NOT LISTED FOR SALE

Estimated Value: $707,000 - $1,128,228

4 Beds
-- Bath
1,768 Sq Ft
$540/Sq Ft Est. Value

Last Sold January 18, 2023

Last sale price $1,050,000 $594 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $5,418/month

32 Days on Market

Highlights

  • Cooling Available
  • Individual Controls for Heating
  • 5-minute walk to Verde Park
  • Phoenix Coding Academy Rated A

About This Home

As of January 2023

4 Units, Built in 1983, Garden-Style Property, Renovated in 2022. All One-Bedroom / One-Bathroom Units. Private Patios Behind Each Unit Boast Ample Space & Include Washer/Dryer Rooms. Renovated & Completely Modernized. New Flooring, Cabinets, Countertops, and Stainless Steel Appliances. Located in the Popular Garfield Historic District, Minutes from Downtown
Individually Metered for Electricity.

Last Agent to Sell the Property

Andrew Arambula

ABI Multifamily License #SA688881000 Listed on: 12/03/2022

Co-Listed By

Bryce Neagle

ABI Multifamily License #SA692871000

Last Buyer's Agent

Kristi Thames

Dunlap & Magee Property Management, INC. License #BR584117000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,120

Year Built

  • Built in 1983

Lot Details

  • 6,882

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Legal Lot and Block 3 / 3
  • Assessor Parcel Number 116-26-038

Community Details

Overview

  • 4 Units
  • Building Dimensions are 49.95x138.02x49.95x138.02
  • Mt Pleasant Tract Blocks 1, 6 Subdivision

Building Details

  • Operating Expense $1,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,120

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 1
  • Year Built: 1983
  • Tax Year: 2022
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: abim01
  • Co List Office Phone: 602-714-1400
  • Subdivision Name: MT PLEASANT TRACT BLOCKS 1, 6
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Construction Type: Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: Individual Meter
  • Cooling: Individual
  • Heating: Individual
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Lot Info

  • Lot Size: 49.95x138.02x49.95x138.02
  • Additional Parcels: No
  • Parcel #: 116-26-038

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Annual Operating Expense: 1120.0

Tax Info

  • Tax Annual Amount: 1120.0
  • Tax Block: 3
  • Tax Book Number: 116.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2022
Closed on
Feb 21, 2023
Sold by
Mtb Invest Llc
Bought by
Fenceroy Jeremy
Seller's Agent
Andrew Arambula
ABI Multifamily
Buyer's Agent
Kristi Thames
Dunlap & Magee Property Management, INC.
List Price
$1,050,000
Sold Price
$1,050,000
Views
42
Current Estimated Value
$955,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$94,943
Avg. Annual Appreciation
-4.19%
Original Mortgage
$979,906
Outstanding Balance
$956,171
Interest Rate
6.48%
Mortgage Type
VA
Estimated Equity
-$9,398

Purchase Details

Closed on
Oct 13, 2021
Sold by
K Sauer L Golberg Llc
Bought by
Mtb Invest Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
2.8%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Fenceroy Jeremy $1,050,000 Driggs Title Agency
Mtb Invest Llc $535,000 Wfg National Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fenceroy Jeremy $979,906
Previous Owner Mtb Invest Llc $750,000
Previous Owner Mtb Invest Llc $585,000
Previous Owner Mtb Invest Llc $50,000
Previous Owner Mtb Invest Llc $481,500
Previous Owner Sauer Kelly R $16,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2023 01/18/23 Sold $1,050,000 0.0% $594 / Sq Ft
12/02/2022 12/02/22 For Sale $1,050,000 -- $594 / 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 $1,172 $8,767 -- --
2024 $1,161 $8,350 -- --
2023 $1,161 $34,300 $6,860 $27,440
2022 $1,120 $23,220 $4,640 $18,580
2021 $1,111 $18,910 $3,780 $15,130
2020 $1,124 $17,760 $3,550 $14,210
2019 $1,122 $11,720 $2,340 $9,380
2018 $1,103 $10,870 $2,170 $8,700
2017 $1,078 $9,650 $1,930 $7,720
2016 $1,047 $7,710 $1,540 $6,170
2015 $968 $7,370 $1,470 $5,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6495040

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-26-038