NOT LISTED FOR SALE

8550 W Monaco Blvd Arizona City, AZ 85123

Estimated Value: $626,141

-- Bed
-- Bath
2,274 Sq Ft
$275/Sq Ft Est. Value

Last Sold October 29, 2024

Last sale price $710,000 $312 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $3,657/month

43 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available

About This Home

As of October 2024

PHENOMENAL OPPORTUNITY to BUY your FIRST HOME & INVESTMENT AT THE SAME TIME!!! This Fourplex consists of 4 units, 2, two story units! FANTASTIC source of income to help with mortgage payment and investment SIMULTANEOUSLY!! 3 NEW A/C Units and 2 new Water Heaters. All units are 3 bedrooms and 2 bathrooms at approximately 1,137 sq ft each unit. Lots of potential still to be had in the growing area! Enjoy the perks of no HOA fees. Property is RENT-READY or OWNER-OCCUPIED READY!!! Currently all units are occupied.

Last Listed By

Shannon Di Bella

Keller Williams Legacy One License #SA674006000 Listed on: 05/13/2024

Keller Williams Legacy One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,003

Year Built

  • Built in 2005

Lot Details

  • 0.34

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for trash collection, water, sewer
  • Tax Lot 1610
  • Assessor Parcel Number 408-06-017

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 15,003 sqft
  • Arizona City Unit Three Subdivision

Building Details

  • Operating Expense $2,003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,003

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Cross Street: Battaglia Dr. &Sunland Gin Rd.
  • Legal Info Range: 07E
  • Property Type: Multiple Dwellings
  • Zoning: SFR
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 2005
  • Tax Year: 2023
  • Directions: South on Sunland Gin. Rd., East on Monaco Rd. to property on the North side of the road.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: kwlo04
  • Co List Office Phone: 520-836-9301
  • Subdivision Name: ARIZONA CITY UNIT THREE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Paved Parking, <1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Paved Parking: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Casa Grande Union High School District

Lot Info

  • Lot Size: 15,003 sqft
  • Additional Parcels: No
  • Parcel #: 408-06-017

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Operating Expense: 2003.0

Tax Info

  • Tax Annual Amount: 2003.0
  • Tax Book Number: 408.00
  • Tax Lot: 1610

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2024
Sold by
Vang Teng
Bought by
Morales Mayra Angelica
Total Days on Market
43
Current Estimated Value
$626,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,525
Interest Rate
6.2%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 22, 2021
Sold by
Kvc Holdings Llc
Bought by
Vang Teng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,815
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 19, 2018
Sold by
Bowet Kimble and Cornet Valeire
Bought by
Lvc Investments Holdings Llc

Purchase Details

Listed on
Jan 18, 2017
Closed on
Mar 13, 2017
Sold by
Youmans Thomas
Bought by
Cornett Kimble and Cornett Valerie
Seller's Agent
Colleen Bechtel
Keller Williams Legacy One
Buyer's Agent
Gilbert Moreno
HomeSmart
List Price
$199,000
Sold Price
$200,000
Premium/Discount to List
$1,000
0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.74%

Purchase Details

Closed on
May 3, 2011
Sold by
Federal National Mortgage Association
Bought by
Youmans Thomas

Purchase Details

Closed on
Jun 22, 2010
Sold by
Cabrera Jose M and Cabrera Araceli
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 9, 2006
Sold by
Prats Fernando
Bought by
Cabrera Jose and Cabrera Araceli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
7.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 1, 2004
Sold by
Gerrish Shiao Pin
Bought by
Desert Sky Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,500
Interest Rate
6.17%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 6, 1999
Sold by
Gerrish Gerald W
Bought by
Gerrish Shiao Pin

Range of Values:

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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
Morales Mayra Angelica $710,000 Security Title Agency
Vang Teng $425,000 Security Title Agency Inc
Lvc Investments Holdings Llc -- None Available
Cornett Kimble $200,000 Security Title Agency
Youmans Thomas $79,000 First American Title Ins Co
Federal National Mortgage Association $373,232 None Available
Cabrera Jose $399,000 Sunstate Title Agency Llc
Desert Sky Group Llc $19,900 First Financial Title Agency
Gerrish Shiao Pin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morales Mayra Angelica $437,525
Previous Owner Vang Teng $60,000
Previous Owner Vang Teng $410,815
Previous Owner Cabrera Jose $319,200
Previous Owner Desert Sky Group Llc $213,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2024 10/29/24 Sold $710,000 +1.4% $312 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
05/13/2024 05/13/24 For Sale $699,999 +250.0% $308 / Sq Ft
03/16/2017 03/16/17 Sold $200,000 +0.5% $88 / Sq Ft
02/23/2017 02/23/17 Pending -- -- --
02/21/2017 02/21/17 For Sale $199,000 0.0% $88 / Sq Ft
02/13/2017 02/13/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $199,000 0.0% $88 / Sq Ft
01/22/2017 01/22/17 Pending -- -- --
01/18/2017 01/18/17 For Sale $199,000 -- $88 / 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 $2,023 $38,513 -- --
2024 $1,951 $46,497 -- --
2023 $2,003 $30,925 $2,200 $28,725
2022 $1,951 $19,556 $1,270 $18,286
2021 $2,038 $17,423 $0 $0
2020 $1,973 $17,347 $0 $0
2019 $1,886 $14,120 $0 $0
2018 $1,847 $12,090 $0 $0
2017 $1,890 $10,554 $0 $0
2016 $2,177 $10,562 $1,350 $9,212
2014 -- $12,596 $1,350 $11,246
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6704902

Arizona Regional Multiple Listing Service (ARMLS)

APN: 408-06-017