1022 S Montezuma Ave Phoenix, AZ 85003
Central City Neighborhood
--
Bed
--
Bath
--
Sq Ft
1942
Built
Highlights
- Cooling System Mounted To A Wall/Window
- Heating unit installed on the ceiling
- 4-minute walk to Harmon Park
- Phoenix Coding Academy Rated A
- Concrete Flooring
About This Home
As of September 2023Investors, Developers and owner occupants this is a AMAZING opportunity to own two parcels #112-17-100 and 112-17-101 Property consists a duplex and a storage building with no utilities. Duplex has a new roof, insulation as well as hot water heater. Both units in the duplex have their owner washer and dryer. Unit #1 is a 2 x 2 and unit #2 is a 1 x 1. Additional, expansion and building is possible on this property.
Last Agent to Sell the Property
Cluff Real Estate LLC License #SA696852000 Listed on: 08/10/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $581
Year Built
- Built in 1942
Lot Details
- Additional Parcels
Home Design
- Composition Roof
- Block Exterior
Flooring
- Carpet
- Concrete
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
- On-Street Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Heating unit installed on the ceiling
Listing and Financial Details
- Legal Lot and Block 13 / 39
- Assessor Parcel Number 112-17-100
Community Details
Overview
- 2 Buildings
- 3 Units
- Building Dimensions are 9750
- Montgomery Add Blks 23 26, 31 34, 39 42, 47 50 Subdivision
Building Details
- Operating Expense $581
- Gross Income $34,800
- Net Operating Income $34,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 12, 2024
Sold by
Howard Joshua and Dischinger Nathan Daniel
Bought by
Howard Joshua and Dischinger Nathan Daniel
Current Estimated Value
Purchase Details
Listed on
Aug 10, 2023
Closed on
Oct 10, 2023
Sold by
Royal Executives Llc
Bought by
Howard Joshua and Dischinger Nathan Daniel
Seller's Agent
Nima Faghih
Cluff Real Estate LLC
Buyer's Agent
Mike Snitz
Realty ONE Group
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%
Views
12
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.13%
Original Mortgage
$403,750
Interest Rate
7.23%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 4, 2015
Sold by
Adwa James B
Bought by
Rabin Melissa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,250
Interest Rate
3.91%
Mortgage Type
Commercial
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $475,000 | Old Republic Title Agency | |
| Warranty Deed | $55,000 | Magnus Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $403,750 | New Conventional | |
| Previous Owner | $41,250 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/28/2023 09/28/23 | Sold | $475,000 | -4.8% | -- |
| 09/05/2023 09/05/23 | Pending | -- | -- | -- |
| 08/11/2023 08/11/23 | For Sale | $499,000 | +10.9% | -- |
| 04/15/2022 04/15/22 | Sold | $450,000 | -10.0% | -- |
| 02/14/2022 02/14/22 | For Sale | $500,000 | -- | -- |
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 | $608 | $4,545 | -- | -- |
| 2024 | $602 | $4,329 | -- | -- |
| 2023 | $602 | $22,260 | $3,180 | $19,080 |
| 2022 | $581 | $16,540 | $2,360 | $14,180 |
| 2021 | $576 | $13,230 | $1,890 | $11,340 |
| 2020 | $583 | $10,610 | $1,510 | $9,100 |
| 2019 | $582 | $9,470 | $1,350 | $8,120 |
| 2018 | $572 | $7,680 | $1,090 | $6,590 |
| 2017 | $559 | $6,400 | $910 | $5,490 |
| 2016 | $543 | $5,070 | $720 | $4,350 |
| 2015 | $502 | $5,130 | $730 | $4,400 |
Source: Public Records
Agents Affiliated with this Home
-
Nima Faghih
N
Seller's Agent in 2023
Nima Faghih
Cluff Real Estate LLC
(480) 252-4576
2 in this area
10 Total Sales
-
Mike Snitz
Buyer's Agent in 2023
Mike Snitz
Realty One Group
(602) 327-2785
1 in this area
126 Total Sales
-
M
Buyer's Agent in 2023
Michael Snitz
eXp Realty
-
M
Seller's Agent in 2022
Michael Hernandez
eXp Realty
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6591220
APN: 112-17-100
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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