NOT LISTED FOR SALE

Estimated Value: $194,000 - $209,224

2 Beds
1 Bath
700 Sq Ft
$285/Sq Ft Est. Value

Last Sold March 23, 2023

Last sale price $155,000 $221 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,201/month

11 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of March 2023

Great cash flow potential! 7000 square lot zoned R-3 - just waiting for you to convert it into multi-family. Rear home 2 bedroom 1 bath - needs full remodel. Plenty of room up front for one, possibly two units. See photos modular homes, modular contact and a possible layout that render this a cash flow property. Central Phoenix location, near businesses, restaurants and transportation, minutes from the airport. Sketches and modular information is for visual purposes only. Buyer must contact development services and do their own due diligence.

Last Listed By

Rhonda Culver

Culver Realty LLC License #BR583365000 Listed on: 02/21/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $320

Year Built

  • Built in 1921

Lot Details

  • 7,000 Sq Ft Lot
  • Wire Fence

Home Design

  • Fixer Upper
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 700 Sq Ft Home
  • 1-Story Property

Flooring

  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Capitol Elementary School
  • Phoenix Prep Academy Middle School
  • Central High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 20 / 43
  • Assessor Parcel Number 109-49-116

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Capitol Addition Blocks 43 & 44 35 38 29 & 30 Subdivision

Amenities

  • No Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$320

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Cross Street: 21st Ave & Van Buren
  • Legal Info Range: 2E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 1921
  • Tax Year: 2022
  • Directions: Van Buren to 21st Avenue, South to Jefferson, East to the property
  • Property Sub Type: Single Family - Detached
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: CAPITOL ADDITION BLOCKS 43 & 44 35-38 29 & 30
  • Architectural Style: Other (See Remarks)
  • New Construction: No
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Flooring: Linoleum, Tile
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 700.0
  • Stories: 1
  • ResoLivingAreaSource: Owner
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Wire
  • Lot Features: Dirt Front, Dirt Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Painted, Frame - Wood
  • Property Condition: Fixer
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Utilities

  • Cooling: Refrigeration, See Remarks
  • Heating: Electric
  • Laundry Features: None
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Capitol Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix Prep Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7000.0
  • Parcel #: 109-49-116
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: UnKnown

Tax Info

  • Tax Annual Amount: 320.0
  • Tax Block: 43
  • Tax Book Number: 109.00
  • Tax Lot: 20
  • Tax Map Number: 49.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2023
Closed on
Mar 23, 2023
Sold by
Chipps William R and Chipps Marsha M
Bought by
Sustainable D Llc
Seller's Agent
Rhonda Culver
Culver Realty LLC
Buyer's Agent
Emily Weaver
Open House Realty
List Price
$169,900
Sold Price
$155,000
Premium/Discount to List
-$14,900
-8.77%
Total Days on Market
11
Views
80
Current Estimated Value
$210,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,964
Avg. Annual Appreciation
12.71%
Original Mortgage
$105,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2016
Sold by
Chipps William R and James R Chipps Trust
Bought by
Chipps William R and Chipps Marsha M

Purchase Details

Closed on
Jan 26, 2010
Sold by
Csi Secured Loan Fund Llc
Bought by
Chipps James R and James R Chipps Trust

Purchase Details

Closed on
Jul 16, 2008
Sold by
Leon Investments Corp
Bought by
Csi Secured Loan Fund Llc and Chipps James R

Purchase Details

Closed on
Feb 5, 2007
Sold by
City Help Inc Of Phoenix
Bought by
Leon Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,750
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2006
Sold by
Beckley Gordon L and Beckley Ardith D
Bought by
City Help Inc Of Phoenix

Purchase Details

Closed on
Oct 5, 2000
Sold by
Chapman Phoenix Corp
Bought by
Beckley Gordon L and Beckley Ardith D

Purchase Details

Closed on
Oct 20, 1999
Sold by
Church On The Street Inc
Bought by
Chapman Phoenix Corp

Purchase Details

Closed on
Aug 19, 1998
Sold by
Davidson Gerald F
Bought by
Church On The Street

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
Sustainable D Llc $155,000 Pioneer Title Services
Chipps William R -- Security Title Agency Inc
Chipps James R -- None Available
Csi Secured Loan Fund Llc -- Fidelity Natl Title Ins Co
Leon Investments Inc $77,500 Fidelity National Title
City Help Inc Of Phoenix $98,000 Chicago Title Insurance Co
Beckley Gordon L $22,000 Capital Title Agency
Chapman Phoenix Corp $22,000 Capital Title Agency
Church On The Street -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sustainable D Llc $175,000
Closed Sustainable D Llc $150,000
Closed Sustainable D Llc $105,000
Previous Owner Leon Investments Inc $178,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2023 03/23/23 Sold $155,000 -8.8% $221 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
02/20/2023 02/20/23 For Sale $169,900 -- $243 / 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 $372 $2,501 -- --
2024 $294 $2,382 -- --
2023 $294 $15,650 $3,130 $12,520
2022 $320 $9,130 $1,820 $7,310
2021 $317 $9,060 $1,810 $7,250
2020 $321 $8,360 $1,670 $6,690
2019 $320 $6,010 $1,200 $4,810
2018 $315 $4,780 $950 $3,830
2017 $307 $4,160 $830 $3,330
2016 $299 $3,620 $720 $2,900
2015 $276 $2,930 $580 $2,350
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6523037

Arizona Regional Multiple Listing Service (ARMLS)

APN: 109-49-116