$515,000
SOLD JUN 18, 2025
-- Bed
-- Bath
1,739 Sq Ft
1948 Built

Recently Sold

$296 Per Sq Ft

1% Below List Price

4 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • 5-minute walk to University Park
  • Phoenix Coding Academy Rated A
  • Heating System Uses Natural Gas

About This Home

As of June 2025

Versatile property offering a main home and two studio units. Primary home is a charming three bedroom two bath. Two attached studio units located in the back. Main house is month to month lease allowing a perfect owner occupant and investing opportunity. Live in the primary home and allow the two studio units to offset your mortgage by $1,918 per month! Primary unit is currently M2M at $1650. Flexible R-8 Zoning allows for six attached units to be constructed. This block has a great mix of new developments and historic homes. Property is located in the Woodland historic district, a vibrant and evolving area that is walking distance to Historic Grand Avenue, downtown campuses, and all the best dining and nightlife Phoenix offers!

Last Agent to Sell the Property

Charles Fertal

Compass License #SA651016000 Listed on: 05/01/2025

Co-Listed By

Kayla Fertal

Compass License #SA639515000

Last Buyer's Agent

Russell Shaw

Realty One Group License #BR008345000

Realty One Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,057

Year Built

  • Built in 1948

Parking

  • On-Street Parking

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Schools

  • Capitol Elementary School
  • Metro Tech High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 17
  • Assessor Parcel Number 112-03-038

Community Details

Overview

  • 3 Units
  • Building Dimensions are 6000
  • Walker Subdivision

Building Details

  • Operating Expense $1,057
  • Gross Income $40,675
  • Net Operating Income $30,338

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,057

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Cross Street: Van Buren St & 7th Ave
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1948
  • Tax Year: 2024
  • Directions: West on Van Buren, left on 10th Ave, quick right on Woodland Ave, left on 11th Ave, property is on the right.
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Co List Office Mls Id: laun008
  • Co List Office Phone: 480-776-1555
  • Subdivision Name: Walker Subdivision
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Wood
  • Appliances: Built-In Range, Dishwasher, Microwave, W/D Hookup
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: On Street
  • Attached Garage: No
  • Parking Features Street Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Capitol Elementary School
  • High School: Metro Tech High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Capitol Elementary School

Lot Info

  • Lot Size: 6000
  • Additional Parcels: No
  • Parcel #: 112-03-038

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 3
  • Annual Gross Income: 40675.2
  • Property Net Operating Income: 30338.0
  • Annual Operating Expense: 1057.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1057.0
  • Tax Book Number: 112.00
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2025
Closed on
Jun 12, 2025
Sold by
Kjl Realty Group Llc
Bought by
Cash Daniel
Seller's Agent
Charles Fertal
Compass
Buyer's Agent
Russell Shaw
Realty One Group
List Price
$520,000
Sold Price
$515,000
Premium/Discount to List
-$5,000
-0.96%
Views
19
Current Estimated Value
$510,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,062
Avg. Annual Appreciation
-2.89%
Original Mortgage
$489,250
Outstanding Balance
$488,830
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$22,108

Purchase Details

Closed on
Feb 28, 2022
Sold by
Kristi Leach
Bought by
Kjl Realty Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2022
Sold by
Kristi Leach
Bought by
Kjl Realty Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 15, 2021
Closed on
Apr 27, 2021
Sold by
Leach Justin and Leach Kristi
Bought by
Leach Kristi
Seller's Agent
Jason Penrose
eXp Realty
Buyer's Agent
Eric Lambert
Versatile Properties
List Price
$499,900
Sold Price
$475,000
Premium/Discount to List
-$24,900
-4.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.71%
Original Mortgage
$380,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 2, 2016
Closed on
Jun 30, 2016
Sold by
Casa Calasa Llc
Bought by
Mussman Logan
Seller's Agent
Avril Hogan
ARC Real Estate
Buyer's Agent
Nicholas Brockelman
My Home Group Real Estate
List Price
$189,900
Sold Price
$186,500
Premium/Discount to List
-$3,400
-1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.93%
Original Mortgage
$183,121
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 12, 2016
Sold by
Singer David and Singer Cora
Bought by
Casa Calasa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,385
Interest Rate
3.92%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 31, 2011
Sold by
Singer Cora
Bought by
Beaux Chateaux Llc

Purchase Details

Closed on
Nov 29, 2007
Sold by
Diamond Media & Marketing Inc
Bought by
Singer David and Singer Cora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 20, 2006
Sold by
Whitewater Properties Llc
Bought by
Diamond Media & Marketing Inc

Purchase Details

Closed on
Oct 11, 2005
Sold by
Yanez Dorrie
Bought by
Whitewater Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,600
Interest Rate
6.14%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $515,000 Wfg National Title Insurance C
Quit Claim Deed -- Liberty Title
Quit Claim Deed -- Liberty Title
Interfamily Deed Transfer -- Landmark Ttl Assurance Agcy
Warranty Deed $475,000 Landmark Ttl Assurance Agcy
Warranty Deed $186,500 American Title Svc Agency Ll
Deed $131,180 Great American Title Agency
Quit Claim Deed -- None Available
Warranty Deed -- Grand Canyon Title Agency In
Cash Sale Deed $172,000 Premier Title Group Maricopa
Cash Sale Deed $137,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $489,250 New Conventional
Previous Owner $412,500 New Conventional
Previous Owner $412,500 New Conventional
Previous Owner $380,000 Commercial
Previous Owner $183,121 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 Sold $515,000 -1.0% $296 / Sq Ft
05/05/2025 05/05/25 Pending -- -- --
05/01/2025 05/01/25 For Sale $520,000 +9.5% $299 / Sq Ft
06/11/2021 06/11/21 Sold $475,000 -5.0% $273 / Sq Ft
06/09/2021 06/09/21 Price Changed $499,900 0.0% $287 / Sq Ft
05/27/2021 05/27/21 Price Changed $499,900 0.0% $287 / Sq Ft
05/20/2021 05/20/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $499,900 0.0% $287 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $499,900 +168.0% $287 / Sq Ft
07/12/2016 07/12/16 Sold $186,500 -1.8% $107 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
06/02/2016 06/02/16 For Sale $189,900 -- $109 / 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 $1,057 $7,902 -- --
2024 $1,046 $7,526 -- --
2023 $1,046 $34,530 $6,900 $27,630
2022 $968 $27,460 $5,490 $21,970
2021 $964 $25,830 $5,160 $20,670
2020 $976 $23,560 $4,710 $18,850
2019 $975 $20,460 $4,090 $16,370
2018 $958 $16,900 $3,380 $13,520
2017 $932 $13,480 $2,690 $10,790
2016 $905 $10,720 $2,140 $8,580
2015 $833 $5,620 $1,120 $4,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6860225

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-03-038