$308,000
SOLD APR 6, 2016

3422 N 12th Place Phoenix, AZ 85014

-- Bed
-- Bath
3,896 Sq Ft
1983 Built

Recently Sold

$79 Per Sq Ft

8% Below List Price

15 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Phoenix Coding Academy Rated A
  • Central Heating and Cooling System

About This Home

As of April 2016

LIVE FREE - RENT THREE!!! Or this can be a straight investment. As of listing, only 4Plex for sale in zip code. Great Central Phoenix Location!! Close to downtown,airport,shopping. This is a rare complex with all Large 2 BR/2 Bath Units. Open Floorplan, Fireplaces, Private Patios, Interior W/D Hook-ups. Easy access to employment, shopping, transportation, restaurants & schools make this a high demand area. Great Opportunity! Better hurry, this one is not going to last!!

Last Agent to Sell the Property

Bryan McCoy

RE/MAX Alliance Group License #SA573514000 Listed on: 02/04/2016

RE/MAX Alliance Group

Last Buyer's Agent

Gerald Lang

Arizona Best Real Estate License #SA542496000

Arizona Best Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,234

Year Built

  • Built in 1983

Lot Details

  • Property fronts an alley

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking
  • Paved Parking
  • Assigned Parking

Schools

  • Longview Elementary School
  • Osborn Middle School
  • North High School

Utilities

  • Central Heating and Cooling System
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 1
  • Assessor Parcel Number 118-08-137

Community Details

Overview

  • 4 Units
  • Building Dimensions are 60 x 126.8
  • Stephensons Subdivision

Building Details

  • Operating Expense $3,934
  • Gross Income $31

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,234

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: Osborn Road & 7th Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2015
  • Directions: East on Osborn to 12th PLACE. North to property.
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt
  • Subdivision Name: Stephensons
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: See Remarks, Stucco, Frame - Wood
  • Roof: Tile, Built-Up, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Paved Parking, Assigned, >1 Space Per Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: APS, Underground, Individual Meter
  • Cooling: Central A/C, Individual, Electric
  • Heating: Individual, Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Schools

  • Elementary School: Longview Elementary School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Lot Size: 60 x 126.8
  • Additional Parcels: No
  • Parcel #: 118-08-137

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 31.0
  • Insurance Expense: 1700.0
  • Annual Operating Expense: 3934.0

Tax Info

  • Tax Annual Amount: 2234.0
  • Tax Book Number: 118.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2016
Closed on
Mar 1, 2016
Sold by
Red Wolfe Properties Llc
Bought by
Billymax Llc
Seller's Agent
Bryan McCoy
RE/MAX Alliance Group
Buyer's Agent
Gerald Lang
Arizona Best Real Estate
List Price
$335,000
Sold Price
$308,000
Premium/Discount to List
-$27,000
-8.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.98%

Purchase Details

Closed on
Sep 29, 2010
Sold by
Wolfe Avi and Wolfe Jaime Lynn
Bought by
Red Wolfe Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2010
Sold by
Breneman Alfred Joe
Bought by
Wolfe Avi and Wolfe Jaime Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2010
Sold by
Rordiguez Guido
Bought by
Breneman Alfred Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2005
Sold by
Rodriguez Roxana
Bought by
Rodriguez Guido

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.9%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 29, 2005
Sold by
Jensen Rick Allen and Magne Kelly Jean
Bought by
Rodriguez Guido

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.9%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 4, 2004
Sold by
Magne Michael Louis
Bought by
Magne Kelly Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 14, 1998
Sold by
Rathman Richard J and Rathman Christal T
Bought by
In Yuthea and In Lakhana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,600
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 1995
Sold by
D & S Tidmore Investments Inc
Bought by
Whissen William K and Whissen Elaine B
Source: Public Records

Similar Homes in the area

  • 1850 E Maryland Ave Unit 63, Phoenix, AZ 85016

    $319,995

    • 2 Beds
    • 1 Bath
    • 832 Sq Ft
    • 1850 E Maryland Ave
    • Unit 63
    • Phoenix, AZ

