1318 S 1st Ave Phoenix, AZ 85003
Central City NeighborhoodEstimated payment $1,502/month
Highlights
- Ceramic Tile Flooring
- Central Air
- Heating Available
- Phoenix Coding Academy Rated A
About This Home
Fantastic investment opportunity in Phoenix! This duplex offers a total of 1,430 sq. ft. on a 6,100 sq. ft. lot, featuring two units: one with 1 bedroom and 1 bath, and the other with 1 bedroom and 1.75 baths. Zoned R-5, this property provides potential for future development or rental income. Each unit has a functional layout with spacious living areas, making it ideal for tenants or owner-occupancy. Conveniently located near shopping, dining, and transportation, this property is a great option for investors or those looking to expand their portfolio!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $498
Year Built
- Built in 1936
Parking
- Free Parking
Home Design
- Block Exterior
Flooring
- Ceramic Tile
- Vinyl
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number 112-35-070
Community Details
Overview
- 2 Units
- Building Dimensions are 50 x 122.5
- Tait Place Subdivision
Building Details
- Operating Expense $498
Map
Home Values in the Area
Average Home Value in this Area
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 | $498 | $3,724 | -- | -- |
| 2024 | $493 | $3,547 | -- | -- |
| 2023 | $493 | $18,410 | $3,680 | $14,730 |
| 2022 | $476 | $12,980 | $2,590 | $10,390 |
| 2021 | $472 | $10,770 | $2,150 | $8,620 |
| 2020 | $478 | $7,810 | $1,560 | $6,250 |
| 2019 | $477 | $7,460 | $1,490 | $5,970 |
| 2018 | $469 | $6,670 | $1,330 | $5,340 |
| 2017 | $458 | $6,080 | $1,210 | $4,870 |
| 2016 | $445 | $4,410 | $880 | $3,530 |
| 2015 | $411 | $3,870 | $770 | $3,100 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/21/2025 08/21/25 | Pending | -- | -- | -- |
| 07/24/2025 07/24/25 | For Sale | $274,000 | 0.0% | -- |
| 07/17/2025 07/17/25 | Pending | -- | -- | -- |
| 06/18/2025 06/18/25 | For Sale | $274,000 | 0.0% | -- |
| 06/10/2025 06/10/25 | Sold | $274,000 | 0.0% | -- |
| 05/07/2025 05/07/25 | Pending | -- | -- | -- |
| 04/30/2025 04/30/25 | For Sale | $274,000 | 0.0% | -- |
| 04/25/2025 04/25/25 | Pending | -- | -- | -- |
| 04/18/2025 04/18/25 | Price Changed | $274,000 | -8.7% | -- |
| 02/18/2025 02/18/25 | Price Changed | $299,950 | -6.3% | -- |
| 02/07/2025 02/07/25 | For Sale | $319,950 | 0.0% | -- |
| 01/23/2025 01/23/25 | Pending | -- | -- | -- |
| 11/26/2024 11/26/24 | For Sale | $319,950 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | Stewart Title | |
| Quit Claim Deed | -- | Essex Title Llc | |
| Warranty Deed | $187,000 | Magnus Title Agency Llc | |
| Special Warranty Deed | $84,250 | Grand Canyon Title Agency | |
| Trustee Deed | $104,250 | None Available | |
| Warranty Deed | $139,000 | Stewart Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $40,000 | Pioneer Title Agency Inc | |
| Warranty Deed | $33,000 | Pioneer Title Agency Inc | |
| Warranty Deed | $19,000 | Pioneer Title Agency Inc | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | First American Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $312,524,000 | Commercial | |
| Previous Owner | $84,250 | Purchase Money Mortgage | |
| Previous Owner | $104,250 | New Conventional | |
| Previous Owner | $35,000 | Unknown | |
| Previous Owner | $30,000 | Purchase Money Mortgage | |
| Previous Owner | $28,000 | New Conventional |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6788601
APN: 112-35-070
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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