NOT LISTED FOR SALE

Estimated Value: $483,000 - $603,000

-- Bed
2 Baths
895 Sq Ft
$591/Sq Ft Est. Value

Sale Details

Date Sold: July 30, 2019

Last sale price $342,000 $382 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,934 / mo

111 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heating System Uses Natural Gas

About This Home

As of July 2019

Amazing property in a great downtown location, near Roosevelt Row, renovated duplex and fully rented with long term quality tenants. Great cash flowing rental. Over 7% ROI!!! PLEASE DO NOT DISTURB THE TENANTS!

Last Agent to Sell the Property

Branka Knapp

Branka Realty, LLC License #BR630962000 Listed on: 03/07/2019

Last Buyer's Agent

Bev Wright

Preferred Property Consultants LLC License #BR117026000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,000

Year Built

  • Built in 1954

Lot Details

  • 7,100

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Phoenix Prep Academy Elementary And Middle School
  • North High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 5 / 1
  • Assessor Parcel Number 116-23-115

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7119
  • Rosemont Subdivision

Building Details

  • Operating Expense $2,840
  • Gross Income $27,360
  • Net Operating Income $24,520

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,000

Year Built

Built in 1954

Lot Details

7,100 Sq Ft Lot

Listing Details

  • Cross Street: 16th St & Roosevelt
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1954
  • Tax Year: 2018
  • Road Surface Type: Asphalt, Concrete, Sidewalk(s)
  • Subdivision Name: ROSEMONT
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

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

Garage/Parking

  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Annual Water Sewer Expense: 961.0

Schools

  • Elementary School: Phoenix Prep Academy
  • High School: North High School
  • Middle Or Junior School: Phoenix Prep Academy

Lot Info

  • Lot Size: 7119
  • Additional Parcels: No
  • Parcel #: 116-23-115

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 27360.0
  • Insurance Expense: 879.0
  • Property Net Operating Income: 24520.0
  • Annual Operating Expense: 2840.0

Tax Info

  • Tax Annual Amount: 1000.0
  • Tax Block: 1
  • Tax Book Number: 116.00
  • Tax Lot: 5

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 19, 2024
Sold by
Bought by
Current Estimated Value
$528,825

Purchase Details

Listed on
Mar 7, 2019
Closed on
Jul 17, 2019
Sold by
Bought by
Seller's Agent
Branka Knapp
Branka Realty, LLC
Buyer's Agent
Bev Wright
Preferred Property Consultants LLC
List Price
$345,000
Sold Price
$342,000
Premium/Discount to List
-$3,000
-0.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%
Original Mortgage
$58,700
Interest Rate
0.0382%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 9, 2013
Closed on
Oct 25, 2013
Sold by
Bought by
Seller's Agent
Monica Crowell
HomeSmart
Buyer's Agent
Branka Knapp
Branka Realty, LLC
List Price
$107,900
Sold Price
$105,000
Premium/Discount to List
-$2,900
-2.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.80%
Original Mortgage
$78,750
Interest Rate
0.0446%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2011
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
$55,000
Interest Rate
0.0446%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 1, 2011
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
$55,000
Interest Rate
0.0446%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 4, 2011
Sold by
Bought by

Purchase Details

Closed on
Apr 14, 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
$55,900
Interest Rate
0.0715%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- --
$342,000 Security Title Agency Inc
$105,000 First Arizona Title Agency
-- Accommodation
-- Accommodation
$49,000 First American Title Ins Co
$45,000 Accommodation
-- Arizona Title Agency Inc
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 $210,100
Closed $58,700
Closed $78,750
Closed $55,000
Closed $208,000
Closed $13,500
Closed $80,000
Closed $55,900
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
07/30/2019 07/30/19 Sold $342,000 +2.1% $382 / Sq Ft
04/26/2019 04/26/19 Price Changed $335,000 -1.2% $374 / Sq Ft
03/18/2019 03/18/19 Price Changed $339,000 -1.7% $379 / Sq Ft
03/07/2019 03/07/19 For Sale $345,000 +228.6% $385 / Sq Ft
10/31/2013 10/31/13 Sold $105,000 -5.0% $61 / Sq Ft View Prior Sale
09/20/2013 09/20/13 Pending -- -- --
09/20/2013 09/20/13 Price Changed $110,500 +2.4% $64 / Sq Ft
09/09/2013 09/09/13 For Sale $107,900 -- $62 / 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 $1,129 $7,949 -- --
2024 $1,053 $7,570 -- --
2023 $1,053 $39,620 $7,920 $31,700
2022 $1,015 $32,100 $6,420 $25,680
2021 $1,008 $26,900 $5,380 $21,520
2020 $1,019 $24,850 $4,970 $19,880
2019 $1,018 $18,860 $3,770 $15,090
2018 $1,000 $19,860 $3,970 $15,890
2017 $977 $20,210 $4,040 $16,170
2016 $949 $18,210 $3,640 $14,570
2015 $878 $9,260 $1,850 $7,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5892820

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-23-115

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