$214,900
SOLD FEB 15, 2017

1736 W Sherman St Phoenix, AZ 85007

Central City Neighborhood
-- Bed
-- Bath
1,500 Sq Ft
7,013 Sq Ft Lot

Recently Sold

$143 Per Sq Ft

134 Days on Market

Highlights

  • Central Air
  • Phoenix Coding Academy Rated A
  • Heating System Uses Natural Gas

About This Home

As of September 2024

Terrific investment opportunity. Updated 4-plex that's fully rented. Two buildings with 4 units have newer AC units, newer ''40 year'' roof and much more. Updated patios, sidewalks and common areas. Updated front gate & mailbox. Unit 4 updated 2015. More details & records available.

Last Agent to Sell the Property

David Mendel

eXp Realty License #SA516914000 Listed on: 09/20/2016

eXp Realty

Last Buyer's Agent

David Mendel

My Home Group Real Estate License #SA516914000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $822

Year Built

  • Built in 1960

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Capitol Elementary School
  • Phoenix Prep Academy Middle School
  • Central High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 159
  • Assessor Parcel Number 112-09-161

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 50X140
  • Wise Add Subdivision

Building Details

  • Operating Expense $4,902
  • Gross Income $23,100
  • Net Operating Income $19,010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$822

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: 19th Avenue & Buckeye
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 2
  • Year Built: 1960
  • Tax Year: 2015
  • Directions: North to Sherman Street, east to property (north side of street).
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: WISE ADD
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Boundary Survey Avlb
  • Construction Type: Painted, Block
  • Roof: See Remarks, Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 3900.0

Schools

  • Elementary School: Capitol Elementary School
  • High School: Central High School
  • Middle Or Junior School: Phoenix Prep Academy

Lot Info

  • Lot Size: 50X140
  • Additional Parcels: No
  • Parcel #: 112-09-161

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 180.0
  • Annual Gross Income: 23100.0
  • Property Net Operating Income: 19010.0
  • Annual Operating Expense: 4902.0

Tax Info

  • Tax Annual Amount: 822.0
  • Tax Book Number: 112.00
  • Tax Lot: 159

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Sep 5, 2024
Sold by
Deer Creek Properties Llc
Bought by
Havasim Rentals Llc and Havasim Property Management Llc
Seller's Agent
David Mendel
eXp Realty
Buyer's Agent
Tiffany Hendricks
My Rental Superstore
List Price
$749,900
Sold Price
$749,900
Views
2
Current Estimated Value
$718,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,546
Avg. Annual Appreciation
-3.08%

Purchase Details

Listed on
Sep 20, 2016
Closed on
Feb 8, 2017
Sold by
Ledbetter James M
Bought by
Deer Creek Properties Llc
Seller's Agent
David Mendel
eXp Realty
Buyer's Agent
David Mendel
eXp Realty
List Price
$214,900
Sold Price
$214,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.85%

Purchase Details

Closed on
Jun 22, 2007
Sold by
Ledbetter Sharon Louise
Bought by
Ledbetter James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,001
Interest Rate
6.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 1998
Sold by
Ledbetter Mae E
Bought by
Ledbetter James M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $749,900 Grand Canyon Title
Cash Sale Deed $214,900 Grand Canyon Title Agency
Interfamily Deed Transfer -- Fidelity Natl Title Ins Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $350,000 New Conventional
Previous Owner $225,000 New Conventional
Previous Owner $208,001 New Conventional
Previous Owner $100,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2024 09/25/24 Sold $749,900 0.0% $500 / Sq Ft
08/17/2024 08/17/24 Pending -- -- --
08/14/2024 08/14/24 For Sale $749,900 +249.0% $500 / Sq Ft
02/15/2017 02/15/17 Sold $214,900 0.0% $143 / Sq Ft
01/31/2017 01/31/17 Pending -- -- --
09/19/2016 09/19/16 For Sale $214,900 -- $143 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

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 $995 $7,440 -- --
2024 $985 $7,086 -- --
2023 $985 $32,420 $6,480 $25,940
2022 $950 $24,820 $4,960 $19,860
2021 $943 $19,970 $3,990 $15,980
2020 $954 $16,280 $3,250 $13,030
2019 $952 $14,510 $2,900 $11,610
2018 $936 $10,900 $2,180 $8,720
2017 $915 $10,350 $2,070 $8,280
2016 $888 $8,500 $1,700 $6,800
2015 $822 $8,600 $1,720 $6,880
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    David Mendel

    eXp Realty

  • T

    Buyer's Agent in 2024

    Tiffany Hendricks

    My Rental Superstore

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5499555

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-09-161

Arizona Maricopa County Phoenix 85007 Central City

1736 W Sherman St, Phoenix, AZ

This home is located at 1736 W Sherman St, Phoenix, AZ 85007 and is currently priced at $214,900, approximately $143 per square foot. This property was built in 1960. 1736 W Sherman St is a home located in Maricopa County with nearby schools including Mary Mcleod Bethune School, Phoenix Coding Academy, and Central High School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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