NOT LISTED FOR SALE

Estimated Value: $106,000 - $643,000

-- Bed
1 Bath
-- Sq Ft
5,401 Sq Ft Lot

Last Sold May 03, 2024

Last sale price $650,000

Est. 27% decrease in value since last sale

Current estimated payment $2,514/month

136 Days on Market

Highlights

  • Central Air
  • Ceiling Fan
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Carpet

About This Home

As of May 2024

Seller wants Sold! Price Adjustment!!! Beautiful Modern Duplex close to downtown Phoenix. New lender requirements have softened allowing Buyers looking in purchasing multifamily to come in with a very low down payment, don't let this opportunity pass up your Buyer. This beautiful property has 2 separate units that are roughly 1600 sqft, both units are 3 bedrooms with 2.5 bathrooms. Each unit has its own back yard, 2 balconies over looking the beautiful Phoenix skyline and a spacious indoor-laundry room, 2 car carport that can easily be enclosed for more privacy and much more. This property is perfect for a family who would like to live in one property and rent out the other unit. Use the second units rental income to help you qualify.

Last Agent to Sell the Property

Hector Flores

Housing Exchange Realty License #BR556257000 Listed on: 11/16/2023

Last Buyer's Agent

Landon Ball

West USA Realty License #SA693734000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $252

Year Built

  • Built in 2023

Lot Details

  • 5,401

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • On-Street Parking

Schools

  • Arthur M Hamilton Elementary And Middle School
  • Central High School

Utilities

  • Central Air
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 7 / 7
  • Assessor Parcel Number 109-63-008

Community Details

Overview

  • 2 Units
  • Building Dimensions are 51X109
  • Sellwell 1, 6 Subdivision

Building Details

  • Operating Expense $252

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$252

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Cross Street: Grant & 19TH AVE
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2023
  • Tax Year: 2023
  • Directions: Head south on 19th Ave. On Sherman go west and follow the street until you get to stop sign. Make a U turn and follow on Sherman (opposite end of park). The Property will be the last property.
  • Road Surface Type: Sidewalk(s)
  • Subdivision Name: SELLWELL 1, 6
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: BI Oven/Range, Microwave, W/D Hookup
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Foam
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: None, >1 Space Per Unit, Street Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:None30: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central A/C, Electric, Ceiling Fan(s)
  • Heating: Other, 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: Arthur M Hamilton School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Arthur M Hamilton School

Lot Info

  • Lot Size: 51X109
  • Additional Parcels: No
  • Parcel #: 109-63-008

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 2
  • Annual Operating Expense: 252.0

Tax Info

  • Tax Annual Amount: 252.0
  • Tax Block: 7
  • Tax Book Number: 109.00
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2023
Closed on
May 31, 2024
Sold by
Casseus Marvin Titus
Bought by
Titus-Casseus Property Group Az1 Llc
Seller's Agent
Hector Flores
Housing Exchange Realty
Buyer's Agent
Landon Ball
West USA Realty
List Price
$750,000
Sold Price
$650,000
Premium/Discount to List
-$100,000
-13.33%
Views
48
Current Estimated Value
$472,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$177,991
Avg. Annual Appreciation
-15.88%
Original Mortgage
$617,500
Outstanding Balance
$611,565
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
-$101,349

Purchase Details

Listed on
Nov 16, 2023
Closed on
May 2, 2024
Sold by
Plxltr Llc
Bought by
Casseus Marvin Titus
Seller's Agent
Hector Flores
Housing Exchange Realty
Buyer's Agent
Landon Ball
West USA Realty
List Price
$750,000
Sold Price
$650,000
Premium/Discount to List
-$100,000
-13.33%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$617,500
Outstanding Balance
$611,565
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
-$101,349

Purchase Details

Closed on
Mar 31, 2022
Sold by
Reyna Quintero Arturo
Bought by
Plxltr Llc

Purchase Details

Closed on
Jul 15, 2016
Sold by
Juarez Alicia
Bought by
Quintero Arturo Reyna

Purchase Details

Closed on
Mar 15, 2013
Sold by
Juarez Frances
Bought by
Juarez Alicia
Source: Public Records

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
Titus-Casseus Property Group Az1 Llc -- None Listed On Document
Casseus Marvin Titus $650,000 Pioneer Title Agency
Plxltr Llc $75,000 Pioneer Title
Quintero Arturo Reyna $33,000 Great American Title Agency
Juarez Alicia -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casseus Marvin Titus $617,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $650,000 -2.8% --
03/18/2024 03/18/24 Price Changed $669,000 -4.3% --
02/16/2024 02/16/24 Price Changed $699,000 -2.8% --
01/30/2024 01/30/24 Price Changed $719,000 -2.7% --
01/10/2024 01/10/24 Price Changed $739,000 -1.5% --
11/16/2023 11/16/23 For Sale $750,000 -- --
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 $265 $2,097 $2,097 --
2024 $252 $1,997 $1,997 --
2023 $252 $6,555 $6,555 $0
2022 $241 $4,065 $4,065 $0
2021 $256 $3,480 $3,480 $0
2020 $247 $3,735 $3,735 $0
2019 $244 $2,565 $2,565 $0
2018 $230 $3,550 $710 $2,840
2017 $221 $2,980 $590 $2,390
2016 $199 $2,610 $520 $2,090
2015 $186 $2,110 $420 $1,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6631313

Arizona Regional Multiple Listing Service (ARMLS)

APN: 109-63-008