1106 E Pima St Phoenix, AZ 85034
Central City NeighborhoodEstimated Value: $283,000 - $372,000
5
Beds
1
Bath
1,759
Sq Ft
$182/Sq Ft
Est. Value
Highlights
- Cooling System Mounted To A Wall/Window
- Ceramic Tile Flooring
- Heating System Uses Natural Gas
- Phoenix Coding Academy Rated A
About This Home
As of October 2020Cash flowing value add duplex in the booming downtown Phoenix area. 2 detached homes, Front house 4 bedroom 2 bath new roof 2019 tenant has lived at the property 5+ years window ac units current rent $825. Back house 2 bedroom 1 bath tenant lived at the property several years and has brand new central AC unit, current rent $725. Check the rental prices in the area, major upside for the savvy investor. Both tenants on month to month leases and currently split the water bill themselves. Sale is as is, seller will make no repairs.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $478
Year Built
- Built in 1949
Lot Details
- 6,490
Home Design
- Wood Frame Construction
- Composition Roof
- Block Exterior
- Stucco
Flooring
- Ceramic Tile Flooring
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Schools
- Silvestre S Herrera Elementary School
- Phoenix Prep Academy Middle School
- North High School
Utilities
- Cooling System Mounted To A Wall/Window
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Tenant pays for gas, electricity, water, sewer, landscaping
- Tax Lot 44
- Assessor Parcel Number 115-43-091
Community Details
Overview
- 2 Buildings
- 2 Units
- Building Dimensions are 127X51
- Lincoln Park Subdivision
Building Details
- Operating Expense $478
- Gross Income $18,600
- Net Operating Income $18,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 3, 2020
Closed on
Oct 16, 2020
Sold by
Mccullough Codie and Mccullough Sean
Bought by
Vasquez Jose P and Vasquez Kerri A
Seller's Agent
Andrew Jonovich
Realty85
Buyer's Agent
Kerri Vasquez
Camelback Executive Realtors
List Price
$210,000
Sold Price
$213,000
Premium/Discount to List
$3,000
1.43%
Total Days on Market
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,014
Avg. Annual Appreciation
9.34%
Original Mortgage
$149,100
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 23, 2020
Sold by
Vasquez Jose and Vasquez Kerri
Bought by
Baino Llc
Purchase Details
Listed on
Apr 27, 2019
Closed on
Jun 26, 2019
Sold by
Titanium Investments Llc
Bought by
Mccullough Scan and Mccullough Codie
Seller's Agent
Jeremy Demers
Zion Realty, LLC
Buyer's Agent
Andrew Jonovich
Realty85
List Price
$154,900
Sold Price
$154,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.09%
Original Mortgage
$116,175
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 24, 2018
Sold by
Galan Ignacio Ayala and Vazquez Carmen
Bought by
Titanium 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
$97,000
Interest Rate
4.5%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Dec 2, 2015
Sold by
Agr Investments Llc
Bought by
Galan Ignacio Ayala and Vazquez Carmen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,500
Interest Rate
3.71%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 26, 2014
Sold by
Spencers Investing Llc
Bought by
1106 E Pima Llc
Purchase Details
Closed on
Sep 26, 2012
Sold by
King Ann
Bought by
Spencers Ivesting Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 12, 2012
Sold by
Bakerson Llc
Bought by
King Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
3.84%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Apr 9, 2012
Sold by
Halbert Daniel S
Bought by
Bakerson Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
3.84%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jun 1, 2011
Sold by
Fannie Mae
Bought by
Ozvest Inc
Purchase Details
Closed on
Feb 23, 2011
Sold by
Shaw Lee B and Shaw Tracey D
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Feb 8, 2007
Sold by
Shaw Lee B
Bought by
Shaw Lee B and Shaw Tracey D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,600
Interest Rate
6.17%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Jul 21, 2005
Sold by
Shaw Tracey D
Bought by
Shaw Lee B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.46%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jan 19, 2005
Sold by
Leon Hector and Romo Silvia
Bought by
Better Choice Investments Llc
Purchase Details
Closed on
Jan 29, 2004
Sold by
Guerrero Jeff and Guerrero Karen
Bought by
Leon Hector and Romo Silvia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
