NOT LISTED FOR SALE

320 W Highland Ave Phoenix, AZ 85013

Uptown Phoenix Neighborhood

Estimated Value: $656,000 - $1,410,515

-- Bed
5 Baths
-- Sq Ft
0.29 Acres

Last Sold August 31, 2020

Last sale price $925,000

Est. 23% increase in value since last sale

Current estimated payment $6,166/month

55 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Individual Controls for Heating
  • Phoenix Coding Academy Rated A

About This Home

As of August 2020

320 W Highland Avenue is a mid-century, block-constructed building built in 1964. It has been completely renovated, top to bottom with premier finishes. Upgrades include added washer / dryers as well as private patios for each unit, new duel-pane windows, doors, flooring, fixtures, bath surrounds, paint, landscaping, and a community dog run. Leased up immediately upon completion of the improvements. The property is individually metered for electricity and has a very desirable unit mix that boasts (4) 2-bed / 1-bath units and (1) 1-bed / 1-bath patio home.

Located in a private and secluded residential neighborhood in the heart of Uptown Phoenix. 320 W Highland Avenue is just a short bike ride away from the Uptown Plaza, the retail center that boasts top tier restaurants

Last Agent to Sell the Property

Mitchell Drake

ABI Multifamily License #SA675761000 Listed on: 05/27/2020

Co-Listed By

Dallin Hammond

ABI Multifamily License #SA677560000

Last Buyer's Agent

Mitchell Drake

ABI Multifamily License #SA675761000 Listed on: 05/27/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,652

Year Built

  • Built in 1946

Lot Details

  • 0.29

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • 14 Open Parking Spaces
  • 14 Parking Spaces

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 12 / 2
  • Assessor Parcel Number 155-35-023

Community Details

Overview

  • 3 Buildings
  • 5 Units
  • Building Dimensions are 12600
  • Pierson Place Subdivision

Building Details

  • Operating Expense $1,652

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,652

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 3
  • Year Built: 1946
  • Tax Year: 2019
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: abim01
  • Co List Office Phone: 602-714-1400
  • Subdivision Name: PIERSON PLACE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Brick Veneer, Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 14.0
  • Total Parking Spaces: 14.0
  • General Property Description:Uncvrd Parking Spcs: 14.0
  • General Property Description:Total Parking Spcs: 14.0
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Other, See Remarks
  • Heating: Individual
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes

Lot Info

  • Lot Size: 12600
  • Additional Parcels: No
  • Parcel #: 155-35-023

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 5
  • Annual Operating Expense: 1652.0

Tax Info

  • Tax Annual Amount: 1652.0
  • Tax Block: 2
  • Tax Book Number: 155.00
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2021
Sold by
Moore David and Moore Alexandra
Bought by
Redwood Real Estate Group Llc
Current Estimated Value
$1,134,505

Purchase Details

Listed on
May 27, 2020
Closed on
Aug 31, 2020
Sold by
320 W Highland Avenue Llc
Bought by
Moore David and Moore Alexandra
Seller's Agent
Mitchell Drake
ABI Multifamily
Buyer's Agent
Mitchell Drake
ABI Multifamily
List Price
$1,010,000
Sold Price
$925,000
Premium/Discount to List
-$85,000
-8.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.49%
Original Mortgage
$658,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 26, 2019
Sold by
Korala Wiran P
Bought by
320 W Highland Avenue Llc

Purchase Details

Listed on
Sep 24, 2018
Closed on
Oct 11, 2018
Sold by
Chmielowiec Adam and Estate Of Antoni Chmielowiec
Bought by
Korala Wiran
Seller's Agent
Gail Smith
Keller Williams Arizona Realty
Buyer's Agent
Gail Smith
Keller Williams Arizona Realty
List Price
$375,000
Sold Price
$430,000
Premium/Discount to List
$55,000
14.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.51%
Original Mortgage
$340,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 2, 2009
Sold by
Hollenbeck James R and Wood And Fire Llc
Bought by
Chmielowiec Antoni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
4.92%
Mortgage Type
Commercial

