NOT LISTED FOR SALE

Estimated Value: $395,000 - $434,000

-- Bed
1 Bath
1,250 Sq Ft
$336/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $380,000 $304 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,420/month

6 Days on Market

Highlights

  • Evaporated cooling system
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of August 2022

Bring your offer! Units are currently vacant.
Main unit to front has 3 bedrooms and 1 bath. One unit to rear has 2 bedrooms and 1 bathroom. One unit to rear has 1 bedroom and 1 bathroom. Per owner front 3 bedroom unit rented for $1,600 per month. 2 bedroom unit rented for $1,200 per month. 1 bedroom unit rented for $1,100 per month. Buyer to verify size of units.

Last Listed By

Len Nevin

Real Broker License #BR649510000 Listed on: 07/22/2022

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $922

Year Built

  • Built in 1924

Lot Details

  • 6,360

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Utilities

  • Evaporated cooling system
  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for electricity, trash collection, water, sewer, landscaping
  • Legal Lot and Block 6 / C
  • Assessor Parcel Number 111-26-099

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Building Dimensions are 6375
  • West Lawn Annex Subdivision

Building Details

  • Operating Expense $11,122
  • Gross Income $44,460
  • Net Operating Income $33,338

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$922

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Cross Street: 15th Ave & Van Buren
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1924
  • Tax Year: 2021
  • Directions: Head north on N 15th Ave toward W Polk St 0.2 mi Turn left onto W Taylor St
  • Road Surface Type: Gravel, Dirt, Asphalt
  • Co List Office Mls Id: xpre01
  • Co List Office Phone: 888-897-7821
  • Subdivision Name: WEST LAWN ANNEX
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Other
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No

Utilities

  • Electric: APS
  • Cooling: Central Air, Evaporative Cooling
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes

Fee Information

  • Annual Fuel Expense: 1000.0
  • Trash Expense: 500.0
  • Annual Water Sewer Expense: 2400.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 6375
  • Additional Parcels: No
  • Parcel #: 111-26-099

Multi Family

  • Owner Pays: Other, See Remarks, Electricity, Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 3
  • Electric Expense: 3000.0
  • Annual Gross Income: 44460.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 33338.0
  • Annual Operating Expense: 11122.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 922.0
  • Tax Block: C
  • Tax Book Number: 111.00
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2024
Sold by
Yohre Holdings Llc
Bought by
1522 Llc
Total Days on Market
6
Current Estimated Value
$419,775

Purchase Details

Listed on
Jul 22, 2022
Closed on
Aug 16, 2022
Sold by
Jay Johnson Herbert
Bought by
Yohre Holdings Llc
Seller's Agent
Len Nevin
Real Broker
Buyer's Agent
Sean Blumhoff
Platinum First Realty
List Price
$340,000
Sold Price
$380,000
Premium/Discount to List
$40,000
11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.69%
Original Mortgage
$323,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2021
Sold by
Johnson Carlie and Johnson Herbert Jay
Bought by
Johnson Herbert Jay

Purchase Details

Closed on
Apr 20, 2020
Sold by
Gittins Michael John
Bought by
Johnson Herbert Jay and Johnson Carlie

Purchase Details

Closed on
Jul 10, 2018
Sold by
Gittins Michael J and Gittins Michael John
Bought by
Gittins Michael John

Purchase Details

Listed on
Jul 27, 2017
Closed on
Aug 15, 2017
Sold by
Halpine Patrick R
Bought by
Gittins Michael J
Seller's Agent
Patrick Halpine
My Home Group Real Estate
Buyer's Agent
David Elton
Arizona Best Real Estate
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.31%
Original Mortgage
$55,000
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 30, 2014
Closed on
Feb 4, 2015
Sold by
Mcneil Real Estate Group Llc
Bought by
Halpine Patrick R
Seller's Agent
Sophia Baron
Grace CRE
Buyer's Agent
Patrick Halpine
My Home Group Real Estate
List Price
$94,900
Sold Price
$100,000
Premium/Discount to List
$5,100
5.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.84%
Original Mortgage
$75,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2009
Sold by
Mcneil Martha
Bought by
Mcneil Real Estate Group Llc

