Jennifer Taege
Compass
(623) 432-8504
70 Total Sales
2 in Central City
$430K - $841K Price Range
1046 N 25th St Phoenix, AZ 85008
Central City NeighborhoodEstimated Value: $438,012 - $556,000
Studio
3
Baths
1,255
Sq Ft
$375/Sq Ft
Est. Value
Highlights
- Ceramic Tile Flooring
- Desert Landscape
- Heating Available
- Phoenix Coding Academy Rated A
About This Home
As of June 2025Don'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!
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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
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- Parking Available
- Paved Parking
- Assigned Parking
Utilities
- Cooling Available
- Heating Available
- Separate Meters
- Natural Gas Not Available
- Cable TV Available
Additional Features
- Ceramic Tile Flooring
- Desert Landscape
Listing and Financial Details
- REO, home is currently bank or lender owned
- Tenant pays for electricity
- The owner pays for water, sewer, trash collection
- 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
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
Closed on
Jun 1, 2026
Sold by
Desarie Bass and Dynasty 810 Trust
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$399,624
Interest Rate
6.3%
Mortgage Type
Credit Line Revolving
Estimated Equity
$70,629
Purchase Details
Closed on
Oct 27, 2025
Sold by
Zircon Llc
Bought by
Dynasty 810 Trust and Bass
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
Keller Williams Realty Sonoran Living
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
6.49%
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Central City, AZ
-
Jennifer Taege
-
Heather Martin
Heather Martin
eXp Realty
(888) 610-4738
69 Total Sales
1 in Central City
$3,500,000 Price
-
Alvaro Munoz Campa
Alvaro Munoz Campa
Play Realty
(623) 400-7497
55 Total Sales
2 in Central City
$299K - $304K Price Range
-
Kim Panozzo
Kim Panozzo
HomeSmart
(623) 888-8019
882 Total Sales
1 in Central City
$671,000 Price
-
Tasha Goins
Tasha Goins
eXp Realty
(623) 244-5282
70 Total Sales
1 in Central City
$585,000 Price
-
Andrea Garcia
Andrea Garcia
Responds QuicklyKeller Williams Realty Sonoran Living
(623) 900-1696
270 Total Sales
5 in Central City
$250K - $695K Price Range
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 |
|---|---|---|---|
| -- | Magnus Title Agency | ||
| Dynasty 810 Trust | -- | Magnus Title Agency | |
| Zircon Llc | $435,000 | Magnus Title Agency | |
| Greene Street Funding Trust | $2,715,000 | None Listed On Document | |
| Mike Johnson Enterprises Llc | -- | Pioneer Title | |
| Sound Llc | $100,000 | Great American Title Agency | |
| Scott Beverly Esperanza | -- | None Available | |
| Gomez Marvila | -- | None Available | |
| Graham Ruben Philip Salomon | -- | None Available | |
| Braham Saloman R | -- | None Available |
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 |
|---|---|---|---|
| Open | $400,000 | ||
| Previous Owner | Zircon Llc | $385,700 | |
| Previous Owner | Mike Johnson Enterprises Llc | $2,647,710 | |
| Previous Owner | Mike Johnson Az Property Investments Llc | $315,000 | |
| Previous Owner | Mike Johnson Az Property Investments Llc | $245,000 |
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 |
|---|---|---|---|---|
| 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
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 | $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
-
Joseph Mahoney
Seller's Agent in 2025
Joseph Mahoney
JM Realty
(480) 785-5612
3 in this area
69 Total Sales
-
Tashia Dinkins
Buyer's Agent in 2025
Tashia Dinkins
Keller Williams Realty Sonoran Living
(623) 207-9899
2 in this area
29 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6830701
APN: 121-79-128
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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