$1,000,000
SOLD SEP 30, 2025
-- Bed
-- Bath
2,760 Sq Ft
1976 Built

Recently Sold

$362 Per Sq Ft

5% Above List Price

145 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of September 2025

ADJACENT FOURPLEX AT 2002 N 50TH STREET ALSO AVAILABLE FOR PURCHASE. The property includes three two-bedroom / one-bathroom units and one three-bedroom / one-bath units. Two are renovated and feature LVP flooring, new cabinets, quartz countertops, new electrical
and plumbing fixtures, stainless steel appliances, full-size stacked
washer / dryer connections (with appliances included), shower / tub
surrounds, fresh paint, new baseboards, and more. The property also
boasts ample outdoor space for potential barbecue areas or private
yard space and a number of on-site storage units that could be utilized
by the owner or rented out. The Property is ideally situated in a prime location in the heart of the Phoenix
metroplex and as a fourplex allows for residential financing if desired.

Last Agent to Sell the Property

John Klocek

ABI Multifamily License #SA657592000 Listed on: 02/27/2025

Co-Listed By

Patrick Burch

ABI Multifamily License #BR515118000

Last Buyer's Agent

Patrick Burch

ABI Multifamily License #BR515118000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,531

Year Built

  • Built in 1976

Home Design

  • Wood Frame Construction
  • Block Exterior

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 10
  • Assessor Parcel Number 126-18-016-K

Community Details

Overview

  • 4 Units
  • Building Dimensions are 74' x 145'
  • Orangedale Tract 1,2, & 7,8 Subdivision

Building Details

  • Operating Expense $1,531

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,531

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Cross Street: 48th Street & McDowell
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1976
  • Tax Year: 2024
  • Road Surface Type: Concrete
  • Co List Office Mls Id: abim01
  • Co List Office Phone: 602-714-1400
  • Subdivision Name: ORANGEDALE TRACT 1,2, & 7,8
  • Tax Parcel Letter: K
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Other
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Other, Wood Frame, Block
  • Roof: Other
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other
  • Heating: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: Other

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 74' x 145'
  • Additional Parcels: No
  • Parcel #: 126-18-016-K

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Annual Operating Expense: 1531.0

Tax Info

  • Tax Annual Amount: 1531.0
  • Tax Book Number: 126.00
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2025
Closed on
Sep 23, 2025
Sold by
Holly Papago Llc
Bought by
Granger Darin and Granger Brittany
Seller's Agent
John Klocek
ABI Multifamily
Buyer's Agent
Patrick Burch
ABI Multifamily
List Price
$955,000
Sold Price
$1,000,000
Premium/Discount to List
$45,000
4.71%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.09%
Original Mortgage
$735,000
Outstanding Balance
$735,000
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$261,001

Purchase Details

Closed on
Feb 13, 2024
Sold by
Castor 4917 Holly Llc
Bought by
Holly Papago Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,600,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2024
Sold by
Castor 4917 Holly Llc
Bought by
Holly Papago Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,600,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2011
Sold by
Wright Charles D and Wright Elaine H
Bought by
Wright Properties 2 Llc

Purchase Details

Closed on
Jul 30, 2003
Sold by
Wright Charles Debose
Bought by
Wright Charles D and Wright Elaine H

Purchase Details

Closed on
Aug 19, 1997
Sold by
The Trust Of Charles D & Elaine H Wright
Bought by
Wright Charles Debose and The Trust Of Charles Debose Wright

Purchase Details

Closed on
Jun 1, 1995
Sold by
Bertmeyer Ralph A and Bertmeyer Ingrid M
Bought by
Wright Charles D and Wright Elaine H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,250
Interest Rate
8.36%
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

Date Type Sale Price Title Company
Special Warranty Deed $1,000,000 Fidelity National Title Agency
Special Warranty Deed $5,000,000 Fidelity National Title
Special Warranty Deed -- Fidelity National Title
Grant Deed -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Joint Tenancy Deed $97,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $735,000 New Conventional
Previous Owner $6,600,000 New Conventional
Previous Owner $68,250 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2025 09/30/25 Sold $1,000,000 0.0% $362 / Sq Ft
08/01/2025 08/01/25 Price Changed $1,000,000 0.0% $362 / Sq Ft
07/22/2025 07/22/25 Pending -- -- --
05/12/2025 05/12/25 Off Market $1,000,000 -- --
02/27/2025 02/27/25 For Sale $955,000 -- $346 / 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 $1,627 $12,746 -- --
2024 $1,516 $12,139 -- --
2023 $1,516 $47,250 $9,450 $37,800
2022 $1,462 $36,460 $7,290 $29,170
2021 $1,486 $31,860 $6,370 $25,490
2020 $1,459 $27,780 $5,550 $22,230
2019 $1,453 $23,640 $4,730 $18,910
2018 $1,369 $19,800 $3,960 $15,840
2017 $1,311 $17,250 $3,450 $13,800
2016 $1,283 $15,030 $3,000 $12,030
2015 $1,204 $11,210 $2,240 $8,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6827451

Arizona Regional Multiple Listing Service (ARMLS)

APN: 126-18-016K