Purchase Details

Closed on
May 18, 2007
Sold by
Hollenbeck James R
Bought by
Wood & Fire Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 22, 2007
Sold by
Highland 5 Apartments Llc
Bought by
Hollenbeck James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 14, 2005
Sold by
Beck Lesly D
Bought by
Highland 5 Apartments Llc

Purchase Details

Closed on
Sep 23, 1999
Sold by
Persico Charles
Bought by
Beck Lesly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
7.97%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 25, 1999
Sold by
J J C Investments Inc
Bought by
Persico Charles

Purchase Details

Closed on
Oct 10, 1979
Sold by
Powell Fred A and Powell Shirley L
Bought by
Nieman Evon R
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Redwood Real Estate Group Llc -- Thomas Title & Escrow
Moore David $940,000 Thomas Title And Escrow
320 W Highland Avenue Llc -- None Available
Korala Wiran $430,000 Driggs Title Agency Inc
Chmielowiec Antoni $140,000 Lawyers Title Of Arizona Inc
Wood & Fire Llc -- None Available
Hollenbeck James R $325,000 Chicago Title Insurance Co
Highland 5 Apartments Llc $184,000 Security Title Agency Inc
Beck Lesly D $137,500 Capital Title Agency
Persico Charles -- Capital Title Agency
Nieman Evon R -- Pioneer National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moore David $658,000
Previous Owner Korala Wiran $340,000
Previous Owner Chmielowiec Antoni $98,000
Previous Owner Hollenbeck James R $260,000
Previous Owner Beck Lesly D $87,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $925,000 -8.4% --
08/31/2020 08/31/20 For Sale $1,010,000 0.0% --
08/31/2020 08/31/20 Price Changed $1,010,000 0.0% --
05/20/2020 05/20/20 For Sale $1,010,000 +134.9% --
10/25/2018 10/25/18 Sold $430,000 +14.7% --
09/30/2018 09/30/18 Pending -- -- --
09/24/2018 09/24/18 For Sale $375,000 -- --
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 $1,814 $14,452 -- --
2024 $1,752 $13,764 -- --
2023 $1,752 $80,210 $16,040 $64,170
2022 $1,742 $52,050 $10,410 $41,640
2021 $1,772 $47,280 $9,450 $37,830
2020 $1,727 $40,450 $8,090 $32,360
2019 $1,652 $33,310 $6,660 $26,650
2018 $1,597 $28,700 $5,740 $22,960
2017 $1,467 $25,650 $5,130 $20,520
2016 $1,415 $17,980 $3,590 $14,390
2015 $1,315 $12,630 $2,520 $10,110
Source: Public Records

Agents Affiliated with this Home

  • Mitchell Drake

    Seller's Agent in 2020

    Mitchell Drake

    ABI Multifamily

    (602) 714-1400

    29 Total Sales

    Mitchell Drake
    Section Image
  • Dallin Hammond

    Seller Co-Listing Agent in 2020

    Dallin Hammond

    ABI Multifamily

    (602) 714-1400

    37 Total Sales

    Dallin Hammond
    Section Image
  • Gail Smith

    Seller's Agent in 2018

    Gail Smith

    Keller Williams Arizona Realty

    (602) 803-4070

    2 in this area

    45 Total Sales

    Gail Smith
    Section Image

  • m

    Seller Co-Listing Agent in 2018

    melinda murphy

    Keller Williams Arizona Realty

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6083100

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-35-023

Arizona Maricopa County Phoenix 85013 Uptown Phoenix

320 W Highland Ave, Phoenix, AZ

This home is located at 320 W Highland Ave, Phoenix, AZ 85013 since 27 May 2020 and is currently estimated at $1,134,505. This property was built in 1946. 320 W Highland Ave is a home located in Maricopa County with nearby schools including Longview Elementary School, Osborn Middle School, and Central High School.

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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