NOT LISTED FOR SALE

1129 E Portland St Phoenix, AZ 85006

Garfield Neighborhood

Estimated Value: $321,000 - $676,536

1 Bed
1 Bath
881 Sq Ft
$514/Sq Ft Est. Value

Last Sold August 11, 2017

Last sale price $150,000 $170 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $2,568/month

1 Day on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of August 2017

Absolutely fantastic opportunity for someone that is looking for not one, but two, fixer uppers near Downtown Phoenix in the North Garfield Historic District. Area is comprised of a great mix of residential, religious and commercial properties of late 19th century/early 20th century architectural styles. Both units are occupied, so you won't be able to view until we have an accepted contract, but we doubt that you're going to find a better deal anywhere in this area. Both of these homes have short term leases, but tenants may want to stay past their expiration date. Portland rent is $775 and Diamond rent is $700. Because of repairs necessary, neither of these homes will qualify for traditional loans. Both homes must be purchased together. Drive by only. Do not disturb tenants.

Last Agent to Sell the Property

Michael and Mari Martinez

eXp Realty License #BR039035000 Listed on: 08/05/2017

eXp Realty

Last Buyer's Agent

Michael and Mari Martinez

eXp Realty License #BR039035000 Listed on: 08/05/2017

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $796

Year Built

  • Built in 1916

Lot Details

  • 8,015

Parking

  • Common or Shared Parking

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Metal Roof

Flooring

  • Wood Flooring

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for trash collection, gas, electricity, sewer
  • The owner pays for gas, water
  • Tax Lot 16
  • Assessor Parcel Number 116-28-139

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 50' X 160'
  • Diamond Heights Subdivision

Building Details

  • Operating Expense $2,596

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$796

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Cross Street: I10 & 7th St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1916
  • Tax Year: 2016
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: reex02
  • Co List Office Phone: 480-355-3500
  • Subdivision Name: DIAMOND HEIGHTS
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Brick
  • Roof: Composition, Metal

Garage/Parking

  • Parking Features: Common
  • Attached Garage: No
  • Parking:Carport: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Fuel Expense: 1800.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 50' X 160'
  • Additional Parcels: No
  • Parcel #: 116-28-139

Multi Family

  • Owner Pays: Gas, Water
  • Tenant Pays: Trash Collection, Gas, Electricity, Sewer
  • Number Of Units Total: 2
  • Annual Operating Expense: 2596.0

Tax Info

  • Tax Annual Amount: 796.0
  • Tax Book Number: 116.00
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2017
Closed on
Aug 14, 2017
Sold by
Ran Llc
Bought by
Ear Houses Llc
Seller's Agent
Michael and Mari Martinez
eXp Realty
Buyer's Agent
Michael and Mari Martinez
eXp Realty
Sold Price
$150,000
Current Estimated Value
$453,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,134
Avg. Annual Appreciation
14.07%

Purchase Details

Listed on
Aug 5, 2017
Closed on
Aug 11, 2017
Sold by
Vargas Aracely
Bought by
Ran Llc
Seller's Agent
Michael and Mari Martinez
eXp Realty
Buyer's Agent
Michael and Mari Martinez
eXp Realty
Sold Price
$150,000

Purchase Details

Listed on
Aug 5, 2017
Closed on
Aug 10, 2017
Sold by
Varela Yazmln
Bought by
Vargas Aracely
Seller's Agent
Michael and Mari Martinez
eXp Realty
Buyer's Agent
Michael and Mari Martinez
eXp Realty
Sold Price
$150,000

Purchase Details

Closed on
Sep 26, 2013
Sold by
Varela Jay
Bought by
Varela Yazmin
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
Ear Houses Llc -- Accommodation
Ran Llc $150,000 New Land Title Agency
Vargas Aracely -- New Land Title Agency
Varela Yazmin -- None Available
Varela Yazmin -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2017 08/11/17 Sold $150,000 -- $170 / 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 $2,412 $16,982 -- --
2024 $2,249 $16,173 -- --
2023 $2,249 $36,720 $7,340 $29,380
2022 $2,169 $29,420 $5,880 $23,540
2021 $2,153 $26,620 $5,320 $21,300
2020 $2,178 $24,510 $4,900 $19,610
2019 $2,174 $17,600 $3,520 $14,080
2018 $837 $12,080 $2,410 $9,670
2017 $817 $8,850 $1,770 $7,080
2016 $794 $7,420 $1,480 $5,940
2015 $829 $6,160 $1,230 $4,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5643048

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-28-139

Arizona Maricopa County Phoenix 85006 Garfield

1129 E Portland St, Phoenix, AZ

Not Listed for Sale

MultiFamily

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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