NOT LISTED FOR SALE

Estimated Value: $397,919

2 Beds
-- Bath
1,281 Sq Ft
$311/Sq Ft Est. Value

Sale Details

Date Sold: November 16, 2021

Last sale price $320,000 $250 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,269 / mo

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

As of November 2021

This 3 bedroom, 2 bathroom duplex just hit the market! One unit has 2 bedrooms and 1 bathroom, while the other has 1 bedroom and 1 bathroom. Features throughout the units include tile flooring, a brick fireplace, tons of natural lighting, and neutral paint. The kitchens have maple cabinetry, white appliances, a built-in microwave, dual sinks, a pantry, and plenty of storage space. There is a large, fenced yard perfect for relaxing or letting your fur friends run! Located close to Downtown Phoenix for many local eateries and both day and night fun at the Japanese Friendship garden, the ASU Downtown Campus, the Children's Museum of Phoenix, the Arizona Science Center, the Phoenix Suns Arena, Chase Field, and more! ... (cont.) Easy access throughout the Valley via the I-10 or AZ-51. Tenants are currently below market rent, are month-to-month, and potential rent is $700-$800/month for the 1 bedroom unit and $900-$1,000/month for the 2 bedroom unit! This has MASSIVE income potential!

Last Agent to Sell the Property

Daniel Brown

My Home Group Real Estate License #SA586198000 Listed on: 10/20/2021

My Home Group Real Estate

Last Buyer's Agent

Tahirah Bradley Stephens

AZREAPM License #SA668982000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $939

Year Built

  • Built in 1946

Lot Details

  • 8,146

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking
  • Free Parking

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for gas, water, sewer, landscaping
  • Tax Lot 9
  • Assessor Parcel Number 117-11-011

Community Details

Overview

  • 2 Units
  • Building Dimensions are NA
  • Forbes Tract Subdivision

Building Details

  • Operating Expense $7,778
  • Gross Income $13,800
  • Net Operating Income $13,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$939

Year Built

Built in 1946

Lot Details

8,146 Sq Ft Lot

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-6 Multifamily
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1946
  • Tax Year: 2021
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: FORBES TRACT
  • Cooling:Ceiling Fan(s): Yes
  • 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
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Free, 1 Space/Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric, Ceiling Fan(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: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 1475.5

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: NA
  • Additional Parcels: No
  • Parcel #: 117-11-011

Multi Family

  • Owner Pays: Gas, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 2
  • Electric Expense: 1475.5
  • Annual Gross Income: 13800.0
  • Insurance Expense: 515.0
  • Property Net Operating Income: 13800.0
  • Annual Operating Expense: 7777.6

Tax Info

  • Tax Annual Amount: 939.0
  • Tax Book Number: 117.00
  • Tax Lot: 9

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 20, 2021
Closed on
Nov 15, 2021
Sold by
Bought by
Seller's Agent
Daniel Brown
My Home Group Real Estate
Buyer's Agent
Tahirah Bradley Stephens
AZREAPM
List Price
$320,000
Sold Price
$320,000
Current Estimated Value
$397,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,919
Avg. Annual Appreciation
4.73%
Original Mortgage
$314,204
Interest Rate
0.0301%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 20, 2021
Closed on
Nov 1, 2021
Sold by
Bought by
Seller's Agent
Daniel Brown
My Home Group Real Estate
Buyer's Agent
Tahirah Bradley Stephens
AZREAPM
List Price
$320,000
Sold Price
$320,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,204
Interest Rate
0.0301%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 10, 2021
Sold by
Bought by

Purchase Details

Closed on
Apr 21, 2017
Sold by
Bought by

Purchase Details

Closed on
Apr 18, 2011
Sold by
Bought by

Purchase Details

Closed on
Sep 8, 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
$178,400
Interest Rate
0.0762%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2005
Sold by
Bought by

Purchase Details

Closed on
Sep 16, 2005
Sold by
Bought by
Source: Public Records
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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
-- Landmark Ttl Assurance Agcy
$320,000 Landmark Ttl Assurance Agcy
-- --
-- None Available
$48,500 Lawyers Title Of Arizona Inc
-- Lawyers Title Of Arizona Inc
$223,000 Premier Title Group Maricopa
-- Premier Title Group Maricopa
$135,000 Capital Title Agency Inc
$120,600 --
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
Open $6,890
Open $314,204
Closed $314,204
Previous Owner $178,400
Previous Owner $180,000
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
11/16/2021 11/16/21 Sold $320,000 0.0% $250 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
10/20/2021 10/20/21 For Sale $320,000 -- $250 / 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 $1,003 $7,427
2024 $954 $7,074
2023 $954 $27,050 $5,410 $21,640
2022 $917 $20,210 $4,040 $16,170
2021 $939 $17,370 $3,470 $13,900
2020 $916 $14,110 $2,820 $11,290
2019 $910 $11,450 $2,290 $9,160
2018 $891 $9,510 $1,900 $7,610
2017 $857 $9,330 $1,860 $7,470
2016 $824 $7,850 $1,570 $6,280
2015 $766 $6,750 $1,350 $5,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6310215

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-11-011

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