Seller's Agent in 2025
Andrew Arambula
ABI Multifamily
(602) 513-5200
11 in this area
58 Total Sales
1242 E Pierce St Phoenix, AZ 85006
Garfield NeighborhoodEstimated Value: $536,000 - $759,000
Studio
--
Bath
1,924
Sq Ft
$347/Sq Ft
Est. Value
Highlights
- Central Heating and Cooling System
- Phoenix Coding Academy Rated A
- Vinyl Flooring
About This Home
As of January 20254 Units, Garden-Style Property, Built-in 1983. All One-Bedroom / One-Bathroom Units. Individual Storage Units Plus Owner Storage. Value-Add Opportunity Through Interior & Exterior Renovations. Located in the Popular Garfield Historic District, Minutes From Downtown Phoenix. Individually Metered for Electricity.
Last Agent to Sell the Property
ABI Multifamily License #SA688881000 Listed on: 09/20/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,335
Year Built
- Built in 1983
Lot Details
- 6,752
Home Design
- Composition Roof
- Block Exterior
Flooring
- Vinyl Flooring
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Individual Controls for Heating
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for trash collection, water, sewer
- Tax Lot 11
- Assessor Parcel Number 116-24-035
Community Details
Overview
- 4 Units
- Building Dimensions are 46.97x138.04x46.97x138.04
- Erharts Sub Subdivision
Building Details
- Operating Expense $1,335
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 20, 2024
Closed on
Dec 17, 2024
Sold by
Juan Elius Andres
Bought by
Panda 1242 Llc
Seller's Agent
Andrew Arambula
ABI Multifamily
Buyer's Agent
Kristi Thames
Dunlap & Magee Property Management, INC.
List Price
$740,000
Sold Price
$725,000
Premium/Discount to List
-$15,000
-2.03%
Views
19
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
-$56,772
Avg. Annual Appreciation
-7.83%
Original Mortgage
$556,800
Outstanding Balance
$551,739
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$116,489
Purchase Details
Listed on
Oct 8, 2015
Closed on
Jan 22, 2016
Sold by
Johnson Lisa N
Bought by
Juan Elius Andres
Seller's Agent
James Stephens
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Brandon Shroyer
Arizona Premier Realty Homes & Land, LLC
List Price
$192,900
Sold Price
$185,000
Premium/Discount to List
-$7,900
-4.1%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.47%
Original Mortgage
$181,649
Interest Rate
4.37%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 4, 2010
Sold by
La Mesa Grande Llc
Bought by
Johnson Lisa N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,250
Interest Rate
4.26%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 10, 2010
Sold by
Ez Homes Inc
Bought by
La Mesa Grande Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.11%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 13, 2010
Sold by
Cho Fong K
Bought by
Ez Homes
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.11%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 16, 2005
Sold by
1242 E Pierce Llc
Bought by
Marquez Ronaldo A and Marquez Carolyn J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,800
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 3, 2005
Sold by
Marquez Ronaldo A and Marquez Carolyn J
Bought by
Cho Fong K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,800
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 10, 2004
Sold by
Marquez Ronaldo A and Marquez Carolyn J
Bought by
1242 Pierce Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,800
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 10, 2001
Sold by
Frank Alvin Wiley and Maxine Frank A
Bought by
Marquez Ronaldo A and Marquez Carolyn J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
7.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 27, 1997
Sold by
Moore Marion J and Moore Sylvia J
Bought by
The Moore Revocable Family Trust
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
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Panda 1242 Llc | $725,000 | Pioneer Title Agency | |
| Juan Elius Andres | $185,000 | Security Title Agency Inc | |
| Johnson Lisa N | $87,500 | Lawyers Title Of Arizona Inc | |
| La Mesa Grande Llc | -- | None Available | |
| Ez Homes | $65,000 | None Available | |
| Marquez Ronaldo A | -- | Chicago Title Insurance Co | |
| Cho Fong K | $201,000 | Chicago Title Insurance Co | |
| 1242 Pierce Llc | -- | -- | |
| Marquez Ronaldo A | $95,000 | American Title Insurance | |
| The Moore Revocable Family Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Panda 1242 Llc | $556,800 | |
| Previous Owner | Juan Elius Andres | $181,649 | |
| Previous Owner | Johnson Lisa N | $61,250 | |
| Previous Owner | La Mesa Grande Llc | $60,000 | |
| Previous Owner | Cho Fong K | $160,800 | |
| Previous Owner | Marquez Ronaldo A | $85,500 | |
| Closed | Cho Fong K | $20,100 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/24/2025 01/24/25 | Sold | $725,000 | -0.7% | $377 / Sq Ft | |
| 01/15/2025 01/15/25 | Pending | -- | -- | -- | |
| 11/13/2024 11/13/24 | Price Changed | $730,000 | -0.7% | $379 / Sq Ft | |
| 10/01/2024 10/01/24 | Price Changed | $735,000 | -0.7% | $382 / Sq Ft | |
| 10/01/2024 10/01/24 | Price Changed | $739,999 | 0.0% | $385 / Sq Ft | |
| 09/20/2024 09/20/24 | For Sale | $740,000 | +300.0% | $385 / Sq Ft | |
| 02/12/2016 02/12/16 | Sold | $185,000 | -4.1% | $96 / Sq Ft | View Prior Sale |
| 12/18/2015 12/18/15 | Pending | -- | -- | -- | |
| 09/30/2015 09/30/15 | For Sale | $192,900 | -- | $100 / 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 | $1,432 | $10,078 | -- | -- |
| 2024 | $1,335 | $9,598 | -- | -- |
| 2023 | $1,335 | $39,860 | $7,970 | $31,890 |
| 2022 | $1,287 | $27,900 | $5,580 | $22,320 |
| 2021 | $1,278 | $23,330 | $4,660 | $18,670 |
| 2020 | $1,292 | $21,780 | $4,350 | $17,430 |
| 2019 | $1,290 | $13,650 | $2,730 | $10,920 |
| 2018 | $1,268 | $12,660 | $2,530 | $10,130 |
| 2017 | $1,239 | $11,580 | $2,310 | $9,270 |
| 2016 | $1,203 | $9,570 | $1,910 | $7,660 |
| 2015 | $1,113 | $9,030 | $1,800 | $7,230 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew Arambula
-
Tom Palestina
Seller Co-Listing Agent in 2025
Tom Palestina
ABI Multifamily
(602) 714-1400
6 in this area
41 Total Sales
-
Kristi Thames
Buyer's Agent in 2025
Kristi Thames
Dunlap & Magee Property Management, INC.
(602) 244-1006
2 in this area
21 Total Sales
-
James Stephens
J
Seller's Agent in 2016
James Stephens
Better Homes & Gardens Real Estate SJ Fowler
(602) 672-3526
52 Total Sales
-
B
Buyer's Agent in 2016
Brandon Shroyer
Arizona Premier Realty Homes & Land, LLC
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6760352
APN: 116-24-035
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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