$575,000
SOLD SEP 19, 2025
-- Bed
-- Bath
2,494 Sq Ft
1957 Built

Recently Sold

$231 Per Sq Ft

4% Below List Price

57 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Individual Controls for Heating
  • Phoenix Coding Academy Rated A

About This Home

As of September 2025

This 4-unit, garden-style property, built in 1957 with durable block construction, offers a favorable unit mix of three 2-bedroom/1-bathroom units and one 3-bedroom/1-bathroom unit. The property features on-site parking spaces, recently upgraded windows, and is individually metered for electricity. With significant value-add potential through interior and exterior renovations, it presents an attractive investment opportunity. Ideally located just minutes from Downtown Phoenix, Valleywise Health Medical Center, and Phoenix Sky Harbor Airport, the property also provides convenient access to both the I-10 and Loop 202 freeways.

Last Agent to Sell the Property

Bryce Neagle

ABI Multifamily License #SA692871000 Listed on: 06/11/2025

Co-Listed By

Tom Palestina

ABI Multifamily License #SA688331000

Last Buyer's Agent

Leticia Villela

Trade Realty LLC License #SA676672000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $888

Year Built

  • Built in 1957

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Over 1 Space Per Unit

Schools

  • Wilson Elementary Middle School

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 35
  • Assessor Parcel Number 116-01-077

Community Details

Overview

  • 4 Units
  • Building Dimensions are 8,247 sqft
  • Aviation Homesites Subdivision

Building Details

  • Operating Expense $888

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$888

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Cross Street: N 23rd St & E Taylor St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1957
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: abim01
  • Co List Office Phone: 602-714-1400
  • Subdivision Name: AVIATION HOMESITES
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Refrigerator, Built-In Electric Oven
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Built-In Electric Oven: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features >1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Other

Schools

  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Wilson Elementary School

Lot Info

  • Lot Size: 8,247 sqft
  • Additional Parcels: No
  • Parcel #: 116-01-077

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Annual Operating Expense: 888.0

Tax Info

  • Tax Annual Amount: 888.0
  • Tax Book Number: 116.00
  • Tax Lot: 35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2025
Closed on
Sep 18, 2025
Sold by
2237 E Taylor Llc
Bought by
Guerrero Ivan Rosero
Seller's Agent
Bryce Neagle
ABI Multifamily
Buyer's Agent
Leticia Villela
Trade Realty LLC
List Price
$600,000
Sold Price
$575,000
Premium/Discount to List
-$25,000
-4.17%
Views
42
Current Estimated Value
$576,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,296
Avg. Annual Appreciation
0.90%
Original Mortgage
$402,500
Outstanding Balance
$402,500
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$173,796

Purchase Details

Listed on
Jun 11, 2025
Closed on
Sep 8, 2025
Sold by
Guerrero Ivan Rosero
Bought by
Smi Brothers Llc
Seller's Agent
Bryce Neagle
ABI Multifamily
Buyer's Agent
Leticia Villela
Trade Realty LLC
List Price
$600,000
Sold Price
$575,000
Premium/Discount to List
-$25,000
-4.17%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,500
Outstanding Balance
$402,500
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$173,796

Purchase Details

Closed on
Jul 2, 2020
Sold by
Kotter David and Kotter Jill M
Bought by
2237 E Taylor Llc

Purchase Details

Closed on
Oct 8, 2018
Sold by
Phase 1 Investments Llc
Bought by
Kotter David and Kotter Jill M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2018
Sold by
Barraza Bulmaro
Bought by
Phase1 Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Barraza Bulmaro

Purchase Details

Closed on
Feb 28, 2011
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Dec 27, 2010
Sold by
Martinez J Merced
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 28, 2003
Sold by
Castaneda Pedro Garcia
Bought by
Martinez J Merced

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,980
Interest Rate
5.98%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 22, 2001
Sold by
Ledezma Rigoberto
Bought by
Castaneda Pedro Garcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 1998
Sold by
Cohen Roy
Bought by
Ledezma Rigoberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,346
Interest Rate
7.18%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Type Sale Price Title Company
Warranty Deed $575,000 Pioneer Title Agency
Warranty Deed -- Accommodation/Courtesy Recordi
Warranty Deed -- None Available
Warranty Deed $230,000 Wfg National Title Insurance
Warranty Deed $209,000 Wfg National Title Insurance
Special Warranty Deed -- Grand Canyon Title Agency
Grant Deed -- Great American Title Agency
Trustee Deed $152,449 Great American Title
Warranty Deed $145,000 Security Title Agency
Warranty Deed $120,000 Security Title Agency
Warranty Deed $80,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $402,500 New Conventional
Previous Owner $172,500 New Conventional
Previous Owner $142,980 FHA
Previous Owner $96,000 New Conventional
Previous Owner $79,346 FHA
Closed $18,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2025 09/19/25 Sold $575,000 -4.2% $231 / Sq Ft
06/11/2025 06/11/25 For Sale $600,000 -- $241 / 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 $950 $6,811 -- --
2024 $893 $6,487 -- --
2023 $893 $32,160 $6,430 $25,730
2022 $841 $22,720 $4,540 $18,180
2021 $853 $19,000 $3,800 $15,200
2020 $850 $15,670 $3,130 $12,540
2019 $846 $13,300 $2,660 $10,640
2018 $836 $11,760 $2,350 $9,410
2017 $777 $10,200 $2,040 $8,160
2016 $795 $7,760 $1,550 $6,210
2015 $739 $7,000 $1,400 $5,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6879146

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-01-077