NOT LISTED FOR SALE

Estimated Value: $180,000 - $374,000

Studio
12 Baths
425 Sq Ft
$574/Sq Ft Est. Value

Last Sold March 07, 2022

Last sale price $225,000 $529 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,319/month

7 Days on Market

Highlights

  • Wood Flooring
  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of March 2022

Double lot multi-family zoned! No HOA, the original block home is a 3/3. The other units are to be torn down per city. Newer homes and neighborhood improving going on is drastic. Excellent Opportunity! Both lots go with sale, ,
APN#'s 112-40-117; and 112-40-120! The city of phoenix says that the buildings on the lot lines need to be torn down. The main house was stuccoed, it's actually a brick home. Previous owner turned it into a 3/3 w/o permit so it can easily be a 3/3 home. FULL REHAB ON THE HOME, very rough, This is an excellent investor opportunity!

Last Agent to Sell the Property

Ray Whitby

RW Real Estate, LLC License #BR512102000 Listed on: 02/17/2022

Last Buyer's Agent

Marie Henry

Evergreen Realty LLC License #SA691126000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $700

Year Built

  • Built in 1944

Lot Details

  • Additional Parcels

Home Design

  • Steel Frame
  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Wood
  • Concrete

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces
  • Free Parking

Schools

  • Lowell Elementary School - Mesa Middle School
  • North High School

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for trash collection, water
  • Legal Lot and Block 16 / 5
  • Assessor Parcel Number 112-40-120

Community Details

Overview

  • 5 Buildings
  • Building Dimensions are 12665
  • Cope Add Blks 1 6 Subdivision

Building Details

  • Operating Expense $700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$700

Year Built

Built in 1944

Lot Details

6,316 Sq Ft Lot

Listing Details

  • Cross Street: BUCKEYE/7TH ST
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 5
  • Ownership: Fee Simple
  • Year Built: 1944
  • Tax Year: 2021
  • Road Surface Type: Gravel, Dirt
  • Subdivision Name: COPE ADD BLKS 1-6
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood, Concrete
  • Appliances: Other
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Steel Frame, Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Construction:Steel Frame: Yes

Garage/Parking

  • Parking Features: Free
  • Attached Garage: No
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 12.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking Features Free2: Yes

Utilities

  • Electric: APS
  • Cooling: Evaporative Cooling
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Lowell Elementary School - Mesa

Lot Info

  • Lot Size: 12665
  • Additional Parcels: Yes
  • Parcel #: 112-40-120

Multi Family

  • Owner Pays: Other, Trash Collection, Water
  • Number Of Units Total: 1
  • Annual Operating Expense: 700.0

Tax Info

  • Tax Annual Amount: 700.0
  • Tax Block: 5
  • Tax Book Number: 112.00
  • Tax Lot: 16
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/07/2022 03/07/22 Sold $225,000 -6.1% $529 / Sq Ft
03/07/2022 03/07/22 Price Changed $239,500 0.0% $564 / Sq Ft
03/03/2022 03/03/22 Price Changed $239,500 0.0% $564 / Sq Ft
02/24/2022 02/24/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $239,500 +211.0% $564 / Sq Ft
07/02/2012 07/02/12 Sold $77,000 -53.3% $181 / Sq Ft View Prior Sale
01/11/2012 01/11/12 Pending -- -- --
07/28/2010 07/28/10 For Sale $165,000 -- $388 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $739 $5,199 $5,199 --
2024 $732 $5,261 -- --
2023 $732 $26,620 $2,950 $23,670
2022 $706 $18,840 $2,090 $16,750
2021 $700 $15,630 $1,730 $13,900
2020 $708 $12,700 $1,410 $11,290
2019 $707 $11,140 $1,230 $9,910
2018 $695 $9,840 $1,090 $8,750
2017 $679 $9,110 $1,010 $8,100
2016 $660 $6,850 $760 $6,090
2015 $610 $5,940 $660 $5,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6356811

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-40-120

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