NOT LISTED FOR SALE

Estimated Value: $328,000 - $749,595

-- Bed
3 Baths
1,398 Sq Ft
$426/Sq Ft Est. Value

Last Sold December 30, 2023

Last sale price $750,000 $536 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $3,251/month

27 Days on Market

Highlights

  • Central Air
  • Ceiling Fan
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Vinyl Flooring

About This Home

As of December 2023

4 Units, Garden-Style Property, Built in 1916 & 1985, Renovated in 2023. Unit Mix Consists of (1) 3-Bed / 2- Bath Casita, (2) 2-Bed / 1-Bath Units, & (1) 1-Bed / 1-Bath Unit.Each Unit Features a Fully Upgraded Interior With White Quartz Countertops, Luxury Vinyl-Plank Flooring, Subway Tile Showers, Stainless Steel Appliances, & In-Suite Washer / Dryer. Exterior Upgrades Include Coated Roof, New Windows & Private Backyard Areas.Located in Vibrant Growing Art District. Close Proximity to Numerous Dining & Entertainment Options in Downtown Phoenix & Grand Avenue Arts District.

Last Agent to Sell the Property

Tom Palestina

ABI Multifamily License #SA688331000 Listed on: 11/10/2023

Co-Listed By

Andrew Arambula

ABI Multifamily License #SA688881000

Last Buyer's Agent

Jeffry Klein

Keller Williams Arizona Realty License #SA670660000

Keller Williams Arizona Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $926

Year Built

  • Built in 1985

Lot Details

  • 6,142

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Vinyl Flooring

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Over 1 Space Per Unit
  • On-Street Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 10 / A
  • Assessor Parcel Number 111-25-151

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 6125
  • West Lawn Subdivision

Building Details

  • Operating Expense $926
  • Gross Income $82,008
  • Net Operating Income $60,972

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$926

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2023
  • Road Surface Type: Dirt, Asphalt
  • Co List Office Mls Id: abim01
  • Co List Office Phone: 602-714-1400
  • Subdivision Name: WEST LAWN
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Built-In Range
  • Appliances Included:BI OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: >1 Space Per Unit, On Street
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • 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

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 6125
  • Additional Parcels: No
  • Parcel #: 111-25-151

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Gross Income: 82008.0
  • Property Net Operating Income: 60972.0
  • Annual Operating Expense: 926.0

Tax Info

  • Tax Annual Amount: 926.0
  • Tax Block: A
  • Tax Book Number: 111.00
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
Apr 7, 2023
Sold by
Tb Fillmore 1538 Llc
Bought by
Fidelity First International Llc
Seller's Agent
Tyler Bruggman
ABI Multifamily
Buyer's Agent
James Yancey
Gentry Real Estate
List Price
$535,000
Sold Price
$467,750
Premium/Discount to List
-$67,250
-12.57%
Views
344
Current Estimated Value
$596,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,399
Avg. Annual Appreciation
10.23%
Original Mortgage
$522,600
Interest Rate
6.5%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 29, 2022
Sold by
Tyler Bruggman
Bought by
Tb Fillmore 1538 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2022
Sold by
Jj Young Investors Llc
Bought by
Bruggman Tyler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 15, 2011
Closed on
Feb 3, 2012
Sold by
Beyo Investments Iii Llc
Bought by
Jj Young Investors Llc
Seller's Agent
Scott Trevey
REI Marketing
Buyer's Agent
Jenn Woolley
My Home Group Real Estate
List Price
$97,000
Sold Price
$85,000
Premium/Discount to List
-$12,000
-12.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.31%

Purchase Details

Closed on
Jan 28, 2010
Sold by
Seanez Filiberto and Seanez Yolanda
Bought by
Beyo Investments Iii Llc
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
Fidelity First International Llc $467,750 Pioneer Title
Tb Fillmore 1538 Llc -- --
Bruggman Tyler $300,000 Old Republic Title
Jj Young Investors Llc $85,000 Dhi Title Agency
Beyo Investments Iii Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Fidelity First International Llc $522,600
Previous Owner Bruggman Tyler $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2023 12/30/23 Sold $750,000 -11.8% $536 / Sq Ft
12/02/2023 12/02/23 Price Changed $850,000 -0.6% $608 / Sq Ft
11/29/2023 11/29/23 Price Changed $854,900 0.0% $612 / Sq Ft
11/29/2023 11/29/23 Price Changed $855,000 -0.6% $612 / Sq Ft
11/10/2023 11/10/23 For Sale $860,000 +83.9% $615 / Sq Ft
04/07/2023 04/07/23 Sold $467,750 -2.3% $335 / Sq Ft
03/29/2023 03/29/23 Price Changed $479,000 -4.0% $343 / Sq Ft
03/15/2023 03/15/23 Price Changed $499,000 -3.1% $357 / Sq Ft
03/15/2023 03/15/23 Price Changed $515,000 -3.4% $368 / Sq Ft
03/03/2023 03/03/23 Price Changed $533,000 -0.4% $381 / Sq Ft
02/17/2023 02/17/23 Price Changed $534,900 0.0% $383 / Sq Ft
02/09/2023 02/09/23 For Sale $535,000 +529.4% $383 / Sq Ft
02/03/2012 02/03/12 Sold $85,000 -12.4% $61 / Sq Ft
01/15/2012 01/15/12 Pending -- -- --
06/15/2011 06/15/11 For Sale $97,000 -- $69 / 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 $936 $6,995 -- --
2024 $926 $6,662 -- --
2023 $926 $29,100 $5,820 $23,280
2022 $894 $20,830 $4,160 $16,670
2021 $887 $20,070 $4,010 $16,060
2020 $897 $16,560 $3,310 $13,250
2019 $896 $14,110 $2,820 $11,290
2018 $880 $13,900 $2,780 $11,120
2017 $860 $10,510 $2,100 $8,410
2016 $835 $8,700 $1,740 $6,960
2015 $773 $7,150 $1,430 $5,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6629221

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-25-151