NOT LISTED FOR SALE

2206 E Polk St Phoenix, AZ 85006

Central City Neighborhood

Estimated Value: $299,203 - $338,000

4 Beds
1 Bath
860 Sq Ft
$374/Sq Ft Est. Value

Last Sold November 15, 2017

Last sale price $127,500 $148 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $1,779/month

28 Days on Market

Highlights

  • Evaporated cooling system
  • Ceiling Fan
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of November 2017

Cash Cow. The 3/1ba home and newly remodeled one bed/one bath bringing close to $1200 per month. Great rental income. Next door a new house is being built. So there is a strong investment going into the area. This remains one of the strongest areas for affordable housing.

Last Agent to Sell the Property

James Hill

West USA Realty License #SA116827000 Listed on: 09/12/2017

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $323

Year Built

  • Built in 1948

Lot Details

  • 8,233

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

  • 3 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking
  • Assigned Parking

Schools

  • Wilson Elementary School - Phoenix
  • North High School

Utilities

  • Evaporated cooling system
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for sewer, cable TV, landscaping
  • Tax Lot 20
  • Assessor Parcel Number 116-01-062

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 8247 sf
  • Aviation Homesites Subdivision

Building Details

  • Operating Expense $5,123

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$323

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Cross Street: 24th Street & Van Buren
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 2
  • Year Built: 1948
  • Tax Year: 2016
  • Road Surface Type: Asphalt, Alley
  • Professional Management Expense: 200.0
  • Subdivision Name: Aviation Homesites
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Assigned, Common
  • Attached Garage: No
  • Total Parking Spaces: 3.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: SRP
  • Cooling: Evaporative Cooling, Ceiling Fan(s)
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks
  • Amenities: Other

Association/Amenities

  • Community Amenities:Other18: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Community Amenities:See Remarks15: Yes

Fee Information

  • Trash Expense: 500.0
  • Annual Water Sewer Expense: 1200.0

Schools

  • Elementary School: Wilson Elementary School - Phoenix
  • High School: North High School

Lot Info

  • Lot Size: 8247 sf
  • Additional Parcels: No
  • Parcel #: 116-01-062

Multi Family

  • Owner Pays: None
  • Tenant Pays: Sewer, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Electric Expense: 300.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 800.0
  • Annual Operating Expense: 5123.0
  • Vacancy Allowance Rate: 1.0

Tax Info

  • Tax Annual Amount: 323.0
  • Tax Book Number: 116.00
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2021
Sold by
Fierro Sergio and Fierro Lorena
Bought by
Fierro Sergio and Fierro Lorena
Current Estimated Value
$321,551

Purchase Details

Listed on
Sep 12, 2017
Closed on
Nov 6, 2017
Sold by
Dempsey James W
Bought by
Fierro Sergio and Fierro Lorena
Seller's Agent
James Hill
West USA Realty
List Price
$140,000
Sold Price
$127,500
Premium/Discount to List
-$12,500
-8.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.07%

Purchase Details

Closed on
Nov 15, 2012
Sold by
J & J Real Estates Holdings Llc
Bought by
Dempsey James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2011
Sold by
7400 Acceptance Oreo Llc
Bought by
J & J Real Estate Holdings Llc

Purchase Details

Closed on
Apr 21, 2010
Sold by
Esquer Christopher J
Bought by
7400 Acceptance Oreo Llc

Purchase Details

Closed on
Feb 4, 2008
Sold by
Ayon Alma and Ayon Joel A
Bought by
Esquer Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 1999
Sold by
Lerma David
Bought by
Ayon Alma and Ayon Joel Antonio

Purchase Details

Closed on
Jun 14, 1996
Sold by
Martinez Cristobal
Bought by
Lerma David

Purchase Details

Closed on
Nov 14, 1995
Sold by
Martinez Gloria
Bought by
Martinez Cristobal

Purchase Details

Closed on
Nov 13, 1995
Sold by
The Institute Of Cultural Affairsan Illi
Bought by
Martinez Cristobal
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Fierro Sergio -- None Available
Fierro Sergio $127,500 Empire West Title Agency Llc
Dempsey James W $100,000 Stewart Title & Trust Of Pho
J & J Real Estate Holdings Llc $15,000 Empire West Title Agency
7400 Acceptance Oreo Llc -- Empire West Title Agency
Esquer Christopher J $160,000 Capital Title Agency Inc
Ayon Alma -- --
Lerma David -- --
Martinez Cristobal -- Nations Title Insurance
Martinez Cristobal $12,000 Nations Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dempsey James W $75,000
Previous Owner Esquer Christopher J $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2017 11/15/17 Sold $127,500 -7.6% $148 / Sq Ft
11/01/2017 11/01/17 Price Changed $138,000 0.0% $160 / Sq Ft
10/10/2017 10/10/17 Pending -- -- --
09/28/2017 09/28/17 Price Changed $138,000 -0.7% $160 / Sq Ft
09/14/2017 09/14/17 Price Changed $139,000 -0.7% $162 / Sq Ft
09/12/2017 09/12/17 For Sale $140,000 -- $163 / 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 $1,188 $8,520 -- --
2024 $1,116 $8,114 -- --
2023 $1,116 $16,530 $3,300 $13,230
2022 $1,052 $12,430 $2,480 $9,950
2021 $1,067 $10,620 $2,120 $8,500
2020 $1,063 $8,550 $1,710 $6,840
2019 $1,058 $8,830 $1,760 $7,070
2018 $339 $5,720 $1,140 $4,580
2017 $315 $4,060 $810 $3,250
2016 $323 $3,410 $680 $2,730
2015 $300 $2,660 $530 $2,130
Source: Public Records

Agents Affiliated with this Home

  • James Hill

    Seller's Agent in 2017

    James Hill

    West USA Realty

    (602) 748-6706

    1 in this area

    5 Total Sales

    James Hill
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5658988

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-01-062

Arizona Maricopa County Phoenix 85006 Central City

2206 E Polk St, Phoenix, AZ

Not Listed for Sale

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

Nearby Homes