NOT LISTED FOR SALE

Estimated Value: $584,000 - $940,000

Studio
-- Bath
1,924 Sq Ft
$382/Sq Ft Est. Value

Sale Details

Date Sold: January 24, 2025

Last sale price $725,000 $377 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,065 / mo

117 Days on Market

Highlights

  • Central Heating and Cooling System
  • Phoenix Coding Academy Rated A
  • Vinyl Flooring

About This Home

As of January 2025

4 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

Andrew Arambula

ABI Multifamily License #SA688881000 Listed on: 09/20/2024

Co-Listed By

Tom Palestina

ABI Multifamily License #SA688331000

Last Buyer's Agent

Kristi Thames

Dunlap & Magee Property Management, INC. License #BR584117000

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,335

Year Built

Built in 1983

Lot Details

6,752 Sq Ft Lot

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2023
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: abim01
  • Co List Office Phone: 602-714-1400
  • Subdivision Name: ERHARTS SUB
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Central A/C
  • Heating: Individual, Central, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 46.97x138.04x46.97x138.04
  • Additional Parcels: No
  • Parcel #: 116-24-035

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Operating Expense: 1335.0

Tax Info

  • Tax Annual Amount: 1335.0
  • Tax Book Number: 116.00
  • Tax Lot: 11

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2024
Closed on
Dec 17, 2024
Sold by
Bought by
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
$734,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,869
Avg. Annual Appreciation
0.94%

Purchase Details

Listed on
Oct 8, 2015
Closed on
Jan 22, 2016
Sold by
Bought by
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
0.0437%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 4, 2010
Sold by
Bought by

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
0.0426%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2010
Sold by
Bought by

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
0.0511%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 2010
Sold by
Bought by

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
0.0511%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2005
Sold by
Bought by

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
0.065%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2005
Sold by
Bought by

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
0.065%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2004
Sold by
Bought by

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
0.065%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2001
Sold by
Bought by

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
0.071%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 1997
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$725,000 Pioneer Title Agency
$185,000 Security Title Agency Inc
$87,500 Lawyers Title Of Arizona Inc
-- None Available
$65,000 None Available
-- Chicago Title Insurance Co
$201,000 Chicago Title Insurance Co
-- --
$95,000 American Title Insurance
-- --
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 $556,800
Previous Owner $181,649
Previous Owner $61,250
Previous Owner $60,000
Previous Owner $160,800
Previous Owner $85,500
Closed $20,100
Source: Public Records

Property 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 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6760352

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-24-035

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