315 E Carol Ave Phoenix, AZ 85020
North Central NeighborhoodEstimated payment $2,898/month
Highlights
- Ceramic Tile Flooring
- Two cooling system units
- Fenced
- Sunnyslope High School Rated A
- Central Heating and Cooling System
- Desert Landscape
About This Home
100% occupied, turnkey rental. Rents are $4,400 per month with RUBS for utilities included for a yearly gross of $52,800. Appraisal completed at $540,000. Professionally managed with 1 year leases and security deposits in place. Newly renovated with a new roofing system, exterior and interior paint, new water heaters and plumbing fixtures, new white shaker cabinets, baseboards and trim, stainless steel GE appliances, R-38 insulation, 20 mm vinyl flooring, vinyl windows, and updated heating and cooling. There are 2 buildings with a 1 bedroom 1 bath unit and two 2 bedroom 1 bath units in the rear.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $428
Year Built
- Built in 1940
Lot Details
- Fenced
- Desert Landscape
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Flooring
- Ceramic Tile Flooring
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Parking Available
- Off-Street Parking
Schools
- Sunnyslope Elementary School
- Sunnyslope High School
Utilities
- Two cooling system units
- Central Heating and Cooling System
- Air Source Heat Pump
- Heating System Uses Natural Gas
- Master Meter
- Individual Gas Meter
- Master Water Meter
Listing and Financial Details
- The owner pays for water, sewer, electricity, gas, trash collection
- Tax Lot 1
- Assessor Parcel Number 159-45-086
Community Details
Overview
- 2 Buildings
- 3 Units
- Building Dimensions are 55 x136
- Tengen Place Addition Subdivision
Building Details
- Operating Expense $8,978
- Gross Income $52,800
- Net Operating Income $43,822
Map
Home Values in the Area
Average Home Value in this Area
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 | $445 | $3,499 | -- | -- |
| 2024 | $420 | $3,333 | -- | -- |
| 2023 | $420 | $24,520 | $4,900 | $19,620 |
| 2022 | $407 | $16,120 | $3,220 | $12,900 |
| 2021 | $412 | $11,630 | $2,320 | $9,310 |
| 2020 | $401 | $9,580 | $1,910 | $7,670 |
| 2019 | $394 | $7,050 | $1,410 | $5,640 |
| 2018 | $384 | $5,080 | $1,010 | $4,070 |
| 2017 | $382 | $5,830 | $1,160 | $4,670 |
| 2016 | $375 | $5,330 | $1,060 | $4,270 |
| 2015 | $347 | $4,030 | $800 | $3,230 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/12/2026 04/12/26 | Pending | -- | -- | -- | |
| 03/25/2026 03/25/26 | For Sale | $539,900 | +66.1% | -- | |
| 08/04/2025 08/04/25 | Sold | $325,000 | -9.7% | $182 / Sq Ft | View Prior Sale |
| 07/23/2025 07/23/25 | Pending | -- | -- | -- | |
| 07/17/2025 07/17/25 | For Sale | $359,900 | 0.0% | $202 / Sq Ft | |
| 07/09/2025 07/09/25 | Pending | -- | -- | -- | |
| 06/12/2025 06/12/25 | Price Changed | $359,900 | -1.4% | $202 / Sq Ft | |
| 05/07/2025 05/07/25 | Price Changed | $364,900 | -1.4% | $205 / Sq Ft | |
| 04/28/2025 04/28/25 | For Sale | $369,900 | 0.0% | $208 / Sq Ft | |
| 04/21/2025 04/21/25 | Pending | -- | -- | -- | |
| 02/25/2025 02/25/25 | For Sale | $369,900 | +193.6% | $208 / Sq Ft | |
| 06/03/2019 06/03/19 | Sold | $126,000 | -6.7% | $71 / Sq Ft | View Prior Sale |
| 04/25/2019 04/25/19 | For Sale | $135,000 | +172.7% | $76 / Sq Ft | |
| 10/09/2012 10/09/12 | Sold | $49,500 | 0.0% | $28 / Sq Ft | View Prior Sale |
| 09/20/2012 09/20/12 | Pending | -- | -- | -- | |
| 09/12/2012 09/12/12 | For Sale | $49,500 | 0.0% | $28 / Sq Ft | |
| 09/04/2012 09/04/12 | Pending | -- | -- | -- | |
| 09/02/2012 09/02/12 | For Sale | $49,500 | -- | $28 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $325,000 | Servicelink | |
| Trustee Deed | $2,715,000 | None Listed On Document | |
| Warranty Deed | -- | Pioneer Title | |
| Warranty Deed | $226,000 | Magnus Title Agency | |
| Warranty Deed | $126,000 | Title Alliance Professionals | |
| Warranty Deed | -- | Accommodation | |
| Cash Sale Deed | $49,500 | Driggs Title Agency Inc | |
| Cash Sale Deed | $25,000 | The Talon Group Baseline | |
| Trustee Deed | $151,325 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $165,000 | Capital Title Agency Inc | |
| Warranty Deed | $132,000 | Fidelity National Title | |
| Warranty Deed | $132,000 | Fidelity National Title | |
| Warranty Deed | $58,000 | Fidelity National Title | |
| Warranty Deed | $58,000 | Fidelity National Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $325,000 | New Conventional | |
| Previous Owner | $2,647,710 | New Conventional | |
| Previous Owner | $235,000 | No Value Available | |
| Previous Owner | $132,000 | Commercial | |
| Previous Owner | $13,200 | Credit Line Revolving | |
| Previous Owner | $105,600 | Commercial | |
| Previous Owner | $13,200 | Credit Line Revolving | |
| Previous Owner | $52,200 | Commercial | |
| Closed | $16,500 | No Value Available |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7004013
APN: 159-45-086
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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Ask me questions while you tour the home.