 $2,700 $10,810
2016 $888 $10,030 $2,000 $8,030
2015 $826 $7,980 $1,590 $6,390
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6360795

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-32-056