    Discover Biltmore Heights, a luxury patio home community in the heart of the Biltmore district. Enjoy nearby access to Piestewa Peak Park, Biltmore Resort, Biltmore Fashion Park, and top dining options, all just 15 minutes from downtown Phoenix. These elegant single-level homes feature 2 bedrooms, 1 bathroom, premium wood or tile flooring, Italian Pedini cabinetry, granite countertops, and

    Mladen Prelic HomeSmart

    Section Image
  • 913 E Beryl Ave, Phoenix, AZ 85020

    $325,000

    • 2 Beds
    • 2 Baths
    • 1,038 Sq Ft
    • 913 E Beryl Ave
    • Phoenix, AZ

    Own this charming 2-bed, 2-bath patio home in Villa Sierra Madre! The 2 carport spaces are just the beginning. Inside, you'll find a welcoming living/dining room with a blend of wood & stone tile flooring, a neutral palette, and French doors leading to the backyard. The galley kitchen showcases SS appliances, granite counters, and wood cabinets w/crown molding. The primary bedroom comes with

    Steele Mercer Citiea

    Section Image
  • 1120 E Beryl Ave, Phoenix, AZ 85020

    $350,000

    • 2 Beds
    • 2 Baths
    • 1,194 Sq Ft
    • 1120 E Beryl Ave
    • Phoenix, AZ

    Move in Ready! Enjoy resort style living between the mountains and lush green belts of Tapatio Cove. This home has 2 bedrooms and a den and is the perfect lock and leave home! The washer and dryer convey with full price or higher offer! Surround yourself with friendly neighbors, a lovely back patio, sparkling community pool, and the privacy and convenience unique to Pointe Tapatio. Relax on the

    Jennifer Taege Compass

    Section Image
  • 5234 N 15th Dr, Phoenix, AZ 85015

    $328,000

    • 2 Beds
    • 2 Baths
    • 1,034 Sq Ft
    • 5234 N 15th Dr
    • Phoenix, AZ

    This two master bedroom patio home is spacious and designed for easy living. Nestled into a private community this patio home has vaulted ceilings and a small patio with complete privacy. Easy access to I-17 and the 51 your new patio home is private and quite lifestyle

    Mike Snitz Realty ONE Group

    Section Image
  • 1017 E Maryland Ave Unit 236, Phoenix, AZ 85014

    $335,000

    • 2 Beds
    • 2 Baths
    • 1,008 Sq Ft
    • 1017 E Maryland Ave
    • Unit 236
    • Phoenix, AZ

    Welcome to 1017 E Maryland Ave #236 - a refreshed 2-bed, 2-bath condo nestled in a well-kept Phoenix community. This upstairs unit has been thoughtfully updated by its new investor-owner, blending style with everyday comfort.The kitchen now features warm butcher block countertops and a fun, eye-catching backsplash that adds personality to the space. Vaulted ceilings and a cozy fireplace

    Saro Hagobian Barrett Real Estate

    Section Image
  • 2440 N 22nd Ave, Phoenix, AZ 85009

    $293,900

    • 2 Beds
    • 2 Baths
    • 1,282 Sq Ft
    • 2440 N 22nd Ave
    • Phoenix, AZ

    Discover this beautifully updated 3-bedroom, 2-bathroom townhouse in the heart of central Phoenix. The home features stylish painted cabinets, sleek quartz countertops, and stainless steel appliances that elevate the kitchen's modern appeal. Luxury vinyl plank flooring runs throughout, offering durability and contemporary charm. Perfectly situated near shopping, dining, and major freeways, this

    Jacqueline Shaffer OfferPad Brokerage, LLC

    Section Image
  • 6 E Manzanita Dr, Phoenix, AZ 85020

    $365,000

    • 2 Beds
    • 2 Baths
    • 1,116 Sq Ft
    • 6 E Manzanita Dr
    • Phoenix, AZ

