NOT LISTED FOR SALE

Estimated Value: $384,901 - $418,000

Studio
-- Bath
1,646 Sq Ft
$244/Sq Ft Est. Value

Last Sold June 30, 2025

Last sale price $400,000 $243 Per Sq Ft

Current estimated payment $2,181/month

52 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of June 2025

Fantastic investment opportunity in Phoenix! This duplex features two units, each offering 823 sq. ft. with 3 bedrooms and 1 bath, providing great rental potential. Situated on a generous 8,111 sq. ft. lot with R-5 zoning, the property offers the flexibility for future development or expansion. Whether you're an investor looking to add to your portfolio or seeking a property with income potential, this duplex is a rare find. Conveniently located near schools, shopping, and transportation. Don't miss out on this versatile and promising property!

Last Agent to Sell the Property

James Diller

Real Broker License #BR681830000 Listed on: 02/24/2025

Real Broker

Last Buyer's Agent

Jessica Sanchez

FIV Realty Co License #SA686177000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $970

Year Built

  • Built in 2008

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 6 Open Parking Spaces
  • 8 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 109-39-030-E

Community Details

Overview

  • 2 Units
  • Building Dimensions are 60 x 136
  • Wormsers Addition Block 1 Subdivision

Building Details

  • Operating Expense $970

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$970

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Cross Street: S 35th Ave & W Harrison St
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2008
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Subdivision Name: WORMSERS ADDITION BLOCK 1
  • Tax Parcel Letter: E
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Free-Standing Range
  • Appliances Included:FS OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Add'l Parking Avail, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 8.0

Utilities

  • Electric: APS
  • Cooling: 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

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 60 x 136
  • Additional Parcels: No
  • Parcel #: 109-39-030-E

Multi Family

  • Owner Pays: See Remarks
  • Number Of Units Total: 2
  • Annual Operating Expense: 970.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 970.0
  • Tax Book Number: 109.00
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2025
Closed on
Jun 12, 2025
Sold by
Sfr Rs Owner Lp
Bought by
Ortner Justin and Reyes Korena
Seller's Agent
James Diller
Real Broker
Buyer's Agent
Jessica Sanchez
FIV Realty Co
List Price
$395,000
Sold Price
$400,000
Premium/Discount to List
$5,000
1.27%
Views
32
Current Estimated Value
$401,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,725
Avg. Annual Appreciation
0.83%
Original Mortgage
$392,755
Outstanding Balance
$391,737
Interest Rate
6.76%
Mortgage Type
FHA
Estimated Equity
$9,988

Purchase Details

Listed on
Feb 24, 2025
Closed on
May 27, 2025
Sold by
Star 2021-Sfr2 Borrower Gp
Bought by
Sfr Rs Owner Lp
Seller's Agent
James Diller
Real Broker
Buyer's Agent
Jessica Sanchez
FIV Realty Co
List Price
$395,000
Sold Price
$400,000
Premium/Discount to List
$5,000
1.27%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,755
Outstanding Balance
$391,737
Interest Rate
6.76%
Mortgage Type
FHA
Estimated Equity
$9,988

Purchase Details

Closed on
Dec 14, 2021
Sold by
Rs Phoenix Owner 2 Lp
Bought by
Star 2021 Sfr2 Borrower Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,412,980
Interest Rate
3.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 4, 2019
Sold by
Corton Richard and F & R Survivors Trust
Bought by
Rs Phoenix Owner 2 L P

Purchase Details

Closed on
Mar 15, 2019
Sold by
Corton Richard and F & R Family Trust
Bought by
Corton Richard and F & R Survivor S Trust

Purchase Details

Closed on
Nov 20, 2008
Sold by
Reynolds John P
Bought by
Star Development Corp

Purchase Details

Closed on
Oct 20, 2008
Sold by
Star Development Corp
Bought by
Sussman Faith and Corton Richard

Purchase Details

Closed on
Oct 3, 2008
Sold by
Reynolds John P
Bought by
Star Development Corp

Purchase Details

Closed on
May 28, 2008
Sold by
Star Development Corp
Bought by
Reynolds John
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 Buyer Sale Price Title Company
Ortner Justin $400,000 St (Stewart Title)
Sfr Rs Owner Lp -- St (Stewart Title)
Star 2021 Sfr2 Borrower Lp -- Accommodation
Rs Phoenix Owner 2 L P $226,900 Premier Title Agency
Corton Richard -- None Available
Star Development Corp -- None Available
Sussman Faith -- None Available
Star Development Corp -- Grand Canyon Title Agency
Reynolds John -- Grand Cyn Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortner Justin $392,755
Previous Owner Star 2021 Sfr2 Borrower Lp $256,412,980
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2025 06/30/25 Sold $400,000 +1.3% $243 / Sq Ft
04/17/2025 04/17/25 Pending -- -- --
02/24/2025 02/24/25 For Sale $395,000 -- $240 / 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 $962 $7,688 -- --
2024 $923 $7,322 -- --
2023 $923 $27,530 $5,500 $22,030
2022 $885 $18,750 $3,750 $15,000
2021 $937 $17,360 $3,470 $13,890
2020 $906 $15,200 $3,040 $12,160
2019 $895 $12,310 $2,460 $9,850
2018 $877 $10,020 $2,000 $8,020
2017 $844 $9,600 $1,920 $7,680
2016 $856 $7,670 $1,530 $6,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6825822

Arizona Regional Multiple Listing Service (ARMLS)

APN: 109-39-030E