Seller's Agent in 2026
Bryce Neagle
ABI Multifamily
(602) 714-1400
7 in this area
38 Total Sales
1249 W Pierce St Phoenix, AZ 85007
Central City Neighborhood
--
Bed
--
Bath
3,008
Sq Ft
1986
Built
Highlights
- Central Air
- Phoenix Coding Academy Rated A
- Heating Available
About This Home
As of May 20261249 & 1253 W Pierce St is an 8-unit, garden-style property, constructed in 1986. The asset consists of two individually parceled fourplexes, offering flexible financing options and long-term investment versatility. The unit mix comprises (4) 3-bedroom/1-bathroom units and (4) 2-bedroom/1-bathroom units, each individually metered for electricity. The unit's interiors have been upgraded and include in-unit washers and dryers, enhancing appeal and rental demand. The property also features an on-site gated parking lot for added convenience and security. Ideally situated just minutes from the Grand Avenue Arts District, Roosevelt Row, and Downtown Phoenix, the asset benefits from strong tenant demand and easy access to a vibrant mix of employment, dining, arts, and entertainment.
Last Agent to Sell the Property
ABI Multifamily License #SA692871000 Listed on: 12/08/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,404
Year Built
- Built in 1986
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Parking
- 16 Open Parking Spaces
- 16 Parking Spaces
Utilities
- Central Air
- Heating Available
- Separate Meters
- Natural Gas Not Available
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for water, sewer, trash collection, landscaping
- Tax Lot 12
- Assessor Parcel Number 111-27-148-F
Community Details
Overview
- 2 Buildings
- 8 Units
- Building Dimensions are 13350 sqft
- University Addition Subdivision
Building Details
- Operating Expense $1,404
- Net Operating Income $82,514
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
Dec 8, 2025
Closed on
May 8, 2026
Sold by
Bought by
Seller's Agent
Bryce Neagle
ABI Multifamily
Buyer's Agent
Mitchell Drake
ABI Multifamily
List Price
$1,325,000
Sold Price
$1,176,000
Premium/Discount to List
-$149,000
-11.25%
Views
35
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
99.89%
Original Mortgage
$650,000
Outstanding Balance
$650,000
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$593,000
Purchase Details
Closed on
Jun 25, 2018
Sold by
Bought by
Purchase Details
Listed on
Apr 1, 2017
Closed on
Jun 28, 2017
Sold by
Bought by
Seller's Agent
Humberto Felix
Set in Stone Realty & Property Mgmt
Buyer's Agent
Humberto Felix
Set in Stone Realty & Property Mgmt
List Price
$310,000
Sold Price
$286,000
Premium/Discount to List
-$24,000
-7.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.97%
Original Mortgage
$214,500
Interest Rate
3.89%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 7, 2006
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
$176,000
Interest Rate
6.53%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 5, 2006
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
$176,000
Interest Rate
6.53%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 24, 2006
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
$236,000
Interest Rate
7.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 19, 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
$156,000
Interest Rate
5.07%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 17, 2003
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
$115,500
Interest Rate
5.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 25, 1998
Sold by
Bought by
Purchase Details
Closed on
Nov 24, 1998
Sold by
Bought by
Purchase Details
Closed on
Jun 17, 1998
Sold by
Bought by
Purchase Details
Closed on
May 6, 1998
Sold by
Bought by
Purchase Details
Closed on
Feb 23, 1996
Sold by
Bought by
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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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $1,176,000 | Premier Title Agency | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $286,000 | Premier Title Agency | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $270,000 | Equity Title Agency Inc | |
| Interfamily Deed Transfer | -- | Equity Title Agency Inc | |
| Warranty Deed | -- | Fidelity National Title | |
| Warranty Deed | $208,000 | Fidelity National Title | |
| Interfamily Deed Transfer | $154,000 | Capital Title Agency Inc | |
| Interfamily Deed Transfer | -- | Security Title Agency | |
| Warranty Deed | $112,500 | Security Title Agency | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Quit Claim Deed | -- | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $650,000 | New Conventional | |
| Previous Owner | $214,500 | New Conventional | |
| Previous Owner | $176,000 | Purchase Money Mortgage | |
| Previous Owner | $176,000 | Purchase Money Mortgage | |
| Previous Owner | $236,000 | New Conventional | |
| Previous Owner | $156,000 | New Conventional | |
| Previous Owner | $115,500 | New Conventional |
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 |
|---|---|---|---|---|---|
| 05/12/2026 05/12/26 | Sold | $1,176,000 | -11.2% | $391 / Sq Ft | |
| 01/02/2026 01/02/26 | Off Market | $1,325,000 | -- | -- | |
| 12/29/2025 12/29/25 | For Sale | $1,325,000 | 0.0% | $440 / Sq Ft | |
| 12/16/2025 12/16/25 | Price Changed | $1,325,000 | -1.9% | $440 / Sq Ft | |
| 12/08/2025 12/08/25 | For Sale | $1,350,000 | +372.0% | $449 / Sq Ft | |
| 07/24/2017 07/24/17 | Sold | $286,000 | -4.3% | $95 / Sq Ft | View Prior Sale |
| 06/12/2017 06/12/17 | Pending | -- | -- | -- | |
| 06/04/2017 06/04/17 | Price Changed | $299,000 | -3.5% | $99 / Sq Ft | |
| 05/08/2017 05/08/17 | For Sale | $310,000 | 0.0% | $103 / Sq Ft | |
| 04/28/2017 04/28/17 | Pending | -- | -- | -- | |
| 04/01/2017 04/01/17 | For Sale | $310,000 | -- | $103 / 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 | $1,404 | $9,881 | -- | -- |
| 2024 | $1,309 | $9,411 | -- | -- |
| 2023 | $1,309 | $54,860 | $10,970 | $43,890 |
| 2022 | $1,262 | $38,020 | $7,600 | $30,420 |
| 2021 | $1,253 | $30,800 | $6,160 | $24,640 |
| 2020 | $1,267 | $29,380 | $5,870 | $23,510 |
| 2019 | $1,265 | $25,120 | $5,020 | $20,100 |
| 2018 | $1,244 | $19,320 | $3,860 | $15,460 |
| 2017 | $1,214 | $18,570 | $3,710 | $14,860 |
| 2016 | $1,180 | $17,150 | $3,430 | $13,720 |
| 2015 | $1,092 | $10,760 | $2,150 | $8,610 |
Source: Public Records
Agents Affiliated with this Home
-
Bryce Neagle
-
Mitchell Drake
Seller Co-Listing Agent in 2026
Mitchell Drake
ABI Multifamily
(602) 714-1400
7 in this area
29 Total Sales
-
Humberto Felix
H
Seller's Agent in 2017
Humberto Felix
Set in Stone Realty & Property Mgmt
(623) 882-8000
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6955650
APN: 111-27-148F
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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