M
Seller's Agent in 2018
Mark Skelpsa
HomeSmart Realty
1646 E Mckinley St Phoenix, AZ 85006
Central City NeighborhoodEstimated Value: $451,000 - $1,060,000
Studio
--
Bath
2,463
Sq Ft
$287/Sq Ft
Est. Value
Highlights
- Cooling Available
- Concrete Flooring
- Heat Pump System
- Phoenix Coding Academy Rated A
About This Home
As of September 2018GPCI Multifamily is pleased to offer for sale this McKinley Street fourplex in Downtown Phoenix. With repositioning and new development all around, this fourplex offers a great value add opportunity and huge rent upside. It is conveniently located close to everything: Garfield Historic District is just one block away. Edison Elementary School is immediately across the street, a big draw for families. St. Luke's Medical Center is only two blocks away, a big employer. The Ranch Market is a large grocery store only three blocks away. Phoenix Sky Harbor Airport is less than three miles away. There are two 2-bed units and two 1-bed units. All units are individually metered (electric and gas). All have tile floors throughout and large private back yards. Three of the units have been... ...upgraded to roof top ACs. One evap cooler is left to complete. The roof is newer. The property is fully occupied. It is well positioned to enjoy the growth of this dynamic neighborhood of Central Phoenix!
Last Agent to Sell the Property
Mark Skelpsa
HomeSmart Realty License #SA642313000 Listed on: 09/07/2018
Last Buyer's Agent
Mark Skelpsa
Blue Saguaro Commercial Realty, LLC License #SA642313000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,288
Year Built
- Built in 1962
Lot Details
- 5,968
Parking
- On-Street Parking
Home Design
- Composition Roof
- Block Exterior
Flooring
- Concrete Flooring
Schools
- Edison Elementary School
Utilities
- Cooling Available
- Heat Pump System
- Individual Controls for Heating
Listing and Financial Details
- Tenant pays for gas, electricity
- The owner pays for trash collection, water, sewer
- Legal Lot and Block 2 / 2
- Assessor Parcel Number 116-16-026
Community Details
Overview
- 4 Units
- Building Dimensions are 5645 sq ft
- Alameda Place Subdivision
Building Details
- Operating Expense $1,288
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 12, 2025
Sold by
Linsacum Tyler
Bought by
Linsacum Family Living Trust and Linsacum
Current Estimated Value
Purchase Details
Closed on
Aug 27, 2020
Sold by
Linsacum Courtney
Bought by
Linsacum Tyler
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,500
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 7, 2018
Closed on
Oct 12, 2018
Sold by
Mvw Investments Llc
Bought by
Linsacum Tyler
Seller's Agent
Mark Skelpsa
HomeSmart Realty
Buyer's Agent
Mark Skelpsa
HomeSmart Realty
List Price
$299,000
Sold Price
$275,000
Premium/Discount to List
-$24,000
-8.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.77%
Purchase Details
Listed on
Sep 7, 2018
Closed on
Sep 24, 2018
Sold by
Marin Norman Vance and The Laru Beya Trust
Bought by
Mvw Investments Llc
Seller's Agent
Mark Skelpsa
HomeSmart Realty
Buyer's Agent
Mark Skelpsa
HomeSmart Realty
List Price
$299,000
Sold Price
$275,000
Premium/Discount to List
-$24,000
-8.03%
Purchase Details
Closed on
Nov 1, 2016
Sold by
Marin Norman V
Bought by
Marin Norman Vance and The Laru Beya Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
3.48%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 20, 2015
Sold by
Marin Norman V
Bought by
Marin Norman Vance and Laru Beya Trust
Purchase Details
Listed on
Sep 15, 2014
Closed on
Nov 19, 2014
Sold by
Ernisse Shaylene
Bought by
Marin Norman
Seller's Agent
Yvonne Barmettler
Fine Properties
Buyer's Agent
Yvonne Barmettler
Fine Properties
List Price
$110,000
Sold Price
$124,000
Premium/Discount to List
$14,000
12.73%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.88%
Original Mortgage
$93,000
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 9, 2013
Sold by
Nesselroad Samuel Nathan
Bought by
Ernisse Shaylene
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
4.46%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 27, 2012
Closed on
Oct 22, 2012
Sold by
220 Holdings Llc
Bought by
Nesselroad Samuel Nathan and Ernise Shaylene
Buyer's Agent
Marla Wicks
DeLex Realty
List Price
$99,900
Sold Price
$75,000
Premium/Discount to List
-$24,900
-24.92%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.47%
Original Mortgage
$55,101
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 22, 2009
Sold by
Cbj Ventures Llc
Bought by
220 Holdings Llc
Purchase Details
Closed on
