Seller's Agent in 2025
Bryce Neagle
ABI Multifamily
(602) 714-1400
5 in this area
26 Total Sales
1021 E Pierce St Phoenix, AZ 85006
Garfield Neighborhood
--
Bed
--
Bath
3,789
Sq Ft
6,882
Sq Ft Lot
Highlights
- Cooling Available
- Vinyl Flooring
- Individual Controls for Heating
- Phoenix Coding Academy Rated A
About This Home
As of March 20251021 E Pierce St is a 4-unit, garden-style property, built in 2006. The property offers an excellent investment opportunity in the sought-after Garfield Historic District. Each unit features 3 bedrooms, 2 bathrooms, and 950 square feet of living space. The property includes washer & dryer hookups in every unit and is individually metered for electricity. Residents also enjoy a landscaped community yard and an on-site parking lot. With value-add potential through continued interior and exterior renovations, the property is also extremely well located within walking distance of Arizona State University's Downtown Campus, Chase Field, and the vibrant dining and entertainment scene of Downtown Phoenix.
Last Agent to Sell the Property
ABI Multifamily License #SA692871000 Listed on: 01/29/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,632
Year Built
- Built in 2006
Home Design
- Wood Frame Construction
- Tile Roof
- Stucco
Flooring
- Vinyl Flooring
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- Paved Parking
Utilities
- Cooling Available
- Individual Controls for Heating
Listing and Financial Details
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 11
- Assessor Parcel Number 116-27-111
Community Details
Overview
- 4 Units
- Building Dimensions are 6,875 sqft
- Mt Pleasant Tract Blocks 2 5 Subdivision
Building Details
- Operating Expense $19,728
- Gross Income $95,128
- Net Operating Income $75,906
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 29, 2025
Closed on
Mar 12, 2025
Sold by
Smith Wayne A
Bought by
Camper Anthony
Seller's Agent
Bryce Neagle
ABI Multifamily
Buyer's Agent
Tavaughn Nivens
FSR Realty
List Price
$1,260,000
Sold Price
$1,265,000
Premium/Discount to List
$5,000
0.4%
Views
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,667
Avg. Annual Appreciation
1.39%
Original Mortgage
$1,265,000
Outstanding Balance
$1,263,940
Interest Rate
6.89%
Mortgage Type
VA
Estimated Equity
$7,727
Purchase Details
Closed on
Jun 24, 2022
Sold by
Smith Wayne A and Smith Sandra
Bought by
Smith Wayne A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$904,428
Interest Rate
5.1%
Mortgage Type
VA
Purchase Details
Closed on
Jan 5, 2007
Sold by
Blessing Jason
Bought by
Smith Wayne and Wilkins Smith Sandra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 16, 2006
Sold by
Plm Investment Llc
Bought by
Blessing Jason
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 14, 2006
Sold by
Blessing Holly
Bought by
Blessing Jason
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 24, 2004
Sold by
Suleiman Michael Y and Suleiman Kerri Ann
Bought by
Plm Investment Llc
Purchase Details
Closed on
Oct 19, 1998
Sold by
Evergreen Pines Ltd Partnership
Bought by
Suleiman Michael Y and Suleiman Kerri Ann
Purchase Details
Closed on
Jul 17, 1995
Sold by
Irwin James M
Bought by
Bobby Andrew
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,265,000 | Roc Title Agency | |
| Quit Claim Deed | -- | Wfg Lender Services | |
| Warranty Deed | $550,000 | Camelback Title Agency Llc | |
| Warranty Deed | $460,000 | Camelback Title Agency Llc | |
| Interfamily Deed Transfer | -- | Camelback Title Agency Llc | |
| Cash Sale Deed | $41,200 | Arizona Title Agency Inc | |
| Cash Sale Deed | $30,950 | Stewart Title & Trust | |
| Warranty Deed | -- | Stewart Title & Trust |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,265,000 | VA | |
| Previous Owner | $904,428 | VA | |
| Previous Owner | $440,000 | New Conventional | |
| Previous Owner | $322,000 | Purchase Money Mortgage | |
| Previous Owner | $322,500 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/21/2025 03/21/25 | Sold | $1,265,000 | +0.4% | $334 / Sq Ft |
| 03/07/2025 03/07/25 | Price Changed | $1,260,000 | 0.0% | $333 / Sq Ft |
| 03/07/2025 03/07/25 | For Sale | $1,260,000 | 0.0% | $333 / Sq Ft |
| 01/29/2025 01/29/25 | For Sale | $1,260,000 | -- | $333 / 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 | $2,632 | $19,679 | -- | -- |
| 2024 | $2,606 | $18,742 | -- | -- |
| 2023 | $2,606 | $64,900 | $12,980 | $51,920 |
| 2022 | $2,514 | $44,830 | $8,960 | $35,870 |
| 2021 | $2,495 | $36,410 | $7,280 | $29,130 |
| 2020 | $2,523 | $34,000 | $6,800 | $27,200 |
| 2019 | $2,519 | $31,680 | $6,330 | $25,350 |
| 2018 | $2,476 | $29,230 | $5,840 | $23,390 |
| 2017 | $2,419 | $29,550 | $5,910 | $23,640 |
| 2016 | $2,349 | $27,920 | $5,580 | $22,340 |
| 2015 | $2,174 | $25,050 | $5,010 | $20,040 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2025
Andrew Arambula
ABI Multifamily
(602) 513-5200
8 in this area
51 Total Sales
-
T
Buyer's Agent in 2025
Tavaughn Nivens
FSR Realty
(888) 897-7821
1 in this area
16 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6812277
APN: 116-27-111
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
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