NOT LISTED FOR SALE

1229 W Pierce St Phoenix, AZ 85007

Central City Neighborhood

Estimated Value: $712,000 - $730,000

-- Bed
-- Bath
1,972 Sq Ft
$366/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $135,000 $68 Per Sq Ft

Est. 434% increase in value since last sale

Current estimated payment $4,101/month

97 Days on Market

Highlights

  • Cooling Available
  • Central Heating
  • Ceiling Fan
  • Phoenix Coding Academy Rated A

About This Home

As of February 2015

**WOW** Total renovated 4 plex (new AC units, ceramic tile, cabinets, paint, water heaters, service panels, fixtures and more). Renovations just complete and ready for lease up. Units consist of one 3 bed, 2 studios and one 1 bed. Units 1, 2 & 4 currently leased. #1 (1 bed @ $415) #2 (Studio @ $385) & #4 (3 bed @ $565). Unit 3 vacant

Last Listed By

David Gudmundsen

Better Homes & Gardens Real Estate SJ Fowler License #BR105719000 Listed on: 10/28/2014

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $681

Year Built

  • Built in 1975

Lot Details

  • 6,665

Home Design

  • Metal Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Utilities

  • Cooling Available
  • Central Heating
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, landscaping
  • Tax Lot 22
  • Assessor Parcel Number 111-27-164

Community Details

Overview

  • 4 Units
  • Building Dimensions are 6675

Building Details

  • Operating Expense $681

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$681

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Cross Street: 15th Ave and Roosevelt
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 1
  • Year Built: 1975
  • Tax Year: 2013
  • Directions: South on 15th Ave to Pierce, east on Pierce to property. South side of street.
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: See Remarks, Metal, Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Individual, Heat Pump, Ceiling Fan(s)
  • Heating: Central, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Lot Info

  • Lot Size: 6675
  • Additional Parcels: No
  • Parcel #: 111-27-164

Multi Family

  • Owner Pays: Trash Collection, Water, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Operating Expense: 681.0

Tax Info

  • Tax Annual Amount: 681.0
  • Tax Book Number: 111.00
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2015
Sold by
Scooter Investments Llc
Bought by
Park Eight Llc
Total Days on Market
97
Current Estimated Value
$721,000

Purchase Details

Listed on
Oct 28, 2014
Closed on
Feb 26, 2015
Sold by
Equity Trust Company
Bought by
Scooter Investments Llc
Seller's Agent
David Gudmundsen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Jared Piper
My Home Group Real Estate
List Price
$159,900
Sold Price
$135,000
Premium/Discount to List
-$24,900
-15.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.78%

Purchase Details

Listed on
Sep 19, 2013
Closed on
Nov 5, 2013
Sold by
Coffee Cup A Llc
Bought by
Equity Trust Company
Seller's Agent
Steve Olson
Keller Williams Realty Biltmore Partners
Buyer's Agent
David Gudmundsen
Better Homes & Gardens Real Estate SJ Fowler
List Price
$98,200
Sold Price
$80,000
Premium/Discount to List
-$18,200
-18.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.50%

Purchase Details

Closed on
Feb 28, 2012
Sold by
Desai Sreedhar
Bought by
Coffee Cup A Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,018
Interest Rate
3.83%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 10, 2011
Sold by
Statewide Housing Solutions Llc
Bought by
Desai Sreedhar

Purchase Details

Closed on
Jul 22, 2011
Sold by
Soldo Paul
Bought by
Desai Sree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
4.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 19, 2011
Sold by
Soldo Paul
Bought by
Statewide Housing Solutions

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
4.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 26, 2011
Sold by
Seeley John Robert and Seeley John
Bought by
Soldo Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
4.73%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 1, 2011
Sold by
Continental Housing Solutions Llc
Bought by
Soldo Paul

Purchase Details

Closed on
Feb 2, 2011
Sold by
Continental Housing Solutions Llc
Bought by
Seeley John Robert and Seeley John

Purchase Details

Closed on
Jun 8, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Continental Housing Solutions Llc

