NOT LISTED FOR SALE

Estimated Value: $331,000 - $419,610

5 Beds
3 Baths
1,854 Sq Ft
$200/Sq Ft Est. Value

Last Sold June 28, 2022

Last sale price $430,000 $232 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $1,989/month

28 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of June 2022

!!Gorgeous Multi-family Tri-Plex property in the heart of Phoenix with a beautiful detached duplex split into two units!! Showcasing a traditional split floor plan with neutral palette throughout, tile flooring, and perfectly sized living areas. Just minutes from downtown Phoenix and Sky Harbor Airport. Great rental income as this property has a main house with a detached duplex that is split into two gorgeous 1 bedroom apartments! Discover all three spotless kitchens offering ample wood cabinetry and plenty of counter space for all your cooking needs! Ceiling fans, well-sized closets, and full pristine bathrooms. Spacious lot boasts endless possibilities to turn into whatever your heart desires! You don't want to miss this fantastic opportunity! Schedule a showing today

Last Agent to Sell the Property

Luis Porras

West USA Realty License #SA675046000 Listed on: 05/20/2022

West USA Realty

Last Buyer's Agent

Jan Garay

Gentry Real Estate License #SA684781000

Gentry Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $627

Year Built

  • Built in 1951

Lot Details

  • 8,276

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating Available

Listing and Financial Details

  • The owner pays for electricity, trash collection, water, sewer
  • Legal Lot and Block 2 / 1
  • Assessor Parcel Number 116-01-008

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 166.39x49.96
  • Aviation Homesites Subdivision

Building Details

  • Operating Expense $9,447
  • Gross Income $42,000
  • Net Operating Income $34,713

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$627

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Cross Street: 24th Street and Taylor
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: [R-4]
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1951
  • Tax Year: 2021
  • Road Surface Type: Gravel, Dirt
  • Subdivision Name: AVIATION HOMESITES
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central Air, Window/Wall Unit, Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter, City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Trash Expense: 2160.0
  • Annual Water Sewer Expense: 2160.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 166.39x49.96
  • Additional Parcels: No
  • Parcel #: 116-01-008

Multi Family

  • Owner Pays: Electricity, Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Electric Expense: 4500.0
  • Annual Gross Income: 42000.0
  • Property Net Operating Income: 34713.0
  • Annual Operating Expense: 9447.0

Tax Info

  • Tax Annual Amount: 627.0
  • Tax Block: 1
  • Tax Book Number: 116.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2025
Sold by
B2b Holdings Llc
Bought by
Emerald Circle Llc
Current Estimated Value
$371,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,750
Outstanding Balance
$282,719
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$88,434

Purchase Details

Closed on
Apr 22, 2025
Sold by
Trustee Corps and Mtc Financial Inc
Bought by
Sentinel Security Life Insurance Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,750
Outstanding Balance
$282,719
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$88,434

Purchase Details

Listed on
May 20, 2022
Closed on
Jun 24, 2022
Sold by
Clementina Olguin Maria
Bought by
Smith & Sauer Llc
Seller's Agent
Luis Porras
West USA Realty
Buyer's Agent
Jan Garay
Gentry Real Estate
List Price
$499,900
Sold Price
$430,000
Premium/Discount to List
-$69,900
-13.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.96%
Original Mortgage
$478,250
Interest Rate
5.3%
Mortgage Type
Construction
Source: Public Records
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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
Emerald Circle Llc $335,000 Pioneer Title Agency
B2b Holdings Llc $315,000 Pioneer Title Agency
Sentinel Security Life Insurance Company $484,100 None Listed On Document
Smith & Sauer Llc $430,000 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emerald Circle Llc $284,750
Previous Owner Smith & Sauer Llc $478,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2022 06/28/22 Sold $430,000 0.0% $232 / Sq Ft
06/17/2022 06/17/22 Pending -- -- --
06/09/2022 06/09/22 Off Market $430,000 -- --
06/03/2022 06/03/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $499,900 -- $270 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $738 $5,294 -- --
2024 $694 $5,041 -- --
2023 $694 $24,270 $4,850 $19,420
2022 $614 $17,160 $3,430 $13,730
2021 $627 $15,400 $3,080 $12,320
2020 $624 $12,620 $2,520 $10,100
2019 $622 $10,520 $2,100 $8,420
2018 $615 $8,530 $1,700 $6,830
2017 $568 $8,150 $1,630 $6,520
2016 $578 $6,330 $1,260 $5,070
2015 $533 $5,310 $1,060 $4,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6403240

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-01-008

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