$120,000
SOLD AUG 24, 2017
-- Bed
-- Bath
1,560 Sq Ft
1963 Built

Recently Sold

$77 Per Sq Ft

8% Below List Price

67 Days on Market

Highlights

  • Evaporated cooling system
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of March 2023

CASH COW DUPLEX! EASY TO RENT AND ALWAYS STAYS RENTED! 100% OCCUPIED! PRICED TO SELL AT $86 PER FOOT! GROSS RENTS ARE NEARLY 1,350 PER MONTH! AFTER OWNER PAYS WATER BILL, TAXES, AND INSURANCE THIS PROPERTY YIELDS STRONG 9% RETURN!! LARGE UNITS WITH THE BACK UNIT BEING LARGER WITH AN ADDED BEDROOM AND BATHROOM. GREAT PAYING TENANTS IN THIS PROPERTY. FENCED PROPERTY FOR PRIVACY WITH COVERED SHARED PATIO AND OUTSIDE WASHER DRYER HOOKUPS! WALKING DISTANCE FROM BUS STOPS AND NEAR SCHOOLS/PARKS! WITHIN 5 MILES OF DOWNTOWN PHOENIX! WITHIN 1 MILE OF LOOP 202 FREEWAY. CENTRALLY LOCATED!!! BUYER MUST VERIFY ALL FACTS AND FIGURES.

Last Agent to Sell the Property

Daniel Shreeve

Arizona Platinum Properties LLC License #BR572199000 Listed on: 06/11/2017

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $582

Year Built

  • Built in 1963

Home Design

  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Creighton Elementary School
  • Excelencia Middle School
  • Phoenix Union Bioscience High School

Utilities

  • Evaporated cooling system
  • Heating Available

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 16
  • Assessor Parcel Number 121-76-125

Community Details

Overview

  • 2 Units
  • Building Dimensions are 6752
  • Elburn Subdivision

Building Details

  • Operating Expense $4,182
  • Gross Income $16,200
  • Net Operating Income $12,018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$582

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: 24TH ST. & ROOSEVELT
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2016
  • Directions: Head West on Roosevelt and take a right heading North on 24th St. Duplex will be on the left.
  • Road Surface Type: Gravel, Dirt
  • Subdivision Name: ELBURN
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: BI Oven/Range
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • 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
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Electric, Evaporative Cooling
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 1600.0

Schools

  • Elementary School: Creighton Elementary School
  • High School: Phoenix Union Bioscience High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Excelencia School

Lot Info

  • Lot Size: 6752
  • Additional Parcels: No
  • Parcel #: 121-76-125

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 2
  • Annual Gross Income: 16200.0
  • Insurance Expense: 600.0
  • Maintenance Expense: 500.0
  • Property Net Operating Income: 12018.0
  • Annual Operating Expense: 4182.0

Tax Info

  • Tax Annual Amount: 582.0
  • Tax Book Number: 121.00
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2022
Closed on
Mar 15, 2023
Sold by
Foundas Linda
Bought by
Lopez Russell Antonio Sanc
Seller's Agent
Linda Foundas
HomeSmart
Buyer's Agent
Yulianna Kendzer
eXp Realty
List Price
$410,000
Sold Price
$400,000
Premium/Discount to List
-$10,000
-2.44%
Views
319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.83%
Original Mortgage
$360,000
Outstanding Balance
$350,636
Interest Rate
6.09%
Mortgage Type
Seller Take Back
Estimated Equity
$76,103

Purchase Details

Listed on
Aug 16, 2018
Closed on
Sep 5, 2018
Sold by
Rebel Rentals Llc
Bought by
Foundas Linda and Foundas Nathan
Seller's Agent
William Nager
My Home Group Real Estate
Buyer's Agent
Linda Foundas
HomeSmart
List Price
$175,000
Sold Price
$156,800
Premium/Discount to List
-$18,200
-10.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.42%

