NOT LISTED FOR SALE

2206 E Portland St Phoenix, AZ 85006

Central City Neighborhood

Estimated Value: $420,000 - $694,965

-- Bed
5 Baths
689 Sq Ft
$896/Sq Ft Est. Value

Last Sold February 17, 2022

Last sale price $600,000 $871 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,572/month

1 Day on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of February 2022

Great investment Property

Last Agent to Sell the Property

David Furnia

Coldwell Banker Realty License #SA635310000 Listed on: 12/31/2021

Coldwell Banker Realty

Last Buyer's Agent

Alexandra Pfannenstiel

My Home Group Real Estate License #BR671778000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,243

Year Built

  • Built in 1959

Lot Details

  • 0.35

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • On-Street Parking

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 3
  • Assessor Parcel Number 116-04-105

Community Details

Overview

  • 3 Buildings
  • 5 Units
  • Building Dimensions are irr

Building Details

  • Operating Expense $8,083
  • Gross Income $39,045

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,243

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: 24th Street/McDowell
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1959
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Subdivision Name: N/A
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range
  • Appliances Included:FS OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: 1 Space/Unit, On Street
  • 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

Utilities

  • Electric: APS, SRP, Individual Meter
  • Cooling: Heat Pump, Individual
  • Heating: Individual, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 2040.0
  • Annual Water Sewer Expense: 4800.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 116-04-105

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 5
  • Annual Gross Income: 39045.0
  • Annual Operating Expense: 8083.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1243.0
  • Tax Book Number: 116.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2021
Closed on
Feb 14, 2022
Sold by
New Edge Health & Education Inc
Bought by
Portlandia Five Llc
Seller's Agent
David Furnia
Coldwell Banker Realty
Buyer's Agent
Alexandra Pfannenstiel
My Home Group Real Estate
List Price
$600,000
Sold Price
$600,000
Total Days on Market
1
Current Estimated Value
$617,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,491
Avg. Annual Appreciation
0.87%
Original Mortgage
$450,000
Outstanding Balance
$325,268
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$292,223

Purchase Details

Listed on
Dec 31, 2021
Closed on
Jan 6, 2022
Sold by
Tim Kessler
Bought by
New Edge Heath & Education Inc
Seller's Agent
David Furnia
Coldwell Banker Realty
Buyer's Agent
Alexandra Pfannenstiel
My Home Group Real Estate
List Price
$600,000
Sold Price
$600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$325,268
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$292,223

Purchase Details

Listed on
Aug 11, 2016
Closed on
Nov 10, 2016
Sold by
Robert Jones Michael
Bought by
Kessler Tim
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Leslie Pollesche
Realty ONE Group
List Price
$274,000
Sold Price
$265,000
Premium/Discount to List
-$9,000
-3.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.81%
Original Mortgage
$215,000
Interest Rate
3.42%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 8, 2016
Sold by
Jones Beatrice M
Bought by
Jones Michael Robert
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Portlandia Five Llc -- First Arizona Title
New Edge Heath & Education Inc $600,000 First Arizona Title
Kessler Tim -- Chicago Title
Jones Michael Robert $70,000 Stewart Title & Trust Of Tuc
Jones Beatrice M -- Stewart Title & Trust Of Tuc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Portlandia Five Llc $450,000
Closed Portlandia Five Llc $450,000
Previous Owner New Edge Heath & Education Inc $450,000
Previous Owner Kessler Tim $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2022 02/17/22 Sold $600,000 0.0% $871 / Sq Ft
01/01/2022 01/01/22 Pending -- -- --
12/31/2021 12/31/21 For Sale $600,000 +126.4% $871 / Sq Ft
11/15/2016 11/15/16 Sold $265,000 -3.3% $385 / Sq Ft
11/01/2016 11/01/16 Pending -- -- --
08/11/2016 08/11/16 For Sale $274,000 -- $398 / 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 $1,277 $9,826 -- --
2024 $1,263 $9,358 -- --
2023 $1,263 $49,150 $9,830 $39,320
2022 $1,213 $35,910 $7,180 $28,730
2021 $1,243 $31,770 $6,350 $25,420
2020 $1,212 $26,720 $5,340 $21,380
2019 $1,204 $20,760 $4,150 $16,610
2018 $1,179 $16,650 $3,330 $13,320
2017 $1,134 $15,570 $3,110 $12,460
2016 $1,090 $12,180 $2,430 $9,750
2015 $1,014 $10,750 $2,150 $8,600
Source: Public Records

Agents Affiliated with this Home

  • David Furnia

    Seller's Agent in 2022

    David Furnia

    Coldwell Banker Realty

    (602) 463-4521

    3 in this area

    102 Total Sales

    David Furnia
    Section Image

  • A

    Buyer's Agent in 2022

    Alexandra Pfannenstiel

    My Home Group

    (480) 708-2904

    3 in this area

    130 Total Sales

    Alexandra Pfannenstiel
    Section Image
  • Lloyd Kaipainen

    Seller's Agent in 2016

    Lloyd Kaipainen

    Better Homes & Gardens Real Estate SJ Fowler

    Section Image

  • L

    Buyer's Agent in 2016

    Leslie Pollesche

    Realty ONE Group

    (602) 410-0303

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6336811

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-04-105

Arizona Maricopa County Phoenix 85006 Central City

2206 E Portland St, Phoenix, AZ

This home is located at 2206 E Portland St, Phoenix, AZ 85006 since 31 December 2021 and is currently estimated at $617,491, approximately $896 per square foot. This property was built in 1959. 2206 E Portland St is a home located in Maricopa County with nearby schools including Excelencia School, Camelback High School, and Phoenix Coding Academy.

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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