NOT LISTED FOR SALE

Estimated Value: $473,000 - $711,711

5 Beds
1 Bath
910 Sq Ft
$667/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $600,000 $659 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,251/month

13 Days on Market

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 2021

Miss 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

Abbas Mohammadian

DPR Realty LLC License #SA569020000 Listed on: 09/03/2021

DPR Realty LLC

Last Buyer's Agent

Lauren Rosin

eXp Realty License #BR558852000

eXp Realty

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$760

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Cross Street: 7Th St & Roosevelt
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1926
  • Tax Year: 2020
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: BRILLS ADDITION AMD
  • Cooling:Ceiling Fan(s): Yes
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl, Concrete
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Stucco, Brick
  • Roof: Composition

Garage/Parking

  • Parking Features: RV Access/Parking, Paved, >1 Space Per Unit, On Street
  • 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
  • Exterior Amenities:RVBoat Parking: Yes
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Paved2: Yes
  • Parking Features Street Parking: Yes
  • Parking Features RVBoat Parking2: Yes

Utilities

  • Electric: APS, Submetered System, Individual Meter
  • Cooling: Central Air, Ceiling Fan(s), Window/Wall Unit, Electric
  • Heating: Individual, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Breakfast Bar2: Yes
  • Interior Amenities:Drapes2: Yes

Fee Information

  • Annual Water Sewer Expense: 1920.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 138.49 by 48.36
  • Additional Parcels: No
  • Parcel #: 116-28-046

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Electric Expense: 285.12
  • Annual Gross Income: 44040.0
  • Insurance Expense: 1230.0
  • Property Net Operating Income: 39694.88
  • Annual Operating Expense: 4345.12

Tax Info

  • Tax Annual Amount: 760.0
  • Tax Block: 12
  • Tax Book Number: 116.00
  • Tax Lot: 6

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
$607,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,178
Avg. Annual Appreciation
0.28%
Original Mortgage
$450,000
Outstanding Balance
$410,358
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$196,820

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
$410,358
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$196,820

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

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
Source: Public Records
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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
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 $40,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $906 $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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6288876

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-28-046