NOT LISTED FOR SALE

1508 W Taylor St Phoenix, AZ 85007

Governmental Mall Neighborhood

Estimated Value: $329,000 - $580,000

-- Bed
3 Baths
942 Sq Ft
$434/Sq Ft Est. Value

Last Sold February 05, 2013

Last sale price $46,000 $49 Per Sq Ft

Est. 790% increase in value since last sale

Current estimated payment $2,333/month

34 Days on Market

Highlights

  • Evaporated cooling system
  • Phoenix Coding Academy Rated A
  • Window Unit Heating System

About This Home

As of February 2013

LOCATED JUST OUTSIDE DOWNTOWN PHOENIX, SINGLE FAMILY HOME AND DUPLEX. CURRENTLY 2 UNITS ARE OCCUPIED, 1 NEEDS REHAB. GREAT RENTAL, ALWAYS OCCUPIED. NEEDS A LITTLE TLC FOR A SOLID INVESTMENT. PROFESSIONALLY MANAGED.

Last Listed By

John Filipian

DeLex Realty License #SA576926000 Listed on: 12/12/2012

DeLex Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $445

Year Built

  • Built in 1906

Lot Details

  • 7,013

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Stucco

Parking

  • 7 Open Parking Spaces
  • 7 Parking Spaces

Schools

  • Magnet Traditional Middle School
  • Central High School

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Window Unit Heating System

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 2
  • Assessor Parcel Number 111-26-095

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 127 X 50
  • West Lawn Annex Subdivision

Building Details

  • Operating Expense $4,645
  • Gross Income $14,400
  • Net Operating Income $12,012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$445

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Cross Street: VAN BUREN & 15TH AVENUE
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R
  • Number Of Buildings: 2
  • Year Built: 1906
  • Tax Year: 2012
  • Directions: North of Van Buren to Taylor West
  • Road Surface Type: Asphalt
  • Subdivision Name: WEST LAWN ANNEX
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Brick
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 7.0
  • Total Parking Spaces: 7.0
  • General Property Description:Uncvrd Parking Spcs: 7.0
  • General Property Description:Total Parking Spcs: 7.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Evaporative Cooling, Wall/Window Unit(s)
  • Heating: Window/Wall Unit(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:WindowWall Unit(s): Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2000.0

Schools

  • High School: Central High School
  • Middle Or Junior School: Magnet Traditional School

Lot Info

  • Lot Size: 127 X 50
  • Additional Parcels: No
  • Parcel #: 111-26-095

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 3
  • Electric Expense: 500.0
  • Annual Gross Income: 14400.0
  • Insurance Expense: 600.0
  • Maintenance Expense: 500.0
  • Property Net Operating Income: 12012.0
  • Annual Operating Expense: 4645.0

Tax Info

  • Tax Annual Amount: 445.0
  • Tax Book Number: 111.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2012
Closed on
Jan 29, 2013
Sold by
Hartounian Vahik
Bought by
Flynn Mary Jane F
Seller's Agent
John Filipian
DeLex Realty
Buyer's Agent
Kate Sivolella
DPR Realty LLC
List Price
$54,900
Sold Price
$46,000
Premium/Discount to List
-$8,900
-16.21%
Total Days on Market
34
Current Estimated Value
$409,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,184
Avg. Annual Appreciation
18.14%

Purchase Details

Closed on
May 13, 2011
Sold by
Orozco Sotero
Bought by
Ez Homes Inc

Purchase Details

Closed on
May 9, 2011
Sold by
Ez Homes Inc
Bought by
Hartounian Vahik

Purchase Details

Closed on
Dec 19, 2005
Sold by
Orozco Sotero
Bought by
Iglesia Del Dios Viro La Luz Del Mundo

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
Flynn Mary Jane F $44,000 First Arizona Title Agency
Ez Homes Inc $23,800 None Available
Hartounian Vahik -- None Available
Iglesia Del Dios Viro La Luz Del Mundo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flynn Maryjane F $90,000
Previous Owner Orozco Sotero $94,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2013 02/05/13 Sold $46,000 -16.2% $49 / Sq Ft
01/14/2013 01/14/13 Pending -- -- --
12/11/2012 12/11/12 For Sale $54,900 -- $58 / 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 $642 $4,802 -- --
2024 $636 $4,573 -- --
2023 $636 $22,260 $4,450 $17,810
2022 $613 $15,510 $3,100 $12,410
2021 $609 $14,730 $2,940 $11,790
2020 $616 $11,820 $2,360 $9,460
2019 $615 $10,360 $2,070 $8,290
2018 $604 $9,160 $1,830 $7,330
2017 $590 $7,410 $1,480 $5,930
2016 $573 $5,830 $1,160 $4,670
2015 $530 $4,880 $970 $3,910
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    John Filipian

    DeLex Realty

    (602) 466-4012

    Section Image

  • K

    Buyer's Agent in 2013

    Kate Sivolella

    DPR Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4861838

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-26-095

Arizona Maricopa County Phoenix 85007 Governmental Mall

1508 W Taylor St, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 1508 W Taylor St, Phoenix, AZ 85007 since 12 December 2012 and is currently estimated at $409,184, approximately $434 per square foot. This property was built in 1906. 1508 W Taylor St is a home located in Maricopa County with nearby schools including Capitol Elementary School, Phoenix Coding Academy, and Central High School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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