Seller's Agent in 2024
Mitchell Drake
ABI Multifamily
(602) 714-1400
3 in this area
30 Total Sales
1241 E Mckinley St Phoenix, AZ 85006
Garfield NeighborhoodEstimated Value: $610,000 - $904,000
Studio
4
Baths
1,176
Sq Ft
$638/Sq Ft
Est. Value
Highlights
- Cooling Available
- Vinyl Flooring
- Heating Available
- Phoenix Coding Academy Rated A
About This Home
As of June 2024The Repp in Garfield is comprised of two single family homes and one duplex built in 1965, 1968, and 1996. The community consists of (1) large 2-bed / 2-bath home and (3) studio units. In 2023 the property underwent extensive interior and exterior renovations. The exterior renovations consist of all new landscaping, new windows, new sewer line, well-designed private backyards for all units, and much more. The interior renovations consist of all new stainless steel appliance packages, quartz countertops, installation of all new stackable washers and dryers, along with many other improvements. Residents and prospective investors are sure to notice that the Seller paid great attention to detail and spared no expense while rebuilding this property. Ideal for Owner Occupancy.
Last Agent to Sell the Property
ABI Multifamily License #SA675761000 Listed on: 03/28/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,077
Year Built
- Built in 1965
Lot Details
- 6,752
Home Design
- Composition Roof
- Block Exterior
Flooring
- Vinyl Flooring
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- The owner pays for electricity, water, sewer
- Tax Lot 14
- Assessor Parcel Number 116-24-038
Community Details
Overview
- 2 Buildings
- 4 Units
- Building Dimensions are 6,738
- Erharts Sub Subdivision
Building Details
- Operating Expense $1,077
- Gross Income $29,359
- Net Operating Income $42,058
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 28, 2024
Closed on
Jun 7, 2024
Sold by
1241 E Mckinley Street Llc
Bought by
Tony Yd Chen And Lily Wang Family Trust and Wang
Seller's Agent
Mitchell Drake
ABI Multifamily
Buyer's Agent
Carrie Lehrman
SRL Group
List Price
$995,000
Sold Price
$950,000
Premium/Discount to List
-$45,000
-4.52%
Views
29
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$199,912
Avg. Annual Appreciation
-11.47%
Original Mortgage
$156,500
Outstanding Balance
$154,560
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$595,528
Purchase Details
Closed on
Apr 6, 2021
Sold by
Korala Wiran
Bought by
1241 E Mckinley Street Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 3, 2020
Closed on
Nov 20, 2020
Sold by
Trustbank
Bought by
Korala Wiran
Seller's Agent
Joanne Traynor
HomeSmart
Buyer's Agent
Joanne Traynor
HomeSmart
Sold Price
$1,400
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.46%
Original Mortgage
$260,000
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 16, 2010
Sold by
Tokatyan Richard
Bought by
Perna Gloria and Tokatyan Gloria
Purchase Details
Closed on
Apr 13, 2007
Sold by
Tokatyan Gloria Perna
Bought by
Tokatyan Richard A
Purchase Details
Closed on
Nov 7, 2005
Sold by
Fritsche Steven Dwayne and Sierra Fritsche Claudia Guadalupe
Bought by
Tokatyan Richard and Tokatyan Gloria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 10, 2005
Sold by
Simon Jay R and Simon Carole J
Bought by
Fritsche Steven Dwayne and Sierra Fritsche Claudia Guadalupe
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.67%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Apr 30, 2001
Sold by
Bautista Edelmira
Bought by
Simon Jay R and Simon Carole J
Purchase Details
Closed on
Mar 24, 1997
Sold by
Kovacs Anne T
Bought by
Bautista Edelmira
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,438
Interest Rate
7.63%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| Tony Yd Chen And Lily Wang Family Trust | $950,000 | Great American Title Agency | |
| 1241 E Mckinley Street Llc | -- | Chicago Title Agency | |
| Korala Wiran | $325,000 | Equity Title Agency Inc | |
| Perna Gloria | -- | None Available | |
| Tokatyan Richard A | -- | None Available | |
| Tokatyan Richard | $215,000 | Transnation Title | |
| Fritsche Steven Dwayne | $153,000 | Camelback Title Agency Llc | |
| Simon Jay R | $95,000 | Security Title Agency | |
| Bautista Edelmira | $75,000 | First American Title |
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 | Tony Yd Chen And Lily Wang Family Trust | $156,500 | |
| Previous Owner | 1241 E Mckinley Street Llc | $227,500 | |
| Previous Owner | Korala Wiran | $260,000 | |
| Previous Owner | Tokatyan Richard | $172,000 | |
| Previous Owner | Fritsche Steven Dwayne | $140,000 | |
| Previous Owner | Bautista Edelmira | $74,438 | |
| Closed | Tokatyan Richard | $32,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/12/2024 06/12/24 | Sold | $950,000 | -4.5% | $808 / Sq Ft | |
| 04/17/2024 04/17/24 | Pending | -- | -- | -- | |
| 03/28/2024 03/28/24 | For Sale | $995,000 | 0.0% | $846 / Sq Ft | |
| 12/10/2020 12/10/20 | Rented | $1,400 | 0.0% | -- | |
| 12/03/2020 12/03/20 | For Rent | $1,400 | 0.0% | -- | |
| 11/24/2020 11/24/20 | Sold | $325,000 | -15.6% | $276 / Sq Ft | View Prior Sale |
| 11/17/2020 11/17/20 | Pending | -- | -- | -- | |
| 11/12/2020 11/12/20 | Price Changed | $385,000 | -7.2% | $327 / Sq Ft | |
| 10/19/2020 10/19/20 | Price Changed | $415,000 | -2.4% | $353 / Sq Ft | |
| 09/21/2020 09/21/20 | Price Changed | $425,000 | -5.3% | $361 / Sq Ft | |
| 08/31/2020 08/31/20 | Price Changed | $449,000 | -5.5% | $382 / Sq Ft | |
| 08/19/2020 08/19/20 | For Sale | $475,000 | -- | $404 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $1,155 | $8,128 | -- | -- |
| 2024 | $1,077 | $7,741 | -- | -- |
| 2023 | $1,077 | $39,870 | $7,970 | $31,900 |
| 2022 | $1,038 | $25,570 | $5,110 | $20,460 |
| 2021 | $1,030 | $20,430 | $4,080 | $16,350 |
| 2020 | $1,042 | $17,480 | $3,490 | $13,990 |
| 2019 | $1,041 | $14,810 | $2,960 | $11,850 |
| 2018 | $1,023 | $12,560 | $2,510 | $10,050 |
| 2017 | $999 | $11,630 | $2,320 | $9,310 |
| 2016 | $971 | $8,370 | $1,670 | $6,700 |
| 2015 | $898 | $6,860 | $1,370 | $5,490 |
Source: Public Records
Agents Affiliated with this Home
-
Mitchell Drake
-
Carrie Lehrman
Buyer's Agent in 2024
Carrie Lehrman
SRL Group
(480) 338-9641
3 in this area
67 Total Sales
-
Joanne Traynor
Seller's Agent in 2020
Joanne Traynor
HomeSmart
(480) 443-7400
11 Total Sales
-
Dan Gonen
Seller's Agent in 2020
Dan Gonen
RE/MAX
(480) 980-7535
31 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6683188
APN: 116-24-038
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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