NOT LISTED FOR SALE

1326 W Polk St Phoenix, AZ 85007

Governmental Mall Neighborhood
-- Bed
14 Baths
840 Sq Ft
6,273 Sq Ft Lot

Last Sold February 12, 2014

Last sale price $125,000 $149 Per Sq Ft

4 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Carpet
  • 5-minute walk to University Park
  • Phoenix Coding Academy Rated A
  • No Heating

About This Home

As of February 2014

Estate Sale, first time to market. Seven unit apartment building. Must purchase with 1402 W Polk Street. Total of 14 units in two buildings for $270,000. See Proforma in Documents Tab for more information and disclosures. This is an estate sale, and the property is being sold ''As-Is,'' with limited SPDS and No CLUE report.

Last Listed By

Patty Camp Schmid

Berkshire Hathaway HomeServices Arizona Properties License #SA552625000 Listed on: 01/06/2014

Berkshire Hathaway HomeServices Arizona Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $166

Year Built

  • Built in 1984

Lot Details

  • Property fronts an alley

Parking

  • Paved Parking

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Carpet
  • Vinyl

Schools

  • Kenilworth Elementary School
  • Phoenix Prep Academy Middle School
  • Trevor Browne High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 11
  • Assessor Parcel Number 111-28-076

Community Details

Overview

  • 7 Units
  • Building Dimensions are 0
  • University Addition Subdivision

Building Details

  • Operating Expense $166

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$166

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: 7th Ave & Van Buren
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2013
  • Directions: West on Van Buren to 14th Avenue. North to property directly ahead.
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: praz10
  • Co List Office Phone: 602-288-4400
  • Subdivision Name: University Addition
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Paved Parking
  • Attached Garage: No
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Wall/Window Unit(s)
  • Heating: None
  • Cooling Y N: Yes
  • Heating Yn: No
  • Water Source: City Franchise
  • Heating:None29: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Kenilworth Elementary School
  • High School: Trevor Browne High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix Prep Academy

Lot Info

  • Lot Size: 0
  • Additional Parcels: No
  • Parcel #: 111-28-076

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity
  • Number Of Units Total: 7
  • Annual Operating Expense: 165.58

Tax Info

  • Tax Annual Amount: 165.58
  • Tax Book Number: 111.00
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2016
Sold by
Wp Polk Llc
Bought by
Fenceroy Jeremy
Total Days on Market
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Outstanding Balance
$427,494
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 25, 2015
Sold by
Polk Apartments Llc
Bought by
Wp Polk Llc

Purchase Details

Closed on
Feb 10, 2015
Sold by
Mavridis Nick
Bought by
Polk Apartments Llc

Purchase Details

Listed on
Jan 6, 2014
Closed on
Feb 5, 2014
Sold by
A2z Property Management Inc
Bought by
Mavridis Nick
Seller's Agent
Patty Camp Schmid
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Patrick O'Sullivan
Get Multifamily
List Price
$135,000
Sold Price
$125,000
Premium/Discount to List
-$10,000
-7.41%

Purchase Details

Listed on
Jan 6, 2014
Closed on
Jan 16, 2014
Sold by
Pierce David L and Mackenzie George D
Bought by
A2z Property Management Inc
Seller's Agent
Patty Camp Schmid
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Patrick O'Sullivan
Get Multifamily
List Price
$135,000
Sold Price
$125,000
Premium/Discount to List
-$10,000
-7.41%

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
Fenceroy Jeremy $762,500 Grand Canyon Title Agency
Polk Apartments Llc -- None Available
Mavridis Nick $280,000 Pioneer Title Agency Inc
A2z Property Management Inc $250,000 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fenceroy Jeremy $525,000
Previous Owner Mavridis Nick $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2014 02/12/14 Sold $125,000 -7.4% $149 / Sq Ft
01/10/2014 01/10/14 Pending -- -- --
01/06/2014 01/06/14 For Sale $135,000 -- $161 / 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 $264 $1,971 $1,971 --
2024 $261 $1,877 $1,877 --
2023 $261 $9,250 $9,250 $0
2022 $252 $6,240 $6,240 $0
2021 $250 $5,590 $5,590 $0
2020 $253 $4,670 $4,670 $0
2019 $252 $4,280 $4,280 $0
2018 $248 $3,730 $3,730 $0
2017 $242 $3,020 $3,020 $0
2016 $235 $2,490 $2,490 $0
2015 $218 $2,050 $2,050 $0
Source: Public Records

Agents Affiliated with this Home

  • Patty Camp Schmid

    Seller's Agent in 2014

    Patty Camp Schmid

    Berkshire Hathaway HomeServices Arizona Properties

    (480) 889-4449

    87 Total Sales

    Patty Camp Schmid
    Section Image
  • David Schmid

    Seller Co-Listing Agent in 2014

    David Schmid

    Berkshire Hathaway HomeServices Arizona Properties

    (480) 688-2034

    56 Total Sales

    David Schmid
    Section Image
  • Patrick O'Sullivan

    Buyer's Agent in 2014

    Patrick O'Sullivan

    Get Multifamily

    (602) 842-5050

    31 Total Sales

    Patrick O'Sullivan
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5049897

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-28-076

Arizona Maricopa County Phoenix 85007 Governmental Mall

1326 W Polk St, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 1326 W Polk St, Phoenix, AZ 85007 since 06 January 2014. This property was built in 1984. 1326 W Polk St is a home located in Maricopa County with nearby schools including Kenilworth Elementary 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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