$435,000
SOLD JUN 10, 2025
-- Bed
-- Bath
1,255 Sq Ft
1965 Built

Recently Sold

$347 Per Sq Ft

9% Below List Price

37 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • 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 great potential for value-added improvements, with many upgrades completed in 2020. The property includes three rental units: a front single-family home with 2 bedrooms and 1 bathroom, and a rear duplex with two spacious 1-bedroom, 1-bathroom units.

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 in conjunction with the adjacent three-family at 1038 N 25th St, offering an incredible investment opportunity. Whether you're a seasoned investor or looking for a value-driven opportunity, this property is a must-see!

Last Agent to Sell the Property

Joseph Mahoney

JM Realty License #BR561411000 Listed on: 03/05/2025

Last Buyer's Agent

Tashia Dinkins

Pivot Realty LLC License #BR663379000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $798

Year Built

  • Built in 1965

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Built-Up Roof
  • Block Exterior
  • Stucco

Flooring

  • Concrete
  • Ceramic Tile
  • Vinyl

Parking

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

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 2
  • Assessor Parcel Number 121-79-128

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 76 x 140
  • Elsinore Subdivision

Building Details

  • Operating Expense $798

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$798

Year Built

Built in 1965

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Roosevelt & 24th St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1965
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Subdivision Name: ELSINORE
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl, Concrete
  • Appliances: Other
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Other, Paved, Assigned, 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
  • Parking Features:Paved2: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: See Remarks

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 76 x 140
  • Additional Parcels: No
  • Parcel #: 121-79-128

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Annual Operating Expense: 798.0

Tax Info

  • Tax Annual Amount: 798.0
  • Tax Book Number: 121.00
  • Tax Lot: 2

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
$468,230

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
$99,813
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$368,417

Purchase Details

Listed on
Mar 5, 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
$435,000
Premium/Discount to List
-$40,900
-8.59%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.17%
Original Mortgage
$385,700
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2025
Sold by
Mike Johnson Enterprises Llc
Bought by
Greene Street Funding Trust and Us Bank National Association

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

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
Braham Ruben Philip Saloman
Bought by
Braham Saloman R
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Magnus Title Agency
Warranty Deed $435,000 Magnus Title Agency
Trustee Deed $2,715,000 None Listed On Document
Warranty Deed -- Pioneer Title
Warranty Deed $100,000 Great American Title Agency
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 New Conventional
Previous Owner $385,700 New Conventional
Previous Owner $2,647,710 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2025 06/10/25 Sold $435,000 -8.6% $347 / Sq Ft
06/07/2025 06/07/25 Price Changed $475,900 0.0% $379 / Sq Ft
06/03/2025 06/03/25 Price Changed $475,900 0.0% $379 / Sq Ft
04/11/2025 04/11/25 Pending -- -- --
04/09/2025 04/09/25 Pending -- -- --
03/05/2025 03/05/25 For Sale $475,900 -- $379 / 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 $829 $6,140 -- --
2024 $789 $5,848 -- --
2023 $789 $30,430 $6,080 $24,350
2022 $758 $22,330 $4,460 $17,870
2021 $777 $18,200 $3,640 $14,560
2020 $758 $15,170 $3,030 $12,140
2019 $752 $11,980 $2,390 $9,590
2018 $737 $9,520 $1,900 $7,620
2017 $708 $9,680 $1,930 $7,750
2016 $681 $7,770 $1,550 $6,220
2015 $634 $6,220 $1,240 $4,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6830701

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-79-128

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