$230,000
SOLD MAY 2, 2019

2202 W Heatherbrae Dr Phoenix, AZ 85015

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

Recently Sold

$90 Per Sq Ft

5% Above List Price

5 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Individual Controls for Heating

About This Home

As of June 2025

MULTIPLE OFFERS RECEIVED. PRESENTING 3/25 PLEASE SEND HIGHEST AND BEST ASAP! S8+ CAP RATE Cash flowing Triplex! Turnkey property ready to go. All 2/1 bath units rented for $700. Room for property management company! Private fenced in backyards with seperate storage in back. Property is on the corner lot with easy access to parking and building. Drive by only.

Last Agent to Sell the Property

Andrew Williams

Synchronicity Realty License #BR644988000 Listed on: 03/21/2019

Last Buyer's Agent

Jason Mendoza

My Rental Superstore License #BR641200000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,053

Year Built

  • Built in 1963

Home Design

  • Wood Frame Construction
  • Stucco

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

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

Community Details

Overview

  • 3 Units
  • Building Dimensions are 8276

Building Details

  • Operating Expense $5,784
  • Gross Income $23,940
  • Net Operating Income $18,156

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,053

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
  • Year Built: 1963
  • Tax Year: 2017
  • Directions: North on 23rd Ave/East on Heatherbrae Dr to property on North West corner of 23rd
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:BI OvenRange: Yes

Exterior Features

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

Garage/Parking

  • 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:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Individual, Electric
  • 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
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Annual Water Sewer Expense: 1680.0

Lot Info

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

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Annual Gross Income: 23940.0
  • Insurance Expense: 1851.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 18156.0
  • Annual Operating Expense: 5784.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1053.0
  • Tax Book Number: 154.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

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
11.55%
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

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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 -- 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
Previous Owner $171,300 New Conventional
Previous Owner $169,125 New Conventional
Previous Owner $188,000 Purchase Money Mortgage
Previous Owner $18,000 Stand Alone Second
Previous Owner $96,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Pending -- -- --
06/24/2025 06/24/25 For Sale $460,000 +2.2% --
06/12/2025 06/12/25 Sold $450,000 -2.2% --
06/12/2025 06/12/25 Price Changed $460,000 0.0% --
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% --
05/02/2019 05/02/19 Sold $230,000 +4.5% $90 / Sq Ft
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 $1,218 $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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5899437

Arizona Regional Multiple Listing Service (ARMLS)

APN: 154-29-007A