$405,000
SOLD FEB 28, 2025
-- Bed
-- Bath
1,646 Sq Ft
8,146 Sq Ft Lot

Recently Sold

$246 Per Sq Ft

3% Above List Price

13 Days on Market

Highlights

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

About This Home

As of February 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 8,139 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: 01/08/2025

Real Broker

Last Buyer's Agent

Liliana Celis Arvizu Santos

Best Homes Real Estate License #SA712347000

Best Homes Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $970

Year Built

  • Built in 2008

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Vinyl Flooring

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

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

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
  • Directions: Interstate 10, exit N 35th Ave, Go south, left on to W Jackson St
  • Road Surface Type: Asphalt
  • Subdivision Name: WORMSERS ADDITION BLOCK 1
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Vinyl
  • Appliances: F/S Oven/Range, Microwave
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Add'l Parking Avail, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Add_squote_l Parking Avail: Yes

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

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

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

Multi Family

  • Owner Pays: See Remarks
  • Tenant Pays: See Remarks
  • Number Of Units Total: 2
  • Annual Operating Expense: 970.0

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
Jan 8, 2025
Closed on
Feb 26, 2025
Sold by
Sfr Rs Owner Lp
Bought by
Santos Erick Javier Arviz
Seller's Agent
James Diller
Real Broker
Buyer's Agent
Liliana Celis Arvizu Santos
Best Homes Real Estate
List Price
$395,000
Sold Price
$405,000
Premium/Discount to List
$10,000
2.53%
Views
13
Current Estimated Value
$401,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,190
Avg. Annual Appreciation
-1.40%
Original Mortgage
$324,000
Outstanding Balance
$322,667
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$79,143

Purchase Details

Listed on
Jan 8, 2025
Closed on
Feb 13, 2025
Sold by
Star 2021-Sfr2 Borrower Lp
Bought by
Sfr Rs Owner Lp
Seller's Agent
James Diller
Real Broker
Buyer's Agent
Liliana Celis Arvizu Santos
Best Homes Real Estate
List Price
$395,000
Sold Price
$405,000
Premium/Discount to List
$10,000
2.53%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Outstanding Balance
$322,667
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$79,143

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 Lp

Purchase Details

Closed on
Jan 1, 2019
Sold by
Corton Richard and F & R Family Trust
Bought by
Corton Richard and F & R Survivor S Trust

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

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Special Warranty Deed $405,000 Stewart Title
Special Warranty Deed -- Stewart Title
Warranty Deed -- Accommodation
Warranty Deed $226,900 Premier Title Agency
Interfamily Deed Transfer -- None Available
Deed In Lieu Of Foreclosure -- None Available
Warranty Deed -- Grand Canyon Title Agency
Corporate Deed -- Grand Cyn Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $324,000 New Conventional
Previous Owner $256,412,980 Commercial
Previous Owner $155,000 Unknown
Previous Owner $33,333 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $405,000 +2.5% $246 / Sq Ft
01/21/2025 01/21/25 Pending -- -- --
01/08/2025 01/08/25 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 $970 $7,688 -- --
2024 $923 $7,322 -- --
2023 $923 $27,550 $5,510 $22,040
2022 $885 $18,760 $3,750 $15,010
2021 $937 $17,370 $3,470 $13,900
2020 $906 $15,200 $3,040 $12,160
2019 $895 $12,310 $2,460 $9,850
2018 $877 $10,030 $2,000 $8,030
2017 $844 $9,600 $1,920 $7,680
2016 $856 $7,670 $1,530 $6,140
2015 $797 $6,500 $1,300 $5,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6801848

Arizona Regional Multiple Listing Service (ARMLS)

APN: 109-39-030D