NOT LISTED FOR SALE

Estimated Value: $239,000 - $448,000

-- Bed
-- Bath
810 Sq Ft
$473/Sq Ft Est. Value

Last Sold December 11, 2024

Last sale price $400,000 $494 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,189/month

71 Days on Market

Highlights

  • Wood Flooring
  • Ceiling Fan
  • Heating unit installed on the ceiling
  • Cooling Available

About This Home

As of December 2024

This Duplex is the perfect rental investment home in the community of Youngtown. NO monthly HOA! These cozy 2 bedroom 1 bath, 1 car carport have plenty of storage. Includes a storage unit in the back yard and a fenced area. Located close to shopping, schools, and minutes form the Loop 303. Each Unit is also available to purchase individually.

Last Listed By

Danny Lopez

eXp Realty License #SA550783000 Listed on: 09/12/2024

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,203

Year Built

  • Built in 1972

Lot Details

  • 7,013

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking
  • On-Street Parking

Schools

  • Country Meadows Elementary School
  • Raymond S. Kellis High School

Utilities

  • Cooling Available
  • Multiple Heating Units
  • Heating unit installed on the ceiling

Additional Features

  • Ceiling Fan
  • Property fronts an alley

Listing and Financial Details

  • Tenant pays for trash collection, gas, electricity, water, sewer, cable TV
  • Tax Lot 88
  • Assessor Parcel Number 200-85-072-B

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7000
  • Youngtown Plat 5A Replatted Subdivision

Building Details

  • Operating Expense $1,923
  • Gross Income $31,920
  • Net Operating Income $30,186

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,203

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Cross Street: 111th Ave & Peoria Ave
  • Legal Info Range: 1E
  • Property Type: Multiple Dwellings
  • Zoning: R2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1972
  • Tax Year: 2023
  • Directions: From 111th Ave & Peoria Ave North to Nevada Ave - West to home
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt
  • Subdivision Name: YOUNGTOWN PLAT 5A REPLATTED
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl, Wood
  • Appliances: Washer/Dryer
  • Appliances Included:WasherDryer: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: See Remarks, Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Paved Parking, Street Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Ceiling Fan(s)
  • Heating: 2 or More Units, Electric, Ceiling
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private Franchise
  • Heating:Electric: Yes
  • Heating:Ceiling: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Furnished: Yes

Schools

  • Elementary School: Country Meadows Elementary School
  • High School: Raymond S. Kellis
  • Junior High Dist: Peoria Unified School District
  • Middle Or Junior School: Country Meadows Elementary School

Lot Info

  • Lot Size: 7000
  • Additional Parcels: No
  • Parcel #: 200-85-072-B

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Gas, Electricity, Water, Sewer, Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 31920.0
  • Insurance Expense: 720.0
  • Property Net Operating Income: 30186.0
  • Annual Operating Expense: 1923.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1203.0
  • Tax Book Number: 200.00
  • Tax Lot: 88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2024
Closed on
Dec 9, 2024
Sold by
Benitez Matt and Benitez Evangelina
Bought by
Ruiji Zhang Living Trust and Cass
Seller's Agent
Danny Lopez
eXp Realty
Buyer's Agent
Tiffany Pettit
W and Partners, LLC
List Price
$500,000
Sold Price
$400,000
Premium/Discount to List
-$100,000
-20%
Total Days on Market
71
Views
11
Current Estimated Value
$382,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,237
Avg. Annual Appreciation
-11.52%

Purchase Details

Closed on
Jul 16, 2014
Sold by
Chavez Walter D
Bought by
Benitez Matt and Benitez Evangelina

Purchase Details

Closed on
Nov 4, 2003
Sold by
Glenn David M
Bought by
Chavez Walter D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 1997
Sold by
Glenn David M and Glenn Mary A
Bought by
Glenn David M and Glenn Mary A

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
Ruiji Zhang Living Trust $400,000 Wfg National Title Insurance C
Ruiji Zhang Living Trust $400,000 Wfg National Title Insurance C
Benitez Matt $45,000 Lawyers Title Of Arizona Inc
Chavez Walter D $60,000 Capital Title Agency Inc
Glenn David M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chavez Walter D $40,500
Previous Owner Chavez Walter D $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2024 12/11/24 Sold $400,000 +102.5% $494 / Sq Ft
12/09/2024 12/09/24 Sold $197,500 -12.2% $244 / Sq Ft
11/22/2024 11/22/24 Pending -- -- --
11/04/2024 11/04/24 Price Changed $225,000 -50.5% $278 / Sq Ft
11/04/2024 11/04/24 Price Changed $455,000 -4.2% $562 / Sq Ft
10/15/2024 10/15/24 Price Changed $475,000 +102.1% $586 / Sq Ft
10/15/2024 10/15/24 Price Changed $235,000 -4.1% $290 / Sq Ft
09/13/2024 09/13/24 Price Changed $245,000 -50.5% $302 / Sq Ft
09/13/2024 09/13/24 Price Changed $495,000 -1.0% $611 / Sq Ft
09/12/2024 09/12/24 For Sale $500,000 +98.4% $617 / Sq Ft
08/16/2024 08/16/24 For Sale $252,000 -- $311 / 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 $640 $5,123 -- --
2024 $627 $4,879 -- --
2023 $627 $17,330 $3,460 $13,870
2022 $607 $13,380 $2,670 $10,710
2021 $618 $12,130 $2,420 $9,710
2020 $623 $10,220 $2,040 $8,180
2019 $613 $8,750 $1,750 $7,000
2018 $594 $6,300 $1,260 $5,040
2017 $585 $4,970 $990 $3,980
2016 $507 $4,470 $890 $3,580
2015 $528 $3,980 $790 $3,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6756306

Arizona Regional Multiple Listing Service (ARMLS)

APN: 200-85-072B