NOT LISTED FOR SALE

Estimated Value: $428,000 - $551,000

2 Beds
-- Bath
1,497 Sq Ft
$316/Sq Ft Est. Value

Sale Details

Date Sold: September 20, 2021

Last sale price $300,000 $200 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,593 / mo

113 Days on Market

Highlights

  • Brick Veneer
  • Cooling Available
  • Fenced
  • Phoenix Coding Academy Rated A
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas

About This Home

As of September 2021

Great chance to own a duplex in central Phoenix. One bedroom, one bathroom for each unit. Both units are currently rented month to month.

Last Agent to Sell the Property

Brooke Castaneda

HomeSmart License #SA554964000 Listed on: 05/20/2021

HomeSmart

Co-Listed By

Monica Crowell

HomeSmart License #SA555227000

Last Buyer's Agent

Janet Smith

CPA Advantage Realty, LLC License #SA654689000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $904

Year Built

  • Built in 1946

Home Design

  • Brick Veneer
  • Tile Roof

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Garfield Elementary School
  • North High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Separate Meters
  • Individual Gas Meter
  • Cable TV Available

Additional Features

  • Ceramic Tile Flooring
  • Fenced

Listing and Financial Details

  • Tenant pays for water, sewer, electricity, gas, trash collection, cable TV
  • Tax Lot 18
  • Assessor Parcel Number 116-56-092

Community Details

Overview

  • 2 Units
  • Building Dimensions are 6290
  • La Tourrette Place Subdivision

Building Details

  • Operating Expense $1,429
  • Gross Income $15,600
  • Net Operating Income $14,171

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$904

Year Built

Built in 1946

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 16TH ST & MCDOWELL
  • Property Type: Multiple Dwellings
  • Zoning: RES
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1946
  • Tax Year: 2020
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: cril19
  • Co List Office Phone: 602-761-4650
  • Subdivision Name: La Tourrette Place
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator

Exterior Features

  • Exterior Features: Sidewalk(s)
  • Disclosures: None
  • Construction Type: Brick, Painted, Brick Veneer
  • Roof: Tile

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Electric, Varies by Unit
  • Heating: Natural Gas, Varies by Unit
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Elementary School: Garfield School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 6290
  • Additional Parcels: No
  • Parcel #: 116-56-092

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Sewer, Electricity, Gas, Trash Collection, Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 15600.0
  • Insurance Expense: 525.0
  • Property Net Operating Income: 14171.0
  • Annual Operating Expense: 1429.0

Tax Info

  • Tax Annual Amount: 904.0
  • Tax Book Number: 116.0
  • Tax Lot: 18

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2022
Sold by
Bought by
Current Estimated Value
$472,951

Purchase Details

Closed on
Mar 22, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,578
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 20, 2021
Closed on
Sep 20, 2021
Sold by
Bought by
Seller's Agent
Brooke Castaneda
HomeSmart
Buyer's Agent
Janet Smith
CPA Advantage Realty, LLC
List Price
$324,999
Sold Price
$300,000
Premium/Discount to List
-$24,999
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.15%

Purchase Details

Listed on
Aug 16, 2012
Closed on
Oct 29, 2012
Sold by
Bought by
Buyer's Agent
Brooke Castaneda
HomeSmart
List Price
$64,000
Sold Price
$54,900
Premium/Discount to List
-$9,100
-14.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.02%

Purchase Details

Closed on
Jun 22, 2009
Sold by
Bought by

Purchase Details

Closed on
Sep 10, 2008
Sold by
Bought by

Purchase Details

Closed on
Jun 9, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,900
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2005
Sold by
Bought by

Purchase Details

Closed on
May 10, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,400
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,400
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 1996
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,100
Interest Rate
7.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 1995
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
-- Magnus Title
-- Magnus Title
$300,000 Magnus Title Agency Llc
$54,900 American Title Services Agen
$35,000 First American Title Ins Co
$135,000 Great American Title Agency
$149,900 Security Title Agency Inc
-- --
-- --
-- --
$90,000 --
$72,000 Century Title Agency Inc
$43,000 Fidelity Title
$12,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $239,578
Previous Owner $119,900
Previous Owner $12,825
Previous Owner $68,400
Previous Owner $66,000
Previous Owner $30,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2021 09/20/21 Sold $300,000 +0.4% $200 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
09/08/2021 09/08/21 Price Changed $298,900 -3.3% $200 / Sq Ft
08/12/2021 08/12/21 Price Changed $309,000 -4.9% $206 / Sq Ft
07/26/2021 07/26/21 For Sale $324,999 0.0% $217 / Sq Ft
07/26/2021 07/26/21 Price Changed $324,999 +8.3% $217 / Sq Ft
07/19/2021 07/19/21 Off Market $300,000 -- --
07/17/2021 07/17/21 For Sale $339,000 0.0% $226 / Sq Ft
06/01/2021 06/01/21 Price Changed $339,000 -3.1% $226 / Sq Ft
05/20/2021 05/20/21 For Sale $349,900 +537.3% $234 / Sq Ft
10/30/2012 10/30/12 Sold $54,900 -14.2% $37 / Sq Ft View Prior Sale
10/17/2012 10/17/12 Pending -- -- --
08/16/2012 08/16/12 For Sale $64,000 -- $43 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $999 $7,444 -- --
2024 $930 $7,090 -- --
2023 $930 $30,460 $6,090 $24,370
2022 $896 $21,430 $4,280 $17,150
2021 $893 $18,600 $3,720 $14,880
2020 $904 $17,070 $3,410 $13,660
2019 $903 $12,280 $2,450 $9,830
2018 $888 $11,060 $2,210 $8,850
2017 $862 $10,600 $2,120 $8,480
2016 $837 $7,920 $1,580 $6,340
2015 $769 $6,580 $1,310 $5,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6238712

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-56-092

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