NOT LISTED FOR SALE

Estimated Value: $240,000 - $463,000

Studio
1 Bath
560 Sq Ft
$616/Sq Ft Est. Value

Sale Details

Date Sold: February 2, 2022

Last sale price $525,000 $938 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $2,008 / mo

3 Days on Market

Highlights

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

About This Home

As of February 2022

Fantastic opportunity to own this duplex home located near restaurants, shopping spots, schools & entertainment. Offering so much potential for your landscape ideas. You can live in one house and the other can be rented out. Both homes have everything you have been looking for. Enter to discover carpet in all the right places, neutral palette, perfectly sized bedrooms & a fully equipped kitchen w/recessed lighting, white shaker cabinets, SS appliances & plenty of counter space for all your cooking needs. Out the back you have so much space to get creative and make it your own. Do not miss this incredible opportunity. Call now before this gem is gone!

Last Agent to Sell the Property

Shawn Vaughn

eXp Realty License #SA665911000 Listed on: 12/31/2021

eXp Realty

Last Buyer's Agent

Jonathan Sawyer

HomeSmart License #147048430

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $262

Year Built

  • Built in 1955

Lot Details

  • 7,275

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Paved Parking

Schools

  • Roosevelt Elementary School
  • South Mountain High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 112
  • Assessor Parcel Number 122-32-112

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 7,279 sqft
  • Progress Place Subdivision

Building Details

  • Operating Expense $262

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$262

Year Built

Built in 1955

Lot Details

7,275 Sq Ft Lot

Listing Details

  • Cross Street: University Dr & 16th St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1955
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Subdivision Name: PROGRESS PLACE
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Disposal, Refrigerator, Microwave, W/D Hookup
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Paved
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features:Paved2: Yes

Utilities

  • Electric: SRP
  • 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

  • Elementary School: Roosevelt Elementary School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Roosevelt Elementary School

Lot Info

  • Lot Size: 7,279 sqft
  • Additional Parcels: No
  • Parcel #: 122-32-112

Multi Family

  • Owner Pays: See Remarks
  • Number Of Units Total: 2
  • Annual Operating Expense: 262.0

Tax Info

  • Tax Annual Amount: 262.0
  • Tax Book Number: 122.00
  • Tax Lot: 112

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
Dec 31, 2021
Closed on
Jan 13, 2022
Sold by
Bought by
Seller's Agent
Shawn Vaughn
eXp Realty
Buyer's Agent
Jonathan Sawyer
HomeSmart
List Price
$549,900
Sold Price
$525,000
Premium/Discount to List
-$24,900
-4.53%
Current Estimated Value
$345,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$179,826
Avg. Annual Appreciation
-8.90%
Original Mortgage
$393,750
Interest Rate
0.0356%

Purchase Details

Listed on
Aug 25, 2021
Closed on
Aug 31, 2021
Sold by
Bought by
Seller's Agent
Jason Penrose
eXp Realty
Buyer's Agent
Jason Penrose
eXp Realty
List Price
$199,000
Sold Price
$175,000
Premium/Discount to List
-$24,000
-12.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1458.85%
Original Mortgage
$157,500
Interest Rate
0.028%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 21, 2004
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
$525,000 None Listed On Document
$175,000 Navi Title Agency Pllc
-- --
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 $393,750
Previous Owner $157,500
Previous Owner $7,586
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
02/02/2022 02/02/22 Sold $525,000 -4.5% $938 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
12/31/2021 12/31/21 For Sale $549,900 +214.2% $982 / Sq Ft
09/08/2021 09/08/21 Sold $175,000 -12.1% $184 / Sq Ft View Prior Sale
08/26/2021 08/26/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $199,000 -- $209 / 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 $1,340 $13,260
2024 $1,892 $12,628
2023 $1,892 $21,100 $4,220 $16,880
2022 $285 $11,460 $2,290 $9,170
2021 $262 $9,500 $1,900 $7,600
2020 $259 $8,060 $1,610 $6,450
2019 $250 $6,030 $1,200 $4,830
2018 $243 $5,280 $1,050 $4,230
2017 $227 $4,130 $820 $3,310
2016 $215 $3,180 $630 $2,550
2015 $200 $2,430 $480 $1,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6336604

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-32-112

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