$420,000
SOLD AUG 29, 2025

2202 W Heatherbrae Dr Phoenix, AZ 85015

Alhambra Neighborhood
-- Bed
-- Bath
2,550 Sq Ft
1963 Built

Recently Sold

$165 Per Sq Ft

9% Below List Price

107 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Individual Controls for Heating
  • Phoenix Coding Academy Rated A

About This Home

As of August 2025

Opportunity for a Cash Flowing Triplex in the heart of Phoenix. This brick build features easy to maintain interiors and exteriors, with private back yards, and off street parking. Each unit is 2 bed 1 bath, with washer dryer hookups. Drive by only. Please Do Not Disturb Tenants

Last Agent to Sell the Property

Jason Mendoza

My Rental Superstore License #BR641200000 Listed on: 04/08/2025

Co-Listed By

Angelo Meleandez

My Rental Superstore License #SA689379000

Last Buyer's Agent

Paul Mosley

Epique Realty License #SA672232000

Epique Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,218

Year Built

  • Built in 1963

Home Design

  • Wood Frame Construction
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Over 1 Space Per Unit
  • Paved Parking

Utilities

  • Central Air
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Assessor Parcel Number 154-29-007-A

Community Details

Overview

  • 3 Units
  • Building Dimensions are 8276

Building Details

  • Operating Expense $6,869
  • Gross Income $33,950
  • Net Operating Income $18,156

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,218

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: 23rd Ave & Indian School Rd
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: myre001
  • Co List Office Phone: 480-440-4505
  • Tax Parcel Letter: A
  • Cooling:Central Air: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Ceramic Tile
  • Appliances: Free-Standing Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Parking Features: Paved, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air, Electric, Individual
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Annual Water Sewer Expense: 2600.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 8276
  • Additional Parcels: No
  • Parcel #: 154-29-007-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 3
  • Annual Gross Income: 33950.0
  • Insurance Expense: 1851.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 18156.0
  • Annual Operating Expense: 6869.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 1218.0
  • Tax Book Number: 154.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2025
Closed on
Aug 20, 2025
Sold by
Heatherglenn Llc
Bought by
Mighty Oak Property Management Llc
Seller's Agent
Jason Mendoza
My Rental Superstore
Buyer's Agent
Paul Mosley
Epique Realty
List Price
$460,000
Sold Price
$420,000
Premium/Discount to List
-$40,000
-8.7%
Views
40
Current Estimated Value
$423,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,610
Avg. Annual Appreciation
3.10%
Original Mortgage
$336,000
Outstanding Balance
$335,709
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$87,901

Purchase Details

Closed on
Aug 1, 2024
Sold by
Hastey Phil and Hale Matthew
Bought by
Heatherglenn Llc

Purchase Details

Closed on
Jul 10, 2024
Sold by
Hastey Phil and Hale Matthew
Bought by
Heatherglenn Llc

Purchase Details

Listed on
Mar 21, 2019
Closed on
Apr 22, 2019
Sold by
On Site Community Centers Llc
Bought by
Hastey Phil and Hale Matthewy
Seller's Agent
Andrew Williams
Synchronicity Realty
Buyer's Agent
Jason Mendoza
My Rental Superstore
List Price
$220,000
Sold Price
$230,000
Premium/Discount to List
$10,000
4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.68%
Original Mortgage
$169,125
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2006
Sold by
Miceli Ken T
Bought by
On Site Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2006
Sold by
Miceli Valarie
Bought by
Miceli Ken T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 2002
Sold by
Matejovsky Douglas J and Matejovsky Clara
Bought by
Goetz David and Goetz Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.87%

Purchase Details

Closed on
Apr 26, 1997
Sold by
Barker John
Bought by
Matejovsky Douglas J and Matejovsky Clara

Purchase Details

Closed on
Apr 22, 1997
Sold by
Brosius Jay R and Brosius Eileen
Bought by
Barker John
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $420,000 Pinnacle Title Services
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $225,500 Chicago Title Agency
Quit Claim Deed -- Chicago Title Insurance Co
Interfamily Deed Transfer -- Chicago Title Insurance Co
Special Warranty Deed $235,000 Chicago Title Insurance Co
Warranty Deed -- First American Title Ins Co
Warranty Deed $200,700 Security Title
Warranty Deed $200,700 Security Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $336,000 New Conventional
Previous Owner $169,125 New Conventional
Previous Owner $188,000 Purchase Money Mortgage
Previous Owner $96,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2025 08/29/25 Sold $420,000 -8.7% $165 / Sq Ft
08/15/2025 08/15/25 Price Changed $460,000 0.0% $180 / Sq Ft
08/01/2025 08/01/25 Price Changed $460,000 0.0% $180 / Sq Ft
08/01/2025 08/01/25 For Sale $460,000 0.0% $180 / Sq Ft
07/24/2025 07/24/25 Pending -- -- --
07/22/2025 07/22/25 Pending -- -- --
07/18/2025 07/18/25 Pending -- -- --
06/24/2025 06/24/25 For Sale $460,000 0.0% $180 / Sq Ft
06/12/2025 06/12/25 Price Changed $460,000 0.0% $180 / Sq Ft
05/13/2025 05/13/25 Pending -- -- --
05/05/2025 05/05/25 Pending -- -- --
04/08/2025 04/08/25 For Sale $460,000 +100.0% $180 / Sq Ft
05/02/2019 05/02/19 Sold $230,000 +4.5% $90 / Sq Ft View Prior Sale
03/21/2019 03/21/19 For Sale $220,000 -- $86 / 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 $1,341 $8,479 -- --
2024 $1,224 $8,075 -- --
2023 $1,224 $31,270 $6,250 $25,020
2022 $1,205 $22,760 $4,550 $18,210
2021 $1,216 $19,120 $3,820 $15,300
2020 $1,169 $16,670 $3,330 $13,340
2019 $1,155 $14,880 $2,970 $11,910
2018 $1,066 $12,730 $2,540 $10,190
2017 $1,053 $11,030 $2,200 $8,830
2016 $1,008 $9,100 $1,820 $7,280
2015 $954 $7,800 $1,560 $6,240
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Jason Mendoza

    My Rental Superstore

    (602) 327-5584

    1 in this area

    17 Total Sales

    Jason Mendoza
    Section Image

  • A

    Seller Co-Listing Agent in 2025

    Angelo Meleandez

    My Rental Superstore

    (602) 888-0872

    1 in this area

    3 Total Sales

    Angelo Meleandez
    Section Image
  • Paul Mosley

    Buyer's Agent in 2025

    Paul Mosley

    Epique Realty

    (928) 208-8129

    6 in this area

    195 Total Sales

    Paul Mosley
    Section Image
  • Andrew Williams

    Seller's Agent in 2019

    Andrew Williams

    Synchronicity Realty

    (805) 813-4496

    17 Total Sales

    Andrew Williams
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6848240

Arizona Regional Multiple Listing Service (ARMLS)

APN: 154-29-007A

Arizona Maricopa County Phoenix 85015 Alhambra

2202 W Heatherbrae Dr, Phoenix, AZ

Sold

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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