NOT LISTED FOR SALE

3800 N 7th St Phoenix, AZ 85014

Midtown Phoenix Neighborhood

Estimated Value: $975,595

-- Bed
2 Baths
1,416 Sq Ft
$689/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $460,000 $325 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $5,632/month

16 Days on Market

Highlights

  • Cooling Available
  • Vinyl Flooring
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of December 2023

Attention Investors!! Check out this tri-plex off of 7th St and Indian School in central Phoenix. Great central location that has quick access to the I-10,17 and 51. Unit one is currently a studio but could be easily converted to a 1 bedroom. Unit 2's kitchen and bathroom have already been demo'd. Unit 3 is in need of some repairs as well. This is a great opportunity for someone to earn sweat equity in a great income producing property.

Last Agent to Sell the Property

Jacob Chapman

Realty85 License #BR583358000 Listed on: 10/27/2023

Last Buyer's Agent

Brian Ajanel

Realty ONE Group License #SA648781000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,124

Year Built

  • Built in 1953

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Vinyl Flooring

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • Carport
  • On-Street Parking

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Legal Lot and Block 13 / 6
  • Assessor Parcel Number 118-24-147-A

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 76.4x76.4
  • Thomas Place Subdivision

Building Details

  • Operating Expense $2,124

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,124

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Cross Street: 7th ST & Clarendon
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: C2
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1953
  • Tax Year: 2023
  • Directions: Turn left onto N 52nd St. Use the right lane to take the ramp onto AZ-202/AZ-202 Loop W. Take exit 1A for I-10 E/AZ-51. Take exit 1A for I-10 E/AZ-51 N. Take exit for Indian School. Left on 7th.
  • Road Surface Type: Asphalt
  • Subdivision Name: THOMAS PLACE
  • Tax Parcel Letter: A
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Free-Standing Range, Refrigerator, Microwave, Washer/Dryer, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: On Street, Carport
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features:Carport: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Electric, Heat Pump
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Partially Furnished: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 76.4x76.4
  • Additional Parcels: No
  • Parcel #: 118-24-147-A

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 3
  • Annual Operating Expense: 2124.0

Tax Info

  • Tax Annual Amount: 2124.0
  • Tax Block: 6
  • Tax Book Number: 118.00
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2023
Closed on
Dec 5, 2023
Sold by
Hole Four Investments Llc
Bought by
Hp Land Holdings 7Th St Llc
Seller's Agent
Jacob Chapman
Realty85
Buyer's Agent
Brian Ajanel
Realty ONE Group
List Price
$450,000
Sold Price
$460,000
Premium/Discount to List
$10,000
2.22%
Views
23
Current Estimated Value
$975,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$515,595
Avg. Annual Appreciation
54.51%
Original Mortgage
$585,000
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 13, 2023
Closed on
May 25, 2023
Sold by
Julian Signature Properties Llc
Bought by
Hole Four Investments Llc
Seller's Agent
Jacob Chapman
Realty85
Buyer's Agent
Jacob Chapman
Realty85
List Price
$1,500,000
Sold Price
$1,150,000
Premium/Discount to List
-$350,000
-23.33%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-79.40%
Original Mortgage
$365,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2021
Sold by
Taylor Dale and Taylor Rochelle
Bought by
Julian Signature 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
$855,000
Interest Rate
2.7%
Mortgage Type
Small Business Administration

Purchase Details

Closed on
Nov 1, 2012
Sold by
Taylor Dale J and Taylor Rochelle A
Bought by
Taylor Dale and Taylor Rochelle
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hp Land Holdings 7Th St Llc $900,000 Pinnacle Title Services
Hole Four Investments Llc $1,150,000 Pinnacle Title Services
Julian Signature Properties Llc $950,000 Fidelity Natl Ttl Agcy Inc
Taylor Dale -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hp Land Holdings 7Th St Llc $1,406,250
Closed Hp Land Holdings 7Th St Llc $585,000
Previous Owner Hole Four Investments Llc $365,000
Previous Owner Julian Signature Properties Llc $855,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $460,000 +2.2% $325 / Sq Ft
12/09/2023 12/09/23 Price Changed $450,000 0.0% $318 / Sq Ft
11/14/2023 11/14/23 Pending -- -- --
11/02/2023 11/02/23 Pending -- -- --
10/31/2023 10/31/23 For Sale $450,000 0.0% $318 / Sq Ft
10/28/2023 10/28/23 Pending -- -- --
10/28/2023 10/28/23 For Sale $450,000 -60.9% $318 / Sq Ft
05/25/2023 05/25/23 Sold $1,150,000 -23.3% $153 / Sq Ft
02/13/2023 02/13/23 For Sale $1,500,000 -- $199 / 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 $5,761 $44,514 -- --
2024 $5,734 $43,719 -- --
2023 $5,734 $45,492 $39,100 $6,392
2022 $5,869 $42,613 $37,468 $5,145
2021 $6,140 $46,962 $38,538 $8,424
2020 $5,984 $47,358 $28,512 $18,846
2019 $5,725 $40,230 $27,684 $12,546
2018 $5,535 $39,888 $25,632 $14,256
2017 $5,082 $38,664 $26,712 $11,952
2016 $4,902 $37,656 $24,948 $12,708
2015 $4,684 $31,598 $24,938 $6,660
Source: Public Records

Agents Affiliated with this Home

  • Jacob Chapman

    Seller's Agent in 2023

    Jacob Chapman

    Realty85

    (602) 502-3008

    2 in this area

    118 Total Sales

    Jacob Chapman
    Section Image

  • D

    Seller Co-Listing Agent in 2023

    Daniel Irwin

    Realty85

  • B

    Buyer's Agent in 2023

    Brian Ajanel

    Realty One Group

    (623) 414-6021

    1 in this area

    90 Total Sales

    Brian Ajanel
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6623707

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-24-146A

Arizona Maricopa County Phoenix 85012 Midtown Phoenix

3800 N 7th St, Phoenix, AZ

This home is located at 3800 N 7th St, Phoenix, AZ 85014 since 27 October 2023 and is currently estimated at $975,595, approximately $688 per square foot. This property was built in 1953. 3800 N 7th St is a home located in Maricopa County with nearby schools including Longview Elementary School, Osborn Middle School, and Phoenix Coding Academy.

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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