Seller's Agent in 2021
Randy Erwin
Century 21 Arizona Foothills
(602) 418-1116
1 in this area
30 Total Sales
1442 E Polk St Phoenix, AZ 85006
Garfield Neighborhood
10
Beds
7
Baths
3,400
Sq Ft
1946
Built
Highlights
- Ceramic Tile Flooring
- Central Air
- Heating Available
- Phoenix Coding Academy Rated A
About This Home
As of April 2021Terrific value-add opportunity in the desirable Garfield Historic District. This developing neighborhood near downtown Phoenix provides unique architectural styles and in-town conveniences. The property has six rental units in four individual buildings with an attractive unit mix. Separate electric meters. Landlord pays water. Tremendous upside potential with current rents well below market. One vacant unit being held for tours. (4) 1/1, (1) 2/1 and (1) 2/1.5. This property is primed for an experienced new owner who will maximize it's potential. Near 7% proforma cap!
Last Agent to Sell the Property
Century 21 Arizona Foothills License #SA639091000 Listed on: 03/19/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,134
Year Built
- Built in 1946
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Flooring
- Concrete
- Ceramic Tile
Parking
- 15 Open Parking Spaces
- 15 Parking Spaces
- Carport
- Paved Parking
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 34
- Assessor Parcel Number 116-18-116
Community Details
Overview
- 4 Buildings
- 6 Units
- Building Dimensions are +/-100' x +/-238'
- Germania Place Lots 1, 2, 12, 13 Subdivision
Building Details
- Operating Expense $2,134
- Gross Income $68,970
- Net Operating Income $58,582
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
Jan 7, 2026
Sold by
Bought by
Purchase Details
Closed on
May 16, 2024
Sold by
Bought by
Purchase Details
Closed on
Dec 3, 2021
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
$705,000
Interest Rate
0.0309%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Mar 19, 2021
Closed on
Apr 1, 2021
Sold by
Bought by
Seller's Agent
Randy Erwin
Century 21 Arizona Foothills
Buyer's Agent
Luke Miller
Arizona Best Real Estate
List Price
$780,000
Sold Price
$780,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,000
Interest Rate
0.028%
Mortgage Type
Construction
Purchase Details
Listed on
Mar 19, 2021
Closed on
Mar 29, 2021
Sold by
Bought by
Seller's Agent
Randy Erwin
Century 21 Arizona Foothills
Buyer's Agent
Luke Miller
Arizona Best Real Estate
List Price
$780,000
Sold Price
$780,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,000
Interest Rate
0.028%
Mortgage Type
Construction
Purchase Details
Listed on
Aug 14, 2017
Closed on
Jan 2, 2018
Sold by
Bought by
Seller's Agent
Carrie Black-Montano
Realty ONE Group
Buyer's Agent
Patsy R. Iseman
Arizona Elite Properties
List Price
$365,000
Sold Price
$347,000
Premium/Discount to List
-$18,000
-4.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.40%
Purchase Details
Listed on
Mar 4, 2015
Closed on
May 12, 2015
Sold by
Bought by
Seller's Agent
Robert Passariello
Realty Executives Arizona Territory
Buyer's Agent
Robert Passariello
Realty Executives Arizona Territory
List Price
$280,000
Sold Price
$265,000
Premium/Discount to List
-$15,000
-5.36%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.75%
Original Mortgage
$205,000
Interest Rate
0.0367%
Mortgage Type
Seller Take Back
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $850,000 | Title Services Of The Valley | ||
| -- | None Listed On Document | ||
| -- | Chicago Title Agency Inc | ||
| -- | Equity Title Agency Inc | ||
| $780,000 | Equity Title Agency Inc | ||
| $347,000 | Equity Title Agency Inc | ||
| $265,000 | Security Title Agency |
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 |
|---|---|---|---|
| Previous Owner | $150,000 | ||
| Closed | $705,000 | ||
| Previous Owner | $705,000 | ||
| Previous Owner | $205,000 |
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 |
|---|---|---|---|---|---|
| 04/01/2021 04/01/21 | Sold | $780,000 | 0.0% | $229 / Sq Ft | |
| 03/22/2021 03/22/21 | Pending | -- | -- | -- | |
| 03/19/2021 03/19/21 | For Sale | $780,000 | +124.8% | $229 / Sq Ft | |
| 01/03/2018 01/03/18 | Sold | $347,000 | -4.9% | $102 / Sq Ft | View Prior Sale |
| 12/31/2017 12/31/17 | For Sale | $365,000 | 0.0% | $107 / Sq Ft | |
| 12/31/2017 12/31/17 | Price Changed | $365,000 | 0.0% | $107 / Sq Ft | |
| 12/20/2017 12/20/17 | Pending | -- | -- | -- | |
| 12/15/2017 12/15/17 | Price Changed | $365,000 | -2.7% | $107 / Sq Ft | |
| 10/25/2017 10/25/17 | Price Changed | $375,000 | -5.1% | $110 / Sq Ft | |
| 09/20/2017 09/20/17 | For Sale | $395,000 | 0.0% | $116 / Sq Ft | |
| 09/18/2017 09/18/17 | Pending | -- | -- | -- | |
| 08/14/2017 08/14/17 | For Sale | $395,000 | +49.1% | $116 / Sq Ft | |
| 05/15/2015 05/15/15 | Sold | $265,000 | -5.4% | $78 / Sq Ft | View Prior Sale |
| 04/18/2015 04/18/15 | Pending | -- | -- | -- | |
| 03/03/2015 03/03/15 | For Sale | $280,000 | -- | $82 / 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 | $2,420 | $17,040 | ||
| 2024 | $2,257 | $16,228 | ||
| 2023 | $2,257 | $75,730 | $15,140 | $60,590 |
| 2022 | $2,121 | $53,100 | $10,620 | $42,480 |
| 2021 | $2,109 | $46,200 | $9,240 | $36,960 |
| 2020 | $2,134 | $43,100 | $8,620 | $34,480 |
| 2019 | $2,131 | $29,660 | $5,930 | $23,730 |
| 2018 | $2,095 | $26,320 | $5,260 | $21,060 |
| 2017 | $2,041 | $24,720 | $4,940 | $19,780 |
| 2016 | $1,982 | $19,270 | $3,850 | $15,420 |
| 2015 | $1,829 | $16,000 | $3,200 | $12,800 |
Source: Public Records
Agents Affiliated with this Home
-
Randy Erwin
-
Luke Miller
L
Buyer's Agent in 2021
Luke Miller
Arizona Best Real Estate
(602) 993-0024
11 Total Sales
-
Carrie Black-Montano
Seller's Agent in 2018
Carrie Black-Montano
Realty One Group
(480) 560-5759
31 Total Sales
-
P
Buyer's Agent in 2018
Patsy R. Iseman
Arizona Elite Properties
-
Robert Passariello
Seller's Agent in 2015
Robert Passariello
Realty Executives
(480) 998-0676
11 Total Sales
-
B
Buyer's Agent in 2015
Bob Passariello
Realty Executives
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6209663
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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