NOT LISTED FOR SALE

3101 W Madison St Phoenix, AZ 85009

Estrella Village Neighborhood

Estimated Value: $457,000 - $578,000

Studio
-- Bath
3,404 Sq Ft
$144/Sq Ft Est. Value

Sale Details

Date Sold: February 20, 2025

Last sale price $485,000 $142 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,779 / mo

15 Days on Market

Highlights

  • Evaporated cooling system
  • Carpet
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of February 2025

4-plex. All units are occupied, The Tenants have been living there for a long time.
The property is located within a close proximity to I-10 and I-17 Fwys.

Last Agent to Sell the Property

Ruben Lopez

ProSmart Realty License #SA034530000 Listed on: 01/10/2025

ProSmart Realty

Last Buyer's Agent

Mariela Elenes

EMG Real Estate License #SA691160000

EMG Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,102

Year Built

  • Built in 1986

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Vinyl

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Utilities

  • Evaporated cooling system
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water
  • Tax Lot 1
  • Assessor Parcel Number 109-40-061

Community Details

Overview

  • 4 Units
  • Building Dimensions are Unknown
  • Prosperity Park Subdivision

Building Details

  • Operating Expense $1,102
  • Gross Income $37,620
  • Net Operating Income $34,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,102

Year Built

Built in 1986

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 31st Ave & Van Buren ST
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: Unknown
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Subdivision Name: PROSPERITY PARK
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Built-In Range, Refrigerator
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: <1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0

Utilities

  • Electric: APS
  • Cooling: Evaporative Cooling
  • Heating: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: See Remarks

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: Unknown
  • Additional Parcels: No
  • Parcel #: 109-40-061

Multi Family

  • Owner Pays: Trash Collection, Water
  • Number Of Units Total: 4
  • Annual Gross Income: 37620.0
  • Property Net Operating Income: 34800.0
  • Annual Operating Expense: 1102.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1102.0
  • Tax Book Number: 109.00
  • 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
Jan 10, 2025
Closed on
Feb 12, 2025
Sold by
Bought by
Seller's Agent
Ruben Lopez
ProSmart Realty
Buyer's Agent
Mariela Elenes
EMG Real Estate
List Price
$485,000
Sold Price
$485,000
Views
19
Current Estimated Value
$489,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,648
Avg. Annual Appreciation
0.66%
Original Mortgage
$388,000
Interest Rate
0.0704%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2020
Sold by
Bought by

Purchase Details

Closed on
Jun 10, 1995
Sold by
Bought by

Purchase Details

Closed on
Apr 19, 1995
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
$485,000 Standard Title
$17,592 None Available
$18,000 Lawyers Title
-- --
-- --
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 $388,000
Previous Owner $165,750
Previous Owner $105,000
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
02/20/2025 02/20/25 Sold $485,000 0.0% $142 / Sq Ft
01/25/2025 01/25/25 Pending -- -- --
01/22/2025 01/22/25 For Sale $485,000 0.0% $142 / Sq Ft
01/14/2025 01/14/25 Pending -- -- --
01/10/2025 01/10/25 For Sale $485,000 -- $142 / 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 $1,093 $8,735
2024 $1,048 $8,319
2023 $1,048 $40,400 $8,080 $32,320
2022 $1,005 $27,180 $5,430 $21,750
2021 $1,065 $23,260 $4,650 $18,610
2020 $1,029 $19,750 $3,950 $15,800
2019 $1,018 $17,110 $3,420 $13,690
2018 $997 $13,880 $2,770 $11,110
2017 $958 $13,270 $2,650 $10,620
2016 $972 $10,300 $2,060 $8,240
2015 $906 $8,780 $1,750 $7,030
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2025

    Ruben Lopez

    ProSmart Realty

    (480) 383-3007

    2 in this area

    5 Total Sales

    Ruben Lopez
    Section Image
  • Mariela Elenes

    Buyer's Agent in 2025

    Mariela Elenes

    EMG Real Estate

    (480) 721-2382

    26 in this area

    209 Total Sales

    Mariela Elenes
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6803154

Arizona Regional Multiple Listing Service (ARMLS)

APN: 109-40-061

Arizona Maricopa County Phoenix 85009 Estrella Village

3101 W Madison 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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