$570,000
SOLD FEB 4, 2025
-- Bed
-- Bath
1,727 Sq Ft
0.45 Acres

Recently Sold

$330 Per Sq Ft

5% Below List Price

28 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • 4-minute walk to Hayden Park
  • Phoenix Coding Academy Rated A
  • Heating System Uses Natural Gas

About This Home

As of February 2025

Investment opportunity in Phoenix! This 4-plex features four spacious 2-bedroom, 1-bath units, each approximately 840 sq. ft., offering comfortable living spaces. Set on a large 0.45 acre lot, the property provides ample room with potential for additional units, making it ideal for expansion or future development. Conveniently located near shopping, dining, and transit, this property offers strong rental appeal and versatility for investors looking to grow their portfolio. Don't miss this unique opportunity!

Last Agent to Sell the Property

James Diller

Real Broker License #BR681830000 Listed on: 10/29/2024

Real Broker

Last Buyer's Agent

Bretton Trapnell

HomeSmart License #SA695231000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,100

Year Built

  • Built in 1941

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Window Unit Heating System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for gas, trash collection, water, sewer, landscaping
  • Tax Lot 11
  • Assessor Parcel Number 113-30-050

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 19602

Building Details

  • Operating Expense $1,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,100

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Cross Street: Broadway & Central
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1941
  • Tax Year: 2024
  • Directions: Go South on Central to W Tamarisk St and Go West. Property on Right (North) Side of Street
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Other (See Remarks)
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit, 1 Space/Unit
  • Attached Garage: No
  • 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:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Window/Wall Unit, Electric
  • Heating: Heat Pump, Window/Wall Unit(s), Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes
  • Heating:WindowWall Unit(s): 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: 19602
  • Additional Parcels: No
  • Parcel #: 113-30-050

Multi Family

  • Owner Pays: Gas, Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Operating Expense: 1100.0

Tax Info

  • Tax Annual Amount: 1100.0
  • Tax Book Number: 113.00
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2024
Closed on
Jan 13, 2025
Sold by
Rs Xii Nm Phoenix Owner 1 Lp
Bought by
Riding Jason
Seller's Agent
James Diller
Real Broker
Buyer's Agent
Bretton Trapnell
HomeSmart
List Price
$599,900
Sold Price
$570,000
Premium/Discount to List
-$29,900
-4.98%
Views
17
Current Estimated Value
$544,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,550
Avg. Annual Appreciation
-7.86%
Original Mortgage
$427,500
Outstanding Balance
$424,864
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$119,586

Purchase Details

Closed on
Aug 15, 2022
Sold by
Rs Xii Phoenix Owner 1 Lp
Bought by
Rs Xii Nm Phoenix Owner 1 Lp

Purchase Details

Closed on
Mar 2, 2021
Sold by
Dpax2 Llc
Bought by
Rs Xii Phoenix Owner 1 Lp

Purchase Details

Listed on
May 22, 2017
Closed on
Jun 14, 2017
Sold by
Windsong Partners Llc
Bought by
Dpax2 Llc
Seller's Agent
Steve Hatsakorzian
The Biltmore Group LLC
Buyer's Agent
James Wehner
West USA Realty
List Price
$215,000
Sold Price
$195,000
Premium/Discount to List
-$20,000
-9.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.36%

Purchase Details

Closed on
Jun 18, 2014
Sold by
Dang Melvin M and Dang Janet L
Bought by
Windsong Partners Llc

Purchase Details

Closed on
Oct 7, 2010
Sold by
Dang Melvin M and Dang Janet
Bought by
Dang Melvin M and Dang Janet L

Purchase Details

Closed on
Sep 30, 2010
Sold by
Irvin Murray and Irvin Lorna
Bought by
Dang Melvin M and Dang Janet

Purchase Details

Closed on
Jun 9, 2010
Sold by
Murrol Llc
Bought by
Irvin Murray and Irvin Lorna

Purchase Details

Closed on
May 19, 2007
Sold by
Irvin Murray and Irvin Lorna
Bought by
Murrol Llc

Purchase Details

Closed on
May 15, 2006
Sold by
Reyes J Armando and Moreno Ruben
Bought by
Irvin Murray and Irvin Lorna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,500
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2005
Sold by
Reyes J Armando
Bought by
Reyes J Armanddo and Moreno Ruben

Purchase Details

Closed on
Oct 29, 2004
Sold by
Leon Hector G and Romo Silvia
Bought by
Reyes J Armando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
5.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2000
Sold by
Porter James C
Bought by
Porter Scarlette L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
8.15%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 14, 2000
Sold by
Porter Scarlette L and Mitchell Lois
Bought by
Leon Hector G and Romo Silvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
8.15%
Mortgage Type
Seller Take Back
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
Special Warranty Deed $570,000 Stewart Title
Special Warranty Deed -- New Title Company Name
Warranty Deed $445,000 Chicago Title Agency Inc
Warranty Deed $196,000 Chicago Title Agency
Warranty Deed $70,000 None Available
Interfamily Deed Transfer -- Sterling Title Agency Llc
Cash Sale Deed $63,000 Sterling Title Agency Llc
Warranty Deed -- Sterling Title Agency Llc
Warranty Deed -- None Available
Warranty Deed $325,000 Camelback Title Agency Llc
Interfamily Deed Transfer -- --
Warranty Deed $225,000 Camelback Title Agency Llc
Interfamily Deed Transfer -- Grand Canyon Title Agency In
Joint Tenancy Deed $55,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $427,500 New Conventional
Previous Owner $32,500 New Conventional
Previous Owner $260,000 Unknown
Previous Owner $146,250 New Conventional
Previous Owner $115,000 Unknown
Previous Owner $130,000 Unknown
Previous Owner $45,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Sold $570,000 -5.0% $330 / Sq Ft
02/03/2025 02/03/25 Price Changed $599,900 0.0% $347 / Sq Ft
11/26/2024 11/26/24 Pending -- -- --
10/29/2024 10/29/24 For Sale $599,900 +207.6% $347 / Sq Ft
06/21/2017 06/21/17 Sold $195,000 -9.3% $113 / Sq Ft
05/19/2017 05/19/17 For Sale $215,000 -- $124 / 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 $1,100 $7,488 -- --
2024 $1,069 $7,131 -- --
2023 $1,069 $24,310 $4,860 $19,450
2022 $1,047 $17,200 $3,440 $13,760
2021 $1,068 $16,710 $3,340 $13,370
2020 $1,055 $16,330 $3,260 $13,070
2019 $1,021 $15,360 $3,070 $12,290
2018 $994 $13,470 $2,690 $10,780
2017 $947 $10,780 $2,150 $8,630
2016 $901 $10,130 $2,020 $8,110
2015 $848 $7,580 $1,510 $6,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6777091

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-30-050