Seller's Agent in 2019
Stephen Gomez
My Home Group Real Estate
(480) 570-4514
2 in this area
68 Total Sales
1014 E Mohave St Phoenix, AZ 85034
Central City NeighborhoodEstimated Value: $464,000 - $569,000
--
Bed
1
Bath
2,376
Sq Ft
$218/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Cooling Available
- Heat Pump System
- Phoenix Coding Academy Rated A
- Community Barbecue Grill
About This Home
As of August 20194-BED, 2-BATH in downtown Phx!!! This duplex is set up like a 4-plex. Seller prefers to sell with MLS #5943150 due to the set up. Seller has made price very attractive with a fantastic 7%+ return and even more value add with surrounding rental rates in this up & coming, revitalizing area in down town. The city is speculated to want this area for redevelopment; Potential is huge but just current rents make this 4-plex a great return on money invested from day one. Extremely well taken care of (view pics) and great renters with little to no vacancies!
Last Agent to Sell the Property
My Home Group Real Estate License #BR644548000 Listed on: 06/22/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,216
Year Built
- Built in 2006
Lot Details
- 6,752
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Flooring
- Wood
- Concrete
Parking
- 6 Open Parking Spaces
- 10 Parking Spaces
- 4 Covered Spaces
- Assigned Parking
Schools
- North High School
Utilities
- Cooling Available
- Heat Pump System
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for trash collection, water, sewer
- Legal Lot and Block 12 / 2
- Assessor Parcel Number 115-46-131
Community Details
Overview
- 2 Buildings
- 2 Units
- Building Dimensions are 49.95 x 135.16
- Thrifty Homes Subdivision
Amenities
- Community Barbecue Grill
Building Details
- Operating Expense $6,822
- Gross Income $28,800
- Net Operating Income $22,909
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 26, 2021
Sold by
Gary Jerrell R
Bought by
Phoenix Realty Housing Llc
Current Estimated Value
Purchase Details
Closed on
Nov 14, 2020
Sold by
Phoenix Realty Housing Llc
Bought by
Gary Jerrell R
Purchase Details
Closed on
Jul 15, 2020
Sold by
Gary Jerrell R
Bought by
Phoenix Realty Housing Llc
Purchase Details
Listed on
Jun 22, 2019
Closed on
Jul 29, 2019
Sold by
Gomez Frank V
Bought by
Gary Jerrell R
Seller's Agent
Stephen Gomez
My Home Group Real Estate
Buyer's Agent
Janet Rios
CPA Advantage Realty, LLC
List Price
$325,000
Sold Price
$325,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%
Original Mortgage
$227,500
Interest Rate
3.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 9, 2009
Sold by
Gomez Mary C
Bought by
Gomez Frank
Purchase Details
Closed on
Sep 8, 2009
Sold by
Fannie Mae
Bought by
Gomez Frank
Purchase Details
Closed on
Feb 26, 2009
Sold by
Aurora Loan Services Llc
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Feb 11, 2009
Sold by
Gibson Christopher P and Gibson La Shon
Bought by
Aurora Loan Services Llc
Purchase Details
Closed on
Feb 1, 2006
Sold by
Am Builders Llc
Bought by
Gibson Christopher P and Gibson Lashon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 26, 2005
Sold by
Gomez Frank V and Gomez Mary C
Bought by
Am Builders Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.72%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Phoenix Realty Housing Llc | -- | None Available | |
| Gary Jerrell R | -- | None Available | |
| Phoenix Realty Housing Llc | -- | None Available | |
| Gary Jerrell R | $325,000 | Equity Title Agency Inc | |
| Gomez Frank | -- | Stewart Title & Trust Of Pho | |
| Gomez Frank | $41,000 | Stewart Title & Trust Of Pho | |
| Federal National Mortgage Association | -- | Lsi Title Company | |
| Aurora Loan Services Llc | $241,762 | None Available | |
| Gibson Christopher P | $265,000 | Capital Title Agency Inc | |
| Am Builders Llc | $54,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gary Jerrell R | $227,500 | |
| Previous Owner | Gibson Christopher P | $212,000 | |
| Previous Owner | Am Builders Llc | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/07/2019 08/07/19 | Sold | $325,000 | 0.0% | $137 / Sq Ft |
| 07/01/2019 07/01/19 | Pending | -- | -- | -- |
| 06/21/2019 06/21/19 | For Sale | $325,000 | -- | $137 / 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 | $1,372 | $9,659 | -- | -- |
| 2024 | $1,279 | $9,199 | -- | -- |
| 2023 | $1,279 | $31,160 | $6,230 | $24,930 |
| 2022 | $1,234 | $21,570 | $4,310 | $17,260 |
| 2021 | $1,224 | $17,950 | $3,590 | $14,360 |
| 2020 | $1,239 | $15,420 | $3,080 | $12,340 |
| 2019 | $1,237 | $14,150 | $2,830 | $11,320 |
| 2018 | $1,216 | $14,170 | $2,830 | $11,340 |
| 2017 | $1,187 | $12,230 | $2,440 | $9,790 |
| 2016 | $1,153 | $9,720 | $1,940 | $7,780 |
| 2015 | $1,067 | $8,400 | $1,680 | $6,720 |
Source: Public Records
Agents Affiliated with this Home
-
Stephen Gomez
-
Janet Rios
J
Buyer's Agent in 2019
Janet Rios
CPA Advantage Realty, LLC
(480) 244-8349
6 in this area
35 Total Sales
-
J
Buyer's Agent in 2019
Janet Smith
Fort Lowell Realty & Property Management
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5943155
APN: 115-46-131
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
Nearby Homes
- 807 E Cocopah St
- 1824 S 12th St Unit 175
- 1607 S 6th St
- 1245 E Maricopa Fwy
- 1908 S 14th St
- 1502 S 14th St
- 815 S 9th Place
- 906 S 4th St
- 1700 S 1st St Unit 1
- 1755 S Central Ave Unit 15
- 1014 S 2nd St
- 1109 E Jackson St
- 733 S 1st St Unit 5
- 1305 E Madison St
- 310 S 4th St Unit 601
- 310 S 4th St Unit 1407
- 310 S 4th St Unit 1902
- 310 S 4th St Unit 908
- 310 S 4th St Unit 1601
- 310 S 4th St Unit 707
- 1016 E Mohave St Unit 10
- 1016 E Mohave St
- 1012 E Mohave St
- 1020 E Mohave St
- 1013 E Cocopah St
- 1017 E Cocopah St
- 1009 E Cocopah St
- 1006 E Mohave St
- 1022 E Mohave St
- 1009 E Mohave St
- 1019 E Cocopah St
- 1007 E Cocopah St
- 1013 E Mohave St
- 1021 E Cocopah St
- 1005 E Cocopah St
- 1007 E Mohave St
- 1004 E Mohave St
- 1604 S 11th St
- 1021 E Mohave St
- 1014 E Cocopah St