Seller's Agent in 2025
Ronald Schmidt
West USA Realty
(805) 458-6735
2 in this area
37 Total Sales
1305 E Madison St Phoenix, AZ 85034
Garfield NeighborhoodEstimated Value: $1,395,000 - $1,510,000
Studio
1
Bath
847
Sq Ft
$1,738/Sq Ft
Est. Value
Highlights
- Cooling Available
- 4-minute walk to 12Th St/Jefferson
- Vinyl Flooring
- Phoenix Coding Academy Rated A
- Ceiling Fan
- Heating Available
About This Home
As of July 2025Brand new construction. All units are 2 bedroom 2 bath/ High end finishes throughout. This is a perfect turnkey property that is the first in a growing area.
Tremendous upside investment. The property is near the light rail into downtown and to the airport.
Last Agent to Sell the Property
West USA Realty License #SA671980000 Listed on: 01/09/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,220
Year Built
- Built in 2025
Home Design
- Wood Frame Construction
- Composition Roof
- Stone Exterior Construction
- Stucco
Interior Spaces
- Ceiling Fan
- Vinyl Flooring
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Paved Parking
Schools
- Garfield Elementary And Middle School
- North High School
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tax Lot 11
- Assessor Parcel Number 116-49-029
Community Details
Overview
- 2 Buildings
- 4 Units
- Building Dimensions are 7000 sq feet
- Collins Addition Phoenix Blocks 31 34 & 39 40 Subdivision
Building Details
- Operating Expense $5,020
- Gross Income $95,880
- Net Operating Income $90,860
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
Jan 9, 2025
Closed on
Jul 29, 2025
Sold by
Bought by
Seller's Agent
Ronald Schmidt
West USA Realty
Buyer's Agent
Ronald Schmidt
West USA Realty
List Price
$1,499,000
Sold Price
$1,250,000
Premium/Discount to List
-$249,000
-16.61%
Views
38
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
$222,099
Avg. Annual Appreciation
18.16%
Purchase Details
Closed on
Jan 28, 2022
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
$650,000
Interest Rate
0.0355%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 8, 2021
Closed on
Oct 22, 2021
Sold by
Bought by
Seller's Agent
Javier Espinoza
ECD Realty
Buyer's Agent
Michelle Mojica
eXp Realty
List Price
$199,000
Sold Price
$215,000
Premium/Discount to List
$16,000
8.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.71%
Original Mortgage
$190,000
Interest Rate
0.028%
Mortgage Type
Construction
Purchase Details
Listed on
Oct 8, 2021
Closed on
Oct 21, 2021
Sold by
Bought by
Seller's Agent
Javier Espinoza
ECD Realty
Buyer's Agent
Michelle Mojica
eXp Realty
List Price
$199,000
Sold Price
$215,000
Premium/Discount to List
$16,000
8.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
0.028%
Mortgage Type
Construction
Purchase Details
Closed on
Aug 30, 2007
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,250,000 | Pioneer Title Agency | ||
| -- | New Title Company Name | ||
| $215,000 | Valleywide Title | ||
| -- | Valleywide Title Agency | ||
| -- | None Available |
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 |
|---|---|---|---|
| Closed | $200,000 | ||
| Closed | $781,903 | ||
| Closed | $650,000 | ||
| Closed | $190,000 |
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 |
|---|---|---|---|---|---|
| 07/15/2025 07/15/25 | Sold | $1,250,000 | -9.1% | $1,476 / Sq Ft | |
| 06/10/2025 06/10/25 | Pending | -- | -- | -- | |
| 05/23/2025 05/23/25 | Price Changed | $1,375,000 | -1.7% | $1,623 / Sq Ft | |
| 05/05/2025 05/05/25 | Price Changed | $1,399,000 | -3.5% | $1,652 / Sq Ft | |
| 04/17/2025 04/17/25 | Price Changed | $1,449,000 | -3.1% | $1,711 / Sq Ft | |
| 04/04/2025 04/04/25 | Price Changed | $1,495,000 | +900.0% | $1,765 / Sq Ft | |
| 04/04/2025 04/04/25 | Price Changed | $149,500 | -90.0% | $177 / Sq Ft | |
| 03/26/2025 03/26/25 | For Sale | $1,499,000 | +19.9% | $1,770 / Sq Ft | |
| 03/26/2025 03/26/25 | Off Market | $1,250,000 | -- | -- | |
| 01/09/2025 01/09/25 | For Sale | $1,499,000 | +597.2% | $1,770 / Sq Ft | |
| 10/29/2021 10/29/21 | Sold | $215,000 | +8.0% | $202 / Sq Ft | View Prior Sale |
| 10/13/2021 10/13/21 | Pending | -- | -- | -- | |
| 10/08/2021 10/08/21 | For Sale | $199,000 | -- | $187 / 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 | $2,565 | $9,123 | $9,123 | -- |
| 2024 | $828 | $8,688 | $8,688 | -- |
| 2023 | $828 | $17,200 | $3,440 | $13,760 |
| 2022 | $799 | $15,520 | $3,100 | $12,420 |
| 2021 | $707 | $9,030 | $1,800 | $7,230 |
| 2020 | $717 | $8,220 | $1,640 | $6,580 |
| 2019 | $717 | $6,480 | $1,290 | $5,190 |
| 2018 | $444 | $5,830 | $1,160 | $4,670 |
| 2017 | $428 | $4,800 | $960 | $3,840 |
| 2016 | $416 | $4,320 | $860 | $3,460 |
| 2015 | $379 | $3,460 | $690 | $2,770 |
Source: Public Records
Agents Affiliated with this Home
-
Ronald Schmidt
-
Javier Espinoza
Seller's Agent in 2021
Javier Espinoza
ECD Realty
(602) 380-6074
1 in this area
20 Total Sales
-
Michelle Mojica
Buyer's Agent in 2021
Michelle Mojica
eXp Realty
(602) 686-0617
3 in this area
94 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6802310
APN: 116-49-029
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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