NOT LISTED FOR SALE

Estimated Value: $416,000 - $468,706

-- Bed
6 Baths
3,030 Sq Ft
$144/Sq Ft Est. Value

Last Sold June 10, 2025

Last sale price $420,000 $139 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,374/month

25 Days on Market

Highlights

  • Cooling Available
  • Vinyl Flooring
  • Individual Controls for Heating
  • Phoenix Coding Academy Rated A

About This Home

As of June 2025

Don't miss out on this fantastic investment opportunity! This three-family home offers excellent potential for value-added improvements, with many upgrades completed in 2020. The property features three rental units: a front single-family home with 4 bedrooms and 1 bathroom, a spacious 2-bedroom, 1-bathroom unit, and a studio apartment, with each unit in a separate building.Well-located, the property benefits from steady rental demand due to its proximity to the medical center and nearby amenities, making it an ideal mid-term rental for traveling nurses.The property can be purchased separately or together with the adjacent three-family at 1046 N 25th St, presenting an incredible investment opportunity. Whether you're a seasoned investor or looking for a value-driven opportunity.

Last Agent to Sell the Property

Joseph Mahoney

JM Realty License #BR561411000 Listed on: 03/17/2025

Last Buyer's Agent

Tashia Dinkins

Pivot Realty LLC License #BR663379000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $854

Year Built

  • Built in 1955

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Vinyl Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Assigned Parking

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 4
  • Assessor Parcel Number 121-79-132-A

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Building Dimensions are 75 x 140
  • Elsinore Subdivision

Building Details

  • Operating Expense $854

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$854

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Cross Street: 24th St & Roosevelt St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1955
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Subdivision Name: ELSINORE
  • Tax Parcel Letter: A
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Assigned, Add'l Parking Avail, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features:Assigned: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: See Remarks
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: See Remarks, No Pool

Association/Amenities

  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 75 x 140
  • Additional Parcels: No
  • Parcel #: 121-79-132-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Annual Operating Expense: 854.0

Tax Info

  • Tax Annual Amount: 854.0
  • Tax Book Number: 121.00
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2025
Sold by
Zircon Llc
Bought by
Dynasty 810 Trust and Bass
Current Estimated Value
$437,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$100,000
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$337,177

Purchase Details

Listed on
Mar 17, 2025
Closed on
May 29, 2025
Sold by
Greene Street Funding Trust Ii Inc and Us Bank National Association
Bought by
Zircon Llc
Seller's Agent
Joseph Mahoney
JM Realty
Buyer's Agent
Tashia Dinkins
Pivot Realty LLC
List Price
$475,900
Sold Price
$420,000
Premium/Discount to List
-$55,900
-11.75%
Views
46

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%
Original Mortgage
$402,500
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2022
Sold by
Mike Johnson Az Property Investments Llc
Bought by
Mike Johnson Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,647,710
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2020
Sold by
Sound Llc
Bought by
Mike Johnson Az Property Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 16, 2020
Sold by
Steinhaus Brenda Garcia and Estate Of Beverly Esperanza Sc
Bought by
South Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 14, 2018
Sold by
Gomez Marvila
Bought by
Scott Beverly Esperanza

Purchase Details

Closed on
Mar 17, 2015
Sold by
Grahan Saloman Robles
Bought by
Gomez Marvila

Purchase Details

Closed on
Dec 2, 2012
Sold by
Scott Esperanza
Bought by
Graham Ruben Philip Salomon

Purchase Details

Closed on
Jan 26, 2012
Sold by
Graham Ruben Philip Salomon
Bought by
Graham Saloman R

Purchase Details

Closed on
Mar 28, 2000
Sold by
Scott Don
Bought by
Scott Esperanza

Purchase Details

Closed on
Mar 31, 1998
Sold by
Blesich Venture I
Bought by
Scott Donald and Scott Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
10.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 19, 1997
Sold by
Blesich Venture I
Bought by
Scott Donald and Scott Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,950
Interest Rate
10.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 28, 1993
Sold by
Schaller Estate
Bought by
Blesich Venture I
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
Dynasty 810 Trust -- Magnus Title Agency
Zircon Llc $420,000 Magnus Title Agency
Mike Johnson Enterprises Llc -- Pioneer Title
Mike Johnson Az Property Investments Llc $300,000 Great American Title Agency
South Llc $100,000 Great American Title Agency
Scott Beverly Esperanza -- None Available
Gomez Marvila -- None Available
Graham Ruben Philip Salomon -- None Available
Graham Saloman R -- None Available
Scott Esperanza -- --
Scott Donald $50,000 Fidelity Title
Scott Donald $48,500 Fidelity Title
Blesich Venture I $61,700 Fidelity Natl Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dynasty 810 Trust $100,000
Previous Owner Zircon Llc $402,500
Previous Owner Mike Johnson Enterprises Llc $2,647,710
Previous Owner Mike Johnson Az Property Investments Llc $375,000
Previous Owner Scott Donald $35,000
Previous Owner Scott Donald $33,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2025 06/10/25 Sold $420,000 -11.7% $139 / Sq Ft
06/07/2025 06/07/25 Price Changed $475,900 0.0% $157 / Sq Ft
06/03/2025 06/03/25 Price Changed $475,900 0.0% $157 / Sq Ft
04/11/2025 04/11/25 Pending -- -- --
04/09/2025 04/09/25 Pending -- -- --
03/17/2025 03/17/25 For Sale $475,900 -- $157 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

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 $887 $6,568 -- --
2024 $844 $6,255 -- --
2023 $844 $40,430 $8,080 $32,350
2022 $811 $29,280 $5,850 $23,430
2021 $831 $19,210 $3,840 $15,370
2020 $810 $16,080 $3,210 $12,870
2019 $805 $12,800 $2,560 $10,240
2018 $788 $10,170 $2,030 $8,140
2017 $758 $10,350 $2,070 $8,280
2016 $728 $8,320 $1,660 $6,660
2015 $678 $6,510 $1,300 $5,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6836775

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-79-132A