NOT LISTED FOR SALE

Estimated Value: $513,000 - $586,000

1 Bed
1 Bath
1,150 Sq Ft
$470/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $470,000 $409 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,916/month

181 Days on Market

Highlights

  • 4 Car Attached Garage
  • Ceramic Tile Flooring
  • Ceiling Fan
  • The Creighton Academy Rated 10
  • Central Air
  • Heating Available

About This Home

As of December 2022

Fully remodeled turnkey duplex. Each unit features 1 bedroom, 1 bathroom, inside laundry and individual covered parking with storage units. Additional features include updated plumbing and electrical including new roof, new windows, new HVAC units and new electrical panels. Call for more details!

Last Agent to Sell the Property

Joshua Gonzalez

Compass License #SA576867000 Listed on: 06/02/2022

Compass

Last Buyer's Agent

Stephen Liby

HomeSmart License #SA679572000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $550

Year Built

  • Built in 1957

Lot Details

  • 7,841

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 4 Car Attached Garage
  • Common or Shared Parking
  • Assigned Parking

Schools

  • Creighton Elementary School
  • Camelback High School

Utilities

  • Central Air
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 93
  • Assessor Parcel Number 121-77-043-B

Community Details

Overview

  • 2 Units
  • Building Dimensions are 8,097
  • Del Rey Lots 21 58 & Lot 99 Subdivision

Building Details

  • Operating Expense $1,750
  • Gross Income $124,800
  • Net Operating Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$550

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Cross Street: McDowell and 24th Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1957
  • Tax Year: 2021
  • Directions: East on McDowell, South on 27th Street, Left on Culver Street to the end of road. Property on left side of street.
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: DEL REY LOTS 21-58 & LOT 99
  • Tax Parcel Letter: B
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range, Microwave, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Paved Parking, Assigned, Add'l Parking Avail, Attached, 1 Space/Unit, Common
  • Attached Garage: Yes
  • 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:Carport: Yes
  • Parking:Attached: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:Assigned: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central A/C, Electric, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 1200.0

Schools

  • Elementary School: Creighton Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Creighton Elementary School

Lot Info

  • Lot Size: 8,097
  • Additional Parcels: No
  • Parcel #: 121-77-043-B

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 124800.0
  • Property Net Operating Income: 31200.0
  • Annual Operating Expense: 1750.0
  • Vacancy Allowance Rate: 5.0

Tax Info

  • Tax Annual Amount: 550.0
  • Tax Book Number: 121.00
  • Tax Lot: 93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Dec 30, 2022
Sold by
Rrc Llc
Bought by
Jorgensen James and Jorgensen Terri
Seller's Agent
Joshua Gonzalez
Compass
Buyer's Agent
Stephen Liby
HomeSmart
List Price
$549,000
Sold Price
$470,000
Premium/Discount to List
-$79,000
-14.39%
Views
20
Current Estimated Value
$540,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,623
Avg. Annual Appreciation
5.22%

Purchase Details

Closed on
Mar 30, 2022
Sold by
David Shumate Randall
Bought by
Rrc Llc
Source: Public Records

Range of Values:

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Average Value
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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
Jorgensen James $470,000 100 Title Agency Llc
Rrc Llc $330,000 Grand Canyon Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $470,000 0.0% $409 / Sq Ft
11/21/2022 11/21/22 Rented $1,300 0.0% --
09/22/2022 09/22/22 Price Changed $489,000 -1.0% $425 / Sq Ft
09/15/2022 09/15/22 Price Changed $494,000 0.0% $430 / Sq Ft
08/30/2022 08/30/22 For Rent $1,300 0.0% --
08/25/2022 08/25/22 Price Changed $499,000 -1.0% $434 / Sq Ft
08/18/2022 08/18/22 Price Changed $504,000 0.0% $438 / Sq Ft
08/16/2022 08/16/22 Under Contract -- -- --
08/11/2022 08/11/22 Price Changed $1,300 0.0% $2 / Sq Ft
08/11/2022 08/11/22 Price Changed $509,000 -1.0% $443 / Sq Ft
08/04/2022 08/04/22 Price Changed $514,000 0.0% $447 / Sq Ft
08/03/2022 08/03/22 For Rent $1,150 0.0% --
07/28/2022 07/28/22 Price Changed $519,000 -1.0% $451 / Sq Ft
07/21/2022 07/21/22 Price Changed $524,000 -0.9% $456 / Sq Ft
07/21/2022 07/21/22 Price Changed $529,000 -0.9% $460 / Sq Ft
07/14/2022 07/14/22 Price Changed $534,000 -0.9% $464 / Sq Ft
07/07/2022 07/07/22 Price Changed $539,000 -0.9% $469 / Sq Ft
06/30/2022 06/30/22 Price Changed $544,000 -0.9% $473 / Sq Ft
06/02/2022 06/02/22 For Sale $549,000 -- $477 / Sq Ft
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 $598 $4,597 -- --
2024 $556 $4,378 -- --
2023 $556 $21,280 $4,250 $17,030
2022 $534 $15,650 $3,130 $12,520
2021 $550 $13,130 $2,620 $10,510
2020 $536 $10,920 $2,180 $8,740
2019 $532 $8,580 $1,710 $6,870
2018 $521 $6,910 $1,380 $5,530
2017 $501 $6,970 $1,390 $5,580
2016 $481 $5,480 $1,090 $4,390
2015 $448 $4,370 $870 $3,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6410797

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-77-043B