NOT LISTED FOR SALE

Estimated Value: $285,000 - $317,000

-- Bed
-- Bath
1,189 Sq Ft
$253/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $305,000 $257 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,798/month

76 Days on Market

Highlights

  • Cooling Available
  • No Heating
  • 2-minute walk to Grant Park
  • Phoenix Coding Academy Rated A

About This Home

As of October 2022

GREAT INVESMENT NEAR DOWNTOWN PHOENIX ZONED R4.

Last Agent to Sell the Property

Luis Espinoza

Gile Commercial Real Estate License #SA663217000 Listed on: 06/08/2022

Last Buyer's Agent

Jorge Munos

Realty Executives Arizona Territory License #SA654047000

Realty Executives Arizona Territory

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $441

Year Built

  • Built in 1926

Home Design

  • Wood Frame Construction
  • Composition Roof

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Utilities

  • Cooling Available
  • No Heating

Listing and Financial Details

  • The owner pays for trash collection, water, landscaping
  • Legal Lot and Block 1 / 29
  • Assessor Parcel Number 112-24-075

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 3250
  • Montgomery Add Amd Blks 75, 83, 84, 91, 99 102 Subdivision

Building Details

  • Operating Expense $441

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$441

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: r4
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1926
  • Tax Year: 2021
  • Road Surface Type: Gravel, Dirt, Asphalt
  • Subdivision Name: MONTGOMERY ADD AMD BLKS 75, 83, 84, 91, 99-102
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0

Utilities

  • Electric: APS, Individual Meter
  • Cooling: None
  • Heating: None
  • Cooling Y N: Yes
  • Heating Yn: No
  • Water Source: Other, See Remarks
  • Heating:None29: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 3250
  • Additional Parcels: No
  • Parcel #: 112-24-075

Multi Family

  • Owner Pays: Trash Collection, Water, Landscaping
  • Number Of Units Total: 3
  • Annual Operating Expense: 441.0

Tax Info

  • Tax Annual Amount: 441.0
  • Tax Block: 29
  • Tax Book Number: 112.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Aug 29, 2022
Sold by
Weekly Jordyn
Bought by
Guillen Jocelyn and Guillen Edgar
Seller's Agent
Luis Espinoza
Gile Commercial Real Estate
Buyer's Agent
Jorge Munos
Realty Executives Arizona Territory
List Price
$380,000
Sold Price
$305,000
Premium/Discount to List
-$75,000
-19.74%
Views
9
Current Estimated Value
$332,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,543
Avg. Annual Appreciation
-0.40%
Original Mortgage
$234,279
Interest Rate
6.02%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 14, 2018
Closed on
Mar 26, 2018
Sold by
Keith Hynes Meghan
Bought by
Weekly Jordyn
Seller's Agent
Linda Gerchick
Gerchick Real Estate
Buyer's Agent
Linda Gerchick
Gerchick Real Estate
List Price
$165,000
Sold Price
$120,000
Premium/Discount to List
-$45,000
-27.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.59%

Purchase Details

Listed on
Mar 14, 2018
Closed on
Mar 23, 2018
Sold by
Keith Hynes Patrick
Bought by
Keith Hynes Meghan
Seller's Agent
Linda Gerchick
Gerchick Real Estate
Buyer's Agent
Linda Gerchick
Gerchick Real Estate
List Price
$165,000
Sold Price
$120,000
Premium/Discount to List
-$45,000
-27.27%

Purchase Details

Listed on
Aug 28, 2015
Closed on
Oct 12, 2015
Sold by
Aspen Investment Properties Llc
Bought by
Keith Hynes Meghan
Seller's Agent
Ryan Gehris
Usrealty Estate Brokerage LLC
Buyer's Agent
Dick Rosen
LHM Realty
List Price
$92,900
Sold Price
$85,000
Premium/Discount to List
-$7,900
-8.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.11%

Purchase Details

Closed on
Feb 17, 2015
Sold by
Denver Investment Group Llc
Bought by
Aspen Investment Properties Llc

Purchase Details

Closed on
May 12, 2014
Sold by
Terrys Real Estate Investments Llc
Bought by
Denver Investments Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,800
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2014
Sold by
Ruelas Candelaria
Bought by
Terrys Real Estate Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,800
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage
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 Jocelyn $307,000 First American Title
Weekly Jordyn $120,000 Empire West Title Agency Llc
Keith Hynes Meghan -- Empire West Title Agency Llc
Keith Hynes Meghan $85,000 Great Amer Title Agency Inc
Aspen Investment Properties Llc -- None Available
Denver Investments Group Llc $25,000 Pioneer Title Agency Inc
Terrys Real Estate Investments Llc $14,000 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guillen Jocelyn $234,279
Previous Owner Denver Investments Group Llc $54,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2022 10/21/22 Sold $305,000 -19.7% $257 / Sq Ft
10/15/2022 10/15/22 For Sale $380,000 0.0% $320 / Sq Ft
10/15/2022 10/15/22 Price Changed $380,000 0.0% $320 / Sq Ft
08/23/2022 08/23/22 Pending -- -- --
08/22/2022 08/22/22 Price Changed $380,000 +887.0% $320 / Sq Ft
06/08/2022 06/08/22 For Sale $38,500 -67.9% $32 / Sq Ft
03/26/2018 03/26/18 Sold $120,000 -27.3% $101 / Sq Ft View Prior Sale
03/15/2018 03/15/18 Pending -- -- --
03/14/2018 03/14/18 For Sale $165,000 +94.1% $139 / Sq Ft
10/15/2015 10/15/15 Sold $85,000 -8.5% $71 / Sq Ft View Prior Sale
10/08/2015 10/08/15 Pending -- -- --
08/28/2015 08/28/15 For Sale $92,900 -- $78 / 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 $494 $3,476 -- --
2024 $460 $3,311 -- --
2023 $460 $15,730 $1,740 $13,990
2022 $444 $12,030 $1,330 $10,700
2021 $441 $9,940 $1,100 $8,840
2020 $446 $7,770 $860 $6,910
2019 $445 $6,620 $730 $5,890
2018 $437 $4,990 $550 $4,440
2017 $427 $4,720 $520 $4,200
2016 $415 $3,740 $410 $3,330
2015 $384 $3,670 $400 $3,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6413364

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-24-075