George Ponce
Century 21 Northwest
(855) 526-3870
75 Total Sales
1 in Central City
$214,000 Price
3002 E Mckinley St Phoenix, AZ 85008
Central City NeighborhoodEstimated Value: $924,789 - $1,049,000
6
Beds
6
Baths
641
Sq Ft
$1,540/Sq Ft
Est. Value
Highlights
- Central Air
- Fenced
- Heating System Uses Natural Gas
- Phoenix Coding Academy Rated A
- Desert Landscape
About This Home
As of March 2021Welcome to the Six on McKinley conveniently located in the easily accessible Downtown Phoenix corridor. Property features include updated kitchen & bath, tile flooring, all block construction, a 3 year old roof, and central A/C. All units separately metered for gas and electric. Ability to add in-suite laundry to increase rents. Cap Rate on current rent estimated at 3.87%, with average rents of $750. ProForma Cap Rate estimated at 6.53%, based on market rents of $950 per unit. Buyer to verify all MLS information, as facts and figures are approximate. Do Not Disturb Tenants. Drive-by only.
Last Agent to Sell the Property
My Home Group Real Estate License #SA687863000 Listed on: 09/01/2020
Co-Listed By
Sophia Willets
Grace CRE License #BR648866000
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,558
Year Built
- Built in 1959
Lot Details
- Fenced
- Desert Landscape
Home Design
- Composition Roof
- Block Exterior
Parking
- 10 Parking Spaces
- 4 Covered Spaces
- Free Parking
- 6 Open Parking Spaces
Schools
- Maurice C. Cash Elementary School
- North High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Separate Meters
- Individual Gas Meter
- Master Water Meter
Listing and Financial Details
- Tenant pays for electricity, gas
- The owner pays for water, sewer, trash collection
- Assessor Parcel Number 121-71-102-B
Community Details
Overview
- 6 Units
- Building Dimensions are 274X75
Building Details
- Operating Expense $13,678
- Gross Income $64,980
- Net Operating Income $52,202
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
Sep 1, 2020
Closed on
Mar 16, 2021
Sold by
Medina Nicholas and Medina Sara M
Bought by
Seller's Agent
Chelsea Barraco
My Home Group Real Estate
Buyer's Agent
Donna Allman
RE/MAX Premier
List Price
$799,900
Sold Price
$750,000
Premium/Discount to List
-$49,900
-6.24%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,723
Avg. Annual Appreciation
5.16%
Original Mortgage
$525,000
Interest Rate
2.73%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jan 11, 2021
Sold by
Ares Group Llc
Bought by
Medina Nicholas and Medina Sara M
Purchase Details
Closed on
Aug 13, 2019
Sold by
Medina Enterprises Llc
Bought by
Ares Group Llc
Purchase Details
Listed on
Jul 27, 2017
Closed on
Aug 24, 2017
Sold by
Rickdee Investments Llc
Bought by
Medina Enterprises Llc
Seller's Agent
Terry Kass
Coldwell Banker Commercial Realty
Buyer's Agent
Sara Medina
HomeSmart Realty
List Price
$385,000
Sold Price
$385,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.01%
Original Mortgage
$281,000
Interest Rate
3.92%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Jul 27, 2017
Closed on
Jul 12, 2017
Sold by
Arizona Behavioral Health Corp
Bought by
Avit1 Llc
Seller's Agent
Terry Kass
Coldwell Banker Commercial Realty
Buyer's Agent
Sara Medina
HomeSmart Realty
List Price
$385,000
Sold Price
$385,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,000
Interest Rate
3.92%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Jul 27, 2017
Closed on
Jul 11, 2017
Sold by
Avit1 Llc
Bought by
Rickdee Investments Llc
Seller's Agent
Terry Kass
Coldwell Banker Commercial Realty
Buyer's Agent
Sara Medina
HomeSmart Realty
List Price
$385,000
Sold Price
$385,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,000
Interest Rate
3.92%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jul 8, 2002
Sold by
Lau Puiyee
Bought by
Arizona Behavioral Health Corp
Purchase Details
Closed on
Aug 29, 2001
Sold by
Tong Fook Hoi and Tong Tip Ning
Bought by
Lau Puiyee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,800
Interest Rate
