$500,000
$50K PRICE DROP

Estimated payment $3,041/month

Total Views 5,642
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Central Air
  • Concrete Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

Both buildings demoed down to studs. Permits in the process. Current buildings can be turned into 9 units with existing plans or a total of 14 units if adding a second story. Can also be turned into a community residence facility (plans can be provided). East building 2,490 sq ft. West building 3,109 sq ft.

Listing Agent

Ivan Herrera

HomeSmart License #SA682660000 Listed on: 08/14/2025

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,150

Year Built

  • Built in 1982

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 122-39-011-D

Community Details

Overview

  • 2 Buildings
  • 9 Units
  • Building Dimensions are 22,466

Building Details

  • Operating Expense $5,150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,150

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: R-5 multifamily
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1982
  • Tax Year: 2024
  • Tax Parcel Letter: D
  • Cooling:Central Air: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Wood Frame, Block
  • Roof: Tile
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Lot Info

  • Lot Size: 22,466
  • Additional Parcels: No
  • Parcel #: 122-39-011-D

Multi Family

  • Owner Pays: Electricity, Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 9
  • Annual Operating Expense: 5150.0

Tax Info

  • Tax Annual Amount: 5150.0
  • Tax Book Number: 122.00
  • Tax Lot: none

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,783 -- -- --
2024 $2,851 $19,026 -- --
2023 $2,851 $25,290 $7,660 $17,630
2022 $2,794 $21,060 $4,930 $16,130
2021 $2,851 $20,160 $4,150 $16,010
2020 $2,816 $19,170 $2,830 $16,340
2019 $2,724 $18,610 $2,330 $16,280
2018 $2,651 $19,400 $2,240 $17,160
2017 $2,527 $14,340 $2,340 $12,000
2016 $2,403 $14,320 $2,120 $12,200
2015 $2,262 $12,740 $2,120 $10,620
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2025 10/03/25 Price Changed $500,000 -9.1% --
08/14/2025 08/14/25 For Sale $550,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $500,000 Old Republic Title Agency
Warranty Deed -- None Listed On Document
Warranty Deed $230,000 First American Title Ins Co
Trustee Deed $561,683 None Listed On Document
Warranty Deed $395,000 First American Title Insuran
Warranty Deed $727,872 None Available
Warranty Deed $365,999 First American Title Ins Co
Warranty Deed $341,939 None Available
Warranty Deed $299,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $880,040 Construction
Previous Owner $345,500 Small Business Administration
Previous Owner $370,000 New Conventional
Previous Owner $345,999 Seller Take Back
Previous Owner $289,000 Seller Take Back
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6906218

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-39-011B