NOT LISTED FOR SALE

Estimated Value: $345,000 - $421,832

-- Bed
1 Bath
917 Sq Ft
$432/Sq Ft Est. Value

Sale Details

Date Sold: November 2, 2022

Last sale price $440,000 $480 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $2,232 / mo

26 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of November 2022

Great investment opportunity, TWO single family dwellings on one lot, each are 3BR/1BA units. Both units were remodeled between 2018-2019, both are on a month to month lease bellow market rent. Within couple of miles from this home you will find Innovation District in the heart of Downtown Phoenix with higher education schools, Government mall, art corridor, museums, stadiums, entertainment, dining, hotels, convention center, and major employment companies and less than 5 miles from Phoenix International Airport; it
is located less than 2 miles from the 1-10 and I-17 connecting with all other mayor freeways affording an easy employment, school, or entertainment commute throughout the Grater Phoenix Metro area.

Last Agent to Sell the Property

Yadira Solorio Crane

Crane Real Estate License #BR651251000 Listed on: 08/25/2022

Co-Listed By

Steven Crane

Crane Real Estate License #BR562054000

Last Buyer's Agent

Eleazar Medrano

Real Broker License #SA545022000

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $584

Year Built

  • Built in 2003

Parking

  • On-Street Parking

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Schools

  • Mary Mcleod Bethune Elementary And Middle School

Utilities

  • Central Air
  • Heating Available
  • Natural Gas Not Available

Listing and Financial Details

  • Tenant pays for water, sewer, electricity, trash collection, landscaping
  • Tax Lot 15
  • Assessor Parcel Number 105-02-043

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 50'X 120.'
  • Brown Lots Subdivision

Building Details

  • Operating Expense $584

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$584

Year Built

Built in 2003

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 2TH AVE RENTALS LLC
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 2003
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: cran001
  • Co List Office Phone: 480-812-5447
  • Subdivision Name: BROWN LOTS
  • Const - Finish:Const - Finish: Painted, Stucco
  • Cooling:Cooling: Central Air
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: APS
  • Sale Includes:Sale Includes: Land & Building
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Built-In Range
  • Interior Features:Interior Features: Unfurnished

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Parking Features: On Street, >1 Space Per Unit
  • Attached Garage: No
  • Parking Features:Parking Features: On Street, >1 Space Per Unit

Utilities

  • Electric: APS
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Gas:Gas: None

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Elementary School: Mary Mcleod Bethune School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Mary Mcleod Bethune School

Lot Info

  • Lot Size: 50'X 120.'
  • Additional Parcels: No
  • Parcel #: 105-02-043

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Sewer, Electricity, Trash Collection, Landscaping
  • Number Of Units Total: 2
  • Annual Operating Expense: 584.0
  • Vacancy Allowance Rate: 5.0

Tax Info

  • Tax Annual Amount: 584.0
  • Tax Lot: 15

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
Aug 25, 2022
Closed on
Oct 10, 2022
Sold by
Bought by
Seller's Agent
Yadira Solorio Crane
Crane Real Estate
Buyer's Agent
Eleazar Medrano
Real Broker
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%
Views
10
Current Estimated Value
$396,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,542
Avg. Annual Appreciation
-2.75%
Original Mortgage
$330,000
Interest Rate
0.067%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2021
Sold by
Bought by

Purchase Details

Listed on
Jun 28, 2018
Closed on
Jul 9, 2018
Sold by
Bought by
Seller's Agent
AZ Araujo
A.Z. & Associates
Buyer's Agent
Hillary Key
A.Z. & Associates
List Price
$84,530
Sold Price
$98,000
Premium/Discount to List
$13,470
15.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.96%

Purchase Details

Closed on
Apr 1, 2011
Sold by
Bought by

Purchase Details

Closed on
Dec 9, 2010
Sold by
Bought by

Purchase Details

Closed on
Feb 4, 2010
Sold by
Bought by

Purchase Details

Closed on
Feb 1, 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
$172,296
Interest Rate
0.0581%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 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
$172,296
Interest Rate
0.0581%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 24, 2003
Sold by
Bought by

Purchase Details

Closed on
Feb 12, 2002
Sold by
Bought by

Purchase Details

Closed on
Jan 4, 2002
Sold by
Bought by
Source: Public Records
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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
$440,000 Security Title
-- None Available
$98,000 Lawyers Title Of Arizona Inc
-- None Available
-- First American Title Ins Co
$191,597 Accommodation
-- Title Security Agency Of Az
$178,500 Title Security Agency Of Az
-- --
-- --
$6,000 Grand Canyon Title Agency In
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 $330,000
Previous Owner $197,400
Previous Owner $172,296
Previous Owner $172,296
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
01/02/2026 01/02/26 Off Market $440,000 -- --
11/02/2022 11/02/22 Sold $440,000 -2.2% $480 / Sq Ft
10/31/2022 10/31/22 For Sale $450,000 0.0% $491 / Sq Ft
10/31/2022 10/31/22 Price Changed $450,000 0.0% $491 / Sq Ft
09/10/2022 09/10/22 Price Changed $450,000 -8.2% $491 / Sq Ft
08/25/2022 08/25/22 For Sale $490,000 +400.0% $534 / Sq Ft
07/13/2018 07/13/18 Sold $98,000 +15.9% $107 / Sq Ft View Prior Sale
07/05/2018 07/05/18 Pending -- -- --
06/28/2018 06/28/18 For Sale $84,530 -- $92 / 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 $655 $4,610
2024 $610 $4,390
2023 $610 $23,100 $4,620 $18,480
2022 $589 $17,350 $3,470 $13,880
2021 $584 $13,950 $2,790 $11,160
2020 $591 $13,230 $2,640 $10,590
2019 $590 $9,600 $1,920 $7,680
2018 $580 $9,480 $1,890 $7,590
2017 $567 $7,520 $1,500 $6,020
2016 $550 $6,680 $1,330 $5,350
2015 $509 $5,820 $1,160 $4,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6456095

Arizona Regional Multiple Listing Service (ARMLS)

APN: 105-02-043

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