11.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 3, 2003
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Guerrero Jeff and Guerrero Karen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 18, 2002
Sold by
Bank Of America N A
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Jan 18, 2001
Sold by
Desert Sky Acquisitions Llc
Bought by
Urquidez Michael and Hanamaikai Janelle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,500
Interest Rate
6.97%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 27, 2000
Sold by
Diaz Anna Marie Robles and Diaz Anna Marie R
Bought by
Desert Sky Acquisitions Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,500
Interest Rate
8.2%
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Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vasquez Jose P | $213,000 | Driggs Title Agency Inc | |
| Baino Llc | -- | Accommodation | |
| Mccullough Scan | $154,900 | Driggs Title Agency Inc | |
| Titanium Investments Llc | $103,000 | Driggs Title Agency Inc | |
| Galan Ignacio Ayala | $106,000 | Security Title Agency Inc | |
| Agr Investments Llc | $80,000 | Security Title Agency Inc | |
| 1106 E Pima Llc | -- | Chicago Title Agency Inc | |
| Spencers Ivesting Llc | $47,500 | Chicago Title Agency Inc | |
| King Ann | $35,000 | Security Title Agency | |
| Bakerson Llc | -- | Security Title Agency | |
| Halbert Daniel S | -- | Security Title Agency | |
| Halbert Daniel S | $23,000 | Security Title Agency | |
| Ozvest Inc | $34,000 | Stewart Title & Trust Of Pho | |
| Federal National Mortgage Association | $202,467 | None Available | |
| Shaw Lee B | -- | North American Title Co | |
| Shaw Lee B | -- | North American Title Co | |
| Shaw Lee B | $160,000 | North American Title Co | |
| Better Choice Investments Llc | -- | -- | |
| Leon Hector | -- | Guaranty Title Agency | |
| Guerrero Jeff | $40,000 | First American Title Ins Co | |
| Federal Home Loan Mortgage Corporation | -- | -- | |
| Bank Of America N A | $58,950 | -- | |
| Urquidez Michael | $79,900 | Security Title Agency | |
| Desert Sky Acquisitions Llc | $31,500 | Security Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Vasquez Jose P | $149,100 | |
| Previous Owner | Mccullough Scan | $116,175 | |
| Previous Owner | Ttitanium Investments Llc | $97,000 | |
| Previous Owner | Titanium Investments Llc | $97,000 | |
| Previous Owner | Galan Ignacio Ayala | $79,500 | |
| Previous Owner | Spencers Ivesting Llc | $45,000 | |
| Previous Owner | King Ann | $12,000 | |
| Previous Owner | Shaw Lee B | $173,600 | |
| Previous Owner | Shaw Lee B | $112,000 | |
| Previous Owner | Leon Hector | $75,000 | |
| Previous Owner | Guerrero Jeff | $55,000 | |
| Previous Owner | Urquidez Michael | $77,500 | |
| Previous Owner | Desert Sky Acquisitions Llc | $28,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/30/2020 10/30/20 | Sold | $213,000 | +1.4% | $121 / Sq Ft |
| 10/21/2020 10/21/20 | Price Changed | $210,000 | 0.0% | $119 / Sq Ft |
| 09/15/2020 09/15/20 | Pending | -- | -- | -- |
| 09/03/2020 09/03/20 | For Sale | $210,000 | +35.6% | $119 / Sq Ft |
| 06/28/2019 06/28/19 | Sold | $154,900 | 0.0% | $88 / Sq Ft |
| 06/05/2019 06/05/19 | For Sale | $154,900 | 0.0% | $88 / Sq Ft |
| 06/05/2019 06/05/19 | Price Changed | $154,900 | 0.0% | $88 / Sq Ft |
| 04/26/2019 04/26/19 | For Sale | $154,900 | -- | $88 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $557 | $4,169 | -- | -- |
| 2024 | $552 | $3,971 | -- | -- |
| 2023 | $552 | $21,000 | $4,200 | $16,800 |
| 2022 | $532 | $14,330 | $2,860 | $11,470 |
| 2021 | $528 | $10,700 | $2,140 | $8,560 |
| 2020 | $535 | $8,980 | $1,790 | $7,190 |
| 2019 | $478 | $7,830 | $1,560 | $6,270 |
| 2018 | $525 | $7,370 | $1,470 | $5,900 |
| 2017 | $512 | $6,350 | $1,270 | $5,080 |
| 2016 | $498 | $5,730 | $1,140 | $4,590 |
| 2015 | $460 | $4,810 | $960 | $3,850 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew Jonovich
A
Seller's Agent in 2020
Andrew Jonovich
Realty85
(602) 510-5741
11 in this area
48 Total Sales
-
K
Buyer's Agent in 2020
Kerri Vasquez
Camelback Executive Realtors
(602) 751-6815
-
Jeremy Demers
J
Seller's Agent in 2019
Jeremy Demers
Zion Realty, LLC
(480) 290-5880
21 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6127097
APN: 115-43-091
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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