$110,000
SOLD APR 28, 2016

2201 N 24th Place Phoenix, AZ 85008

2 Beds
1 Bath
768 Sq Ft
6,024 Sq Ft Lot

Recently Sold

$143 Per Sq Ft

14% Below List Price

324 Days on Market

Highlights

  • The property is located in a historic district
  • Santa Fe Architecture
  • No HOA
  • The Creighton Academy Rated 9+
  • Corner Lot
  • Eat-In Kitchen

About This Home

As of February 2023

CAP Rate 8.02 at current rent. Ready for increase...Beautiful historic home in the heart of Phoenix. Excellent LONG TERM SECTION 8 TENANT. On month to month. Monthly guaranteed income. Santa Fe Style remodel in the beautiful Green Gables neighborhood on a corner lot. Would like investor to let tenant remain but will consider all offers.

Last Agent to Sell the Property

Kelly Phillips

AZ Xceptional Realty License #SA634903000 Listed on: 04/06/2015

Last Buyer's Agent

Paul Karam

The Daniel Montez Real Estate Group License #SA656158000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $329

Year Built

  • Built in 1925

Lot Details

  • 6,024 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Corner Lot
  • Front Yard Sprinklers

Parking

  • 1 Open Parking Space

Home Design

  • Santa Fe Architecture
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom

Location

  • The property is located in a historic district

Schools

  • Creighton Elementary School
  • Phoenix Prep Academy High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Vel Ru Subdivision, Beautiful Floorplan

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 120-37-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$329

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Cross Street: 24th Street and Thomas Rd.
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Bathrooms Year Updated: 2007
  • Items Updated Floor Yr Updated: 2007
  • Items Updated Ht Cool Yr Updated: 2007
  • Items Updated Kitchen Yr Updated: 2007
  • Items Updated Plmbg Yr Updated: 2007
  • Items Updated Roof Yr Updated: 2007
  • Items Updated Wiring Yr Updated: 2007
  • Parking Spaces Slab Parking Spaces: 1.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1925
  • Tax Year: 2014
  • Directions: 24th st and thomas south to oak east to 24th pl south to 2201 N 24th pl on the corner on monte vista and 24th pl
  • Master Model: BEAUTIFUL
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.14
  • Subdivision Name: VEL RU
  • Architectural Style: Territorial/Santa Fe
  • Property Attached Yn: No
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Family Rm: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: 1 Fireplace, Family Room
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Full Bth Master Bdrm
  • Living Area: 768.0
  • Stories: 1
  • Other Rooms:Great Room: Yes
  • Community Features:Historic District: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Sprinklers In Front, Corner Lot, Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Stucco, Painted, Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Historic District
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Creighton Elementary School
  • High School: Phoenix Prep Academy
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Creighton Elementary School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6024.0
  • Parcel #: 120-37-023

Building Info

  • Builder Name: Unknown

Tax Info

  • Tax Annual Amount: 329.0
  • Tax Book Number: 120.00
  • Tax Lot: 7
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2022
Closed on
Feb 15, 2023
Sold by
Eva Leyva Trust
Bought by
Abella Edwin
Seller's Agent
Timothy Schutt
Wrangler Real Estate
Buyer's Agent
Travis Klinger
My Home Group Real Estate
List Price
$239,000
Sold Price
$245,000
Premium/Discount to List
$6,000
2.51%
Views
152
Current Estimated Value
$291,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,247
Avg. Annual Appreciation
7.47%
Original Mortgage
$232,750
Outstanding Balance
$226,871
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$64,376

Purchase Details

Closed on
Apr 15, 2022
Sold by
Leyva Eva B
Bought by
Eva Leyva Trust

Purchase Details

Listed on
Oct 24, 2018
Closed on
Nov 30, 2018
Sold by
Smith Joann and King Beth
Bought by
Leyva Eva B
Seller's Agent
Allen Erb
Erb Realty & Property Mgmt
Buyer's Agent
Luke Basler
Realty ONE Group
List Price
$180,000
Sold Price
$170,000
Premium/Discount to List
-$10,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%
Original Mortgage
$101,750
Interest Rate
5.62%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 6, 2015
Closed on
Apr 22, 2016
Sold by
Sanei Architecture Planning Co Ltd
Bought by
Smith Joann and King Beth
Seller's Agent
Kelly Phillips
AZ Xceptional Realty
Buyer's Agent
Paul Karam
The Daniel Montez Real Estate Group
List Price
$128,000
Sold Price
$110,000
Premium/Discount to List
-$18,000
-14.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.15%
Original Mortgage
$80,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2015
Sold by
Mehra Jane and Mehra Ajay
Bought by
Mehra Ajay

Purchase Details

Closed on
Jan 2, 2015
Sold by
Mehra Ajay
Bought by
Sanei Architecture Planning Co Ltd

