NOT LISTED FOR SALE

Estimated Value: $485,000 - $520,720

Studio
-- Bath
1,984 Sq Ft
$254/Sq Ft Est. Value

Sale Details

Date Sold: January 19, 2024

Last sale price $503,000 $254 Per Sq Ft

Current estimated payment $2,777 / mo

107 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

As of January 2024

Clean Tri-plex with solid rental history. 3 Residential rental units, one 1X1 one 2x1 and one 3X1. Property has block perimeter privacy wall with gated access from front and rear. Floor plans are open and have individual HVAC units and
IN-UNIT washers & dryers. Large paved parking area.

Last Agent to Sell the Property

Rich Kort

Good Oak Real Estate License #BR109131000 Listed on: 07/08/2023

Good Oak Real Estate

Last Buyer's Agent

Stephen Phelps

eXp Realty License #SA698470000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $579

Year Built

  • Built in 1985

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile

Parking

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

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 97
  • Assessor Parcel Number 122-57-068-A

Community Details

Overview

  • 3 Units
  • Building Dimensions are Irreg
  • Broadway Estates Subdivision

Building Details

  • Operating Expense $7,212
  • Gross Income $35,432
  • Net Operating Income $28,578

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$579

Year Built

Built in 1985

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Broadway/32ND ST
  • Property Type: Multiple Dwellings
  • Zoning: Multifamily R-
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2022
  • Road Surface Type: Asphalt
  • Subdivision Name: BROADWAY ESTATES
  • Tax Parcel Letter: A
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Parking Features: Paved, >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
  • Parking Features:Paved2: Yes

Utilities

  • Electric: SRP
  • Cooling: Ceiling Fan(s), Electric, Heat Pump, Individual
  • 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
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2563.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: Irreg
  • Additional Parcels: No
  • Parcel #: 122-57-068-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 3
  • Annual Gross Income: 35432.1
  • Insurance Expense: 1049.0
  • Maintenance Expense: 2771.0
  • Property Net Operating Income: 28578.0
  • Annual Operating Expense: 7212.0
  • Vacancy Allowance Rate: 0.01

Tax Info

  • Tax Annual Amount: 579.0
  • 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

Listed on
Jul 8, 2023
Closed on
Feb 1, 2024
Sold by
Bought by
Seller's Agent
Rich Kort
Good Oak Real Estate
Buyer's Agent
Stephen Phelps
eXp Realty
List Price
$515,000
Sold Price
$503,000
Premium/Discount to List
-$12,000
-2.33%
Views
30
Current Estimated Value
$504,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,430
Avg. Annual Appreciation
0.11%
Original Mortgage
$477,850
Interest Rate
0.0703%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 8, 2023
Closed on
Jan 19, 2024
Sold by
Bought by
Seller's Agent
Rich Kort
Good Oak Real Estate
Buyer's Agent
Stephen Phelps
eXp Realty
List Price
$515,000
Sold Price
$503,000
Premium/Discount to List
-$12,000
-2.33%
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,850
Interest Rate
0.0703%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2021
Sold by
Bought by

Purchase Details

Listed on
Mar 1, 2020
Closed on
Apr 23, 2020
Sold by
Bought by
Seller's Agent
Scott Trevey
REI Marketing
Buyer's Agent
Rich Kort
Good Oak Real Estate
List Price
$315,000
Sold Price
$300,000
Premium/Discount to List
-$15,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%
Original Mortgage
$225,000
Interest Rate
0.033%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2019
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
$134,400
Interest Rate
0.049%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2018
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
$134,400
Interest Rate
0.049%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 19, 2014
Closed on
Jan 20, 2015
Sold by
Bought by
Seller's Agent
Jerry A. Humphrey
Weichert, Realtors - Courtney Valleywide
Buyer's Agent
Amy Wright
HomeSmart
List Price
$67,800
Sold Price
$68,000
Premium/Discount to List
$200
0.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.07%

Purchase Details

Listed on
Dec 19, 2014
Closed on
Dec 30, 2014
Sold by
Bought by
Seller's Agent
Jerry A. Humphrey
Weichert, Realtors - Courtney Valleywide
Buyer's Agent
Amy Wright
HomeSmart
List Price
$67,800
Sold Price
$68,000
Premium/Discount to List
$200
0.29%

Purchase Details

Listed on
Dec 19, 2014
Closed on
Dec 2, 2014
Sold by
Bought by
Seller's Agent
Jerry A. Humphrey
Weichert, Realtors - Courtney Valleywide
Buyer's Agent
Amy Wright
HomeSmart
List Price
$67,800
Sold Price
$68,000
Premium/Discount to List
$200
0.29%

Purchase Details

Closed on
Jul 8, 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
$55,000
Interest Rate
0.0416%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2005
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
$98,700
Interest Rate
0.0592%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2003
Sold by
Bought by

Purchase Details

Closed on
Mar 28, 2000
Sold by
Bought by

Purchase Details

Closed on
Mar 20, 2000
Sold by
Bought by
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
-- Professional Escrow Services
$503,000 Chicago Title Agency
-- Atchley Mark
$300,000 American Title Svc Agcy Llc
$219,000 American Title Service Agenc
-- Lawyers Title Of Arizona Inc
$68,000 Lawyers Title Of Arizona Inc
-- Accommodation
$106,904 Accommodation
-- None Available
-- Security Title Agency Inc
-- Security Title Agency Inc
$89,500 --
$49,000 --
-- --
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 $477,850
Previous Owner $225,000
Previous Owner $134,400
Previous Owner $55,000
Previous Owner $98,700
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
01/19/2024 01/19/24 Sold $503,000 +0.6% $254 / Sq Ft
10/26/2023 10/26/23 Pending -- -- --
10/13/2023 10/13/23 Price Changed $500,000 -2.9% $252 / Sq Ft
10/05/2023 10/05/23 For Sale $515,000 0.0% $260 / Sq Ft
09/26/2023 09/26/23 Price Changed $515,000 0.0% $260 / Sq Ft
08/17/2023 08/17/23 Pending -- -- --
08/10/2023 08/10/23 For Sale $515,000 0.0% $260 / Sq Ft
08/04/2023 08/04/23 Pending -- -- --
08/03/2023 08/03/23 Price Changed $515,000 -2.8% $260 / Sq Ft
07/10/2023 07/10/23 For Sale $530,000 +76.7% $267 / Sq Ft
04/21/2020 04/21/20 Sold $300,000 -4.8% $151 / Sq Ft View Prior Sale
03/16/2020 03/16/20 Pending -- -- --
03/01/2020 03/01/20 For Sale $315,000 +363.2% $159 / Sq Ft
01/23/2015 01/23/15 Sold $68,000 +0.3% $34 / Sq Ft View Prior Sale
01/07/2015 01/07/15 Pending -- -- --
12/19/2014 12/19/14 For Sale $67,800 -- $34 / 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 $624 $4,139
2024 $591 $3,942
2023 $591 $29,250 $5,850 $23,400
2022 $579 $20,550 $4,110 $16,440
2021 $591 $16,930 $3,380 $13,550
2020 $583 $13,730 $2,740 $10,990
2019 $565 $13,550 $2,710 $10,840
2018 $549 $9,960 $1,990 $7,970
2017 $524 $7,300 $1,460 $5,840
2016 $498 $5,320 $1,060 $4,260
2015 $469 $4,530 $900 $3,630
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6578457

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-57-068A

Your Personal Tour Guide

Ask me questions while you tour the home.