NOT LISTED FOR SALE

1026 E Mckinley St Phoenix, AZ 85006

Garfield Neighborhood

Estimated Value: $543,000 - $970,000

8 Beds
4 Baths
700 Sq Ft
$1,124/Sq Ft Est. Value

Sale Details

Date Sold: October 26, 2012

Last sale price $117,500 $168 Per Sq Ft

Est. 570% increase in value since last sale

Current estimated payment $4,389 / mo

100 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Painted or Stained Flooring

About This Home

As of October 2012

Not a short sale or foreclosure!Near downtown and local art district. Easy access to I-10 freeway. Three of the four units are currently rented for $450/month. New tool shed and gazebo on property as well. Great investment property in an up and coming location.

Last Agent to Sell the Property

Darek Dowsett

HomeSmart License #SA626898000 Listed on: 06/14/2012

HomeSmart

Last Buyer's Agent

Darek Dowsett

HomeSmart License #SA626898000 Listed on: 06/14/2012

HomeSmart

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 6,882

Parking

  • On-Street Parking

Home Design

  • Built-Up Roof
  • Block Exterior

Kitchen

  • Oven or Range
  • Free-Standing Electric Oven

Flooring

  • Painted or Stained Flooring
  • Carpet
  • Ceramic Tile

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • $1,345 per year Dock Fee
  • 4 Units
  • Building Dimensions are .16 acres

Listing and Financial Details

  • Tenant pays for cable TV, electric
  • The owner pays for trash collection, water

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

6,882 Sq Ft Lot

Listing Details

  • Tax Municipality: Phoenix
  • Appliances Included: F/S Oven/Range, Refrigerator
  • Construction Finish: Painted
  • Cross Street: Roosevelt and 7th Street
  • Floors: Carpet, Ceramic Tile
  • Legal Info Lot Number: 4
  • Legal Info Range: 3E
  • Legal Info Section: 4
  • Legal Info Township: 1N
  • Roads Streets: Asphalt
  • Property Type: F
  • Hundred Block: 800
  • Marketing Name: HIGHLAND ADD
  • Ownership: Fee Simple
  • Map Code Grid: Q34
  • Year Built: 1986
  • Tax Year: 2011
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Fire/Smoke Alarm(s), Unfurnished

Exterior Features

  • Exterior Amenities: Fenced
  • Roofing: Built-Up
  • Construction: Block

Garage/Parking

  • Parking: Street Parking

Utilities

  • Water: City Franchise
  • Electric: SRP
  • Cooling: Electric
  • Heating: Heat Pump

Condo/Co-op/Association

  • Community Amenities: No Pool, See Remarks

Lot Info

  • Lot Size: .16 acres

Multi Family

  • Income And Expenses Net Operating Income: 1350.00
  • Income And Expenses Operating Exp: 1345.00
  • Income And Expenses Totl Mnth Rntal Inc: 1350.00
  • Number Of Two Bedroom Units: 4
  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Cable TV, Electric
  • Total Numberof Buildings: 2
  • Total Numberof Units: 4.00
  • Two Bedroom Units Avg Rent: 450.00
  • Two Bedroom Units Avg Sq Ft: 700
  • Two Bedroom Units Baths: 1

Tax Info

  • Taxes: 1345.00

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
Jun 14, 2012
Closed on
Oct 24, 2012
Sold by
Bought by
Seller's Agent
Darek Dowsett
HomeSmart
Buyer's Agent
Darek Dowsett
HomeSmart
List Price
$135,000
Sold Price
$117,500
Premium/Discount to List
-$17,500
-12.96%
Current Estimated Value
$787,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$670,257
Avg. Annual Appreciation
14.87%
Original Mortgage
$88,100
Interest Rate
0.035%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,500
Interest Rate
0.0494%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,500
Interest Rate
0.0494%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
0.0525%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
0.0587%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 1998
Sold by
Bought by

Purchase Details

Closed on
Nov 1, 1996
Sold by
Bought by
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

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
$117,500 Magnus Title Agency
$118,000 Security Title Agency
$43,500 None Available
$235,000 --
$217,500 First American Title Ins Co
-- --
$57,500 Chicago Title Insurance Co
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
Closed $88,100
Closed $33,500
Closed $33,500
Closed $164,500
Closed $174,000
Closed $105,000
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
10/26/2012 10/26/12 Sold $117,500 -13.0% $168 / Sq Ft
09/22/2012 09/22/12 Pending -- -- --
06/14/2012 06/14/12 For Sale $135,000 -- $193 / 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 $1,602 $11,275 -- --
2024 $1,493 $10,738 -- --
2023 $1,493 $45,580 $9,110 $36,470
2022 $1,440 $31,650 $6,330 $25,320
2021 $1,429 $26,900 $5,380 $21,520
2020 $1,446 $20,000 $4,000 $16,000
2019 $1,443 $16,560 $3,310 $13,250
2018 $1,419 $15,760 $3,150 $12,610
2017 $1,386 $13,650 $2,730 $10,920
2016 $1,346 $11,180 $2,230 $8,950
2015 $1,246 $10,280 $2,050 $8,230
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Darek Dowsett

    HomeSmart

    (480) 773-3213

    9 Total Sales

    Darek Dowsett
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4774580

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-27-028

Arizona Maricopa County Phoenix 85006 Garfield

1026 E Mckinley St, Phoenix, AZ

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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