N
Seller's Agent in 2022
Nathan Waite
Silverhawk Realty
1626 W Garfield St Phoenix, AZ 85007
Central City Neighborhood
1
Bed
1
Bath
850
Sq Ft
1947
Built
Highlights
- Ceramic Tile Flooring
- Central Air
- Heat Pump System
- Phoenix Coding Academy Rated A
- Ceiling Fan
About This Home
As of December 2022HUGE REDUCTION TO BELOW MARKET. PRICED TO SELL! Investment opportunity with tons of flexibility and upside. Professionally managed, CASH-FLOWING fourplex in a downtown location with great access. Two 2BR/1BA and two studio/1BA. 2 units have just had turn work completed. Newer AC. Lots of flexibility -- move in with low down payment FHA loan or turn key lease. Shared onsite laundry with newer washer and dryer. All units are separately metered and NO HOA. Low-maintenance desert landscaping with plenty of parking in front and in back. Space for toys/trailers/etc. Rents are below market with room to raise! TENANT RIGHTS, PLEASE DRIVE BY ONLY - SHOWINGS ONLY AFTER ACCEPTED OFFER. **Vacant units are being marketed for lease. Act now for maximum flexibility**
Last Agent to Sell the Property
Nathan Waite
Silverhawk Realty License #SA677376000 Listed on: 12/16/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $862
Year Built
- Built in 1947
Home Design
- Composition Roof
- Block Exterior
Interior Spaces
- Ceiling Fan
- Ceramic Tile Flooring
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
Schools
- Pima Elementary School
Utilities
- Central Air
- Heat Pump System
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for trash collection, water, sewer, landscaping
- Legal Lot and Block 14 / 1
- Assessor Parcel Number 111-25-060
Community Details
Overview
- 2 Buildings
- 4 Units
- Building Dimensions are IRR
- Las Flores Subdivision
Building Details
- Operating Expense $4,162
- Gross Income $38,610
- Net Operating Income $42,690
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 13, 2023
Sold by
Bought by
Purchase Details
Listed on
Dec 16, 2021
Closed on
Dec 9, 2022
Sold by
Bought by
Seller's Agent
Nathan Waite
Silverhawk Realty
Buyer's Agent
Haydee Piurek
Key Select Real Estate
List Price
$515,000
Sold Price
$515,000
Views
6
Purchase Details
Listed on
Sep 18, 2020
Closed on
Nov 18, 2020
Sold by
Bought by
Seller's Agent
David Arustamian
Russ Lyon Sotheby's International Realty
Buyer's Agent
Nathan Waite
Compass
List Price
$420,000
Sold Price
$390,000
Premium/Discount to List
-$30,000
-7.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.24%
Original Mortgage
$292,500
Interest Rate
0.028%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 9, 2019
Closed on
Jun 18, 2019
Sold by
Bought by
Seller's Agent
Melanie Sanders
eXp Realty
Buyer's Agent
Brandon Torraco
LPT Realty, LLC
List Price
$237,900
Sold Price
$230,000
Premium/Discount to List
-$7,900
-3.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.93%
Original Mortgage
$209,142
Interest Rate
0.0425%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 2, 2011
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
0.0475%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 29, 2008
Sold by
Bought by
Purchase Details
Closed on
May 1, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,800
Interest Rate
0.03%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Mar 8, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
0.0547%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 28, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,400
Interest Rate
0.0583%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 10, 2001
Sold by
Bought by
Purchase Details
Closed on
Nov 20, 2001
Sold by
Bought by
Purchase Details
Closed on
Sep 17, 1998
Sold by
Bought by
Purchase Details
Closed on
Nov 24, 1997
Sold by
Bought by
Purchase Details
Closed on
Mar 22, 1995
Sold by
Bought by
Purchase Details
Closed on
Aug 18, 1989
Sold by
Bought by
Purchase Details