Jun 3, 2009
Sold by
Grijalva Benjamin
Bought by
Nm Properties Llc
Purchase Details
Closed on
Dec 15, 2004
Sold by
Grijalva Olivia
Bought by
Grijalva Benjamin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
5.8%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Dec 13, 2004
Sold by
Schmidt James J and Schmidt Michelle M
Bought by
Grijalva Benjamin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
5.8%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jul 2, 2002
Sold by
Mcgee Michael D and Mcgee Jamie R
Bought by
Schmidt James and Schmidt Michelle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,550
Interest Rate
6.69%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 6, 2000
Sold by
East Phoenix Management Llc
Bought by
Mcgee Michael D and Mcgee Jamie R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.82%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 24, 2000
Sold by
Gudmundsen David and Gudmundsen Melanie
Bought by
East Phoenix Management Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
7.95%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Dec 6, 1999
Sold by
Smith Garrett
Bought by
Gudmundsen David and Gudmundsen Melanie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
7.95%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Linsacum Family Living Trust | -- | None Listed On Document | |
| Linsacum Tyler | -- | Great American Title Agency | |
| Linsacum Tyler | -- | None Available | |
| Mvw Investments Llc | $275,000 | Pioneer Title Agency Inc | |
| Marin Norman Vance | -- | None Available | |
| Marin Norman V | -- | Grand Canyon Title Agency | |
| Marin Norman Vance | -- | None Available | |
| Marin Norman | $124,000 | Driggs Title Agency Inc | |
| Ernisse Shaylene | -- | American Title Service Agenc | |
| Nesselroad Samuel Nathan | $73,468 | American Title Service Agenc | |
| 220 Holdings Llc | -- | None Available | |
| Cbj Ventures Llc | -- | None Available | |
| Nm Properties Llc | $47,200 | None Available | |
| Grijalva Benjamin | -- | First American Title Ins Co | |
| Grijalva Benjamin | $210,000 | First American Title Ins Co | |
| Schmidt James | $139,500 | Stewart Title & Trust | |
| Mcgee Michael D | $118,700 | First American Title | |
| East Phoenix Management Llc | -- | Transnation Title Insurance | |
| Gudmundsen David | $70,000 | Transnation Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Linsacum Tyler | $402,500 | |
| Previous Owner | Marin Norman V | $112,000 | |
| Previous Owner | Marin Norman | $93,000 | |
| Previous Owner | Ernisse Shaylene | $56,250 | |
| Previous Owner | Nesselroad Samuel Nathan | $55,101 | |
| Previous Owner | Grijalva Benjamin | $42,000 | |
| Previous Owner | Grijalva Benjamin | $157,500 | |
| Previous Owner | Grijalva Benjamin | $157,500 | |
| Previous Owner | Schmidt James | $125,550 | |
| Previous Owner | Mcgee Michael D | $108,000 | |
| Previous Owner | Gudmundsen David | $63,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/28/2018 09/28/18 | Sold | $275,000 | -8.0% | $112 / Sq Ft | |
| 09/14/2018 09/14/18 | Pending | -- | -- | -- | |
| 09/07/2018 09/07/18 | For Sale | $299,000 | +141.1% | $121 / Sq Ft | |
| 11/26/2014 11/26/14 | Sold | $124,000 | +12.7% | $50 / Sq Ft | View Prior Sale |
| 09/25/2014 09/25/14 | Pending | -- | -- | -- | |
| 09/15/2014 09/15/14 | For Sale | $110,000 | +46.7% | $45 / Sq Ft | |
| 10/29/2012 10/29/12 | Sold | $75,000 | -24.9% | $57 / Sq Ft | View Prior Sale |
| 08/28/2012 08/28/12 | Pending | -- | -- | -- | |
| 06/27/2012 06/27/12 | For Sale | $99,900 | -- | $76 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,489 | $10,480 | -- | -- |
| 2024 | $1,388 | $9,981 | -- | -- |
| 2023 | $1,388 | $34,000 | $6,800 | $27,200 |
| 2022 | $1,339 | $24,850 | $4,970 | $19,880 |
| 2021 | $1,329 | $21,170 | $4,230 | $16,940 |
| 2020 | $1,344 | $17,450 | $3,490 | $13,960 |
| 2019 | $1,342 | $14,100 | $2,820 | $11,280 |
| 2018 | $1,319 | $14,680 | $2,930 | $11,750 |
| 2017 | $1,288 | $11,370 | $2,270 | $9,100 |
| 2016 | $1,251 | $10,330 | $2,060 | $8,270 |
| 2015 | $1,158 | $8,950 | $1,790 | $7,160 |
Source: Public Records
Agents Affiliated with this Home
-
-
Y
Seller's Agent in 2014
Yvonne Barmettler
Fine Properties
-
James Roberts
Seller Co-Listing Agent in 2014
James Roberts
My Home Group
(480) 227-4141
13 Total Sales
-
M
Buyer's Agent in 2012
Marla Wicks
DeLex Realty
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5818376
APN: 116-16-026
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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