Purchase Details

Closed on
Feb 16, 2010
Sold by
Rodriguez Benito
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Sep 20, 2005
Sold by
Rodriguez Margarita H
Bought by
Rodriguez Benito

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2004
Sold by
Tarazon Ramona
Bought by
Garcia Hector D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,700
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2002
Sold by
Walke Thomas C and Walke Annette
Bought by
Tarazon Ramona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,600
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2001
Sold by
Jensen Mark A
Bought by
Walke Thomas C and Walke Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 27, 2000
Sold by
Davidge Willis J and Davidge Norma Linda
Bought by
Jensen Mark A

Purchase Details

Closed on
May 28, 2000
Sold by
Jensen Sheli K
Bought by
Jensen Mark A

Range of Values:

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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

Date Buyer Sale Price Title Company
Park Eight Llc -- None Available
Scooter Investments Llc $255,000 Great Amer Title Agency Inc
Equity Trust Company $160,000 Magnus Title Agency
Coffee Cup A Llc $94,500 Old Republic Title Agency
Desai Sreedhar -- Accommodation
Desai Sreedhar -- None Available
Desai Sree -- None Available
Statewide Housing Solutions -- None Available
Soldo Paul -- None Available
Soldo Paul -- None Available
Seeley John Robert -- None Available
Continental Housing Solutions Llc $36,000 Lsi Title Fnds Division
Deutsche Bank National Trust Company $67,500 Accommodation
Rodriguez Benito -- Security Title Agency Inc
Rodriguez Benito $225,000 Security Title Agency Inc
Garcia Hector D $153,000 Chicago Title Insurance Co
Tarazon Ramona $144,500 Capital Title Agency Inc
Walke Thomas C $80,000 Capital Title Agency
Jensen Mark A $103,500 Stewart Title
Jensen Mark A -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Eight Llc $500,000
Closed Park Eight Llc $196,000
Previous Owner Coffee Cup A Llc $46,018
Previous Owner Soldo Paul $15,000
Previous Owner Soldo Paul $22,000
Previous Owner Rodriguez Benito $202,500
Previous Owner Garcia Hector D $137,700
Previous Owner Tarazon Ramona $115,600
Previous Owner Walke Thomas C $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2015 02/27/15 Sold $135,000 -15.6% $68 / Sq Ft
02/02/2015 02/02/15 Pending -- -- --
10/28/2014 10/28/14 For Sale $159,900 +99.9% $81 / Sq Ft
11/15/2013 11/15/13 Sold $80,000 -18.5% $41 / Sq Ft
10/28/2013 10/28/13 Pending -- -- --
09/18/2013 09/18/13 For Sale $98,200 -- $50 / 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 $1,016 $7,594 -- --
2024 $1,006 $7,232 -- --
2023 $1,006 $46,320 $9,260 $37,060
2022 $970 $32,250 $6,450 $25,800
2021 $963 $26,400 $5,280 $21,120
2020 $974 $24,880 $4,970 $19,910
2019 $972 $21,050 $4,210 $16,840
2018 $956 $16,030 $3,200 $12,830
2017 $933 $15,450 $3,090 $12,360
2016 $907 $14,110 $2,820 $11,290
2015 $839 $7,980 $1,590 $6,390
Source: Public Records

Agents Affiliated with this Home

  • David Gudmundsen

    Seller's Agent in 2015

    David Gudmundsen

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 830-2552

    46 Total Sales

    David Gudmundsen
    Section Image

  • J

    Buyer's Agent in 2015

    Jared Piper

    My Home Group

    (602) 618-0103

    21 Total Sales

    Jared Piper
    Section Image

  • S

    Seller's Agent in 2013

    Steve Olson

    Keller Williams Realty Biltmore Partners

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5191708

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-27-164

Arizona Maricopa County Phoenix 85007 Central City

1229 W Pierce St, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 1229 W Pierce St, Phoenix, AZ 85007 since 28 October 2014 and is currently estimated at $721,000, approximately $365 per square foot. This property was built in 1975. 1229 W Pierce St is a home located in Maricopa County with nearby schools including Kenilworth Elementary School, Phoenix Coding Academy, and Central High School.

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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