NOT LISTED FOR SALE

Estimated Value: $408,722 - $536,000

Studio
-- Bath
2,112 Sq Ft
$223/Sq Ft Est. Value

Last Sold June 09, 2022

Last sale price $425,000 $201 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,518/month

2 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

As of June 2022

Phoenix Triplex in a fantastic up and coming area with all 2bd and 1 bath units. Close to HWY and Phoenix Online University. Clean and well maintained building with opportunity to own the building next door as well.

Last Agent to Sell the Property

Richard Kovarik

HomeSmart License #SA623916000 Listed on: 05/25/2022

HomeSmart

Last Buyer's Agent

Herman Quinones

HQ Property Services License #BR669535000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $732

Year Built

  • Built in 1985

Lot Details

  • 7,492

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Over 1 Space Per Unit
  • Paved Parking
  • On-Street Parking

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Ceiling Fan
  • Property fronts an alley

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 138
  • Assessor Parcel Number 122-60-086-A

Community Details

Overview

  • 3 Units
  • Building Dimensions are 7502 sq ft
  • Wier Estates Lots 137 158 Subdivision

Building Details

  • Operating Expense $732
  • Gross Income $29,100
  • Net Operating Income $25,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$732

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: Broadway & 32nd Street
  • 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 Frontage Type: Alley
  • Road Surface Type: Asphalt
  • Subdivision Name: WIER ESTATES LOTS 137-158
  • Tax Parcel Letter: A
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: 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, Vinyl
  • Appliances: Free-Standing Range, Disposal, Refrigerator, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Paved, >1 Space Per Unit, 1 Space/Unit, On Street
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Paved2: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central Air, Ceiling Fan(s), 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:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Satellite Dish: Yes
  • Interior Amenities:Fire Sprinklers2: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 7502 sq ft
  • Additional Parcels: No
  • Parcel #: 122-60-086-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 3
  • Annual Gross Income: 29100.0
  • Property Net Operating Income: 25000.0
  • Annual Operating Expense: 732.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 732.0
  • Tax Book Number: 122.00
  • Tax Lot: 138

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2025
Sold by
Quinones Herman and Quinones Brenda
Bought by
Herman Quinones Revocable Living Trust
Current Estimated Value
$469,931

Purchase Details

Listed on
May 25, 2022
Closed on
Jun 9, 2022
Sold by
M & A Family Trust
Bought by
Quinones Herman and Quinones Brenda A
Seller's Agent
Richard Kovarik
HomeSmart
Buyer's Agent
Herman Quinones
HQ Property Services
List Price
$409,000
Sold Price
$425,000
Premium/Discount to List
$16,000
3.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.85%
Original Mortgage
$340,000
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2018
Sold by
Kovarik Richard Michael and Kovarik Amber L
Bought by
Kovarik Richard Michael and Kovarik Lynn

Purchase Details

Closed on
Feb 1, 2008
Sold by
Kovarik Richard Michael
Bought by
Kovarik Richard Michael and Kovarik Amber L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,500
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2004
Sold by
Russell Bertrand and Russell Jeannette
Bought by
Kovarik Richard Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,504
Interest Rate
7.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2000
Sold by
Joksimovich Gordon
Bought by
Russell Bertland and Russell Jeannette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
7.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 1995
Sold by
Michigan National Bank
Bought by
Joksimovich Gordon

Purchase Details

Closed on
Apr 26, 1995
Sold by
Federal National Mortgage Association
Bought by
Michigan National Bank
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

Date Buyer Sale Price Title Company
Herman Quinones Revocable Living Trust -- None Listed On Document
Quinones Herman $425,000 Fidelity National Title
Kovarik Richard Michael -- None Available
Kovarik Richard Michael -- Fidelity National Title
Kovarik Richard Michael $137,000 First Financial Title Agency
Russell Bertland $90,000 American Title Insurance
Joksimovich Gordon $15,000 First American Title
Michigan National Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Quinones Herman $340,000
Previous Owner Kovarik Richard Michael $146,500
Previous Owner Kovarik Richard Michael $108,504
Previous Owner Russell Bertland $81,000
Closed Kovarik Richard Michael $27,126
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2022 06/09/22 Sold $425,000 +3.9% $201 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $409,000 -- $194 / 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 $773 $5,127 -- --
2024 $732 $4,883 -- --
2023 $732 $30,530 $6,100 $24,430
2022 $717 $21,430 $4,280 $17,150
2021 $732 $17,650 $3,530 $14,120
2020 $723 $14,320 $2,860 $11,460
2019 $699 $14,160 $2,830 $11,330
2018 $680 $10,410 $2,080 $8,330
2017 $648 $7,610 $1,520 $6,090
2016 $617 $6,470 $1,290 $5,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6405840

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-60-086A