NOT LISTED FOR SALE

2022 N 24th Place Phoenix, AZ 85008

Central City Neighborhood

Estimated Value: $428,000 - $509,000

2 Beds
-- Bath
1,736 Sq Ft
$269/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $405,000 $233 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,552/month

87 Days on Market

Highlights

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

About This Home

As of May 2023

This duplex has two gated, private entry units with private yards. Each unit is separately metered for all utilities, and both are 2 bed/1 bath with interior laundry hookups. This can be a great cash flowing investment, or would be a great home to live in while renting the second unit for supplementary income. Please do not disturb the tenants.

Last Agent to Sell the Property

Tyler Bruggman

ABI Multifamily License #SA660047000 Listed on: 01/28/2023

Last Buyer's Agent

Sarah Hall

Real Broker License #SA686763000

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,148

Year Built

  • Built in 1946

Lot Details

  • 7,841

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 3 Open Parking Spaces
  • 5 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for water, sewer
  • Tax Lot 16
  • Assessor Parcel Number 120-37-120

Community Details

Overview

  • 2 Units
  • Building Dimensions are NA

Building Details

  • Operating Expense $1,148
  • Gross Income $39,460
  • Net Operating Income $35,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,148

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Cross Street: 24th Street and Thomas
  • Property Type: Multiple Dwellings
  • Zoning: R1-6
  • Number Of Buildings: 1
  • Year Built: 1946
  • Tax Year: 2022
  • Road Surface Type: Private Street
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: Individual Meter
  • Cooling: Electric
  • 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

  • Community Amenities:No Pool: Yes

Lot Info

  • Lot Size: NA
  • Additional Parcels: No
  • Parcel #: 120-37-120

Multi Family

  • Owner Pays: None
  • Tenant Pays: Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 39459.6
  • Property Net Operating Income: 35000.0
  • Annual Operating Expense: 1148.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 1148.0
  • Tax Book Number: 120.00
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2023
Closed on
May 5, 2023
Sold by
Tb 24Th Pl Llc
Bought by
Aventura Invesments Llc
Seller's Agent
Tyler Bruggman
ABI Multifamily
Buyer's Agent
Sarah Hall
Real Broker
List Price
$475,000
Sold Price
$405,000
Premium/Discount to List
-$70,000
-14.74%
Views
206
Current Estimated Value
$466,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,561
Avg. Annual Appreciation
5.62%

Purchase Details

Closed on
Jun 13, 2022
Sold by
Tyler Bruggman
Bought by
Tb 24Th Pl Llc

Purchase Details

Closed on
Jan 31, 2022
Sold by
Sequoia Properties Llc
Bought by
Bruggman Tyler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,675
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2002
Sold by
Mendez Sergio A and Mendez Uta A
Bought by
Sequoia Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Aventura Invesments Llc $390,000 Chicago Title Agency
Tb 24Th Pl Llc -- --
Bruggman Tyler $336,900 Pioneer Title
Sequoia Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bruggman Tyler $252,675
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2023 05/05/23 Sold $405,000 -3.3% $233 / Sq Ft
04/22/2023 04/22/23 Price Changed $419,000 -1.9% $241 / Sq Ft
04/21/2023 04/21/23 Price Changed $427,000 -1.4% $246 / Sq Ft
04/07/2023 04/07/23 Price Changed $433,000 -2.7% $249 / Sq Ft
03/31/2023 03/31/23 Price Changed $445,000 -0.9% $256 / Sq Ft
03/28/2023 03/28/23 Price Changed $449,000 -3.6% $259 / Sq Ft
03/15/2023 03/15/23 Price Changed $466,000 -1.7% $268 / Sq Ft
03/03/2023 03/03/23 Price Changed $473,900 -0.2% $273 / Sq Ft
02/17/2023 02/17/23 Price Changed $474,900 0.0% $274 / Sq Ft
01/27/2023 01/27/23 For Sale $475,000 -- $274 / 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 $1,256 $9,296 -- --
2024 $1,195 $8,853 -- --
2023 $1,195 $34,130 $6,820 $27,310
2022 $1,148 $25,080 $5,010 $20,070
2021 $1,176 $21,480 $4,290 $17,190
2020 $1,147 $17,580 $3,510 $14,070
2019 $1,139 $14,420 $2,880 $11,540
2018 $1,115 $12,030 $2,400 $9,630
2017 $1,072 $11,830 $2,360 $9,470
2016 $1,031 $9,960 $1,990 $7,970
2015 $959 $8,660 $1,730 $6,930
Source: Public Records

Agents Affiliated with this Home

  • Tyler Bruggman

    Seller's Agent in 2023

    Tyler Bruggman

    ABI Multifamily

    (480) 353-6234

    6 in this area

    20 Total Sales

    Tyler Bruggman
    Section Image
  • Sarah Hall

    Buyer's Agent in 2023

    Sarah Hall

    Real Broker

    (480) 645-2022

    1 in this area

    26 Total Sales

    Sarah Hall
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6513205

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-37-120

Arizona Maricopa County Phoenix 85008 Central City

2022 N 24th Place, Phoenix, AZ

Not Listed for Sale

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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