NOT LISTED FOR SALE

1121 W Portland St Phoenix, AZ 85007

Story Neighborhood

Estimated Value: $462,825 - $531,000

2 Beds
2 Baths
1,471 Sq Ft
$332/Sq Ft Est. Value

Last Sold March 14, 2023

Last sale price $515,000 $350 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,638/month

23 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Double Pane Windows
  • Grass Covered Lot

About This Home

As of March 2023

Vintage Duplex with Brick Construction Located in the Heart of Downtown Phoenix in the Sought After FQ Story Historic District. Comprised of 100% One-Bedroom / One-Bathroom Units, ~600 sqft each. Units Modernized While Maintaining Their Classic Historic Charm With Updated Cabinetry & Countertops, New Appliances, In-Suite Washer / Dryer, Hardwood Flooring & Dual-Pane Windows. Large Front & Back Yard Areas For Each Unit. Individually Metered for Electricity & Gas, Master Metered For Water. Property to be Delivered Vacant. Location doesn't get any better than this. FHA currently unavailable. Buyer to verify all facts and figures.

Last Agent to Sell the Property

Bryce Neagle

ABI Multifamily License #SA692871000 Listed on: 01/30/2023

Co-Listed By

Dallin Hammond

ABI Multifamily License #SA677560000

Last Buyer's Agent

Mike Mazzucco

My Home Group Real Estate License #SA673876000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $637

Year Built

  • Built in 1930

Lot Details

  • 7,680 Sq Ft Lot
  • Grass Covered Lot

Home Design

  • Property Attached
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,471 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Wood Flooring
  • Built-In Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2 Bathrooms

Schools

  • Capitol Elementary School
  • Osborn Middle School
  • Phoenix Union Bioscience High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • F O Story Addition Plat C Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / 17
  • Assessor Parcel Number 111-20-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$637

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Cross Street: North 11th Avenue & West Portland Street
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 1930
  • Tax Year: 2022
  • Directions: North on 11th Ave, Left on West Portland St
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.18
  • Co List Office Mls Id: abim01
  • Co List Office Phone: 602-714-1400
  • Subdivision Name: F O STORY ADDITION PLAT C
  • Property Attached Yn: Yes
  • Windows:Dual Pane: Yes
  • Construction Brick: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Full Bth Master Bdrm
  • Living Area: 1471.0
  • Stories: 1
  • Window Features: Dual Pane
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Other
  • Lot Features: Dirt Back, Grass Front
  • Pool Features: None
  • Disclosures: Seller Discl Avail
  • Construction Type: Brick Veneer, Brick
  • Roof: Composition

Utilities

  • Cooling: Other
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • 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: Capitol Elementary School
  • High School: Phoenix Union Bioscience High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7680.0
  • Parcel #: 111-20-006

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 637.0
  • Tax Block: 17
  • Tax Book Number: 111.00
  • Tax Lot: 6
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
Mar 24, 2023
Sold by
Warnack Christopher
Bought by
Belluzzi Llc
Seller's Agent
Bryce Neagle
ABI Multifamily
Buyer's Agent
Mike Mazzucco
My Home Group Real Estate
List Price
$585,000
Sold Price
$515,000
Premium/Discount to List
-$70,000
-11.97%
Views
647
Current Estimated Value
$471,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,320
Avg. Annual Appreciation
-2.82%

Purchase Details

Listed on
Jan 30, 2023
Closed on
Mar 14, 2023
Sold by
Mtb Invest Llc
Bought by
Warnack Christopher
Seller's Agent
Bryce Neagle
ABI Multifamily
Buyer's Agent
Mike Mazzucco
My Home Group Real Estate
List Price
$585,000
Sold Price
$515,000
Premium/Discount to List
-$70,000
-11.97%
Views
647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 30, 2023
Closed on
Jan 20, 2023
Sold by
Stokes Lisa
Bought by
Mtb Invest Llc
Seller's Agent
Bryce Neagle
ABI Multifamily
Buyer's Agent
Mike Mazzucco
My Home Group Real Estate
List Price
$585,000
Sold Price
$515,000
Premium/Discount to List
-$70,000
-11.97%
Views
647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2022
Sold by
Six Eleven Homes Llc
Bought by
Stokes Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2015
Sold by
Stokes Lisa and Stokes Jay
Bought by
Six Eleven Homes Llc

Purchase Details

Closed on
Mar 31, 2005
Sold by
Nichols Lisa M
Bought by
Stokes Jay and Stokes Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.77%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 7, 1998
Sold by
Herrick Thomas C and Herrick Christina B
Bought by
Nichols Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,399
Interest Rate
7.05%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 21, 1994
Sold by
Dupont Joanne A
Bought by
Herrick Thomas C and Herrick Christina B
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
Belluzzi Llc -- --
Warnack Christopher $515,000 Driggs Title Agency
Mtb Invest Llc $420,000 Charity Title Agency
Stokes Lisa -- Clear Title
Six Eleven Homes Llc -- None Available
Stokes Jay -- Transcontinental Title Co
Nichols Lisa M $70,500 Security Title Agency
Herrick Thomas C -- Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mtb Invest Llc $405,000
Previous Owner Stokes Lisa $215,000
Previous Owner Stokes Jay $120,000
Previous Owner Nichols Lisa M $70,399
Closed Mtb Invest Llc $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2023 03/14/23 Sold $515,000 -12.0% $350 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
02/06/2023 02/06/23 Price Changed $584,999 0.0% $398 / Sq Ft
01/30/2023 01/30/23 For Sale $585,000 -- $398 / 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 $667 $4,986 -- --
2024 $660 $4,748 -- --
2023 $660 $13,905 $2,780 $11,125
2022 $637 $10,790 $2,155 $8,635
2021 $632 $10,900 $2,180 $8,720
2020 $639 $10,035 $2,005 $8,030
2019 $638 $9,540 $1,905 $7,635
2018 $627 $7,990 $1,595 $6,395
2017 $613 $8,200 $1,640 $6,560
2016 $595 $7,115 $1,420 $5,695
2015 $551 $5,230 $1,045 $4,185
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6513964

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-20-006