NOT LISTED FOR SALE

1318 W Mohave St Phoenix, AZ 85007

Central City Neighborhood

Estimated Value: $467,000 - $657,178

-- Bed
-- Bath
2,520 Sq Ft
$211/Sq Ft Est. Value

Last Sold September 21, 2022

Last sale price $185,000 $73 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $3,043/month

6 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of September 2022

You won't want to miss out on this amazing investment opportunity or the chance to own this solid duplex near the Downtown area! Featuring ample car space. It offers 2 units with 4 bedrooms and 2 bathrooms each with a 1260 SQ FT floor plan size respectively. Make an appointment to view this property today! Please see Private Remarks.

Last Agent to Sell the Property

Daniel Noma

Venture REI, LLC License #BR559881000 Listed on: 09/06/2022

Co-Listed By

Soroosh Ghafaripanah

Venture REI, LLC License #SA656081000

Last Buyer's Agent

Andrew Jonovich

Realty85 License #SA663375000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,148

Year Built

  • Built in 2003

Lot Details

  • 6,665

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Carport
  • On-Street Parking

Schools

  • Mary Mcleod Bethune Elementary School
  • Magnet Traditional Middle School
  • Central High School

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Legal Lot and Block 17 / 1
  • Assessor Parcel Number 105-33-140

Community Details

Overview

  • 2 Units
  • Building Dimensions are 49.5 X 133.5
  • Sonora Place Subdivision

Building Details

  • Operating Expense $1,148

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,148

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Cross Street: W Buckeye Rd & 7th Ave
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: [R-3] Multi-fam
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2003
  • Tax Year: 2021
  • Directions: Head south on S 7th Ave. Turn right onto W Mohave St. Property will be on the right.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: vrei01
  • Co List Office Phone: 480-409-9000
  • Subdivision Name: SONORA PLACE
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Parking Features: On Street, Carport
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking Features:Carport: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: APS, SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Elementary School: Mary Mcleod Bethune School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Magnet Traditional School

Lot Info

  • Lot Size: 49.5 X 133.5
  • Additional Parcels: No
  • Parcel #: 105-33-140

Multi Family

  • Owner Pays: Other
  • Number Of Units Total: 2
  • Annual Operating Expense: 1148.0

Tax Info

  • Tax Annual Amount: 1148.0
  • Tax Block: 1
  • Tax Book Number: 105.00
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2024
Sold by
Jonovich Andrew John
Bought by
Desert Tahoe Llc
Current Estimated Value
$532,795

Purchase Details

Closed on
May 31, 2023
Sold by
Jonovich Andrew
Bought by
Jonovich Andrew John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,500
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2023
Sold by
Jonovich Andrew and Jonovich Raquel
Bought by
Jonovich Andrew and Jonovich Raquel

Purchase Details

Listed on
Sep 6, 2022
Closed on
Sep 23, 2022
Sold by
Rs Phoenix Owner 2 Lp
Bought by
Jonovich Andrew and Jonovich Raquel A
Seller's Agent
Daniel Noma
Venture REI, LLC
Buyer's Agent
Andrew Jonovich
Realty85
List Price
$150,000
Sold Price
$185,000
Premium/Discount to List
$35,000
23.33%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.12%
Original Mortgage
$300,000
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 16, 2019
Closed on
Jan 17, 2020
Sold by
Fair Robin Ann and Estate Of David Lewis Fair
Bought by
The Fnm Jr Children S Ltd
Seller's Agent
Daniel Rosenbaum
Rosenbaum Realty Group
Buyer's Agent
Corey Wilson
HomeSmart
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.66%

Purchase Details

Listed on
Dec 16, 2019
Closed on
Jan 8, 2020
Sold by
Fnm Jr Children S Ltd
Bought by
Rs Phoenix Owner 2 L P
Seller's Agent
Daniel Rosenbaum
Rosenbaum Realty Group
Buyer's Agent
Corey Wilson
HomeSmart
List Price
$275,000
Sold Price
$275,000

Purchase Details

Closed on
Jun 17, 2010
Sold by
Martino David
Bought by
Fw Exchange Corporation

Purchase Details

Closed on
May 27, 2010
Sold by
Gaona Dennis R
Bought by
Martino David

Purchase Details

Closed on
Apr 3, 2009
Sold by
Wells Fargo Bank Na
Bought by
Gaona Dennis R

Purchase Details

Closed on
Jul 15, 2008
Sold by
Cutright Nancy
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Aug 9, 2004
Sold by
Cutright Brian
Bought by
Cutright Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
7.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2004
Sold by
Danto Real Estate Investments Inc
Bought by
Key Investments Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2002
Sold by
Moody Patrick J
Bought by
Danto Real Estate Investments Inc

