1005 E Moreland St Phoenix, AZ 85006
Garfield NeighborhoodEstimated Value: $419,000 - $657,000
5
Beds
1
Bath
910
Sq Ft
$596/Sq Ft
Est. Value
Highlights
- RV or Boat Parking
- Cooling System Mounted To A Wall/Window
- Ceiling Fan
- Phoenix Coding Academy Rated A
- Ceramic Tile Flooring
- Heating System Uses Natural Gas
About This Home
As of October 2021Miss Moreland is ready to razzle dazzle with her next homeowner-caretakers. This magnificent almost 100 year old Craftsman style beauty is a dream to behold. Not only has she been lovingly updated and gorgeous but she comes with TWO mini-mes behind her in which to realize whatever your dream maybe....extended family togetherness, Air BNB entrepreneurship, or landlord mecca of cash flow.......the opportunities are unlimited!!!!In the heart of downtown Phoenix in the popular and booming Garfield Historic district this property is walking distance to all of the entertainment and dining options of downtown Phoenix, ASU campus and right across from the pedestrian bridge to the Good Sam hospital campus. Location Location, Location!Updated and fabulous two of these homes are available for immediate move in and you even have a paid in advance studio tenant till December!She's gorgeous, you're gorgeous, come be gorgeous together and make dreams come true. Tally ho!
Last Agent to Sell the Property
DPR Realty LLC License #SA569020000 Listed on: 09/03/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $760
Year Built
- Built in 1926
Home Design
- Brick Exterior Construction
- Wood Frame Construction
- Composition Roof
- Stucco
Interior Spaces
- Ceiling Fan
Flooring
- Concrete
- Ceramic Tile
- Vinyl
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Over 1 Space Per Unit
- Paved Parking
- On-Street Parking
- RV or Boat Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Central Air
- Heating System Uses Natural Gas
- Individual Controls for Heating
- Master Water Meter
Listing and Financial Details
- The owner pays for trash collection, water, sewer
- Legal Lot and Block 6 / 12
- Assessor Parcel Number 116-28-046
Community Details
Overview
- 3 Buildings
- 3 Units
- Building Dimensions are 138.49 by 48.36
- Brills Addition Amd Subdivision
Building Details
- Operating Expense $4,345
- Gross Income $44,040
- Net Operating Income $39,695
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 3, 2021
Closed on
Oct 25, 2021
Sold by
Sweet and Hilary
Bought by
1005 E Moreland St Llc
Seller's Agent
Abbas Mohammadian
DPR Realty LLC
Buyer's Agent
Lauren Rosin
eXp Realty
List Price
$620,000
Sold Price
$600,000
Premium/Discount to List
-$20,000
-3.23%
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
-$57,403
Avg. Annual Appreciation
-2.71%
Original Mortgage
$450,000
Outstanding Balance
$414,785
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$127,812
Purchase Details
Listed on
Sep 3, 2021
Closed on
Oct 13, 2021
Sold by
Mohammadian Jeanne
Bought by
Sweet Michael and Sweet Hillary
Seller's Agent
Abbas Mohammadian
DPR Realty LLC
Buyer's Agent
Lauren Rosin
eXp Realty
List Price
$620,000
Sold Price
$600,000
Premium/Discount to List
-$20,000
-3.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$414,785
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$127,812
Purchase Details
Closed on
Apr 25, 2014
Sold by
Mohammadian Abbas
Bought by
Mohammadian Jeanne
Purchase Details
Closed on
Apr 22, 2011
Sold by
Andrade Abelino and Andrade Maria
Bought by
Mohammadian Abbas and Mohammadian Jeanne
Purchase Details
Closed on
Jun 2, 2008
Sold by
Andrade Abelino
Bought by
Andrade Abelino and Andrade Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.8%
Mortgage Type
Unknown
Purchase Details
Closed on
Feb 9, 1995
Sold by
Hud
Bought by
Andrade Abelino
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,900
Interest Rate
9.27%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 14, 1993
Sold by
Lasalle Talman Home Mtg Corp
Bought by
Hud
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1005 E Moreland St Llc | -- | -- | |
| Sweet Michael | $600,000 | Gold Title Agency Llc | |
| Mohammadian Jeanne | -- | None Available | |
| Mohammadian Abbas | $40,500 | Old Republic Title Agency | |
| Andrade Abelino | -- | None Available | |
| Andrade Abelino | -- | Security Title Agency | |
| Hud | -- | Trans National Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sweet Michael | $450,000 | |
| Previous Owner | Andrade Abelino | $125,000 | |
| Previous Owner | Andrade Abelino | $40,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/22/2021 10/22/21 | Sold | $600,000 | -3.2% | $659 / Sq Ft |
| 09/16/2021 09/16/21 | Pending | -- | -- | -- |
| 09/03/2021 09/03/21 | For Sale | $620,000 | -- | $681 / 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 | $852 | $6,376 | -- | -- |
| 2024 | $781 | $6,072 | -- | -- |
| 2023 | $781 | $32,730 | $6,540 | $26,190 |
| 2022 | $752 | $26,030 | $5,200 | $20,830 |
| 2021 | $750 | $22,850 | $4,570 | $18,280 |
| 2020 | $760 | $21,060 | $4,210 | $16,850 |
| 2019 | $760 | $14,770 | $2,950 | $11,820 |
| 2018 | $747 | $12,970 | $2,590 | $10,380 |
| 2017 | $723 | $10,100 | $2,020 | $8,080 |
| 2016 | $703 | $8,520 | $1,700 | $6,820 |
| 2015 | $644 | $6,560 | $1,310 | $5,250 |
Source: Public Records
Agents Affiliated with this Home
-
Abbas Mohammadian
A
Seller's Agent in 2021
Abbas Mohammadian
DPR Realty
(602) 212-1600
1 in this area
22 Total Sales
-
Lauren Rosin
Buyer's Agent in 2021
Lauren Rosin
eXp Realty
(480) 744-4604
2 in this area
870 Total Sales
-
Parker Weinthal
Buyer Co-Listing Agent in 2021
Parker Weinthal
eXp Realty
(480) 447-1574
1 in this area
108 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6288876
APN: 116-28-046
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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