NOT LISTED FOR SALE

Estimated Value: $289,000 - $855,000

Studio
5 Baths
689 Sq Ft
$822/Sq Ft Est. Value

Sale Details

Date Sold: February 17, 2022

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

Est. 6% decrease in value since last sale

Current estimated payment $3,222 / mo

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

eXp Realty License #BR671778000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,243

Year Built

  • Built in 1959

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
  • Separate Meters

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 Sq Ft Lot

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
  • Subdivision Name: N/A
  • Roofing:Composition: Yes
  • Water Source City Franchise2: 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
  • Parking Features Street Parking: Yes

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

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2021
Closed on
Feb 14, 2022
Sold by
Bought by
Seller's Agent
David Furnia
Coldwell Banker Realty
Buyer's Agent
Alexandra Pfannenstiel
eXp Realty
List Price
$600,000
Sold Price
$600,000
Current Estimated Value
$566,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,316
Avg. Annual Appreciation
-1.27%
Original Mortgage
$450,000
Interest Rate
0.0375%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 31, 2021
Closed on
Jan 6, 2022
Sold by
Bought by
Seller's Agent
David Furnia
Coldwell Banker Realty
Buyer's Agent
Alexandra Pfannenstiel
eXp Realty
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
Interest Rate
0.0375%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 11, 2016
Closed on
Nov 10, 2016
Sold by
Bought by
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%

Purchase Details

Closed on
Jun 8, 2016
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First Arizona Title
$600,000 First Arizona Title
-- Chicago Title
-- Stewart Title & Trust Of Tuc
$70,000 Stewart Title & Trust Of Tuc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $450,000
Closed $450,000
Previous Owner $450,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,327 $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

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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

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