NOT LISTED FOR SALE

1146 W Apache St Phoenix, AZ 85007

Central City Neighborhood

Estimated Value: $607,000 - $708,000

-- Bed
-- Bath
1,242 Sq Ft
$520/Sq Ft Est. Value

Last Sold May 07, 2020

Last sale price $417,000 $336 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,781/month

10 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of May 2020

4 plex, newly renovated with all two bedroom/1ba units. Two duplexes on one parcel for residential financing. Brand new AC on all 4 units, new roofs, new electric panels on both buildings, new tile floors throughout, new tubs and surrounds. Currently 1 building is occupied and the other building is available to show. Close to downtown where the area is beginning to be revitalized. Great opportunity for owner occupied on one unit and keep the tenant or rent both and collect the cash.

Last Agent to Sell the Property

Lisa Eagan

Leagan Realty, LLC License #BR537622000 Listed on: 02/03/2020

Last Buyer's Agent

Alphonso Mack

Realty ONE Group License #SA684594000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $317

Year Built

  • Built in 1985

Lot Details

  • 6,403

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Schools

  • Phoenix Prep Academy Elementary And Middle School
  • Central High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 24 / 3
  • Assessor Parcel Number 105-33-100-A

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 127.87X50
  • Gilbert Square Subdivision

Building Details

  • Operating Expense $2,614
  • Gross Income $36,000
  • Net Operating Income $33,386

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$317

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: 13th Ave & W. Maricopa Freeway
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2019
  • Directions: From W Maricopa Freeway get off at 7th Ave and take access road to 13th ave, go north to Apache, buildings are on the east side of road.
  • Road Surface Type: Asphalt
  • Subdivision Name: GILBERT SQUARE
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 547.0

Schools

  • Elementary School: Phoenix Prep Academy
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix Prep Academy

Lot Info

  • Lot Size: 127.87X50
  • Additional Parcels: No
  • Parcel #: 105-33-100-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 36000.0
  • Insurance Expense: 1750.0
  • Property Net Operating Income: 33386.0
  • Annual Operating Expense: 2614.0

Tax Info

  • Tax Annual Amount: 317.0
  • Tax Block: 3
  • Tax Book Number: 105.00
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2020
Closed on
Apr 28, 2020
Sold by
Castro Ricardo
Bought by
Maynus Drusilla
Seller's Agent
Lisa Eagan
Leagan Realty, LLC
Buyer's Agent
Alphonso Mack
Realty ONE Group
List Price
$424,000
Sold Price
$417,000
Premium/Discount to List
-$7,000
-1.65%
Total Days on Market
10
Current Estimated Value
$645,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,292
Avg. Annual Appreciation
8.90%
Original Mortgage
$409,447
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 2, 2018
Sold by
Castro Luz V
Bought by
Castro Ricardo

Purchase Details

Closed on
Jun 29, 2018
Sold by
Moody Patrick J
Bought by
Castro Ricardo

Purchase Details

Closed on
Oct 1, 2005
Sold by
Yazzie Jonathan
Bought by
Moody Patrick J

Purchase Details

Closed on
Dec 11, 2003
Sold by
Woods Jeff T
Bought by
Lone Star Baptist Church Inc

Purchase Details

Closed on
Jun 28, 2001
Sold by
Moody Patrick J
Bought by
Yazzie Jonathan

Purchase Details

Closed on
May 12, 1995
Sold by
Resolution Trust Corp
Bought by
Moody Patrick J
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
Maynus Drusilla $417,000 Landmark Ttl Assurance Agcy
Castro Ricardo -- Old Republic Title Agency
Castro Ricardo $170,000 Old Republic Title Agency
Moody Patrick J -- --
Lone Star Baptist Church Inc -- --
Yazzie Jonathan $10,000 Transnation Title Insurance
Moody Patrick J $19,000 Network Escrow & Title Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maynus Drusilla $411,000
Closed Maynus Drusilla $409,447
Previous Owner Castro Ricardo $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2020 05/07/20 Sold $417,000 -1.7% $336 / Sq Ft
05/05/2020 05/05/20 Price Changed $424,000 0.0% $341 / Sq Ft
02/13/2020 02/13/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $424,000 -- $341 / 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 $2,112 $15,791 -- --
2024 $2,091 $15,039 -- --
2023 $2,091 $33,280 $6,650 $26,630
2022 $2,017 $20,360 $4,700 $15,660
2021 $314 $6,990 $4,020 $2,970
2020 $318 $5,550 $3,510 $2,040
2019 $317 $3,840 $1,890 $1,950
2018 $312 $3,615 $1,710 $1,905
2017 $304 $2,265 $1,800 $465
2016 $296 $7,580 $1,510 $6,070
2015 $772 $6,610 $1,320 $5,290
Source: Public Records

Agents Affiliated with this Home

  • Lisa Eagan

    Seller's Agent in 2020

    Lisa Eagan

    Leagan Realty, LLC

    (480) 766-2115

    15 Total Sales

    Lisa Eagan
    Section Image

  • A

    Buyer's Agent in 2020

    Alphonso Mack

    Realty One Group

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6031943

Arizona Regional Multiple Listing Service (ARMLS)

APN: 105-33-100A

Arizona Maricopa County Phoenix 85007 Central City

1146 W Apache St, Phoenix, AZ

This home is located at 1146 W Apache St, Phoenix, AZ 85007 since 03 February 2020 and is currently estimated at $645,292, approximately $519 per square foot. This property was built in 1985. 1146 W Apache St is a home located in Maricopa County with nearby schools including Mary Mcleod Bethune School, Phoenix Coding Academy, and Central High School.

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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