331 N 13th Place Phoenix, AZ 85006
Garfield NeighborhoodEstimated payment $3,761/month
Highlights
- Wood Flooring
- Cooling Available
- Heat Pump System
- Phoenix Coding Academy Rated A
About This Home
Incredible opportunity to own an income producing home + duplex. The property at 331 N 13th Place features a renovated 2 bed, 1 bath home with updated windows, appliances, a refreshed bathroom, flooring, interior and exterior paint, plus landscaping. It includes a washer, dryer, gas range, and refrigerator, with tenants responsible for all utilities. The adjacent duplex at 1329 E Polk has undergone a complete makeover, with an updated roof, AC, kitchen, bathroom, and windows. Both units offer 1 bedroom/1 bath, separate laundry with newer appliances. This is a fantastic opportunity to invest in the up-and-coming Garfield neighborhood, a hot spot for income properties where you are close to Downtown Phoenix, Footprint Center, Chase Field and vibrant Downtown nightlife and restaurants.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $860
Year Built
- Built in 1906
Home Design
- Brick Exterior Construction
- Wood Frame Construction
- Composition Roof
- Foam Roof
- Stucco
Flooring
- Wood Flooring
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Free Parking
- Paved Parking
- On-Street Parking
Schools
- Garfield Elementary And Middle School
- North High School
Utilities
- Cooling Available
- Heat Pump System
Listing and Financial Details
- Tax Lot 7
- Assessor Parcel Number 116-25-040
Community Details
Overview
- 2 Buildings
- 3 Units
- Building Dimensions are 5000
- Madrona Place Subdivision
Building Details
- Operating Expense $9,874
- Gross Income $47,760
- Net Operating Income $46,860
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 | $922 | $6,491 | -- | -- |
| 2024 | $860 | $6,182 | -- | -- |
| 2023 | $860 | $35,550 | $7,110 | $28,440 |
| 2022 | $829 | $24,550 | $4,910 | $19,640 |
| 2021 | $823 | $20,650 | $4,130 | $16,520 |
| 2020 | $832 | $17,620 | $3,520 | $14,100 |
| 2019 | $831 | $12,010 | $2,400 | $9,610 |
| 2018 | $817 | $9,880 | $1,970 | $7,910 |
| 2017 | $798 | $9,330 | $1,860 | $7,470 |
| 2016 | $775 | $6,670 | $1,330 | $5,340 |
| 2015 | $717 | $5,680 | $1,130 | $4,550 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/25/2025 07/25/25 | Price Changed | $700,000 | -3.4% | -- | |
| 05/02/2025 05/02/25 | Price Changed | $725,000 | -3.3% | -- | |
| 02/13/2025 02/13/25 | For Sale | $750,000 | +44.2% | -- | |
| 11/15/2019 11/15/19 | Sold | $520,000 | -2.8% | $321 / Sq Ft | View Prior Sale |
| 10/07/2019 10/07/19 | Pending | -- | -- | -- | |
| 09/21/2019 09/21/19 | Price Changed | $535,000 | -3.6% | $330 / Sq Ft | |
| 05/08/2019 05/08/19 | Price Changed | $555,000 | -3.5% | $342 / Sq Ft | |
| 04/22/2019 04/22/19 | For Sale | $575,000 | +173.8% | $355 / Sq Ft | |
| 12/29/2017 12/29/17 | Sold | $210,000 | -7.9% | $129 / Sq Ft | View Prior Sale |
| 12/15/2017 12/15/17 | Pending | -- | -- | -- | |
| 12/07/2017 12/07/17 | For Sale | $228,000 | -- | $141 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Fidelity Natl Ttl Agcy Inc | |
| Warranty Deed | $520,000 | Fidelity Natl Ttl Agcy Inc | |
| Warranty Deed | $210,000 | Clear Title Agency Of Arizon | |
| Warranty Deed | $156,000 | Fidelity National Title Agen | |
| Cash Sale Deed | $75,000 | Stewart Title & Trust Phoeni | |
| Warranty Deed | -- | None Available | |
| Cash Sale Deed | $27,500 | Fidelity National Title | |
| Trustee Deed | $44,625 | None Available | |
| Quit Claim Deed | -- | Security Title Agency Inc | |
| Warranty Deed | $149,000 | Capital Title Agency Inc | |
| Warranty Deed | $105,000 | Chicago Title Insurance Co | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $255,000 | New Conventional | |
| Previous Owner | $189,600 | Purchase Money Mortgage | |
| Previous Owner | $119,200 | Commercial | |
| Previous Owner | $85,000 | Seller Take Back | |
| Closed | $22,350 | No Value Available |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6822324
APN: 116-25-040
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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