NOT LISTED FOR SALE

Estimated Value: $403,000 - $1,186,000

Studio
6 Baths
1,659 Sq Ft
$427/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $610,000 $368 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,888/month

46 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Ceiling Fan
  • 4-minute walk to Harmon Park

About This Home

As of August 2022

Fabulous new construction duplex. Separate 2 car garages Beautifully design quartz countertops, stainless steel appliances and stackable washer and dryer included. A real must see. Each unit is a 2 bedrooms and 1 bathrooms and inside laundries and with a beautiful balcony. Separate Electric and water Meters, Live in one and rent the other out or rent them both. No HOA fees here! Conveniently located in downtown Phoenix walking distance to Chase Field, Footprint Center, great restaurant and local night life -A rapidly growing HOT AREA ! Easy access to all major freeways. WOW! VERY UNIQUE

Last Agent to Sell the Property

Maria Guerrero

Realty ONE Group License #SA690835000 Listed on: 06/02/2022

Last Buyer's Agent

Daniella Lamis

Realty ONE Group License #SA677003000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $434

Year Built

  • Built in 2021

Lot Details

  • 6,490

Home Design

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

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Covered Spaces

Schools

  • Lowell Elementary School
  • Lowell Middle School
  • Central High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • The owner pays for landscaping
  • Tax Lot 21
  • Assessor Parcel Number 112-17-164

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 50FT WIDE 130 FT LONG

Building Details

  • Operating Expense $434
  • Gross Income $43,200
  • Net Operating Income $40,177

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$434

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Cross Street: CENTRAL & BUCKEYE
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 2021
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Garage Yn: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Built-In Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: <1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features:Garage: Yes

Utilities

  • Electric: APS
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Schools

  • Elementary School: Lowell Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Lowell School

Lot Info

  • Lot Size: 50FT WIDE 130 FT LONG
  • Additional Parcels: No
  • Parcel #: 112-17-164

Multi Family

  • Owner Pays: Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 43200.0
  • Property Net Operating Income: 40177.0
  • Annual Operating Expense: 434.0

Tax Info

  • Tax Annual Amount: 434.0
  • Tax Book Number: 112.00
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2024
Sold by
Munnangi Sreenivasa R
Bought by
Snrcaz Llc
Current Estimated Value
$708,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Outstanding Balance
$440,374
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$267,960

Purchase Details

Closed on
Oct 15, 2024
Sold by
Snrcaz Llc
Bought by
Munnangi Sreenivasa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Outstanding Balance
$440,374
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$267,960

Purchase Details

Closed on
Feb 10, 2023
Sold by
Munnangi Sreenivasa R
Bought by
Snrcaz Llc

Purchase Details

Listed on
Jun 2, 2022
Closed on
Aug 1, 2022
Sold by
Dc4 Developments Llc
Bought by
Munnangi Sreenivasa R
Seller's Agent
Maria Guerrero
Realty ONE Group
Buyer's Agent
Daniella Lamis
Realty ONE Group
List Price
$624,800
Sold Price
$610,000
Premium/Discount to List
-$14,800
-2.37%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.48%
Original Mortgage
$457,500
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2021
Sold by
Memorial Key Llc
Bought by
Dc4 Developments Llc

Purchase Details

Closed on
Aug 21, 2014
Sold by
Vhs Of South Phoenix Inc
Bought by
Memorial Key Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,500,000
Interest Rate
4.12%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 2001
Sold by
Pmh Health Services Network
Bought by
Vhs Of South Phoenix Inc
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
Snrcaz Llc -- --
Munnangi Sreenivasa R -- Navi Title Agency
Snrcaz Llc -- --
Munnangi Sreenivasa R $610,000 New Title Company Name
Dc4 Developments Llc $180,000 Wfg National Title Ins Co
Memorial Key Llc $5,580,000 Chicago Title Agency
Vhs Of South Phoenix Inc $9,775,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munnangi Sreenivasa R $445,000
Previous Owner Munnangi Sreenivasa R $457,500
Previous Owner Memorial Key Llc $7,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2022 08/19/22 Sold $610,000 -2.4% $368 / Sq Ft
08/15/2022 08/15/22 Price Changed $624,700 0.0% $377 / Sq Ft
07/16/2022 07/16/22 Pending -- -- --
07/14/2022 07/14/22 Price Changed $624,700 0.0% $377 / Sq Ft
07/08/2022 07/08/22 For Sale $624,800 +2.4% $377 / Sq Ft
07/06/2022 07/06/22 Off Market $610,000 -- --
07/06/2022 07/06/22 Price Changed $624,800 0.0% $377 / Sq Ft
06/30/2022 06/30/22 Price Changed $624,900 0.0% $377 / Sq Ft
06/25/2022 06/25/22 Price Changed $625,000 -3.8% $377 / Sq Ft
06/14/2022 06/14/22 Price Changed $649,900 -7.1% $392 / Sq Ft
05/31/2022 05/31/22 For Sale $699,900 -- $422 / 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 $2,202 $16,466 -- --
2024 $2,181 $15,682 -- --
2023 $2,181 $27,450 $5,490 $21,960
2022 $2,103 $21,230 $4,240 $16,990
2021 $429 $8,340 $8,340 $0
2020 $434 $7,425 $7,425 $0
2019 $434 $4,350 $4,350 $0
2018 $426 $3,105 $3,105 $0
2017 $416 $2,700 $2,700 $0
2016 $404 $2,520 $2,520 $0
2015 $399 $2,688 $2,688 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6409023

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-17-164