NOT LISTED FOR SALE

Estimated Value: $820,000 - $1,039,000

-- Bed
-- Bath
2,680 Sq Ft
$347/Sq Ft Est. Value

Last Sold September 13, 2023

Last sale price $812,500 $303 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,183/month

18 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of September 2023

4-Unit, Garden-Style Property, Built in 1982
All 2-Bed / 1-Bath Units.Value-Add Opportunity Through Interior & Exterior Renovations. Each Unit Boasts a Private Patio's. Individually Metered for Electricity.
Located in the Popular Garfield Historic District, Close Proximity to Numerous Dining & Entertainment Options in Downtown Phoenix.
Less Than a 10 Minute Drive to Phoenix Sky Harbor International Airport. The adjacent property lot at 1421 E Roosevelt Street is also available & seller prefers sold together which makes 8 units total together!

Last Agent to Sell the Property

Andrew Arambula

ABI Multifamily License #SA688881000 Listed on: 06/06/2023

Co-Listed By

Bryce Neagle

ABI Multifamily License #SA692871000

Last Buyer's Agent

Nathan Leidigh

Real Broker License #SA652186000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,406

Year Built

  • Built in 1982

Lot Details

  • 6,752

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • The owner pays for water, sewer, landscaping
  • Tax Lot 5
  • Assessor Parcel Number 116-19-119

Community Details

Overview

  • 4 Units
  • Building Dimensions are 49.95x137.40x49.95x137.20
  • Kleck Tract Subdivision

Building Details

  • Operating Expense $1,406

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,406

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2022
  • Road Surface Type: Concrete, Alley
  • Co List Office Mls Id: abim01
  • Co List Office Phone: 602-714-1400
  • Subdivision Name: KLECK TRACT
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 49.95x137.40x49.95x137.20
  • Additional Parcels: No
  • Parcel #: 116-19-119

Multi Family

  • Owner Pays: Water, Sewer, Landscaping
  • Tenant Pays: See Remarks
  • Number Of Units Total: 4
  • Annual Operating Expense: 1406.0

Tax Info

  • Tax Annual Amount: 1406.0
  • Tax Book Number: 116.00
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2025
Sold by
Simons Steve
Bought by
Gravity Properties Llc
Current Estimated Value
$930,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Outstanding Balance
$568,059
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$362,253

Purchase Details

Listed on
Jun 6, 2023
Closed on
Sep 14, 2023
Sold by
Simons Steve
Bought by
Pomaikai Holdings Llc
Seller's Agent
Andrew Arambula
ABI Multifamily
Buyer's Agent
Nathan Leidigh
Real Broker
List Price
$804,000
Sold Price
$812,500
Premium/Discount to List
$8,500
1.06%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$565,250
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 8, 2019
Closed on
Feb 5, 2020
Sold by
Ran Assets Llc
Bought by
Stoffmacher Bruce and Landau Camile
Seller's Agent
Mark Skelpsa
HomeSmart Realty
Buyer's Agent
HEATHER BINDER
Sellwhenever
List Price
$1,100,000
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.11%
Original Mortgage
$420,000
Interest Rate
3.72%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 29, 2014
Closed on
Dec 15, 2014
Sold by
Du Coeur Enterprises Llc
Bought by
Ran Assets Llc
Seller's Agent
Jim Swindle
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Jim Swindle
Better Homes & Gardens Real Estate SJ Fowler
List Price
$149,000
Sold Price
$142,500
Premium/Discount to List
-$6,500
-4.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.60%

Purchase Details

Listed on
Sep 4, 2012
Closed on
Jan 3, 2013
Sold by
Schecter James
Bought by
Du Coeur Enterprises Llc
Seller's Agent
John Albrecht
West USA Realty
Buyer's Agent
Jim Swindle
Better Homes & Gardens Real Estate SJ Fowler
List Price
$145,000
Sold Price
$135,000
Premium/Discount to List
-$10,000
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.70%
Original Mortgage
$91,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 4, 2012
Closed on
Dec 7, 2012
Sold by
Djj Investment Holdings Llc
Bought by
Schecter James
Seller's Agent
John Albrecht
West USA Realty
Buyer's Agent
Jim Swindle
Better Homes & Gardens Real Estate SJ Fowler
List Price
$145,000
Sold Price
$135,000
Premium/Discount to List
-$10,000
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2011
Sold by
The Steven Nicholas Group Llc
Bought by
Djj Investment Holdings Llc