Closed on
Jun 25, 1976
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | -- | ||
| $515,000 | Old Republic Title | ||
| $390,000 | Premier Title Agency | ||
| $225,000 | Title Alliance Platinum Agcy | ||
| $170,000 | Fidelity Natl Title Ins Co | ||
| $121,000 | Grand Cyn Title Agency Inc | ||
| $266,000 | Grand Canyon Title Agency In | ||
| $179,000 | Guaranty Title Agency | ||
| $164,200 | Fidelity National Title | ||
| $61,695 | -- | ||
| -- | Arizona Title Agency Inc | ||
| $60,000 | Chicago Title Insurance Co | ||
| $50,000 | Chicago Title Insurance Co | ||
| $21,330 | Network Escrow & Title Agenc | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $292,500 | ||
| Previous Owner | $209,142 | ||
| Previous Owner | $135,000 | ||
| Previous Owner | $212,800 | ||
| Previous Owner | $143,200 | ||
| Previous Owner | $16,400 | ||
| Previous Owner | $123,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/09/2022 12/09/22 | Sold | $515,000 | 0.0% | $606 / Sq Ft | |
| 12/08/2022 12/08/22 | For Sale | $515,000 | 0.0% | $606 / Sq Ft | |
| 12/01/2022 12/01/22 | For Sale | $515,000 | 0.0% | $606 / Sq Ft | |
| 10/07/2022 10/07/22 | Price Changed | $515,000 | -11.1% | $606 / Sq Ft | |
| 09/20/2022 09/20/22 | Price Changed | $579,000 | -1.7% | $681 / Sq Ft | |
| 06/30/2022 06/30/22 | For Sale | $589,000 | 0.0% | $693 / Sq Ft | |
| 06/30/2022 06/30/22 | Price Changed | $589,000 | +14.4% | $693 / Sq Ft | |
| 06/27/2022 06/27/22 | Off Market | $515,000 | -- | -- | |
| 05/04/2022 05/04/22 | Price Changed | $595,000 | -0.8% | $700 / Sq Ft | |
| 03/09/2022 03/09/22 | Price Changed | $599,500 | -2.5% | $705 / Sq Ft | |
| 12/15/2021 12/15/21 | For Sale | $615,000 | +57.7% | $724 / Sq Ft | |
| 12/23/2020 12/23/20 | Sold | $390,000 | -7.1% | $459 / Sq Ft | View Prior Sale |
| 12/19/2020 12/19/20 | For Sale | $420,000 | 0.0% | $494 / Sq Ft | |
| 12/19/2020 12/19/20 | Price Changed | $420,000 | 0.0% | $494 / Sq Ft | |
| 11/24/2020 11/24/20 | For Sale | $420,000 | 0.0% | $494 / Sq Ft | |
| 11/24/2020 11/24/20 | Price Changed | $420,000 | 0.0% | $494 / Sq Ft | |
| 10/20/2020 10/20/20 | Pending | -- | -- | -- | |
| 10/08/2020 10/08/20 | Price Changed | $420,000 | -6.6% | $494 / Sq Ft | |
| 09/11/2020 09/11/20 | For Sale | $449,900 | +95.6% | $529 / Sq Ft | |
| 07/11/2019 07/11/19 | Sold | $230,000 | -3.3% | $271 / Sq Ft | View Prior Sale |
| 04/06/2019 04/06/19 | For Sale | $237,900 | 0.0% | $280 / Sq Ft | |
| 03/27/2019 03/27/19 | Pending | -- | -- | -- | |
| 03/25/2019 03/25/19 | Price Changed | $237,900 | -1.7% | $280 / Sq Ft | |
| 02/08/2019 02/08/19 | For Sale | $242,000 | -- | $285 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $966 | $6,803 | ||
| 2024 | $901 | $6,479 | ||
| 2023 | $901 | $40,910 | $8,180 | $32,730 |
| 2022 | $869 | $28,860 | $5,770 | $23,090 |
| 2021 | $862 | $24,270 | $4,850 | $19,420 |
| 2020 | $872 | $22,770 | $4,550 | $18,220 |
| 2019 | $871 | $18,530 | $3,700 | $14,830 |
| 2018 | $856 | $14,120 | $2,820 | $11,300 |
| 2017 | $836 | $13,120 | $2,620 | $10,500 |
| 2016 | $812 | $11,450 | $2,290 | $9,160 |
| 2015 | $751 | $7,580 | $1,510 | $6,070 |
Source: Public Records
Agents Affiliated with this Home
-
-
Haydee Piurek
Buyer's Agent in 2022
Haydee Piurek
Key Select Real Estate
(480) 650-8887
1 in this area
17 Total Sales
-
H
Buyer's Agent in 2022
Haydee Sainz
North & Co
-
David Arustamian
Seller's Agent in 2020
David Arustamian
Russ Lyon Sotheby's International Realty
(480) 331-0707
1 in this area
405 Total Sales
-
David Larchez
Buyer Co-Listing Agent in 2020
David Larchez
Compass
(480) 776-1555
33 Total Sales
-
Melanie Sanders
Seller's Agent in 2019
Melanie Sanders
eXp Realty
(480) 570-5203
2 in this area
222 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6332720
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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