NOT LISTED FOR SALE

Estimated Value: $385,947

2 Beds
2 Baths
1,737 Sq Ft
$222/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $395,000 $227 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,297/month

14 Days on Market

Highlights

  • RV Access or Parking
  • Corner Lot
  • No HOA
  • Phoenix Coding Academy Rated A
  • Private Yard
  • Covered Patio or Porch

About This Home

As of March 2022

Bodega with attached 2 bed, 1 bath apartment. Total square footage with the apartment is 1,736 and sits on a R-6 zoned 10,426 square foot corner lot. Great opportunity to update with some cosmetic improvements for a great revenue stream. Apartment is currently leased for $1,200 / month plus an RV storage rental at $300 for one space and a boat stored for $230 / month. The lot has plenty of space to add additional square footage, storage lockers, and possibly additional units, many options to create a significant cash flow aside from the current rent roll.

Last Agent to Sell the Property

Chad Vice

Venture REI, LLC License #SA551681000 Listed on: 01/18/2022

Last Buyer's Agent

Amy Williams

W and Partners, LLC License #SA686039000

W and Partners, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,183

Year Built

  • Built in 1925

Lot Details

  • 10,426 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Corner Lot
  • Private Yard

Home Design

  • Property Attached
  • Foam Roof
  • Block Exterior

Interior Spaces

  • 1,737 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Washer and Dryer Hookup

Flooring

  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 8 Open Parking Spaces
  • Side or Rear Entrance to Parking
  • RV Access or Parking

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • William T Machan Elementary School
  • Camelback High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by LARGE CORNER LOT
  • Rental Apartment With Additional Income Potential Subdivision

Listing and Financial Details

  • Assessor Parcel Number 117-07-195-A

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,183

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Cross Street: THOMAS ROAD & 20TH STREET
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 8.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1925
  • Tax Year: 2021
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.24
  • Subdivision Name: RENTAL APARTMENT WITH ADDITIONAL INCOME POTENTIAL
  • Architectural Style: Other
  • Property Attached Yn: Yes
  • Tax Parcel Letter: A
  • General Property Description:PriceSqFt: 227.4
  • Windows:Dual Pane: Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Linoleum, Tile
  • Basement YN: No
  • Possible Use: Other
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet
  • Living Area: 1737.0
  • Stories: 1
  • Window Features: Dual Pane
  • Other Rooms:Great Room: Yes

Exterior Features

  • Fencing: Block, Chain Link, Wood
  • Exterior Features: Private Yard, Storage
  • Lot Features: Corner Lot, Gravel/Stone Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Block
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Foam, Rolled/Hot Mop
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Storage: Yes

Garage/Parking

  • Parking Features: RV Access/Parking, RV Gate, Rear Vehicle Entry, Separate Strge Area, Side Vehicle Entry
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Parking Features:RV Gate: Yes
  • Parking Features:Rear Vehicle Entry: Yes
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Side Vehicle Entry: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • 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: William T Machan Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: William T Machan Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10426.0
  • Parcel #: 117-07-195-A

Building Info

  • Builder Name: LARGE CORNER LOT

Tax Info

  • Tax Annual Amount: 3183.0
  • Tax Book Number: 117.00
  • Tax Lot: 0
  • Tax Map Number: 7.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2024
Sold by
Williams Amy
Bought by
Williams Amy and Williams Kenneth Ray
Current Estimated Value
$385,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Outstanding Balance
$576,161
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
-$190,214

Purchase Details

Closed on
Aug 8, 2022
Sold by
Amy Williams
Bought by
Baddie Bodega Llc

Purchase Details

Listed on
Jan 18, 2022
Closed on
Feb 28, 2022
Sold by
Cdmd Llc
Bought by
Williams Amy and Contreras Joel
Seller's Agent
Chad Vice
Venture REI, LLC
Buyer's Agent
Amy Williams
W and Partners, LLC
List Price
$399,900
Sold Price
$395,000
Premium/Discount to List
-$4,900
-1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.61%
Original Mortgage
$390,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2021
Sold by
Kim Seong Jin
Bought by
Cdmd Llc

Purchase Details

Closed on
Nov 5, 2003
Sold by
Sweiss Nidal
Bought by
Kim Seong Jin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.72%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Williams Amy -- Driggs Title Agency
Baddie Bodega Llc -- None Listed On Document
Williams Amy $390,000 Valleywide Title
Cdmd Llc $185,000 Empire West Title Agency Llc
Kim Seong Jin -- Empire West Title Agency Llc
Kim Seong Jin $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Amy $580,000
Previous Owner Williams Amy $410,000
Previous Owner Williams Amy $390,000
Previous Owner Kim Seong Jin $20,000
Previous Owner Kim Seong Jin $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2022 03/01/22 Sold $395,000 -1.2% $227 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $399,900 -- $230 / 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 $3,277 $24,261 -- --
2024 $3,253 $23,609 -- --
2023 $3,253 $38,828 $27,214 $11,614
2022 $3,029 $29,024 $18,450 $10,574
2021 $3,183 $29,352 $18,827 $10,525
2020 $3,103 $27,041 $16,369 $10,672
2019 $3,083 $22,757 $12,615 $10,142
2018 $3,018 $21,933 $11,673 $10,260
2017 $2,899 $21,315 $12,159 $9,156
2016 $2,785 $19,769 $11,364 $8,405
2015 $2,645 $16,516 $11,261 $5,255
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6343422

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-07-195A