1705 S 2nd Place Phoenix, AZ 85004
Central City NeighborhoodEstimated Value: $377,000 - $460,000
--
Bed
--
Bath
2,240
Sq Ft
$187/Sq Ft
Est. Value
Highlights
- Central Air
- Ceiling Fan
- Heating Available
- Phoenix Coding Academy Rated A
- Concrete Flooring
About This Home
As of March 2021This is a great opportunity to own a fully rented duplex near Downtown Phoenix! Each unit is 3 bedroom, 2 bathroom - these are low maintenance units with stable tenants on a month to month basis. Opportunity exists to add value and increase rents! Recent upgrades include new washer/dryer, refrigerator, stove, and water heaters. Drive by only, do not disturb tenants!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,082
Year Built
- Built in 2004
Lot Details
- 6,316
Home Design
- Brick Exterior Construction
- Composition Roof
Interior Spaces
- Ceiling Fan
- Concrete Flooring
Parking
- 1 Open Parking Space
- 1 Parking Space
Schools
- Kenilworth Elementary School
- South Mountain High School
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for water
- Legal Lot and Block 6 / 7
- Assessor Parcel Number 112-39-006
Community Details
Overview
- 2 Units
- Building Dimensions are .15 acres
- Cope Add Blks 1 6 Subdivision
Building Details
- Operating Expense $4,154
- Gross Income $11,124
- Net Operating Income $7,072
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 13, 2023
Sold by
Jonovich Andrew
Bought by
Am Prestige Real Estate Llc
Total Days on Market
2
Current Estimated Value
Purchase Details
Listed on
Feb 8, 2021
Closed on
Feb 17, 2021
Sold by
Butzine Charles Bryce
Bought by
Jonovich Andrew and Jonovich Matthew
Seller's Agent
Caitlin McKeague
Real Broker
Buyer's Agent
Andrew Jonovich
Realty85
List Price
$285,000
Sold Price
$285,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.49%
Original Mortgage
$260,000
Interest Rate
2.7%
Mortgage Type
Commercial
Purchase Details
Listed on
Feb 8, 2021
Closed on
Feb 15, 2021
Sold by
Jonovich Raquel
Bought by
Jonovich Andrew
Seller's Agent
Caitlin McKeague
Real Broker
Buyer's Agent
Andrew Jonovich
Realty85
List Price
$285,000
Sold Price
$285,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
2.7%
Mortgage Type
Commercial
Purchase Details
Listed on
Jan 10, 2020
Closed on
Jan 17, 2020
Sold by
Loyal Equities Llc
Bought by
Butzine Charles Bryce
Seller's Agent
Michael Hatch
Realty ONE Group
Buyer's Agent
Michael Hatch
Realty ONE Group
List Price
$212,500
Sold Price
$205,000
Premium/Discount to List
-$7,500
-3.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.67%
Original Mortgage
$410,000
Interest Rate
3.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 8, 2013
Sold by
Advance Holdins Llc
Bought by
Positive Equities Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,200
Interest Rate
3.49%
Mortgage Type
Unknown
Purchase Details
Closed on
Dec 6, 2011
Sold by
Montalvo John and Montalvo Maria T
Bought by
Advance Holdings Llc
Purchase Details
Closed on
Sep 14, 2009
Sold by
Montalvo Maria T
Bought by
Montalvo Ii John
Purchase Details
Closed on
Sep 2, 2009
Sold by
Montalvo John
Bought by
Montalvo Ii John and Montalvo Maria T
Purchase Details
Closed on
Jun 16, 2009
Sold by
Indymac Federal Bank Fsb
Bought by
Federal Home Loan Mortgage Corp
Purchase Details
Closed on
May 6, 2009
Sold by
Sharp Gregory and Sharp Theresa
Bought by
Indymac Federal Bank Fsb
Purchase Details
Closed on
Nov 28, 2006
Sold by
Aaa Developers Llc
Bought by
Sharp Gregory and Sharp Theresa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,600
Interest Rate
7.37%
Mortgage Type
Unknown
Purchase Details
Closed on
Oct 12, 2005
Sold by
Sharp Greg and Sharp Gregory J
Bought by
Aaa Developers Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
7.37%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jun 15, 2005
Sold by
Sharp Theresa M
Bought by
Sharp Gregory J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,450
Interest Rate
8.35%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Apr 27, 2005
Sold by
Hamada Betty
Bought by
Aaa Developers Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,450
Interest Rate
8.35%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Sep 24, 2003
Sold by
Net Worth Development Llc
Bought by
Hamada Betty
Purchase Details
Closed on
Sep 9, 2003
Sold by
Ortega Santos Marquez
Bought by
Net Worth Development Co Llc
Purchase Details
Closed on
Aug 12, 2003
Sold by
Ortega Bertha
Bought by
Ortega Santos Marquez
Purchase Details
Closed on
Nov 23, 1994
Sold by
