NOT LISTED FOR SALE

Estimated Value: $337,000 - $472,817

-- Bed
1 Bath
828 Sq Ft
$479/Sq Ft Est. Value

Last Sold May 15, 2019

Last sale price $207,000 $250 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,243/month

50 Days on Market

Highlights

  • Evaporated cooling system
  • Concrete Flooring
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of May 2019

2 units located in the Garfield District. Close to downtown, shopping, schools and freeways. Garfield has many homes being renovated and this could be the opportunity you are looking for at a reasonable price.

Last Agent to Sell the Property

David Quintero

Zoomit License #BR534789000 Listed on: 02/26/2019

Last Buyer's Agent

David Quintero

Zoomit License #BR534789000 Listed on: 02/26/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $917

Year Built

  • Built in 1941

Lot Details

  • 0.28

Home Design

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

Flooring

  • Concrete Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Assigned Parking

Schools

  • Garfield Elementary School
  • Asu Preparatory Academy - Phoenix Middle School
  • Asu Preparatory Academy - Phoenix High School

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 116-18-115

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 12,110sqft
  • Germania Place Lots 1, 2, 12, 13 Subdivision

Building Details

  • Operating Expense $917
  • Gross Income $1,485

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$917

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Cross Street: 16th St and Van Buren
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 2
  • Year Built: 1941
  • Tax Year: 2018
  • Road Surface Type: Gravel, Dirt, Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: GERMANIA PLACE LOTS 1, 2, 12, 13
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete, Other
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: None, Other (See Remarks)
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: See Remarks, Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: APS
  • Cooling: Electric, Evaporative Cooling
  • 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
  • Amenities: Other

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes

Schools

  • Elementary School: Garfield School
  • High School: ASU Preparatory Academy - Phoenix High School
  • Middle Or Junior School: ASU Preparatory Academy - Phoenix Middle School

Lot Info

  • Lot Size: 12,110sqft
  • Additional Parcels: No
  • Parcel #: 116-18-115

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 1485.29
  • Annual Operating Expense: 917.0

Tax Info

  • Tax Annual Amount: 917.0
  • Tax Book Number: 116.00
  • Tax Lot: 34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2024
Sold by
Angulo Antina
Bought by
Garcia Fabiola and Garcia Christian
Current Estimated Value
$396,204

Purchase Details

Closed on
May 16, 2024
Sold by
Angulo Antina
Bought by
Garcia Fabiola and Garcia Christian

Purchase Details

Closed on
Jun 30, 2020
Sold by
Tirone Lily and Tirone Philip X
Bought by
Tirone Philip X and Tirone Lily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,500
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2020
Sold by
Equity Trust Company
Bought by
Tirone Philip X and Tirone Lily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,500
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 26, 2019
Closed on
Apr 26, 2019
Sold by
Lig Arizona Reo Llc
Bought by
Equity Trust Company and 200367606 Ira
Seller's Agent
David Quintero
Zoomit
Buyer's Agent
David Quintero
Zoomit
List Price
$220,000
Sold Price
$207,000
Premium/Discount to List
-$13,000
-5.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.27%

Purchase Details

Closed on
Dec 17, 2010
Sold by
Chen Michael
Bought by
Lig Arizona Reo Llc

Purchase Details

Closed on
Mar 23, 2009
Sold by
Gmac Mortgage Llc
Bought by
Chen Michael

Purchase Details

Closed on
Jan 12, 2009
Sold by
Urbina Julio C and Urbina Rebecca L
Bought by
Gmac Mortgage Llc and Gmac Mortgage Corporation

Purchase Details

Closed on
Jun 12, 2006
Sold by
182 Group Partnership Llc
Bought by
Urbina Julio C and Urbina Rebecca L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
2%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 5, 2006
Sold by
Escalera Rene
Bought by
1822 Group Partnership Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
2%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 22, 2005
Sold by
1822 Group Partnership Llc
Bought by
1822 Group Partnership Llc and Escalera Rene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,729
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2005
Sold by
Home Again Properties Inc
Bought by
1822 Group Partnership Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,729
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2005
Sold by
Voight Sandra D
Bought by
Home Again Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,079
Interest Rate
5.72%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Garcia Fabiola -- None Listed On Document
Garcia Fabiola -- None Listed On Document
Tirone Philip X -- Magnus Title Agency
Tirone Philip X -- Magnus Title Agency
Equity Trust Company $207,000 Magnus Title Agency Llc
Lig Arizona Reo Llc -- None Available
Chen Michael $34,000 First American Title Ins Co
Gmac Mortgage Llc $102,000 Security Title Agency
Urbina Julio C $225,000 Guaranty Title Agency
1822 Group Partnership Llc -- Guaranty Title Agency
1822 Group Partnership Llc -- Guaranty Title Agency
1822 Group Partnership Llc $135,000 --
Home Again Properties Inc $84,000 Guaranty Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tirone Philip X $269,500
Previous Owner Urbina Julio C $180,000
Previous Owner 1822 Group Partnership Llc $22,500
Previous Owner 1822 Group Partnership Llc $162,729
Previous Owner Home Again Properties Inc $74,079
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2019 05/15/19 Sold $207,000 -5.9% $250 / Sq Ft
04/17/2019 04/17/19 Pending -- -- --
03/08/2019 03/08/19 For Sale $220,000 0.0% $266 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
02/26/2019 02/26/19 For Sale $220,000 -- $266 / 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 $2,072 $14,589 -- --
2024 $1,932 $13,894 -- --
2023 $1,932 $35,070 $7,010 $28,060
2022 $1,863 $29,980 $5,990 $23,990
2021 $1,849 $23,200 $4,640 $18,560
2020 $1,871 $21,370 $4,270 $17,100
2019 $1,868 $15,120 $3,020 $12,100
2018 $917 $13,780 $2,750 $11,030
2017 $896 $9,260 $1,850 $7,410
2016 $870 $7,710 $1,540 $6,170
2015 $805 $6,850 $1,370 $5,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5888204

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-18-115