$299,900
SOLD APR 20, 2018

2201 N 23rd St Phoenix, AZ 85006

-- Bed
-- Bath
1,632 Sq Ft
6,142 Sq Ft Lot

Recently Sold

$184 Per Sq Ft

8% Below List Price

23 Days on Market

Highlights

  • Central Air
  • Concrete Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of April 2018

An income property that shows real pride of ownership - beautifully maintained and professionally managed tri-plex in an attractive Central Phoenix neighborhood. There are lots of single family flips and remodeling in the Green Gables Neighborhood which offers the variety of architecturally interesting styles found in the historic districts. Roof replaced two years ago, low maintenance concrete or wood grain tile floors in all units, and all appliances convey. 3 separate HVAC systems service each unit. Individual units also have their own laundry room, covered parking space and fenced private patio. Owner has kept home warranty in effect. All of these benefits keep the property fully leased and it rarely has vacancies. DO NOT DISTURB TENANTS - DRIVE BY ONLY!

Last Agent to Sell the Property

Tom Bryant

HomeSmart License #SA025366000 Listed on: 02/27/2018

HomeSmart

Co-Listed By

Patrick Martin

HomeSmart License #SA035445000

Last Buyer's Agent

Merri Krugen

AZMK Realty License #BR507716000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $947

Year Built

  • Built in 1948

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • 2 Open Parking Spaces
  • 5 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking

Schools

  • William T Machan Elementary School
  • Camelback High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 2 / 2
  • Assessor Parcel Number 117-09-124

Community Details

Overview

  • 3 Units
  • Building Dimensions are 49 x 128
  • West Vel Ru Subdivision

Building Details

  • Operating Expense $947

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$947

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Cross Street: Thomas and 24th Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R 1-6
  • Number Of Buildings: 1
  • Year Built: 1948
  • Tax Year: 2017
  • Directions: South on 24th Street to Monte Vista,west to property on NE corner of Monte Vista and 23rd St.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: cril12
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: WEST VEL RU
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete, Other
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Carport: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C, Individual
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: William T Machan Elementary School
  • High School: Camelback High School
  • Middle Or Junior School: William T Machan Elementary School

Lot Info

  • Lot Size: 49 x 128
  • Additional Parcels: No
  • Parcel #: 117-09-124

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 3
  • Annual Operating Expense: 947.0

Tax Info

  • Tax Annual Amount: 947.0
  • Tax Block: 2
  • Tax Book Number: 117.00
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2018
Closed on
Apr 18, 2018
Sold by
Jenkins Agnew Holdings I Llc
Bought by
Theobald Jordan
Seller's Agent
Tom Bryant
HomeSmart
Buyer's Agent
Merri Krugen
AZMK Realty
List Price
$325,000
Sold Price
$299,900
Premium/Discount to List
-$25,100
-7.72%
Current Estimated Value
$546,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,545
Avg. Annual Appreciation
8.25%
Original Mortgage
$294,467
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 7, 2012
Closed on
Feb 15, 2013
Sold by
Jenkins Quinton Nathaniel
Bought by
Jenkins Agnew Holdings I Llc
Seller's Agent
Ross Maghami
HomeSmart
Buyer's Agent
James Taylor
Realty ONE Group
List Price
$175,000
Sold Price
$130,000
Premium/Discount to List
-$45,000
-25.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.44%

Purchase Details

Listed on
Dec 7, 2012
Closed on
Feb 4, 2013
Sold by
One Lucky Dog Llc
Bought by
Jenkins Quinton Nathaniel
Seller's Agent
Ross Maghami
HomeSmart
Buyer's Agent
James Taylor
Realty ONE Group
List Price
$175,000
Sold Price
$130,000
Premium/Discount to List
-$45,000
-25.71%

Purchase Details

Closed on
Oct 1, 2012
Sold by
Zozo Partners Inc
Bought by
One Lucky Dog Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.52%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Feb 27, 2012
Closed on
Jun 28, 2012
Sold by
Felder Dane
Bought by
Zozo Partners Inc
Seller's Agent
John Kepple
Capital REI
Buyer's Agent
Ross Maghami
HomeSmart
List Price
$39,000
Sold Price
$65,000
Premium/Discount to List
$26,000
66.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.41%

Purchase Details

Listed on
Feb 27, 2012
Closed on
Jun 15, 2012
Sold by
Wang Peter
Bought by
Felder Dane
Seller's Agent
John Kepple
Capital REI
Buyer's Agent
Ross Maghami
HomeSmart
List Price
$39,000
Sold Price
$65,000
Premium/Discount to List
$26,000
66.67%

Purchase Details

Closed on
Apr 9, 2012
Sold by
The Bank Of New York Mellon
Bought by
Wang Peter

Purchase Details

Closed on
Jul 27, 2011
Sold by
Wong Lawrence
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Feb 5, 2007
Sold by
Wong Winnie
Bought by
Wong Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.17%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $299,900 Fidelity National Title Agen
Special Warranty Deed -- None Available
Cash Sale Deed $130,000 Chicago Title Agency Inc
Warranty Deed -- None Available
Warranty Deed -- None Available
Cash Sale Deed $65,000 Chicago Title Agency Inc
Cash Sale Deed $42,500 Security Title Agency
Warranty Deed -- None Available
Interfamily Deed Transfer -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $291,406 No Value Available
Closed $292,946 FHA
Closed $293,322 FHA
Closed $294,467 FHA
Previous Owner $150,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $157,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2018 04/20/18 Sold $299,900 0.0% $184 / Sq Ft
03/22/2018 03/22/18 Pending -- -- --
03/21/2018 03/21/18 Price Changed $299,900 -3.3% $184 / Sq Ft
03/09/2018 03/09/18 Price Changed $310,000 -4.6% $190 / Sq Ft
02/27/2018 02/27/18 For Sale $325,000 +150.0% $199 / Sq Ft
02/06/2013 02/06/13 Sold $130,000 -25.7% $80 / Sq Ft
01/18/2013 01/18/13 Pending -- -- --
12/07/2012 12/07/12 For Sale $175,000 +169.2% $107 / Sq Ft
06/20/2012 06/20/12 Sold $65,000 +66.7% $130 / Sq Ft
04/19/2012 04/19/12 Pending -- -- --
02/27/2012 02/27/12 For Sale $39,000 -- $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 $1,067 $8,210 -- --
2024 $1,055 $7,819 -- --
2023 $1,055 $30,220 $6,040 $24,180
2022 $1,014 $22,860 $4,570 $18,290
2021 $1,038 $19,400 $3,880 $15,520
2020 $1,013 $15,900 $3,180 $12,720
2019 $1,006 $13,150 $2,630 $10,520
2018 $985 $11,960 $2,390 $9,570
2017 $947 $10,810 $2,160 $8,650
2016 $910 $9,120 $1,820 $7,300
2015 $847 $7,880 $1,570 $6,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5728990

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-09-124