K
Seller's Agent in 2020
Kevin Kludy
Wealth Builder Real Estate Services
(480) 807-3493
8 Total Sales
1322 E Madison St Phoenix, AZ 85034
Garfield NeighborhoodEstimated Value: $861,237 - $919,000
Studio
--
Bath
1,242
Sq Ft
$717/Sq Ft
Est. Value
Highlights
- Cooling Available
- 4-minute walk to 12Th St/Jefferson
- Heating Available
- Phoenix Coding Academy Rated A
About This Home
As of July 2020This is a great opportunity to own a fourplex with two buildings in super redeveloping area. All units are 2 bed /1 bath with long term tenants. Current rents are well below market allowing lots of upside potential. Conveniently located near many businesses, a block from light rail stop and short walk to Chase Field. This will be a money maker.
Last Agent to Sell the Property
Wealth Builder Real Estate Services License #BR526245000 Listed on: 04/01/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,245
Year Built
- Built in 1985
Lot Details
- 7,013
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
Schools
- Garfield Elementary And Middle School
- North High School
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for trash collection, water, sewer
- Legal Lot and Block 18 / 19
- Assessor Parcel Number 116-47-061
Community Details
Overview
- 2 Buildings
- 4 Units
- Building Dimensions are IRR
- Collins Phoenix Blks 23 26, 17, 27 Subdivision
Building Details
- Operating Expense $5,605
- Gross Income $24,480
- Net Operating Income $19,075
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
Closed on
Nov 17, 2020
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Apr 1, 2020
Closed on
Jul 16, 2020
Sold by
Bought by
Seller's Agent
Kevin Kludy
Wealth Builder Real Estate Services
Buyer's Agent
Joseph Scarpignato
Phoenician Properties Realty
List Price
$399,000
Sold Price
$340,000
Premium/Discount to List
-$59,000
-14.79%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.75%
Purchase Details
Listed on
Apr 1, 2020
Closed on
Jul 15, 2020
Sold by
Bought by
Seller's Agent
Kevin Kludy
Wealth Builder Real Estate Services
Buyer's Agent
Joseph Scarpignato
Phoenician Properties Realty
List Price
$399,000
Sold Price
$340,000
Premium/Discount to List
-$59,000
-14.79%
Purchase Details
Closed on
Jun 5, 2017
Sold by
Bought by
Purchase Details
Closed on
May 19, 2017
Sold by
Bought by
Purchase Details
Closed on
May 20, 2009
Sold by
Bought by
Purchase Details
Closed on
Mar 11, 2008
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
$188,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 28, 2008
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
$188,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 12, 2005
Sold by
Bought by
Purchase Details
Closed on
Nov 30, 2004
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
$173,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 7, 2001
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
$122,400
Interest Rate
6.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 11, 1999
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
$71,100
Interest Rate
7.01%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 16, 1999
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
$71,100
Interest Rate
7.01%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 2, 1998
Sold by
Bought by
Purchase Details
Closed on
Aug 28, 1998
Sold by
Bought by
Purchase Details
Closed on
Aug 19, 1998
Sold by
Bought by
Purchase Details
Closed on
Jan 19, 1998
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
$54,000
Interest Rate
11.5%
Purchase Details
Closed on
Jun 15, 1995
Sold by
Bought by
Purchase Details
Closed on
Apr 20, 1995
Sold by
Bought by
Purchase Details
Closed on
Jun 24, 1994
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
$51,855
Interest Rate
8.53%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
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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 |
|---|---|---|---|
| $650,000 | Pioneer Title Agency Inc | ||
| $369,000 | Pioneer Title Agency Inc | ||
| $340,000 | Pioneer Title Agency Inc | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | Title Management Agency Of A | ||
| $235,000 | Title Management Agency Of A | ||
| -- | -- | ||
| $216,300 | Transnation Title | ||
| $136,000 | Security Title Agency | ||
| $79,000 | Security Title Agency | ||
| -- | Security Title Agency | ||
| $52,500 | Nations Title Insurance | ||
| -- | Nations Title Insurance | ||
| -- | -- | ||
| -- | Nations Title Insurance | ||
| $17,000 | Stewart Title & Trust | ||
| -- | First Southwestern Title | ||
| $56,855 | First American Title |
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 |
|---|---|---|---|
| Previous Owner | $188,000 | ||
| Previous Owner | $188,000 | ||
| Previous Owner | $173,000 | ||
| Previous Owner | $122,400 | ||
| Previous Owner | $71,100 | ||
| Previous Owner | $54,000 | ||
| Previous Owner | $51,855 | ||
| Closed | $43,300 |
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 |
|---|---|---|---|---|
| 07/17/2020 07/17/20 | Sold | $340,000 | -14.8% | $274 / Sq Ft |
| 07/08/2020 07/08/20 | For Sale | $399,000 | +17.4% | $321 / Sq Ft |
| 07/02/2020 07/02/20 | Pending | -- | -- | -- |
| 07/01/2020 07/01/20 | Off Market | $340,000 | -- | -- |
| 06/18/2020 06/18/20 | Pending | -- | -- | -- |
| 06/11/2020 06/11/20 | For Sale | $399,000 | +17.4% | $321 / Sq Ft |
| 04/23/2020 04/23/20 | Off Market | $340,000 | -- | -- |
| 04/07/2020 04/07/20 | Pending | -- | -- | -- |
| 03/31/2020 03/31/20 | For Sale | $399,000 | -- | $321 / 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 | $968 | $9,725 | -- | -- |
| 2024 | $1,288 | $9,262 | -- | -- |
| 2023 | $1,288 | $40,280 | $8,050 | $32,230 |
| 2022 | $1,242 | $27,070 | $5,410 | $21,660 |
| 2021 | $1,233 | $22,370 | $4,470 | $17,900 |
| 2020 | $1,247 | $21,520 | $4,300 | $17,220 |
| 2019 | $1,245 | $16,850 | $3,370 | $13,480 |
| 2018 | $1,224 | $12,570 | $2,510 | $10,060 |
| 2017 | $1,195 | $11,660 | $2,330 | $9,330 |
| 2016 | $1,161 | $9,250 | $1,850 | $7,400 |
| 2015 | $1,074 | $8,620 | $1,720 | $6,900 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Kludy
-
Joseph Scarpignato
Buyer's Agent in 2020
Joseph Scarpignato
Phoenician Properties Realty
(602) 317-3200
38 Total Sales
-
J
Buyer's Agent in 2020
Joseph Scarp
Phoenician Fine Properties
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6059517
APN: 116-47-061
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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