Seller's Agent in 2024
David Mendoza
EMG Real Estate
(480) 886-0898
4 in this area
24 Total Sales
309 W Mohave St Phoenix, AZ 85003
Central City NeighborhoodEstimated Value: $403,027
Studio
4
Baths
1,790
Sq Ft
$225/Sq Ft
Est. Value
Highlights
- Ceramic Tile Flooring
- Central Air
- Heating System Uses Natural Gas
- Phoenix Coding Academy Rated A
About This Home
As of March 2024if you were looking to start investing or adding a multifamily to your portfolio this would be it. Three different buildings front and middle are two bed one bath, back unit is one bed one bath. front unit and back unit are on a lease, middle unit tenants are month to month.
Last Agent to Sell the Property
EMG Real Estate License #SA663609000 Listed on: 09/15/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,305
Year Built
- Built in 1954
Lot Details
- 7,013
Home Design
- Wood Frame Construction
- Composition Roof
- Block Exterior
- Stucco
Flooring
- Ceramic Tile
- Vinyl
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
Schools
- Silvestre S Herrera Elementary And Middle School
- Central High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Master Water Meter
Listing and Financial Details
- The owner pays for water, sewer
- Legal Lot and Block 5 / 6
- Assessor Parcel Number 112-38-035
Community Details
Overview
- 3 Buildings
- 3 Units
- Building Dimensions are 50 x 140
- Hampton Place Subdivision
Building Details
- Operating Expense $5,269
- Gross Income $43,320
- Net Operating Income $41,612
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 15, 2023
Closed on
Mar 21, 2024
Sold by
Martinez Sinai
Bought by
United Business Invest Inc
Seller's Agent
David Mendoza
EMG Real Estate
Buyer's Agent
Rick Horst
Keller Williams Arizona Realty
List Price
$475,000
Sold Price
$440,000
Premium/Discount to List
-$35,000
-7.37%
Views
41
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
-$36,973
Avg. Annual Appreciation
-4.49%
Purchase Details
Listed on
May 14, 2021
Closed on
Dec 27, 2021
Sold by
Martinez Gabrial and Martinez Sinai
Bought by
Martinez Sinai
Seller's Agent
Isaac Nieblas
InHouseVIP
Buyer's Agent
David Mendoza
EMG Real Estate
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.92%
Original Mortgage
$230,000
Interest Rate
3.11%
Mortgage Type
Construction
Purchase Details
Closed on
Aug 10, 2006
Sold by
301 W Mohave Llc
Bought by
Ramirez Basilio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
6.7%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Feb 17, 2006
Sold by
Gross David W
Bought by
301 W Mohave Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| United Business Invest Inc | $420,000 | Pioneer Title Agency | |
| Martinez Sinai | -- | Security Title Agency Inc | |
| Martinez Sinai | $300,000 | Security Title Agency Inc | |
| Ramirez Basilio | $140,000 | Capital Title Agency Inc | |
| 301 W Mohave Llc | $400,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Martinez Sinai | $230,000 | |
| Previous Owner | Ramirez Basilio | $126,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/21/2024 03/21/24 | Sold | $440,000 | -7.4% | $246 / Sq Ft | |
| 09/15/2023 09/15/23 | For Sale | $475,000 | +58.3% | $265 / Sq Ft | |
| 01/04/2022 01/04/22 | Sold | $300,000 | 0.0% | $168 / Sq Ft | View Prior Sale |
| 11/18/2021 11/18/21 | Pending | -- | -- | -- | |
| 11/07/2021 11/07/21 | Pending | -- | -- | -- | |
| 11/01/2021 11/01/21 | Price Changed | $300,000 | -14.3% | $168 / Sq Ft | |
| 08/25/2021 08/25/21 | Price Changed | $349,900 | 0.0% | $195 / Sq Ft | |
| 07/29/2021 07/29/21 | For Sale | $350,000 | 0.0% | $196 / Sq Ft | |
| 07/14/2021 07/14/21 | Pending | -- | -- | -- | |
| 05/14/2021 05/14/21 | For Sale | $350,000 | -- | $196 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $1,403 | $9,874 | -- | -- |
| 2024 | $1,336 | $9,506 | -- | -- |
| 2023 | $1,336 | $14,240 | $7,226 | $7,014 |
| 2022 | $1,305 | $11,792 | $5,320 | $6,472 |
| 2021 | $1,306 | $11,736 | $5,376 | $6,360 |
| 2020 | $1,321 | $11,088 | $4,692 | $6,396 |
| 2019 | $1,319 | $8,616 | $2,520 | $6,096 |
| 2018 | $1,296 | $8,400 | $2,184 | $6,216 |
| 2017 | $1,266 | $8,892 | $2,280 | $6,612 |
| 2016 | $1,230 | $8,208 | $2,124 | $6,084 |
| 2015 | $1,148 | $6,791 | $2,086 | $4,705 |
Source: Public Records
Agents Affiliated with this Home
-
David Mendoza
-
Rick Horst
Buyer's Agent in 2024
Rick Horst
Keller Williams Arizona Realty
(480) 767-3014
4 in this area
32 Total Sales
-
Isaac Nieblas
Seller's Agent in 2022
Isaac Nieblas
InHouseVIP
(602) 403-2222
6 in this area
37 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6605599
APN: 112-38-035
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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