NOT LISTED FOR SALE

Estimated Value: $579,000 - $601,000

-- Bed
-- Bath
-- Sq Ft
8,059 Sq Ft Lot

Last Sold August 02, 2024

Last sale price $584,999

Est. 1% increase in value since last sale

Current estimated payment $3,336/month

52 Days on Market

Highlights

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

About This Home

As of August 2024

1459 E Taylor St is a newly renovated 3-unit multifamily property located in the heart of Downtown Phoenix. This 1,628 SF property sits on 0.18 acres of land, providing 6 surface parking spots. Each unit consists of 2 beds and 1 bathroom, all renovated within the last year. The landscaping is a beautiful low-maintenance desert theme with light-colored rock and neatly manicured plants.
Currently, all three units are occupied at $1,340, $1,350, and $1,700 a month, respectively. Each unit contains its own private fenced backyard, all separately metered for the landlord's convenience. Tucked away off of Taylor Street, this property provides a quiet and peaceful atmosphere. All units are fully occupied and do not allow for showings.
*DO NOT DISTURB TENANTS

Last Agent to Sell the Property

Perry Laufenberg

SVN/Desert Commercial Advisors Brokerage Email: perry.laufenberg@svn.com License #BR548198000 Listed on: 05/10/2024

SVN/Desert Commercial Advisors

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,133

Year Built

  • Built in 1982

Lot Details

  • 8,059

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Vinyl Flooring
  • Property fronts an alley

Listing and Financial Details

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

Community Details

Overview

  • 3 Units
  • Building Dimensions are 87.72x88.34x87.73x92.42
  • Germania Place Lots 4 11,15 19,21,22,31 36 Subdivision

Building Details

  • Operating Expense $1,133
  • Gross Income $51,192
  • Net Operating Income $40,549

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,133

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2023
  • Attribution Contact: perry.laufenberg@svn.com
  • Road Frontage Type: Alley
  • Subdivision Name: GERMANIA PLACE LOTS 4-11,15-19,21,22,31-36
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: Individual Meter
  • Cooling: Individual
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 87.72x88.34x87.73x92.42
  • Additional Parcels: No
  • Parcel #: 116-18-121-B

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 3
  • Annual Gross Income: 51192.0
  • Property Net Operating Income: 40549.0
  • Annual Operating Expense: 1132.54
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 1132.54
  • Tax Book Number: 116.00
  • Tax Lot: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Aug 12, 2024
Sold by
Ajr Capital Llc
Bought by
Harris Family Trust and Harris
Seller's Agent
Perry Laufenberg
SVN/Desert Commercial Advisors
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$589,999
Sold Price
$584,999
Premium/Discount to List
-$5,000
-0.85%
Views
16
Current Estimated Value
$592,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,001
Avg. Annual Appreciation
1.18%
Original Mortgage
$467,999
Outstanding Balance
$463,535
Interest Rate
6.86%
Mortgage Type
Credit Line Revolving
Estimated Equity
$128,465

Purchase Details

Closed on
May 17, 2024
Sold by
Angulo Antina
Bought by
Garcia Fabiola and Garcia Christian

Purchase Details

Listed on
Apr 28, 2023
Closed on
Jul 26, 2023
Sold by
Mtb Invest Llc
Bought by
Ajr Capital Llc
Seller's Agent
Brooke Johnson
Better Choice Homes, LLC
Buyer's Agent
Andrew Arambula
ABI Multifamily
List Price
$499,000
Sold Price
$499,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
Original Mortgage
$561,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 28, 2023
Closed on
Jun 5, 2023
Sold by
Tela Properties Llc
Bought by
Mtb Invest Llc
Seller's Agent
Brooke Johnson
Better Choice Homes, LLC
Buyer's Agent
Andrew Arambula
ABI Multifamily
List Price
$499,000
Sold Price
$499,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$561,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2013
Sold by
Alston A Lanoy and Alston Virginia
Bought by
Tela Properties Llc

Purchase Details

Closed on
Mar 3, 2010
Sold by
Ez Homes Inc
Bought by
Alston A Lanoy

Purchase Details

Closed on
Feb 11, 2010
Sold by
Rios Patricia
Bought by
Ez Homes Inc

Purchase Details

Closed on
Sep 10, 2003
Sold by
Hernandez Louis Villalabos
Bought by
Rios Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2002
Sold by
Simon Jay R and Simon Carole J
Bought by
Hernandez Louis Villalobos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.13%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 15, 2001
Sold by
Gard James Dalton
Bought by
Simon Jay R and Simon Carole J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,500
Interest Rate
7.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 1999
Sold by
Ferring Russell T
Bought by
Gard James Dalton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,500
Interest Rate
6.79%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Harris Family Trust $584,999 Chicago Title Agency
Garcia Fabiola -- None Listed On Document
Ajr Capital Llc $660,000 Driggs Title Agency
Mtb Invest Llc $499,000 Driggs Title Agency
Tela Properties Llc -- None Available
Tela Properties Llc -- None Available
Alston A Lanoy -- None Available
Ez Homes Inc $38,200 None Available
Rios Patricia $150,000 Security Title Agency
Hernandez Louis Villalobos $115,000 Security Title Agency
Simon Jay R -- First Financial Title Agency
Gard James Dalton $65,000 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Family Trust $467,999
Previous Owner Ajr Capital Llc $561,000
Previous Owner Mtb Invest Llc $450,091
Previous Owner Rios Patricia $108,000
Previous Owner Hernandez Louis Villalobos $105,000
Previous Owner Simon Jay R $68,500
Previous Owner Gard James Dalton $57,500
Closed Rios Patricia $13,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2024 08/02/24 Sold $584,999 0.0% --
07/05/2024 07/05/24 Pending -- -- --
05/29/2024 05/29/24 Price Changed $584,999 -0.8% --
05/13/2024 05/13/24 For Sale $589,999 +18.2% --
06/05/2023 06/05/23 Sold $499,000 0.0% --
05/23/2023 05/23/23 Pending -- -- --
05/08/2023 05/08/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $499,000 0.0% --
04/30/2023 04/30/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $499,000 -- --
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 $1,144 $8,552 -- --
2024 $1,133 $8,145 -- --
2023 $1,133 $33,460 $6,690 $26,770
2022 $1,092 $23,600 $4,720 $18,880
2021 $1,084 $20,570 $4,110 $16,460
2020 $1,097 $19,620 $3,920 $15,700
2019 $1,095 $14,110 $2,820 $11,290
2018 $1,076 $10,210 $2,040 $8,170
2017 $1,051 $10,050 $2,010 $8,040
2016 $1,021 $8,320 $1,660 $6,660
2015 $945 $7,670 $1,530 $6,140
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6704889

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-18-121B