$375,000
SOLD DEC 20, 2024
-- Bed
-- Bath
858 Sq Ft
6,447 Sq Ft Lot

Recently Sold

$437 Per Sq Ft

10% Below List Price

66 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • 3-minute walk to Ninos Mini Park
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of December 2024

Great Duplex opportunity for first time home buyers or investors . Live in one of the units and rent the other one. Front unit has 3 bedrooms 2 bathrooms and second unit has 2 bedrooms 2 bathrooms. Each Unit has individual kitchen and living area. 2 parking space for each unit.
new roof and HVAC system was placed in 2022.
Near downtown , freeways , schools and Restaurants.

Last Agent to Sell the Property

Analleli Galindo Castillo

HomeSmart License #SA690496000 Listed on: 09/09/2024

HomeSmart

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $490

Year Built

  • Built in 1947

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, sewer, landscaping
  • Tax Lot 6
  • Assessor Parcel Number 112-14-062

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 6,425
  • Steve Rayburn Subdivision

Building Details

  • Operating Expense $490
  • Gross Income $16,200
  • Net Operating Income $28,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$490

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Cross Street: 15th Ave and Buckeye
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1947
  • Tax Year: 2023
  • Road Surface Type: Gravel, Concrete
  • Subdivision Name: Steve Rayburn Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Add'l Parking Avail, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 6,425
  • Additional Parcels: No
  • Parcel #: 112-14-062

Multi Family

  • Owner Pays: Water, Sewer, Landscaping
  • Tenant Pays: Electricity
  • Number Of Units Total: 2
  • Annual Gross Income: 16200.0
  • Property Net Operating Income: 28400.0
  • Annual Operating Expense: 490.48
  • Vacancy Allowance Rate: 0.5

Tax Info

  • Tax Annual Amount: 490.48
  • Tax Book Number: 112.00
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2021
Closed on
Aug 3, 2021
Sold by
Lopez Ramiro Soto
Bought by
Galindo Marissa
Seller's Agent
John Aguero
American Freedom Realty
Buyer's Agent
Analleli Galindo Castillo
HomeSmart
List Price
$249,500
Sold Price
$260,000
Premium/Discount to List
$10,500
4.21%
Current Estimated Value
$367,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,779
Avg. Annual Appreciation
9.00%
Original Mortgage
$195,000
Outstanding Balance
$179,083
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$188,520

Purchase Details

Listed on
Apr 23, 2015
Closed on
Aug 25, 2016
Sold by
Stone Loy Properties Llc
Bought by
Lopez Ramiro Soto
Seller's Agent
Tyler Stone
Infinity Wealth Real Estate
Buyer's Agent
Rachel Loftus
West USA Realty
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.13%
Original Mortgage
$117,826
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
May 2, 2015
Sold by
Loy John T
Bought by
Stone Loy Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
3.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 10, 2009
Sold by
Loy Jennifer
Bought by
Loy John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,750
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2008
Sold by
Stone Tyler
Bought by
Stone Adelee Anne

Purchase Details

Closed on
May 1, 2007
Sold by
Stone Adelee
Bought by
Stone Tyler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2007
Sold by
Kodrantes Arizona Llc
Bought by
Stone Tyler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2007
Sold by
Radellant Hope Christine
Bought by
Kodrantes Arizona Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2006
Sold by
Bess Robert E
Bought by
Radellant Hope Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,140
Interest Rate
6.69%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 4, 2006
Sold by
Gomez Roberto
Bought by
Bess Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,750
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2004
Sold by
Jefferson Robert L and Jefferson Pensacola
Bought by
Gomez Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
7.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2003
Sold by
Williams Alice and Smith Sabrina D
Bought by
Jefferson Robert L and Jefferson Pensacola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
5.71%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 8, 2003
Sold by
Williams Alice
Bought by
Jefferson Robert L and Jefferson Pensacola
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $260,000 Driggs Title Agency Inc
Warranty Deed $120,000 Great Amer Title Agency Inc
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Old Republic Title Agency
Warranty Deed $123,000 Old Republic Title Agency
Interfamily Deed Transfer -- Capital Title Agency Inc
Interfamily Deed Transfer -- Lawyers Title Of Arizona Inc
Special Warranty Deed $165,000 Lawyers Title Of Arizona Inc
Trustee Deed $151,001 Security Title Agency
Trustee Deed $151,001 None Available
Warranty Deed $217,500 Camelback Title Agency Llc
Warranty Deed $135,000 Omega Title Agency Llc
Warranty Deed $52,500 Chicago Title Insurance Co
Warranty Deed $26,000 Transnation Title Insurance
Quit Claim Deed -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $195,000 New Conventional
Previous Owner $117,826 FHA
Previous Owner $15,000 Unknown
Previous Owner $15,000 Purchase Money Mortgage
Previous Owner $90,750 New Conventional
Previous Owner $129,679 Unknown
Previous Owner $148,500 Purchase Money Mortgage
Previous Owner $43,140 Unknown
Previous Owner $172,560 Purchase Money Mortgage
Previous Owner $114,750 New Conventional
Previous Owner $42,000 New Conventional
Previous Owner $26,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $375,000 -6.3% $437 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
10/04/2024 10/04/24 Price Changed $400,000 -3.6% $466 / Sq Ft
09/09/2024 09/09/24 For Sale $415,000 +59.6% $484 / Sq Ft
07/30/2021 07/30/21 Sold $260,000 +4.2% $303 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $249,500 +107.9% $291 / Sq Ft
09/08/2016 09/08/16 Sold $120,000 0.0% $140 / Sq Ft
05/30/2016 05/30/16 Pending -- -- --
04/20/2015 04/20/15 For Sale $120,000 -- $140 / 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 $495 $4,177 -- --
2024 $490 $3,978 -- --
2023 $490 $21,370 $4,270 $17,100
2022 $472 $11,920 $2,380 $9,540
2021 $472 $12,610 $2,520 $10,090
2020 $479 $11,170 $2,230 $8,940
2019 $479 $8,120 $1,620 $6,500
2018 $471 $8,500 $1,700 $6,800
2017 $454 $6,270 $1,250 $5,020
2016 $499 $5,720 $1,140 $4,580
2015 $462 $4,370 $870 $3,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6754393

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-14-062