NOT LISTED FOR SALE

1118 E Polk St Phoenix, AZ 85006

Garfield Neighborhood

Estimated Value: $287,000 - $394,000

4 Beds
2 Baths
1,052 Sq Ft
$339/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $200,000 $190 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,980/month

134 Days on Market

Highlights

  • Property is near public transit and bus stop
  • No HOA
  • Tile Flooring
  • Phoenix Coding Academy Rated A
  • Eat-In Kitchen
  • Central Air

About This Home

As of November 2022

Attention! Here is an incredible opportunity for all investors or homeowners looking for a project home! Located only 1.5 miles away from downtown Phoenix, close to shops/restaurants/movies, make this a desired location. Don't miss your opportunity to see it today!

Last Agent to Sell the Property

Joseph Ryan

Jason Mitchell Real Estate License #SA685533000 Listed on: 06/02/2022

Jason Mitchell Real Estate

Co-Listed By

James Wexler

Jason Mitchell Real Estate License #BR558910000

Last Buyer's Agent

Michael Millet

eXp Realty License #SA687999000

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,115

Year Built

  • Built in 1931

Lot Details

  • 6,478 Sq Ft Lot
  • Block Wall Fence
  • Chain Link Fence

Parking

  • 4 Open Parking Spaces

Home Design

  • Fixer Upper
  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,052 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Eat-In Kitchen

Flooring

  • Concrete
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Property is near public transit and bus stop

Schools

  • Garfield Elementary School
  • Asu Preparatory Academy - Phoenix Middle School
  • Asu Preparatory Academy - Phoenix High School

Utilities

  • Central Air
  • Heating Available
  • Plumbing System Updated in 2021

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Mt Pleasant Tract Blocks 1, 6 Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 3
  • Assessor Parcel Number 116-26-040

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,115

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Cross Street: 11th st & Polk st
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2021
  • Parking Spaces Slab Parking Spaces: 4.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1931
  • Tax Year: 2021
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.15
  • Co List Office Mls Id: jmre001
  • Co List Office Phone: 480-522-1030
  • Subdivision Name: MT PLEASANT TRACT BLOCKS 1, 6
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 190.11
  • Cooling:Ceiling Fan(s): Yes
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Tile, Concrete
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 1052.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor
  • Other Rooms:Great Room: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Chain Link
  • Lot Features: Dirt Front
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Wood Frame, Painted, Block, Brick
  • Property Condition: Fixer
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Near Bus Stop
  • Amenities: Not Managed
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Garfield School
  • High School: ASU Preparatory Academy - Phoenix High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: ASU Preparatory Academy - Phoenix Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6478.0
  • Parcel #: 116-26-040
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unk

Tax Info

  • Tax Annual Amount: 1115.0
  • Tax Block: 3
  • Tax Book Number: 116.00
  • Tax Lot: 5
  • Tax Map Number: 26.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Oct 27, 2022
Sold by
Alarcon Maria Luisa Olivos
Bought by
Venture Property Group Llc
Seller's Agent
Joseph Ryan
Jason Mitchell Real Estate
Buyer's Agent
Michael Millet
eXp Realty
List Price
$350,000
Sold Price
$200,000
Premium/Discount to List
-$150,000
-42.86%
Views
4
Current Estimated Value
$356,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,598
Avg. Annual Appreciation
19.94%
Original Mortgage
$291,200
Outstanding Balance
$281,443
Interest Rate
6.7%
Mortgage Type
Construction
Estimated Equity
$75,155

Purchase Details

Listed on
Jun 2, 2022
Closed on
Oct 20, 2022
Sold by
Venture Property Group Llc
Bought by
Better Neighborhoods Llc
Seller's Agent
Joseph Ryan
Jason Mitchell Real Estate
Buyer's Agent
Michael Millet
eXp Realty
List Price
$350,000
Sold Price
$200,000
Premium/Discount to List
-$150,000
-42.86%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,200
Outstanding Balance
$281,443
Interest Rate
6.7%
Mortgage Type
Construction
Estimated Equity
$75,155

Purchase Details

Closed on
Jan 15, 2003
Sold by
Alarcon Juan M
Bought by
Alarcon Maria L and Alarcon Maria Luisa Olivos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,315
Interest Rate
6.15%

Purchase Details

Closed on
Jan 30, 2001
Sold by
Alarcon Juan M
Bought by
Alarcon Maria L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Venture Property Group Llc $200,000 Magnus Title
Better Neighborhoods Llc $234,900 Magnus Title
Alarcon Maria L -- Security Title Agency
Alarcon Maria L -- Arizona Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Better Neighborhoods Llc $291,200
Previous Owner Alarcon Maria L $39,315
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2022 11/04/22 Sold $200,000 -42.9% $190 / Sq Ft
10/04/2022 10/04/22 Pending -- -- --
08/23/2022 08/23/22 For Sale $350,000 0.0% $333 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
07/18/2022 07/18/22 For Sale $350,000 0.0% $333 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $350,000 0.0% $333 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
06/04/2022 06/04/22 For Sale $350,000 0.0% $333 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/23/2022 05/23/22 For Sale $350,000 -- $333 / 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 $1,401 $9,861 -- --
2024 $1,306 $9,391 -- --
2023 $1,306 $22,350 $4,470 $17,880
2022 $1,114 $19,650 $3,930 $15,720
2021 $1,115 $14,810 $2,960 $11,850
2020 $1,130 $13,170 $2,630 $10,540
2019 $1,131 $10,220 $2,040 $8,180
2018 $478 $8,180 $1,630 $6,550
2017 $461 $5,870 $1,170 $4,700
2016 $448 $5,150 $1,030 $4,120
2015 $408 $4,050 $810 $3,240
Source: Public Records

Agents Affiliated with this Home

  • Joseph Ryan

    Seller's Agent in 2022

    Joseph Ryan

    Jason Mitchell Real Estate

    (602) 615-1330

    1 in this area

    43 Total Sales

    Joseph Ryan
    Section Image
  • James Wexler

    Seller Co-Listing Agent in 2022

    James Wexler

    Jason Mitchell Real Estate

    (480) 289-6818

    1 in this area

    375 Total Sales

    James Wexler
    Section Image
  • Michael Millet

    Buyer's Agent in 2022

    Michael Millet

    eXp Realty

    (623) 257-5530

    1 in this area

    27 Total Sales

    Michael Millet
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6404473

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-26-040

Arizona Maricopa County Phoenix 85006 Garfield

1118 E Polk St, Phoenix, AZ

Not Listed for Sale

Detached

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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