$675,000
$75K PRICE DROP

3638 S 12th St Phoenix, AZ 85040

South Mountain Neighborhood

Estimated payment $3,623/month

Total Views 4,386
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • No Heating

About This Home

Prime location for development! This large lot is located in the Phoenix Opportunity Zone and is near the light rail expansion in South Phoenix. It currently includes residential buildings and is zoned for high-density, multi-family. Approved site plans for seven to fourteen townhomes are included for 3-story townhomes and common area. Each unit features 2 bedrooms, 2.5 baths, a tandem 2 car garage and balcony. Conveniently situated close to both the I-10 and I-17, the property lies between South Mountain Park and downtown Phoenix, offering easy access to outdoor activities, events, shopping, dining, and effortless commuting throughout the valley.

Listing Agent

Daniel Brown

My Home Group Real Estate License #SA586198000 Listed on: 01/03/2025

My Home Group Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $707

Year Built

  • Built in 1926

Home Design

  • Wood Frame Construction
  • Composition Roof

Parking

  • 28 Parking Spaces
  • 28 Covered Spaces
  • Over 1 Space Per Unit

Schools

  • Irene Lopez Elementary And Middle School
  • South Mountain High School

Utilities

  • Cooling Available
  • No Heating

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 113-19-030-A

Community Details

Overview

  • 2 Buildings
  • 14 Units
  • Building Dimensions are Irregular
  • Monte Vista Acres Plat A 33 36 And 43 46 Subdivision

Building Details

  • Operating Expense $707

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$707

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Cross Street: S 7th St & E Broadway Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R4
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1926
  • Tax Year: 2024
  • Subdivision Name: MONTE VISTA ACRES PLAT A 33-36 AND 43-46
  • Tax Parcel Letter: A
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 28.0
  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Total Parking Spaces: 28.0
  • General Property Description:Covered Parking Spcs: 28.0
  • General Property Description:Total Parking Spcs: 28.0
  • Parking Features >1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: None
  • Heating: None
  • Cooling Y N: Yes
  • Heating Yn: No
  • Water Source: City Franchise
  • Heating:None29: Yes

Condo/Co-op/Association

  • Community Features: See Remarks, No Pool

Schools

  • Elementary School: Irene Lopez School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Irene Lopez School

Lot Info

  • Lot Size: Irregular
  • Additional Parcels: No
  • Parcel #: 113-19-030-A

Multi Family

  • Owner Pays: See Remarks
  • Number Of Units Total: 14
  • Annual Operating Expense: 707.0

Tax Info

  • Tax Annual Amount: 707.0
  • Tax Book Number: 113.00
  • Tax Lot: 48

Map

Range of Values:

--
Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $726 $4,816 -- --
2024 $687 $4,587 -- --
2023 $687 $26,220 $5,240 $20,980
2022 $673 $18,200 $3,640 $14,560
2021 $687 $13,700 $2,740 $10,960
2020 $679 $11,200 $2,240 $8,960
2019 $657 $8,880 $1,770 $7,110
2018 $639 $7,060 $1,410 $5,650
2017 $537 $5,580 $1,110 $4,470
2016 $509 $4,910 $980 $3,930
2015 $473 $4,020 $800 $3,220
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2025 11/03/25 For Sale $675,000 0.0% --
11/01/2025 11/01/25 Off Market $675,000 -- --
06/27/2025 06/27/25 Price Changed $675,000 -3.4% --
06/02/2025 06/02/25 Price Changed $699,000 -3.6% --
05/20/2025 05/20/25 Price Changed $725,000 -3.3% --
01/03/2025 01/03/25 For Sale $750,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $210,000 Security Title Agency Inc
Quit Claim Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $185,000 Purchase Money Mortgage
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6800371

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-19-030A

Arizona Maricopa County Phoenix 85040 South Mountain

3638 S 12th St, Phoenix, AZ

For Sale

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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Daniel Brown
Listing Agent
Daniel Brown
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My Home Group Real Estate
(480) 588-0632