NOT LISTED FOR SALE

Estimated Value: $649,000 - $716,530

Studio
-- Bath
2,270 Sq Ft
$302/Sq Ft Est. Value

Sale Details

Date Sold: December 14, 2020

Last sale price $550,000 $242 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,013 / mo

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of December 2020

Great block constructed single story 4-plex neighbor downtown Phoenix and next to Coronado historically district. Nice mix of one and two bedroom units (50/50). Property has lows rents for the area so great upside. Unit #1 was just renovated (new paint, ceramic tile flooring, shower surround and vanity.

Last Agent to Sell the Property

Adam Lee

My Home Group Real Estate License #SA567325000 Listed on: 10/29/2020

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,157

Year Built

  • Built in 1971

Lot Details

  • 7,492

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Concrete
  • Vinyl

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • On-Street Parking

Utilities

  • Cooling Available
  • Heat Pump System
  • Separate Meters

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for water, sewer, landscaping
  • Legal Lot and Block 19 / 4
  • Assessor Parcel Number 117-16-082

Community Details

Overview

  • 4 Units
  • Building Dimensions are 60 x 125
  • Mcdowell Manors Subdivision

Building Details

  • Operating Expense $6,122
  • Gross Income $20,463
  • Net Operating Income $14,458

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,157

Year Built

Built in 1971

Lot Details

7,492 Sq Ft Lot

Listing Details

  • Cross Street: 17TH ST AND MCDOWELL. NORTH TO ALMERIA
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1971
  • Tax Year: 2020
  • Road Surface Type: Treated
  • Subdivision Name: MCDOWELL MANORS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl, Concrete
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Street Parking, Common
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2400.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 60 x 125
  • Additional Parcels: No
  • Parcel #: 117-16-082

Multi Family

  • Owner Pays: Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 20463.0
  • Insurance Expense: 928.0
  • Maintenance Expense: 1637.0
  • Property Net Operating Income: 14458.0
  • Annual Operating Expense: 6122.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1157.0
  • Tax Block: 4
  • Tax Book Number: 117.00
  • Tax Lot: 19

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
Oct 29, 2020
Closed on
Nov 30, 2020
Sold by
Bought by
Seller's Agent
Adam Lee
My Home Group Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$560,000
Sold Price
$550,000
Premium/Discount to List
-$10,000
-1.79%
Current Estimated Value
$723,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,392
Avg. Annual Appreciation
4.02%
Original Mortgage
$355,000
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,306
Interest Rate
0.0362%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 28, 2016
Closed on
Dec 19, 2016
Sold by
Bought by
Seller's Agent
David Gudmundsen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Michael Collins
DeLex Realty
List Price
$214,900
Sold Price
$202,000
Premium/Discount to List
-$12,900
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.67%

Purchase Details

Closed on
Aug 10, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
0.0341%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,425
Interest Rate
0.0488%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2010
Sold by
Bought by

Purchase Details

Closed on
Nov 4, 2009
Sold by
Bought by

Purchase Details

Closed on
Jul 7, 2008
Sold by
Bought by

Purchase Details

Closed on
Jul 13, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
0.0551%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 16, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
0.0551%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 1, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
0.0551%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 4, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,800
Interest Rate
0.0687%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,900
Interest Rate
0.056%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,900
Interest Rate
0.056%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,480
Interest Rate
0.0589%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 1997
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$550,000 New Title Company Name
$480,000 First American Title Ins Co
$202,000 First American Title Ins Co
$152,500 Lawyers Title Of Arizona Inc
$89,900 American Title Service Agenc
-- American Title Service Agenc
$48,126 First American Title Ins Co
$60,000 Accommodation
-- None Available
-- Capital Title Agency Inc
$301,000 Capital Title Agency Inc
-- Capital Title Agency Inc
-- Nations Title Agency
-- Nations Title Agency
-- Nations Title Agency
-- Guaranty Title Agency
$199,900 Guaranty Title Agency
$158,100 Guaranty Title Agency
-- First American Title
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
Closed $355,000
Closed $471,306
Closed $120,000
Closed $67,425
Closed $15,000
Closed $240,800
Closed $240,800
Closed $179,900
Closed $179,900
Closed $126,480
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 Prior Sale
12/14/2020 12/14/20 Sold $550,000 -1.8% $242 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $560,000 +177.2% $247 / Sq Ft
01/05/2017 01/05/17 Sold $202,000 -6.0% $89 / Sq Ft View Prior Sale
11/29/2016 11/29/16 Pending -- -- --
11/28/2016 11/28/16 For Sale $214,900 -- $95 / 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 $1,266 $9,373 -- --
2024 $1,204 $8,926 -- --
2023 $1,204 $50,080 $10,010 $40,070
2022 $1,157 $36,510 $7,300 $29,210
2021 $1,185 $23,470 $4,690 $18,780
2020 $1,157 $20,160 $4,030 $16,130
2019 $1,148 $17,080 $3,410 $13,670
2018 $1,125 $12,920 $2,580 $10,340
2017 $1,081 $11,480 $2,290 $9,190
2016 $1,040 $11,310 $2,260 $9,050
2015 $967 $9,670 $1,930 $7,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6153584

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-16-082

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