1145 W Sherman St Phoenix, AZ 85007
Central City Neighborhood
--
Bed
--
Bath
1,794
Sq Ft
2007
Built
Highlights
- Cooling Available
- Ceramic Tile Flooring
- 1-minute walk to Ninos Mini Park
- Phoenix Coding Academy Rated A
- Heating Available
About This Home
As of December 2024Duplex each unit has 2 bedrooms, 1 bath & 1 carport All tile flooring. Each unit has fended backyard. One unit has washer and dryer. NO HOA. Property is zoned R-3 and per city of Phoenix 2 more units can be built for added income.
Newer build for the area and both AC units are two years old. Roof was replaced last year. Buyer has an Potential to significantly increase rents with section 8 tenants. Both units currently rented. Close to downtown, Capitol complex freeways.
Last Agent to Sell the Property
Fathom Realty Elite License #SA663083000 Listed on: 08/14/2024
Last Buyer's Agent
Nancy Cotton
AZ Brokerage Holdings, LLC License #BR529361000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $966
Year Built
- Built in 2007
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Flooring
- Ceramic Tile Flooring
Parking
- 4 Parking Spaces
- Carport
Schools
- Paul Dunbar Lawrence Elementary School
- Magnet Traditional Middle School
- Central High School
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Legal Lot and Block 23 / 19
- Assessor Parcel Number 112-15-023
Community Details
Overview
- 2 Units
- Building Dimensions are 50x150
- Irvines Addition Blocks 19 22 & 27 28 Subdivision
Building Details
- Operating Expense $1,966
- Gross Income $26,460
- Net Operating Income $26,460
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 14, 2024
Closed on
Dec 19, 2024
Sold by
Cullen Jason David
Bought by
Olisky Elizabeth
Seller's Agent
Katherine Cotton
Fathom Realty Elite
Buyer's Agent
Nancy Cotton
Fathom Realty Elite
List Price
$429,900
Sold Price
$390,000
Premium/Discount to List
-$39,900
-9.28%
Views
19
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,335
Avg. Annual Appreciation
-2.98%
Original Mortgage
$292,500
Outstanding Balance
$291,753
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$91,242
Purchase Details
Closed on
Apr 2, 2019
Sold by
Wiin Llc
Bought by
Cullen Jason David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,165
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 25, 2019
Sold by
Ochoa Erik and Ochoa Francisco
Bought by
Wiin Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,165
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 25, 2005
Sold by
Ochoa Francisco
Bought by
Ochoa Erik and Ochoa Francisco
Purchase Details
Closed on
Apr 18, 2005
Sold by
Garcia Flora Amaya
Bought by
Ochoa Francisco
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
5.92%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 12, 2005
Sold by
Gonzalez Ricardo
Bought by
Ochoa Francisco
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
5.92%
Mortgage Type
Unknown
Purchase Details
Closed on
Mar 29, 2005
Sold by
Davis Joan Reye
Bought by
Gonzalez Ricardo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
5.92%
Mortgage Type
Unknown
Similar Homes in Phoenix, AZ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $390,000 | Pioneer Title Agency | |
| Warranty Deed | $390,000 | Pioneer Title Agency | |
| Warranty Deed | $184,900 | Wfg National Title Ins Co | |
| Warranty Deed | $152,000 | Wfg National Title Ins Co | |
| Interfamily Deed Transfer | -- | Wfg National Title Ins Co | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Camelback Title Agency Llc | |
| Cash Sale Deed | $33,000 | Camelback Title Agency Llc | |
| Cash Sale Deed | $24,000 | Camelback Title Agency Llc | |
| Interfamily Deed Transfer | -- | Camelback Title Agency Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $292,500 | New Conventional | |
| Closed | $292,500 | New Conventional | |
| Previous Owner | $157,165 | New Conventional | |
| Previous Owner | $10,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/31/2024 12/31/24 | Sold | $390,000 | -2.5% | $217 / Sq Ft |
| 12/01/2024 12/01/24 | Pending | -- | -- | -- |
| 09/30/2024 09/30/24 | Price Changed | $399,900 | -2.2% | $223 / Sq Ft |
| 09/16/2024 09/16/24 | Price Changed | $409,000 | -4.9% | $228 / Sq Ft |
| 08/14/2024 08/14/24 | For Sale | $429,900 | -- | $240 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $975 | $7,290 | -- | -- |
| 2024 | $966 | $6,943 | -- | -- |
| 2023 | $966 | $26,030 | $5,200 | $20,830 |
| 2022 | $931 | $19,170 | $3,830 | $15,340 |
| 2021 | $924 | $15,560 | $3,110 | $12,450 |
| 2020 | $935 | $13,150 | $2,630 | $10,520 |
| 2019 | $933 | $11,600 | $2,320 | $9,280 |
| 2018 | $917 | $9,800 | $1,960 | $7,840 |
| 2017 | $896 | $8,400 | $1,680 | $6,720 |
| 2016 | $870 | $7,020 | $1,400 | $5,620 |
| 2015 | $805 | $6,860 | $1,370 | $5,490 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Katherine Cotton
Fathom Realty Elite
(602) 885-8106
3 in this area
56 Total Sales
-
Seller Co-Listing Agent in 2024
Nancy Cotton
Fathom Realty Elite
(602) 316-8418
3 in this area
69 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6743518
APN: 112-15-023
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.
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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