NOT LISTED FOR SALE

2545 E Marguerite Ave Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $458,000 - $519,000

3 Beds
-- Bath
1,984 Sq Ft
$241/Sq Ft Est. Value

Sale Details

Date Sold: September 27, 2022

Last sale price $138,000 $70 Per Sq Ft

Est. 247% increase in value since last sale

Current estimated payment $2,640 / mo

14 Days on Market

Highlights

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

About This Home

As of September 2022

Looking for a new project? This multi-dwelling property is the one! Starting with a spacious yard ready for your landscape ideas and has plenty of space to host memorable gatherings with breathtaking mountain views. Perfectly located close to restaurants, parks, schools, and so much more! With some TLC this value can be a true dream! What an amazing investment opportunity that awaits you! Start calling right now before it's too late! See Private Remarks!

Last Agent to Sell the Property

Daniel Noma

Incyte Realty, LLC License #BR559881000 Listed on: 09/06/2022

Co-Listed By

Soroosh Ghafaripanah

Incyte Realty, LLC License #SA656081000

Last Buyer's Agent

Andrew Jonovich

Realty85 License #SA663375000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $591

Year Built

  • Built in 1985

Lot Details

  • 7,449

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Siding
  • Stucco

Parking

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

Schools

  • Percy L Julian Middle School
  • South Mountain High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 97
  • Assessor Parcel Number 122-57-068-B

Community Details

Overview

  • 3 Units
  • Building Dimensions are 129.01-58.67-129.02-58.67
  • Broadway Estates Lots 137 158 Subdivision

Building Details

  • Operating Expense $591

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$591

Year Built

Built in 1985

Lot Details

7,449 Sq Ft Lot

Listing Details

  • Cross Street: 24th Street and Broadway
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: vrei01
  • Co List Office Phone: 480-409-9000
  • Subdivision Name: BROADWAY ESTATES LOTS 137-158
  • Tax Parcel Letter: B
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Other
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Wood Frame, Siding, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Parking Features: Free, >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 Free2: Yes
  • Parking Features >1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Percy L Julian School

Lot Info

  • Lot Size: 129.01-58.67-129.02-58.67
  • Additional Parcels: No
  • Parcel #: 122-57-068-B

Multi Family

  • Owner Pays: Other
  • Number Of Units Total: 3
  • Annual Operating Expense: 591.0

Tax Info

  • Tax Annual Amount: 591.0
  • Tax Book Number: 122.00
  • Tax Lot: 97

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 13, 2023
Sold by
Bought by
Current Estimated Value
$479,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,500
Interest Rate
0.0639%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 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
$444,500
Interest Rate
0.0639%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2023
Sold by
Bought by

Purchase Details

Listed on
Sep 6, 2022
Closed on
Oct 3, 2022
Sold by
Bought by
Seller's Agent
Daniel Noma
Incyte Realty, LLC
Buyer's Agent
Andrew Jonovich
Realty85
List Price
$200,000
Sold Price
$138,000
Premium/Discount to List
-$62,000
-31%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.99%
Original Mortgage
$138,000
Interest Rate
0.0513%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2020
Sold by
Bought by

Purchase Details

Closed on
Aug 14, 2015
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
$80,250
Interest Rate
0.0397%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2013
Sold by
Bought by

Purchase Details

Closed on
Sep 1, 2003
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
-- --
-- Lawyers Title Of Arizona
-- --
$138,000 Lawyers Title
$244,800 None Available
-- Old Republic Title Agency
$94,735 Great American Title Agency
$89,500 --
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
Open $444,500
Previous Owner $138,000
Previous Owner $80,250
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
09/27/2022 09/27/22 Sold $138,000 0.0% $70 / Sq Ft
09/20/2022 09/20/22 Pending -- -- --
09/15/2022 09/15/22 Off Market $138,000 -- --
09/15/2022 09/15/22 For Sale $200,000 +44.9% $101 / Sq Ft
09/08/2022 09/08/22 Off Market $138,000 -- --
09/06/2022 09/06/22 For Sale $200,000 +185.1% $101 / Sq Ft
07/23/2014 07/23/14 Sold $70,150 -22.0% $35 / Sq Ft View Prior Sale
06/23/2014 06/23/14 Pending -- -- --
06/13/2014 06/13/14 For Sale $89,900 -- $45 / 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 $625 $4,143
2024 $591 $3,946
2023 $591 $29,280 $5,850 $23,430
2022 $579 $20,570 $4,110 $16,460
2021 $591 $16,960 $3,390 $13,570
2020 $584 $13,750 $2,750 $11,000
2019 $565 $13,570 $2,710 $10,860
2018 $550 $9,960 $1,990 $7,970
2017 $524 $7,300 $1,460 $5,840
2016 $498 $5,330 $1,070 $4,260
2015 $469 $4,540 $910 $3,630
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Daniel Noma

    Incyte Realty, LLC

  • S

    Seller Co-Listing Agent in 2022

    Soroosh Ghafaripanah

    Incyte Realty, LLC

  • A

    Buyer's Agent in 2022

    Andrew Jonovich

    Realty85

    (602) 510-5741

    4 in this area

    36 Total Sales

    Andrew Jonovich
    Section Image
  • Jerry A. Humphrey

    Seller's Agent in 2014

    Jerry A. Humphrey

    Weichert, Realtors - Courtney Valleywide

    (480) 688-3888

    1 in this area

    26 Total Sales

    Jerry A. Humphrey
    Section Image
  • Bryan Schlueter

    Buyer's Agent in 2014

    Bryan Schlueter

    Midland Real Estate Alliance

    (480) 620-9669

    10 Total Sales

    Bryan Schlueter
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6460289

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-57-068B

Arizona Maricopa County Phoenix 85040 South Mountain

2545 E Marguerite Ave, 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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