Seller's Agent in 2023
Colin Kreager
ABI Multifamily
(602) 714-1400
4 in this area
20 Total Sales
2231 E Taylor St Phoenix, AZ 85006
Central City Neighborhood
6
Beds
--
Bath
--
Sq Ft
1958
Built
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Heating Available
- Phoenix Coding Academy Rated A
About This Home
As of November 2023This upgraded 5-unit property offers day one cash-flow and nearly a 7% cap rate on actuals! Major upgrades have been done to the bones of the property, including a recent replacement of the main sewer line. Cosmetic upgrades include but are not limited to new flooring, interior & exterior paint, kitchen cabinets & countertops, and bathroom tiles & vanities. The property is well managed with government-assisted tenants on annual leases at market rates. Individually metered for electric. Located in an Opportunity Zone near Phoenix Sky Harbor Airport, downtown Phoenix, and I-10 & Loop 202 freeways. To learn more about City of Phoenix Opportunity Zones go to Drive-by only. Please do not disturb tenants.
Last Agent to Sell the Property
ABI Multifamily License #SA693849000 Listed on: 08/09/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,893
Year Built
- Built in 1958
Home Design
- Composition Roof
- Block Exterior
- Stucco
Flooring
- Ceramic Tile Flooring
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- On-Street Parking
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- The owner pays for trash collection, water, sewer
- Legal Lot and Block 31 / 2
- Assessor Parcel Number 116-01-073
Community Details
Overview
- 2 Buildings
- 5 Units
- Building Dimensions are Rectangular
- Aviation Homesites Subdivision
Building Details
- Operating Expense $17,743
- Gross Income $65,265
- Net Operating Income $47,898
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/15/2023 11/15/23 | Sold | $685,000 | -1.4% | -- | |
| 10/26/2023 10/26/23 | Price Changed | $695,000 | 0.0% | -- | |
| 09/19/2023 09/19/23 | For Sale | $695,000 | 0.0% | -- | |
| 08/29/2023 08/29/23 | Pending | -- | -- | -- | |
| 08/25/2023 08/25/23 | For Sale | $695,000 | +11.2% | -- | |
| 03/25/2022 03/25/22 | Price Changed | $625,000 | -2.3% | -- | |
| 03/24/2022 03/24/22 | Sold | $640,000 | +2.4% | -- | View Prior Sale |
| 03/24/2022 03/24/22 | Pending | -- | -- | -- | |
| 03/01/2022 03/01/22 | For Sale | $625,000 | +43.7% | -- | |
| 05/22/2020 05/22/20 | Sold | $435,000 | 0.0% | -- | View Prior Sale |
| 04/15/2020 04/15/20 | Pending | -- | -- | -- | |
| 03/14/2020 03/14/20 | For Sale | $435,000 | +34.3% | -- | |
| 07/16/2019 07/16/19 | Sold | $324,000 | -1.8% | -- | View Prior Sale |
| 07/02/2019 07/02/19 | Pending | -- | -- | -- | |
| 07/01/2019 07/01/19 | Price Changed | $329,900 | 0.0% | -- | |
| 06/12/2019 06/12/19 | For Sale | $330,000 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $2,139 | $15,336 | -- | -- |
| 2024 | $2,010 | $14,606 | -- | -- |
| 2023 | $2,010 | $39,360 | $7,870 | $31,490 |
| 2022 | $1,893 | $28,500 | $5,700 | $22,800 |
| 2021 | $1,921 | $24,780 | $4,950 | $19,830 |
| 2020 | $1,913 | $20,900 | $4,180 | $16,720 |
| 2019 | $1,905 | $14,130 | $2,820 | $11,310 |
| 2018 | $1,882 | $11,580 | $2,310 | $9,270 |
| 2017 | $808 | $10,580 | $2,110 | $8,470 |
| 2016 | $828 | $7,910 | $1,580 | $6,330 |
| 2015 | $769 | $7,050 | $1,410 | $5,640 |
Source: Public Records
Agents Affiliated with this Home
-
Colin Kreager
-
Sonya Buerger
Buyer's Agent in 2023
Sonya Buerger
West USA Realty
(480) 322-0155
6 in this area
89 Total Sales
-
Patrick O'Sullivan
Seller's Agent in 2022
Patrick O'Sullivan
Get Multifamily
(602) 842-5050
5 in this area
29 Total Sales
-
Matthew Khalil
Buyer's Agent in 2022
Matthew Khalil
Real Broker
(916) 770-6120
4 in this area
133 Total Sales
-
Daniel Torres
D
Seller's Agent in 2020
Daniel Torres
Gentry Real Estate
(480) 750-9910
8 Total Sales
-
Janet Love
Buyer's Agent in 2020
Janet Love
Get Multifamily
(480) 369-2369
2 in this area
13 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6597018
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.
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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