NOT LISTED FOR SALE

1011 N 28th St Phoenix, AZ 85008

Central City Neighborhood

Estimated Value: $475,000 - $532,000

-- Bed
-- Bath
1,144 Sq Ft
$438/Sq Ft Est. Value

Last Sold April 21, 2021

Last sale price $380,000 $332 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,815/month

1 Day on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of April 2021

Offering in 4-plex in a central Phoenix location. The complex has 4 one-bedroom, one bath units, all currently rented month to month. Close to major freeways and Accessible to public transportation within walking distance to light rail. The tenants pay their own electric bill, they are individual metered. Currently, the owner does pay sewer and water. Owner is also selling the 4-plex at 1015 N 28th, as both share a common area without fencing.

Last Agent to Sell the Property

Brooke Castaneda

HomeSmart License #SA554964000 Listed on: 03/09/2021

HomeSmart

Co-Listed By

Monica Crowell

HomeSmart License #SA555227000

Last Buyer's Agent

Kevin McGowin

Go Win Property Management License #BR687250000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $979

Year Built

  • Built in 1962

Lot Details

  • 0.28

Home Design

  • Wood Frame Construction
  • Built-Up Roof

Flooring

  • Concrete Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for gas, water, sewer
  • Tax Lot 15
  • Assessor Parcel Number 121-75-092-D

Community Details

Overview

  • 4 Units
  • Building Dimensions are 12000 sqft
  • Morrison Tract Lots 12 19 Subdivision

Building Details

  • Operating Expense $4,630
  • Gross Income $33,000
  • Net Operating Income $25,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$979

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: 28th St & ROOSEVELT
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi Family
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2020
  • Directions: North on 28th Street from Roosevelt
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: cril19
  • Co List Office Phone: 602-761-4650
  • Subdivision Name: MORRISON TRACT LOTS 12-19
  • Tax Parcel Letter: D
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: Free-Standing Range, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted
  • Roof: Built-Up

Garage/Parking

  • Parking Features: Add'l Parking Avail
  • 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

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Water Sewer Expense: 2481.0

Lot Info

  • Lot Size: 12000 sqft
  • Additional Parcels: No
  • Parcel #: 121-75-092-D

Multi Family

  • Owner Pays: Gas, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 33000.0
  • Insurance Expense: 1170.0
  • Property Net Operating Income: 25200.0
  • Annual Operating Expense: 4630.0

Tax Info

  • Tax Annual Amount: 979.0
  • Tax Book Number: 121.00
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2021
Closed on
Apr 16, 2021
Sold by
Torres Tomas
Bought by
Mesa Bridge Llc
Seller's Agent
Brooke Castaneda
HomeSmart
Buyer's Agent
Kevin McGowin
Go Win Property Management
List Price
$375,000
Sold Price
$380,000
Premium/Discount to List
$5,000
1.33%
Current Estimated Value
$500,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,996
Avg. Annual Appreciation
6.40%
Original Mortgage
$285,000
Outstanding Balance
$259,540
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$238,552

Purchase Details

Listed on
Mar 9, 2021
Closed on
Apr 1, 2021
Sold by
Cas Az Neda Llc
Bought by
Torres Tomas
Seller's Agent
Brooke Castaneda
HomeSmart
Buyer's Agent
Kevin McGowin
Go Win Property Management
List Price
$375,000
Sold Price
$380,000
Premium/Discount to List
$5,000
1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Outstanding Balance
$259,540
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$238,552

Purchase Details

Listed on
Jun 26, 2015
Closed on
Dec 2, 2015
Sold by
Miller Seth A
Bought by
Cas Az Neda Llc
Seller's Agent
David Johnson
Dave Johnson Realty
Buyer's Agent
Brooke Castaneda
HomeSmart
List Price
$159,000
Sold Price
$149,000
Premium/Discount to List
-$10,000
-6.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.12%

Purchase Details

Listed on
Jan 11, 2014
Closed on
Feb 28, 2014
Sold by
Miller Megan M
Bought by
Miller Seth A
Seller's Agent
George Akers
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Ashley Linford
Dave Johnson Realty
List Price
$145,000
Sold Price
$132,500
Premium/Discount to List
-$12,500
-8.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.78%
Original Mortgage
$99,375
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 11, 2014
Closed on
Feb 20, 2014
Sold by
Grobmeier Alan
Bought by
Miller Seth A
Seller's Agent
George Akers
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Ashley Linford
Dave Johnson Realty
List Price
$145,000
Sold Price
$132,500
Premium/Discount to List
-$12,500
-8.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,375
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 23, 2013
Closed on
Mar 27, 2013
Sold by
Guasp Paola
Bought by
Grobmeier Alan and Roppel David
Seller's Agent
Cherie Griffin
CORE Choice Realty
Buyer's Agent
George Akers
Better Homes & Gardens Real Estate SJ Fowler
List Price
$100,000
Sold Price
$90,000
Premium/Discount to List
-$10,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.43%

Purchase Details

Closed on
Mar 28, 2011
Sold by
Barrill Lisa
Bought by
Guasp Paola

Purchase Details

Closed on
Dec 14, 2010
Sold by
Sarmadi Yousha
Bought by
Guasp Paola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
4.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2010
Sold by
Hurst Leevan
Bought by
Barill Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
4.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2010
Sold by
Cotiari Patricia
Bought by
Barill Lisa and Guasp Paola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
4.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2010
Sold by
Hurst Leevan James
Bought by
Barill Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
4.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2010
Sold by
Federal National Mortgage Association
Bought by
Barill Lisa and Cotiart Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
4.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2010
Sold by
Barron Esmeralda and Barron Miguel
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 22, 2007
Sold by
Barron Esmeralda
Bought by
Barron Miguel B

