NOT LISTED FOR SALE

Estimated Value: $464,000 - $569,686

-- Bed
-- Bath
1,248 Sq Ft
$406/Sq Ft Est. Value

Last Sold July 03, 2023

Last sale price $534,000 $428 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,739/month

12 Days on Market

Highlights

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

About This Home

As of July 2023

2206 N 26th St is of block construction and was originally built in 1955, the property was extensively renovated in 2022. It consists of (2) 2 Bed / 1 Bath units. The interior upgrades include all new: shaker-style cabinetry, vinyl-plank flooring, countertops, kitchen appliance package, new bathroom vanities, finishes throughout along with the installation of in-unit W/D. Exterior upgrades include; artificial turf, walkway lighting and new wood fencing. In addition to these improvements, the ''bones'' of the property were also upgraded and include all new: Sewer Line, A/C units, updated electrical (including utility service panels and interior sub-panels), windows throughout, entry doors throughout, water heaters, sewer cleanouts and more. Great opportunity for FHA/VA loan programs.

Last Agent to Sell the Property

Carson Griesemer

ABI Multifamily License #SA686764000 Listed on: 05/23/2023

Last Buyer's Agent

Valerie Nunez

A.Z. & Associates License #SA704662000

A.Z. & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $890

Year Built

  • Built in 1955

Lot Details

  • 5,968

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Vinyl Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Central Air
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer, landscaping
  • Legal Lot and Block 6 / 4
  • Assessor Parcel Number 120-37-053-A

Community Details

Overview

  • 2 Units
  • Building Dimensions are 75 ft x 79 ft
  • Vel Ru Subdivision

Building Details

  • Operating Expense $890
  • Gross Income $42,936
  • Net Operating Income $36,978

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$890

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1955
  • Tax Year: 2022
  • Road Surface Type: Asphalt
  • Subdivision Name: VEL RU
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Other (See Remarks), BI Oven/Range, Washer/Dryer
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Other (See Remarks), None
  • Construction Type: See Remarks, Painted, Block
  • Roof: See Remarks, Composition
  • Construction:Other (See Remarks)23: Yes
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central A/C, Individual, Electric
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: Other, No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Other (See Remarks)51: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 75 ft x 79 ft
  • Additional Parcels: No
  • Parcel #: 120-37-053-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity
  • Number Of Units Total: 2
  • Annual Gross Income: 42936.0
  • Property Net Operating Income: 36978.0
  • Annual Operating Expense: 890.0
  • Vacancy Allowance Rate: 0.04

Tax Info

  • Tax Annual Amount: 890.0
  • Tax Block: 4
  • Tax Book Number: 120.00
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2025
Sold by
Ayala Kevin
Bought by
Ayala Assets Llc
Current Estimated Value
$506,922

Purchase Details

Closed on
Oct 15, 2024
Sold by
Ayala Assets Llc
Bought by
Ayala Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,556
Interest Rate
6.2%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 19, 2023
Sold by
Ayala Kevin
Bought by
Ayala Assets Llc

Purchase Details

Listed on
May 23, 2023
Closed on
Jun 30, 2023
Sold by
Meet The Freemans Trust
Bought by
Ayala Kevin
Seller's Agent
Carson Griesemer
ABI Multifamily
Buyer's Agent
Valerie Nunez
A.Z. & Associates
List Price
$565,000
Sold Price
$534,000
Premium/Discount to List
-$31,000
-5.49%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.12%
Original Mortgage
$508,617
Interest Rate
6.39%
Mortgage Type
FHA

Purchase Details

Listed on
May 23, 2023
Closed on
May 4, 2023
Sold by
Freeman Jocelyn P and Freeman Aaron D
Bought by
Meet The Freemans Trust
Seller's Agent
Carson Griesemer
ABI Multifamily
Buyer's Agent
Valerie Nunez
A.Z. & Associates
List Price
$565,000
Sold Price
$534,000
Premium/Discount to List
-$31,000
-5.49%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,617
Interest Rate
6.39%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 2022
Sold by
Fit With Freemans Llc
Bought by
Freeman Jocelyn P and Freeman Aaron D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2022
Sold by
Angel Chao
Bought by
Freemans Fit With

Purchase Details

Closed on
May 2, 2022
Sold by
Purple Lion Marketing Group Llc
Bought by
No Hassle Cash Sale Az Llc and Fit With Freemans Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,450
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2001
Sold by
Hl Investments Lllp
Bought by
Villagrana Baltazar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2001
Sold by
Calhoun John D and Calhoun Myrna M
Bought by
H L Investments Lllp

Purchase Details

Closed on
Apr 18, 1996
Sold by
Griffith Nancy
Bought by
Calhoun John D and Calhoun Myrna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
7.82%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ayala Assets Llc -- None Listed On Document
Ayala Kevin -- --
Ayala Kevin -- --
Ayala Assets Llc -- None Listed On Document
Ayala Kevin $534,000 Exclusive Title Company
Meet The Freemans Trust -- None Listed On Document
Freeman Jocelyn P -- Truly Title
Freemans Fit With -- No Hassle Cash Sale Az Llc
No Hassle Cash Sale Az Llc $389,999 American Title Services
Villagrana Baltazar $100,000 Century Title Agency
H L Investments Lllp $79,500 Security Title Agency
Calhoun John D $52,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ayala Kevin $507,556
Previous Owner Ayala Kevin $508,617
Previous Owner Freeman Jocelyn P $385,000
Previous Owner No Hassle Cash Sale Az Llc $331,450
Previous Owner Villagrana Baltazar $97,000
Previous Owner Calhoun John D $47,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2023 07/03/23 Sold $534,000 -5.5% $428 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
05/23/2023 05/23/23 For Sale $565,000 -- $453 / 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 $973 $7,205 -- --
2024 $926 $6,862 -- --
2023 $926 $25,830 $5,160 $20,670
2022 $890 $19,310 $3,860 $15,450
2021 $911 $16,420 $3,280 $13,140
2020 $889 $13,450 $2,690 $10,760
2019 $883 $11,070 $2,210 $8,860
2018 $865 $9,230 $1,840 $7,390
2017 $831 $9,100 $1,820 $7,280
2016 $799 $7,610 $1,520 $6,090
2015 $743 $6,720 $1,340 $5,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6560065

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-37-053A