NOT LISTED FOR SALE

1922 E Adams St Phoenix, AZ 85034

Central City Neighborhood

Estimated Value: $264,459 - $601,000

Studio
-- Bath
1,742 Sq Ft
$259/Sq Ft Est. Value

Sale Details

Date Sold: June 19, 2014

Last sale price $118,000 $68 Per Sq Ft

Est. 283% increase in value since last sale

Current estimated payment $2,494 / mo

201 Days on Market

About This Home

As of June 2014

Great price on a fully leased 4-plex near downtown Phoenix, shopping, public transportation and more. Updates to units were made 2 years ago with new cabinets, countertops, flooring, and paint. Please do not distrub tenants. Inspection of interior of units will be provided during inspection period.

Last Agent to Sell the Property

Christopher Jones

Buena Vista Realty License #BR643096000 Listed on: 10/14/2013

Last Buyer's Agent

Jose Munoz

Delex Realty License #SA530866000

Delex Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $530

Year Built

  • Built in 1984

Lot Details

  • 7,013

Home Design

  • Wood Frame Construction
  • Composition Roof

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Separate Meters
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 18
  • Assessor Parcel Number 115-03-037

Community Details

Overview

  • 4 Units
  • Building Dimensions are 50X140

Building Details

  • Operating Expense $3,580
  • Gross Income $18,960
  • Net Operating Income $12,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$530

Year Built

Built in 1984

Lot Details

7,013 Sq Ft Lot

Listing Details

  • Cross Street: Van Buren & 20th St.
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-5R1
  • Number Of Buildings: 1
  • Year Built: 1984
  • Tax Year: 2013
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s), Alley
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central A/C, Individual, Heat Pump
  • Heating: Central, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Annual Water Sewer Expense: 1680.0

Lot Info

  • Lot Size: 50X140
  • Additional Parcels: No
  • Parcel #: 115-03-037

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 18960.0
  • Insurance Expense: 650.0
  • Maintenance Expense: 720.0
  • Property Net Operating Income: 12700.0
  • Annual Operating Expense: 3580.0

Tax Info

  • Tax Annual Amount: 530.0
  • Tax Book Number: 115.00
  • Tax Lot: 18

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
Oct 14, 2013
Closed on
May 9, 2014
Sold by
Bought by
Seller's Agent
Christopher Jones
Buena Vista Realty
Buyer's Agent
Jose Munoz
Delex Realty
List Price
$130,000
Sold Price
$118,000
Premium/Discount to List
-$12,000
-9.23%
Current Estimated Value
$451,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,615
Avg. Annual Appreciation
11.77%
Original Mortgage
$88,500
Interest Rate
0.0416%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
0.0336%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2010
Sold by
Bought by

Purchase Details

Closed on
Feb 5, 2010
Sold by
Bought by

Purchase Details

Closed on
May 16, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,450
Interest Rate
0.0655%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 2, 2005
Sold by
Bought by

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
0.0437%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2004
Sold by
Bought by

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
0.0955%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2004
Sold by
Bought by

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
0.0955%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,920
Interest Rate
0.0406%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,920
Interest Rate
0.0406%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$118,000 Great American Title Agency
-- None Available
$39,000 Great American Title Agency
$72,000 Great American Title Agency
$230,000 Capital Title Agency Inc
$200,000 Dhi Title Of Arizona Inc
-- Dhi Title Of Arizona Inc
-- Capital Title Agency Inc
-- Capital Title Agency Inc
$122,400 Fidelity National Title
-- Fidelity National Title
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
Closed $88,500
Closed $63,000
Closed $34,450
Closed $172,500
Closed $160,000
Closed $123,750
Closed $123,750
Closed $97,920
Closed $36,000
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
06/19/2014 06/19/14 Sold $118,000 -9.2% $68 / Sq Ft
05/03/2014 05/03/14 Pending -- -- --
10/14/2013 10/14/13 For Sale $130,000 -- $75 / 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 $824 $5,802 -- --
2024 $768 $5,526 -- --
2023 $768 $27,310 $5,460 $21,850
2022 $741 $19,350 $3,870 $15,480
2021 $736 $15,030 $3,000 $12,030
2020 $744 $12,700 $2,540 $10,160
2019 $743 $10,760 $2,150 $8,610
2018 $730 $9,530 $1,900 $7,630
2017 $713 $8,820 $1,760 $7,060
2016 $693 $6,880 $1,370 $5,510
2015 $641 $5,630 $1,120 $4,510
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Christopher Jones

    Buena Vista Realty

    (602) 903-6703

    17 Total Sales

    Christopher Jones
    Section Image

  • J

    Buyer's Agent in 2014

    Jose Munoz

    DPR Realty

    (480) 628-7637

    29 Total Sales

    Jose Munoz
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5014656

Arizona Regional Multiple Listing Service (ARMLS)

APN: 115-03-037

Arizona Maricopa County Phoenix 85034 Central City

1922 E Adams St, Phoenix, AZ

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

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