Purchase Details

Closed on
Nov 7, 2006
Sold by
Barron Miguel
Bought by
Barron Miguel and Barron Esmeralda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
8.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2004
Sold by
Barron Miguel
Bought by
Barron Miguel and Barron Esmeralda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,800
Interest Rate
5.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 6, 2004
Sold by
Barron Esmeralda
Bought by
Barron Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$970,620
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 2003
Sold by
Pantere Inc
Bought by
Euromex Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$970,620
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 1994
Sold by
Jones Sherman C
Bought by
Del Rey L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,444
Interest Rate
8.65%
Mortgage Type
Assumption
Source: Public Records

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
Mesa Bridge Llc -- Accommodation
Torres Tomas $380,000 Equity Title Agency Inc
Cas Az Neda Llc $149,000 Fidelity Natl Title Agency
Miller Seth A -- Empire West Title Agency
Miller Seth A $132,500 Empire West Title Agency
Grobmeier Alan $90,000 Security Title Agency
Guasp Paola -- Security Title Agency
Guasp Paola -- None Available
Guasp Paola -- Security Title Agency
Barill Lisa -- Security Title Agency
Barill Lisa -- Security Title Agency
Barill Lisa -- First American Title Ins Co
Barill Lisa $53,000 First American Title Ins Co
Federal National Mortgage Association $99,465 Great American Title Agency
Barron Miguel B -- None Available
Barron Miguel -- Capital Title Agency Inc
Barron Miguel -- Capital Title Agency Inc
Barron Miguel -- Dhi Title Of Arizona Inc
Barron Miguel -- Capital Title Agency Inc
Barron Miguel $1,554,000 Capital Title Agency Inc
Euromex Llc -- Capital Title Agency Inc
Euromex Llc $1,387,600 Capital Title Agency Inc
Del Rey L L C $360,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Tomas $285,000
Previous Owner Miller Seth A $99,375
Previous Owner Barill Lisa $41,000
Previous Owner Barill Lisa $63,000
Previous Owner Barron Miguel B $62,300
Previous Owner Barron Miguel $224,000
Previous Owner Barron Miguel $91,800
Previous Owner Barron Miguel $91,800
Previous Owner Euromex Llc $970,620
Previous Owner Del Rey L L C $87,444
Closed Euromex Llc $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2021 04/21/21 Sold $380,000 +1.3% $332 / Sq Ft
04/21/2021 04/21/21 Price Changed $375,000 0.0% $328 / Sq Ft
04/19/2021 04/19/21 Price Changed $375,000 0.0% $328 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $375,000 +151.7% $328 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
12/16/2015 12/16/15 Sold $149,000 -6.3% $130 / Sq Ft
11/25/2015 11/25/15 Pending -- -- --
06/23/2015 06/23/15 For Sale $159,000 +20.0% $139 / Sq Ft
03/04/2014 03/04/14 Sold $132,500 -8.6% $116 / Sq Ft
02/14/2014 02/14/14 Pending -- -- --
01/11/2014 01/11/14 For Sale $145,000 +61.1% $127 / Sq Ft
04/12/2013 04/12/13 Sold $90,000 -10.0% $79 / Sq Ft
02/28/2013 02/28/13 Pending -- -- --
02/23/2013 02/23/13 For Sale $100,000 -- $87 / 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 $1,031 $7,932 -- --
2024 $1,019 $7,554 -- --
2023 $1,019 $37,650 $7,530 $30,120
2022 $979 $27,570 $5,510 $22,060
2021 $1,003 $22,370 $4,470 $17,900
2020 $979 $18,410 $3,680 $14,730
2019 $972 $14,470 $2,890 $11,580
2018 $952 $12,680 $2,530 $10,150
2017 $915 $12,000 $2,400 $9,600
2016 $880 $9,770 $1,950 $7,820
2015 $818 $7,730 $1,540 $6,190
Source: Public Records

Agents Affiliated with this Home

  • Brooke Castaneda

    Seller's Agent in 2021

    Brooke Castaneda

    HomeSmart

    (480) 206-3658

    4 in this area

    88 Total Sales

    Brooke Castaneda
    Section Image
  • Monica Crowell

    Seller Co-Listing Agent in 2021

    Monica Crowell

    HomeSmart

    (480) 677-0992

    4 in this area

    82 Total Sales

    Monica Crowell
    Section Image

  • K

    Buyer's Agent in 2021

    Kevin McGowin

    Go Win Property Management

    (480) 496-9001

    4 in this area

    47 Total Sales

    Kevin McGowin
    Section Image

  • D

    Seller's Agent in 2015

    David Johnson

    Dave Johnson Realty

    (520) 906-8111

    51 Total Sales

    David Johnson
    Section Image
  • James Miller

    Seller Co-Listing Agent in 2015

    James Miller

    Dave Johnson Realty

    (480) 369-4618

    66 Total Sales

    James Miller
    Section Image
  • George Akers

    Seller's Agent in 2014

    George Akers

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 390-4589

    21 Total Sales

    George Akers
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6204642

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-75-092D

Arizona Maricopa County Phoenix 85008 Central City

1011 N 28th St, Phoenix, AZ

This home is located at 1011 N 28th St, Phoenix, AZ 85008 since 09 March 2021 and is currently estimated at $500,996, approximately $437 per square foot. This property was built in 1962. 1011 N 28th St is a home located in Maricopa County with nearby schools including Gateway School, Camelback High 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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