NOT LISTED FOR SALE

Estimated Value: $392,000 - $523,000

6 Beds
12 Baths
6,200 Sq Ft
$76/Sq Ft Est. Value

Last Sold August 16, 2013

Last sale price $115,000 $19 Per Sq Ft

Est. 312% increase in value since last sale

Current estimated payment $2,558/month

18 Days on Market

Highlights

  • Cooling Available
  • Heating Available
  • 3-minute walk to Norton Park
  • Sunnyslope High School Rated A

About This Home

As of August 2013

This Tri-plex is an investors dream that is for sale in central Phoenix. Each unit has 2 bedrooms and 1 bathroom with 620sf. Large tree in the front with a grassy area. All units have private rear yard.

Last Agent to Sell the Property

Bret Bowdish

Arizona Executives License #BR029916000 Listed on: 06/10/2013

Co-Listed By

Dain Jeffery

Arizona Premier Realty Homes & Land, LLC License #BR023367000

Last Buyer's Agent

Jeremiah Wilford

HomeSmart License #SA639180000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $640

Year Built

  • Built in 1954

Lot Details

  • 10,454

Home Design

  • Wood Frame Construction
  • Composition Roof

Parking

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

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 159-34-161-A

Community Details

Overview

  • 3 Units
  • Building Dimensions are 10454

Building Details

  • Operating Expense $640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$640

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Cross Street: 12th Street & Dunlap
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Residential
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1954
  • Tax Year: 2012
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: arex01
  • Co List Office Phone: 623-842-3322
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Other (See Remarks)
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Paved Parking, 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:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other, See Remarks

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 10454
  • Additional Parcels: No
  • Parcel #: 159-34-161-A

Multi Family

  • Owner Pays: None
  • Tenant Pays: See Remarks
  • Number Of Units Total: 3
  • Annual Operating Expense: 639.62

Tax Info

  • Tax Annual Amount: 639.62
  • Tax Book Number: 159.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2013
Closed on
Jul 23, 2013
Sold by
Federal National Mortgage Association
Bought by
Bronston Steven
Seller's Agent
Bret Bowdish
Arizona Executives
Buyer's Agent
Jeremiah Wilford
HomeSmart
List Price
$117,000
Sold Price
$115,000
Premium/Discount to List
-$2,000
-1.71%
Current Estimated Value
$473,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,667
Avg. Annual Appreciation
12.12%
Original Mortgage
$112,293
Outstanding Balance
$82,882
Interest Rate
4.28%
Mortgage Type
New Conventional
Estimated Equity
$390,785

Purchase Details

Closed on
May 10, 2013
Sold by
Loehnis Daniel
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 27, 2010
Sold by
Life Is A Mission Llc
Bought by
Loehnis Daniel J

Purchase Details

Closed on
Apr 20, 2010
Sold by
Loehnis Daniel J
Bought by
Life Is A Mission Llc

Purchase Details

Closed on
Jul 27, 2007
Sold by
Loehnis Elizabeth A
Bought by
Loehnis Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2007
Sold by
Life Is A Mission Llc
Bought by
Loehnis Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2006
Sold by
Loehnis Daniel J
Bought by
Life Is A Mission Llc

Purchase Details

Closed on
Apr 26, 2001
Sold by
Life Is A Mission Llc
Bought by
Loehnis Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.92%

Purchase Details

Closed on
Sep 26, 1997
Sold by
Loehnis Daniel J
Bought by
Life Is A Mission Llc

Purchase Details

Closed on
Sep 3, 1997
Sold by
Johnson Richard K
Bought by
Loehnis Daniel
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
Bronston Steven -- None Available
Federal National Mortgage Association $212,351 First American Title
Loehnis Daniel J -- None Available
Life Is A Mission Llc -- None Available
Loehnis Daniel -- Dhi Title Of Arizona Inc
Loehnis Daniel -- Dhi Title Of Arizona Inc
Life Is A Mission Llc -- None Available
Loehnis Daniel -- Title Guaranty Agency
Life Is A Mission Llc -- --
Loehnis Daniel $46,150 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bronston Steven $112,293
Previous Owner Loehnis Daniel $165,000
Previous Owner Loehnis Daniel $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2013 08/16/13 Sold $115,000 -1.7% $19 / Sq Ft
06/28/2013 06/28/13 Pending -- -- --
06/10/2013 06/10/13 For Sale $117,000 -- $19 / 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 $991 $7,799 -- --
2024 $937 $7,428 -- --
2023 $937 $31,060 $6,210 $24,850
2022 $906 $22,120 $4,420 $17,700
2021 $918 $19,200 $3,840 $15,360
2020 $895 $16,820 $3,360 $13,460
2019 $878 $14,350 $2,870 $11,480
2018 $855 $10,760 $2,150 $8,610
2017 $851 $9,520 $1,900 $7,620
2016 $836 $8,920 $1,780 $7,140
2015 $774 $7,520 $1,500 $6,020
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4950186

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-34-161A