Seller's Agent in 2021
Patrick O'Sullivan
Get Multifamily
(602) 842-5050
5 in this area
29 Total Sales
1222 W Pima St Phoenix, AZ 85007
Central City NeighborhoodEstimated Value: $433,000 - $544,310
9
Beds
--
Bath
2,289
Sq Ft
$210/Sq Ft
Est. Value
Highlights
- Cooling Available
- Ceramic Tile Flooring
- No Heating
- Phoenix Coding Academy Rated A
About This Home
As of November 2021VALUE-ADD Triplex near Downtown Phoenix! The property features (3) 3BD/1BA units and are partially renovated. The units are individually metered for electricity, and master metered for water/sewer/trash.
Minutes away are the State of Arizona buildings and Sky Harbor Airport. There are two parcels included in the sale, both zoned R3, may be potential to add additional units or create private yard space or common area amenities. The property offers the investor a unique value-add opportunity through additional interior and exterior renovations and be near Downtown Phoenix.
Last Agent to Sell the Property
Get Multifamily License #BR634211000 Listed on: 11/01/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $848
Year Built
- Built in 1965
Lot Details
- Additional Parcels
Home Design
- Composition Roof
- Block Exterior
Flooring
- Ceramic Tile
- Vinyl
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
- Over 1 Space Per Unit
Schools
- Mary Mcleod Bethune Elementary School
- Desert Mountain Middle School
- Phoenix Coding Academy High School
Utilities
- Cooling Available
- No Heating
Listing and Financial Details
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 10
- Assessor Parcel Number 105-02-180
Community Details
Overview
- 3 Units
- Building Dimensions are 6495
- Musun Tract Subdivision
Building Details
- Operating Expense $7,498
- Gross Income $44,460
- Net Operating Income $31,825
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 28, 2023
Sold by
Black Canyon Equity Llc
Bought by
Gupta Pima 1222 Llc
Current Estimated Value
Purchase Details
Closed on
Mar 31, 2022
Sold by
Anderson Kyle S and Anderson Amy Y
Bought by
203Rd Enterprises Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
4.42%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 30, 2022
Sold by
203Rd Enterprises Llc
Bought by
Leckie Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
4.42%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 1, 2021
Closed on
Nov 17, 2021
Sold by
Mike Johnson Az Property Investments Llc
Bought by
Black Canyon Equity Llc
Seller's Agent
Patrick O'Sullivan
Get Multifamily
Buyer's Agent
Justin Titus
My Home Group Real Estate
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%
Purchase Details
Listed on
Nov 1, 2021
Closed on
Nov 15, 2021
Sold by
Black Canyon Equity Llc
Bought by
Anderson Kyle S and Anderson Amy Y
Seller's Agent
Patrick O'Sullivan
Get Multifamily
Buyer's Agent
Justin Titus
My Home Group Real Estate
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%
Purchase Details
Listed on
Feb 20, 2020
Closed on
Mar 11, 2020
Sold by
Mendoza David A and Mendoza Pedro
Bought by
Mike Johnson Az Property Investments Llc
Seller's Agent
David Mendoza
EMG Real Estate
Buyer's Agent
Patrick O'Sullivan
Get Multifamily
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.65%
Original Mortgage
$95,000
Interest Rate
3.4%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 3, 2019
Sold by
Gamarro Mario A and Gamarro Teresa
Bought by
Mendoza David A and Mendoza Pedro
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
3.7%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Jun 9, 2005
Sold by
Rovala Kari and Rovala Marja
Bought by
Gamarro Mario A and Gamarro Teresa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,900
Interest Rate
5.46%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 30, 1998
Sold by
Church Of The Living God
Bought by
Rovala Kari and Rovala Marja
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gupta Pima 1222 Llc | $495,000 | First American Title Insurance | |
| Black Canyon Equity Llc | $457,500 | First American Title Insurance | |
| 203Rd Enterprises Llc | -- | First American Title | |
| Leckie Investments Llc | $450,000 | First American Title | |
| Black Canyon Equity Llc | $400,000 | Pioneer Title Agency Inc | |
| Anderson Kyle S | $409,900 | First American Title Ins Co | |
| Mike Johnson Az Property Investments Llc | $245,000 | Title Alliance Infinity Agcy | |
| Mendoza David A | $180,000 | Security Title Agency | |
| Gamarro Mario A | $154,900 | Westland Title Agency Of Az | |
| Rovala Kari | $16,444 | Nations Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Leckie Investments Llc | $495,000 | |
| Previous Owner | Johnson Michael A | $170,000 | |
| Previous Owner | Mike Johnson Az Property Investments Llc | $280,000 | |
| Previous Owner | Mike Johnson Az Property Investments Llc | $95,000 | |
| Previous Owner | Mike Johnson Az Property Investments Llc | $250,000 | |
| Previous Owner | Mendoza David A | $153,000 | |
| Previous Owner | Gamarro Mario A | $123,900 | |
| Closed | Gamarro Mario A | $23,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/19/2021 11/19/21 | Sold | $400,000 | -5.9% | $175 / Sq Ft |
| 11/01/2021 11/01/21 | For Sale | $425,000 | +73.5% | $186 / Sq Ft |
| 03/13/2020 03/13/20 | Sold | $245,000 | -2.0% | $107 / Sq Ft |
| 03/09/2020 03/09/20 | For Sale | $250,000 | 0.0% | $109 / Sq Ft |
| 02/19/2020 02/19/20 | For Sale | $250,000 | -- | $109 / 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 | $806 | $6,025 | -- | -- |
| 2024 | $798 | $5,738 | -- | -- |
| 2023 | $798 | $24,220 | $2,680 | $21,540 |
| 2022 | $769 | $16,690 | $1,850 | $14,840 |
| 2021 | $764 | $13,800 | $1,530 | $12,270 |
| 2020 | $773 | $11,420 | $1,260 | $10,160 |
| 2019 | $771 | $10,680 | $1,180 | $9,500 |
| 2018 | $758 | $9,550 | $1,060 | $8,490 |
| 2017 | $741 | $8,670 | $960 | $7,710 |
| 2016 | $719 | $6,640 | $730 | $5,910 |
| 2015 | $666 | $5,710 | $630 | $5,080 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick O'Sullivan
-
Justin Titus
Buyer's Agent in 2021
Justin Titus
My Home Group
(602) 516-9616
3 in this area
90 Total Sales
-
David Mendoza
Seller's Agent in 2020
David Mendoza
EMG Real Estate
(480) 886-0898
4 in this area
30 Total Sales
-
Janet Love
Buyer Co-Listing Agent in 2020
Janet Love
Get Multifamily
(480) 369-2369
2 in this area
12 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6315182
APN: 105-02-180
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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