Purchase Details

Listed on
Jun 11, 2017
Closed on
Aug 18, 2017
Sold by
Tate Holdings Llc
Bought by
Rebel Rentals Llc
Seller's Agent
Daniel Shreeve
Arizona Platinum Properties LLC
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$129,900
Sold Price
$120,000
Premium/Discount to List
-$9,900
-7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.53%

Purchase Details

Closed on
Feb 17, 2015
Sold by
Empire Capital Llc
Bought by
Tate Holdings Llc

Purchase Details

Closed on
Apr 8, 2014
Sold by
Shreeve Daniel
Bought by
Empire Capital Llc

Purchase Details

Listed on
Aug 5, 2013
Closed on
Sep 12, 2013
Sold by
Shreeve Lindsay and Shreeve Daniel
Bought by
Shreeve Daniel
Seller's Agent
Maria Holguin
Realty of America LLC
Buyer's Agent
Daniel Shreeve
Arizona Platinum Properties LLC
List Price
$75,000
Sold Price
$60,000
Premium/Discount to List
-$15,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.05%
Original Mortgage
$42,000
Interest Rate
4.36%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $400,000 Fidelity National Title Agency
Warranty Deed $156,800 First American Title Insuran
Warranty Deed $120,000 First Arizona Title Agency L
Warranty Deed -- First Arizona Title Agency L
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- First Arizona Title Agency
Warranty Deed $60,000 First Arizona Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 Seller Take Back
Previous Owner $42,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2025 06/19/25 For Sale $380,000 -5.0% --
03/10/2023 03/10/23 Sold $400,000 0.0% $256 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
01/24/2023 01/24/23 Price Changed $399,900 -2.5% $256 / Sq Ft
06/29/2022 06/29/22 For Sale $410,000 0.0% $263 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
05/29/2022 05/29/22 For Sale $410,000 +161.5% $263 / Sq Ft
09/28/2018 09/28/18 Sold $156,800 -10.4% $101 / Sq Ft
08/16/2018 08/16/18 For Sale $175,000 +45.8% $112 / Sq Ft
08/24/2017 08/24/17 Sold $120,000 -7.6% $77 / Sq Ft
08/17/2017 08/17/17 Pending -- -- --
08/17/2017 08/17/17 Price Changed $129,900 0.0% $83 / Sq Ft
08/11/2017 08/11/17 Price Changed $129,900 0.0% $83 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
07/31/2017 07/31/17 Pending -- -- --
07/25/2017 07/25/17 For Sale $129,900 0.0% $83 / Sq Ft
07/25/2017 07/25/17 Price Changed $129,900 -5.9% $83 / Sq Ft
07/19/2017 07/19/17 Pending -- -- --
07/11/2017 07/11/17 Price Changed $138,000 -0.7% $88 / Sq Ft
06/19/2017 06/19/17 Price Changed $139,000 -0.4% $89 / Sq Ft
06/15/2017 06/15/17 For Sale $139,500 0.0% $89 / Sq Ft
06/14/2017 06/14/17 Pending -- -- --
06/11/2017 06/11/17 For Sale $139,500 +132.5% $89 / Sq Ft
09/13/2013 09/13/13 Sold $60,000 -20.0% $38 / Sq Ft
08/11/2013 08/11/13 Pending -- -- --
08/02/2013 08/02/13 For Sale $75,000 -- $48 / 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 $681 $5,563 -- --
2024 $673 $5,298 -- --
2023 $673 $25,580 $5,110 $20,470
2022 $646 $18,760 $3,750 $15,010
2021 $665 $15,500 $3,100 $12,400
2020 $649 $12,980 $2,590 $10,390
2019 $644 $10,460 $2,090 $8,370
2018 $631 $8,470 $1,690 $6,780
2017 $606 $8,520 $1,700 $6,820
2016 $582 $6,700 $1,340 $5,360
2015 $542 $5,410 $1,080 $4,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5618662

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-76-125