Seller's Agent in 2024
Tom Palestina
ABI Multifamily
(602) 714-1400
6 in this area
40 Total Sales
325 N 18th Dr Phoenix, AZ 85007
Governmental Mall NeighborhoodEstimated Value: $315,000 - $619,000
Studio
1
Bath
1,012
Sq Ft
$482/Sq Ft
Est. Value
Highlights
- Cooling Available
- Vinyl Flooring
- Heating Available
- Phoenix Coding Academy Rated A
About This Home
As of November 20244 Units, 2 Buildings on One Parcel, Built in 1926 & Renovated in 2024. Garden Style Property With a Unit Mix That Consists of (3) 1-Bed / 1-Bath Units & (1) 2-Bed / 1-Bath Unit.Each Unit Features a Fully Upgraded Interior With White or Black Quartz Countertops, Luxury Vinyl-Plank Flooring, Subway Tile Showers, Stainless Steel Appliance Package, & In-Suite Washer / Dryer in Every Unit. Exterior Upgrades Include New Paint & Stucco, 3 New AC Units, & Private Backyard Areas for Each unit. Located in the Rapidly Growing Oakland Historic District, Which Provides Easy Access to Downtown Phoenix's Vibrant Cultural Scene, Dining Hotspots, & Entertainment Options
Last Agent to Sell the Property
ABI Multifamily License #SA688331000 Listed on: 09/20/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,453
Year Built
- Built in 1926
Lot Details
- 8,712
Home Design
- Composition Roof
- Block Exterior
Flooring
- Vinyl Flooring
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- On-Street Parking
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- The owner pays for gas, electricity, trash collection, water, sewer
- Tax Lot 8
- Assessor Parcel Number 111-24-017
Community Details
Overview
- 2 Buildings
- 4 Units
- Building Dimensions are 8,700
- Oakland Subdivision
Building Details
- Operating Expense $1,453
- Gross Income $35,366
- Net Operating Income $47,719
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
Sep 20, 2024
Closed on
Nov 5, 2024
Sold by
Bought by
Seller's Agent
Tom Palestina
ABI Multifamily
Buyer's Agent
Ari Jakobov
eXp Realty
List Price
$675,000
Sold Price
$682,000
Premium/Discount to List
$7,000
1.04%
Views
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$194,624
Avg. Annual Appreciation
-18.94%
Original Mortgage
$669,647
Outstanding Balance
$662,981
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
-$175,605
Purchase Details
Closed on
Sep 4, 2024
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6.78%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 22, 2023
Closed on
Jan 23, 2024
Sold by
Bought by
Seller's Agent
Victor Vidales
RE/MAX Desert Showcase
Buyer's Agent
Makayla Syverson
Catalyst Realty LLC
List Price
$493,000
Sold Price
$340,000
Premium/Discount to List
-$153,000
-31.03%
Views
212
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.12%
Purchase Details
Closed on
Mar 14, 2019
Sold by
Bought by
Purchase Details
Closed on
Jan 31, 2017
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $682,000 | Navi Title Agency | ||
| $682,000 | Navi Title Agency | ||
| -- | Standard Title | ||
| $365,000 | First American Title Insurance | ||
| $350,000 | American Title Service Agency | ||
| $340,000 | American Title Service Agency | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available |
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 | $669,647 | ||
| Closed | $669,647 | ||
| 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 |
|---|---|---|---|---|---|
| 11/15/2024 11/15/24 | Sold | $682,000 | +1.0% | $674 / Sq Ft | |
| 09/20/2024 09/20/24 | For Sale | $675,000 | +98.5% | $667 / Sq Ft | |
| 01/23/2024 01/23/24 | Sold | $340,000 | -19.0% | $184 / Sq Ft | View Prior Sale |
| 01/01/2024 01/01/24 | Pending | -- | -- | -- | |
| 12/29/2023 12/29/23 | Price Changed | $420,000 | -6.5% | $228 / Sq Ft | |
| 12/15/2023 12/15/23 | Price Changed | $449,000 | -5.1% | $243 / Sq Ft | |
| 12/03/2023 12/03/23 | Price Changed | $473,000 | -4.1% | $256 / Sq Ft | |
| 11/22/2023 11/22/23 | For Sale | $493,000 | -- | $267 / 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 | $1,564 | $12,370 | -- | -- |
| 2024 | $1,453 | $11,781 | -- | -- |
| 2023 | $1,453 | $30,620 | $6,120 | $24,500 |
| 2022 | $1,397 | $24,250 | $4,850 | $19,400 |
| 2021 | $1,398 | $21,160 | $4,230 | $16,930 |
| 2020 | $1,418 | $17,710 | $3,540 | $14,170 |
| 2019 | $1,418 | $12,820 | $2,560 | $10,260 |
| 2018 | $266 | $9,560 | $1,910 | $7,650 |
| 2017 | $256 | $6,720 | $1,340 | $5,380 |
| 2016 | -- | $5,810 | $1,160 | $4,650 |
| 2015 | -- | $5,450 | $1,090 | $4,360 |
Source: Public Records
Agents Affiliated with this Home
-
Tom Palestina
-
Victor Vidales
Seller's Agent in 2024
Victor Vidales
RE/MAX
(602) 617-8293
1 in this area
69 Total Sales
-
Andrew Arambula
Seller Co-Listing Agent in 2024
Andrew Arambula
ABI Multifamily
(602) 513-5200
4 in this area
58 Total Sales
-
Florentina Vidales
Seller Co-Listing Agent in 2024
Florentina Vidales
RE/MAX
(602) 799-0428
1 in this area
45 Total Sales
-
Ari Jakobov
Buyer's Agent in 2024
Ari Jakobov
eXp Realty
(888) 897-7821
1 in this area
237 Total Sales
-
M
Buyer's Agent in 2024
Makayla Syverson
Catalyst Realty LLC
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6760282
APN: 111-24-017
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.
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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