Seller's Agent in 2025
Tom Palestina
ABI Multifamily
(602) 714-1400
3 in this area
41 Total Sales
339 N Laurel Ave Phoenix, AZ 85007
Governmental Mall Neighborhood
--
Bed
--
Bath
1,050
Sq Ft
6,752
Sq Ft Lot
Highlights
- Cooling Available
- Vinyl Flooring
- Heating Available
- Phoenix Coding Academy Rated A
About This Home
As of April 2025*Gross Cap Rate of 8.6%*
2 Unit Property With 2 Buildings on 1 Parcel. Front Building Built in 1920 & Renovated in 2024, Casita Built in 2024.
*Attractive Unit Mix That Consists of (1) 2-Bed / 2-Bath Casita, (1) 3-Bed / 2-Bath SFH
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 Each Unit. Exterior Upgrades Include New Paint & Stucco, New AC Units, & Private Backyard Areas for Each Unit
Located Just Outside FQ Story Neighborhood 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: 12/20/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $511
Year Built
- Built in 1920
Home Design
- Composition Roof
- Block Exterior
Flooring
- Vinyl Flooring
Parking
- 8 Parking Spaces
- 4 Covered Spaces
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- The owner pays for electricity, trash collection, water, sewer
- Tax Lot 12
- Assessor Parcel Number 111-26-010
Community Details
Overview
- 2 Buildings
- 2 Units
- Building Dimensions are 6,771
- Capitola Place Subdivision
Building Details
- Operating Expense $511
- Gross Income $48,240
- Net Operating Income $35,653
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 20, 2024
Closed on
Apr 9, 2025
Sold by
Fidelity First International Llc and Ff Equity Llc
Bought by
Jackson Cameren
Seller's Agent
Tom Palestina
ABI Multifamily
Buyer's Agent
Rachelle McGee
eXp Realty
List Price
$600,000
Sold Price
$482,000
Premium/Discount to List
-$118,000
-19.67%
Views
47
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
-$26,639
Avg. Annual Appreciation
-7.80%
Original Mortgage
$473,269
Outstanding Balance
$471,213
Interest Rate
6.76%
Mortgage Type
FHA
Estimated Equity
-$15,852
Purchase Details
Listed on
Apr 1, 2021
Closed on
Apr 22, 2021
Sold by
Gelinas Kevin
Bought by
Fidelity First International Llc
Seller's Agent
Zachary Hortman
Asher Chaim LLC
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$297,000
Sold Price
$245,000
Premium/Discount to List
-$52,000
-17.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.53%
Original Mortgage
$294,000
Interest Rate
3%
Mortgage Type
Construction
Purchase Details
Listed on
Jan 15, 2020
Closed on
Apr 10, 2020
Sold by
Opdycke John
Bought by
Gelinas Kevin
Seller's Agent
Lionel Thundercl Gomez
TCB Realty
Buyer's Agent
Zachary Hortman
HomeSmart Realty
List Price
$214,000
Sold Price
$213,500
Premium/Discount to List
-$500
-0.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.00%
Original Mortgage
$213,500
Interest Rate
3.4%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 20, 2017
Closed on
Sep 1, 2017
Sold by
Morningside Funding Llc
Bought by
Opdycke John
Seller's Agent
Laura Leukhardt
Keller Williams Arizona Realty
Buyer's Agent
Lionel Thundercl Gomez
TCB Realty
List Price
$175,000
Sold Price
$149,000
Premium/Discount to List
-$26,000
-14.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.90%
Original Mortgage
$126,650
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 2, 2011
Sold by
Propertunities Llc
Bought by
Morningside Funding Llc
Purchase Details
Closed on
Sep 29, 2010
Sold by
Lopez Flavio and Lopez Flavio Ramirez
Bought by
Propertunities Llc
Purchase Details
Closed on
Mar 11, 2010
Sold by
Pnc Bank National Association
Bought by
Lopez Flavio
Purchase Details
Closed on
Jul 18, 2008
Sold by
Reitano John
Bought by
National City Bank
Purchase Details
Closed on
May 30, 2006
Sold by
Jernigan Wade and Jernigan Stacy
Bought by
Reitano John R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,600
Interest Rate
6.52%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Sep 27, 2004
Sold by
Wolin Gore Denise
Bought by
Jernigan Wade and Jernigan Stacy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
4.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 5, 2004
Sold by
Gore Joseph Wayne
Bought by
Wolin Gore Denise
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 5, 2003
Sold by
Brink Dale V and Brink Gloria J
Bought by
Wolin Gore Denise
