NOT LISTED FOR SALE
1 Bed
13 Baths
-- Sq Ft
1940 Built

Sale Details

Date Sold: October 3, 2025

Last sale price $780,000

147 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • Window Unit Heating System

About This Home

As of October 2025

This opportunity consists of 14 bank-owned studio units located near the southeast corner of 32nd St and E Van Buren St. The units are currently partially renovated some with new gas ranges, new tile flooring, new window unit A/C systems, and new shaker cabinets, though many have yet to be installed. Utilities, gas, and electric are all master-metered. This is an excellent opportunity for an investor to complete the ongoing renovations and transform this REO asset into a thriving housing community.

Last Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 03/12/2025

Co-Listed By

Jake Vice

R.O.I. Properties License #SA697209000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $918

Year Built

  • Built in 1940

Home Design

  • Wood Frame Construction
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Window Unit Heating System

Listing and Financial Details

  • The owner pays for gas, electricity, trash collection, water, sewer
  • Tax Lot 10
  • Assessor Parcel Number 121-18-010

Community Details

Overview

  • 14 Units
  • Building Dimensions are 151.29 x 42.46
  • Acre City Subdivision

Building Details

  • Operating Expense $918

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$918

Year Built

Built in 1940

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 32nd st & Van Buren
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: C-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1940
  • Tax Year: 2024
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Subdivision Name: ACRE CITY
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Other, See Remarks
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Other

Garage/Parking

  • Parking Features: <1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0

Utilities

  • Electric: APS
  • Cooling: Window/Wall Unit
  • Heating: Window/Wall Unit(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:WindowWall Unit(s): Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, No Pool

Association/Amenities

  • Exterior Amenities:Other (See Remarks)58: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 151.29 x 42.46
  • Additional Parcels: No
  • Parcel #: 121-18-010

Multi Family

  • Owner Pays: Other, Gas, Electricity, Trash Collection, Water, Sewer
  • Number Of Units Total: 14
  • Annual Operating Expense: 918.0

Tax Info

  • Tax Annual Amount: 918.0
  • Tax Book Number: 121.00
  • Tax Lot: 10

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
Mar 12, 2025
Closed on
Sep 26, 2025
Sold by
Bought by
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1
Sold Price
$780,000
Premium/Discount to List
$779,999
77999900%
Views
202

Purchase Details

Closed on
Mar 7, 2025
Sold by
Bought by

Purchase Details

Listed on
Mar 5, 2021
Closed on
Jul 8, 2021
Sold by
Bought by
Seller's Agent
Jay Haugen
RE/MAX Excalibur
Buyer's Agent
Chad Vice
HomeSmart
List Price
$590,000
Sold Price
$627,000
Premium/Discount to List
$37,000
6.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
2.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 29, 2004
Sold by
Bought by

Purchase Details

Closed on
Feb 4, 2004
Sold by
Bought by

Purchase Details

Closed on
Apr 1, 2003
Sold by
Bought by

Purchase Details

Closed on
Jul 8, 1998
Sold by
Bought by

Purchase Details

Closed on
Nov 17, 1982
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$780,000 Pioneer Title Agency
$1,024,727 None Listed On Document
$627,000 Lawyers Title Of Arizona Inc
-- --
-- --
$120,000 American Title Ins Agency Az
-- --
-- --
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
Previous Owner $75,000
Previous Owner $950,000
Previous Owner --
Previous Owner $100,000
Previous Owner $540,000
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 Prior Sale
10/03/2025 10/03/25 Sold $780,000 +77999900.0% --
08/06/2025 08/06/25 Pending -- -- --
06/19/2025 06/19/25 Price Changed $1 0.0% --
06/19/2025 06/19/25 For Sale $1 -100.0% --
06/13/2025 06/13/25 Off Market $780,000 -- --
06/13/2025 06/13/25 For Sale $1,372,000 0.0% --
04/12/2025 04/12/25 Pending -- -- --
03/12/2025 03/12/25 For Sale $1,372,000 +118.8% --
07/15/2021 07/15/21 Sold $627,000 +6.3% -- View Prior Sale
07/08/2021 07/08/21 Price Changed $590,000 0.0% --
06/22/2021 06/22/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $590,000 -- --
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 $976 $7,645
2024 $910 $7,281
2023 $910 $47,380 $9,470 $37,910
2022 $877 $34,730 $6,940 $27,790
2021 $891 $27,810 $5,560 $22,250
2020 $875 $22,560 $4,510 $18,050
2019 $872 $18,080 $3,610 $14,470
2018 $821 $16,230 $3,240 $12,990
2017 $786 $14,270 $2,850 $11,420
2016 $769 $11,120 $2,220 $8,900
2015 $722 $8,520 $1,700 $6,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6837314

Arizona Regional Multiple Listing Service (ARMLS)
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