Seller's Agent in 2025
Tom Palestina
ABI Multifamily
(602) 714-1400
6 in this area
39 Total Sales
339 N Laurel Ave Phoenix, AZ 85007
Governmental Mall NeighborhoodEstimated Value: $385,000 - $466,000
Studio
2
Baths
1,050
Sq Ft
$406/Sq Ft
Est. Value
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
Lot Details
- 6,752
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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 20, 2024
Closed on
Apr 9, 2025
Sold by
Bought by
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
-$55,346
Avg. Annual Appreciation
-9.51%
Original Mortgage
$473,269
Interest Rate
0.0676%
Mortgage Type
FHA
Purchase Details
Listed on
Apr 1, 2021
Closed on
Apr 22, 2021
Sold by
Bought by
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
0.03%
Mortgage Type
Construction
Purchase Details
Listed on
Jan 15, 2020
Closed on
Apr 10, 2020
Sold by
Bought by
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
0.034%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 20, 2017
Closed on
Sep 1, 2017
Sold by
Bought by
Seller's Agent
Laura Leukhardt
AZREAPM
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
0.0392%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 2, 2011
Sold by
Bought by
Purchase Details
Closed on
Sep 29, 2010
Sold by
Bought by
Purchase Details
Closed on
Mar 11, 2010
Sold by
Bought by
Purchase Details
Closed on
Jul 18, 2008
Sold by
Bought by
Purchase Details
Closed on
May 30, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,700
Interest Rate
0.0657%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Sep 27, 2004
Sold by
Bought by
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
0.0475%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 5, 2004
Sold by
Bought by
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
0.0737%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 5, 2003
Sold by
Bought by
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
0.0737%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $482,000 | Great American Title Agency | ||
| $245,000 | West Title | ||
| $213,500 | Thomas Title And Escrow | ||
| $149,000 | Empire West Title Agency Llc | ||
| $33,000 | Old Republic Title Agency | ||
| $26,000 | First American Title Ins Co | ||
| $20,000 | North American Title Company | ||
| $94,500 | None Available | ||
| -- | Ticor Title Agency Of Az Inc | ||
| $140,000 | Capital Title Agency Inc | ||
| -- | Capital Title Agency Inc | ||
| $110,000 | Capital Title Agency Inc |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $473,269 | ||
| Previous Owner | $750,000 | ||
| Previous Owner | $294,000 | ||
| Previous Owner | $213,500 | ||
| Previous Owner | $165,000 | ||
| Previous Owner | $126,650 | ||
| Previous Owner | $68,700 | ||
| Previous Owner | $15,600 | ||
| Previous Owner | $124,800 | ||
| Previous Owner | $98,000 | ||
| Previous Owner | $104,500 | ||
| Previous Owner | $104,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
4 in this area
58 Total Sales
-
Rachelle McGee
Buyer's Agent in 2025
Rachelle McGee
eXp Realty
(602) 621-3712
1 in this area
59 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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