NOT LISTED FOR SALE

1908 W Lawrence Rd Unit 1 & 2 Phoenix, AZ 85015

Alhambra Neighborhood

Estimated Value: $750,937

6 Beds
4 Baths
2,332 Sq Ft
$322/Sq Ft Est. Value

Last Sold April 08, 2024

Last sale price $745,000 $319 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,524/month

6 Days on Market

Highlights

  • Multiple cooling system units
  • Ceramic Tile Flooring
  • ENERGY STAR Qualified Equipment for Heating
  • Washington High School Rated A-
  • Ceiling Fan
  • Heating Available

About This Home

As of April 2024

2 year old DUPLEX in a great PHX location just steps away from the light rail. Each unit has 3 beds & 2 baths a spacious open floor plan with tile throughout. Kitchen has beautiful quartz countertops, a large island, stainless steel appliances, dishwasher, and all white cabinets. Tandem Covered Parking. New FHA rule allows for only 5% down for Primary Residence & collect rent to assist in Mortgage Payment. You will not find a newer-nicer duplex in this price range.

Last Listed By

Troy Jones

Realty ONE Group License #SA582906000 Listed on: 02/26/2024

Realty ONE Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,013

Year Built

  • Built in 2022

Lot Details

  • 10,237

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking
  • Paved Parking
  • On-Street Parking
  • Assigned Parking

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Schools

  • Maryland Elementary School
  • Washington High School

Utilities

  • Multiple cooling system units
  • Heating Available

Listing and Financial Details

  • Tenant pays for trash collection, electricity, water, sewer
  • Tax Lot 1
  • Assessor Parcel Number 156-16-034-B

Community Details

Overview

  • 2 Units
  • Building Dimensions are 73 x 138
  • W J Lawrence Tract Subdivision

Building Details

  • Operating Expense $7,013
  • Gross Income $57,000
  • Net Operating Income $50,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,013

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Cross Street: 19th Ave and Glendale
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2022
  • Tax Year: 2023
  • Directions: South on 19th Ave first right is Lawrence Rd on West side of 19th Ave across from light rail Duplex is on the Corner.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 3000.0
  • Co List Office Mls Id: reog01
  • Co List Office Phone: 480-315-1240
  • Subdivision Name: W J LAWRENCE TRACT
  • Tax Parcel Letter: B
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range, Microwave, Washer/Dryer, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Foam
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Paved Parking, Assigned, Add'l Parking Avail, Street Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: APS
  • Cooling: 2 or More Units, Individual, Electric, Ceiling Fan(s)
  • Heating: Electric, ENERGY STAR Qualified Equipment
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: Maryland Elementary School
  • High School: Washington High School
  • Junior High Dist: Glendale Union High School District
  • Middle Or Junior School: Maryland Elementary School

Lot Info

  • Lot Size: 73 x 138
  • Additional Parcels: No
  • Parcel #: 156-16-034-B

Multi Family

  • Owner Pays: Other
  • Tenant Pays: Trash Collection, Electricity, Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 57000.0
  • Property Net Operating Income: 50000.0
  • Annual Operating Expense: 7013.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 4013.0
  • Tax Book Number: 156.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2024
Closed on
Apr 8, 2024
Sold by
Polk Law Capital Llc
Bought by
Pacol Melvyn and Pacol Tereza
Seller's Agent
Troy Jones
Realty ONE Group
Buyer's Agent
Amparo Lopez
West USA Realty
List Price
$749,000
Sold Price
$745,000
Premium/Discount to List
-$4,000
-0.53%
Total Days on Market
6
Views
31
Current Estimated Value
$750,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,937
Avg. Annual Appreciation
0.74%
Original Mortgage
$589,000
Outstanding Balance
$582,901
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$168,036

Purchase Details

Closed on
Aug 21, 2023
Sold by
Caam House Llc
Bought by
Polk Law Capital Llc

Range of Values:

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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

Date Buyer Sale Price Title Company
Pacol Melvyn $745,000 First Integrity Title Agency O
Polk Law Capital Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pacol Melvyn $589,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2024 04/08/24 Sold $745,000 0.0% $319 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
03/01/2024 03/01/24 Price Changed $745,000 -0.5% $319 / Sq Ft
02/26/2024 02/26/24 For Sale $749,000 -- $321 / 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 $4,087 $33,420 -- --
2024 $4,013 $31,828 -- --
2023 $4,013 $53,180 $10,630 $42,550
2022 $874 $11,820 $11,820 $0
Source: Public Records

Agents Affiliated with this Home

  • Troy Jones

    Seller's Agent in 2024

    Troy Jones

    Realty One Group

    (480) 563-8080

    1 in this area

    23 Total Sales

    Troy Jones
    Section Image
  • Luke Basler

    Seller Co-Listing Agent in 2024

    Luke Basler

    Realty One Group

    (480) 798-9522

    1 in this area

    20 Total Sales

    Luke Basler
    Section Image

  • A

    Buyer's Agent in 2024

    Amparo Lopez

    West USA Realty

    (602) 942-4200

    1 in this area

    26 Total Sales

    Amparo Lopez
    Section Image
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Map

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6668844

Arizona Regional Multiple Listing Service (ARMLS)

APN: 156-16-034B

Arizona Maricopa County Phoenix 85015 Alhambra

1908 W Lawrence Rd Unit 1 & 2, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 1908 W Lawrence Rd Unit 1 & 2, Phoenix, AZ 85015 since 26 February 2024 and is currently priced at $750,937, approximately $322 per square foot. This property was built in 2022. 1908 W Lawrence Rd Unit 1 & 2 is a home located in Maricopa County with nearby schools including Maryland Elementary School, Washington High School, and CASA Academy.

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