NOT LISTED FOR SALE

2207 E Pierce St Phoenix, AZ 85006

Central City Neighborhood

Estimated Value: $364,406 - $682,000

2 Beds
8 Baths
800 Sq Ft
$659/Sq Ft Est. Value

Sale Details

Date Sold: July 11, 2017

Last sale price $385,000 $481 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,374 / mo

4 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • No Heating

About This Home

As of July 2017

Two separate 4plexes being sold as package, addresses include 2207 E Pierce and 2211 E Pierce. Includes 8 units total, all 2 bedrooms. Recent improvements include new upper-decks/walkways, 4 units have been remodeled, and 3 new conditioners (2 just bought and 1 a little over a year old), these units rent out very easily, and some are below market rent. Market rent is approx $550/month. Each building is 2 story with 2 units above and 2 below. plenty of parking. Rentable location near downtown, airport and hospital. Buildings located at end of cul-de-sac. All 8 units currently leased for $4,020/month

Last Agent to Sell the Property

Chad Arend

Realty Executives Arizona Territory License #SA568776000 Listed on: 05/12/2017

Realty Executives Arizona Territory

Last Buyer's Agent

Kelly McCormack

West USA Realty License #SA529500000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,774

Year Built

  • Built in 1986

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling Available
  • No Heating

Listing and Financial Details

  • The owner pays for water, sewer
  • Tax Lot 22
  • Assessor Parcel Number 116-03-092-C

Community Details

Overview

  • 2 Buildings
  • 8 Units
  • Building Dimensions are 10297
  • Monmouth Park Lots 25 29 Subdivision

Building Details

  • Operating Expense $9,203
  • Gross Income $48
  • Net Operating Income $21,965

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,774

Year Built

Built in 1986

Lot Details

5,837 Sq Ft Lot

Listing Details

  • Cross Street: 24th St & Roosevelt
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R4
  • Number Of Buildings: 2
  • Year Built: 1986
  • Tax Year: 2016
  • Road Surface Type: Asphalt
  • Professional Management Expense: 3859.0
  • Subdivision Name: MONMOUTH PARK LOTS 25-29
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • 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:Street Parking: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: None
  • Cooling Y N: Yes
  • Heating Yn: No
  • Water Source: City Franchise
  • Heating:None29: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Lot Info

  • Lot Size: 10297
  • Additional Parcels: Yes
  • Parcel #: 116-03-092-C

Multi Family

  • Owner Pays: Water, Sewer
  • Number Of Units Total: 8
  • Electric Expense: 90.0
  • Annual Gross Income: 47.5
  • Insurance Expense: 3360.0
  • Property Net Operating Income: 21965.48
  • Annual Operating Expense: 9203.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1774.0
  • Tax Book Number: 116.00
  • Tax Lot: 22
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
07/11/2017 07/11/17 Sold $385,000 -3.3% $481 / Sq Ft
06/30/2017 06/30/17 Price Changed $398,000 0.0% $498 / Sq Ft
05/16/2017 05/16/17 Pending -- -- --
05/12/2017 05/12/17 For Sale $398,000 +85.1% $498 / Sq Ft
08/14/2014 08/14/14 Sold $215,000 -4.0% $269 / Sq Ft View Prior Sale
07/21/2014 07/21/14 Pending -- -- --
07/17/2014 07/17/14 For Sale $224,000 -- $280 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Agents Affiliated with this Home

  • Chad Arend

    Seller's Agent in 2017

    Chad Arend

    Realty Executives

    (602) 740-2074

    1 in this area

    92 Total Sales

    Chad Arend
    Section Image

  • K

    Buyer's Agent in 2017

    Kelly McCormack

    West USA Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5604715

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-03-092C

Arizona Maricopa County Phoenix 85006 Central City

2207 E Pierce St, Phoenix, AZ

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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