NOT LISTED FOR SALE

Estimated Value: $496,000 - $680,429

2 Beds
-- Bath
1,273 Sq Ft
$443/Sq Ft Est. Value

Last Sold December 22, 2020

Last sale price $424,000 $333 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,132/month

109 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of December 2020

Super quaint Value-Add property located in the heart of the Coronado Historic Dist. 2 move-in ready homes with 2 fully permitted detached workshop/art studios in the rear which have toilet, shower, kitchenette plus climate control. The property also includes 2 large laundry rooms with loads of storage for all onsite. Walking distance to Coronado Park, charming neighborhood bodega's, Banner University Medical Center and Downtown Phoenix accessible in minutes. Ideal for an owner occupant with tenants that pay your mortgage. All units available for viewing.

Last Agent to Sell the Property

Kimberly De la Vega

R.O.I. Properties License #SA548313000 Listed on: 08/05/2020

Last Buyer's Agent

Bianca Lauderdale

Apartment & Home Solutions License #SA653960000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,570

Year Built

  • Built in 1922

Lot Details

  • 6,490

Home Design

  • Brick Exterior Construction
  • Composition Roof

Flooring

  • Wood
  • Concrete

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Paved Parking
  • On-Street Parking

Schools

  • Ralph Waldo Emerson Elementary School
  • North High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV, landscaping
  • The owner pays for trash collection, water, sewer
  • Tax Lot 5
  • Assessor Parcel Number 117-25-072

Community Details

Overview

  • 4 Buildings
  • 2 Units
  • Building Dimensions are 50 x 131
  • Homewood Tract Subdivision Of Lot 5 Amd

Building Details

  • Operating Expense $1,570

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,570

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Cross Street: 12th St & McDowell
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 4
  • Ownership: Fee Simple
  • Year Built: 1922
  • Tax Year: 2019
  • Road Surface Type: Asphalt
  • Subdivision Name: HOMEWOOD TRACT SUBDIVISION OF LOT 5 AMD
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood, Concrete
  • Appliances: BI Oven/Range, Washer/Dryer
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Brick Veneer, Painted, Brick
  • Roof: Composition

Garage/Parking

  • Parking Features: Paved Parking, >1 Space Per Unit, Street Parking
  • Attached Garage: No
  • 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:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Window/Wall Unit, Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: Ralph Waldo Emerson Elementary School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Ralph Waldo Emerson Elementary School

Lot Info

  • Lot Size: 50 x 131
  • Additional Parcels: No
  • Parcel #: 117-25-072

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Operating Expense: 1570.0

Tax Info

  • Tax Annual Amount: 1570.0
  • Tax Book Number: 117.00
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2020
Closed on
Dec 17, 2020
Sold by
Abbra Llc
Bought by
Burkshartsmeyer Jeffrey M
Seller's Agent
Kimberly De la Vega
R.O.I. Properties
Buyer's Agent
Bianca Lauderdale
Apartment & Home Solutions
List Price
$434,000
Sold Price
$424,000
Premium/Discount to List
-$10,000
-2.3%
Current Estimated Value
$564,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,107
Avg. Annual Appreciation
5.96%
Original Mortgage
$416,320
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 14, 2016
Closed on
Nov 8, 2016
Sold by
Fitzsimmons Tamarah
Bought by
Abbra Llc
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Terra Billingsley
HomeSmart
List Price
$239,900
Sold Price
$220,000
Premium/Discount to List
-$19,900
-8.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.45%

Purchase Details

Closed on
Oct 31, 2000
Sold by
Rudiger Walter
Bought by
Rudiger Walt and The Walt Rudiger Trust

Purchase Details

Closed on
Sep 10, 1999
Sold by
Richert Leon and Richert Violet
Bought by
Rudiger Walter
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Date Buyer Sale Price Title Company
Burkshartsmeyer Jeffrey M $424,000 Grand Canyon Title Agency
Abbra Llc $220,000 Grand Canyon Title Agency
Rudiger Walt -- --
Rudiger Walter $55,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burkshartsmeyer Jeffrey M $416,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2020 12/22/20 Sold $424,000 0.0% $333 / Sq Ft
11/22/2020 11/22/20 Pending -- -- --
11/18/2020 11/18/20 Price Changed $424,000 -2.3% $333 / Sq Ft
11/06/2020 11/06/20 For Sale $434,000 0.0% $341 / Sq Ft
11/06/2020 11/06/20 Price Changed $434,000 +2.4% $341 / Sq Ft
11/04/2020 11/04/20 Off Market $424,000 -- --
10/17/2020 10/17/20 Price Changed $435,000 -3.1% $342 / Sq Ft
09/23/2020 09/23/20 Price Changed $449,000 -2.4% $353 / Sq Ft
09/11/2020 09/11/20 Price Changed $459,900 -1.9% $361 / Sq Ft
09/09/2020 09/09/20 For Sale $469,000 +10.6% $368 / Sq Ft
09/02/2020 09/02/20 Off Market $424,000 -- --
09/02/2020 09/02/20 Price Changed $469,000 -2.7% $368 / Sq Ft
08/12/2020 08/12/20 Price Changed $482,000 -2.6% $379 / Sq Ft
08/05/2020 08/05/20 For Sale $495,000 +125.0% $389 / Sq Ft
11/22/2016 11/22/16 Sold $220,000 -8.3% $173 / Sq Ft View Prior Sale
10/20/2016 10/20/16 Pending -- -- --
09/14/2016 09/14/16 For Sale $239,900 -- $188 / 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 $1,839 $12,943 -- --
2024 $1,714 $12,327 -- --
2023 $1,714 $41,410 $8,280 $33,130
2022 $1,557 $30,950 $6,190 $24,760
2021 $1,552 $28,080 $5,610 $22,470
2020 $1,572 $21,820 $4,360 $17,460
2019 $1,570 $18,820 $3,760 $15,060
2018 $1,543 $14,930 $2,980 $11,950
2017 $1,498 $14,650 $2,930 $11,720
2016 $1,456 $12,430 $2,480 $9,950
2015 $1,337 $13,020 $2,600 $10,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6113157

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-25-072