NOT LISTED FOR SALE

Estimated Value: $410,000 - $888,000

-- Bed
2 Baths
816 Sq Ft
$790/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $790,000 $968 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $3,765/month

44 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of March 2021

Great curb appeal for this totally renovated multi family income property! Perfect location in the Historic Garfield District, close to the Phoenix Famous Roosevelt Row and Art District and the Downtown entertainment social life. Each unit has a private entrance. New interior & exterior paint. New wood look flooring. Kitchens & bathrooms have all been Newly updated. All units combined, there are 7 bedrooms & 5 bathrooms. Each unit is move-in ready! If you are looking for income property, this is the place to see!
This Property has never been rented/ Owner Completely Remolded Property on Diamond, Portland and Studio for a Multi-Family Rental Possibility if New Buyer Desires. Buyer to Check all Fact and figures.

Last Agent to Sell the Property

Jose Lopez

HomeSmart License #SA584994000 Listed on: 12/31/2020

Last Buyer's Agent

Michael Zysman

HomeSmart Realty License #SA665980000

HomeSmart Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,908

Year Built

  • Built in 1910

Lot Details

  • 8,015

Home Design

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

Interior Spaces

  • Ceiling Fan

Parking

  • 10 Open Parking Spaces
  • 13 Parking Spaces
  • Carport

Schools

  • Garfield Elementary School
  • Phoenix Coding Academy Middle School
  • North High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 116-28-128

Community Details

Overview

  • 3 Buildings
  • Building Dimensions are 8000
  • Diamond Heights Subdivision

Building Details

  • Operating Expense $1,908

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,908

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Cross Street: McDowell Rd & 7th St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Mult-Family
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1910
  • Tax Year: 2020
  • Directions: South on 7th St, Left on Roosevelt, Left on 11th St, Right on Portland St. Home is on the south side of the street
  • Road Surface Type: Asphalt
  • Subdivision Name: DIAMOND HEIGHTS
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Disposal, Dishwasher, Microwave, Washer/Dryer, W/D Hookup
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Carport
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 13.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 13.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: APS
  • Cooling: Ceiling Fan(s), Electric
  • 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:Fenced3: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:Security Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Breakfast Bar2: Yes

Schools

  • Elementary School: Garfield School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix Coding Academy

Lot Info

  • Lot Size: 8000
  • Additional Parcels: No
  • Parcel #: 116-28-128

Multi Family

  • Owner Pays: Other
  • Annual Operating Expense: 1908.0

Tax Info

  • Tax Annual Amount: 1908.0
  • Tax Book Number: 116.00
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2020
Closed on
Mar 3, 2021
Sold by
Ochoa Manzo Filiberto
Bought by
Brady Jacqueline M and Zysman Michael J
Seller's Agent
Jose Lopez
HomeSmart
Buyer's Agent
Michael Zysman
HomeSmart Realty
List Price
$820,000
Sold Price
$790,000
Premium/Discount to List
-$30,000
-3.66%
Current Estimated Value
$645,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$144,975
Avg. Annual Appreciation
-3.51%
Original Mortgage
$539,325
Outstanding Balance
$489,153
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$189,255

Purchase Details

Closed on
Nov 18, 2016
Sold by
Chavez Kate
Bought by
Ochoa Manzo Filiberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2014
Sold by
Gutierrez Jose Jimenez
Bought by
Chavez Kate

Purchase Details

Closed on
Jan 14, 2005
Sold by
Dejiminez Maria Yolanda Gonzelez
Bought by
Gutierrez Jose Jimenez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 1994
Sold by
Young Joel D and Young Donna Sue
Bought by
Gutierez Jose Jimenez and Dejimenez Maria Yolanda Gonzelez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
8.5%
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
Brady Jacqueline M $790,000 Pioneer Title Agency Inc
Ochoa Manzo Filiberto $200,000 American Title Svc Agency Ll
Chavez Kate -- American Title Svc Agency Ll
Gutierrez Jose Jimenez -- Camelback Title Agency Llc
Gutierez Jose Jimenez $30,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brady Jacqueline M $539,325
Previous Owner Ochoa Filiberto $185,450
Previous Owner Ochoa Manzo Filiberto $190,000
Previous Owner Chavez Kate $84,000
Previous Owner Gutierrez Jose Jimenez $73,500
Previous Owner Gutierez Jose Jimenez $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $790,000 -1.2% $968 / Sq Ft
03/11/2021 03/11/21 Price Changed $799,999 0.0% $980 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
02/02/2021 02/02/21 Price Changed $799,999 -2.4% $980 / Sq Ft
12/31/2020 12/31/20 For Sale $820,000 -- $1,005 / 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 $2,225 $16,640 -- --
2024 $2,204 $15,848 -- --
2023 $2,204 $39,070 $7,810 $31,260
2022 $2,125 $31,750 $6,350 $25,400
2021 $2,109 $25,550 $5,110 $20,440
2020 $1,908 $23,550 $4,710 $18,840
2019 $1,908 $17,480 $3,490 $13,990
2018 $1,874 $16,200 $3,240 $12,960
2017 $669 $8,550 $1,710 $6,840
2016 $736 $7,160 $1,430 $5,730
2015 $681 $5,920 $1,180 $4,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6176047

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-28-128