E
Seller's Agent in 2018
Emily Weaver PLLC
Open House Realty
2242 E Taylor St Unit 5 Phoenix, AZ 85006
Central City Neighborhood
11
Beds
5
Baths
1,572
Sq Ft
1944
Built
Highlights
- Ceramic Tile Flooring
- Central Air
- Heating Available
- Phoenix Coding Academy Rated A
- Fenced
About This Home
As of August 2018GREAT CAP RATE, ALL UNITS RENTED, low vacancy area!! Fantastic location close to the airport, light rail and downtown Phoenix. Investor has done all of the heavy lifting. New electric panels/ 2 yrs old, hot water heaters/3 yrs old, NEW 2 ton A/C units. Investor has also done minor updates to the interiors as leases expire. New leases include 6% escalator clause. Anchored by (2) 3BR/1BA, (2) 2BR/1BA & (1) 1BR/1BA. On a large lot with ample off-street parking as the property is fenced..10 spots!! Lots of development in this area. Best multi-unit property value in the Phoenix area
Last Agent to Sell the Property
Emily Weaver PLLC
Open House Realty Listed on: 05/25/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $893
Year Built
- Built in 1944
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
Utilities
- Central Air
- Heating Available
- Separate Meters
- Natural Gas Not Available
Additional Features
- Ceramic Tile Flooring
- Fenced
Listing and Financial Details
- Tenant pays for electricity, cable TV
- The owner pays for water, sewer, trash collection, landscaping
- Legal Lot and Block 37 / 1
- Assessor Parcel Number 116-01-043
Community Details
Overview
- 5 Units
- Building Dimensions are 9687
- Aviation Homesites Subdivision
Building Details
- Operating Expense $4,842
- Gross Income $37,306
- Net Operating Income $33,558
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
Closed on
Jun 12, 2023
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
0.0643%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 5, 2023
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
0.0643%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 3, 2021
Sold by
Bought by
Purchase Details
Closed on
Dec 2, 2020
Sold by
Bought by
Purchase Details
Listed on
May 25, 2018
Closed on
Jul 26, 2018
Sold by
Bought by
Seller's Agent
Emily Weaver PLLC
Open House Realty
Buyer's Agent
Rachel Krill
Real Broker
List Price
$279,000
Sold Price
$257,000
Premium/Discount to List
-$22,000
-7.89%
Purchase Details
Closed on
Sep 14, 2017
Sold by
Bought by
Purchase Details
Closed on
Jun 27, 2016
Sold by
Bought by
Purchase Details
Closed on
May 28, 2014
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,200
Interest Rate
0.0423%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 31, 2012
Sold by
Bought by
Purchase Details
Closed on
Jun 27, 2012
Sold by
Bought by
Purchase Details
Closed on
Jun 12, 2012
Sold by
Bought by
Purchase Details
Closed on
Sep 30, 1999
Sold by
Bought by
Purchase Details
Closed on
Jan 3, 1998
Sold by
Bought by
Purchase Details
Closed on
Jan 24, 1975
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $637,500 | Pioneer Title | ||
| -- | Pioneer Title Services | ||
| $401,000 | Security Title Agency Inc | ||
| -- | Security Title Agency Inc | ||
| -- | Security Title Agency Inc | ||
| -- | Security Title Agency Inc | ||
| -- | -- | ||
| $257,000 | Magnus Title Agency Llc | ||
| -- | None Available | ||
| -- | None Available | ||
| $64,000 | Grand Canyon Title Agency In | ||
| -- | American Title Service Agenc | ||
| -- | American Title Service Agenc | ||
| $78,500 | American Title Service Agenc | ||
| -- | Chicago Title Insurance Co | ||
| -- | -- | ||
| -- | -- |
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 |
|---|---|---|---|
| Closed | $300,000 | ||
| Closed | $80,000 | ||
| Closed | $51,200 |
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 |
|---|---|---|---|---|
| 08/10/2018 08/10/18 | Sold | $257,000 | -7.9% | $163 / Sq Ft |
| 05/25/2018 05/25/18 | For Sale | $279,000 | -- | $177 / 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 | $1,093 | $7,833 | -- | -- |
| 2024 | $1,026 | $7,460 | -- | -- |
| 2023 | $1,026 | $39,160 | $7,830 | $31,330 |
| 2022 | $967 | $27,620 | $5,520 | $22,100 |
| 2021 | $981 | $23,480 | $4,690 | $18,790 |
| 2020 | $977 | $19,200 | $3,840 | $15,360 |
| 2019 | $973 | $16,100 | $3,220 | $12,880 |
| 2018 | $961 | $12,930 | $2,580 | $10,350 |
| 2017 | $893 | $11,750 | $2,350 | $9,400 |
| 2016 | $915 | $8,800 | $1,760 | $7,040 |
| 2015 | $850 | $7,880 | $1,570 | $6,310 |
Source: Public Records
Agents Affiliated with this Home
-
-
Rachel Krill
Buyer's Agent in 2018
Rachel Krill
Real Broker
(928) 246-4714
2 in this area
228 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5771452
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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