2704 E Southgate Ave Phoenix, AZ 85040
South Mountain Neighborhood
--
Bed
--
Bath
1,200
Sq Ft
2006
Built
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Heating Available
- Phoenix Coding Academy Rated A
About This Home
As of March 2022Constructed in 2006 and FULLY PERMITTED. Beautiful, low-maintenance, split face block construction. Xeroscape lot. Concrete driveway, concrete parking pad and 4-vehicle steel carport. Tenants pay electric and cable. Landlord pays sewer, water, trash. Inside laundry room in each unit with 'hook-ups.' Possible upside rental rate opportunity. Building and Units are in VERY GOOD condition.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Arizona Properties License #SA552625000 Listed on: 08/01/2013
Last Buyer's Agent
Berkshire Hathaway HomeServices Arizona Properties License #SA552625000 Listed on: 08/01/2013
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $813
Year Built
- Built in 2006
Home Design
- Composition Roof
- Block Exterior
Flooring
- Carpet
- Ceramic Tile
Parking
- 4 Parking Spaces
- 4 Covered Spaces
- Common or Shared Parking
Schools
- T G Barr Elementary And Middle School
- South Mountain High School
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tenant pays for electricity, cable TV
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 119
- Assessor Parcel Number 122-20-141
Community Details
Overview
- 2 Units
- Building Dimensions are 10890
Building Details
- Operating Expense $3,698
- Gross Income $15,105
- Net Operating Income $9,745
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 14, 2022
Closed on
Mar 16, 2022
Sold by
2704 E Southgate Ave Llc
Bought by
Blue Nile Arizona Alliance Llc
Seller's Agent
Patty Camp Schmid
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Khalid Osman
1912 Realty
List Price
$470,000
Sold Price
$470,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%
Purchase Details
Closed on
Dec 27, 2017
Sold by
Walker Damien
Bought by
2704 E Southgate Ave Llc
Purchase Details
Closed on
Jun 29, 2016
Sold by
2704 E Southgate Ave Llc
Bought by
Walker Damien B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
3.66%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 1, 2013
Closed on
Aug 26, 2013
Sold by
Glenhaven Llc
Bought by
2704 E Southgate Ave Llc
Seller's Agent
Patty Camp Schmid
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Patty Camp Schmid
Berkshire Hathaway HomeServices Arizona Properties
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.83%
Original Mortgage
$125,000
Interest Rate
4.33%
Mortgage Type
Seller Take Back
Purchase Details
Listed on
May 3, 2012
Closed on
Aug 10, 2012
Sold by
Chen Ching An and Lin Mei Ling
Bought by
Glenhaven Llc
Seller's Agent
Taylor Link
R & C Real Estate Investments, LLC
Buyer's Agent
Patty Camp Schmid
Berkshire Hathaway HomeServices Arizona Properties
List Price
$140,000
Sold Price
$98,000
Premium/Discount to List
-$42,000
-30%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.18%
Purchase Details
Closed on
Mar 23, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Chen Chin An and Lin Mei Lin
Purchase Details
Closed on
Dec 15, 2011
Sold by
Malik Kamran
Bought by
Deutsche Bank National Trust Company
Purchase Details
Closed on
Sep 25, 2006
Sold by
Rebl Holdings Llc
Bought by
Malik Kamran
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,300
Interest Rate
1.62%
Mortgage Type
New Conventional
Similar Home in Phoenix, AZ
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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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $470,000 | Security Title | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | Title365 Agency | |
| Warranty Deed | $150,000 | Greystone Title Agency Llc | |
| Cash Sale Deed | $98,000 | First American Title Ins Co | |
| Special Warranty Deed | -- | Servicelink | |
| Trustee Deed | $38,961 | None Available | |
| Warranty Deed | $297,000 | Security Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $116,250 | New Conventional | |
| Previous Owner | $125,000 | Seller Take Back | |
| Previous Owner | $267,300 | New Conventional | |
| Previous Owner | $240,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2025 07/14/25 | Price Changed | $625,000 | -1.6% | -- |
| 04/23/2025 04/23/25 | For Sale | $635,000 | +35.1% | -- |
| 03/18/2022 03/18/22 | Sold | $470,000 | 0.0% | $392 / Sq Ft |
| 03/02/2022 03/02/22 | Pending | -- | -- | -- |
| 02/24/2022 02/24/22 | For Sale | $470,000 | 0.0% | $392 / Sq Ft |
| 02/17/2022 02/17/22 | Pending | -- | -- | -- |
| 02/14/2022 02/14/22 | For Sale | $470,000 | +213.3% | $392 / Sq Ft |
| 08/30/2013 08/30/13 | Sold | $150,000 | -3.2% | $125 / Sq Ft |
| 08/14/2013 08/14/13 | Pending | -- | -- | -- |
| 08/01/2013 08/01/13 | For Sale | $155,000 | +58.2% | $129 / Sq Ft |
| 08/20/2012 08/20/12 | Sold | $98,000 | -30.0% | $39 / Sq Ft |
| 05/31/2012 05/31/12 | Pending | -- | -- | -- |
| 05/03/2012 05/03/12 | For Sale | $140,000 | -- | $56 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,454 | $9,898 | -- | -- |
| 2024 | $1,413 | $9,427 | -- | -- |
| 2023 | $1,413 | $41,570 | $8,310 | $33,260 |
| 2022 | $1,384 | $25,500 | $5,100 | $20,400 |
| 2021 | $1,413 | $21,120 | $4,220 | $16,900 |
| 2020 | $1,395 | $19,170 | $3,830 | $15,340 |
| 2019 | $1,350 | $17,200 | $3,440 | $13,760 |
| 2018 | $1,314 | $14,220 | $2,840 | $11,380 |
| 2017 | $1,252 | $11,760 | $2,350 | $9,410 |
| 2016 | $1,191 | $10,510 | $2,100 | $8,410 |
| 2015 | $1,121 | $8,330 | $1,660 | $6,670 |
Source: Public Records
Agents Affiliated with this Home
-
Khalid Osman
Seller's Agent in 2025
Khalid Osman
1912 Realty
(602) 295-8293
5 in this area
66 Total Sales
-
Patty Camp Schmid
Seller's Agent in 2022
Patty Camp Schmid
Berkshire Hathaway HomeServices Arizona Properties
(480) 889-4449
5 in this area
87 Total Sales
-
David Schmid
Seller Co-Listing Agent in 2022
David Schmid
Berkshire Hathaway HomeServices Arizona Properties
(480) 688-2034
5 in this area
59 Total Sales
-
Taylor Link
T
Seller's Agent in 2012
Taylor Link
R & C Real Estate Investments, LLC
(480) 820-5201
27 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 4977103
APN: 122-20-141
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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