NOT LISTED FOR SALE

Estimated Value: $619,897 - $669,000

Studio
1 Bath
880 Sq Ft
$733/Sq Ft Est. Value

Last Sold July 31, 2025

Last sale price $660,000 $750 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,432/month

68 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heat Pump System
  • Phoenix Coding Academy Rated A
  • Vinyl Flooring

About This Home

As of July 2025

*10.3% Gross Cap* 3 Units, 2 Buildings on One Parcel, Great unit mix! Built in 1931 & NEWLY BUILT in 2025. Front building boasts a Duplex That Consists of (1) 3-Bed / 2-Bath Unit & (1) 1-Bed / 1-Bath Unit, & (1) 3-Bed/2-Bath Casita. Each Unit Features a Fully Upgraded Interior With White or Black Quartz Countertops, Luxury Vinyl-Plank & Wood Flooring, Subway Tile Showers, Stainless Steel Appliance Package, & In-Suite Washer / Dryer in Every Unit. Exterior Upgrades Include New Paint & Stucco, 2 New AC Units, new roofs and Private FENCED YARDS for all units. LARGE WALK-IN CLOSETS IN THE CASITA. Located Just Outside Coronado Neighborhood Which Provides Easy Access to Downtown Phoenix's Vibrant Cultural Scene, Dining Hotspots, & Entertainment Options. Floor plans available and uplaoded.

Last Agent to Sell the Property

James Yancey

Gentry Real Estate License #SA623899000 Listed on: 04/04/2025

Gentry Real Estate

Last Buyer's Agent

Ari Jakobov

eXp Realty License #SA699624000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $682

Year Built

  • Built in 1931

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Vinyl Flooring

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Assigned Parking

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • The owner pays for electricity, trash collection, water, sewer
  • Tax Lot 11
  • Assessor Parcel Number 116-22-130

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 107'x46'
  • Burroughs Subdivision

Building Details

  • Operating Expense $682
  • Gross Income $73,164
  • Net Operating Income $73,164

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$682

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Cross Street: Mcdowell Rd and 14th St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1931
  • Tax Year: 2024
  • Road Surface Type: Concrete
  • Subdivision Name: BURROUGHS
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking Features:Assigned: Yes

Utilities

  • Electric: APS
  • Cooling: Ceiling Fan(s), Electric
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: See Remarks

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Interior Amenities:Drapes2: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 107'x46'
  • Additional Parcels: No
  • Parcel #: 116-22-130

Multi Family

  • Owner Pays: Electricity, Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Annual Gross Income: 73164.0
  • Property Net Operating Income: 73164.0
  • Annual Operating Expense: 682.0

Tax Info

  • Tax Annual Amount: 682.0
  • Tax Book Number: 116.00
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2025
Closed on
Jul 10, 2025
Sold by
Ff Equity Llc
Bought by
Trusheim Leon Niklas and Trusheim Miriam Yamileth
Seller's Agent
James Yancey
Gentry Real Estate
Buyer's Agent
Ari Jakobov
eXp Realty
List Price
$719,900
Sold Price
$660,000
Premium/Discount to List
-$59,900
-8.32%
Views
31
Current Estimated Value
$644,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,276
Avg. Annual Appreciation
-5.18%
Original Mortgage
$627,000
Outstanding Balance
$625,936
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$18,788

Purchase Details

Closed on
Feb 29, 2024
Sold by
Carpwill Llc
Bought by
Ff Equity Llc

Purchase Details

Closed on
Feb 26, 2024
Sold by
Carpwill Llc
Bought by
Ff Equity Llc

Purchase Details

Closed on
Mar 1, 2019
Sold by
Carpenter William C
Bought by
Carwill Llc

Purchase Details

Closed on
Sep 24, 1996
Sold by
Federal Home Loan Mtg Assn
Bought by
Carpenter William C

Purchase Details

Closed on
Apr 4, 1996
Sold by
Woodward Dorothy A
Bought by
Federal Home Loan Mtg Cor
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

Date Buyer Sale Price Title Company
Trusheim Leon Niklas $660,000 Navi Title Agency
Ff Equity Llc $275,000 Roc Title Agency
Ff Equity Llc $275,000 Roc Title Agency
Carwill Llc -- None Available
Carpenter William C -- Lawyers Title Of Arizona Inc
Federal Home Loan Mtg Cor -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trusheim Leon Niklas $627,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2025 07/31/25 Sold $660,000 -2.9% $750 / Sq Ft
06/11/2025 06/11/25 Pending -- -- --
05/29/2025 05/29/25 Price Changed $679,900 -2.9% $773 / Sq Ft
05/18/2025 05/18/25 Price Changed $699,900 -2.1% $795 / Sq Ft
05/16/2025 05/16/25 Price Changed $714,800 0.0% $812 / Sq Ft
05/14/2025 05/14/25 Price Changed $714,900 0.0% $812 / Sq Ft
05/13/2025 05/13/25 Price Changed $715,200 0.0% $813 / Sq Ft
05/11/2025 05/11/25 Price Changed $715,300 -0.6% $813 / Sq Ft
05/07/2025 05/07/25 Price Changed $719,300 0.0% $817 / Sq Ft
05/06/2025 05/06/25 Price Changed $719,400 0.0% $818 / Sq Ft
05/02/2025 05/02/25 Price Changed $719,500 -0.1% $818 / Sq Ft
04/04/2025 04/04/25 For Sale $719,900 -- $818 / 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 $724 $5,098 -- --
2024 $675 $4,856 -- --
2023 $675 $26,960 $5,390 $21,570
2022 $651 $20,580 $4,110 $16,470
2021 $646 $17,710 $3,540 $14,170
2020 $654 $17,260 $3,450 $13,810
2019 $653 $11,130 $2,220 $8,910
2018 $642 $10,400 $2,080 $8,320
2017 $627 $8,130 $1,620 $6,510
2016 $609 $7,100 $1,420 $5,680
2015 $563 $5,480 $1,090 $4,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6846743

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-22-130