NOT LISTED FOR SALE

Estimated Value: $446,000 - $612,182

Studio
3 Baths
1,514 Sq Ft
$346/Sq Ft Est. Value

Sale Details

Date Sold: April 21, 2021

Last sale price $410,000 $271 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,889 / mo

2 Days on Market

Highlights

  • Central Air
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of April 2021

Great opportunity to buy 3-plex in central Phoenix. All units are currently rented with tenants in place.

Last Agent to Sell the Property

Brooke Castaneda

HomeSmart License #SA554964000 Listed on: 04/01/2021

HomeSmart

Co-Listed By

Monica Crowell

HomeSmart License #SA555227000

Last Buyer's Agent

Rachel Lopez

My Home Group Real Estate License #SA552513000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $787

Year Built

  • Built in 1916

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • On-Street Parking

Schools

  • Garfield Elementary School
  • Edison Elementary Middle School
  • North High School

Utilities

  • Central Air
  • Heating Available
  • Gas Available

Listing and Financial Details

  • Tenant pays for water, electricity, gas
  • Tax Lot 93102
  • Assessor Parcel Number 116-27-030-B

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 0.16
  • Highland Addition Lots 93 102 Subdivision

Building Details

  • Operating Expense $4,399
  • Gross Income $30,600
  • Net Operating Income $26,201

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$787

Year Built

Built in 1916

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Roosevelt & 10th Street
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1916
  • Tax Year: 2020
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: cril19
  • Co List Office Phone: 602-761-4650
  • Subdivision Name: Highland Addition Lots 93-102
  • Tax Parcel Letter: B
  • Const - Finish:Const - Finish: Painted, Stucco
  • Cooling:Cooling: Central Air
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: City Electric
  • Sale Includes:Sale Includes: Building(s) Only
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Range

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Block, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Parking Features: On Street
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • Parking Features:Parking Features: On Street

Utilities

  • Electric: City Electric
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Gas:Gas: City Gas

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Water Sewer Expense: 3195.0

Schools

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

Lot Info

  • Lot Size: 0.16
  • Additional Parcels: No
  • Parcel #: 116-27-030-B

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Electricity, Gas
  • Number Of Units Total: 3
  • Annual Gross Income: 30600.0
  • Insurance Expense: 417.0
  • Property Net Operating Income: 26201.0
  • Annual Operating Expense: 4399.0

Tax Info

  • Tax Annual Amount: 787.0
  • Tax Book Number: 116.0
  • Tax Lot: 93102

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
Apr 15, 2021
Sold by
Bought by
Seller's Agent
Brooke Castaneda
HomeSmart
Buyer's Agent
Rachel Lopez
My Home Group Real Estate
List Price
$428,500
Sold Price
$410,000
Premium/Discount to List
-$18,500
-4.32%
Current Estimated Value
$524,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,296
Avg. Annual Appreciation
4.85%
Original Mortgage
$299,950
Outstanding Balance
$265,727
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$258,569

Purchase Details

Closed on
Oct 3, 2011
Sold by
Bought by

Purchase Details

Closed on
Apr 25, 2011
Sold by
Bought by

Purchase Details

Closed on
Nov 22, 2002
Sold by
Bought by

Purchase Details

Closed on
Sep 27, 2001
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$410,000 Driggs Title Agency
$26,249 None Available
$60,000 None Available
-- Security Title Agency
-- --
-- Security Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $299,950
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/21/2021 04/21/21 Sold $410,000 -4.3% $271 / Sq Ft
04/19/2021 04/19/21 Price Changed $428,500 0.0% $283 / Sq Ft
04/03/2021 04/03/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $428,500 -- $283 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $871 $6,133 -- --
2024 $812 $5,841 -- --
2023 $812 $31,530 $6,300 $25,230
2022 $783 $21,110 $4,220 $16,890
2021 $778 $17,520 $3,500 $14,020
2020 $787 $14,650 $2,930 $11,720
2019 $785 $11,830 $2,360 $9,470
2018 $772 $9,700 $1,940 $7,760
2017 $754 $9,210 $1,840 $7,370
2016 $732 $6,700 $1,340 $5,360
2015 $678 $5,630 $1,120 $4,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6215552

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-27-030B

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