Purchase Details

Closed on
Sep 16, 2009
Sold by
Mcneil Rex
Bought by
Mcneil Martha

Purchase Details

Closed on
Sep 11, 2009
Sold by
Aurora Loan Services Llc
Bought by
Mcneil Martha

Purchase Details

Closed on
Jun 10, 2009
Sold by
Perkins Darwin
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Feb 1, 2006
Sold by
Perkins Darwin
Bought by
Cherwin Holdings Llc and The 1522 W Taylor St Trust

Purchase Details

Closed on
Aug 8, 2005
Sold by
Silva Constantino Zenil
Bought by
Perkins Darwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2005
Sold by
Perkins Cheryl
Bought by
Perkins Darwin

Purchase Details

Closed on
Mar 25, 2004
Sold by
Zenil Constantino
Bought by
Silva Constantion Zenil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
7.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2000
Sold by
Bowdish Bret L and Bowdish Brenda
Bought by
Zenil Constantino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,900
Interest Rate
8.24%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 10, 1999
Sold by
Martinez Jose Hugo
Bought by
Bowdish Bret L

Purchase Details

Closed on
Jun 2, 1997
Sold by
Bowdish Bret L
Bought by
Martinez Jose Hugo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,900
Interest Rate
7.94%
Mortgage Type
Seller Take Back

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
1522 Llc -- None Listed On Document
Yohre Holdings Llc $380,000 New Title Company Name
Johnson Herbert Jay -- Accommodation
Johnson Herbert Jay -- Accommodation
Gittins Michael John -- None Available
Gittins Michael J $130,000 Lawyers Title Of Arizona Inc
Halpine Patrick R $100,000 First Arizona Title Agency
Mcneil Real Estate Group Llc -- None Available
Mcneil Martha -- Guaranty Title Agency
Mcneil Martha $32,000 Guaranty Title Agency
Aurora Loan Services Llc $133,051 None Available
Cherwin Holdings Llc -- None Available
Perkins Darwin $154,639 Capital Title Agency Inc
Perkins Darwin -- Capital Title Agency Inc
Silva Constantion Zenil $120,000 Transnation Title
Zenil Constantino $74,900 North American Title Agency
Bowdish Bret L $29,000 --
Martinez Jose Hugo $39,900 Ati Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yohre Holdings Llc $490,000
Previous Owner Yohre Holdings Llc $323,000
Previous Owner Johnson Herbert Jay $107,000
Previous Owner Gittins Michael J $55,000
Previous Owner Halpine Patrick R $75,000
Previous Owner Perkins Darwin $124,800
Previous Owner Silva Constantion Zenil $114,000
Previous Owner Zenil Constantino $58,900
Previous Owner Martinez Jose Hugo $32,900
Closed Martinez Jose Hugo $3,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $380,000 +11.8% $304 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
07/19/2022 07/19/22 For Sale $340,000 +161.5% $272 / Sq Ft
08/16/2017 08/16/17 Sold $130,000 -3.7% $104 / Sq Ft
07/27/2017 07/27/17 For Sale $135,000 +35.0% $108 / Sq Ft
01/30/2015 01/30/15 Sold $100,000 +5.4% $80 / Sq Ft
01/04/2015 01/04/15 Pending -- -- --
12/30/2014 12/30/14 For Sale $94,900 -- $76 / 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 $973 $7,273 -- --
2024 $963 $6,927 -- --
2023 $963 $32,480 $6,490 $25,990
2022 $929 $25,730 $5,140 $20,590
2021 $922 $22,620 $4,520 $18,100
2020 $933 $18,910 $3,780 $15,130
2019 $931 $13,970 $2,790 $11,180
2018 $915 $11,680 $2,330 $9,350
2017 $894 $9,020 $1,800 $7,220
2016 $868 $7,770 $1,550 $6,220
2015 $803 $7,120 $1,420 $5,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6436642

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-26-099