NOT LISTED FOR SALE

Estimated Value: $350,000 - $771,000

-- Bed
4 Baths
2,715 Sq Ft
$234/Sq Ft Est. Value

Last Sold July 27, 2023

Last sale price $780,000 $287 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $3,485/month

42 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • The Creighton Academy Rated 10

About This Home

As of July 2023

Location! Location! This centrally Located 4-plex consist of 3 units with 2 bedrooms 1 bath and another unit with 2 bed 2 bath. This is a turn key property with A ton of potential. The property is zoned R-3. Don't wait around on this property is will be sold. Good multi-families properties are hard to find. This won't last long.

Last Agent to Sell the Property

James Kearns

HomeSmart License #SA627575000 Listed on: 05/02/2023

HomeSmart

Last Buyer's Agent

Steven Burnett

Berkshire Hathaway HomeServices Arizona Properties License #BR690946000

Berkshire Hathaway HomeServices Arizona Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,406

Year Built

  • Built in 1979

Lot Details

  • 0.3

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for water
  • The owner pays for sewer
  • Tax Lot 24
  • Assessor Parcel Number 120-30-037

Community Details

Overview

  • 4 Buildings
  • 4 Units
  • Building Dimensions are See Tax
  • Sunset Acres Subdivision

Building Details

  • Operating Expense $1,406
  • Gross Income $533,700
  • Net Operating Income $50,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,406

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Cross Street: 24th St and McDowell
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Residential
  • Number Of Buildings: 4
  • Ownership: Fee Simple
  • Year Built: 1979
  • Tax Year: 2022
  • Directions: EAST ON MCDOWELL TO 26TH PLACE. NORTH ON 26TH PL TO UNITS ON WEST SIDE OF STREET
  • Road Surface Type: Asphalt
  • Subdivision Name: SUNSET ACRES
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 12.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Other

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: See Tax
  • Additional Parcels: No
  • Parcel #: 120-30-037

Multi Family

  • Owner Pays: Sewer
  • Tenant Pays: Water
  • Number Of Units Total: 4
  • Annual Gross Income: 533700.0
  • Property Net Operating Income: 50000.0
  • Annual Operating Expense: 1406.0
  • Vacancy Allowance Rate: 10.0

Tax Info

  • Tax Annual Amount: 1406.0
  • Tax Book Number: 120.00
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2025
Sold by
Streeter Debra L Leffler
Bought by
Debra Leffler Streeter Ap Trust and Streeter
Current Estimated Value
$636,491

Purchase Details

Listed on
May 2, 2023
Closed on
Jul 19, 2023
Sold by
Kashey Adrian S
Bought by
Streeter Debra L Leffler
Seller's Agent
James Kearns
HomeSmart
Buyer's Agent
Steven Burnett
Berkshire Hathaway HomeServices Arizona Properties
List Price
$819,000
Sold Price
$780,000
Premium/Discount to List
-$39,000
-4.76%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.98%
Original Mortgage
$585,000
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2019
Sold by
Kilpatrick Jeannette J
Bought by
Kashey Adrian S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,450
Interest Rate
7.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 6, 2018
Sold by
Rivera Jesus Jacobo
Bought by
The Adrian S Kashey Family L L P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 14, 2015
Closed on
Oct 1, 2015
Sold by
J & G Strategic Investments Llc
Bought by
Rivera Jesus Jacobo
Seller's Agent
Sophia Baron
Grace CRE
Buyer's Agent
Monica Coker
HomeSmart
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.60%
Original Mortgage
$112,500
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2014
Sold by
Blue Key 5 Llc
Bought by
J & G Strategic Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 18, 2012
Sold by
American Rental Properties Llc
Bought by
Blue Key 5 Llc

Purchase Details

Closed on
Mar 1, 2011
Sold by
Ramirez Edgar
Bought by
American Rental Properties Llc

Purchase Details

Closed on
Dec 23, 2009
Sold by
Aurora Loan Services Llc
Bought by
Ramirez Edgar

Purchase Details

Closed on
Aug 10, 2009
Sold by
Hamilton Andre and Mcilhinney Shara
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Mar 1, 2007
Sold by
Bovee Marshall Gaylord and Bovee Carmen Rita
Bought by
Hamilton Andre and Mcilhinney Shara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,700
Interest Rate
10.35%
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 Buyer Sale Price Title Company
Debra Leffler Streeter Ap Trust -- None Listed On Document
Streeter Debra L Leffler $780,000 First American Title Insurance
Kashey Adrian S -- Empire West Title Agency Llc
Kashey Adrian S -- Empire West Title Agency Llc
The Adrian S Kashey Family L L P $260,000 Equity Title Agency Inc
Rivera Jesus Jacobo $150,000 American Title Svc Agency Ll
J & G Strategic Investments Llc $100,000 Pioneer Title Agency Inc
Blue Key 5 Llc -- Accommodation
American Rental Properties Llc $62,500 Fidelity Natl Title Ins Co
Ramirez Edgar $60,000 Fidelity Natl Title Ins Co
Aurora Loan Services Llc $210,559 None Available
Hamilton Andre $206,000 Arizona Title Agency Inc
Hamilton Andre $206,000 Arizona Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Streeter Debra L Leffler $585,000
Previous Owner Kashey Adrian S $552,500
Previous Owner Kashey Adrian S $351,000
Previous Owner Kashey Adrian S $218,450
Previous Owner The Adrian S Kashey Family L L P $204,000
Previous Owner Rivera Jesus Jacobo $112,500
Previous Owner J & G Strategic Investments Llc $180,000
Previous Owner Ladouceur Brian $54,000
Previous Owner Hamilton Andre $195,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2023 07/27/23 Sold $780,000 -2.4% $287 / Sq Ft
06/14/2023 06/14/23 Pending -- -- --
05/31/2023 05/31/23 Price Changed $799,000 -2.4% $294 / Sq Ft
05/02/2023 05/02/23 For Sale $819,000 +446.0% $302 / Sq Ft
10/06/2015 10/06/15 Sold $150,000 0.0% $55 / Sq Ft
08/13/2015 08/13/15 Pending -- -- --
07/13/2015 07/13/15 For Sale $150,000 -- $55 / 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 $1,481 $11,391 -- --
2024 $1,464 $10,849 -- --
2023 $1,464 $28,010 $5,600 $22,410
2022 $1,406 $22,150 $4,430 $17,720
2021 $1,441 $20,520 $4,100 $16,420
2020 $1,406 $15,150 $3,030 $12,120
2019 $1,396 $11,820 $2,360 $9,460
2018 $1,367 $9,500 $1,900 $7,600
2017 $1,314 $7,710 $1,540 $6,170
2016 $1,359 $15,010 $3,000 $12,010
2015 $1,264 $13,020 $2,600 $10,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6551254

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-30-037