$520,000
SOLD NOV 15, 2019
-- Bed
-- Bath
1,622 Sq Ft
1906 Built

Recently Sold

$321 Per Sq Ft

10% Below List Price

168 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of November 2019

Incredible unique triplex properties. The corner house at 331 N 13th place 2 bedroom 1 bath is remodeled w/ new windows, appliances, bathroom, flooring paint inside and out plus new landscaping. Includes, washer & dryer, gas over/stove and refrigerator. Tenant pays all utilities. The duplex next door at 1329 E Polk are completely remodeled, new roof, new AC, Kitchen, bath and windows. Both have separate washer and dryer space, new appliances stove, refrigerator, dishwasher and garbage disposal. Landlord pays water/sewer & Trash. Be a part of the hottest area for income properties and part of the gentrification of the Garfield neighborhood. Listing agent has a equity position in the property.

Last Agent to Sell the Property

Mike Snitz

Realty ONE Group License #SA651575000 Listed on: 04/22/2019

Last Buyer's Agent

Torrey Daniels

eXp Realty License #SA679081000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $817

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

Schools

  • Garfield Elementary And Middle School
  • North High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 7
  • Assessor Parcel Number 116-25-040

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 0
  • Madrona Place Subdivision

Building Details

  • Operating Expense $2,417
  • Gross Income $42,600
  • Net Operating Income $41,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$817

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Cross Street: 12th Street & Fillmore
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 2
  • Year Built: 1906
  • Tax Year: 2018
  • Directions: 12th Street & Fillmore south to Polk Street ... properties are at the SW corner of 13th Place and Polk
  • Road Surface Type: Asphalt
  • Subdivision Name: MADRONA PLACE
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Brick, Frame - Wood
  • Roof: See Remarks, Composition, Foam
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Heat Pump, Electric
  • 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:Landscape Wtr System: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Annual Water Sewer Expense: 1200.0

Schools

  • Elementary School: Garfield School
  • High School: North High School
  • Middle Or Junior School: Garfield School

Lot Info

  • Lot Size: 0
  • Additional Parcels: No
  • Parcel #: 116-25-040

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: None
  • Number Of Units Total: 3
  • Annual Gross Income: 42600.0
  • Property Net Operating Income: 41000.0
  • Annual Operating Expense: 2416.78

Tax Info

  • Tax Annual Amount: 816.78
  • Tax Book Number: 116.00
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2019
Closed on
Jan 3, 2020
Sold by
Dahlheim Nicole D
Bought by
Budd Holdings Llc
Seller's Agent
Mike Snitz
Realty ONE Group
Buyer's Agent
Torrey Daniels
eXp Realty
List Price
$575,000
Sold Price
$520,000
Premium/Discount to List
-$55,000
-9.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
Original Mortgage
$255,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2019
Closed on
Nov 7, 2019
Sold by
Dahlheim Ryan M
Bought by
Dahlheim Nicole D
Seller's Agent
Mike Snitz
Realty ONE Group
Buyer's Agent
Torrey Daniels
eXp Realty
List Price
$575,000
Sold Price
$520,000
Premium/Discount to List
-$55,000
-9.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2019
Closed on
Nov 6, 2019
Sold by
331 North Thireteenth Llc
Bought by
Dahlheim Nicole D
Seller's Agent
Mike Snitz
Realty ONE Group
Buyer's Agent
Torrey Daniels
eXp Realty
List Price
$575,000
Sold Price
$520,000
Premium/Discount to List
-$55,000
-9.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 7, 2017
Closed on
Dec 28, 2017
Sold by
Im In Mud Llc
Bought by
331 N 13Th Llc
Seller's Agent
Joe Best
Gentry Real Estate
Buyer's Agent
Mike Snitz
Realty ONE Group
List Price
$228,000
Sold Price
$210,000
Premium/Discount to List
-$18,000
-7.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.98%
Original Mortgage
$189,600
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 7, 2017
Closed on
Nov 27, 2017
Sold by
Pfeiffer Joseph P and Pfeiffer Sharon K
Bought by
I M In Mud Llc
Seller's Agent
Joe Best
Gentry Real Estate
Buyer's Agent
Mike Snitz
Realty ONE Group
List Price
$228,000
Sold Price
$210,000
Premium/Discount to List
-$18,000
-7.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,600
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2015
Sold by
Pro Homes Rentals Llc
Bought by
Pfeiffer Joseph P and Pfeiffer Sharon K

Purchase Details

Closed on
Jul 8, 2011
Sold by
Pro Homes Llc
Bought by
Pro Homes Rentals Llc

Purchase Details

Closed on
Jan 23, 2011
Sold by
The Bank Of New York Mellon
Bought by
Pro Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 6, 2010
Sold by
Briggs Mark and Briggs Wendy
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Mar 16, 2007
Sold by
Briggs Mark and Briggs Wendy
Bought by
Wemato #1 Llc

Purchase Details

Closed on
Aug 4, 2005
Sold by
Singh Amar and Kaur Surjit
Bought by
Briggs Mark and Briggs Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,200
Interest Rate
5.56%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 10, 2005
Sold by
Revocabl Quihuis Robert Garcia and Revocabl Robert Garcia Quihuis
Bought by
Singh Amar and Kaur Surjit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.67%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 22, 2003
Sold by
Quihuis Robert Garcia
Bought by
Revocabl Quihuis Robert Garcia and Revocabl Robert Garcia Quihuis
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $255,000 New Conventional
Previous Owner $189,600 Purchase Money Mortgage
Previous Owner $50,000 Commercial
Previous Owner $119,200 Commercial
Previous Owner $85,000 Seller Take Back
Closed $22,350 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
12/15/2017 12/15/17 Pending -- -- --
12/07/2017 12/07/17 For Sale $228,000 -- $141 / 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 $868 $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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5915038

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-25-040