7.09%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Aug 16, 1999
Sold by
Bohannon Howard W and Bohannon Judith Ann
Bought by
Tong Fook Hoi and Tong Tip Ning
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Central City, AZ
-
George Ponce
-
Lydia Magana
Lydia Magana
RE/MAX Fine Properties
(623) 323-7857
80 Total Sales
2 in Central City
$350K - $430K Price Range
-
Monica Astorga
Monica Astorga
Realty ONE Group
(623) 299-2556
86 Total Sales
1 in Central City
$750,000 Price
-
Lucy Guzman
Lucy Guzman
Century 21 Americana
(623) 323-9620
132 Total Sales
3 in Central City
$352K - $395K Price Range
-
Patty Sapp
Patty Sapp
Russ Lyon Sotheby's International Realty
(480) 573-7790
41 Total Sales
1 in Central City
$900,000 Price
-
Juan Ramirez
Juan Ramirez
HomeSmart
(623) 323-1145
80 Total Sales
1 in Central City
$665,000 Price
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 |
|---|---|---|---|
| $750,000 | Empire West Title Agency Llc | ||
| Medina Nicholas | -- | None Available | |
| Ares Group Llc | -- | None Available | |
| Medina Enterprises Llc | $385,000 | First Arizona Title Agency L | |
| Avit1 Llc | $250,000 | American Title Service Agenc | |
| Rickdee Investments Llc | $294,000 | American Title Service Agenc | |
| Arizona Behavioral Health Corp | $190,000 | Security Title Agency | |
| Arizona Behavioral Health Corp | -- | Security Title Agency | |
| Lau Puiyee | $168,000 | Title Guaranty Agency Arizon | |
| Tong Fook Hoi | $124,500 | Capital 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 | $2,667,500 | ||
| Closed | Value Living Phoenix Llc | $525,000 | |
| Previous Owner | Medina Enterprises Llc | $281,000 | |
| Previous Owner | Rickdee Investments Llc | $235,000 | |
| Previous Owner | Lau Puiyee | $142,800 |
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 |
|---|---|---|---|---|---|
| 03/24/2021 03/24/21 | Sold | $750,000 | -5.7% | $1,170 / Sq Ft | |
| 02/15/2021 02/15/21 | Pending | -- | -- | -- | |
| 02/07/2021 02/07/21 | Price Changed | $795,000 | -0.5% | $1,240 / Sq Ft | |
| 01/18/2021 01/18/21 | Price Changed | $799,000 | -0.1% | $1,246 / Sq Ft | |
| 01/16/2021 01/16/21 | For Sale | $799,900 | 0.0% | $1,248 / Sq Ft | |
| 01/16/2021 01/16/21 | Price Changed | $799,900 | 0.0% | $1,248 / Sq Ft | |
| 10/19/2020 10/19/20 | Price Changed | $799,900 | -4.8% | $1,248 / Sq Ft | |
| 10/01/2020 10/01/20 | For Sale | $840,000 | +12.0% | $1,310 / Sq Ft | |
| 09/15/2020 09/15/20 | Off Market | $750,000 | -- | -- | |
| 09/01/2020 09/01/20 | For Sale | $840,000 | +118.2% | $1,310 / Sq Ft | |
| 09/06/2017 09/06/17 | Sold | $385,000 | 0.0% | $601 / Sq Ft | View Prior Sale |
| 08/03/2017 08/03/17 | Pending | -- | -- | -- | |
| 07/27/2017 07/27/17 | For Sale | $385,000 | -- | $601 / 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 | $2,820 | $20,877 | ||
| 2024 | $2,683 | $19,883 | ||
| 2023 | $2,683 | $88,155 | $17,625 | $70,530 |
| 2022 | $2,577 | $52,665 | $10,530 | $42,135 |
| 2021 | $2,640 | $44,940 | $8,985 | $35,955 |
| 2020 | $2,576 | $45,270 | $9,045 | $36,225 |
| 2019 | $2,558 | $31,455 | $6,285 | $25,170 |
| 2018 | $2,505 | $23,520 | $4,700 | $18,820 |
| 2017 | $0 | $18,020 | $3,600 | $14,420 |
| 2016 | $0 | $12,850 | $2,570 | $10,280 |
| 2015 | -- | $13,920 | $2,780 | $11,140 |
Source: Public Records
Agents Affiliated with this Home
-
Chelsea Barraco
Seller's Agent in 2021
Chelsea Barraco
My Home Group
(518) 888-4360
1 in this area
14 Total Sales
-
SW
Seller Co-Listing Agent in 2021
Sophia Willets
Grace CRE
-
Donna Allman
Buyer's Agent in 2021
Donna Allman
RE/MAX
(480) 340-2808
1 in this area
148 Total Sales
-
Terry Kass
Seller's Agent in 2017
Terry Kass
Coldwell Banker Commercial Realty
(602) 330-2525
20 Total Sales
-
MS
Seller Co-Listing Agent in 2017
Mark Skelpsa
HomeSmart Realty
-
Sara Medina
Buyer's Agent in 2017
Sara Medina
HomeSmart Realty
(602) 614-1844
3 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6125935
APN: 121-71-102B
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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