1004 S Montezuma Ave Phoenix, AZ 85003
Central City Neighborhood
--
Bed
--
Bath
1,750
Sq Ft
6,098
Sq Ft Lot
Highlights
- Wood Flooring
- Cooling System Mounted To A Wall/Window
- 5-minute walk to Grant Park
- Phoenix Coding Academy Rated A
- Individual Controls for Heating
About This Home
As of July 2021Currently fully occupied and earning income each month! Both buildings have been renovated recently and fully rented. 353 Tonto building has two units, with one larger than the other. Brand new gates and walls have been installed for privacy. 1004 S Montezuma building has three bedrooms with an open concept living and kitchen space. Located very close to downtown Phoenix! This is a perfect opportunity to earn easy income every month!
Buyer to verify all facts and figures
Last Agent to Sell the Property
Lenna Bien
Taylor Street Advisors License #BR636411000 Listed on: 12/16/2020
Last Buyer's Agent
Lenna Bien
The Noble Agency License #BR636411000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $447
Year Built
- Built in 1936
Home Design
- Wood Frame Construction
- Tile Roof
- Stucco
Flooring
- Wood Flooring
Parking
- 2 Open Parking Spaces
- 3 Parking Spaces
- Carport
- Free Parking
- On-Street Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Individual Controls for Heating
Listing and Financial Details
- Legal Lot and Block 23 / 39
- Assessor Parcel Number 112-17-105
Community Details
Overview
- 2 Buildings
- 3 Units
- Building Dimensions are 6500 sq feet
- Montgomery Add Amd Blks 75, 83, 84, 91, 99 102 Subdivision
Building Details
- Operating Expense $447
- Gross Income $3,614
- Net Operating Income $3,613
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 16, 2020
Closed on
Jul 21, 2021
Sold by
Nix Erin Ashley
Bought by
Reynolds Rashaad
Seller's Agent
Lenna Bien
Taylor Street Advisors
Buyer's Agent
Lenna Bien
The Noble Agency
List Price
$574,000
Sold Price
$520,000
Premium/Discount to List
-$54,000
-9.41%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,056
Avg. Annual Appreciation
1.02%
Original Mortgage
$441,849
Outstanding Balance
$403,681
Interest Rate
2.93%
Estimated Equity
$138,375
Purchase Details
Closed on
Oct 21, 2019
Sold by
Terrys Real Estate Investments Llc
Bought by
Hopkins Sam
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
3.5%
Mortgage Type
Construction
Purchase Details
Closed on
Oct 17, 2019
Sold by
Aro Michael
Bought by
Terrys Real Estate Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
3.5%
Mortgage Type
Construction
Purchase Details
Closed on
Aug 2, 2010
Sold by
Aro Sophie M
Bought by
Morton Clayton Andrew
Purchase Details
Closed on
Jun 6, 2000
Sold by
Aro Tony C and Aro Sophie M
Bought by
Aro Tony C and Aro Sophie M
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | American Title Svc Agcy Llc | |
| Special Warranty Deed | $450,000 | American Title Svc Agcy Llc | |
| Warranty Deed | $123,000 | American Title Svc Agcy Llc | |
| Warranty Deed | $82,000 | American Title Svc Agcy Llc | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $21,442 | FHA | |
| Closed | $17,961 | FHA | |
| Open | $441,849 | No Value Available | |
| Closed | $441,849 | FHA | |
| Previous Owner | $142,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2023 06/01/23 | Rented | $1,795 | 0.0% | -- |
| 05/15/2023 05/15/23 | For Rent | $1,795 | 0.0% | -- |
| 07/01/2021 07/01/21 | Sold | $520,000 | -6.3% | $297 / Sq Ft |
| 05/07/2021 05/07/21 | Price Changed | $555,000 | 0.0% | $317 / Sq Ft |
| 04/02/2021 04/02/21 | Price Changed | $555,000 | 0.0% | $317 / Sq Ft |
| 03/28/2021 03/28/21 | Pending | -- | -- | -- |
| 03/08/2021 03/08/21 | Pending | -- | -- | -- |
| 02/18/2021 02/18/21 | Price Changed | $555,000 | -3.3% | $317 / Sq Ft |
| 12/16/2020 12/16/20 | For Sale | $574,000 | -- | $328 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $466 | $3,485 | -- | -- |
| 2024 | $462 | $3,319 | -- | -- |
| 2023 | $462 | $24,130 | $4,820 | $19,310 |
| 2022 | $445 | $13,800 | $2,760 | $11,040 |
| 2021 | $442 | $8,370 | $1,670 | $6,700 |
| 2020 | $447 | $6,970 | $1,390 | $5,580 |
| 2019 | $446 | $5,800 | $1,160 | $4,640 |
| 2018 | $439 | $5,480 | $1,090 | $4,390 |
| 2017 | $428 | $3,060 | $610 | $2,450 |
| 2016 | $416 | $2,600 | $520 | $2,080 |
| 2015 | $385 | $2,220 | $440 | $1,780 |
Source: Public Records
Agents Affiliated with this Home
-
D
Seller's Agent in 2023
Dominic Arnold
AZ Prime Property Management
(480) 449-6632
131 Total Sales
-
N
Buyer's Agent in 2023
Non-MLS Agent
Non-MLS Office
-
L
Seller's Agent in 2021
Lenna Bien
Taylor Street Advisors
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6171986
APN: 112-17-105
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.
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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