NOT LISTED FOR SALE

1808 E Yale St Phoenix, AZ 85006

Central City Neighborhood

Estimated Value: $516,000 - $1,308,743

Studio
4 Baths
3,191 Sq Ft
$283/Sq Ft Est. Value

Sale Details

Date Sold: November 29, 2023

Last sale price $1,290,000 $404 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $4,959 / mo

87 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Phoenix Coding Academy Rated A
  • Central Heating

About This Home

As of November 2023

Fully operating short term rental with IMPRESSIVE numbers & great property manager. All furniture and finishes included. 4 separate buildings on 24,000 sf lot. Lot is 85 x 282, so based on rough calculations, and city confirms, between 8-9 units could be built pending approvals from city. Access from 2 streets Virginia Ave & Yale. Could split lot. So many options. Unique Opportunity. NO HOA. Main house 1342sf 3-bed/2-bath , Unit 2 540sf 2 bed/1 bath, Unit 3 & 4 507sf 1bed/1bath casitas. Each unit has a their own fenced in backyard. Property Manager 10% and does a great job. You are not just buying the real estate, you are buying a fully operating Airbnb. Check out the financials. Near 5 major hospital. Ideal location for Traveling Nurses. Could build more units

Last Agent to Sell the Property

Lauren Rosin

eXp Realty License #BR558852000 Listed on: 07/12/2023

eXp Realty

Co-Listed By

John Galaviz

eXp Realty License #BR673471000

Last Buyer's Agent

Claire Gladstein

Jason Mitchell Real Estate License #SA574603000

Jason Mitchell Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,027

Year Built

  • Built in 1925

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 16 Open Parking Spaces
  • 18 Parking Spaces
  • 3 Covered Spaces
  • Over 1 Space Per Unit
  • Paved Parking
  • Assigned Parking

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 36
  • Assessor Parcel Number 117-06-026

Community Details

Overview

  • 4 Buildings
  • 4 Units
  • Building Dimensions are 85 x 282
  • Greenfield Acres Tract 2 Subdivision

Building Details

  • Operating Expense $24,661
  • Gross Income $120,000
  • Net Operating Income $87,993

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,027

Year Built

Built in 1925

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: N 16th St & E Thomas Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 4
  • Ownership: Fee Simple
  • Year Built: 1925
  • Tax Year: 2022
  • Road Surface Type: Asphalt
  • Professional Management Expense: 12000.0
  • Co List Office Mls Id: xpre22
  • Co List Office Phone: 480-420-4455
  • Subdivision Name: GREENFIELD ACRES TRACT 2
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: Free-Standing Range, Disposal, Refrigerator, Microwave, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.5
  • Parking Features: Paved, Assigned, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 16.0
  • Total Parking Spaces: 18.0
  • General Property Description:Covered Parking Spcs: 2.5
  • General Property Description:Uncvrd Parking Spcs: 16.0
  • General Property Description:Total Parking Spcs: 18.0
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Paved2: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Interior Amenities:Drapes2: Yes
  • Interior Amenities:Furnished: Yes

Fee Information

  • Annual Fuel Expense: 840.0
  • Annual Water Sewer Expense: 1524.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 85 x 282
  • Additional Parcels: No
  • Parcel #: 117-06-026

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Electric Expense: 3270.0
  • Annual Gross Income: 120000.0
  • Insurance Expense: 3600.0
  • Property Net Operating Income: 87992.67
  • Annual Operating Expense: 24661.0

Tax Info

  • Tax Annual Amount: 1027.0
  • Tax Book Number: 117.00
  • Tax Lot: 36

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
Jul 12, 2023
Closed on
Nov 29, 2023
Sold by
Bought by
Seller's Agent
Lauren Rosin
eXp Realty
Buyer's Agent
Claire Gladstein
Jason Mitchell Real Estate
List Price
$1,290,000
Sold Price
$1,290,000
Views
24
Current Estimated Value
$902,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$387,314
Avg. Annual Appreciation
-12.69%
Original Mortgage
$1,161,000
Interest Rate
0.0763%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2022
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
$40,000
Interest Rate
0.0566%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2021
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
$300,000
Interest Rate
0.0273%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2021
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
$300,000
Interest Rate
0.0273%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2014
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
$100,000
Interest Rate
0.0383%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 6, 2013
Sold by
Bought by

Purchase Details

Closed on
Dec 11, 2001
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
$72,000
Interest Rate
0.0657%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
$1,290,000 Lawyers Title Of Arizona
$790,000 Empire Title Company Ltd
-- None Available
$400,000 Commonwealth Land Ttl Ins Co
-- Intravest Title Agency Inc
-- Lawyers Title Of Arizona Inc
$90,000 --
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 $1,161,000
Previous Owner $787,000
Previous Owner $40,000
Previous Owner $632,000
Previous Owner $300,000
Previous Owner $100,000
Previous Owner $70,000
Previous Owner $72,000
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
11/29/2023 11/29/23 Sold $1,290,000 0.0% $404 / Sq Ft
10/09/2023 10/09/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $1,290,000 -- $404 / 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 $994 $8,316
2024 $1,069 $7,920
2023 $1,069 $40,500 $8,100 $32,400
2022 $1,027 $33,100 $6,620 $26,480
2021 $1,052 $27,420 $5,480 $21,940
2020 $1,026 $25,450 $5,090 $20,360
2019 $1,019 $18,160 $3,630 $14,530
2018 $998 $13,500 $2,700 $10,800
2017 $959 $12,980 $2,590 $10,390
2016 $922 $9,720 $1,940 $7,780
2015 $858 $8,110 $1,620 $6,490
Source: Public Records

Agents Affiliated with this Home

  • Lauren Rosin

    Seller's Agent in 2023

    Lauren Rosin

    eXp Realty

    (480) 744-4604

    5 in this area

    646 Total Sales

    Lauren Rosin
    Section Image
  • John Galaviz

    Seller Co-Listing Agent in 2023

    John Galaviz

    eXp Realty

    (623) 215-5659

    4 in this area

    123 Total Sales

    John Galaviz
    Section Image
  • Claire Gladstein

    Buyer's Agent in 2023

    Claire Gladstein

    Jason Mitchell Real Estate

    (602) 373-6287

    2 in this area

    127 Total Sales

    Claire Gladstein
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6579638

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-06-026

Arizona Maricopa County Phoenix 85006 Central City

1808 E Yale St, Phoenix, AZ

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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