$750,000
SOLD DEC 16, 2024

11350 W Tennessee Ave Unit 5 Youngtown, AZ 85363

Youngtown Neighborhood
-- Bed
-- Bath
-- Sq Ft
5,750 Sq Ft Lot

Recently Sold

13% Below List Price

12 Days on Market

Highlights

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

About This Home

As of December 2024

Nicely renovated 4plex consisting of all 2bed/1bath units. Each unit has side by side washer and dryer hook ups for tenants along with balconies/patios for tenants. This investment opportunity offers stable income with very low expenses in a high growth submarket of Phoenix.

Last Agent to Sell the Property

Jackson Everhart

Orion Investment Real Estate License #SA689433000

Last Buyer's Agent

Monica Coker

HomeSmart License #SA641419000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,540

Year Built

  • Built in 1986

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Utilities

  • Cooling Available
  • Heating unit installed on the ceiling
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 5
  • Assessor Parcel Number 200-97-150

Community Details

Overview

  • 4 Units
  • Building Dimensions are 5768
  • Mountain View Gardens 2 Lot 1 11 Subdivision

Building Details

  • Operating Expense $9,340
  • Gross Income $71,700
  • Net Operating Income $62,360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,540

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: Grand Ave & 111th Ave
  • Legal Info Range: 1E
  • Property Type: Multiple Dwellings
  • Zoning: C-1
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2024
  • Directions: North to 111th, west on 111th to Tennessee.
  • Road Surface Type: Asphalt
  • Subdivision Name: MOUNTAIN VIEW GARDENS 2 LOT 1-11
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: BI Oven/Range, Microwave, W/D Hookup
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • 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:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Individual, Electric, Ceiling Fan(s)
  • Heating: Individual, Electric, Ceiling
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Ceiling: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 1000.0
  • Annual Water Sewer Expense: 2000.0

Schools

  • Junior High Dist: Peoria Unified School District

Lot Info

  • Lot Size: 5768
  • Additional Parcels: No
  • Parcel #: 200-97-150

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Electric Expense: 600.0
  • Annual Gross Income: 71700.0
  • Insurance Expense: 1800.0
  • Maintenance Expense: 2400.0
  • Property Net Operating Income: 62360.0
  • Annual Operating Expense: 9340.0

Tax Info

  • Tax Annual Amount: 1540.0
  • Tax Book Number: 200.00
  • Tax Lot: 5

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2024 12/16/24 Sold $750,000 -12.8% --
12/13/2024 12/13/24 Price Changed $860,000 0.0% --
12/13/2024 12/13/24 For Sale $860,000 0.0% --
10/25/2024 10/25/24 For Sale $860,000 +34.4% --
04/05/2024 04/05/24 Sold $640,000 -5.1% --
02/16/2024 02/16/24 Price Changed $674,500 -0.8% --
01/27/2024 01/27/24 Price Changed $679,999 -0.7% --
01/10/2024 01/10/24 For Sale $685,000 +8.7% --
06/03/2022 06/03/22 Sold $630,000 -9.4% --
03/17/2022 03/17/22 For Sale $695,000 +308.8% --
02/29/2016 02/29/16 Sold $170,000 -27.7% --
02/02/2016 02/02/16 Pending -- -- --
01/10/2016 01/10/16 For Sale $235,000 -- --
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 $1,540 $12,994 -- --
2024 $1,507 $12,376 -- --
2023 $1,507 $39,680 $7,930 $31,750
2022 $1,456 $27,030 $5,400 $21,630
2021 $1,489 $25,480 $5,090 $20,390
2020 $1,493 $25,130 $5,020 $20,110
2019 $1,456 $25,150 $5,030 $20,120
2018 $1,409 $19,330 $3,860 $15,470
2017 $1,393 $18,520 $3,700 $14,820
2016 $1,345 $15,970 $3,190 $12,780
2015 $1,258 $11,050 $2,210 $8,840
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $532,500 New Conventional
Previous Owner $515,000 New Conventional
Previous Owner $472,500 New Conventional
Previous Owner $122,500 New Conventional
Previous Owner $122,500 Unknown
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Special Warranty Deed $750,000 Commonwealth Land Title
Warranty Deed $640,000 Navi Title Agency
Special Warranty Deed -- New Title Company Name
Warranty Deed $175,000 Clear Title Agency Of Az Llc
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6775720

Arizona Regional Multiple Listing Service (ARMLS)

APN: 200-97-150