NOT LISTED FOR SALE

1634 E Mckinley St Phoenix, AZ 85006

Central City Neighborhood

Estimated Value: $392,035 - $664,000

-- Bed
-- Bath
1,008 Sq Ft
$516/Sq Ft Est. Value

Last Sold June 10, 2013

Last sale price $125,000 $124 Per Sq Ft

Est. 323% increase in value since last sale

Current estimated payment $2,984/month

57 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of June 2013

4-Plex opportunity in downtown Phoenix. This 4-Plex consists of two block duplex's, each containing 2 units. The properties are all North/South facing and there is easy access to each unit. All units are occupied. Each unit has 2 bedrooms, 1 bathroom, kitchen and living room. Each unit has a security door, ceiling fans hall closet and linen closet. Separate Electric & Gas meters, AC & water heaters. Unit 1 & 2 have alley access and parking. Units 4 & 5 have front entry parking off Mckinley. This is an excellent location being so close to bus/light rail transit, I-10/51/202 & 143 Freeways. Please contact agent with any questions.

Last Agent to Sell the Property

Nathan Hale

Berkshire Hathaway HomeServices Arizona Properties License #SA111273000 Listed on: 03/25/2013

Last Buyer's Agent

Karla Rozum

Grace Realty Group, LLC License #BR539029000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,070

Year Built

  • Built in 1955

Lot Details

  • 6,360

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

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

Schools

  • Garfield Elementary School
  • Phoenix Union Cyber High Middle School
  • Phoenix Prep Academy High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for trash collection, gas, electricity, cable TV
  • The owner pays for water
  • Tax Lot 8
  • Assessor Parcel Number 116-16-032

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 6300
  • Alameda Place Subdivision

Building Details

  • Operating Expense $5,270
  • Net Operating Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,070

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Cross Street: 16TH STREET AND I-10. South on 16th Street past
  • Property Type: Multiple Dwellings
  • Zoning: RESIDENTIAL
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1955
  • Tax Year: 2012
  • Directions: Roosevelt to Mckinley. East on Mckinley to home. *Do Not disturb tenants. Owner will schedule viewing upon accepted contract during buyers due diligence period.
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Subdivision Name: ALAMEDA PLACE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Brick Veneer, Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Add'l Parking Avail, 1 Space/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:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C, Individual, Electric
  • Heating: Individual, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2400.0

Schools

  • Elementary School: Garfield School
  • High School: Phoenix Prep Academy
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix Union Cyber High School

Lot Info

  • Lot Size: 6300
  • Additional Parcels: No
  • Parcel #: 116-16-032

Multi Family

  • Owner Pays: Water, None
  • Tenant Pays: Trash Collection, Gas, Electricity, Cable TV
  • Number Of Units Total: 4
  • Maintenance Expense: 1800.0
  • Property Net Operating Income: 21600.0
  • Annual Operating Expense: 5270.0

Tax Info

  • Tax Annual Amount: 1070.0
  • Tax Book Number: 116.00
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2015
Sold by
Morando Yuliana
Bought by
Horizons Diamond Homes Llc
Current Estimated Value
$528,265

Purchase Details

Closed on
Jun 3, 2015
Sold by
Morando Joseph and Morando Yuliana
Bought by
Morando Yuliana

Purchase Details

Closed on
Jun 2, 2015
Sold by
Pavlovic Predrag and Pavlovic Sandra E
Bought by
Morando Yuliana

Purchase Details

Listed on
Mar 25, 2013
Closed on
Jun 6, 2013
Sold by
Mantilla Russell J
Bought by
Pavlovi Predrag and Pavlovic Sandra E
Seller's Agent
Nathan Hale
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Karla Rozum
Grace Realty Group, LLC
List Price
$127,000
Sold Price
$125,000
Premium/Discount to List
-$2,000
-1.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.67%
Original Mortgage
$93,750
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2009
Sold by
Deutsche Bank National Trust
Bought by
Mantilla Russell J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,551
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2008
Sold by
Rodriguez Jose Luis and Rodriguez Maria Eugenia
Bought by
Deutsche Bank National Trust Company and Morgan Stanley Capital I Inc Trust

Purchase Details

Closed on
Sep 27, 2005
Sold by
Nedelko Heinz and Nedelko Cecilia
Bought by
Rodriguez Jose Luis and Rodriguez Maria Eugenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,600
Interest Rate
9.07%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Horizons Diamond Homes Llc -- None Available
Morando Yuliana -- Security Title Agency Inc
Morando Yuliana $132,000 Security Title Agency Inc
Pavlovi Predrag $125,000 Great American Title Agency
Mantilla Russell J $80,000 Great American Title Agency
Deutsche Bank National Trust Company $127,500 Great American Title Agency
Rodriguez Jose Luis $234,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pavlovi Predrag $93,750
Previous Owner Mantilla Russell J $78,551
Previous Owner Rodriguez Jose Luis $210,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2013 06/10/13 Sold $125,000 -1.6% $124 / Sq Ft
05/21/2013 05/21/13 Pending -- -- --
03/25/2013 03/25/13 For Sale $127,000 -- $126 / 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 $1,266 $9,467 -- --
2024 $1,254 $9,016 -- --
2023 $1,254 $27,880 $5,570 $22,310
2022 $1,209 $20,320 $4,060 $16,260
2021 $1,200 $17,950 $3,590 $14,360
2020 $1,214 $14,970 $2,990 $11,980
2019 $1,212 $12,200 $2,440 $9,760
2018 $1,191 $12,730 $2,540 $10,190
2017 $1,164 $9,370 $1,870 $7,500
2016 $1,130 $8,360 $1,670 $6,690
2015 $1,046 $7,600 $1,520 $6,080
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2013

    Nathan Hale

    Berkshire Hathaway HomeServices Arizona Properties

  • Karla Rozum

    Buyer's Agent in 2013

    Karla Rozum

    Grace Realty Group, LLC

    (602) 315-8330

    18 Total Sales

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4909857

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-16-032

Arizona Maricopa County Phoenix 85006 Central City

1634 E Mckinley St, Phoenix, AZ

This home is located at 1634 E Mckinley St, Phoenix, AZ 85006 since 25 March 2013 and is currently estimated at $520,009, approximately $515 per square foot. This property was built in 1955. 1634 E Mckinley St is a home located in Maricopa County with nearby schools including Edison Elementary School, North High School, and Phoenix Coding Academy.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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