1232 E Virginia Ave Phoenix, AZ 85006
Coronado NeighborhoodEstimated payment $4,933/month
Highlights
- Patio
- Central Air
- Desert Landscape
- Longview Elementary School Rated 9+
- Fenced
- Heating System Uses Natural Gas
About This Home
Rare multi-family investment opportunity in central Phoenix's desirable 85006 neighborhood. Well-located brick-constructed building with three units on a generous lot, offering paved assigned parking. The property features central air conditioning, natural gas heating, and concrete flooring, and includes standard appliances. Tenants pay electricity, gas, and cable. Conveniently situated near local amenities, transportation, and key urban corridors.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,037
Year Built
- Built in 1945
Lot Details
- Fenced
- Desert Landscape
Home Design
- Brick Exterior Construction
- Composition Roof
Interior Spaces
- Blinds
- Fire and Smoke Detector
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- Paved Parking
- Assigned Parking
Outdoor Features
- Patio
Schools
- North High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Master Water Meter
- Cable TV Available
Listing and Financial Details
- The owner pays for water, sewer, trash collection, landscaping
- Tax Lot 121
- Assessor Parcel Number 117-21-120
Community Details
Overview
- 3 Units
- Building Dimensions are 120X62
- South Country Club Manor Subdivision
Pet Policy
- Pets Allowed with Restrictions
Building Details
- Operating Expense $3,712
- Gross Income $48,450
- Net Operating Income $39,620
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,037 | $7,987 | -- | -- |
| 2024 | $968 | $7,607 | -- | -- |
| 2023 | $968 | $52,110 | $10,420 | $41,690 |
| 2022 | $963 | $32,300 | $6,460 | $25,840 |
| 2021 | $979 | $26,580 | $5,310 | $21,270 |
| 2020 | $954 | $19,580 | $3,910 | $15,670 |
| 2019 | $913 | $15,920 | $3,180 | $12,740 |
| 2018 | $883 | $12,520 | $2,500 | $10,020 |
| 2017 | $810 | $12,200 | $2,440 | $9,760 |
| 2016 | $782 | $10,010 | $2,000 | $8,010 |
| 2015 | $727 | $8,530 | $1,700 | $6,830 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/23/2026 02/23/26 | For Sale | $900,000 | 0.0% | -- | |
| 02/03/2023 02/03/23 | Rented | $1,495 | 0.0% | -- | |
| 01/25/2023 01/25/23 | Under Contract | -- | -- | -- | |
| 01/20/2023 01/20/23 | For Rent | $1,495 | 0.0% | -- | |
| 10/16/2020 10/16/20 | Sold | $699,900 | +0.1% | $315 / Sq Ft | View Prior Sale |
| 08/29/2020 08/29/20 | For Sale | $699,000 | +9.2% | $315 / Sq Ft | |
| 07/31/2019 07/31/19 | Sold | $640,000 | -3.0% | $288 / Sq Ft | View Prior Sale |
| 05/28/2019 05/28/19 | For Sale | $660,000 | +112.9% | $297 / Sq Ft | |
| 05/22/2018 05/22/18 | Sold | $310,000 | -2.8% | $140 / Sq Ft | View Prior Sale |
| 04/10/2018 04/10/18 | For Sale | $319,000 | 0.0% | $144 / Sq Ft | |
| 10/27/2012 10/27/12 | Rented | $549 | 0.0% | -- | |
| 10/27/2012 10/27/12 | Under Contract | -- | -- | -- | |
| 09/14/2012 09/14/12 | For Rent | $549 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Wfg National Title Ins Co | |
| Deed | -- | Wfg National Title Ins Co | |
| Warranty Deed | $699,900 | Wfg National Title Ins Co | |
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Chicago Title Agency Inc | |
| Warranty Deed | $640,000 | Chicago Title Agency Inc | |
| Warranty Deed | $310,000 | Chicago Title Agency Inc | |
| Warranty Deed | -- | First American Title | |
| Warranty Deed | $272,950 | First American Title Ins Co | |
| Quit Claim Deed | -- | First American Title | |
| Warranty Deed | $244,900 | First American Title Ins Co | |
| Warranty Deed | -- | First Southwestern Title | |
| Trustee Deed | -- | -- | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $524,925 | New Conventional | |
| Previous Owner | $480,000 | New Conventional | |
| Previous Owner | $259,000 | Construction | |
| Previous Owner | $205,500 | New Conventional | |
| Previous Owner | $158,600 | New Conventional | |
| Previous Owner | $77,000 | No Value Available |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6988812
APN: 117-21-120
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.
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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Ask me questions while you tour the home.