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $482,000 | Great American Title Agency | |
| Warranty Deed | $245,000 | West Title | |
| Warranty Deed | $213,500 | Thomas Title And Escrow | |
| Special Warranty Deed | $149,000 | Empire West Title Agency Llc | |
| Cash Sale Deed | $33,000 | Old Republic Title Agency | |
| Cash Sale Deed | $26,000 | First American Title Ins Co | |
| Cash Sale Deed | $20,000 | North American Title Company | |
| Trustee Deed | $94,500 | None Available | |
| Warranty Deed | -- | Ticor Title Agency Of Az Inc | |
| Warranty Deed | $140,000 | Capital Title Agency Inc | |
| Interfamily Deed Transfer | -- | Capital Title Agency Inc | |
| Warranty Deed | $110,000 | Capital Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $473,269 | FHA | |
| Previous Owner | $294,000 | Construction | |
| Previous Owner | $213,500 | New Conventional | |
| Previous Owner | $126,650 | New Conventional | |
| Previous Owner | $15,600 | Stand Alone Second | |
| Previous Owner | $98,000 | New Conventional | |
| Previous Owner | $104,500 | Purchase Money Mortgage | |
| Previous Owner | $104,500 | Purchase Money Mortgage | |
| Closed | $28,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/21/2025 04/21/25 | Sold | $482,000 | +1.0% | $459 / Sq Ft | |
| 02/26/2025 02/26/25 | Price Changed | $477,000 | -2.1% | $454 / Sq Ft | |
| 02/25/2025 02/25/25 | Price Changed | $487,000 | -1.2% | $464 / Sq Ft | |
| 02/11/2025 02/11/25 | Price Changed | $492,700 | -1.4% | $469 / Sq Ft | |
| 02/05/2025 02/05/25 | Price Changed | $499,700 | 0.0% | $476 / Sq Ft | |
| 01/21/2025 01/21/25 | Price Changed | $499,800 | 0.0% | $476 / Sq Ft | |
| 01/16/2025 01/16/25 | Price Changed | $499,900 | -10.6% | $476 / Sq Ft | |
| 01/02/2025 01/02/25 | Price Changed | $559,000 | +1.6% | $532 / Sq Ft | |
| 01/02/2025 01/02/25 | Price Changed | $550,000 | -8.2% | $524 / Sq Ft | |
| 12/20/2024 12/20/24 | Price Changed | $598,900 | -0.2% | $570 / Sq Ft | |
| 12/20/2024 12/20/24 | For Sale | $600,000 | +144.9% | $571 / Sq Ft | |
| 04/29/2021 04/29/21 | Sold | $245,000 | -17.5% | $233 / Sq Ft | View Prior Sale |
| 04/24/2021 04/24/21 | For Sale | $297,000 | 0.0% | $283 / Sq Ft | |
| 04/14/2021 04/14/21 | Pending | -- | -- | -- | |
| 04/01/2021 04/01/21 | For Sale | $297,000 | +39.1% | $283 / Sq Ft | |
| 04/10/2020 04/10/20 | Sold | $213,500 | -0.2% | $203 / Sq Ft | View Prior Sale |
| 04/02/2020 04/02/20 | For Sale | $214,000 | 0.0% | $204 / Sq Ft | |
| 04/02/2020 04/02/20 | Price Changed | $214,000 | 0.0% | $204 / Sq Ft | |
| 02/20/2020 02/20/20 | Price Changed | $214,000 | -8.9% | $204 / Sq Ft | |
| 01/15/2020 01/15/20 | For Sale | $235,000 | +57.7% | $224 / Sq Ft | |
| 09/08/2017 09/08/17 | Sold | $149,000 | -6.3% | $142 / Sq Ft | View Prior Sale |
| 08/08/2017 08/08/17 | Pending | -- | -- | -- | |
| 08/02/2017 08/02/17 | Price Changed | $159,000 | -5.9% | $151 / Sq Ft | |
| 07/14/2017 07/14/17 | Price Changed | $169,000 | -3.4% | $161 / Sq Ft | |
| 06/24/2017 06/24/17 | For Sale | $175,000 | 0.0% | $167 / Sq Ft | |
| 06/13/2017 06/13/17 | Pending | -- | -- | -- | |
| 05/20/2017 05/20/17 | For Sale | $175,000 | -- | $167 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $483 | $3,823 | -- | -- |
| 2024 | $506 | $3,641 | -- | -- |
| 2023 | $506 | $21,060 | $4,210 | $16,850 |
| 2022 | $488 | $16,480 | $3,290 | $13,190 |
| 2021 | $485 | $10,500 | $2,100 | $8,400 |
| 2020 | $438 | $9,850 | $1,970 | $7,880 |
| 2019 | $489 | $8,120 | $1,620 | $6,500 |
| 2018 | $481 | $9,280 | $1,850 | $7,430 |
| 2017 | $470 | $7,570 | $1,510 | $6,060 |
| 2016 | $456 | $8,060 | $1,610 | $6,450 |
| 2015 | $422 | $5,180 | $1,030 | $4,150 |
Source: Public Records
Agents Affiliated with this Home
-
Tom Palestina
-
Andrew Arambula
Seller Co-Listing Agent in 2025
Andrew Arambula
ABI Multifamily
(602) 513-5200
3 in this area
57 Total Sales
-
Rachelle McGee
Buyer's Agent in 2025
Rachelle McGee
eXp Realty
(602) 621-3712
1 in this area
57 Total Sales
-
Z
Seller's Agent in 2021
Zachary Hortman
Asher Chaim LLC
-
T
Seller Co-Listing Agent in 2021
Tim Winter
4DC Realty
-
N
Buyer's Agent in 2021
Non-MLS Agent
Non-MLS Office
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6796356
APN: 111-26-010
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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