2101 W Heatherbrae Dr Phoenix, AZ 85015
Alhambra NeighborhoodEstimated payment $4,075/month
Highlights
- Cooling Available
- Vinyl Flooring
- Heating Available
- Phoenix Coding Academy Rated A
About This Home
Newly renovated fourplex in West-Central Phoenix, ideal for investors seeking a stabilized asset with minimal maintenance. Each of the four 2BD/1BA units (approx. 700 SF) has been tastefully updated with modern finishes, new flooring, stainless steel appliances, and in-unit washer/dryer. Property improvements include new landscaping with turf and drip system, upgraded parking, new gates, security cameras, and water heaters. Sitting on a 12,332 SF R-3 zoned lot, the property offers strong curb appeal and excellent functionality. Three units are occupied with one available—offering flexibility for an owner-occupant or to achieve market rent. Prime location near the I-17 freeway, Grand Canyon University, and major employment hubs.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,695
Year Built
- Built in 1963
Home Design
- Block Exterior
Flooring
- Vinyl Flooring
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Paved Parking
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tax Lot 12
- Assessor Parcel Number 154-29-053-C
Community Details
Overview
- 4 Units
- Building Dimensions are 91 x 103
- Indian Wells Subdivision
Building Details
- Operating Expense $10,590
- Gross Income $68,970
- Net Operating Income $58,209
Map
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 | $1,866 | $11,801 | -- | -- |
| 2024 | $1,703 | $11,240 | -- | -- |
| 2023 | $1,703 | $41,930 | $8,380 | $33,550 |
| 2022 | $1,677 | $28,460 | $5,690 | $22,770 |
| 2021 | $1,693 | $26,480 | $5,290 | $21,190 |
| 2020 | $1,627 | $22,370 | $4,470 | $17,900 |
| 2019 | $1,607 | $18,450 | $3,690 | $14,760 |
| 2018 | $1,484 | $15,770 | $3,150 | $12,620 |
| 2017 | $1,465 | $14,470 | $2,890 | $11,580 |
| 2016 | $1,403 | $12,560 | $2,510 | $10,050 |
| 2015 | $1,328 | $10,680 | $2,130 | $8,550 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/04/2025 11/04/25 | For Sale | $750,000 | +400.0% | -- | |
| 01/16/2015 01/16/15 | Sold | $150,000 | -23.1% | $53 / Sq Ft | View Prior Sale |
| 12/15/2014 12/15/14 | Pending | -- | -- | -- | |
| 05/08/2014 05/08/14 | For Sale | $195,000 | +95.0% | $69 / Sq Ft | |
| 08/09/2012 08/09/12 | Sold | $100,000 | 0.0% | $35 / Sq Ft | View Prior Sale |
| 07/07/2012 07/07/12 | Pending | -- | -- | -- | |
| 06/15/2012 06/15/12 | For Sale | $100,000 | -- | $35 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Special Warranty Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Special Warranty Deed | -- | None Available | |
| Special Warranty Deed | -- | None Available | |
| Special Warranty Deed | -- | None Available | |
| Warranty Deed | $150,000 | First Arizona Title Agency | |
| Special Warranty Deed | $100,000 | Accommodation | |
| Interfamily Deed Transfer | -- | Dirggs Title Agency Inc | |
| Warranty Deed | $100,000 | First American Title Ins Co | |
| Cash Sale Deed | $70,000 | First American Title Ins Co | |
| Interfamily Deed Transfer | -- | Chicago Title | |
| Cash Sale Deed | $45,000 | Accommodation | |
| Trustee Deed | $247,058 | None Available | |
| Warranty Deed | $330,000 | Capital Title Agency Inc | |
| Warranty Deed | $625,000 | Transnation Title | |
| Warranty Deed | $650,000 | First American Title Ins |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $147,283 | FHA | |
| Previous Owner | $94,500 | New Conventional | |
| Previous Owner | $30,000 | Seller Take Back | |
| Previous Owner | $231,000 | New Conventional | |
| Previous Owner | $80,000 | Seller Take Back | |
| Previous Owner | $550,000 | Seller Take Back | |
| Closed | $99,000 | No Value Available |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6942801
APN: 154-29-053C
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