NOT LISTED FOR SALE

Estimated Value: $375,000 - $543,000

-- Bed
1 Bath
1,060 Sq Ft
$411/Sq Ft Est. Value

Last Sold October 05, 2023

Last sale price $616,000 $581 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $2,381/month

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Vinyl Flooring

About This Home

As of October 2023

3 Units, Garden-Style Property, Built in 1930 & Renovated in 2023 .Unit Mix Consists of (2) 1-Bed / 1-Bath Units & (1) 2-Bed / 1-Bath Units Each Unit Features a Fully Upgraded Interior With White Quartz Countertops, Luxury Vinyl-Plank Flooring, Subway Tile Showers, Stainless Steel Appliances, & In-Suite Washer / Dryer Exterior Upgrades Include Brand New Roof & Stucco, New Windows & HVACs, Covered Parking, Ample Storage Space, & Private Backyard Area. Located Within Close Proximity to Phoenix Children's Hospital, Phoenix Country Club, Coronado Park, & Downtown Phoenix. Easy Access to Route 51 Freeway & Phoenix Sky Harbor International Airport

Last Agent to Sell the Property

Tom Palestina

ABI Multifamily License #SA688331000 Listed on: 09/01/2023

Co-Listed By

Andrew Arambula

ABI Multifamily License #SA688881000

Last Buyer's Agent

Trisha Smith

ProSmart Realty License #SA657602000

ProSmart Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,071

Year Built

  • Built in 1930

Home Design

  • Wood Frame Construction
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Vinyl Flooring

Parking

  • 5 Open Parking Spaces
  • 8 Parking Spaces
  • Carport
  • On-Street Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for electricity, trash collection, water, sewer
  • Tax Lot 48
  • Assessor Parcel Number 117-06-067

Community Details

Overview

  • 3 Units
  • Building Dimensions are 40''X150'
  • Greenfield Acres Tract 2 Subdivision

Building Details

  • Operating Expense $1,071
  • Gross Income $23,847
  • Net Operating Income $35,064

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,071

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1930
  • Tax Year: 2022
  • Co List Office Mls Id: abim01
  • Co List Office Phone: 602-714-1400
  • Subdivision Name: GREENFIELD ACRES TRACT 2
  • Cooling:Ceiling Fan(s): Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Built-In Range, Disposal, Dishwasher, Refrigerator, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: On Street, Carport
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking Features:Carport: Yes
  • Parking Features Street Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 40''X150'
  • Additional Parcels: No
  • Parcel #: 117-06-067

Multi Family

  • Owner Pays: Electricity, Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Annual Gross Income: 23847.0
  • Property Net Operating Income: 35064.0
  • Annual Operating Expense: 1071.0
  • Vacancy Allowance Rate: 0.5

Tax Info

  • Tax Annual Amount: 1071.0
  • Tax Book Number: 117.00
  • Tax Lot: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2023
Closed on
Oct 6, 2023
Sold by
Fidelity First International Llc
Bought by
Ryan Joshua Andrew and Robbins Shandi A
Seller's Agent
Tom Palestina
ABI Multifamily
Buyer's Agent
Trisha Smith
ProSmart Realty
List Price
$599,500
Sold Price
$616,000
Premium/Discount to List
$16,500
2.75%
Views
21
Current Estimated Value
$435,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$180,596
Avg. Annual Appreciation
-14.84%
Original Mortgage
$629,244
Outstanding Balance
$617,125
Interest Rate
7.23%
Mortgage Type
VA
Estimated Equity
-$181,721

Purchase Details

Listed on
Sep 1, 2023
Closed on
Sep 18, 2023
Sold by
Fidelity 1St International Llc and Ff Equity Llc
Bought by
Ryan Joshua Andrew and Robbins Shandi A
Seller's Agent
Tom Palestina
ABI Multifamily
Buyer's Agent
Trisha Smith
ProSmart Realty
List Price
$599,500
Sold Price
$616,000
Premium/Discount to List
$16,500
2.75%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$629,244
Outstanding Balance
$617,125
Interest Rate
7.23%
Mortgage Type
VA
Estimated Equity
-$181,721

Purchase Details

Listed on
Sep 16, 2022
Closed on
Feb 28, 2023
Sold by
Catano Daniel
Bought by
Fidelity First International Llc
Seller's Agent
Ben Marquez
eXp Realty
Buyer's Agent
James Yancey
Gentry Real Estate
List Price
$300,000
Sold Price
$250,000
Premium/Discount to List
-$50,000
-16.67%
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
349.50%
Original Mortgage
$351,000
Interest Rate
6.33%
Mortgage Type
Construction
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
Ryan Joshua Andrew $616,000 Equity Title Agency
Ryan Joshua Andrew $616,000 Equity Title Agency
Fidelity First International Llc $250,000 Az Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryan Joshua Andrew $629,244
Closed Ryan Joshua Andrew $629,244
Previous Owner Fidelity First International Llc $351,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/05/2023 10/05/23 Sold $616,000 +2.8% $581 / Sq Ft
10/02/2023 10/02/23 Price Changed $599,500 0.0% $566 / Sq Ft
10/02/2023 10/02/23 For Sale $599,500 0.0% $566 / Sq Ft
09/29/2023 09/29/23 Off Market $599,500 -- --
09/01/2023 09/01/23 For Sale $599,500 +139.8% $566 / Sq Ft
02/27/2023 02/27/23 Sold $250,000 -16.7% $208 / Sq Ft View Prior Sale
11/03/2022 11/03/22 For Sale $300,000 0.0% $250 / Sq Ft
11/03/2022 11/03/22 Price Changed $300,000 -11.8% $250 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
11/01/2022 11/01/22 For Sale $340,000 0.0% $283 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
09/15/2022 09/15/22 For Sale $340,000 -- $283 / 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 $1,178 $9,859 -- --
2024 $1,267 $9,389 -- --
2023 $1,267 $25,650 $5,130 $20,520
2022 $1,071 $20,310 $4,060 $16,250
2021 $1,111 $16,900 $3,380 $13,520
2020 $1,083 $15,570 $3,110 $12,460
2019 $1,076 $11,950 $2,390 $9,560
2018 $1,053 $9,360 $1,870 $7,490
2017 $1,010 $8,780 $1,750 $7,030
2016 $462 $5,560 $1,110 $4,450
2015 $431 $4,760 $950 $3,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6600066

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-06-067