Purchase Details

Closed on
Dec 8, 2010
Sold by
Mehra Jane E
Bought by
Mehra Ajay

Purchase Details

Closed on
Nov 3, 2010
Sold by
Gurule Fred
Bought by
1 Grt Properties Llc

Purchase Details

Closed on
Jan 22, 2009
Sold by
Gurule Fred
Bought by
4 Main Street Investments Llc

Purchase Details

Closed on
Dec 13, 2007
Sold by
Cambridge Capital Group Inc
Bought by
Gurule Fred

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
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2007
Sold by
Gurule Patricia
Bought by
Gurule Fred

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
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2007
Sold by
Deutsche Bank National Trust
Bought by
Cambridge Capital Inc

Purchase Details

Closed on
Mar 23, 2007
Sold by
Martinez Ofelia and Martinez Anthony
Bought by
Deutsche Bank National Trust Co and Long Beach Mortgage Loan Trust 2001-1

Purchase Details

Closed on
Aug 8, 1995
Sold by
Clark James H and Clark Dolores M
Bought by
Martinez Anthony and Martinez Ofelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
7.5%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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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 $245,000 American Title Service Agency
Special Warranty Deed -- Winsor Law Firm Plc
Warranty Deed $170,000 Great American Title Agency
Warranty Deed $110,000 Empire West Title Agency
Interfamily Deed Transfer -- Lawyers Title Of Arizona Inc
Cash Sale Deed $96,000 Lawyers Title Of Arizona Inc
Interfamily Deed Transfer -- Lawyers Title Of Arizona Inc
Cash Sale Deed $59,900 Lawyers Title Of Arizona Inc
Trustee Deed $21,000 None Available
Quit Claim Deed -- None Available
Warranty Deed $175,000 Capital Title Agency Inc
Interfamily Deed Transfer -- Capital Title Agency Inc
Cash Sale Deed $50,000 Lawyers Title Of Arizona Inc
Trustee Deed $72,767 None Available
Warranty Deed $27,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $232,750 New Conventional
Previous Owner $100,869 FHA
Previous Owner $101,750 FHA
Previous Owner $80,000 New Conventional
Previous Owner $49,200 New Conventional
Previous Owner $157,500 Purchase Money Mortgage
Previous Owner $157,500 New Conventional
Previous Owner $24,000 Seller Take Back
Closed $12,250 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2023 02/15/23 Sold $245,000 +2.5% $380 / Sq Ft
01/31/2023 01/31/23 For Sale $239,000 0.0% $371 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
01/27/2023 01/27/23 For Sale $239,000 0.0% $371 / Sq Ft
01/21/2023 01/21/23 Pending -- -- --
01/14/2023 01/14/23 Price Changed $239,000 -7.7% $371 / Sq Ft
01/10/2023 01/10/23 For Sale $259,000 0.0% $402 / Sq Ft
01/06/2023 01/06/23 Pending -- -- --
12/09/2022 12/09/22 Price Changed $259,000 -5.8% $402 / Sq Ft
12/08/2022 12/08/22 For Sale $275,000 0.0% $427 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
09/30/2022 09/30/22 Price Changed $275,000 -8.0% $427 / Sq Ft
09/18/2022 09/18/22 For Sale $299,000 +75.9% $464 / Sq Ft
12/06/2018 12/06/18 Sold $170,000 -5.6% $264 / Sq Ft
11/08/2018 11/08/18 Pending -- -- --
10/24/2018 10/24/18 For Sale $180,000 +63.6% $280 / Sq Ft
04/28/2016 04/28/16 Sold $110,000 -13.5% $143 / Sq Ft
04/19/2016 04/19/16 Price Changed $127,100 0.0% $165 / Sq Ft
02/24/2016 02/24/16 Pending -- -- --
10/15/2015 10/15/15 Price Changed $127,100 0.0% $165 / Sq Ft
08/06/2015 08/06/15 Price Changed $127,150 -0.1% $166 / Sq Ft
07/18/2015 07/18/15 Price Changed $127,250 0.0% $166 / Sq Ft
07/02/2015 07/02/15 Price Changed $127,300 -0.2% $166 / Sq Ft
06/22/2015 06/22/15 Price Changed $127,500 -0.2% $166 / Sq Ft
06/04/2015 06/04/15 Price Changed $127,700 -0.2% $166 / Sq Ft
04/06/2015 04/06/15 For Sale $128,000 -- $167 / 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 $415 $3,617 -- --
2024 $411 $3,445 -- --
2023 $411 $19,550 $3,910 $15,640
2022 $393 $14,660 $2,930 $11,730
2021 $408 $14,060 $2,810 $11,250
2020 $397 $10,780 $2,150 $8,630
2019 $395 $9,170 $1,830 $7,340
2018 $434 $7,880 $1,570 $6,310
2017 $417 $6,200 $1,240 $4,960
2016 $401 $4,970 $990 $3,980
2015 $373 $3,680 $730 $2,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5261526

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-37-023