1918 E Adams St Phoenix, AZ 85034
Central City NeighborhoodEstimated Value: $377,000 - $601,000
--
Bed
--
Bath
1,950
Sq Ft
$244/Sq Ft
Est. Value
Highlights
- Cooling Available
- Phoenix Coding Academy Rated A
- Heating Available
About This Home
As of November 2015Turn-key investment property at its best! All 4 units occupied. All units in this clean 4-plex have been remodeled with new tile, new paint, new cabinets and counter tops, sinks, kitchen appliances, easy to maintain ceramic tile, dual pane windows and more. Don't miss out on an opportunity to purchase four units with great cash flow. Please do not disturb tenants. Drive by only.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $690
Year Built
- Built in 1983
Lot Details
- 7,013
Home Design
- Wood Frame Construction
- Composition Roof
- Built-Up Roof
- Stucco
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for trash collection, water, sewer
- Legal Lot and Block 17 / 33
- Assessor Parcel Number 115-03-036
Community Details
Overview
- 4 Units
- Building Dimensions are 50X140
- Collins Phoenix Blks 23 26, 17, 27 Subdivision
Building Details
- Operating Expense $3,840
- Gross Income $18,960
- Net Operating Income $13,516
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 6, 2015
Closed on
Nov 18, 2015
Sold by
Mccullough Katrina
Bought by
Goodwin Corey
Seller's Agent
Kirsten Schafer
Property Plus USA Realty
Buyer's Agent
Doug McVinua
Blue Sky Living, LLC
List Price
$120,000
Sold Price
$122,500
Premium/Discount to List
$2,500
2.08%
Total Days on Market
31
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,833
Avg. Annual Appreciation
15.30%
Original Mortgage
$143,500
Interest Rate
3.76%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 23, 2012
Closed on
Jun 11, 2012
Sold by
Absb Holding Llc
Bought by
Mccullough Katrina
Seller's Agent
Michael Van Vleck
Denali Real Estate, LLC
Buyer's Agent
Greg Sidoff
West USA Realty
List Price
$129,900
Sold Price
$119,900
Premium/Discount to List
-$10,000
-7.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.63%
Original Mortgage
$82,500
Interest Rate
3.84%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 16, 2010
Sold by
Ez Homes Inc
Bought by
Absb Holdings Llc
Purchase Details
Closed on
Jan 25, 2010
Sold by
Kaitz Mark S
Bought by
Ez Homes Inc
Purchase Details
Closed on
Jun 7, 2006
Sold by
Kaitz Mark S
Bought by
Kaitz Mark S and Kaitz Carole Z
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 16, 2006
Sold by
Makris William J
Bought by
Kaitz Mark S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 18, 2006
Sold by
Kaitz Carole Z
Bought by
Kaitz Mark S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 2, 2005
Sold by
Makris Sophie Coronado
Bought by
Makris William J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 25, 2004
Sold by
Reyes Raul
Bought by
Coronado Enterprises Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
9.55%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 4, 2004
Sold by
Woods Jorden and Liu Xiaochun
Bought by
Reyes Raul P and Reyes Raul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
9.55%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 12, 2003
Sold by
Roe Dw and Roe June N
Bought by
Woods Jorden and Liu Xiaochun
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,920
Interest Rate
4.06%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 2, 2003
Sold by
Roe Dw and Roe June N
Bought by
Roe Dw and Roe June N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,920
Interest Rate
4.06%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Home in Phoenix, AZ
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Goodwin Corey | $122,500 | Equity Title Agency Inc | |
| Mccullough Katrina | $110,000 | Fidelity National Title Agen | |
| Absb Holdings Llc | -- | None Available | |
| Ez Homes Inc | $44,000 | None Available | |
| Kaitz Mark S | -- | None Available | |
| Kaitz Mark S | $230,000 | Capital Title Agency Inc | |
| Kaitz Mark S | -- | Capital Title Agency Inc | |
| Makris William J | -- | Dhi Title Of Arizona Inc | |
| Makris William J | $200,000 | Dhi Title Of Arizona Inc | |
| Coronado Enterprises Llc | -- | Capital Title Agency Inc | |
| Reyes Raul P | -- | Capital Title Agency Inc | |
| Woods Jorden | $122,400 | Fidelity National Title | |
| Roe Dw | -- | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Goodwin Corey | $120,000 | |
| Closed | Goodwin Corey | $143,500 | |
| Previous Owner | Mccullough Katrina | $82,500 | |
| Previous Owner | Kaitz Mark S | $184,000 | |
| Previous Owner | Kaitz Mark S | $184,000 | |
| Previous Owner | Makris William J | $160,000 | |
| Previous Owner | Makris William J | $30,000 | |
| Previous Owner | Coronado Enterprises Llc | $123,750 | |
| Previous Owner | Reyes Raul P | $123,750 | |
| Previous Owner | Woods Jorden | $92,920 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/17/2015 11/17/15 | Sold | $122,500 | +2.1% | $63 / Sq Ft |
| 10/29/2015 10/29/15 | Pending | -- | -- | -- |
| 09/28/2015 09/28/15 | For Sale | $120,000 | +0.1% | $62 / Sq Ft |
| 06/15/2012 06/15/12 | Sold | $119,900 | -7.7% | $266 / Sq Ft |
| 05/15/2012 05/15/12 | Pending | -- | -- | -- |
| 02/23/2012 02/23/12 | For Sale | $129,900 | -- | $289 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $835 | $6,243 | -- | -- |
| 2024 | $827 | $5,945 | -- | -- |
| 2023 | $827 | $29,400 | $5,880 | $23,520 |
| 2022 | $797 | $20,820 | $4,160 | $16,660 |
| 2021 | $791 | $16,120 | $3,220 | $12,900 |
| 2020 | $800 | $13,610 | $2,720 | $10,890 |
| 2019 | $799 | $11,580 | $2,310 | $9,270 |
| 2018 | $786 | $10,280 | $2,050 | $8,230 |
| 2017 | $767 | $9,500 | $1,900 | $7,600 |
| 2016 | $745 | $7,410 | $1,480 | $5,930 |
| 2015 | $690 | $6,100 | $1,220 | $4,880 |
Source: Public Records
Agents Affiliated with this Home
-
Kirsten Schafer
Seller's Agent in 2015
Kirsten Schafer
Property Plus USA Realty
(480) 440-3446
87 Total Sales
-
Z
Seller Co-Listing Agent in 2015
Zach Adams
Russ Lyon Sotheby's International Realty
-
Doug McVinua
Buyer's Agent in 2015
Doug McVinua
Blue Sky Living, LLC
(602) 751-7577
37 Total Sales
-
Michael Van Vleck
M
Seller's Agent in 2012
Michael Van Vleck
Denali Real Estate, LLC
46 Total Sales
-
Greg Sidoff
Buyer's Agent in 2012
Greg Sidoff
West USA Realty
(602) 740-3257
36 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5344685
APN: 115-03-036
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.
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
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