Imelda Reyes
West USA Realty
(623) 469-8008
105 Total Sales
1 in Central City
$350,000 Price
1732 W Maricopa St Phoenix, AZ 85007
Central City NeighborhoodEstimated Value: $495,656
Studio
--
Baths
2,508
Sq Ft
$198/Sq Ft
Est. Value
Highlights
- Ceramic Tile Flooring
- Ceiling Fan
- Heating Available
- Phoenix Coding Academy Rated A
About This Home
As of May 2022Value Add, Value Add, Value Add!! This incredible investment opportunity is ready for a buyer who wants to capitalize on a little bit of sweat equity for a huge upside potential. This property was built in 2004 and features the one thing you can't change in a real estate investment – LOCATION! This investment is conveniently located in between the I17 and I10 freeways near all the new development downtown and just minutes from Sky Harbor Airport. This unique duplex offers two mirrored layouts, each with three full bedrooms, a jack and jill bathroom and inside laundry room. The property lot is huge and offers plenty of tenant parking. Easily capture significant upside by completing
some of the simple and obvious value-add opportunities; including, converting the jack and jill bathroom into two full bathrooms (see concept plan in the photos), covered
parking, stylish gates and interior finish updates. Proforma rents for a three-bedroom, one bath unit are $1550 each, improve to a three-bedroom, two bath unit and increase to
around $1800 each.
Last Agent to Sell the Property
American Allstar Realty License #BR531220000 Listed on: 05/08/2022
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,271
Year Built
- Built in 2004
Lot Details
- 8,538
Home Design
- Composition Roof
- Block Exterior
Interior Spaces
- Ceiling Fan
Flooring
- Carpet
- Ceramic Tile
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Paved Parking
Schools
- Mary Mcleod Bethune Elementary And Middle School
- Central High School
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- The owner pays for trash collection, water, sewer
- Legal Lot and Block 7 / 2
- Assessor Parcel Number 112-13-024
Community Details
Overview
- 2 Units
- Building Dimensions are 136' x 62'
- Grier Place Subdivision
Building Details
- Operating Expense $6,624
- Gross Income $33,573
- Net Operating Income $25,716
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 8, 2022
Closed on
May 19, 2022
Sold by
American Pride Properties Llc
Bought by
Seller's Agent
Paul Whittle
American Allstar Realty
Buyer's Agent
Janet Love
Get Multifamily
List Price
$325,000
Sold Price
$415,000
Premium/Discount to List
$90,000
27.69%
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
$80,656
Avg. Annual Appreciation
4.19%
Original Mortgage
$350,000
Interest Rate
4.72%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 12, 2021
Sold by
Arapaho Llc Tesco
Bought by
American Pride Properties Llc
Purchase Details
Closed on
Aug 9, 2021
Sold by
South Park Grace Llc
Bought by
Arapaho Llc
Purchase Details
Closed on
Oct 22, 2010
Sold by
Aurora Loan Services Llc
Bought by
South Park Grace Llc
Purchase Details
Closed on
Aug 27, 2010
Sold by
Manchola Patrice E and Manchola Antonio
Bought by
Aurora Loan Services Llc
Purchase Details
Closed on
Mar 9, 2005
Sold by
Manchola Antonio and Manchola Patrice E
Bought by
Manchola Antonio and Manchola Patrice E
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
6.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 23, 2005
Sold by
Daco Investment Co
Bought by
Manchola Antonio and Manchola Patricia E
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
6.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 19, 2003
Sold by
Dbgc Llc
Bought by
Daco Investment Co
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 25, 2003
Sold by
Latrell Don E and Latrell Cindy L
Bought by
Dbgc Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 8, 1998
Sold by
Kempfer Charles W and Kempfer Carmelita S
Bought by
Kempfer Charles W and Kempfer Carmelita S
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Central City, AZ
-
Imelda Reyes
-
Stephanie Bray
Stephanie Bray
SERHANT.
(480) 531-8952
173 Total Sales
1 in Central City
$1,045,000 Price
-
Curtis Mitchell
Curtis Mitchell
SERHANT.
(623) 526-5355
105 Total Sales
1 in Central City
$330,000 Price
-
Janelle Pittman
Janelle Pittman
eXp Realty
(623) 253-8396
171 Total Sales
2 in Central City
$395K - $410K Price Range
-
Tiffany Pettit
Tiffany Pettit
Responds QuicklyW and Partners, LLC
(623) 439-8970
123 Total Sales
1 in Central City
$340,000 Price
-
Jami Tadda
Jami Tadda
West USA Realty
(623) 400-5503
134 Total Sales
1 in Central City
$140,000 Price
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 |
|---|---|---|---|
| $415,000 | Equity Title | ||
| American Pride Properties Llc | -- | None Listed On Document | |
| Arapaho Llc | -- | None Available | |
| South Park Grace Llc | $43,000 | North American Title Company | |
| Aurora Loan Services Llc | $190,246 | Accommodation | |
| Manchola Antonio | -- | -- | |
| Manchola Antonio | $215,000 | Capital Title Agency Inc | |
| Daco Investment Co | -- | -- | |
| Dbgc Llc | $9,500 | Fidelity National Title | |
| Kempfer Charles W | -- | -- |
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 | $365,000 | ||
| Closed | 31St Place Consortium Llc | $350,000 | |
| Previous Owner | Manchola Antonio | $172,000 | |
| Previous Owner | Dbgc Llc | $100,000 |
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 |
|---|---|---|---|---|
| 05/20/2022 05/20/22 | Sold | $415,000 | +27.7% | $165 / Sq Ft |
| 05/16/2022 05/16/22 | Pending | -- | -- | -- |
| 05/08/2022 05/08/22 | For Sale | $325,000 | -- | $130 / 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 | $1,424 | $10,023 | ||
| 2024 | $1,327 | $9,545 | ||
| 2023 | $1,327 | $33,710 | $6,740 | $26,970 |
| 2022 | $1,280 | $25,680 | $5,130 | $20,550 |
| 2021 | $1,271 | $21,020 | $4,200 | $16,820 |
| 2020 | $1,285 | $19,560 | $3,910 | $15,650 |
| 2019 | $1,283 | $16,210 | $3,240 | $12,970 |
| 2018 | $1,261 | $13,680 | $2,730 | $10,950 |
| 2017 | $1,232 | $12,070 | $2,410 | $9,660 |
| 2016 | $1,197 | $10,600 | $2,120 | $8,480 |
| 2015 | $1,107 | $10,230 | $2,040 | $8,190 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Whittle
Seller's Agent in 2022
Paul Whittle
American Allstar Realty
(480) 751-5300
2 in this area
115 Total Sales
-
Janet Love
Buyer's Agent in 2022
Janet Love
Get Multifamily
(480) 369-2369
1 in this area
6 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6396224
APN: 112-13-024
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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