NOT LISTED FOR SALE

Estimated Value: $396,000 - $621,736

2 Beds
1 Bath
902 Sq Ft
$572/Sq Ft Est. Value

Last Sold July 26, 2023

Last sale price $650,000 $721 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $2,856/month

249 Days on Market

Highlights

  • RV or Boat Parking
  • Wood Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Multiple cooling system units
  • 2-minute walk to Virginia Park

About This Home

As of July 2023

Investment opportunity in a rapidly changing pocket of Coronado Historic district. As it currently sits, this property has a historic 2 bedroom 1 bathroom home with a one car garage. Behind the automatic gate is two separate and expansive shop areas plus an additional 2 bedroom, 1 bathroom dwelling. All shops have bathrooms, HVAC and electrical. This unique compound is located in a highly sought after central location with easy freeway access and walking distance to Barrio Cafe, Colorado PHX, Ollie Vaughs, Main Ingredient, Coronado Community Garden and Park and so much more.

Last Agent to Sell the Property

Charles Fertal

Compass License #SA651016000 Listed on: 10/20/2022

Co-Listed By

Kayla Fertal

Compass License #SA639515000

Last Buyer's Agent

Ryan Ammons

Real Broker License #SA708080000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,187

Year Built

  • Built in 1930

Lot Details

  • 0.64

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Metal Roof
  • Stucco

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Parking

  • 40 Parking Spaces
  • Carport
  • On-Street Parking
  • RV or Boat Parking

Schools

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

Utilities

  • Multiple cooling system units
  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 117-20-100-A

Community Details

Overview

  • 4 Buildings
  • 2 Units
  • Building Dimensions are 273.50 x 121.88
  • Maxwelton Tract Subdivision

Building Details

  • Operating Expense $1,187

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,187

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Cross Street: 16th St and Thomas
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R6
  • Number Of Buildings: 4
  • Ownership: Fee Simple
  • Year Built: 1930
  • Tax Year: 2022
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: laun008
  • Co List Office Phone: 480-776-1555
  • Subdivision Name: MAXWELTON TRACT
  • Garage Yn: Yes
  • Tax Parcel Letter: A
  • 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: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Washer/Dryer
  • Appliances Included:FS OvenRange: 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, Painted, Stucco
  • Roof: Composition, Metal

Garage/Parking

  • Total Covered Spaces: 20.0
  • Parking Features: RV/Access Parking, On Street, Carport
  • Attached Garage: No
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 40.0
  • General Property Description:Covered Parking Spcs: 20.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 40.0
  • Parking Features:Carport: Yes
  • Parking Features:Garage: Yes
  • Parking Features Street Parking: Yes
  • Parking Features RVBoat Parking2: Yes

Utilities

  • Electric: APS
  • Cooling: Window/Wall Unit, Electric, 2 or More Units
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Longview Elementary School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix Prep Academy

Lot Info

  • Lot Size: 273.50 x 121.88
  • Additional Parcels: No
  • Parcel #: 117-20-100-A

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 2
  • Annual Operating Expense: 1187.0

Tax Info

  • Tax Annual Amount: 1187.0
  • Tax Book Number: 117.00
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2023
Sold by
Luna Ricardo and Damico John
Bought by
1422 E Virginia Llc
Current Estimated Value
$515,684

Purchase Details

Closed on
Nov 5, 2021
Sold by
Avadisian Anahid
Bought by
Avadisian Anahid and Anahid Avadisian Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,200
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2021
Sold by
Avadisian Anahid and Mccord Trust
Bought by
Avadisian Anahid and The Anahid Avadisian Family Tr

Purchase Details

Closed on
Jun 29, 2021
Sold by
Mccord Victor M and Mccord Trust
Bought by
Mccord Victor M and The Mccord Trust

Purchase Details

Closed on
Nov 1, 2018
Sold by
Mccord Victor M
Bought by
Mccord Shane P

Purchase Details

Closed on
Oct 30, 2014
Sold by
Mccord Victor M
Bought by
Mccord Victor M

Purchase Details

Closed on
Jan 15, 2008
Sold by
Mccord Victor M
Bought by
Mccord Victor M

Purchase Details

Closed on
Jan 24, 2001
Sold by
Mccord Susan J
Bought by
Mccord Victor M
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
1422 E Virginia Llc -- --
Avadisian Anahid -- Driggs Title Agency Inc
Avadisian Anahid -- Driggs Title Agency Inc
Avadisian Anahid -- None Available
Mccord Victor M -- None Available
Mccord Shane P -- None Available
Mccord Victor M -- None Available
Mccord Victor M -- Ticor Title Agency Of Az Inc
Mccord Victor M -- --
Mccord Victor M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Avadisian Anahid $252,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2023 07/26/23 Sold $650,000 -7.1% $721 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
06/17/2023 06/17/23 Price Changed $700,000 0.0% $776 / Sq Ft
06/17/2023 06/17/23 For Sale $700,000 -20.0% $776 / Sq Ft
06/08/2023 06/08/23 Price Changed $875,000 0.0% $970 / Sq Ft
05/19/2023 05/19/23 Pending -- -- --
04/12/2023 04/12/23 Price Changed $875,000 -2.8% $970 / Sq Ft
04/10/2023 04/10/23 For Sale $900,000 +38.5% $998 / Sq Ft
04/08/2023 04/08/23 Off Market $650,000 -- --
01/28/2023 01/28/23 Price Changed $900,000 -2.7% $998 / Sq Ft
10/20/2022 10/20/22 For Sale $925,000 -- $1,025 / 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 $1,954 $15,044 -- --
2024 $1,598 $14,328 -- --
2023 $1,598 $35,070 $7,010 $28,060
2022 $1,187 $12,760 $2,550 $10,210
2021 $1,283 $27,020 $5,400 $21,620
2020 $1,311 $25,730 $5,140 $20,590
2019 $1,235 $21,770 $4,350 $17,420
2018 $1,102 $12,760 $2,550 $10,210
2017 $916 $12,760 $2,550 $10,210
2016 $1,473 $12,760 $2,550 $10,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6479770

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-20-100A