Z
Seller's Agent in 2025
Zachary Coty
Compass
(602) 516-4767
5 in this area
28 Total Sales
1217 E Hess Ave Phoenix, AZ 85034
Central City NeighborhoodEstimated Value: $456,521 - $535,000
5
Beds
4
Baths
1,501
Sq Ft
$326/Sq Ft
Est. Value
Highlights
- Cooling Available
- Vinyl Flooring
- Heating Available
- Phoenix Coding Academy Rated A
About This Home
As of September 20251217 E Hess Ave offers an exceptional investment opportunity with an assumable FHA loan at 5.25%. This property is minutes from Downtown Phoenix, Sky Harbor Airport, and major freeways (I-10, Loop 202). The property is surrounded by major employment hubs including ASU's Downtown campus, Phoenix Biomedical Campus, Maricopa County and City of Phoenix government centers, and top corporate employers like Freeport-McMoRan, Honeywell, Wells Fargo, Chase, and APS. Ongoing redevelopment in the Warehouse District and Central City neighborhoods is fueling rental demand from young professionals, students, and healthcare workers. With excellent access to transit, entertainment, and a strong, diverse job market, this property is well-positioned
for steady cash flow and long-term appreciation.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $681
Year Built
- Built in 1946
Home Design
- Wood Frame Construction
- Composition Roof
- Block Exterior
- Stucco
Flooring
- Vinyl Flooring
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
- On-Street Parking
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- The owner pays for trash collection, water, sewer
- Tax Lot 17
- Assessor Parcel Number 115-37-078-B
Community Details
Overview
- 3 Buildings
- 3 Units
- Building Dimensions are 6900
- Hilton Place Subdivision
Building Details
- Operating Expense $7,479
- Gross Income $43,206
- Net Operating Income $35,727
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 16, 2025
Closed on
Sep 17, 2025
Sold by
Bought by
Seller's Agent
Zachary Coty
Compass
Buyer's Agent
Jay Khor
Conflux
List Price
$525,000
Sold Price
$505,000
Premium/Discount to List
-$20,000
-3.81%
Views
38
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
-$16,120
Avg. Annual Appreciation
-4.23%
Purchase Details
Listed on
Apr 4, 2023
Closed on
May 31, 2023
Sold by
Bought by
Seller's Agent
Jason Moss
RCP Real Estate LLC
Buyer's Agent
Edson Salas
ES Realty
List Price
$440,000
Sold Price
$440,000
Views
35
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$432,030
Interest Rate
6.39%
Mortgage Type
FHA
Purchase Details
Listed on
Mar 31, 2021
Closed on
Mar 19, 2021
Sold by
Bought by
Seller's Agent
Jason Moss
RCP Real Estate LLC
Buyer's Agent
Non-MLS Agent
Non-MLS Office
Sold Price
$1,150
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.05%
Original Mortgage
$30,000
Interest Rate
3.17%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 15, 2020
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 12, 2012
Sold by
Bought by
Purchase Details
Closed on
Jan 20, 2012
Sold by
Bought by
Purchase Details
Closed on
Jan 10, 2012
Sold by
Bought by
Purchase Details
Closed on
Dec 3, 2007
Sold by
Bought by
Purchase Details
Closed on
Oct 19, 2007
Sold by
Bought by
Purchase Details
Closed on
Nov 1, 2006
Sold by
Bought by
Purchase Details
Closed on
Nov 11, 1997
Sold by
Bought by
Purchase Details
Closed on
Jan 10, 1997
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.74%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $505,000 | Lawyers Title Of Arizona | ||
| $440,000 | Pioneer Title Services | ||
| $340,000 | East Title Agency | ||
| $102,500 | Chicago Title Agency | ||
| -- | Grand Canyon Title Agency | ||
| -- | None Available | ||
| $93,153 | None Available | ||
| -- | None Available | ||
| -- | First American Title Ins Co | ||
| -- | None Available | ||
| $26,000 | Stewart Title & Trust | ||
| $27,000 | Stewart Title & Trust |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $432,030 | ||
| Previous Owner | $30,000 | ||
| Previous Owner | $216,000 | ||
| Previous Owner | $82,000 | ||
| Previous Owner | $25,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/22/2025 09/22/25 | Sold | $505,000 | -3.8% | $336 / Sq Ft | |
| 09/16/2025 09/16/25 | For Sale | $525,000 | 0.0% | $350 / Sq Ft | |
| 06/16/2025 06/16/25 | For Sale | $525,000 | +19.3% | $350 / Sq Ft | |
| 05/31/2023 05/31/23 | Sold | $440,000 | 0.0% | $341 / Sq Ft | View Prior Sale |
| 04/04/2023 04/04/23 | For Sale | $440,000 | 0.0% | $341 / Sq Ft | |
| 04/22/2021 04/22/21 | Rented | $1,150 | 0.0% | -- | |
| 04/12/2021 04/12/21 | Off Market | $1,150 | -- | -- | |
| 04/10/2021 04/10/21 | For Rent | $1,150 | 0.0% | -- | |
| 04/01/2021 04/01/21 | Off Market | $1,150 | -- | -- | |
| 03/31/2021 03/31/21 | For Rent | $1,150 | 0.0% | -- | |
| 03/26/2021 03/26/21 | Sold | $240,000 | -11.1% | $160 / Sq Ft | View Prior Sale |
| 03/12/2021 03/12/21 | Price Changed | $270,000 | -9.7% | $180 / Sq Ft | |
| 03/09/2021 03/09/21 | For Sale | $299,000 | -- | $199 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $724 | $5,095 | -- | -- |
| 2024 | $598 | $4,852 | -- | -- |
| 2023 | $598 | $15,460 | $3,090 | $12,370 |
| 2022 | $651 | $8,080 | $1,610 | $6,470 |
| 2021 | $646 | $8,330 | $1,660 | $6,670 |
| 2020 | $653 | $8,380 | $1,670 | $6,710 |
| 2019 | $652 | $5,280 | $1,050 | $4,230 |
| 2018 | $337 | $4,300 | $860 | $3,440 |
| 2017 | $330 | $4,270 | $850 | $3,420 |
| 2016 | $320 | $4,010 | $800 | $3,210 |
| 2015 | $296 | $3,100 | $620 | $2,480 |
Source: Public Records
Agents Affiliated with this Home
-
Zachary Coty
-
Jay Khor
Buyer's Agent in 2025
Jay Khor
Conflux
(602) 320-8838
1 in this area
21 Total Sales
-
Jason Moss
Seller's Agent in 2023
Jason Moss
RCP Real Estate LLC
(480) 636-6386
1 in this area
88 Total Sales
-
Edson Salas
Buyer's Agent in 2023
Edson Salas
ES Realty
(602) 319-0985
1 in this area
61 Total Sales
-
José Díaz
Seller's Agent in 2021
José Díaz
Planet Realty
(602) 617-0877
7 in this area
71 Total Sales
-
N
Buyer's Agent in 2021
Non-MLS Agent
Non-MLS Office
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6880768
APN: 115-37-078B
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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