1527 N Center St Flagstaff, AZ 86004
Sunnyside Neighborhood
--
Bed
--
Bath
1,867
Sq Ft
6,795
Sq Ft Lot
About This Home
As of February 2025Multi-family property with long-term renters and two separate homes on one lot! What an opportunity to get a low-priced investment property with excellent cash-flow potential - or live in one and rent out the other to help with the mortgage. Both homes have 2 bed/1 bath and the front house has an additional converted garage space that serves as a third bedroom. Currently a combined rent of 3,000 dollars/month. Homes have separate fenced yards and the corner lot provides separate access for each home. Front house has good curb appeal, covered porch, wood floors, and vaulted ceilings, along with a newer roof and furnace. Both units feature newer windows throughout. Back unit was built in 1980. Convenient access to Rt. 66, downtown, and 4th Street shopping. Make an appointment today!
Last Agent to Sell the Property
Russ Lyon Sothebys Intl Realty License #SA564241000 Listed on: 01/14/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,800
Year Built
- Built in 1943
Home Design
- Wood Frame Construction
- Asphalt Shingled Roof
- Masonry
Interior Spaces
- 1,867 Sq Ft Home
- Wood Flooring
Utilities
- Central Heating
- Heating System Uses Natural Gas
- Wall Furnace
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 10706099a
Community Details
Overview
- Association fees include water, trash collection
- 2 Units
Building Details
- Operating Expense $5,531
- Gross Income $36,000
- Net Operating Income $30,469
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 14, 2025
Closed on
Feb 28, 2025
Sold by
Steffan Ryan P and Steffan Michelle L
Bought by
Hill Troy
Seller's Agent
Adam Benton
Russ Lyon Sothebys Intl Realty
Buyer's Agent
Troy Hill
Realty One Group, Mountain Desert
List Price
$440,000
Sold Price
$467,500
Premium/Discount to List
$27,500
6.25%
Views
23
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
-$22,221
Avg. Annual Appreciation
-10.58%
Original Mortgage
$374,000
Outstanding Balance
$373,696
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$70,852
Purchase Details
Closed on
Mar 11, 2010
Sold by
Smith Grant Edward
Bought by
Steffan Ryan and Steffan Michelle
Similar Home in Flagstaff, AZ
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $467,500 | Premier Title | |
| Cash Sale Deed | $155,000 | Pioneer Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $374,000 | New Conventional | |
| Previous Owner | $157,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2025 02/28/25 | Sold | $467,500 | +6.3% | $250 / Sq Ft |
| 01/18/2025 01/18/25 | Pending | -- | -- | -- |
| 01/14/2025 01/14/25 | For Sale | $440,000 | -- | $236 / Sq Ft |
Source: Northern Arizona Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $1,800 | $59,478 | -- | -- |
| 2023 | $1,731 | $44,204 | $0 | $0 |
| 2022 | $1,625 | $31,017 | $0 | $0 |
| 2021 | $1,580 | $30,208 | $0 | $0 |
| 2020 | $1,536 | $29,425 | $0 | $0 |
| 2019 | $1,507 | $23,645 | $0 | $0 |
| 2018 | $1,466 | $20,679 | $0 | $0 |
| 2017 | $1,379 | $18,411 | $0 | $0 |
| 2016 | $1,371 | $18,225 | $0 | $0 |
| 2015 | $1,290 | $16,096 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Adam Benton
Russ Lyon Sothebys Intl Realty
(928) 863-1761
3 in this area
28 Total Sales
-
T
Buyer's Agent in 2025
Troy Hill
Realty One Group, Mountain Desert
(928) 774-3392
2 in this area
58 Total Sales
Map
Source: Northern Arizona Association of REALTORS®
MLS Number: 199310
APN: 107-06-099A
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