Martin Donald L and Martin Betty J
Bought by
Aispuro Flavio and Aispuro Amparo
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
Similar Home in Phoenix, AZ
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Am Prestige Real Estate Llc | -- | -- | |
| Jonovich Andrew | $285,000 | Lawyers Title Of Arizona Inc | |
| Jonovich Andrew | -- | Lawyers Title Of Arizona Inc | |
| Jonovich Matthew | -- | Lawyers Title Of Arizona Inc | |
| Butzine Charles Bryce | $417,500 | Great American Title Agency | |
| Positive Equities Llc | -- | None Available | |
| Advance Holdings Llc | $60,000 | Old Republic Title Agency | |
| Montalvo Ii John | -- | Stewart Title & Trust Of Pho | |
| Montalvo Ii John | -- | Accommodation | |
| Montalvo Ii John | $60,000 | Stewart Title & Trust Of Pho | |
| Federal Home Loan Mortgage Corp | -- | Lsi Title Company | |
| Indymac Federal Bank Fsb | $115,000 | None Available | |
| Sharp Gregory | -- | Service Link | |
| Aaa Developers Llc | -- | Ticor Title Co Of California | |
| Sharp Gregory J | -- | Grand Canyon Title Agency In | |
| Sharp Gregory J | -- | Grand Canyon Title Agency In | |
| Aaa Developers Llc | $173,500 | Security Title Agency Inc | |
| Hamada Betty | $41,631 | Chicago Title Insurance Comp | |
| Net Worth Development Co Llc | $20,000 | Chicago Title Insurance Comp | |
| Ortega Santos Marquez | -- | Chicago Title Insurance Comp | |
| Ortega Santos Marquez | -- | Chicago Title Insurance Comp | |
| Aispuro Flavio | $21,000 | Lawyers Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Butzine Charles B | $30,000 | |
| Previous Owner | Jonovich Andrew | $367,500 | |
| Previous Owner | Jonovich Andrew | $260,000 | |
| Previous Owner | Butzine Charles Bryce | $168,750 | |
| Previous Owner | Butzine Charles Bryce | $170,000 | |
| Previous Owner | Butzine Charles Bryce | $410,000 | |
| Previous Owner | Positive Equities Llc | $85,200 | |
| Previous Owner | Sharp Gregory | $209,600 | |
| Previous Owner | Aaa Developers Llc | $172,000 | |
| Previous Owner | Sharp Gregory J | $121,450 | |
| Previous Owner | Hamada Betty | $112,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/01/2021 03/01/21 | Sold | $285,000 | 0.0% | $127 / Sq Ft |
| 02/24/2021 02/24/21 | For Sale | $285,000 | 0.0% | $127 / Sq Ft |
| 02/07/2021 02/07/21 | For Sale | $285,000 | +39.0% | $127 / Sq Ft |
| 01/31/2020 01/31/20 | Sold | $205,000 | -3.5% | $92 / Sq Ft |
| 01/11/2020 01/11/20 | Pending | -- | -- | -- |
| 01/10/2020 01/10/20 | For Sale | $212,500 | -- | $95 / 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 | $1,128 | $8,436 | -- | -- |
| 2024 | $1,117 | $8,035 | -- | -- |
| 2023 | $1,117 | $28,280 | $5,650 | $22,630 |
| 2022 | $1,078 | $19,970 | $3,990 | $15,980 |
| 2021 | $1,070 | $16,470 | $3,290 | $13,180 |
| 2020 | $1,082 | $14,060 | $2,810 | $11,250 |
| 2019 | $1,080 | $12,960 | $2,590 | $10,370 |
| 2018 | $1,062 | $12,980 | $2,590 | $10,390 |
| 2017 | $1,037 | $11,120 | $2,220 | $8,900 |
| 2016 | $1,007 | $8,800 | $1,760 | $7,040 |
| 2015 | $932 | $7,420 | $1,480 | $5,940 |
Source: Public Records
Agents Affiliated with this Home
-
Caitlin McKeague
Seller's Agent in 2021
Caitlin McKeague
Real Broker
(520) 631-9047
1 in this area
138 Total Sales
-
Andrew Jonovich
A
Buyer's Agent in 2021
Andrew Jonovich
Realty85
(602) 510-5741
11 in this area
48 Total Sales
-
Michael Hatch
M
Seller's Agent in 2020
Michael Hatch
Realty One Group
(480) 788-8038
38 Total Sales
-
Max Dewitt
Seller Co-Listing Agent in 2020
Max Dewitt
Realty One Group
(602) 725-0604
242 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6191343
APN: 112-39-006
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
Nearby Homes
- 502 E Mohave St Unit 22
- 1755 S Central Ave Unit 15
- 527 E Yuma St Unit 40
- 1318 S 1st Ave
- 301 W Mohave St
- 709-711 S 3rd St
- 1014 S 2nd St
- 906 S 4th St
- 733 S 1st St Unit 5
- 709 S 3rd St
- 340 W Yavapai St Unit 9
- 1006 S 3rd Ave
- 1120 S 4th Ave Unit 2
- 1006 S Montezuma Ave Unit 21
- 1106 E Papago St
- 1004 S Montezuma Ave
- 819 S 3rd Ave
- 1707 S 7th Ave Unit 8
- 1617 S 7th Ave Unit 9
- 1622 S 7th Ave
- 1705 S 2nd Place
- 1705 S 2nd Place Unit 2
- 1705 S 2nd Place Unit 1
- 1703 S 2nd Place
- 1707 S 2nd Place
- 231 E Mohave St
- 1704 S 3rd St
- 1702 S 3rd St
- 1706 S 3rd St Unit 7
- 1711 S 2nd Place
- 251 E Mohave St
- 219 E Mohave St
- 1708 S 3rd St
- 213 E Mohave St
- 1706 S 2nd Place
- 207 E Mohave St
- 1708 S 2nd Place
- 1715 S 2nd Place
- 1710 S 3rd St
- 1710 S 2nd Place