NOT LISTED FOR SALE

120 W Highland Ave Phoenix, AZ 85013

Uptown Phoenix Neighborhood

Estimated Value: $590,000 - $1,038,000

3 Beds
1 Bath
965 Sq Ft
$908/Sq Ft Est. Value

Last Sold March 30, 2022

Last sale price $1,000,000 $1,036 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $4,904/month

42 Days on Market

Highlights

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

About This Home

As of March 2022

Great investment opportunity! Live in one unit and rent out two others or rent all three. Great income potential.

Old meets New in a beautiful historic district. Main house was built in 1947 and has been remodeled. The other two units are brand new, built in 2021. Brand new stainless steel appliances installed in all three units. Incredible location! Walk to the Metro light rail, restaurants, shops, Brophy Prep, etc.

Never rented so unknown operating expenses and rent potential.

Prospective buyers to verify all information.

Last Agent to Sell the Property

Ken Fixel

Realty ONE Group License #SA645311000 Listed on: 10/18/2021

Last Buyer's Agent

Sherri Parkin

Berkshire Hathaway HomeServices Arizona Properties License #SA655345000

Berkshire Hathaway HomeServices Arizona Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,013

Year Built

  • Built in 1947

Lot Details

  • 8,189

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 155-28-046

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 130x63x130x63

Building Details

  • Operating Expense $3,013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,013

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Cross Street: Central & Highland
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1947
  • Tax Year: 2021
  • Directions: Just West of Central on Highland Avenue
  • Road Surface Type: Concrete
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 130x63x130x63
  • Additional Parcels: No
  • Parcel #: 155-28-046

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 3
  • Annual Operating Expense: 3013.0

Tax Info

  • Tax Annual Amount: 3013.0
  • Tax Book Number: 155.00
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2021
Closed on
Feb 17, 2022
Sold by
Fan Financial Arizona Llc
Bought by
Gutierrez Ricardo
Seller's Agent
Ken Fixel
Realty ONE Group
Buyer's Agent
Sherri Parkin
Berkshire Hathaway HomeServices Arizona Properties
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%
Current Estimated Value
$876,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$123,487
Avg. Annual Appreciation
-3.73%
Original Mortgage
$850,000
Outstanding Balance
$819,539
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$55,778

Purchase Details

Closed on
Oct 17, 2008
Sold by
Garcia Jesus
Bought by
Fan Financial Arizona Llc

Purchase Details

Closed on
Oct 13, 2008
Sold by
Garcia Jesus
Bought by
Fan Financial Arizona Llc

Purchase Details

Closed on
Feb 16, 2007
Sold by
Garcia Jesus
Bought by
Sanchez Mateo and Mannrique Hector

Purchase Details

Closed on
Oct 17, 2006
Sold by
Herrera Magdalena
Bought by
Garcia Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,100
Interest Rate
8.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2006
Sold by
Rodriguez Hector
Bought by
Herrera Magdalena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
7.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2000
Sold by
Mendoza Victor T and Mendoza Norma A
Bought by
Rodriquez Hector and Herrera Magdalena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,877
Interest Rate
8.15%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Gutierrez Ricardo $1,050,000 First American Title
Fan Financial Arizona Llc $136,122 Accommodation
Fan Financial Arizona Llc $136,122 Accommodation
Fan Financial Arizona Llc $136,122 Accommodation
Sanchez Mateo -- None Available
Garcia Jesus $238,000 Dhi Title Of Arizona Inc
Herrera Magdalena -- Premier Title Group Maricopa
Rodriquez Hector $80,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Ricardo $850,000
Previous Owner Garcia Jesus $226,100
Previous Owner Herrera Magdalena $133,000
Previous Owner Rodriquez Hector $79,877
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2022 03/30/22 Sold $1,000,000 -9.1% $1,036 / Sq Ft
03/26/2022 03/26/22 Price Changed $1,100,000 0.0% $1,140 / Sq Ft
02/25/2022 02/25/22 Price Changed $1,100,000 +10.0% $1,140 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
11/17/2021 11/17/21 Off Market $1,000,000 -- --
10/20/2021 10/20/21 For Sale $1,100,000 +10.0% $1,140 / Sq Ft
10/18/2021 10/18/21 Off Market $1,000,000 -- --
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 $3,084 $24,573 -- --
2024 $2,979 $23,403 -- --
2023 $2,979 $45,860 $9,170 $36,690
2022 $2,962 $33,610 $6,720 $26,890
2021 $3,013 $29,730 $5,940 $23,790
2020 $1,736 $22,070 $4,410 $17,660
2019 $1,660 $21,250 $4,250 $17,000
2018 $1,605 $18,830 $3,760 $15,070
2017 $1,474 $16,870 $3,370 $13,500
2016 $1,422 $14,270 $2,850 $11,420
2015 $1,322 $12,560 $2,510 $10,050
Source: Public Records

Agents Affiliated with this Home

  • Ken Fixel

    Seller's Agent in 2022

    Ken Fixel

    Realty One Group

    (480) 215-2668

    1 in this area

    20 Total Sales

    Ken Fixel
    Section Image
  • Sherri Parkin

    Buyer's Agent in 2022

    Sherri Parkin

    Berkshire Hathaway HomeServices Arizona Properties

    (480) 809-5853

    3 in this area

    49 Total Sales

    Sherri Parkin
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6309109

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-28-046

Arizona Maricopa County Phoenix 85013 Uptown Phoenix

120 W Highland Ave, Phoenix, AZ

This home is located at 120 W Highland Ave, Phoenix, AZ 85013 since 18 October 2021 and is currently estimated at $876,513, approximately $908 per square foot. This property was built in 1947. 120 W Highland Ave is a home located in Maricopa County with nearby schools including Longview Elementary School, Osborn Middle School, 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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