NOT LISTED FOR SALE

1229 E Madison St Phoenix, AZ 85034

Garfield Neighborhood

Estimated Value: $334,224 - $373,000

2 Beds
1 Bath
851 Sq Ft
$408/Sq Ft Est. Value

Sale Details

Date Sold: May 18, 2020

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

Est. 48% increase in value since last sale

Current estimated payment $1,954 / mo

27 Days on Market

Highlights

  • The property is located in a historic district
  • 3-minute walk to 12Th St/Jefferson
  • Property is near public transit and bus stop
  • Phoenix Coding Academy Rated A
  • City Lights View
  • Great Room

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
  • Private Yard
  • Grass Covered Lot

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 851 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Combination Dining and Living Room
  • Tile Flooring
  • City Lights Views
  • Security System Owned
  • Washer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • 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

7,000 Sq Ft Lot

Listing Details

  • Cross Street: 7th Street & Madison
  • Property Type: Residential
  • Ownership: Fee Simple
  • Recreation Center Fee 2: N
  • Recreation Center Fee: 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
  • 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
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Possible Use: Other
  • Spa Features: None
  • Appliances: Gas Cooktop, Gas Oven, Gas Range
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: 3/4 Bath Master Bdrm, Eat-in Kitchen, Non-laminate Counter, No Interior Steps
  • Living Area: 851.0
  • Stories: 1

Exterior Features

  • Fencing: Block
  • Exterior Features: Storage, Private Yard
  • Lot Features: Alley, Grass Front, Grass Back
  • Pool Private: No
  • View: City Lights
  • Disclosures: Seller Discl Avail, Agency Discl Req
  • Construction Type: Block, Painted
  • Patio And Porch Features: Patio, Covered Patio(s)
  • Roof: Composition

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Washer Hookup
  • Security: Security System Owned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

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

Association/Amenities

  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $

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 Lot: 5

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

Closed on
Nov 12, 2021
Sold by
Bought by
Current Estimated Value
$346,806

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
$113,493

Purchase Details

Listed on
Mar 13, 2020
Closed on
Apr 14, 2020
Sold by
Bought by
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
6.63%
Original Mortgage
$223,250
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2019
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
$59,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2005
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
$109,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
-- Amrock Inc
$235,000 First American Title Ins Co
-- Chicago Title Agency
$74,000 Chicago Title Agency
-- Chicago Title Co
-- --
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
Open $258,400
Closed $223,250
Previous Owner $59,000
Previous Owner $109,000
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
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

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 $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

    98 Total Sales

    Stacy Dragos
    Section Image
  • David Sorensen

    Buyer's Agent in 2020

    David Sorensen

    HomeSmart

    (602) 320-9995

    49 Total Sales

    David Sorensen
    Section Image
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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

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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