NOT LISTED FOR SALE

Estimated Value: $420,000 - $623,178

1 Bed
1 Bath
973 Sq Ft
$512/Sq Ft Est. Value

Last Sold November 15, 2023

Last sale price $585,000 $601 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $2,682/month

63 Days on Market

Highlights

  • RV or Boat Parking
  • Central Air
  • Heating unit installed on the ceiling
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

As of November 2023

Fully remodeled 2 bedroom 1 bath house plus a separate studio casita on almost 1/3 Acre double lot. You could easily split the lot into to 2 properties or build more rental units on this huge property. New roof, bathrooms, kitchens, flooring, ceiling fans and a tankless water heater. Also has dual pane windows, white shaker soft close cabinets, concrete countertops and stainless-steel appliances. All work completed by a licensed General Contractor.
Property has 3 R/V gates with lots of separate parking for each unit. Previous owner also had 3 RV's hooked up on site for additional income. This is a great investment with the 2 hospitals near by the rental rates are really high and easy to rent in this area also could always be used as an AirBnB.

Last Agent to Sell the Property

Joshua Brown

HomeSmart License #SA659325000 Listed on: 08/13/2023

HomeSmart

Last Buyer's Agent

Joshua Brown

HomeSmart License #SA659325000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $940

Year Built

  • Built in 1935

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • RV or Boat Parking

Utilities

  • Central Air
  • Heating unit installed on the ceiling

Listing and Financial Details

  • Legal Lot and Block 20 / 1
  • Assessor Parcel Number 117-15-063

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 128.45x99.97
  • Ronalds Park Subdivision

Building Details

  • Operating Expense $940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$940

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Cross Street: 16th Street and Mcdowell
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R1-6
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1935
  • Tax Year: 2022
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: RONALDS PARK
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: W/D Hookup
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: RV Access/Parking, Add'l Parking Avail
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking Features RVBoat Parking2: Yes

Utilities

  • Electric: APS
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric, Ceiling
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Ceiling: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 128.45x99.97
  • Additional Parcels: No
  • Parcel #: 117-15-063

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 2
  • Annual Operating Expense: 940.0

Tax Info

  • Tax Annual Amount: 940.0
  • Tax Block: 1
  • Tax Book Number: 117.00
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2024
Sold by
Evans Dove Nelson Fish & Grier Plc
Bought by
Thomson Alexander
Current Estimated Value
$498,545

Purchase Details

Listed on
Aug 13, 2023
Closed on
Nov 16, 2023
Sold by
Thomson Alexander
Bought by
Castro Lupe
Seller's Agent
Joshua Brown
HomeSmart
Buyer's Agent
Joshua Brown
HomeSmart
List Price
$549,000
Sold Price
$585,000
Premium/Discount to List
$36,000
6.56%
Views
121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.10%
Original Mortgage
$535,000
Interest Rate
7.49%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Aug 13, 2023
Closed on
Oct 16, 2023
Sold by
Er Entrepreneurs Llc
Bought by
Thomson Alexander
Seller's Agent
Joshua Brown
HomeSmart
Buyer's Agent
Joshua Brown
HomeSmart
List Price
$549,000
Sold Price
$585,000
Premium/Discount to List
$36,000
6.56%
Views
121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
7.49%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Apr 26, 2022
Closed on
May 5, 2022
Sold by
Emprise Holdings Llc
Bought by
Er Entrepreneurs Llc
Seller's Agent
Heidi Murri
Realty ONE Group
Buyer's Agent
Elayna Young
Keller Williams Integrity First
List Price
$325,000
Sold Price
$335,000
Premium/Discount to List
$10,000
3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.31%
Original Mortgage
$418,500
Interest Rate
4.42%

Purchase Details

Listed on
Apr 26, 2022
Closed on
Apr 11, 2022
Sold by
Irving Collado David
Bought by
Emprise Holdings Llc
Seller's Agent
Heidi Murri
Realty ONE Group
Buyer's Agent
Elayna Young
Keller Williams Integrity First
List Price
$325,000
Sold Price
$335,000
Premium/Discount to List
$10,000
3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,500
Interest Rate
4.42%

