NOT LISTED FOR SALE

Estimated Value: $325,000 - $824,838

-- Bed
-- Bath
-- Sq Ft
1955 Built

Last Sold May 29, 2024

Last sale price $805,000

Est. 16% decrease in value since last sale

Current estimated payment $3,754/month

42 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of May 2024

Three units with room to add more on a ±0.91-acre lot Infill residential lot located in a desirable and revitalizing area, presenting a fantastic redevelopment opportunity. Located near Thomas and 24th St, between Virginia and Oak Streets, within easy reach of the entire valley via nearby SR-51 and 202 freeways, this property holds promise for creative redevelopment in a primarily residential area.

Last Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 03/07/2024

Co-Listed By

Tommy Moore

R.O.I. Properties License #SA708560000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,246

Year Built

  • Built in 1955

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • Carport
  • Paved Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 120-33-046

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are See Tax Assesor

Building Details

  • Operating Expense $2,246

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,246

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Cross Street: 24th St & Thomas Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R1-6
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1955
  • Tax Year: 2023
  • Road Surface Type: Gravel, Dirt, Asphalt, Concrete, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Carpet, Ceramic Tile, Vinyl, Wood
  • Appliances: Other
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Paved, Carport
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features:Carport: Yes
  • Parking Features:Paved2: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: See Tax Assesor
  • Additional Parcels: No
  • Parcel #: 120-33-046

Multi Family

  • Owner Pays: Other, See Remarks
  • Number Of Units Total: 3
  • Annual Operating Expense: 2246.0

Tax Info

  • Tax Annual Amount: 2246.0
  • Tax Book Number: 120.00
  • Tax Lot: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
May 29, 2024
Sold by
Geary Wallace Frederick and Geary Virginia Faye
Bought by
Trombetta Andrew F
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$850,000
Sold Price
$805,000
Premium/Discount to List
-$45,000
-5.29%
Views
48
Current Estimated Value
$678,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$126,790
Avg. Annual Appreciation
-10.60%

Purchase Details

Closed on
Aug 9, 2021
Sold by
Geary Wallace Frederick
Bought by
Geary Wallace Frederick and Wallace Frederick Geary Jr Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Trombetta Andrew F $805,000 Clear Title Agency Of Arizona
Geary Wallace Frederick -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2024 05/29/24 Sold $805,000 -5.3% --
05/09/2024 05/09/24 Price Changed $850,000 0.0% --
04/20/2024 04/20/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $850,000 -- --
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 $2,361 $17,478 -- --
2024 $2,246 $16,646 -- --
2023 $2,246 $72,150 $14,430 $57,720
2022 $2,158 $53,250 $10,650 $42,600
2021 $2,210 $46,410 $9,280 $37,130
2020 $2,157 $38,220 $7,640 $30,580
2019 $2,141 $29,310 $5,860 $23,450
2018 $2,097 $26,420 $5,280 $21,140
2017 $2,016 $22,960 $4,590 $18,370
2016 $1,938 $20,250 $4,050 $16,200
2015 $1,803 $17,370 $3,470 $13,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6674632

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-33-046