NOT LISTED FOR SALE

Estimated Value: $456,000 - $648,000

Studio
1 Bath
1,996 Sq Ft
$259/Sq Ft Est. Value

Last Sold July 30, 2024

Last sale price $447,000 $224 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,788/month

25 Days on Market

Highlights

  • Wood Flooring
  • Multiple cooling system units
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of July 2024

Historic Duplex in Downtown Phoenix. Full Kitchen, Hardwood floors, spacious yard, extra storage. Very Close to Roosevelt District, Downtown and ASU Campus. Walking Distance to the Grand Avenue Arts District. Minutes to the Nearest Light Rail Station. Less than a Mile to the Stadium District. Minutes to the ASU Downtown Campus, Crescent Ballroom, The Van Buren, & the Heart of Downtown Phoenix. Garfield is the 2nd most walkable neighborhood in Phoenix with a neighborhood Walk Score of 79. Bike Score 82. Transit Score 58.

Last Agent to Sell the Property

Christina Catalano

Real Broker License #SA573558000 Listed on: 06/28/2024

Co-Listed By

Tara Buntin

Real Broker License #SA635240000

Last Buyer's Agent

Anne Dominguez

HomeSmart License #SA661302000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,116

Year Built

  • Built in 1926

Home Design

  • Tile Roof
  • Built-Up Roof
  • Block Exterior
  • Stucco

Flooring

  • Wood
  • Ceramic Tile

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • On-Street Parking

Schools

  • Garfield Elementary And Middle School
  • North High School

Utilities

  • Multiple cooling system units
  • Heat Pump System

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 57
  • Assessor Parcel Number 116-27-032

Community Details

Overview

  • 2 Units
  • Building Dimensions are 50X157.50
  • Highland Addition Lots 9 26, 43 60, 74 91 Subdivision

Building Details

  • Operating Expense $1,116
  • Gross Income $20,760
  • Net Operating Income $20,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,116

Year Built

Built in 1926

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 10th St/Roosevelt
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1926
  • Tax Year: 2023
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: ulre001
  • Co List Office Phone: 480-359-6519
  • Subdivision Name: HIGHLAND ADDITION LOTS 9-26, 43-60, 74-91
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block
  • Roof: Tile, Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: On Street
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking Features Street Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Electric, Heat Pump, 2 or More Units
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Separate Storage: Yes

Schools

  • Elementary School: Garfield School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Garfield School

Lot Info

  • Lot Size: 50X157.50
  • Additional Parcels: No
  • Parcel #: 116-27-032

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 20760.0
  • Property Net Operating Income: 20760.0
  • Annual Operating Expense: 1116.0

Tax Info

  • Tax Annual Amount: 1116.0
  • Tax Book Number: 116.00
  • Tax Lot: 57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Jul 31, 2024
Sold by
Mckinley 1014 Llc
Bought by
Gonzalez Corina Vargas
Seller's Agent
Christina Catalano
Real Broker
Buyer's Agent
Anne Dominguez
HomeSmart
List Price
$485,000
Sold Price
$447,000
Premium/Discount to List
-$38,000
-7.84%
Views
33
Current Estimated Value
$516,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,619
Avg. Annual Appreciation
9.29%

Purchase Details

Closed on
Apr 13, 2007
Sold by
Mehan Michael P and Mehan Sarah J
Bought by
Francis Stefanie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 21, 2002
Sold by
Mehan Michael P and Mehan Sarah J
Bought by
Mehan Michael P and Mehan Sarah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
6.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 6, 2001
Sold by
Urquhart Joseph G
Bought by
Mehan Michael P and Mehan Sarah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
7.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 6, 1998
Sold by
Figurniak Helen C
Bought by
Urquhart Joseph G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,200
Interest Rate
6.79%
Mortgage Type
Commercial
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
Gonzalez Corina Vargas $447,000 Roc Title Agency
Francis Stefanie B $210,000 Magnus Title Agency
Mehan Michael P -- Security Title Agency
Mehan Michael P $70,000 Old Republic Title Agency
Urquhart Joseph G $45,800 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Francis Stefanie B $168,000
Previous Owner Mehan Michael P $82,500
Previous Owner Mehan Michael P $56,000
Previous Owner Urquhart Joseph G $36,200
Closed Urquhart Joseph G $10,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2024 07/30/24 Sold $447,000 -7.8% $224 / Sq Ft
07/24/2024 07/24/24 Pending -- -- --
06/28/2024 06/28/24 For Sale $485,000 0.0% $243 / Sq Ft
08/15/2019 08/15/19 Rented $750 0.0% --
07/19/2019 07/19/19 Under Contract -- -- --
07/05/2019 07/05/19 For Rent $750 +3.4% --
05/05/2018 05/05/18 Rented $725 0.0% --
04/18/2018 04/18/18 Under Contract -- -- --
04/08/2018 04/08/18 For Rent $725 +4.3% --
04/07/2017 04/07/17 Rented $695 0.0% --
03/29/2017 03/29/17 Under Contract -- -- --
03/13/2017 03/13/17 For Rent $695 +6.9% --
04/01/2016 04/01/16 Rented $650 0.0% --
03/28/2016 03/28/16 Under Contract -- -- --
03/14/2016 03/14/16 For Rent $650 +13.0% --
09/12/2015 09/12/15 Rented $575 0.0% --
09/09/2015 09/09/15 Under Contract -- -- --
08/08/2015 08/08/15 Off Market $575 -- --
08/08/2015 08/08/15 For Rent $575 0.0% --
10/04/2013 10/04/13 Rented $575 0.0% --
09/29/2013 09/29/13 Under Contract -- -- --
09/19/2013 09/19/13 For Rent $575 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,197 $8,428 -- --
2024 $1,116 $8,026 -- --
2023 $1,116 $41,500 $8,300 $33,200
2022 $1,076 $28,710 $5,740 $22,970
2021 $1,068 $24,320 $4,860 $19,460
2020 $1,081 $20,320 $4,060 $16,260
2019 $1,079 $15,760 $3,150 $12,610
2018 $1,060 $12,960 $2,590 $10,370
2017 $1,036 $12,570 $2,510 $10,060
2016 $1,006 $9,470 $1,890 $7,580
2015 $931 $7,900 $1,580 $6,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6725226

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-27-032

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