NOT LISTED FOR SALE

2021 W Madison St Phoenix, AZ 85009

Central City Neighborhood

Estimated Value: $229,000 - $342,000

1 Bed
2 Baths
858 Sq Ft
$341/Sq Ft Est. Value

Last Sold June 28, 2017

Last sale price $100,000 $117 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $1,667/month

2 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of June 2017

TWO HOUSES ON ONE LOT.GREAT STARTER INVESTMENT, NEAR THE STATE CAPITOL, BOTH TWO BEDROOM ONE BATH, FRONT HOUSE PAYS $550. BACK HOUSE PAYS $400, BOTH HOUSES ARE INDIVIDUALLY METERED FOR ELECTRIC AND GAS. INTERIOR INSPECTION ONLY AFTER ACCEPTED CONTRACT AND ESCROW IS OPENED, TENANTS RIGHTS

Last Agent to Sell the Property

Robert Passariello

Realty Executives Arizona Territory License #SA538257000 Listed on: 06/07/2017

Realty Executives Arizona Territory

Last Buyer's Agent

Christopher Sicz

Kristopher Realty License #BR640107000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $523

Year Built

  • Built in 1960

Lot Details

  • 7,013

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Schools

  • Mary Mcleod Bethune Elementary And Middle School
  • Central High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 6 / 35
  • Assessor Parcel Number 109-49-051

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 50x140 7000sq ft
  • Capitol Blk 43, 44, 35 38, 29, 30 Subdivision

Building Details

  • Operating Expense $1,173

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$523

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: 19th Ave and Jefferson
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: Multi Family
  • Number Of Buildings: 2
  • Year Built: 1960
  • Tax Year: 2016
  • Directions: WEST ON MADISON TO THE DUPLEX ON THE SOUTH SIDE OF THE STREET
  • Road Surface Type: Asphalt
  • Subdivision Name: CAPITOL BLK 43, 44, 35-38, 29, 30
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: See Remarks, Composition, Other
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Electric, Wall/Window Unit(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Mary Mcleod Bethune School
  • High School: Central High School
  • Middle Or Junior School: Mary Mcleod Bethune School

Lot Info

  • Lot Size: 50x140 7000sq ft
  • Additional Parcels: No
  • Parcel #: 109-49-051

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 2
  • Insurance Expense: 650.0
  • Annual Operating Expense: 1173.0

Tax Info

  • Tax Annual Amount: 523.0
  • Tax Block: 35
  • Tax Book Number: 109.00
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2017
Closed on
Jun 23, 2017
Sold by
Felix Lizeth
Bought by
Kl Property Llc
Seller's Agent
Robert Passariello
Realty Executives Arizona Territory
Buyer's Agent
Christopher Sicz
Kristopher Realty
List Price
$115,000
Sold Price
$100,000
Premium/Discount to List
-$15,000
-13.04%
Current Estimated Value
$292,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,550
Avg. Annual Appreciation
13.86%

Purchase Details

Closed on
Sep 19, 2009
Sold by
Felix Galindo and Felix Maria
Bought by
Felix Lizeth and The Fsn Irrevocable Trust

Purchase Details

Closed on
Jan 14, 2005
Sold by
Tradewinds Holdings Llc
Bought by
Felix Galindo and Felix Maria

Purchase Details

Closed on
Jul 29, 2002
Sold by
Montgomery Richard L and Montgomery Linda L
Bought by
Tradewinds Holdings Llc

Purchase Details

Closed on
Mar 29, 2002
Sold by
Central Phoenix Llc
Bought by
Montgomery Richard L and Montgomery Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,200
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2000
Sold by
Gudmundsen David C and Gudmundsen Melanie
Bought by
Central Phoenix Llc
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
Kl Property Llc $100,000 Chicago Title Agency
Felix Lizeth -- None Available
Felix Galindo $105,000 Old Republic Title Agency
Tradewinds Holdings Llc -- Arizona Title Agency Inc
Montgomery Richard L $94,000 Old Republic Title Agency
Central Phoenix Llc -- Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Montgomery Richard L $75,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2017 06/28/17 Sold $100,000 -13.0% $117 / Sq Ft
06/09/2017 06/09/17 Pending -- -- --
06/07/2017 06/07/17 For Sale $115,000 -- $134 / 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 $1,317 $9,851 -- --
2024 $1,305 $9,382 -- --
2023 $1,305 $24,080 $4,810 $19,270
2022 $1,258 $14,710 $2,940 $11,770
2021 $1,249 $13,800 $2,760 $11,040
2020 $1,263 $12,830 $2,560 $10,270
2019 $1,261 $10,210 $2,040 $8,170
2018 $552 $6,110 $1,220 $4,890
2017 $539 $5,170 $1,030 $4,140
2016 $523 $4,400 $880 $3,520
2015 $484 $3,670 $730 $2,940
Source: Public Records

Agents Affiliated with this Home

  • Robert Passariello

    Seller's Agent in 2017

    Robert Passariello

    Realty Executives

    (480) 998-0676

    4 in this area

    11 Total Sales

    Robert Passariello
    Section Image
  • Christopher Sicz

    Buyer's Agent in 2017

    Christopher Sicz

    Kristopher Realty

    (480) 628-9856

    17 Total Sales

    Christopher Sicz
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5616393

Arizona Regional Multiple Listing Service (ARMLS)

APN: 109-49-051

Arizona Maricopa County Phoenix 85009 Central City

2021 W Madison St, Phoenix, AZ

This home is located at 2021 W Madison St, Phoenix, AZ 85009 since 07 June 2017 and is currently estimated at $292,550, approximately $340 per square foot. This property was built in 1960. 2021 W Madison St is a home located in Maricopa County with nearby schools including Mary Mcleod Bethune School, Phoenix Coding Academy, and Central High School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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