NOT LISTED FOR SALE

2936 E Van Buren St Phoenix, AZ 85008

Central City Neighborhood
1 Bed
1 Bath
380 Sq Ft
1.07 Acre Lot

Sale Details

Date Sold: June 25, 2024

Last sale price $3,800,000 $10,000 Per Sq Ft

415 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of June 2024

28 Casita style units (single story) with 760 square feet of retail space on Van Buren. 16 Buildings total. Nearly 100% renovated, new construction down to studs within past few years. 26 units are 1 bedroom/1 bath, 2 units are 2 bedroom/1 bath. New asphalt parking lot. All units are separately metered. Coin laundry room. 93% occupancy, final unit to be completed in next two months, then ready to lease.

Last Agent to Sell the Property

Tiffany McGill

MCG Realty License #BR115598000 Listed on: 03/06/2023

Last Buyer's Agent

Garrett Hemeyer

Orion Investment Real Estate License #SA684184000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,578

Year Built

  • Built in 1945

Lot Details

  • 1.07

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 34 Open Parking Spaces
  • 34 Parking Spaces
  • Free Parking

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 1
  • Assessor Parcel Number 121-68-063-B

Community Details

Overview

  • 16 Buildings
  • 28 Units
  • Building Dimensions are irregular

Building Details

  • Operating Expense $15,578

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,578

Year Built

Built in 1945

Lot Details

1.07 Acres

Listing Details

  • Cross Street: 30th Street & Van Buren
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: C-3
  • Number Of Buildings: 16
  • Ownership: Fee Simple
  • Year Built: 1945
  • Tax Year: 2022
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: B
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Free, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 34.0
  • Total Parking Spaces: 34.0
  • General Property Description:Uncvrd Parking Spcs: 34.0
  • General Property Description:Total Parking Spcs: 34.0
  • Parking:Free: Yes
  • Parking:_one_ SpaceUnit: 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:Cable TV Available: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: irregular
  • Additional Parcels: No
  • Parcel #: 121-68-063-B

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 28
  • Annual Operating Expense: 15578.0

Tax Info

  • Tax Annual Amount: 15578.0
  • Tax Book Number: 121.00
  • Tax Lot: 1

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
Mar 6, 2023
Closed on
Jun 25, 2024
Sold by
Bought by
Seller's Agent
Tiffany McGill
MCG Realty
Buyer's Agent
Garrett Hemeyer
Orion Investment Real Estate
List Price
$3,900,000
Sold Price
$3,800,000
Premium/Discount to List
-$100,000
-2.56%
Views
104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,660,000
Interest Rate
0.0709%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 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
$473,651
Interest Rate
0.0422%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 22, 2014
Sold by
Bought by

Purchase Details

Closed on
Jun 23, 1976
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
$3,800,000 Pioneer Title
$592,064 Grand Canyon Title Agency
-- None Available
-- Old Republic Title Agency
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 $2,660,000
Previous Owner $473,651
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
06/25/2024 06/25/24 Sold $3,800,000 -2.6% $10,000 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
04/08/2024 04/08/24 Price Changed $3,900,000 0.0% $10,263 / Sq Ft
04/08/2024 04/08/24 For Sale $3,900,000 +2.6% $10,263 / Sq Ft
01/08/2024 01/08/24 Off Market $3,800,000 -- --
08/21/2023 08/21/23 Price Changed $4,200,000 -4.5% $11,053 / Sq Ft
08/21/2023 08/21/23 Price Changed $4,400,000 -8.3% $11,579 / Sq Ft
03/06/2023 03/06/23 For Sale $4,800,000 -- $12,632 / 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 $11,016 $78,975
2024 $9,449 $75,215
2023 $9,449 $111,540 $44,480 $67,060
2022 $15,578 $126,193 $57,610 $68,583
2021 $16,257 $127,746 $59,256 $68,490
2020 $16,188 $128,232 $60,228 $68,004
2019 $16,120 $111,258 $46,440 $64,818
2018 $15,926 $109,710 $45,576 $64,134
2017 $14,803 $103,788 $42,192 $61,596
2016 $15,155 $87,696 $39,078 $48,618
2015 $14,472 $85,193 $43,512 $41,681
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Tiffany McGill

    MCG Realty

    (602) 620-1453

    2 in this area

    30 Total Sales

    Tiffany McGill
    Section Image
  • Garrett Hemeyer

    Buyer's Agent in 2024

    Garrett Hemeyer

    Orion Investment Real Estate

    (480) 848-3168

    4 in this area

    21 Total Sales

    Garrett Hemeyer
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6528308

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Phoenix 85008 Central City

2936 E Van Buren St, 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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