NOT LISTED FOR SALE

1275 W Broadway Rd Unit 12 Phoenix, AZ 85041

South Mountain Neighborhood

Estimated Value: $362,731 - $540,000

2 Beds
2 Baths
746 Sq Ft
$619/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $477,000 $639 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,645/month

42 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

As of April 2023

Amazingly built duplex ready to go! These 2-bed, 1-bath units offer lots of parking space! The bright interior of both units has ceramic tile throughout the home, open common areas, washer & dryer hookup, neutral paint, and an open concept kitchen. The fully equipped kitchen comes with a stainless steel appliances, gorgeous cabinets, and counter space for your cooking needs. Charming bedrooms include a nice-size closet to store your belongings. In the bathroom you'll find a tub/shower combination for all your convenience. This is an excellent opportunity do not let this slip by!!!

Last Agent to Sell the Property

Jaz Walker

Bliss Realty & Investments License #SA675096000 Listed on: 02/13/2023

Last Buyer's Agent

Kristie Phelps

DPR Realty LLC License #BR516469000

DPR Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $513

Year Built

  • Built in 2022

Lot Details

  • 8,015

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 7 Open Parking Spaces
  • 10 Parking Spaces
  • Carport

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Assessor Parcel Number 105-60-030-A

Community Details

Overview

  • 2 Units
  • Building Dimensions are 8,000

Building Details

  • Operating Expense $513
  • Gross Income $38,040
  • Net Operating Income $36,020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$513

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Cross Street: 19th Ave & Broadway Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R%
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2022
  • Tax Year: 2022
  • Directions: Head east on W Broadway Rd, South on S 12th Ave. Property will be on the right.
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: A
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Built-In Range, Disposal, Refrigerator, Microwave, W/D Hookup
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Carport
  • Attached Garage: No
  • Open Parking Spaces: 7.0
  • Total Parking Spaces: 10.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 7.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 8,000
  • Additional Parcels: No
  • Parcel #: 105-60-030-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 38040.0
  • Property Net Operating Income: 36020.0
  • Annual Operating Expense: 513.0

Tax Info

  • Tax Annual Amount: 513.0
  • Tax Book Number: 105.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
May 8, 2023
Sold by
Proctor Robert W and Proctor Loretta Sheryl
Bought by
Bigelow William Todd and Bigelow Jill
Seller's Agent
Jaz Walker
Bliss Realty & Investments
Buyer's Agent
Kristie Phelps
DPR Realty LLC
List Price
$529,000
Sold Price
$477,000
Premium/Discount to List
-$52,000
-9.83%
Views
58
Current Estimated Value
$461,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,067
Avg. Annual Appreciation
-1.30%
Original Mortgage
$357,750
Outstanding Balance
$347,857
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$114,076

Purchase Details

Closed on
Oct 15, 2020
Sold by
Proctor Robert W and Proctor Loretta Sheryl
Bought by
Proctor Robert W and Proctor Loretta Sheryl
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bigelow William Todd $477,000 Security Title Agency
Proctor Robert W -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bigelow William Todd $357,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2023 04/28/23 Sold $477,000 -6.3% $639 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
03/04/2023 03/04/23 Price Changed $509,000 -3.8% $682 / Sq Ft
02/13/2023 02/13/23 For Sale $529,000 -- $709 / Sq Ft
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 $2,354 $16,025 -- --
2024 $2,287 $15,262 -- --
2023 $2,287 $25,500 $5,100 $20,400
2022 $513 $5,760 $5,760 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6521543

Arizona Regional Multiple Listing Service (ARMLS)

APN: 105-60-030A