NOT LISTED FOR SALE

Estimated Value: $504,000 - $554,000

-- Bed
-- Bath
1,666 Sq Ft
$320/Sq Ft Est. Value

Last Sold May 28, 2019

Last sale price $263,000 $158 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $3,091/month

4 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of May 2019

Red brick duplex in the Garfield area. Each unit is 2 bedrooms, 1 bath, approximately 750 square feet livable, and there is a separate
attached laundry room (not ducted) that is approximately 124 square feet. The back part of the lot is flat and not landscaped - there is room
for parking there and a gate with alley access. There is a concrete drive on the east side of the property for parking and/or access to the
back of the lot. Each unit is separately metered for electric, and has individual roof top HVAC units. Each unit has separate gas meter - only the water bill is shared.

Last Agent to Sell the Property

Tom Bryant

HomeSmart License #SA025366000 Listed on: 04/10/2019

HomeSmart

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $840

Year Built

  • Built in 1948

Lot Details

  • 6,882

Home Design

  • Brick Exterior Construction
  • Composition Roof

Flooring

  • Concrete
  • Ceramic Tile

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • On-Street Parking

Schools

  • Edison Elementary School
  • Phoenix Prep Academy Middle School
  • North High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 17 / 2
  • Assessor Parcel Number 116-19-101

Community Details

Overview

  • 2 Units
  • Building Dimensions are 50 x 137.5
  • Garfield Place Subdivision

Building Details

  • Operating Expense $840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$840

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Cross Street: Roosevelt and 16th St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: P-1
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1948
  • Tax Year: 2018
  • Directions: South on 16th Street to McKinley, west to property.
  • Road Surface Type: Dedicated Street
  • Subdivision Name: GARFIELD PLACE
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Concrete
  • Appliances: F/S Oven/Range, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Brick
  • Roof: Composition

Garage/Parking

  • Parking Features: >1 Space Per Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: 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
  • Exterior Amenities:Partially Fenced: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Drapes2: Yes

Schools

  • Elementary School: Edison Elementary School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix Prep Academy

Lot Info

  • Lot Size: 50 x 137.5
  • Additional Parcels: No
  • Parcel #: 116-19-101

Multi Family

  • Owner Pays: Other, See Remarks
  • Tenant Pays: See Remarks
  • Number Of Units Total: 2
  • Annual Operating Expense: 840.0

Tax Info

  • Tax Annual Amount: 840.0
  • Tax Block: 2
  • Tax Book Number: 116.00
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2019
Closed on
May 23, 2019
Sold by
Carmody Tom
Bought by
Browing Issac and Roses Abbie
Seller's Agent
Tom Bryant
HomeSmart
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$259,000
Sold Price
$263,000
Premium/Discount to List
$4,000
1.54%
Current Estimated Value
$548,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,431
Avg. Annual Appreciation
11.78%
Original Mortgage
$210,400
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2016
Sold by
Ponte Mark and Ponte Carol Lee
Bought by
Ponte Investment & Leasing Co

Purchase Details

Closed on
Jul 22, 2004
Sold by
Ponte Mark
Bought by
Ponte Mark and Ponte Carol Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 1994
Sold by
Ponte Mark
Bought by
Pointe Investment & Leasing Company
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Browing Issac $263,000 Wfg National Title Ins Co
Ponte Investment & Leasing Co -- Accommodation
Ponte Investment & Leasing Co -- Stewart Title
Ponte Mark -- Westland Title Agency Of Az
Ponte Mark -- Westland Title Agency Of Az
Ponte Mark -- Westland Title Agency Of Az
Pointe Investment & Leasing Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Browning Isaac $212,100
Previous Owner Browing Issac $210,400
Previous Owner Ponte Mark $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2019 05/28/19 Sold $263,000 +1.5% $158 / Sq Ft
04/14/2019 04/14/19 Pending -- -- --
04/10/2019 04/10/19 For Sale $259,000 -- $155 / 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 $1,054 $7,880 -- --
2024 $1,044 $7,505 -- --
2023 $1,044 $31,480 $21,110 $10,370
2022 $1,006 $21,100 $11,560 $9,540
2021 $999 $15,400 $3,080 $12,320
2020 $1,011 $14,000 $6,870 $7,130
2019 $1,009 $13,840 $1,530 $12,310
2018 $992 $11,460 $1,270 $10,190
2017 $969 $10,870 $1,200 $9,670
2016 $941 $8,390 $930 $7,460
2015 $871 $6,840 $760 $6,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5909395

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-19-101