S
Seller's Agent in 2020
Scott Trevey
REI Marketing
1636 W Garfield St Phoenix, AZ 85007
Central City NeighborhoodEstimated Value: $544,152 - $747,000
Studio
--
Bath
1,242
Sq Ft
$521/Sq Ft
Est. Value
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Partially Fenced Property
- Phoenix Coding Academy Rated A
- Central Heating
About This Home
As of June 2020This updated four-plex consists of four 2-bedroom / 1-bath rental units of approx 621 SF. Three (3) of them have been tastefully remodeled to include in-unit stackable washer-dryers, new cabinets and counters, new backsplashes, vanities, windows, lighting and appliances. And with the installation of new A/C units, upgraded electrical service panels, and a beautiful new parking lot- the heavy lifting has been done. Value-Add going forward could be finishing the last unit and to simply move the leases to market rents. One of the renovated units is currently rented at $995, and another leased at $1,025 PLUS both collect $40 in R.U.B.S. Proximity to downtown, midtown and the valley freeways provides tenants easy access to valley employment, shopping and more.
Last Agent to Sell the Property
Scott Trevey
REI Marketing License #SA539099000 Listed on: 05/07/2020
Last Buyer's Agent
Jason Mitchell
Jason Mitchell Real Estate License #SA575892000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $912
Year Built
- Built in 1983
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Home Security
- Security Lights
- Fire and Smoke Detector
Parking
- 16 Open Parking Spaces
- 16 Parking Spaces
- Paved Parking
Utilities
- Cooling Available
- Central Heating
- Air Source Heat Pump
- Natural Gas Not Available
Additional Features
- Ceramic Tile Flooring
- Partially Fenced Property
Listing and Financial Details
- Tenant pays for electricity, cable TV
- The owner pays for water, sewer, trash collection
- Legal Lot and Block 18 / 1
- Assessor Parcel Number 111-25-064
Community Details
Overview
- 2 Buildings
- 4 Units
- Building Dimensions are irreg
- Las Flores Subdivision
Building Details
- Operating Expense $14,880
- Gross Income $44,897
- Net Operating Income $30,073
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
Listed on
May 7, 2020
Closed on
Jun 29, 2020
Sold by
Bought by
Seller's Agent
Scott Trevey
REI Marketing
Buyer's Agent
Jason Mitchell
Jason Mitchell Real Estate
List Price
$455,000
Sold Price
$460,000
Premium/Discount to List
$5,000
1.1%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,038
Avg. Annual Appreciation
5.75%
Original Mortgage
$460,000
Interest Rate
0.032%
Mortgage Type
VA
Purchase Details
Listed on
Sep 25, 2019
Closed on
Oct 10, 2019
Sold by
Bought by
Seller's Agent
Linda Gerchick
Gerchick Real Estate
Buyer's Agent
Merida Lee
Nexthome Prime Real Estate
List Price
$375,000
Sold Price
$363,000
Premium/Discount to List
-$12,000
-3.2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.59%
Purchase Details
Closed on
Jan 16, 2019
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
$212,500
Interest Rate
0.046%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Oct 9, 2016
Closed on
Sep 12, 2016
Sold by
Bought by
Seller's Agent
Maurice Gilder
Delex Realty
Buyer's Agent
Maurice Gilder
Delex Realty
List Price
$149,000
Sold Price
$158,000
Premium/Discount to List
$9,000
6.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.47%
Purchase Details
Closed on
Sep 8, 2010
Sold by
Bought by
Purchase Details
Closed on
Sep 30, 2004
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
$136,000
Interest Rate
0.0421%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Jun 22, 2004
Sold by
Bought by
Purchase Details
Closed on
Nov 25, 2002
Sold by
Bought by
Purchase Details
Closed on
Aug 31, 1999
Sold by
Bought by
Purchase Details
Closed on
Aug 31, 1995
Sold by
Bought by
Purchase Details
Closed on
Dec 31, 1994
Sold by
Bought by
Purchase Details
Closed on
Dec 30, 1994
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 |
|---|---|---|---|
| $460,000 | American Title Svc Agcy Llc | ||
| $363,000 | Empire West Title Agency Llc | ||
| -- | Security Title Agency Inc | ||
| $240,000 | Security Title Agency Inc | ||
| -- | None Available | ||
| $40,000 | Empire West Title Agency | ||
| -- | Fidelity National Title | ||
| -- | -- | ||
| -- | Fidelity National Title | ||
| -- | Fidelity National Title | ||
| -- | Fidelity Title | ||
| $50,200 | North American Title Agency | ||
| -- | -- | ||
| -- | -- | ||
| -- | First American Title |
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 |
|---|---|---|---|
| Open | $460,000 | ||
| Previous Owner | $212,500 | ||
| Previous Owner | $136,000 |
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 |
|---|---|---|---|---|---|
| 05/20/2023 05/20/23 | Off Market | $460,000 | -- | -- | |
| 06/30/2020 06/30/20 | Sold | $460,000 | +1.1% | $370 / Sq Ft | |
| 06/25/2020 06/25/20 | Price Changed | $455,000 | 0.0% | $366 / Sq Ft | |
| 05/18/2020 05/18/20 | Pending | -- | -- | -- | |
| 05/07/2020 05/07/20 | For Sale | $455,000 | +25.3% | $366 / Sq Ft | |
| 10/15/2019 10/15/19 | Sold | $363,000 | -3.2% | $292 / Sq Ft | View Prior Sale |
| 10/02/2019 10/02/19 | Pending | -- | -- | -- | |
| 09/24/2019 09/24/19 | For Sale | $375,000 | +137.3% | $302 / Sq Ft | |
| 10/17/2016 10/17/16 | Sold | $158,000 | +6.0% | $127 / Sq Ft | View Prior Sale |
| 10/01/2016 10/01/16 | For Sale | $149,000 | -- | $120 / 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 | $1,012 | $7,124 | ||
| 2024 | $943 | $6,784 | ||
| 2023 | $943 | $40,800 | $8,160 | $32,640 |
| 2022 | $910 | $27,260 | $5,450 | $21,810 |
| 2021 | $903 | $22,160 | $4,430 | $17,730 |
| 2020 | $914 | $21,620 | $4,320 | $17,300 |
| 2019 | $912 | $19,700 | $3,940 | $15,760 |
| 2018 | $896 | $15,380 | $3,070 | $12,310 |
| 2017 | $876 | $13,630 | $2,720 | $10,910 |
| 2016 | $850 | $11,960 | $2,390 | $9,570 |
| 2015 | $787 | $7,720 | $1,540 | $6,180 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Buyer's Agent in 2020
Jason Mitchell
Jason Mitchell Real Estate
-
Thomas Gremo
Buyer Co-Listing Agent in 2020
Thomas Gremo
eXp Realty
(774) 272-1194
1 in this area
39 Total Sales
-
Linda Gerchick
Seller's Agent in 2019
Linda Gerchick
Gerchick Real Estate
(602) 688-9279
7 in this area
96 Total Sales
-
M
Buyer's Agent in 2019
Merida Lee
Nexthome Prime Real Estate
-
Maurice Gilder
M
Seller's Agent in 2016
Maurice Gilder
Delex Realty
(623) 334-3744
3 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6075494
APN: 111-25-064
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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