$825,425
SOLD OCT 11, 2023
-- Bed
-- Bath
-- Sq Ft
0.36 Acres

Recently Sold

13% Below List Price

47 Days on Market

Highlights

  • Evaporated cooling system
  • 4-minute walk to 12Th St/Washington
  • Carpet
  • Phoenix Coding Academy Rated A
  • Floor Furnace

About This Home

As of October 2023

TENANT OCCUPIED - DO NOT DISTURB TENANTS. Excellent opportunity to get this Property with over 15,000 Sq Ft of High Density Residential in Central Downtown Phoenix, Close to ASU Downtown, Light Rail, Downtown City Living. Currently has (3) Duplexes on Property. Rents are below market. All tenants are on a month to month.

Last Agent to Sell the Property

John Karam

Elite Partners License #SA626347000 Listed on: 05/26/2023

Last Buyer's Agent

Carrie Lehrman

SRL Group License #BR626599000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,440

Year Built

  • Built in 1916

Home Design

  • Built-Up Roof
  • Block Exterior
  • Stucco

Flooring

  • Carpet
  • Vinyl

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Schools

  • Madison #1 Middle Elementary School
  • Compass Center Middle School
  • North High School

Utilities

  • Evaporated cooling system
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • The owner pays for water, sewer
  • Tax Lot 1
  • Assessor Parcel Number 116-45-109-A

Community Details

Overview

  • 3 Buildings
  • 6 Units
  • Building Dimensions are 103 x 157
  • Collins Addition Phoenix Blocks 31 34 & 39 40 Subdivision

Building Details

  • Operating Expense $1,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,440

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Cross Street: 13th Street & Washington Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: [R-5] Multiple
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1916
  • Tax Year: 2022
  • Directions: North on 13th Street to Adams Street. Six units located on the southwest corner.
  • Road Surface Type: Gravel
  • Subdivision Name: COLLINS ADDITION PHOENIX BLOCKS 31-34 & 39-40
  • Tax Parcel Letter: A
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Free-Standing Range
  • Appliances Included:FS OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0

Utilities

  • Electric: APS
  • Cooling: Evaporative Cooling
  • Heating: Natural Gas, Floor Furnace, Wall Furnace
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Madison #1 Middle School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Compass Center

Lot Info

  • Lot Size: 103 x 157
  • Additional Parcels: No
  • Parcel #: 116-45-109-A

Multi Family

  • Owner Pays: Water, Sewer
  • Number Of Units Total: 6
  • Annual Operating Expense: 1440.0

Tax Info

  • Tax Annual Amount: 1440.0
  • Tax Book Number: 116.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Oct 11, 2023
Sold by
Hillhouse Kristy Ann
Bought by
Ng Samantha
Seller's Agent
John Karam
Elite Partners
Buyer's Agent
Carrie Lehrman
SRL Group
List Price
$950,000
Sold Price
$825,425
Premium/Discount to List
-$124,575
-13.11%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.53%
Original Mortgage
$580,000
Outstanding Balance
$570,283
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$291,825

Purchase Details

Closed on
Jun 19, 2014
Sold by
Monteilh Gene B
Bought by
Monteilh Gene B
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $825,425 Premier Title Agency
Special Warranty Deed $825,425 Premier Title Agency
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $580,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 Price Changed $1,690,000 0.0% --
07/01/2025 07/01/25 For Rent $1,450 0.0% --
05/23/2025 05/23/25 For Sale $1,729,000 +109.5% --
10/11/2023 10/11/23 Sold $825,425 -13.1% --
09/18/2023 09/18/23 Price Changed $950,000 0.0% --
09/18/2023 09/18/23 For Sale $950,000 0.0% --
07/13/2023 07/13/23 Pending -- -- --
05/26/2023 05/26/23 For Sale $950,000 -- --
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 $1,508 $11,276 -- --
2024 $1,493 $10,740 -- --
2023 $1,493 $52,750 $10,550 $42,200
2022 $1,440 $36,880 $7,370 $29,510
2021 $1,429 $32,360 $6,470 $25,890
2020 $1,446 $29,270 $5,850 $23,420
2019 $1,444 $20,830 $4,160 $16,670
2018 $1,419 $15,220 $3,040 $12,180
2017 $1,386 $14,330 $2,860 $11,470
2016 $1,346 $11,730 $2,340 $9,390
2015 $1,246 $11,220 $2,240 $8,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6555185

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-45-109A