NOT LISTED FOR SALE

Casa Grande, AZ 85122

Estimated Value: $284,588 - $450,000

-- Bed
4 Baths
750 Sq Ft
$486/Sq Ft Est. Value

Last Sold April 30, 2013

Last sale price $113,000 $151 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $2,034/month

25 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System

About This Home

As of April 2013

4 plex Two new A/C units. Roof re-Rolled. New paint inside and out.
Fully Rented. (4) Two Bedroom 1 bath units Rents are 400,450,475,475
Tenants pay WATER and ELECTRIC.
4 storage units one for each apartment

Last Agent to Sell the Property

Peter Ellefson

EPL Realty Group, LLC License #BR528982000 Listed on: 03/03/2013

Last Buyer's Agent

Tai Nguy

Prestige Realty License #SA518647000

Prestige Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,929

Year Built

  • Built in 1981

Lot Details

  • 7,057

Home Design

  • Wood Frame Construction
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Free Parking

Schools

  • Casa Grande Middle School
  • Casa Grande Union High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electricity, water, cable TV, landscaping
  • The owner pays for trash collection, sewer
  • Legal Lot and Block 17 / 387
  • Assessor Parcel Number 505-05-057-5

Community Details

Overview

  • 4 Units
  • Building Dimensions are 72x98
  • Grande Rho Condos Subdivision

Building Details

  • Gross Income $19,440
  • Net Operating Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,929

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Cross Street: Rodeo & Trekell Directions: N on Trekell to Rodeo.
  • Legal Info Range: 35
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 1
  • Year Built: 1981
  • Tax Year: 2012
  • Directions: Rodeo & Trekell Directions: N on Trekell to Rodeo. Head East to Amarillo. Go North to property
  • Road Surface Type: Asphalt
  • Subdivision Name: Grande Rho Condos
  • Tax Parcel Letter: 5
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Stucco, Frame - Wood
  • Roof: Rolled/Hot Mop
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Free
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Free: Yes

Utilities

  • Electric: Individual Meter
  • Cooling: Heat Pump
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Community Amenities:Other18: Yes
  • Community Amenities:See Remarks15: Yes

Fee Information

  • Trash Expense: 500.0
  • Annual Water Sewer Expense: 700.0

Schools

  • Elementary School: Casa Grande Middle School
  • High School: Casa Grande Union High School
  • Middle Or Junior School: Casa Grande Middle School

Lot Info

  • Lot Size: 72x98
  • Additional Parcels: No
  • Parcel #: 505-05-057-5

Multi Family

  • Owner Pays: Trash Collection, Sewer
  • Tenant Pays: Electricity, Water, Cable TV, Landscaping
  • Number Of Units Total: 4
  • Annual Gross Income: 19440.0
  • Insurance Expense: 1000.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 21600.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 1929.0
  • Tax Block: 387
  • Tax Book Number: 505.00
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2024
Sold by
Luong Yiv and Luong Chantha
Bought by
Cy Luong Trust and Luong
Current Estimated Value
$364,196

Purchase Details

Listed on
Mar 3, 2013
Closed on
Apr 2, 2013
Sold by
2431 N Amarillo St Casa Grande Llc
Bought by
Luong Yiv and Luong Chantha
Seller's Agent
Peter Ellefson
EPL Realty Group, LLC
Buyer's Agent
Tai Nguy
Prestige Realty
List Price
$118,000
Sold Price
$113,000
Premium/Discount to List
-$5,000
-4.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.82%
Original Mortgage
$78,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2012
Sold by
Glas Mike
Bought by
756 S Palo Verde Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2012
Sold by
Bank Of America Na
Bought by
Glas Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2012
Sold by
Glas Brenda Sue
Bought by
Glas Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2002
Sold by
Fkn Group
Bought by
Felipe Joseph and Felipe Arlene Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 1999
Sold by
F K N Partnership
Bought by
Kinser Cecil L and Kinser Charlene C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,600
Interest Rate
6.33%
Source: Public Records

Range of Values:

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Average Value
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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
Cy Luong Trust -- None Listed On Document
Luong Yiv $113,000 Lawyers Title Of Arizona Inc
756 S Palo Verde Llc -- None Available
Glas Mike $82,000 Guaranty Title Agency
Glas Mike -- Guaranty Title Agency
Felipe Joseph $135,000 Transnation Title Insurance
Kinser Cecil L -- Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Luong Yiv $78,750
Previous Owner Glas Mike $82,000
Previous Owner Felipe Joseph $121,500
Previous Owner Kinser Cecil L $76,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2013 04/30/13 Sold $113,000 -4.2% $151 / Sq Ft
03/28/2013 03/28/13 Pending -- -- --
03/03/2013 03/03/13 For Sale $118,000 -- $157 / 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 $1,303 $19,880 -- --
2024 $1,308 $19,974 -- --
2023 $1,329 $14,341 $4,933 $9,408
2022 $1,308 $11,996 $4,933 $7,063
2021 $1,370 $12,106 $0 $0
2020 $1,300 $9,269 $0 $0
2019 $1,238 $9,176 $0 $0
2018 $1,227 $8,125 $0 $0
2017 $1,196 $7,812 $0 $0
2016 $1,153 $8,140 $1,501 $6,639
2014 $1,012 $6,578 $1,500 $5,078
Source: Public Records

Agents Affiliated with this Home

  • Peter Ellefson

    Seller's Agent in 2013

    Peter Ellefson

    EPL Realty Group, LLC

    (602) 434-2193

    28 Total Sales

    Peter Ellefson
    Section Image
  • Tai Nguy

    Buyer's Agent in 2013

    Tai Nguy

    Prestige Realty

    (480) 993-7566

    5 Total Sales

    Tai Nguy
    Section Image
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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4898680

Arizona Regional Multiple Listing Service (ARMLS)

APN: 505-05-057

Arizona Pinal County Casa Grande

85122

This home since 03 March 2013 and is currently estimated at $364,196, approximately $485 per square foot. This property was built in 1981. This home is a home located in Pinal County with nearby schools including Cholla Elementary School, Cactus Middle School, and Casa Grande Union High School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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