NOT LISTED FOR SALE

4005 S 24th Place Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $467,095 - $632,000

Studio
-- Bath
2,520 Sq Ft
$215/Sq Ft Est. Value

Sale Details

Date Sold: October 26, 2020

Last sale price $316,000 $125 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,087 / mo

15 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of October 2020

Duplex available in Phoenix. 4 bed 2 bath with tenants in place. Currently leased through April of 2021. Great cash flowing asset to add to your portfolio. Low maintenance exterior with no deferred maintenance. Property is professionally managed. Tenants love these units. Under current market, value add upon renewal.

Last Agent to Sell the Property

Michael Hatch

Realty ONE Group License #SA660779000 Listed on: 08/19/2020

Co-Listed By

Max Dewitt

Realty ONE Group License #SA652423000

Last Buyer's Agent

Robert Tolnai

eXp Realty License #SA529823000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,194

Year Built

  • Built in 2003

Parking

  • Assigned Parking

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Schools

  • Roosevelt Elementary School
  • Phoenix Union - Wilson College Preparatory High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 19
  • Assessor Parcel Number 122-21-100

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7541
  • Peila Homes Subdivision

Building Details

  • Operating Expense $1,194
  • Gross Income $24,468

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,194

Year Built

Built in 2003

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 24th St and Broadway
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R35
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2003
  • Tax Year: 2019
  • Co List Office Mls Id: reog02
  • Co List Office Phone: 480-321-8100
  • Subdivision Name: PEILA HOMES
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Disposal, Dishwasher, Refrigerator, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned, <1 Space Per Unit
  • Attached Garage: No
  • Parking Features:Assigned: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: Phoenix Union - Wilson College Preparatory
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Roosevelt Elementary School

Lot Info

  • Lot Size: 7541
  • Additional Parcels: No
  • Parcel #: 122-21-100

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 2
  • Annual Gross Income: 24468.0
  • Annual Operating Expense: 1194.0

Tax Info

  • Tax Annual Amount: 1194.0
  • Tax Book Number: 122.00
  • Tax Lot: 19

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

Closed on
Feb 5, 2024
Sold by
Bought by
Current Estimated Value
$542,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,900
Interest Rate
0.0695%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2024
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
$340,900
Interest Rate
0.0695%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 19, 2020
Closed on
Sep 15, 2020
Sold by
Bought by
Seller's Agent
Michael Hatch
Realty ONE Group
Buyer's Agent
Robert Tolnai
eXp Realty
List Price
$325,000
Sold Price
$316,000
Premium/Discount to List
-$9,000
-2.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.82%
Original Mortgage
$237,000
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2013
Sold by
Bought by

Purchase Details

Closed on
Mar 8, 2013
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
$138,818
Interest Rate
0.0349%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 14, 2011
Sold by
Bought by

Purchase Details

Closed on
Apr 21, 2010
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
$65,481
Interest Rate
0.0499%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 2010
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
$65,481
Interest Rate
0.0499%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 2009
Sold by
Bought by

Purchase Details

Closed on
Apr 20, 2009
Sold by
Bought by

Purchase Details

Closed on
Jun 13, 2005
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
$144,000
Interest Rate
0.0687%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 9, 2005
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
$45,000
Interest Rate
0.0553%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2005
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
$45,000
Interest Rate
0.0553%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2005
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
$45,000
Interest Rate
0.0553%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 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
$15,000
Interest Rate
0.0586%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2002
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
$109,000
Interest Rate
0.066%

Purchase Details

Closed on
Jun 14, 2002
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
$109,000
Interest Rate
0.066%
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

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
-- --
-- Great American Title Agency
$316,000 Great American Title
-- --
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
$64,198 None Available
-- Ticor Title Co Of California
-- Ticor Title Co Of California
-- Chicago Title Insurance Co
-- Chicago Title Insurance Co
$185,000 Chicago Title Insurance Co
$187,500 Tsa Title Agency
-- Century Title Agency
$16,500 Chicago Title Insurance Co
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 $340,900
Previous Owner $237,000
Previous Owner $138,818
Previous Owner $65,481
Previous Owner $144,000
Previous Owner $45,000
Previous Owner $45,000
Previous Owner $45,000
Previous Owner $15,000
Previous Owner $109,000
Previous Owner $16,500
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
10/26/2020 10/26/20 Sold $316,000 -2.8% $125 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
08/31/2020 08/31/20 For Sale $325,000 0.0% $129 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $325,000 -- $129 / 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 $1,320 $8,753
2024 $1,249 $8,336
2023 $1,249 $39,380 $7,870 $31,510
2022 $1,224 $24,660 $4,930 $19,730
2021 $1,249 $20,000 $4,000 $16,000
2020 $1,234 $18,030 $3,600 $14,430
2019 $1,194 $16,560 $3,310 $13,250
2018 $1,161 $13,760 $2,750 $11,010
2017 $1,107 $11,300 $2,260 $9,040
2016 $1,053 $9,950 $1,990 $7,960
2015 $991 $7,960 $1,590 $6,370
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Michael Hatch

    Realty One Group

    (480) 788-8038

    1 in this area

    26 Total Sales

    Michael Hatch
    Section Image
  • Max Dewitt

    Seller Co-Listing Agent in 2020

    Max Dewitt

    Realty One Group

    (602) 725-0604

    3 in this area

    182 Total Sales

    Max Dewitt
    Section Image
  • Robert Tolnai

    Buyer's Agent in 2020

    Robert Tolnai

    eXp Realty

    (602) 516-5360

    4 in this area

    73 Total Sales

    Robert Tolnai
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6119718

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-21-100

Arizona Maricopa County Phoenix 85040 South Mountain

4005 S 24th Place, Phoenix, AZ

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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