    An opportunity awaits with this charming patio home nestled in the heart of Phoenix's desirable North Central corridor, located right off the iconic Murphy Bridle Path. This 2-bed, 2-bath home offers 1,116 square feet of comfortable living space, perfect for those seeking a blend of convenience and community living. Enter into the private gated courtyard with plenty of room for dining &

    Katherine Fox The Brokery

    Section Image
  • 4525 N 66th St Unit 112, Scottsdale, AZ 85251

    $365,000

    • 2 Beds
    • 2 Baths
    • 1,486 Sq Ft
    • 4525 N 66th St
    • Unit 112
    • Scottsdale, AZ

    Affordable luxury in Scottsdale's most prestigious location. Adjacent to the Phoenician Resort and Camelback Mountain's Cholla Trail, this 2 bed, 2 bath lock and leave is the perfect year round retreat or Snowbird escape. This charming home has been remodeled and features polished concrete floors, Ikea cabinetry, timeless white and chrome bathrooms, and a totally open concept. One of the

    Libby Cohen RETSY

    Section Image
  • 4525 N 66th St Unit 85, Scottsdale, AZ 85251

    $339,000

    • 2 Beds
    • 2 Baths
    • 1,575 Sq Ft
    • 4525 N 66th St
    • Unit 85
    • Scottsdale, AZ

    Welcome to Casa del Monte! This amazing 2 bedroom, 2 bathroom single-level condo offers 1,575 sq. ft. of comfortable living in one of the best locations in Scottsdale. Just minutes from Scottsdale Fashion Square, renowned restaurants, art galleries, and the charm of Old Town Scottsdale, you'll be at the center of it all. Love the outdoors? Camelback Mountain hiking is right up the street—and you

    Jason Penrose eXp Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Cash Sale Deed $308,000 First American Title Ins Co
Special Warranty Deed -- None Available
Special Warranty Deed $222,000 Commerce Title Company
Interfamily Deed Transfer -- Commerce Title Company
Trustee Deed $116,800 None Available
Interfamily Deed Transfer -- Chicago Title Insurance Co
Warranty Deed $415,000 Chicago Title Insurance Co
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- Fidelity National Title
Cash Sale Deed $295,000 Fidelity National Title
Warranty Deed $183,000 Stewart Title & Trust
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $166,500 New Conventional
Previous Owner $140,000 Purchase Money Mortgage
Previous Owner $332,000 Fannie Mae Freddie Mac
Previous Owner $62,250 Stand Alone Second
Previous Owner $221,250 Unknown
Previous Owner $116,000 Unknown
Previous Owner $146,600 New Conventional
Closed $18,300 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Price Changed $1,140,000 0.0% --
06/02/2025 06/02/25 For Sale $1,140,000 -0.9% --
06/01/2025 06/01/25 Off Market $1,150,000 -- --
02/14/2025 02/14/25 Price Changed $1,150,000 -1.7% --
01/27/2025 01/27/25 Price Changed $1,170,000 -0.8% --
11/08/2024 11/08/24 Price Changed $1,180,000 -1.7% --
10/01/2024 10/01/24 For Sale $1,200,000 +289.6% --
04/06/2016 04/06/16 Sold $308,000 -8.1% $79 / Sq Ft
02/19/2016 02/19/16 Pending -- -- --
02/04/2016 02/04/16 For Sale $335,000 -- $86 / 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 $3,080 $24,548 -- --
2024 $2,976 $23,379 -- --
2023 $2,976 $74,770 $14,950 $59,820
2022 $2,959 $57,350 $11,470 $45,880
2021 $3,009 $47,420 $9,480 $37,940
2020 $2,933 $40,160 $8,030 $32,130
2019 $2,806 $36,160 $7,230 $28,930
2018 $2,713 $31,680 $6,330 $25,350
2017 $2,491 $42,110 $8,420 $33,690
2016 $2,403 $36,960 $7,390 $29,570
2015 $2,234 $31,370 $6,270 $25,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5393763

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-08-137