NOT LISTED FOR SALE

1237 S 12th Ave Phoenix, AZ 85007

Central City Neighborhood

Estimated Value: $431,020 - $467,000

-- Bed
1 Bath
2,010 Sq Ft
$225/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $105,000 $52 Per Sq Ft

Est. 331% increase in value since last sale

Current estimated payment $2,485/month

18 Days on Market

Highlights

  • Cooling Available
  • Vinyl Flooring
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of May 2013

DUPLEX BUILT IN 2006, 100% OCCUPIED, 3BEDROOM TWO BATH UNITS WITH WASHER/DRYER HOOKUPS, COMMERCIAL TILE THROUGH OUT BOTH APARTMENTS. INSIDE INSPECTION ONLY WITH ACCEPTED CONTRACT.

Last Agent to Sell the Property

Robert Passariello

Realty Executives Arizona Territory License #SA538257000 Listed on: 04/01/2013

Realty Executives Arizona Territory

Last Buyer's Agent

James Taylor

Long Realty West Valley License #SA646736000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $813

Year Built

  • Built in 2006

Lot Details

  • 6,011

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Vinyl Flooring

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 19
  • Assessor Parcel Number 105-02-047

Community Details

Overview

  • 2 Units
  • Building Dimensions are Irregular

Building Details

  • Gross Income $15,600
  • Net Operating Income $12,447

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$813

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Cross Street: 12th Ave & Buckeye
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi Family
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2006
  • Tax Year: 2012
  • Directions: SOUTH ON 12TH AVE FROM BUCKEYE, DUPLEX ON THE EAST SDE OF THE STREET.
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: >1 Space Per Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Individual, Electric
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Annual Water Sewer Expense: 1740.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: Irregular
  • Additional Parcels: No
  • Parcel #: 105-02-047

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 15600.0
  • Insurance Expense: 600.0
  • Property Net Operating Income: 12447.0

Tax Info

  • Tax Annual Amount: 813.0
  • Tax Book Number: 105.00
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2013
Closed on
Apr 25, 2013
Sold by
Maxey Bruce and Passariello Robert
Bought by
Tasinga Penn N
Seller's Agent
Robert Passariello
Realty Executives Arizona Territory
Buyer's Agent
James Taylor
Long Realty West Valley
List Price
$109,000
Sold Price
$105,000
Premium/Discount to List
-$4,000
-3.67%
Current Estimated Value
$452,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,673
Avg. Annual Appreciation
12.77%
Original Mortgage
$71,250
Outstanding Balance
$50,434
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$411,726

Purchase Details

Closed on
Mar 18, 2011
Sold by
Weigthman Kelly Lynn
Bought by
Passariello Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,900
Interest Rate
4.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2011
Sold by
Knoebl Emmerich
Bought by
Federal Home Loan Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,900
Interest Rate
4.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Maxey Bruce

Purchase Details

Closed on
Dec 8, 2006
Sold by
Knoebl Emmerich
Bought by
Strategic Enterprises Llc

Purchase Details

Closed on
Aug 22, 2005
Sold by
Knutson Andrew and Knutson Jennifer
Bought by
Knoebl Emmerich

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
8.25%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 1, 2005
Sold by
Knoebl Catrina
Bought by
Knoebl Emmerich

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
8.25%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 25, 2004
Sold by
Provost Patrick G
Bought by
Knutson Andrew and Knutson Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,800
Interest Rate
5.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 13, 2003
Sold by
Hoffman Stephanie J
Bought by
Provost Patrick G

Purchase Details

Closed on
Apr 3, 1996
Sold by
Richardson Helen Ann
Bought by
Hoffman Stephanie J
Source: Public Records

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
Tasinga Penn N $105,000 Great American Title Agency
Passariello Robert -- None Available
Passariello Robert -- None Available
Federal Home Loan Mortgage Corporation $200,726 Lsi Title Company
Maxey Bruce $40,000 None Available
Strategic Enterprises Llc -- None Available
Knoebl Emmerich $79,183 Capital Title Agency Inc
Knoebl Emmerich -- Capital Title Agency Inc
Knutson Andrew $37,800 Capital Title Agency Inc
Provost Patrick G $30,000 First Financial Title Agency
Hoffman Stephanie J -- --
Richardson Helen Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tasinga Penn N $71,250
Previous Owner Passariello Robert $43,900
Previous Owner Knoebl Emmerich $189,000
Previous Owner Knoebl Emmerich $189,000
Previous Owner Knutson Andrew $21,800
Closed Knutson Andrew $18,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2013 05/31/13 Sold $105,000 -3.7% $52 / Sq Ft
04/19/2013 04/19/13 Pending -- -- --
04/01/2013 04/01/13 For Sale $109,000 -- $54 / 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 $1,134 $8,479 -- --
2024 $1,123 $8,075 -- --
2023 $1,123 $27,170 $5,430 $21,740
2022 $1,083 $18,950 $3,790 $15,160
2021 $1,075 $15,730 $3,140 $12,590
2020 $1,087 $13,480 $2,690 $10,790
2019 $1,085 $12,360 $2,470 $9,890
2018 $1,067 $12,370 $2,470 $9,900
2017 $1,042 $10,700 $2,140 $8,560
2016 $1,012 $8,460 $1,690 $6,770
2015 $937 $7,280 $1,450 $5,830
Source: Public Records

Agents Affiliated with this Home

  • Robert Passariello

    Seller's Agent in 2013

    Robert Passariello

    Realty Executives

    (480) 998-0676

    4 in this area

    11 Total Sales

    Robert Passariello
    Section Image

  • J

    Buyer's Agent in 2013

    James Taylor

    Long Realty West Valley

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4913332

Arizona Regional Multiple Listing Service (ARMLS)

APN: 105-02-047

Arizona Maricopa County Phoenix 85007 Central City

1237 S 12th Ave, Phoenix, AZ

This home is located at 1237 S 12th Ave, Phoenix, AZ 85007 since 01 April 2013 and is currently estimated at $452,673, approximately $225 per square foot. This property was built in 2006. 1237 S 12th Ave is a home located in Maricopa County with nearby schools including Mary Mcleod Bethune 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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