N
Seller's Agent in 2025
Natalia Yalin
eXp Realty
(888) 897-7821
3 in this area
31 Total Sales
1708 E Verde Ln Phoenix, AZ 85016
Central City Neighborhood
--
Bed
--
Bath
2,320
Sq Ft
1950
Built
Highlights
- Cooling System Mounted To A Wall/Window
- Ceramic Tile Flooring
- Window Unit Heating System
- Phoenix Coding Academy Rated A
About This Home
As of June 2025For investors seeking an IMMEDIATE INCOME generation with no additional investment required! 2024 average occupancy rate 93%. Current Airbnb rating 4.85 out of 5. CAP RATE 9.64%!!! Meticulously RENOVATED 4 unit main house + shed in Central Phoenix! Nestled in one of Phoenix's most DESIRABLE LOCATIONS with immediate access to HWY-51, 2 min drive to Phoenix Children's Hospital, 8 min drive to Biltmore Fashion Park, top-rated dining, and vibrant nightlife. This rental is a top choice of traveling nurses!Each unit is designed to provide guests with comfort and style, ensuring HIGH OCCUPANCY RATES. Every unit features a modern Kitchen, Bath, and separate Private Access. A well-maintained shared outdoor space with seating, hammock, fire pit and BBQ facilities creates an inviting atmosphere for relaxation. Convenient laundry facility w/washer & dryer is available for guest use.
Last Buyer's Agent
Non-Represented Buyer
Non-MLS Office
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,854
Year Built
- Built in 1950
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Flooring
- Carpet
- Ceramic Tile
Parking
- 4 Parking Spaces
- 2 Covered Spaces
- Free Parking
- On-Street Parking
Schools
- Larry C Kennedy Elementary And Middle School
- Camelback High School
Utilities
- Cooling System Mounted To A Wall/Window
- Window Unit Heating System
Listing and Financial Details
- The owner pays for gas, electricity, trash collection, water, sewer, cable TV, landscaping
- Tax Lot 12
- Assessor Parcel Number 119-33-040
Community Details
Overview
- 4 Units
- Building Dimensions are 8215
- Gardendale Add. Subdivision
Building Details
- Operating Expense $46,706
- Gross Income $164,900
- Net Operating Income $118,195
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 12, 2025
Closed on
May 21, 2025
Sold by
Yalin Natalia and Yalin Melih
Bought by
Tau-White Benjamin
Seller's Agent
Natalia Yalin
eXp Realty
Buyer's Agent
Non-Represented Buyer
Non-MLS Office
List Price
$897,000
Sold Price
$795,000
Premium/Discount to List
-$102,000
-11.37%
Views
22
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
$16,911
Avg. Annual Appreciation
7.81%
Original Mortgage
$785,000
Outstanding Balance
$783,647
Interest Rate
6.76%
Mortgage Type
VA
Estimated Equity
$28,264
Purchase Details
Listed on
Jan 11, 2023
Closed on
Apr 27, 2023
Sold by
Henge Holdings Llc
Bought by
Yalin Natalia and Yalin Melih
Seller's Agent
Lori Moody
HomeSmart
Buyer's Agent
Natalia Yalin
eXp Realty
List Price
$674,500
Sold Price
$640,000
Premium/Discount to List
-$34,500
-5.11%
Views
54
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.72%
Original Mortgage
$608,000
Interest Rate
6.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 22, 2022
Sold by
Leigh Choisser Debra
Bought by
Henge Holdings Llc
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $795,000 | Old Republic Title Agency | |
| Warranty Deed | $640,000 | Magnus Title Agency | |
| Warranty Deed | $262,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $785,000 | VA | |
| Previous Owner | $608,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/16/2025 06/16/25 | Sold | $795,000 | -11.4% | $343 / Sq Ft |
| 03/17/2025 03/17/25 | For Sale | $897,000 | +12.8% | $387 / Sq Ft |
| 02/25/2025 02/25/25 | Off Market | $795,000 | -- | -- |
| 02/21/2025 02/21/25 | Pending | -- | -- | -- |
| 02/12/2025 02/12/25 | For Sale | $897,000 | +40.2% | $387 / Sq Ft |
| 05/01/2023 05/01/23 | Sold | $640,000 | -2.9% | $255 / Sq Ft |
| 03/29/2023 03/29/23 | Pending | -- | -- | -- |
| 03/17/2023 03/17/23 | Price Changed | $659,000 | -0.7% | $262 / Sq Ft |
| 03/13/2023 03/13/23 | Price Changed | $663,900 | -0.2% | $264 / Sq Ft |
| 03/02/2023 03/02/23 | Price Changed | $665,299 | -0.3% | $265 / Sq Ft |
| 02/22/2023 02/22/23 | Price Changed | $667,200 | 0.0% | $266 / Sq Ft |
| 02/15/2023 02/15/23 | Price Changed | $667,500 | -1.0% | $266 / Sq Ft |
| 02/03/2023 02/03/23 | Price Changed | $674,000 | -0.1% | $268 / Sq Ft |
| 01/26/2023 01/26/23 | For Sale | $674,500 | 0.0% | $269 / Sq Ft |
| 01/26/2023 01/26/23 | Price Changed | $674,500 | -0.7% | $269 / Sq Ft |
| 01/19/2023 01/19/23 | Pending | -- | -- | -- |
| 01/11/2023 01/11/23 | Price Changed | $679,500 | -2.8% | $271 / Sq Ft |
| 01/11/2023 01/11/23 | For Sale | $699,000 | -- | $278 / 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 | $3,854 | $29,644 | -- | -- |
| 2024 | $3,364 | $28,232 | -- | -- |
| 2023 | $3,364 | $50,960 | $10,190 | $40,770 |
| 2022 | $3,660 | $40,020 | $8,000 | $32,020 |
| 2021 | $3,749 | $38,950 | $7,790 | $31,160 |
| 2020 | $1,037 | $32,050 | $6,410 | $25,640 |
| 2019 | $1,019 | $30,210 | $6,040 | $24,170 |
| 2018 | $924 | $7,400 | $1,480 | $5,920 |
| 2017 | $830 | $7,400 | $1,480 | $5,920 |
| 2016 | $841 | $7,400 | $1,480 | $5,920 |
| 2015 | $797 | $7,400 | $1,480 | $5,920 |
Source: Public Records
Agents Affiliated with this Home
-
Natalia Yalin
-
N
Buyer's Agent in 2025
Non-Represented Buyer
Non-MLS Office
-
Lori Moody
L
Seller's Agent in 2023
Lori Moody
HomeSmart
(406) 544-8847
1 in this area
6 Total Sales
-
Kelly Farnsworth
Seller Co-Listing Agent in 2023
Kelly Farnsworth
AZ Key LLC
(602) 769-7509
2 in this area
61 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6817836
APN: 119-33-040
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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