$580,000
SOLD APR 24, 2025

1925 W Village Dr Unit 1,2,3,4 Phoenix, AZ 85023

North Central Phoenix Neighborhood
-- Bed
-- Bath
-- Sq Ft
0.34 Acres

Recently Sold

14% Above List Price

10 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available

About This Home

As of April 2025

Great investment opportunity in Phoenix! This 4-plex features three 1-bedroom units and one 2-bedroom unit, offering strong rental potential. Built in 1970, the property sits on a large 14,810 sqft lot, providing plenty of space and possibilities. Conveniently located near shopping, dining, and transportation, this multi-unit property is perfect for investors looking to expand their portfolio. Don't miss out on this fantastic income-generating opportunity!

Last Agent to Sell the Property

James Diller

Real Broker License #BR681830000 Listed on: 03/11/2025

Real Broker

Last Buyer's Agent

Edson Salas

ES Realty License #BR578194000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,492

Year Built

  • Built in 1970

Home Design

  • Foam Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 8 Open Parking Spaces
  • 12 Parking Spaces
  • Carport
  • Over 1 Space Per Unit
  • Free Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 208-07-080-A

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 96x156

Building Details

  • Operating Expense $1,492

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,492

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Cross Street: Bell Rd & N 19th Ave
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1970
  • Tax Year: 2024
  • Directions: Hwy 17, Exit Bell Rd and go East, turn left on N 19th Ave, left on W Village Dr
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: A
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Foam, Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Free, >1 Space Per Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 12.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking Features:Carport: Yes
  • Parking Features Free2: Yes
  • Parking Features >1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: 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

  • Junior High Dist: Deer Valley Unified District

Lot Info

  • Lot Size: 96x156
  • Additional Parcels: No
  • Parcel #: 208-07-080-A

Multi Family

  • Owner Pays: See Remarks
  • Number Of Units Total: 4
  • Annual Operating Expense: 1492.0
  • Vacancy Allowance Rate: 0.5

Tax Info

  • Tax Annual Amount: 1492.0
  • Tax Book Number: 208.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2025
Closed on
Apr 14, 2025
Sold by
Rs Sfr Holdco Owner Lp
Bought by
Graham Wachovia
Seller's Agent
James Diller
Real Broker
Buyer's Agent
Edson Salas
ES Realty
List Price
$510,000
Sold Price
$580,000
Premium/Discount to List
$70,000
13.73%
Views
22
Current Estimated Value
$574,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,609
Avg. Annual Appreciation
-5.16%
Original Mortgage
$435,000
Outstanding Balance
$433,848
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$134,293

Purchase Details

Closed on
Jul 25, 2022
Sold by
Rs Phoenix Owner 4 Lp
Bought by
Rs Sfr Holdco Owner Lp

Purchase Details

Closed on
Dec 16, 2020
Sold by
Ciorba Viorel D and Ciorba Marioara E
Bought by
Rs Phoenix 4 Lp

Purchase Details

Closed on
Jun 19, 1996
Sold by
Ramsey Virgil L and Ramsey Erma I
Bought by
Ciorba Viorel D and Ciorba Marioara E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
8.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Special Warranty Deed $580,000 St (Stewart Title)
Special Warranty Deed -- Os National
Warranty Deed $392,000 None Available
Joint Tenancy Deed $80,000 United Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $435,000 New Conventional
Previous Owner $133,000 Unknown
Previous Owner $72,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Sold $580,000 +13.7% --
03/21/2025 03/21/25 Pending -- -- --
03/11/2025 03/11/25 For Sale $510,000 -- --
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 $1,492 $14,735 -- --
2024 $1,468 $14,033 -- --
2023 $1,468 $41,630 $8,320 $33,310
2022 $1,419 $29,460 $5,890 $23,570
2021 $1,456 $28,850 $5,770 $23,080
2020 $1,431 $25,380 $5,070 $20,310
2019 $1,390 $24,520 $4,900 $19,620
2018 $1,346 $21,230 $4,240 $16,990
2017 $1,302 $19,650 $3,930 $15,720
2016 $1,236 $15,420 $3,080 $12,340
2015 $1,107 $12,980 $2,590 $10,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6833713

Arizona Regional Multiple Listing Service (ARMLS)

APN: 208-07-080A