NOT LISTED FOR SALE

Estimated Value: $233,000 - $328,383

2 Beds
2 Baths
525 Sq Ft
$543/Sq Ft Est. Value

Last Sold January 12, 2018

Last sale price $130,000 $248 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $1,545/month

22 Days on Market

Highlights

  • No HOA
  • Evaporated cooling system
  • 1-Story Property
  • Phoenix Coding Academy Rated A
  • Heating Available
  • 1-minute walk to Central Park

About This Home

As of January 2018

Here's an AMAZING investment opportunity in the heart of downtown Phoenix! 2 UNITS on 7400+ sf lot! First unit has 1 Bedroom/ 1 Bath. Second unit has 1 Bedroom plus an additional room for sleeping. GREAT INCOME POTENTIAL HERE! Both units need some repair. Property being sold as is. Do not miss out, this listing will go fast!

Last Agent to Sell the Property

Carlos Ward

HomeSmart License #SA650725000 Listed on: 11/11/2017

Last Buyer's Agent

Carlos Ward

HomeSmart License #SA650725000 Listed on: 11/11/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $369

Year Built

  • Built in 1946

Lot Details

  • 7,415 Sq Ft Lot
  • Chain Link Fence

Parking

  • 3 Open Parking Spaces

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 525 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Schools

  • Lowell Elementary School
  • Lowell Elementary School - Phoenix Middle School
  • Central High School

Utilities

  • Refrigerated Cooling System
  • Evaporated cooling system
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Central Park Place Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / 7
  • Assessor Parcel Number 112-25-085

Home Details

Home Type

Single Family

Est. Annual Taxes

$369

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Cross Street: Central Ave & Buckeye
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1946
  • Tax Year: 2016
  • Directions: 1 block north of E Buckeye Rd, just east of Central Ave
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.17
  • Subdivision Name: CENTRAL PARK PLACE
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 525.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Chain Link
  • Lot Features: Dirt Front, Dirt Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 3.0

Utilities

  • Cooling: Refrigeration, Evaporative Cooling
  • Heating: Electric
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Lowell Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Lowell Elementary School - Phoenix

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7415.0
  • Parcel #: 112-25-085
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UNK

Tax Info

  • Tax Annual Amount: 369.0
  • Tax Block: 7
  • Tax Book Number: 112.00
  • Tax Lot: 2
  • Tax Map Number: 25.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2017
Closed on
Jan 3, 2018
Sold by
Lujan Claudia and Medina Enrique
Bought by
Medina Enriquie
Seller's Agent
Carlos Ward
HomeSmart
Buyer's Agent
Carlos Ward
HomeSmart
List Price
$130,000
Sold Price
$130,000
Current Estimated Value
$284,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,846
Avg. Annual Appreciation
10.64%
Original Mortgage
$123,500
Outstanding Balance
$104,113
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$180,733

Purchase Details

Listed on
Nov 11, 2017
Closed on
Jan 2, 2018
Sold by
Campos Ignacia
Bought by
Medina Enrique
Seller's Agent
Carlos Ward
HomeSmart
Buyer's Agent
Carlos Ward
HomeSmart
List Price
$130,000
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Outstanding Balance
$104,113
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$180,733

Purchase Details

Closed on
Dec 14, 2004
Sold by
Chacon Robert
Bought by
Campos Ignacia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,600
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2003
Sold by
Cordoba Emma J
Bought by
Clemenson Leticia and Benitez Emma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2003
Sold by
Benitez Armando
Bought by
Benitez Emma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2003
Sold by
Clemenson Leticia and Benitez Emma
Bought by
Chacon Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2003
Sold by
Chacon Barbara
Bought by
Chacon Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 2001
Sold by
Cordova Sergio
Bought by
Clemenson Leticia and Benitez Emma

Purchase Details

Closed on
Nov 16, 1999
Sold by
Cordoba Emma
Bought by
Cordoba Sergio F
Source: Public Records

Range of Values:

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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
Medina Enriquie -- Thomas Title And Escrow Agen
Medina Enrique $130,000 Thomas Title & Escrow
Campos Ignacia $107,000 Camelback Title Agency Llc
Clemenson Leticia -- Century Title Agency Inc
Benitez Emma -- Century Title Agency Inc
Chacon Robert $50,000 Century Title Agency Inc
Chacon Robert -- Century Title Agency Inc
Clemenson Leticia -- Century Title Agency Inc
Clemenson Leticia -- --
Cordoba Sergio F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medina Enrique $123,500
Previous Owner Campos Ignacia $85,600
Previous Owner Clemenson Leticia $65,000
Previous Owner Benitez Emma $65,000
Previous Owner Chacon Robert $65,000
Previous Owner Clemenson Leticia $65,000
Closed Campos Ignacia $21,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2018 01/12/18 Sold $130,000 0.0% $248 / Sq Ft
12/03/2017 12/03/17 Pending -- -- --
11/11/2017 11/11/17 For Sale $130,000 -- $248 / 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 $414 $3,493 -- --
2024 $410 $3,327 -- --
2023 $410 $20,480 $4,090 $16,390
2022 $395 $13,350 $2,670 $10,680
2021 $395 $12,130 $2,420 $9,710
2020 $401 $10,720 $2,140 $8,580
2019 $401 $6,850 $1,370 $5,480
2018 $394 $6,170 $1,230 $4,940
2017 $379 $4,550 $910 $3,640
2016 $369 $4,120 $820 $3,300
2015 $336 $3,330 $660 $2,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5686777

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-25-085