NOT LISTED FOR SALE

Estimated Value: $295,000 - $356,864

-- Bed
2 Baths
984 Sq Ft
$335/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $342,000 $348 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,925/month

43 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Concrete Flooring
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of July 2022

Multiple Dwellings at North 19th Avenue and West Van Buren Street off of Black Canyon Freeway (I-17)! #1 is a 2 bed. #2 is a one bed. #3 is a separate detached studio casita. All three units have tile flooring throughout! Units #2 and #3 include a stove, and a refrigerator! Wall A/C Units. Tenants pay a share of Water/Sewer/Trash. Tenants pay electric. Property is conveniently located close to the Arizona Capitol Museum, Downtown Phoenix, and other food/shopping areas!

Last Listed By

Jennie Miller PLLC

Market Edge Realty, LLC License #BR638404000 Listed on: 05/21/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $443

Year Built

  • Built in 1916

Lot Details

  • 5,706

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Concrete Flooring

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Schools

  • Capitol Elementary School
  • Carl Hayden High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for water, cable TV
  • The owner pays for trash collection, water, landscaping
  • Tax Lot 097
  • Assessor Parcel Number 109-30-097

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 5705

Building Details

  • Operating Expense $2,443
  • Gross Income $33,228
  • Net Operating Income $31,121

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$443

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Cross Street: N 19TH AVE/ W VAN BUREN ST
  • Property Type: Multiple Dwellings
  • Zoning: Multi family
  • Number Of Buildings: 2
  • Year Built: 1916
  • Tax Year: 2018
  • Directions: Off the I-17, exit on Van Buren St, Use the left 2 lanes to turn left at W Van Buren St, Turn left onto N 20th Ave. Destination will be on the left
  • Road Surface Type: Gravel, Dirt
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:Refrigerator: Yes

Exterior Features

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

Garage/Parking

  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 3.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking:None30: Yes

Utilities

  • Electric: SRP
  • Cooling: Heat Pump, Wall/Window Unit(s)
  • 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:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: Capitol Elementary School
  • High School: Carl Hayden High School
  • Middle Or Junior School: Capitol Elementary School

Lot Info

  • Lot Size: 5705
  • Additional Parcels: No
  • Parcel #: 109-30-097

Multi Family

  • Owner Pays: Trash Collection, Water, Landscaping
  • Tenant Pays: Water, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 33228.36
  • Insurance Expense: 500.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 31121.0
  • Annual Operating Expense: 2443.0
  • Vacancy Allowance Rate: 0.01

Tax Info

  • Tax Annual Amount: 443.0
  • Tax Book Number: 109.00
  • Tax Lot: 097

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2022
Closed on
Jul 11, 2022
Sold by
Coyote Land Co Llc
Bought by
Thune Brian and Thune Suzanne
Seller's Agent
Jennie Miller PLLC
Market Edge Realty, LLC
Buyer's Agent
Patrick Halpine
My Home Group Real Estate
List Price
$359,900
Sold Price
$342,000
Premium/Discount to List
-$17,900
-4.97%
Total Days on Market
43
Current Estimated Value
$329,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,284
Avg. Annual Appreciation
-1.29%

Purchase Details

Closed on
May 22, 2017
Sold by
Cabanyog Louis L and Cabanyog Vicki B
Bought by
Coyote Land Co Llc

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Thune Brian $350,000 Fidelity National Title
Coyote Land Co Llc $55,000 North American Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $342,000 -5.0% $348 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $359,900 0.0% $366 / Sq Ft
06/16/2022 06/16/22 Pending -- -- --
05/31/2022 05/31/22 Price Changed $359,900 -14.3% $366 / Sq Ft
05/25/2022 05/25/22 Price Changed $419,900 -8.7% $427 / Sq Ft
05/19/2022 05/19/22 For Sale $459,900 -- $467 / 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 $1,169 $8,742 -- --
2024 $1,158 $8,326 -- --
2023 $1,158 $19,160 $3,830 $15,330
2022 $1,117 $12,230 $2,440 $9,790
2021 $1,108 $13,080 $2,610 $10,470
2020 $1,121 $8,270 $1,650 $6,620
2019 $1,119 $9,060 $1,810 $7,250
2018 $443 $7,750 $1,550 $6,200
2017 $343 $4,880 $970 $3,910
2016 $377 $4,160 $830 $3,330
2015 $349 $3,350 $670 $2,680
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6403663

Arizona Regional Multiple Listing Service (ARMLS)

APN: 109-30-097