NOT LISTED FOR SALE

1002 E Turney Ave Phoenix, AZ 85014

Central City Neighborhood

Estimated Value: $427,000 - $1,375,000

-- Bed
-- Bath
-- Sq Ft
0.42 Acres

Last Sold July 01, 2021

Last sale price $760,000

Est. 26% increase in value since last sale

Current estimated payment $5,218/month

6 Days on Market

Highlights

  • RV or Boat Parking
  • Cooling Available
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A
  • Ceramic Tile Flooring

About This Home

As of July 2021

This is one of a kind Great investment opportunity. Amazing 1 single property next to a 2 duplex property total of 5 units. The great and prime growing location of Midtown Phoenix. This units are well taking care of. Just a little TLC and perfect for either flip or keep. NO HOA, Low taxes.

Over 18,000 square feet of land and potential property to build another duplex in the back.


SEE YOU IN ESCROW.

Last Agent to Sell the Property

Albert Ferrari

My Home Group Real Estate License #SA651176000 Listed on: 04/16/2021

My Home Group Real Estate

Last Buyer's Agent

Albert Ferrari

My Home Group Real Estate License #SA651176000 Listed on: 04/16/2021

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,486

Year Built

  • Built in 1960

Lot Details

  • 0.42

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 5 Open Parking Spaces
  • 9 Parking Spaces
  • 4 Covered Spaces
  • On-Street Parking
  • RV or Boat Parking

Schools

  • Longview Elementary School
  • Montecito Community Middle School
  • Central High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 45
  • Assessor Parcel Number 155-14-009

Community Details

Overview

  • 3 Buildings
  • 5 Units
  • Building Dimensions are 18,244
  • Carolyn Place Lot 10 45 Subdivision

Building Details

  • Operating Expense $1,486
  • Gross Income $41,400
  • Net Operating Income $35,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,486

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: 12th street and Campbell
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2020
  • Directions: Go South on 12th street, West on Turney to Property.
  • Road Surface Type: Dirt
  • Subdivision Name: CAROLYN PLACE LOT 10-45
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: RV/Access Parking, Add'l Parking Avail, 1 Space/Unit, On Street
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 9.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 9.0
  • Exterior Amenities:RVBoat Parking: Yes
  • Parking Features Street Parking: Yes
  • Parking Features RVBoat Parking2: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Electric
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter, City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Satellite Dish: Yes
  • Exterior Amenities:TV Antenna: Yes

Schools

  • Elementary School: Longview Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Montecito Community School

Lot Info

  • Lot Size: 18,244
  • Additional Parcels: No
  • Parcel #: 155-14-009

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 5
  • Annual Gross Income: 41400.0
  • Property Net Operating Income: 35400.0
  • Annual Operating Expense: 1486.0

Tax Info

  • Tax Annual Amount: 1486.0
  • Tax Book Number: 155.00
  • Tax Lot: 45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2022
Sold by
Urbana Thomas Llc
Bought by
Majas Llc
Current Estimated Value
$955,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Outstanding Balance
$879,173
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$75,827

Purchase Details

Listed on
Apr 16, 2021
Closed on
Jun 29, 2021
Sold by
Pinon Marielena
Bought by
Urbana Thomas Llc
Seller's Agent
Albert Ferrari
My Home Group Real Estate
Buyer's Agent
Albert Ferrari
My Home Group Real Estate
List Price
$795,000
Sold Price
$760,000
Premium/Discount to List
-$35,000
-4.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%
Original Mortgage
$707,250
Interest Rate
4.25%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 18, 2001
Sold by
Porras Federico Pinon
Bought by
Pinon Marielena

Purchase Details

Closed on
Apr 1, 2000
Sold by
Dziuk Thomas J and Dziuk Marie M
Bought by
Sandefur Louis R and Sandefur Bernell A
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
Majas Llc $1,350,000 Thomas Title & Escrow Llc
Urbana Thomas Llc $760,000 Chicago Title Agency Inc
Pinon Marielena -- Grand Canyon Title Agency In
Sandefur Louis R -- Title Ins Co Of Minnesota
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Majas Llc $945,000
Previous Owner Urbana Thomas Llc $707,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2021 07/01/21 Sold $760,000 -4.4% --
04/22/2021 04/22/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $795,000 -- --
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 $1,625 $12,947 -- --
2024 $1,570 $12,331 -- --
2023 $1,570 $67,800 $13,560 $54,240
2022 $1,494 $43,470 $8,690 $34,780
2021 $1,525 $36,220 $7,240 $28,980
2020 $1,486 $33,370 $6,670 $26,700
2019 $1,420 $31,080 $6,210 $24,870
2018 $1,371 $24,600 $4,920 $19,680
2017 $1,255 $23,570 $4,710 $18,860
2016 $1,210 $17,150 $3,430 $13,720
2015 $1,126 $14,020 $2,800 $11,220
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Albert Ferrari

    My Home Group Real Estate

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6224497

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-14-009

Arizona Maricopa County Phoenix 85014 Central City

1002 E Turney Ave, Phoenix, AZ

This home is located at 1002 E Turney Ave, Phoenix, AZ 85014 since 16 April 2021 and is currently estimated at $955,000. This property was built in 1960. 1002 E Turney Ave is a home located in Maricopa County with nearby schools including Longview Elementary School, Osborn Middle School, and Phoenix Coding Academy.

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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