2032 W Cypress St Phoenix, AZ 85009
Encanto-Palmcroft NeighborhoodEstimated payment $2,581/month
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Bed
--
Bath
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Sq Ft
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Price per Sq Ft
Highlights
- RV Access or Parking
- Attached Carport
- Heating System Uses Natural Gas
- Phoenix Coding Academy Rated A
- Central Air
About This Home
Fantastic Investor opportunity! Perfect for the seasoned investor to add to their portfolio or an owner-occupant who wants passive income from stabilized rents. Each unit is a 1 bedroom, 1 bathroom with the front and rear units (2034 W Cypress St) sharing a rear yard and 2032 W Cypress St enjoying a private yard and gated, covered parking. All appliances and lockable storage shed in the rear yard are landlord owned and convey in sale. This is a solid property that's ready for its new owner. Reach out with any questions.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $971
Year Built
- Built in 1952
Home Design
- Brick Exterior Construction
- Composition Roof
Parking
- 5 Open Parking Spaces
- 11 Parking Spaces
- Attached Carport
- On-Street Parking
- RV Access or Parking
Schools
- Capitol Elementary School
- Central High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Master Meter
- Cable TV Available
Listing and Financial Details
- The owner pays for water, sewer, trash collection, landscaping
- Tax Lot 12
- Assessor Parcel Number 110-53-026
Community Details
Overview
- 2 Buildings
- 3 Units
- Building Dimensions are 72 x 95
- Villa Verde Acres Subdivision
Building Details
- Operating Expense $5,441
- Gross Income $39,319
- Net Operating Income $33,878
Map
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Home Values in the Area
Average Home Value in this Area
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 | $971 | $6,837 | -- | -- |
| 2024 | $906 | $6,512 | -- | -- |
| 2023 | $906 | $24,050 | $4,810 | $19,240 |
| 2022 | $873 | $18,020 | $3,600 | $14,420 |
| 2021 | $867 | $15,700 | $3,140 | $12,560 |
| 2020 | $877 | $13,330 | $2,660 | $10,670 |
| 2019 | $875 | $11,080 | $2,210 | $8,870 |
| 2018 | $860 | $9,620 | $1,920 | $7,700 |
| 2017 | $840 | $8,520 | $1,700 | $6,820 |
| 2016 | $816 | $7,080 | $1,410 | $5,670 |
| 2015 | $755 | $5,970 | $1,190 | $4,780 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/25/2026 04/25/26 | For Sale | $474,900 | +11.7% | -- | |
| 09/23/2021 09/23/21 | Sold | $425,000 | 0.0% | $282 / Sq Ft | View Prior Sale |
| 08/11/2021 08/11/21 | Pending | -- | -- | -- | |
| 08/11/2021 08/11/21 | Price Changed | $425,000 | +3.2% | $282 / Sq Ft | |
| 08/10/2021 08/10/21 | For Sale | $412,000 | +133.6% | $274 / Sq Ft | |
| 04/10/2018 04/10/18 | Sold | $176,400 | -1.9% | $117 / Sq Ft | View Prior Sale |
| 04/09/2018 04/09/18 | For Sale | $179,900 | 0.0% | $120 / Sq Ft | |
| 04/09/2018 04/09/18 | Price Changed | $179,900 | 0.0% | $120 / Sq Ft | |
| 02/22/2018 02/22/18 | For Sale | $179,900 | -- | $120 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $425,000 | Empire West Title Agency Llc | |
| Special Warranty Deed | $176,400 | Empire West Title Agency Llc | |
| Cash Sale Deed | $103,000 | Empire West Title Agency Llc | |
| Warranty Deed | $119,000 | Empire West Title Agency Llc | |
| Joint Tenancy Deed | $150,698 | Title Guaranty Agency Of Az | |
| Interfamily Deed Transfer | -- | -- | |
| Joint Tenancy Deed | $80,000 | Capital Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $318,750 | New Conventional | |
| Previous Owner | $182,221 | VA | |
| Previous Owner | $95,000 | Purchase Money Mortgage | |
| Previous Owner | $96,000 | Trade | |
| Previous Owner | $64,000 | New Conventional |
Source: Public Records
About the Listing Agent
Experienced REALTOR®, David Mendel, currently serves buyers and sellers located in and around greater Maricopa County. For over 25 years, David has continued to hold client satisfaction as his highest priority and works hard to make the entire home buying and selling experience as productive and enjoyable as possible. Clients working with David never fail to appreciate his dedication, professional integrity and fierce efficiency.
David's extensive knowledge and experience allow him to
David's Other Listings
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7014410
APN: 110-53-026
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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