Seller's Agent in 2025
Joseph Mahoney
JM Realty
(480) 785-5612
2 in this area
54 Total Sales
4012 S 3rd Ave Phoenix, AZ 85041
South Mountain NeighborhoodEstimated Value: $130,000 - $241,725
--
Bed
1
Bath
773
Sq Ft
$218/Sq Ft
Est. Value
Highlights
- Cooling Available
- Concrete Flooring
- 3-minute walk to Ho-E Mini Park
- Cesar E Chavez Community School Rated 9+
- Heating Available
About This Home
As of September 2025Don't miss out on this fantastic investment opportunity! This two-family home offers great potential for value-added improvements. Each unit features 1 bedroom and 1 bathroom, providing a comfortable living space. The property also boasts a fully fenced yard and an unfinished garage at the rear, offering additional possibilities for expansion or customization.Conveniently located near downtown Phoenix, this home is within close proximity to shopping centers, restaurants, and more.This property can also be purchased in conjunction with two adjacent properties: 313 W Jones Ave (20 units) and 4014 S 3rd Ave (2-family in 2 separate buildings), totaling 24 units for an incredible investment portfolio. Whether you're a seasoned investor or looking for a value-driven opportunity.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $334
Year Built
- Built in 1946
Flooring
- Concrete Flooring
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Paved Parking
- Assigned Parking
Schools
- South Mountain High School
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Assessor Parcel Number 113-04-023
Community Details
Overview
- 2 Units
- Building Dimensions are 40 x 149
- Southgate Park Subdivision
Building Details
- Operating Expense $334
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 17, 2025
Sold by
Greene Street Funding Trust and Us Bank National Association
Bought by
Ibanez Jose Luis Castro
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,217
Interest Rate
6.72%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 16, 2025
Sold by
Mike Johnson Enterprises Llc
Bought by
Greene Street Funding Trust and Us Bank National Association
Purchase Details
Closed on
Feb 28, 2022
Sold by
Mike Johnson Az Property Investments Llc
Bought by
Mike Johnson Enterprises Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,647,710
Interest Rate
3.55%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 22, 2020
Sold by
M & M Home Solutions Llc
Bought by
Webb Land Ivnestments Inc
Purchase Details
Closed on
Jun 19, 2020
Sold by
Guajardo Properties Llc
Bought by
M & M Home Solutions Llc
Purchase Details
Closed on
Jun 12, 2020
Sold by
Marcum Jerry and Marcum Sara
Bought by
Marcum Sara
Purchase Details
Closed on
Jun 3, 2019
Sold by
Napoles Estelita
Bought by
Marcum Sara
Purchase Details
Closed on
May 23, 2014
Sold by
Guajardo Christina
Bought by
Marcum Sara
Purchase Details
Closed on
Feb 11, 2013
Sold by
Marcum Sara and Guajardo Miguel
Bought by
Marcum Sara and Napoles Estelia
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ibanez Jose Luis Castro | $135,000 | None Listed On Document | |
| Greene Street Funding Trust | $2,715,000 | None Listed On Document | |
| Mike Johnson Enterprises Llc | -- | Pioneer Title | |
| Webb Land Ivnestments Inc | $395,000 | Pioneer Title Agency Inc | |
| M & M Home Solutions Llc | $365,000 | Pioneer Title Agency Inc | |
| Guajardo Properties Llc | -- | Pioneer Title Agency Inc | |
| Marcum Sara | -- | Pioneer Title Agency Inc | |
| Marcum Sara | -- | None Available | |
| Marcum Sara | -- | None Available | |
| Marcum Sara | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ibanez Jose Luis Castro | $198,217 | |
| Previous Owner | Mike Johnson Enterprises Llc | $2,647,710 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/17/2025 09/17/25 | Sold | $135,000 | -12.8% | $175 / Sq Ft |
| 08/09/2025 08/09/25 | Price Changed | $154,900 | 0.0% | $200 / Sq Ft |
| 06/17/2025 06/17/25 | Pending | -- | -- | -- |
| 06/16/2025 06/16/25 | Pending | -- | -- | -- |
| 05/07/2025 05/07/25 | Price Changed | $154,900 | -3.1% | $200 / Sq Ft |
| 03/05/2025 03/05/25 | For Sale | $159,900 | -- | $207 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $343 | $2,276 | -- | -- |
| 2024 | $325 | $2,168 | -- | -- |
| 2023 | $325 | $12,580 | $2,510 | $10,070 |
| 2022 | $318 | $9,210 | $1,840 | $7,370 |
| 2021 | $325 | $7,820 | $1,560 | $6,260 |
| 2020 | $321 | $6,370 | $1,270 | $5,100 |
| 2019 | $311 | $5,200 | $1,040 | $4,160 |
| 2018 | $302 | $4,220 | $840 | $3,380 |
| 2017 | $288 | $3,310 | $660 | $2,650 |
| 2016 | $274 | $2,710 | $540 | $2,170 |
| 2015 | $258 | $2,170 | $430 | $1,740 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Mahoney
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6830702
APN: 113-04-023
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.
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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