Purchase Details

Listed on
Jan 6, 2014
Closed on
Jul 18, 2014
Sold by
American Housing & Assistance Providers
Bought by
Collado David I
Seller's Agent
Rodrigo Moreno
GPS AZ Real Estate
Buyer's Agent
Ed Green
US Preferred Realty
List Price
$130,000
Sold Price
$109,000
Premium/Discount to List
-$21,000
-16.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.63%
Original Mortgage
$107,025
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Listed on
May 28, 2013
Closed on
Jun 28, 2013
Sold by
Alcaraz Leobardo Federico
Bought by
American Housing & Assistance Providers
Seller's Agent
Juan Aguilar
Circle N Realty
Buyer's Agent
Juan Aguilar
Circle N Realty
List Price
$45,000
Sold Price
$45,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
118.78%
Original Mortgage
$36,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2009
Sold by
American Housing & Assistance Providers
Bought by
Alcaraz Leobardo Federico

Purchase Details

Closed on
Jun 22, 2007
Sold by
Alcaraz Leobardo Federico
Bought by
American Housing & Assistance Providers

Purchase Details

Closed on
May 10, 2006
Sold by
Alcaraz Leobardo and Alcaraz Lopez Leobardo
Bought by
Alcaraz Leobardo Federico

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2004
Sold by
Alcaraz Ibarra Brenda
Bought by
Alcaraz Leobardo and Alcaraz Lopez Leobardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 1999
Sold by
Morales Jesus and Morales Cecilia
Bought by
Alcaraz Leobardo and Alcaraz Ibarra Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,200
Interest Rate
10.37%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 20, 1994
Sold by
Morales Jesus and Morales Cecilia
Bought by
Morales Jesus and Morales Cecilia
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

Date Buyer Sale Price Title Company
Thomson Alexander $599,381 None Listed On Document
Castro Lupe $585,000 Navi Title Agency
Thomson Alexander -- Pioneer Title Services
Er Entrepreneurs Llc $335,000 New Title Company Name
Emprise Holdings Llc $227,500 Clear Title
Collado David I $109,000 Dhi Title Agency
American Housing & Assistance Providers $45,000 Security Title Agency
Alcaraz Leobardo Federico -- None Available
American Housing & Assistance Providers $210,000 None Available
Alcaraz Leobardo Federico $190,000 Security Title Agency Inc
Alcaraz Leobardo -- Camelback Title Agency Llc
Alcaraz Leobardo $68,000 Fidelity Title
Morales Jesus -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castro Lupe $535,000
Previous Owner Thomson Alexander $438,900
Previous Owner Er Entrepreneurs Llc $418,500
Previous Owner Emprise Holdings Llc $227,000
Previous Owner Collado David I $107,025
Previous Owner American Housing & Assistance Providers $36,000
Previous Owner Alcaraz Leobardo Federico $171,000
Previous Owner Alcaraz Leobardo $90,000
Previous Owner Alcaraz Leobardo $61,200
Closed Alcaraz Leobardo $5,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2023 11/15/23 Sold $585,000 0.0% $601 / Sq Ft
09/15/2023 09/15/23 Off Market $585,000 -- --
09/08/2023 09/08/23 Price Changed $539,000 -1.8% $554 / Sq Ft
08/13/2023 08/13/23 For Sale $549,000 +63.9% $564 / Sq Ft
05/09/2022 05/09/22 Sold $335,000 +3.1% $266 / Sq Ft View Prior Sale
04/26/2022 04/26/22 For Sale $325,000 +198.2% $258 / Sq Ft
08/18/2014 08/18/14 Sold $109,000 +0.5% $87 / Sq Ft View Prior Sale
06/16/2014 06/16/14 Pending -- -- --
05/23/2014 05/23/14 Price Changed $108,500 -2.2% $87 / Sq Ft
05/01/2014 05/01/14 Price Changed $110,900 -3.5% $89 / Sq Ft
03/24/2014 03/24/14 Price Changed $114,900 -4.2% $92 / Sq Ft
02/14/2014 02/14/14 Price Changed $119,900 -3.7% $96 / Sq Ft
02/01/2014 02/01/14 Price Changed $124,500 -4.2% $99 / Sq Ft
01/06/2014 01/06/14 For Sale $130,000 +188.9% $104 / Sq Ft
07/01/2013 07/01/13 Sold $45,000 0.0% $36 / Sq Ft View Prior Sale
05/18/2013 05/18/13 For Sale $45,000 -- $36 / 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 $909 $7,611 -- --
2024 $978 $7,249 -- --
2023 $978 $27,310 $5,460 $21,850
2022 $940 $22,050 $4,410 $17,640
2021 $858 $19,680 $3,930 $15,750
2020 $836 $17,270 $3,450 $13,820
2019 $831 $14,550 $2,910 $11,640
2018 $813 $10,770 $2,150 $8,620
2017 $780 $9,500 $1,900 $7,600
2016 $748 $7,700 $1,540 $6,160
2015 $697 $6,860 $1,370 $5,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6592143

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-15-063