NOT LISTED FOR SALE

1229 E Madison St Phoenix, AZ 85034

Garfield Neighborhood

Estimated Value: $275,000 - $372,000

2 Beds
1 Bath
851 Sq Ft
$394/Sq Ft Est. Value

Last Sold May 18, 2020

Last sale price $235,000 $276 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,835/month

27 Days on Market

Highlights

  • The property is located in a historic district
  • 3-minute walk to 12Th St/Jefferson
  • Private Yard
  • Phoenix Coding Academy Rated A
  • Property is near public transit and bus stop
  • No HOA

About This Home

As of May 2020

MULTI-FAMILY OPPORTUNITY to own less than ONE mile from CHASE FIELD, ONE mile to TALKING STICK RESORT ARENA, ONE mile to ARIZONA SCIENCE CENTER, ONE mile to the UNIVERSITY OF ARIZONA COLLEGE OF MEDICINE, ONE mile to SYMPHONY HALL, just down from ROOSEVELT ROW, THE VIG, PHX PUBLIC MARKET, THE OPEN-AIR FARMERS MARKET, you name it... it's here. LIVE-WORK-PLAY

Last Agent to Sell the Property

Stacy Dragos

Century 21 Toma Partners License #SA662599000 Listed on: 03/13/2020

Century 21 Toma Partners

Last Buyer's Agent

David Sorensen

HomeSmart License #SA650306000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $561

Year Built

  • Built in 1950

Lot Details

  • 7,000 Sq Ft Lot
  • Block Wall Fence
  • Private Yard
  • Grass Covered Lot

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 851 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Security System Owned
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 1 Bathroom

Parking

  • 2 Carport Spaces
  • Side or Rear Entrance to Parking

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Location

  • Property is near public transit and bus stop
  • The property is located in a historic district

Schools

  • Garfield Elementary And Middle School
  • Phoenix Coding Academy High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Collins Phoenix Blks 23 26, 17, 27 Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 21
  • Assessor Parcel Number 116-49-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$561

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: 7th Street & Madison
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2020
  • Updated Floors: Full
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2020
  • Updated Plumbing: Full
  • Items Updated Plmbg Yr Updated: 2020
  • Updated Room Addition: Full
  • Items Updated Rm Adtn Yr Updated: 2020
  • Updated Wiring: Full
  • Items Updated Wiring Yr Updated: 2020
  • Parking Spaces Slab Parking Spaces: 2.0
  • Parking Spaces Total Covered Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1950
  • Tax Year: 2018
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: COLLINS PHOENIX BLKS 23-26, 17, 27
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 276.15
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Possible Use: Other
  • Spa Features: None
  • Appliances: Gas Cooktop
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, No Interior Steps, 3/4 Bath Master Bdrm
  • Living Area: 851.0
  • Stories: 1
  • Kitchen Features:RangeOven Gas: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Historic District: Yes
  • Community Features:Near Light Rail Stop: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Yard, Storage
  • Lot Features: Alley, Grass Front, Grass Back
  • Pool Features: None
  • View: City Light View(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Side Vehicle Entry
  • Attached Garage: No
  • Carport Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Parking Features:Side Vehicle Entry: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Wshr/Dry HookUp Only
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Near Bus Stop, Historic District
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Garfield School
  • High School: Phoenix Coding Academy
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Garfield School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7000.0
  • Parcel #: 116-49-005

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 561.0
  • Tax Block: 21
  • Tax Book Number: 116.00
  • Tax Lot: 5
  • Tax Map Number: 49.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2021
Sold by
Ashcraft Daniel and Ashcraft Heidi A
Bought by
Armendarez Carter
Current Estimated Value
$335,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,400
Outstanding Balance
$233,313
Interest Rate
1.99%
Mortgage Type
New Conventional
Estimated Equity
$101,709

Purchase Details

Listed on
Mar 13, 2020
Closed on
Apr 14, 2020
Sold by
Funari Richard John and Funari Nancy Kay
Bought by
Ashcraft Daniel and Ashcraft Heidi A
Seller's Agent
Stacy Dragos
Century 21 Toma Partners
Buyer's Agent
David Sorensen
HomeSmart
List Price
$248,000
Sold Price
$235,000
Premium/Discount to List
-$13,000
-5.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%
Original Mortgage
$223,250
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2019
Sold by
Dragos Stacy and Funari Nancy K
Bought by
Funari Richard John and Funari Nancy Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2005
Sold by
Clark Carolyn A
Bought by
Clark Carolyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 1996
Sold by
Clark Clifford H and Clark Lalor
Bought by
Clark Carolyn A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Armendarez Carter -- Amrock Inc
Ashcraft Daniel $235,000 First American Title Ins Co
Funari Richard John -- Chicago Title Agency
Dragos Stacy $74,000 Chicago Title Agency
Clark Carolyn A -- Chicago Title Co
Clark Carolyn A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armendarez Carter $258,400
Closed Ashcraft Daniel $223,250
Previous Owner Dragos Stacy $59,000
Previous Owner Clark Carolyn A $109,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2020 05/18/20 Sold $235,000 -5.2% $276 / Sq Ft
04/09/2020 04/09/20 Pending -- -- --
03/31/2020 03/31/20 For Sale $248,000 0.0% $291 / Sq Ft
03/26/2020 03/26/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $248,000 -- $291 / 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 $992 $7,844 -- --
2024 $921 $7,471 -- --
2023 $921 $21,870 $4,370 $17,500
2022 $886 $18,070 $3,610 $14,460
2021 $887 $11,950 $2,390 $9,560
2020 $899 $11,270 $2,250 $9,020
2019 $1,004 $8,130 $1,620 $6,510
2018 $561 $6,860 $1,370 $5,490
2017 $548 $5,510 $1,100 $4,410
2016 $532 $4,860 $970 $3,890
2015 $493 $3,930 $780 $3,150
Source: Public Records

Agents Affiliated with this Home

  • Stacy Dragos

    Seller's Agent in 2020

    Stacy Dragos

    Century 21 Toma Partners

    (623) 632-0575

    103 Total Sales

    Stacy Dragos
    Section Image
  • David Sorensen

    Buyer's Agent in 2020

    David Sorensen

    HomeSmart

    (602) 320-9995

    46 Total Sales

    David Sorensen
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6049940

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-49-005

Arizona Maricopa County Phoenix 85034 Garfield

1229 E Madison St, Phoenix, AZ

Not Listed for Sale

Detached

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

Nearby Homes