NOT LISTED FOR SALE
-- Bed
1 Bath
1,169 Sq Ft
0.39 Acres

Last Sold June 27, 2023

Last sale price $3,320,000 $2,840 Per Sq Ft

12 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of June 2023

Certificate of Occupancy anticipated in Mid April, 2023. The Taylor consists of 12 well-planned units in a trendy, midcentury building in the heart of Phoenix. The project features a unit mix of 3 studios, 5 one-bedroom / one-bathroom units,
and 4 two-bedroom / two-bathroom units. The first floor units have private yards and the second and third floor units have balconies. There is also a community rooftop deck and nice outdoor amenity space with incredible views of the mountains to the northeast and Downtown Phoenix to the west. The midcentury architecture that has been incorporated in the plans is extremely popular in this gentrifying part of Phoenix. The units will offer a rare, more affordable option to tenants who are seeking a class A, brand new, attractive project at a price point that is getting harder and harder to find. This is a rare, bite-sized new-construction investment opportunity in the heart of
one of the fastest growing metroplexes in the country.
The Taylor is a brand new, completed apartment project in
central Phoenix The property is located just east of the heart
of Downtown Phoenix. It is just over a mile to the stadium
district, Roosevelt Row, and the ASU downtown campus. It
is less than a mile from the nearest light rail station at 12th
Street and Washington and approximately a half mile to the
I-10 Freeway, giving residents easy access to all areas of
metropolitan Phoenix. This location is as central as it gets and
allows residents to enjoy, with ease, so much of what all parts
of Phoenix have to offer. With many dining, shopping, and
entertainment options, as well as multiple freeway access points
and light rail stations within minutes, this property will prove
to be a phenomenal development opportunity for someone who
wants a fantastic property in a great, central location.

Last Agent to Sell the Property

John Klocek

ABI Multifamily License #SA657592000 Listed on: 04/11/2023

Co-Listed By

Patrick Burch

ABI Multifamily License #BR515118000

Last Buyer's Agent

Brent Johnson

Barrett Real Estate License #SA688394000

Barrett Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,058

Year Built

  • Built in 2023

Lot Details

  • 0.39

Home Design

  • Wood Frame Construction
  • Stucco

Parking

  • 15 Open Parking Spaces
  • 15 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 36
  • Assessor Parcel Number 116-18-121-A

Community Details

Overview

  • 12 Units
  • Building Dimensions are ~86x195
  • Germania Place Lots 4 1115 19212231 36 Subdivision

Building Details

  • Operating Expense $3,058

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,058

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Cross Street: 16th Street and Fillmore
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R4
  • Number Of Buildings: 1
  • Year Built: 2023
  • Tax Year: 2022
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: abim01
  • Co List Office Phone: 602-714-1400
  • Subdivision Name: GERMANIA PLACE LOTS 4-1115-19212231-36
  • Tax Parcel Letter: A
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Other, See Remarks, Painted, Stucco, Frame - Wood
  • Roof: Other, See Remarks
  • Construction:Frame - Wood: Yes
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Open Parking Spaces: 15.0
  • Total Parking Spaces: 15.0
  • General Property Description:Uncvrd Parking Spcs: 15.0
  • General Property Description:Total Parking Spcs: 15.0
  • Parking:Paved Parking: Yes
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Other (See Remarks), Individual Meter
  • Cooling: Other
  • Heating: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Other4: Yes

Condo/Co-op/Association

  • Community Features: See Remarks, No Pool
  • Amenities: Other

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Community Amenities:See Remarks15: Yes
  • Interior Amenities:Other (See Remarks)51: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Lot Info

  • Lot Size: ~86x195
  • Additional Parcels: No
  • Parcel #: 116-18-121-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 12
  • Annual Operating Expense: 3058.0

Tax Info

  • Tax Annual Amount: 3058.0
  • Tax Book Number: 116.00
  • Tax Lot: 36
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2023 06/27/23 Sold $3,320,000 -2.9% $2,840 / Sq Ft
06/08/2023 06/08/23 Price Changed $3,420,000 0.0% $2,926 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
04/11/2023 04/11/23 For Sale $3,420,000 +6476.9% $2,926 / Sq Ft
10/31/2012 10/31/12 Sold $52,000 -10.1% $44 / Sq Ft View Prior Sale
10/01/2012 10/01/12 For Sale $57,850 0.0% $49 / Sq Ft
10/01/2012 10/01/12 Price Changed $57,850 0.0% $49 / Sq Ft
08/08/2012 08/08/12 Pending -- -- --
08/07/2012 08/07/12 Pending -- -- --
08/05/2012 08/05/12 For Sale $57,850 -- $49 / 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 $22,925 $161,389 -- --
2024 $3,171 $153,704 -- --
2023 $3,171 $62,235 $62,235 $0
2022 $3,058 $39,930 $39,930 $0
2021 $3,035 $34,560 $34,560 $0
2020 $2,061 $20,870 $4,170 $16,700
2019 $2,058 $16,660 $3,330 $13,330
2018 $957 $14,220 $2,840 $11,380
2017 $934 $10,070 $2,010 $8,060
2016 $908 $8,750 $1,750 $7,000
2015 $840 $8,160 $1,630 $6,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6542383

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-18-121A