NOT LISTED FOR SALE

1024 S 4th Ave Phoenix, AZ 85003

Central City Neighborhood

Estimated Value: $533,000 - $833,077

Studio
1 Bath
2,024 Sq Ft
$351/Sq Ft Est. Value

Last Sold June 03, 2016

Last sale price $55,000 $27 Per Sq Ft

Est. 1,193% increase in value since last sale

Current estimated payment $4,017/month

134 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • 3-minute walk to Harmon Park
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of June 2016

Great opportunity on this centrally located property!With multi-dwelling classification, this has lots of potential to become your income producer. Lots of space and rooms to design and use your own taste. Cash

Last Agent to Sell the Property

Angel Almazan

DeLex Realty License #SA650039000 Listed on: 01/13/2016

DeLex Realty

Last Buyer's Agent

Daniel Enriquez

Six Zero Two Real Estate Group LLC License #BR639703000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $444

Year Built

  • Built in 1931

Lot Details

  • 6,490

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Concrete Flooring

Parking

  • 2 Open Parking Spaces
  • 3 Parking Spaces
  • 1 Covered Space
  • Common or Shared Parking

Schools

  • Lowell Elementary School - Phoenix
  • Central High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 13,14 / 40
  • Assessor Parcel Number 112-17-113

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 6500
  • Montgomery Add Amd Blks 75, 83, 84, 91, 99 102 Subdivision

Building Details

  • Operating Expense $444

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$444

Year Built

Built in 1931

Lot Details

6,490 Sq Ft Lot

Listing Details

  • Cross Street: 4th Ave and Buckeye Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R2, MINIMUM
  • Number Of Buildings: 2
  • Year Built: 1931
  • Tax Year: 2015
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: MONTGOMERY ADD AMD BLKS 75, 83, 84, 91, 99-102
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Frame - Wood
  • Roof: See Remarks, Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 3.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:Carport: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Condo/Co-op/Association

  • Community Features: No Pool
  • Amenities: Other

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: Lowell Elementary School - Phoenix
  • High School: Central High School

Lot Info

  • Lot Size: 6500
  • Additional Parcels: No
  • Parcel #: 112-17-113

Multi Family

  • Owner Pays: None
  • Tenant Pays: None
  • Number Of Units Total: 3
  • Annual Operating Expense: 444.0

Tax Info

  • Tax Annual Amount: 444.0
  • Tax Block: 40
  • Tax Book Number: 112.00
  • Tax Lot: 13,14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2020
Sold by
Arvizu Abraham Eslava
Bought by
Barkan Twin Homes 1024 Llc
Current Estimated Value
$711,019

Purchase Details

Listed on
Jan 13, 2016
Closed on
May 27, 2016
Sold by
Ramirez Adelina Gonzalez
Bought by
Arvizu Abraham Slava
Seller's Agent
Angel Almazan
DeLex Realty
Buyer's Agent
Daniel Enriquez
Six Zero Two Real Estate Group LLC
List Price
$79,000
Sold Price
$55,000
Premium/Discount to List
-$24,000
-30.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.02%

Purchase Details

Closed on
Oct 5, 2011
Sold by
Central Holdigs Llc
Bought by
Ramirez Adelina Gonzalez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,449
Interest Rate
4.16%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 18, 2011
Sold by
Lerma Rosario B
Bought by
Central Holdings Llc

Purchase Details

Closed on
Jul 15, 1998
Sold by
Martinez Frank M
Bought by
Lerma Rosario B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Barkan Twin Homes 1024 Llc $70,000 Magnus Title Agency
Arvizu Abraham Slava $55,000 Precision Title Agency Inc
Ramirez Adelina Gonzalez $35,000 Security Title Agency
Central Holdings Llc $13,200 Great American Title Agency
Lerma Rosario B -- Stewart Title & Trust
Lerma Rosario B $52,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramirez Adelina Gonzalez $33,449
Previous Owner Lerma Rosario B $39,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2016 06/03/16 Sold $55,000 -30.4% $27 / Sq Ft
01/11/2016 01/11/16 For Sale $79,000 -- $39 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $4,375 $30,799 -- --
2024 $4,079 $29,332 -- --
2023 $4,079 $49,010 $9,800 $39,210
2022 $529 $9,270 $9,270 $0
2021 $525 $8,340 $8,340 $0
2020 $531 $7,425 $7,425 $0
2019 $531 $5,070 $5,070 $0
2018 $505 $8,030 $1,600 $6,430
2017 $494 $6,050 $1,210 $4,840
2016 $479 $5,870 $1,170 $4,700
2015 $444 $4,000 $800 $3,200
Source: Public Records

Agents Affiliated with this Home

  • Angel Almazan

    Seller's Agent in 2016

    Angel Almazan

    DeLex Realty

    (602) 500-2123

    69 Total Sales

    Angel Almazan
    Section Image
  • Daniel Enriquez

    Buyer's Agent in 2016

    Daniel Enriquez

    Six Zero Two Real Estate Group LLC

    (623) 326-2253

    32 Total Sales

    Daniel Enriquez
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5382589

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-17-113

Arizona Maricopa County Phoenix 85003 Central City

1024 S 4th Ave, 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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