2014 E Broadway Rd Phoenix, AZ 85040
South Mountain Neighborhood
--
Bed
--
Bath
2,402
Sq Ft
7,187
Sq Ft Lot
About This Home
As of September 2024Welcome! This 4-plex is situated between downtowns of Tempe and Phoenix, with easy access to I-10, and will capitalize on the I-10 Broadway Curve Improvement Project upon completion in 2025. Offering two 2-bedrooms and two 1-bedrooms, three of the 4 tenants are month-to-month. Three of the rental units have newer HVAC units (A & B were installed in 2023). Unit C also has a 2023 in-wall mini-split A/C unit. All-new roof across entire buliding in 2018. Exterior and fence painting in 2022.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,412
Year Built
- Built in 1946
Home Design
- Composition Roof
- Block Exterior
Parking
- 1 Open Parking Space
- 1 Parking Space
- On-Street Parking
Schools
- Percy L Julian Elementary School
- Phoenix Coding Academy Middle School
- South Mountain High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Master Water Meter
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for electricity, trash collection, water, sewer, landscaping
- Tax Lot 10
- Assessor Parcel Number 122-36-043
Community Details
Overview
- 4 Units
- Building Dimensions are 105’ x 62’ x 112’ x 65’
- Harlem Homes Subdivision
Building Details
- Operating Expense $2,412
- Gross Income $36,350
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 15, 2024
Closed on
Aug 28, 2024
Sold by
Lillian Bowers Black Trust and Black Lillian Bowers
Bought by
Russell Stephen and Khanna Sarah
Seller's Agent
Aaron Carter
Compass
Buyer's Agent
Adam Gillick
My Home Group Real Estate
List Price
$525,000
Sold Price
$525,000
Total Days on Market
20
Views
11
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
$19,138
Avg. Annual Appreciation
5.17%
Original Mortgage
$453,000
Outstanding Balance
$450,081
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$94,057
Purchase Details
Closed on
Jun 17, 2022
Sold by
Bernard Black R and Bernard Lillian R
Bought by
Lillian Bowers Black Trust
Purchase Details
Closed on
Jul 10, 2001
Sold by
Black Bernard and Black Lillian Bowers
Bought by
Black Bernard and Black Lillian Bowers
Purchase Details
Closed on
Jan 25, 1996
Sold by
Black Lillian Bowers and Black Lillian R
Bought by
Black Bernard
Purchase Details
Closed on
Mar 25, 1994
Sold by
Green Lonnie E
Bought by
Black Lillian Bowers and Black Lillian R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
8.1%
Mortgage Type
New Conventional
Similar Homes in Phoenix, AZ
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $604,000 | Navi Title Agency | |
| Special Warranty Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $40,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $453,000 | New Conventional | |
| Previous Owner | $30,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2024 09/30/24 | Sold | $525,000 | 0.0% | $219 / Sq Ft |
| 09/21/2024 09/21/24 | Price Changed | $525,000 | 0.0% | $219 / Sq Ft |
| 08/05/2024 08/05/24 | Pending | -- | -- | -- |
| 07/15/2024 07/15/24 | For Sale | $525,000 | -- | $219 / 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 | $2,483 | $16,903 | -- | -- |
| 2024 | $2,412 | $16,098 | -- | -- |
| 2023 | $2,412 | $23,140 | $3,080 | $20,060 |
| 2022 | $2,364 | $21,770 | $3,080 | $18,690 |
| 2021 | $2,412 | $15,420 | $3,080 | $12,340 |
| 2020 | $2,382 | $18,920 | $2,050 | $16,870 |
| 2019 | $574 | $11,120 | $2,220 | $8,900 |
| 2018 | $558 | $9,080 | $1,810 | $7,270 |
| 2017 | $532 | $6,700 | $1,340 | $5,360 |
| 2016 | $506 | $6,050 | $1,210 | $4,840 |
| 2015 | $476 | $4,710 | $940 | $3,770 |
Source: Public Records
Agents Affiliated with this Home
-
Aaron Carter
Seller's Agent in 2024
Aaron Carter
Compass
(480) 236-3103
5 in this area
151 Total Sales
-
Michael Mosier
Seller Co-Listing Agent in 2024
Michael Mosier
Compass
(602) 295-8074
5 in this area
138 Total Sales
-
Adam Gillick
Buyer's Agent in 2024
Adam Gillick
My Home Group
(480) 432-7049
7 in this area
141 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6731399
APN: 122-36-043
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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