NOT LISTED FOR SALE

Estimated Value: $481,831 - $660,000

-- Bed
-- Bath
1,222 Sq Ft
$453/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $315,000 $258 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,238/month

59 Days on Market

Highlights

  • Wood Flooring
  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Emerson Elementary School Rated 9+

About This Home

As of July 2019

This charming duplex offers 2 units and is nestled in the heart of Phoenix! Upon entering these units, you are greeted with original hardwood flooring, soft paint palettes, cozy fireplaces and tons of natural light throughout! The kitchens offer white cabinetry, gas stoves and dual sinks. The bedrooms offer plenty of room for sleep, study and storage. The backyard area is expansive and offers lush green grass, shade trees and tons of room for entertaining under the new gazebo. Don't miss out on this historic multi family property!

Last Agent to Sell the Property

Dave Westbrook

Urban Luxe Real Estate License #SA644019000 Listed on: 05/01/2019

Last Buyer's Agent

Stephanie Tarr

RETSY License #SA555726000

RETSY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,591

Year Built

  • Built in 1925

Lot Details

  • 6,403

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Wood
  • Ceramic Tile

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Schools

  • Ralph Waldo Emerson Elementary School
  • North High School

Utilities

  • Multiple cooling system units
  • Central Air
  • Heating System Uses Natural Gas
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for trash collection, gas, electricity, water, sewer
  • Legal Lot and Block 2 / 1
  • Assessor Parcel Number 117-26-149

Community Details

Overview

  • 2 Units
  • Building Dimensions are 6398
  • East Princeton Heights Subdivision

Building Details

  • Operating Expense $1,591
  • Net Operating Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,591

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Cross Street: N. 7th Street and E. McDowell Rd.
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: [R1-6]
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1925
  • Tax Year: 2018
  • Directions: From 12th st and Thomas head South on 12th St to Monte Vista, Head west on Monte Vista to 11th St. Head South on 11th St and its the first property on your left.
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: EAST PRINCETON HEIGHTS
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None, Seller Prop Disc Stm
  • Construction Type: Painted, Block, Brick
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • 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

Utilities

  • Electric: APS
  • Cooling: Individual, Central A/C, 2 or More Units
  • Heating: Individual, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Natural Gas: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Elementary School: Ralph Waldo Emerson Elementary School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Ralph Waldo Emerson Elementary School

Lot Info

  • Lot Size: 6398
  • Additional Parcels: No
  • Parcel #: 117-26-149

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Gas, Electricity, Water, Sewer
  • Number Of Units Total: 2
  • Property Net Operating Income: 21600.0
  • Annual Operating Expense: 1591.0

Tax Info

  • Tax Annual Amount: 1591.0
  • Tax Block: 1
  • Tax Book Number: 117.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2019
Closed on
Jul 23, 2019
Sold by
Clingan Colin C and Clingan Gabrielle P
Bought by
York Amanda
Seller's Agent
Dave Westbrook
Urban Luxe Real Estate
Buyer's Agent
Stephanie Tarr
RETSY
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Total Days on Market
59
Current Estimated Value
$553,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,708
Avg. Annual Appreciation
10.09%
Original Mortgage
$293,400
Outstanding Balance
$259,878
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$293,830

Purchase Details

Listed on
May 1, 2018
Closed on
Jul 11, 2018
Sold by
Arroyo Veronica and Mantilla Russell
Bought by
Clingan Colin C and Clingan Gabrielle P
Seller's Agent
Gabriel Escontrias
Realty ONE Group
Buyer's Agent
Elias Dabdoub
FSR Realty
List Price
$297,000
Sold Price
$282,000
Premium/Discount to List
-$15,000
-5.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.23%
Original Mortgage
$211,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2010
Sold by
Fannie Mae
Bought by
Arroyo Veronica and Mantilla Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,920
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2010
Sold by
Martin Thomas O
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 27, 1994
Sold by
Upshaw Cheryl and Huish Cheryl E
Bought by
Martin Thomas O
Source: Public Records

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Range of Values:

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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
York Amanda $315,000 Fidelity Natl Ttl Agcy Inc
Clingan Colin C $282,000 Clear Title Agency Of Arizon
Arroyo Veronica $54,900 Stewart Title & Trust Of Pho
Federal National Mortgage Association $121,227 First American Title
Martin Thomas O $60,140 Stewart Title & Tr Of Phoeni
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open York Amanda $293,400
Previous Owner Clingan Colin C $211,500
Previous Owner Arroyo Veronica $43,920
Previous Owner Martin Thomas O $116,000
Previous Owner Martin Thomas O $111,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2019 07/31/19 Sold $315,000 -3.1% $258 / Sq Ft
06/11/2019 06/11/19 For Sale $325,000 0.0% $266 / Sq Ft
06/11/2019 06/11/19 Price Changed $325,000 0.0% $266 / Sq Ft
05/01/2019 05/01/19 For Sale $325,000 +15.2% $266 / Sq Ft
07/18/2018 07/18/18 Sold $282,000 -5.1% $231 / Sq Ft
05/01/2018 05/01/18 For Sale $297,000 -- $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 $1,690 $12,639 -- --
2024 $1,674 $12,038 -- --
2023 $1,674 $40,260 $8,050 $32,210
2022 $1,614 $30,100 $6,020 $24,080
2021 $1,602 $27,350 $5,470 $21,880
2020 $1,621 $21,270 $4,250 $17,020
2019 $1,618 $18,370 $3,670 $14,700
2018 $1,591 $14,570 $2,910 $11,660
2017 $1,554 $14,300 $2,860 $11,440
2016 $1,509 $12,150 $2,430 $9,720
2015 $1,396 $12,700 $2,540 $10,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5919073

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-26-149