1505 W Mckinley St Phoenix, AZ 85007
Central City Neighborhood
--
Bed
--
Bath
2,336
Sq Ft
6,360
Sq Ft Lot
Highlights
- Cooling Available
- Phoenix Coding Academy Rated A
- Heating Available
About This Home
As of April 2023Prime location on this triplex. Single level, plentiful parking. All units are occupied with month to month tenants at well below market rents. This area is developing nicely with many new renovations and new construction.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,033
Year Built
- Built in 1984
Home Design
- Wood Frame Construction
- Composition Roof
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Over 1 Space Per Unit
Utilities
- Cooling Available
- Heating Available
- Master Water Meter
Listing and Financial Details
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 23
- Assessor Parcel Number 111-25-187
Community Details
Overview
- 3 Units
- Building Dimensions are 6350
- West Lawn Subdivision
Building Details
- Operating Expense $1,033
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 30, 2023
Closed on
Apr 17, 2023
Sold by
Mtb Invest Llc
Bought by
Jones Justin A
Seller's Agent
Andrew Arambula
ABI Multifamily
Buyer's Agent
Vikki Gorman
Realty Executives
List Price
$775,000
Sold Price
$705,000
Premium/Discount to List
-$70,000
-9.03%
Total Days on Market
0
Views
578
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,232
Avg. Annual Appreciation
-0.36%
Original Mortgage
$528,750
Outstanding Balance
$516,869
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$182,899
Purchase Details
Listed on
Sep 13, 2022
Closed on
Sep 30, 2022
Sold by
K Sauer/L Golberg Llc
Bought by
Mtb Invest Llc
Seller's Agent
Joe Kertesz
West USA Realty
Buyer's Agent
Andrew Arambula
ABI Multifamily
List Price
$390,000
Sold Price
$390,000
Views
1
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
193.43%
Original Mortgage
$30,000
Interest Rate
6.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 16, 1997
Sold by
Jkl Enterprises Inc Llc
Bought by
Sauer Kelly R and Golberg Lori L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
7.49%
Purchase Details
Closed on
Nov 7, 1996
Sold by
Avco Financial Services Of Maricopa Inc
Bought by
Jkl Enterprises Inc Llc
Purchase Details
Closed on
Jul 17, 1996
Sold by
Nogales Frank S and Nogales Marilyn F
Bought by
Avco Financial Services
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $705,000 | Driggs Title Agency | |
| Warranty Deed | $390,000 | Driggs Title Agency | |
| Joint Tenancy Deed | -- | Security Title Agency | |
| Cash Sale Deed | $27,500 | Nations Title Insurance | |
| Trustee Deed | -- | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $528,750 | New Conventional | |
| Previous Owner | $610,000 | Construction | |
| Previous Owner | $30,000 | New Conventional | |
| Previous Owner | $390,000 | New Conventional | |
| Previous Owner | $38,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/18/2023 04/18/23 | Sold | $705,000 | -5.3% | $302 / Sq Ft |
| 03/06/2023 03/06/23 | Price Changed | $744,500 | -0.1% | $319 / Sq Ft |
| 02/27/2023 02/27/23 | Price Changed | $745,000 | -0.7% | $319 / Sq Ft |
| 02/20/2023 02/20/23 | Price Changed | $750,000 | -3.2% | $321 / Sq Ft |
| 02/08/2023 02/08/23 | Price Changed | $774,900 | 0.0% | $332 / Sq Ft |
| 01/30/2023 01/30/23 | For Sale | $775,000 | +98.7% | $332 / Sq Ft |
| 09/30/2022 09/30/22 | Sold | $390,000 | 0.0% | $167 / Sq Ft |
| 09/13/2022 09/13/22 | Pending | -- | -- | -- |
| 09/13/2022 09/13/22 | For Sale | $390,000 | -- | $167 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $1,081 | $8,086 | -- | -- |
| 2024 | $1,071 | $7,701 | -- | -- |
| 2023 | $1,071 | $42,200 | $8,440 | $33,760 |
| 2022 | $1,033 | $29,530 | $5,900 | $23,630 |
| 2021 | $1,025 | $24,860 | $4,970 | $19,890 |
| 2020 | $1,037 | $24,230 | $4,840 | $19,390 |
| 2019 | $1,035 | $20,820 | $4,160 | $16,660 |
| 2018 | $1,017 | $14,360 | $2,870 | $11,490 |
| 2017 | $994 | $14,850 | $2,970 | $11,880 |
| 2016 | $965 | $13,580 | $2,710 | $10,870 |
| 2015 | $893 | $8,810 | $1,760 | $7,050 |
Source: Public Records
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6463347
APN: 111-25-187
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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