Purchase Details

Closed on
Jun 8, 2010
Sold by
Ming Toy Enterprises Llc
Bought by
The Steven Nicholas Group Llc

Purchase Details

Closed on
Jun 7, 2010
Sold by
Ez Homes Inc
Bought by
Ming Toy Enterprises Llc

Purchase Details

Closed on
Dec 18, 2009
Sold by
Ez Homes
Bought by
Ming Toy Enterprises Llc

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
4.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2009
Sold by
Blizzard Gregory S and Blizzard Margaret M
Bought by
Ez Homes Inc

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
4.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2005
Sold by
Lonca Cornel
Bought by
Blizzard Gregory S and Blizzard Margaret M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,600
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2004
Sold by
Lonca Angela
Bought by
Lonca Cornel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,300
Interest Rate
5.57%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 26, 2004
Sold by
Barron Miguel B and Barron Esmeralda
Bought by
Lonca Cornel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,300
Interest Rate
5.57%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 22, 2000
Sold by
Tong Tip Ning
Bought by
Barron Miguel B and Barron Esmeralda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,200
Interest Rate
7.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 1997
Sold by
Trinler Susan
Bought by
Johnson Blake and Johnson Patricia
Source: Public Records

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
Gravity Properties Llc -- Great American Title Agency
Simons Steve -- Great American Title Agency
Pomaikai Holdings Llc -- --
Simons Steve $807,500 Navi Title Agency
Stoffmacher Bruce $600,000 Great American Title Agency
Ran Assets Llc $142,500 Great Amer Title Agency Inc
Du Coeur Enterprises Llc -- None Available
Schecter James $135,000 American Title Service Agenc
Djj Investment Holdings Llc $103,500 Great American Title Agency
The Steven Nicholas Group Llc $120,000 Security Title Agency
Ming Toy Enterprises Llc -- Security Title Agency
Ming Toy Enterprises Llc -- None Available
Ez Homes Inc $66,200 None Available
Blizzard Gregory S $310,000 --
Lonca Cornel -- Ticor Title Agency Of Az Inc
Lonca Cornel $183,000 Ticor Title Agency Of Az Inc
Barron Miguel B $98,000 Title Guaranty Agency
Johnson Blake -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simons Steve $570,000
Previous Owner Simons Steve $565,250
Previous Owner Stoffmacher Bruce $420,000
Previous Owner Ran Assets Llc $400,000
Previous Owner Schecter James $91,000
Previous Owner Ming Toy Enterprises Llc $55,000
Previous Owner Blizzard Gregory S $240,600
Previous Owner Lonca Cornel $18,300
Previous Owner Lonca Cornel $146,400
Previous Owner Lonca Cornel $146,400
Previous Owner Barron Miguel B $88,200
Closed Blizzard Gregory S $30,075
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2023 09/13/23 Sold $812,500 +1.1% $303 / Sq Ft
06/07/2023 06/07/23 For Sale $804,000 -26.9% $300 / Sq Ft
02/14/2020 02/14/20 Sold $1,100,000 0.0% $410 / Sq Ft
11/08/2019 11/08/19 For Sale $1,100,000 +671.9% $410 / Sq Ft
12/17/2014 12/17/14 Sold $142,500 -4.4% $53 / Sq Ft
12/03/2014 12/03/14 Pending -- -- --
11/29/2014 11/29/14 For Sale $149,000 +10.4% $56 / Sq Ft
12/07/2012 12/07/12 Sold $135,000 -6.9% $50 / Sq Ft
10/24/2012 10/24/12 Pending -- -- --
09/04/2012 09/04/12 For Sale $145,000 -- $54 / 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 $1,472 $11,005 -- --
2024 $1,457 $10,481 -- --
2023 $1,457 $49,650 $9,930 $39,720
2022 $1,406 $34,700 $6,940 $27,760
2021 $1,395 $28,700 $5,740 $22,960
2020 $1,411 $26,810 $5,360 $21,450
2019 $1,409 $19,660 $3,930 $15,730
2018 $1,385 $14,350 $2,870 $11,480
2017 $1,353 $14,450 $2,890 $11,560
2016 $1,314 $11,960 $2,390 $9,570
2015 $1,216 $11,420 $2,280 $9,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6565672

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-19-119