NOT LISTED FOR SALE

Estimated Value: $382,000 - $609,000

-- Bed
3 Baths
750 Sq Ft
$670/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $485,000 $647 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,747/month

5 Days on Market

Highlights

  • Evaporated cooling system
  • Carpet
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of June 2023

PRICED TO SELL! HERE'S A TRIPLEX THAT OFFERS AN EXCELENT OPPORTUNITY TO BUY SOME OF THE LOWEST PRICED REAL ESTATE INVESTMENT PROPERTY OUT THERE. BIG MONEY HAS BEEN PUT INTO THE DOWNTOWN AREA AND THE RESULT IS JOBS, FREEWAYS, LIGHT RAIL ACCESS AND ALL THE ACTIVITIES ASSOCIATED WITH SPORTS, CONCERTS, ASU AND THE VISION OF A REVITALIZED DOWNTOWN.

Last Agent to Sell the Property

Jeremy Thrasher

HomeSmart License #SA690387000 Listed on: 05/24/2023

HomeSmart

Last Buyer's Agent

Huan-Ngoc Luong

RETSY License #SA681634000

RETSY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $813

Year Built

  • Built in 1986

Lot Details

  • 7,013

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Carpet

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Free Parking

Schools

  • Mary Mcleod Bethune Elementary And Middle School
  • Cesar Chavez High School

Utilities

  • Evaporated cooling system
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 16
  • Assessor Parcel Number 109-32-086

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 50x140
  • Capitol Addition Subdivision

Building Details

  • Operating Expense $813

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$813

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: Adams St & 21st Ave
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2022
  • Road Surface Type: Asphalt
  • Subdivision Name: Capitol Addition
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Appliances: Free-Standing Range
  • Appliances Included:FS OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Free, 1 Space/Unit
  • 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
  • Parking Features Free2: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Evaporative Cooling
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes

Schools

  • Elementary School: Mary Mcleod Bethune School
  • High School: Cesar Chavez High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Mary Mcleod Bethune School

Lot Info

  • Lot Size: 50x140
  • Additional Parcels: No
  • Parcel #: 109-32-086

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Annual Operating Expense: 813.0

Tax Info

  • Tax Annual Amount: 813.0
  • Tax Book Number: 109.00
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2023
Closed on
Jun 26, 2023
Sold by
Machriske Llc
Bought by
Guillen Brian and Guillen Neftali Murillo
Seller's Agent
Jeremy Thrasher
HomeSmart
Buyer's Agent
Huan-Ngoc Luong
RETSY
List Price
$475,000
Sold Price
$485,000
Premium/Discount to List
$10,000
2.11%
Views
2
Current Estimated Value
$502,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,747
Avg. Annual Appreciation
1.60%
Original Mortgage
$363,750
Outstanding Balance
$354,340
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$148,407

Purchase Details

Closed on
Sep 27, 2018
Sold by
Padilla Daisy
Bought by
Machriske Llc

Purchase Details

Closed on
Jun 1, 2018
Sold by
Correa Ricardo and Padilla Daisy M
Bought by
Padilla Daisy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2017
Sold by
Machriske Llc
Bought by
Padilla Daisy M

Purchase Details

Closed on
Apr 18, 2017
Sold by
Padilla Daisy M
Bought by
Machriske Llc

Purchase Details

Listed on
Sep 10, 2013
Closed on
Jan 23, 2014
Sold by
Correa Ricardo and Padilla Daisy M
Bought by
Padilla Daisy M
Seller's Agent
Richard Vairo
Prestige Realty
Buyer's Agent
John Karam
Gentry Real Estate
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.69%
Original Mortgage
$55,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 10, 2009
Sold by
Pyavka Alexandr and Mortgage Electronic Registrati
Bought by
Russell William M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,115
Interest Rate
4.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 28, 2005
Sold by
Foresight Investment Group Llc
Bought by
Pyavka Alexandr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,800
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 23, 2005
Sold by
Pyavka Svetlana
Bought by
Pyavka Alexandr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,800
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 18, 2005
Sold by
Alvarez Colin Sixto and Alvarez Colin Maria
Bought by
Foresight Investment Group Llc

Purchase Details

Closed on
Feb 5, 2002
Sold by
Moncibaez David and Moncibaez Juan Diego
Bought by
Alvarez Colin Sixto and Alvarez Colin Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,377
Interest Rate
7.15%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 10, 2002
Sold by
Moncibaez Rita C
Bought by
Moncibaez Juan Diego

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,377
Interest Rate
7.15%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 15, 1994
Sold by
Moncibaez Jose
Bought by
Moncibaez David and Moncibaez Juan Diego
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Guillen Brian $485,000 Navi Title Agency
Machriske Llc -- None Available
Padilla Daisy M -- Driggs Title Agency Inc
Padilla Daisy M -- None Available
Machriske Llc -- None Available
Padilla Daisy M -- Lawyers Title Of Arizona Inc
Padilla Daisy M $75,000 Lawyers Title Of Arizona Inc
Russell William M $44,600 None Available
Pyavka Alexandr $201,000 Title Security Agency Of Az
Pyavka Alexandr -- Title Security Agency Of Az
Foresight Investment Group Llc $111,810 --
Alvarez Colin Sixto $105,000 First American Title
Moncibaez David -- First American Title
Moncibaez Juan Diego -- First American Title
Moncibaez David -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guillen Brian $363,750
Previous Owner Padilla Daisy M $147,000
Previous Owner Padilla Daisy M $55,000
Previous Owner Russell William M $71,115
Previous Owner Pyavka Alexandr $160,800
Previous Owner Pyavka Alexandr $160,800
Previous Owner Alvarez Colin Sixto $103,377
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2023 06/26/23 Sold $485,000 +2.1% $647 / Sq Ft
05/30/2023 05/30/23 Pending -- -- --
05/24/2023 05/24/23 For Sale $475,000 +533.3% $633 / Sq Ft
01/24/2014 01/24/14 Sold $75,000 -11.8% $100 / Sq Ft View Prior Sale
01/13/2014 01/13/14 Pending -- -- --
09/10/2013 09/10/13 For Sale $85,000 -- $113 / 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 $851 $6,367 -- --
2024 $843 $6,063 -- --
2023 $843 $27,520 $5,500 $22,020
2022 $813 $18,710 $3,740 $14,970
2021 $807 $16,680 $3,330 $13,350
2020 $816 $14,500 $2,900 $11,600
2019 $815 $12,560 $2,510 $10,050
2018 $801 $10,100 $2,020 $8,080
2017 $783 $9,420 $1,880 $7,540
2016 $760 $7,230 $1,440 $5,790
2015 $703 $6,200 $1,240 $4,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6560572

Arizona Regional Multiple Listing Service (ARMLS)

APN: 109-32-086