NOT LISTED FOR SALE

Estimated Value: $381,000 - $551,000

Studio
-- Bath
960 Sq Ft
$489/Sq Ft Est. Value

Last Sold August 15, 2023

Last sale price $650,000 $677 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $2,731/month

426 Days on Market

Highlights

  • Multiple cooling system units
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Phoenix Coding Academy Rated A

About This Home

As of August 2023

If you desire to obtain a stabilized 4 plex-HERE it is. New landscaping and a several other upgrades have been completed. ALL tenants have washers and dryers along with private backyards. Ceramic tile floors and Dual Pane windows. Buyer to verify ALL facts and figures.
Washer and Dryer in each unit
Individually metered for Electric
Individual Air Conditioners
Private Fenced Backyard
Wood Grained Tile
2 in faux wood blinds
New Landscaping

Last Agent to Sell the Property

Linda Gerchick

Gerchick Real Estate License #BR114848000 Listed on: 02/28/2022

Last Buyer's Agent

Aaron Remer

Coldwell Banker Realty License #SA580546000

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $604

Year Built

  • Built in 1953

Home Design

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

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 5 Parking Spaces
  • Carport
  • On-Street Parking

Schools

  • William R Sullivan Elementary School
  • Carl Hayden High School

Utilities

  • Multiple cooling system units
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heat Pump System
  • Individual Controls for Heating
  • Window Unit Heating System

Listing and Financial Details

  • The owner pays for gas, trash collection, water, sewer
  • Legal Lot and Block 1 / 2
  • Assessor Parcel Number 109-38-002

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 69 x 113
  • Wormsers Addition Block 4 Subdivision

Building Details

  • Operating Expense $9,144
  • Gross Income $51,740
  • Net Operating Income $42,596

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$604

Year Built

Built in 1953

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 33rd Avenue and McDowell
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1953
  • Tax Year: 2022
  • Professional Management Expense: 2880.0
  • Subdivision Name: WORMSERS ADDITION BLOCK 4
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: Free-Standing Range, Refrigerator, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: 1 Space/Unit, On Street, Carport
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking Features:Carport: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central Air, Window/Wall Unit, Electric, Individual, 2 or More Units
  • Heating: Individual, Central, Heat Pump, Window/Wall Unit(s), Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes
  • Heating:WindowWall Unit(s): Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes

Fee Information

  • Annual Water Sewer Expense: 2400.0

Schools

  • Elementary School: William R Sullivan Elementary School
  • High School: Carl Hayden High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: William R Sullivan Elementary School

Lot Info

  • Lot Size: 69 x 113
  • Additional Parcels: No
  • Parcel #: 109-38-002

Multi Family

  • Owner Pays: Gas, Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 51739.8
  • Insurance Expense: 1060.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 42596.0
  • Annual Operating Expense: 9144.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 604.0
  • Tax Block: 2
  • Tax Book Number: 109.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2026
Sold by
Pennymac Loan Services Llc
Bought by
Secretary Of Veterans Affairs
Current Estimated Value
$514,223

Purchase Details

Closed on
Dec 4, 2025
Sold by
Trustee Corps and Mtc Financial Inc
Bought by
Pennymac Loan Services Llc

Purchase Details

Listed on
Feb 28, 2022
Closed on
Aug 16, 2023
Sold by
Kim Kil Dal and Kim Grace
Bought by
Bot Benjamin
Seller's Agent
Linda Gerchick
Gerchick Real Estate
Buyer's Agent
Aaron Remer
Coldwell Banker Realty
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%
Views
131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.79%
Original Mortgage
$663,975
Interest Rate
6.81%
Mortgage Type
VA

Purchase Details

Listed on
Dec 29, 2020
Closed on
Feb 23, 2021
Sold by
Klg Investments Llc
Bought by
Kim Kil Dal and Kim Grace
Seller's Agent
Keith Grayson
Grayson Real Estate
Buyer's Agent
Linda Gerchick
Gerchick Real Estate
List Price
$450,000
Sold Price
$445,000
Premium/Discount to List
-$5,000
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.58%
Original Mortgage
$333,750
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2020
Sold by
Hasanoff Eric
Bought by
Klg 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
$280,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 11, 2017
Closed on
Aug 9, 2017
Sold by
Schnerch Calvin G and Schnerch Janis D
Bought by
Hasanoff Eric
Seller's Agent
Sophia Baron
Get Multifamily
Buyer's Agent
Sophia Baron
Get Multifamily
List Price
$179,900
Sold Price
$170,000
Premium/Discount to List
-$9,900
-5.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.62%
Original Mortgage
$120,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 1999
Sold by
Harrison Edward E and Harrison Ruth
Bought by
Erickson Janis D and Schnerch Calvin G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 1995
Sold by
Woodfork Joe Walter and Woodfork Doris Ray
Bought by
Harrison Edward E and Harrison Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,500
Interest Rate
7.61%
Mortgage Type
Seller Take Back
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 Buyer Sale Price Title Company
Secretary Of Veterans Affairs -- None Listed On Document
Pennymac Loan Services Llc $462,275 Accommodation/Courtesy Recordi
Bot Benjamin $650,000 Empire Title Agency
Kim Kil Dal $445,000 Empire West Title Agency Llc
Klg Investments Llc $250,000 Dhi Title Agency
Hasanoff Eric $170,000 Chicago Title Agency Inc
Erickson Janis D $60,000 Capital Title Agency Inc
Harrison Edward E $32,500 United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bot Benjamin $663,975
Previous Owner Kim Kil Dal $333,750
Previous Owner Klg Investments Llc $280,000
Previous Owner Hasanoff Eric $120,000
Previous Owner Erickson Janis D $48,000
Previous Owner Harrison Edward E $27,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2023 08/15/23 Sold $650,000 0.0% $677 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
04/22/2023 04/22/23 Off Market $650,000 -- --
03/07/2023 03/07/23 Price Changed $665,000 -1.5% $693 / Sq Ft
03/03/2023 03/03/23 For Sale $675,000 0.0% $703 / Sq Ft
02/26/2023 02/26/23 Pending -- -- --
09/10/2022 09/10/22 Price Changed $675,000 -6.9% $703 / Sq Ft
08/15/2022 08/15/22 Price Changed $725,000 -3.3% $755 / Sq Ft
04/29/2022 04/29/22 Price Changed $750,000 -6.3% $781 / Sq Ft
02/25/2022 02/25/22 For Sale $800,000 +79.8% $833 / Sq Ft
02/26/2021 02/26/21 Sold $445,000 -1.1% $464 / Sq Ft View Prior Sale
01/08/2021 01/08/21 Pending -- -- --
12/29/2020 12/29/20 For Sale $450,000 +164.7% $469 / Sq Ft
08/31/2017 08/31/17 Sold $170,000 -5.5% $177 / Sq Ft View Prior Sale
07/10/2017 07/10/17 For Sale $179,900 -- $187 / 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 $656 $5,246 -- --
2024 $630 $4,997 -- --
2023 $630 $27,060 $5,410 $21,650
2022 $604 $17,860 $3,570 $14,290
2021 $639 $15,960 $3,190 $12,770
2020 $618 $13,780 $2,750 $11,030
2019 $611 $11,980 $2,390 $9,590
2018 $599 $9,730 $1,940 $7,790
2017 $576 $8,860 $1,770 $7,090
2016 $584 $6,230 $1,240 $4,990
2015 $544 $5,450 $1,090 $4,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6360595

Arizona Regional Multiple Listing Service (ARMLS)

APN: 109-38-002

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