$400,000
SOLD JUL 2, 2024

1213 W Pima St Phoenix, AZ 85007

Central City Neighborhood
-- Bed
-- Bath
-- Sq Ft
6,098 Sq Ft Lot

Recently Sold

14 Days on Market

Highlights

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

About This Home

As of July 2024

Turnkey Triplex located just outside downtown Phoenix which has plenty of dining, entertainment, sports, and ASU's downtown campus. As it is, this property has over a 6% CAP rate and is a great investment opportunity. The complex has new paint, new appliances, flooring, cabinetry, and HVAC, as well as a new roof installed in 2018. The main unit is a 2 bed 1 bath and the other units are 1 bed, 1 bath. This is a great property located close to downtown the light rail and freeway access.

Last Agent to Sell the Property

Steve Richards

Realty ONE Group License #SA672192000 Listed on: 05/07/2024

Realty ONE Group

Co-Listed By

Mary Pallagi

Realty ONE Group License #SA685009000

Last Buyer's Agent

Lori Coulter

Apartment & Home Solutions License #SA564932000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $515

Year Built

  • Built in 1943

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • On-Street Parking

Utilities

  • Cooling Available
  • Central Heating
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 19
  • Assessor Parcel Number 105-33-047

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are unknown
  • Gilbert Square Subdivision

Building Details

  • Operating Expense $515
  • Gross Income $28,500
  • Net Operating Income $27,624

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$515

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Cross Street: 7th Ave and Buckeye
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1943
  • Tax Year: 2023
  • Directions: GPS
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Co List Office Mls Id: reog02
  • Co List Office Phone: 480-321-8100
  • Subdivision Name: GILBERT SQUARE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Street Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Other
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Central: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: unknown
  • Additional Parcels: No
  • Parcel #: 105-33-047

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 3
  • Annual Gross Income: 28500.0
  • Property Net Operating Income: 27624.0
  • Annual Operating Expense: 515.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 515.0
  • Tax Book Number: 105.00
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2024
Closed on
Jul 2, 2024
Sold by
Oconnor Patrick T
Bought by
Privrat Alysia I
Seller's Agent
Steve Richards
Realty ONE Group
Buyer's Agent
Lori Coulter
Apartment & Home Solutions
List Price
$435,000
Sold Price
$400,000
Premium/Discount to List
-$35,000
-8.05%
Views
10
Current Estimated Value
$339,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,433
Avg. Annual Appreciation
-11.36%
Original Mortgage
$300,000
Outstanding Balance
$296,964
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$49,155

Purchase Details

Listed on
Jul 7, 2018
Closed on
Aug 21, 2018
Sold by
Grayson Keith L
Bought by
Connor Patrick T O
Seller's Agent
Keith Grayson
Grayson Real Estate
Buyer's Agent
Aaron Bennet
My Home Group Real Estate
List Price
$219,900
Sold Price
$206,000
Premium/Discount to List
-$13,900
-6.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.01%
Original Mortgage
$154,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 18, 2018
Closed on
Feb 26, 2018
Sold by
Garcia Nick D
Bought by
Grayson Keith L and Grayson Keith L
Seller's Agent
Jon Sherwood
Crossroads Brokerage
Buyer's Agent
Keith Grayson
Grayson Real Estate
List Price
$89,000
Sold Price
$87,000
Premium/Discount to List
-$2,000
-2.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
460.66%
Original Mortgage
$130,000
Interest Rate
4.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2017
Sold by
Smailbey Investments Llc
Bought by
Garcia Nick D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
4.32%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 30, 2016
Sold by
Cheatham James E and Cheatham Janet E
Bought by
Smailbey Investments Llc

Purchase Details

Closed on
Dec 27, 2002
Sold by
Cheatham James Earl and Cheatham Janet E
Bought by
Cheatham James E and Cheatham Janet E
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 Type Sale Price Title Company
Warranty Deed $400,000 Driggs Title Agency
Warranty Deed $206,000 Lawyers Title Of Arizona Inc
Warranty Deed $87,000 Wfg National Title Insurance
Special Warranty Deed $63,000 Equity Title Agency
Cash Sale Deed $45,000 Equity Title Agency
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Previous Owner $153,729 New Conventional
Previous Owner $154,500 New Conventional
Previous Owner $130,000 Purchase Money Mortgage
Previous Owner $50,400 Seller Take Back
Previous Owner $75,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Sold $400,000 -8.0% $291 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/08/2024 05/08/24 For Sale $435,000 +111.2% $316 / Sq Ft
08/29/2018 08/29/18 Sold $206,000 -1.4% --
07/26/2018 07/26/18 Pending -- -- --
07/22/2018 07/22/18 Price Changed $209,000 -2.7% --
07/16/2018 07/16/18 Price Changed $214,900 -2.3% --
07/06/2018 07/06/18 For Sale $219,900 +152.8% --
02/28/2018 02/28/18 Sold $87,000 -2.2% --
02/17/2018 02/17/18 For Sale $89,000 -- --
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 $520 $3,887 -- --
2024 $515 $3,702 -- --
2023 $515 $20,170 $4,030 $16,140
2022 $497 $12,500 $2,500 $10,000
2021 $493 $12,320 $2,460 $9,860
2020 $498 $11,610 $2,320 $9,290
2019 $498 $9,310 $1,860 $7,450
2018 $438 $7,680 $1,530 $6,150
2017 $478 $6,080 $1,210 $4,870
2016 $464 $5,660 $1,130 $4,530
2015 $429 $4,620 $920 $3,700
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Steve Richards

    Realty One Group

    Section Image
  • Mary Pallagi

    Seller Co-Listing Agent in 2024

    Mary Pallagi

    Realty One Group

    (480) 365-8372

    1 in this area

    13 Total Sales

    Mary Pallagi
    Section Image
  • Lori Coulter

    Buyer's Agent in 2024

    Lori Coulter

    Apartment & Home Solutions

    (602) 882-6030

    1 in this area

    12 Total Sales

    Lori Coulter
    Section Image
  • Keith Grayson

    Seller's Agent in 2018

    Keith Grayson

    Grayson Real Estate

    (602) 418-0350

    7 in this area

    40 Total Sales

    Keith Grayson
    Section Image
  • Jon Sherwood

    Seller's Agent in 2018

    Jon Sherwood

    Crossroads Brokerage

    (480) 766-6245

    2 in this area

    337 Total Sales

    Jon Sherwood
    Section Image

  • K

    Seller Co-Listing Agent in 2018

    Kelvin Fisher

    Grayson Real Estate

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6701725

Arizona Regional Multiple Listing Service (ARMLS)

APN: 105-33-047

Arizona Maricopa County Phoenix 85007 Central City

1213 W Pima St, Phoenix, AZ

This home is located at 1213 W Pima St, Phoenix, AZ 85007 and is currently priced at $400,000. This property was built in 1943. 1213 W Pima 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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