Purchase Details

Closed on
Apr 12, 1995
Sold by
Federal Home Mtg Corp
Bought by
Mortgage Service America Co

Purchase Details

Closed on
Jan 4, 1995
Sold by
First California Mtg Company
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Desert Tahoe Llc -- None Listed On Document
Jonovich Andrew John -- Lawyers Title Of Arizona
Jonovich Andrew -- --
Jonovich Andrew $185,000 Lawyers Title
The Fnm Jr Children S Ltd -- Premier Title Agency
Rs Phoenix Owner 2 L P $276,000 Premier Title Agency
Fw Exchange Corporation $61,000 Driggs Title Agency
Martino David $61,000 Driggs Title Agency
Gaona Dennis R $26,000 Chicago Title
Wells Fargo Bank N A $172,023 None Available
Cutright Nancy -- Security Title Agency
Cutright Nancy $205,000 Security Title Agency
Key Investments Properties Inc $165,000 Security Title Agency
Danto Real Estate Investments Inc $12,500 Fidelity National Title
Mortgage Service America Co -- Lawyers Title
Federal Home Loan Mortgage Corporation -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jonovich Andrew John $451,500
Previous Owner Jonovich Andrew $300,000
Previous Owner Cutright Nancy $184,500
Previous Owner Key Investments Properties Inc $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2022 09/21/22 Sold $185,000 0.0% $73 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
09/08/2022 09/08/22 Off Market $185,000 -- --
09/06/2022 09/06/22 For Sale $150,000 -45.5% $60 / Sq Ft
01/09/2020 01/09/20 Sold $275,000 0.0% $109 / Sq Ft
12/19/2019 12/19/19 Pending -- -- --
12/16/2019 12/16/19 For Sale $275,000 0.0% $109 / Sq Ft
03/08/2015 03/08/15 Rented $700 0.0% --
03/08/2015 03/08/15 Under Contract -- -- --
01/31/2015 01/31/15 For Rent $700 0.0% --
04/18/2014 04/18/14 Rented $700 0.0% --
04/18/2014 04/18/14 Under Contract -- -- --
04/07/2014 04/07/14 For Rent $700 -- --
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 $1,211 $9,056 -- --
2024 $1,199 $8,625 -- --
2023 $1,199 $30,660 $6,130 $24,530
2022 $1,157 $21,650 $4,330 $17,320
2021 $1,148 $17,820 $3,560 $14,260
2020 $1,161 $15,210 $3,040 $12,170
2019 $1,159 $14,070 $2,810 $11,260
2018 $1,140 $14,110 $2,820 $11,290
2017 $1,113 $12,030 $2,400 $9,630
2016 $1,081 $9,550 $1,910 $7,640
2015 $1,000 $8,080 $1,610 $6,470
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Daniel Noma

    Venture REI, LLC

  • S

    Seller Co-Listing Agent in 2022

    Soroosh Ghafaripanah

    Venture REI, LLC

  • A

    Buyer's Agent in 2022

    Andrew Jonovich

    Realty85

    (602) 510-5741

    8 in this area

    44 Total Sales

    Section Image
  • Daniel Rosenbaum

    Seller's Agent in 2020

    Daniel Rosenbaum

    Rosenbaum Realty Group

    (480) 588-1333

    27 Total Sales

    Section Image

  • C

    Buyer's Agent in 2020

    Corey Wilson

    HomeSmart

  • G

    Seller's Agent in 2015

    Gina Espinoza

    Fulton Home Sales Corporation

    (480) 416-4929

    2 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6460907

Arizona Regional Multiple Listing Service (ARMLS)

APN: 105-33-140

Arizona Maricopa County Phoenix 85007 Central City

1318 W Mohave St, Phoenix, AZ

This home is located at 1318 W Mohave St, Phoenix, AZ 85007 since 06 September 2022 and is currently estimated at $532,795, approximately $211 per square foot. This property was built in 2003. 1318 W Mohave St is a home located in Maricopa County with nearby schools including Mary Mcleod Bethune School, Phoenix Coding Academy, and Central High School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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