NOT LISTED FOR SALE

1226 E Purdue Ave Phoenix, AZ 85020

North Central Neighborhood

Estimated Value: $429,000 - $539,000

-- Bed
-- Bath
1,655 Sq Ft
$283/Sq Ft Est. Value

Last Sold July 13, 2021

Last sale price $380,000 $230 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,618/month

12 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • 5-minute walk to Norton Park
  • Sunnyslope High School Rated A
  • Heating System Uses Natural Gas

About This Home

As of July 2021

Great investment opportunity for a well-maintained, block construction, Central Phoenix duplex with huge storage shed on a large corner lot. Unit A is a 2bd/1ba, Unit B is a 3bd/1ba. Both units have a lot of outdoor space, each have a separate side and backyard areas and share a large, fenced front yard area. Updates include: newer roof (2017), 2 new electrical panels (2017), new water main line (2016), AC (Unit A 2018) as well as updated kitchens & bathrooms, new windows and tile flooring throughout, no carpet! Currently leased at below-market rents. Great location, near shopping, parks, schools and entertainment. Located in Sunnyslope High School district.

Last Agent to Sell the Property

Brad Spies

HomeSmart License #SA567453000 Listed on: 06/09/2021

HomeSmart

Last Buyer's Agent

Cecilia Mulroy

My Home Group Real Estate License #BR647070000

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $783

Year Built

  • Built in 1956

Lot Details

  • 8,146

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 2 Parking Spaces
  • Carport

Schools

  • Sunnyslope Elementary School
  • Sunnyslope High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for water, landscaping
  • Tax Lot 4
  • Assessor Parcel Number 159-31-021-B

Community Details

Overview

  • 2 Units
  • Building Dimensions are 8145 sf
  • Taylor Terrace Subdivision

Building Details

  • Operating Expense $783
  • Gross Income $21,600
  • Net Operating Income $16,045

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$783

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Cross Street: 7th St & Dunlap
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1956
  • Tax Year: 2020
  • Directions: Take Dunlap east to 12th St. North (left) on 12th St to Purdue. Property is on northeast corner of 12th Place & Purdue Ave.
  • Road Surface Type: Asphalt
  • Subdivision Name: Taylor Terrace
  • Tax Parcel Letter: B
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Built-In Range, Refrigerator, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: 1 Space/Unit, Carport
  • Attached Garage: No
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking Features:Carport: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes

Schools

  • Elementary School: Sunnyslope Elementary School
  • High School: Sunnyslope High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Sunnyslope Elementary School

Lot Info

  • Lot Size: 8145 sf
  • Additional Parcels: No
  • Parcel #: 159-31-021-B

Multi Family

  • Owner Pays: Water, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 21600.0
  • Property Net Operating Income: 16045.0
  • Annual Operating Expense: 783.0

Tax Info

  • Tax Annual Amount: 783.0
  • Tax Book Number: 159.00
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Jul 9, 2021
Sold by
Manzano Esmeralda
Bought by
Palumbo Kristen and Palumbo Nicholas
Seller's Agent
Brad Spies
HomeSmart
Buyer's Agent
Cecilia Mulroy
My Home Group Real Estate
List Price
$350,000
Sold Price
$380,000
Premium/Discount to List
$30,000
8.57%
Current Estimated Value
$467,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,838
Avg. Annual Appreciation
5.15%
Original Mortgage
$273,750
Outstanding Balance
$249,460
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$218,378

Purchase Details

Listed on
Oct 19, 2018
Closed on
Nov 26, 2018
Sold by
Davis Timothy Jordan
Bought by
Manzano Esmeralda
Seller's Agent
Andre Ludolph
Century 21 Northwest
Buyer's Agent
Brad Spies
HomeSmart
List Price
$235,000
Sold Price
$232,000
Premium/Discount to List
-$3,000
-1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.72%
Original Mortgage
$208,800
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2005
Sold by
Beckler Robert L and Beckler Beverly J
Bought by
Davis Timothy Jordan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.35%
Mortgage Type
Purchase Money Mortgage
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
Palumbo Kristen $375,000 Security Title Agency Inc
Manzano Esmeralda $232,000 First American Title Insuran
Davis Timothy Jordan $71,500 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palumbo Kristen $273,750
Previous Owner Manzano Esmeralda $208,800
Previous Owner Davis Timothy Jordan $50,000
Previous Owner Davis Timothy Jordan $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2021 07/13/21 Sold $380,000 +8.6% $230 / Sq Ft
06/02/2021 06/02/21 For Sale $350,000 +50.9% $211 / Sq Ft
11/30/2018 11/30/18 Sold $232,000 -1.3% $140 / Sq Ft
10/19/2018 10/19/18 For Sale $235,000 -- $142 / 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 $887 $7,252 -- --
2024 $871 $6,906 -- --
2023 $871 $28,300 $5,660 $22,640
2022 $842 $20,030 $4,000 $16,030
2021 $803 $17,170 $3,430 $13,740
2020 $783 $14,970 $2,990 $11,980
2019 $768 $12,930 $2,580 $10,350
2018 $748 $9,870 $1,970 $7,900
2017 $744 $8,600 $1,720 $6,880
2016 $731 $7,880 $1,570 $6,310
2015 $678 $6,570 $1,310 $5,260
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Brad Spies

    HomeSmart

    Section Image

  • C

    Buyer's Agent in 2021

    Cecilia Mulroy

    My Home Group

    (480) 685-2760

    1 in this area

    43 Total Sales

    Cecilia Mulroy
    Section Image
  • Andre Ludolph

    Seller's Agent in 2018

    Andre Ludolph

    Century 21 Northwest

    (602) 741-4174

    1 in this area

    94 Total Sales

    Andre Ludolph
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6246756

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-31-021B

Arizona Maricopa County Phoenix 85020 North Central

1226 E Purdue Ave, Phoenix, AZ

This home is located at 1226 E Purdue Ave, Phoenix, AZ 85020 since 09 June 2021 and is currently estimated at $467,838, approximately $282 per square foot. This property was built in 1956. 1226 E Purdue Ave is a home located in Maricopa County with nearby schools including Sunnyslope Elementary School, Sunnyslope High School, and Montessori Day Public Schools Chartered - Mountainside.

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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