NOT LISTED FOR SALE

1017 E Mckinley St Phoenix, AZ 85006

Garfield Neighborhood

Estimated Value: $595,000 - $1,111,799

-- Bed
-- Bath
1,924 Sq Ft
$484/Sq Ft Est. Value

Last Sold May 19, 2021

Last sale price $1,690,000 $878 Per Sq Ft

Est. 45% decrease in value since last sale

Current estimated payment $4,974/month

204 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Individual Controls for Heating
  • Phoenix Coding Academy Rated A

About This Home

As of May 2021

Two separate 4-plex parcels.This asset offers a truly turnkey ownership experience with top rents. All are 1-bed/1-bath apartments with individual electric meters. The property has undergone extensive remodeling, and features newer roofs, all new ACs, plumbing and electric fixtures, tub surrounds, polished concrete floors, modern cabinetry, upgraded counter tops, interior and exterior paint, insulated low energy windows, doors, and lush modern desert landscaping. All units have separate private patios in the rear and gated front patios. All have individual washer/dryers. ----Bulk sale: 116-27-040 sold for $845,000. 116-27-041 sold for $845,000----

Last Agent to Sell the Property

Mark Skelpsa

HomeSmart Realty License #SA642313000 Listed on: 09/28/2020

Last Buyer's Agent

Vani Vadhwa

Call Realty, Inc. License #SA552979000

Call Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,075

Year Built

  • Built in 1984

Lot Details

  • Property fronts an alley
  • Additional Parcels

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Concrete Flooring

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Paved Parking
  • On-Street Parking

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 78
  • Assessor Parcel Number 116-27-040

Community Details

Overview

  • 2 Buildings
  • 8 Units
  • Building Dimensions are Irr
  • Highland Add. Lots 93 102 Subdivision

Building Details

  • Operating Expense $1,075

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,075

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: Roosevelt & 7th St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2020
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: HIGHLAND ADD. LOTS 93-102
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: F/S Oven/Range, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, >1 Space Per Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: Irr
  • Additional Parcels: Yes
  • Parcel #: 116-27-040

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 8
  • Annual Operating Expense: 1075.0

Tax Info

  • Tax Annual Amount: 1075.0
  • Tax Book Number: 116.00
  • Tax Lot: 78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2023
Sold by
Jackson C Kwok And Annie M Wong Living T
Bought by
Camstars Llc
Current Estimated Value
$930,450

Purchase Details

Closed on
Nov 30, 2023
Sold by
Jackson C Kwok And Annie M Wong Living T
Bought by
Camstars Llc

Purchase Details

Closed on
Jun 29, 2022
Sold by
Aok Consulting Llc
Bought by
Jackson C Kwok And Annie M Wong Living Trust

Purchase Details

Listed on
Sep 28, 2020
Closed on
May 18, 2021
Sold by
Garfireld Court Llc
Bought by
Aok Consulting Llc
Seller's Agent
Mark Skelpsa
HomeSmart Realty
Buyer's Agent
Vani Vadhwa
Call Realty, Inc.
List Price
$1,800,000
Sold Price
$1,690,000
Premium/Discount to List
-$110,000
-6.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.19%

Purchase Details

Listed on
Sep 2, 2017
Closed on
Sep 12, 2017
Sold by
Braden Charles
Bought by
Ran Llc
Seller's Agent
Sophia Baron
Grace CRE
Buyer's Agent
Sophia Baron
Grace CRE
List Price
$420,000
Sold Price
$420,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.29%

Purchase Details

Closed on
Mar 8, 2004
Sold by
Cho Kundo and Cho Maria
Bought by
Braden Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 2001
Sold by
Erickson Leroy B and Erickson Pamala K
Bought by
Cho Kundo and Cho Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,100
Interest Rate
6.97%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Camstars Llc -- None Listed On Document
Camstars Llc -- None Listed On Document
Jackson C Kwok And Annie M Wong Living Trust -- None Listed On Document
Aok Consulting Llc $845,000 Great American Ttl Agcy Inc
Ran Llc $420,000 Great American Title Agency
Braden Charles $128,000 Security Title Agency
Cho Kundo $227,500 Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Braden Charles $102,400
Previous Owner Cho Kundo $196,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2021 05/19/21 Sold $1,690,000 -6.1% $878 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
09/28/2020 09/28/20 For Sale $1,800,000 +328.6% $936 / Sq Ft
09/20/2017 09/20/17 Sold $420,000 0.0% $218 / Sq Ft View Prior Sale
09/02/2017 09/02/17 For Sale $420,000 -- $218 / 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 $1,190 $8,380 -- --
2024 $1,110 $7,981 -- --
2023 $1,110 $34,220 $6,840 $27,380
2022 $1,070 $23,760 $4,750 $19,010
2021 $1,062 $19,860 $3,970 $15,890
2020 $1,075 $18,610 $3,720 $14,890
2019 $1,073 $11,670 $2,330 $9,340
2018 $1,054 $10,810 $2,160 $8,650
2017 $1,030 $9,730 $1,940 $7,790
2016 $1,000 $8,300 $1,660 $6,640
2015 $926 $7,870 $1,570 $6,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mark Skelpsa

    HomeSmart Realty

    Section Image

  • V

    Buyer's Agent in 2021

    Vani Vadhwa

    Call Realty, Inc.

    (480) 988-7100

    1 in this area

    43 Total Sales

    Vani Vadhwa
    Section Image
  • Sophia Baron

    Seller's Agent in 2017

    Sophia Baron

    Grace CRE

    (480) 375-0227

    78 Total Sales

    Sophia Baron
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6138547

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-27-040

Arizona Maricopa County Phoenix 85006 Garfield

1017 E Mckinley St, Phoenix, AZ

Not Listed for Sale

MultiFamily

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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