$330,000
SOLD NOV 6, 2023
-- Bed
-- Bath
2,400 Sq Ft
2007 Built

Recently Sold

$138 Per Sq Ft

17% Below List Price

20 Days on Market

Highlights

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

About This Home

As of November 2023

A fantastic diamond in the rough that is priced to sell!! Each side of this duplex is 1200 square feet and offers 3 bedrooms and 2 baths. Property is located at the end of the street with plenty of space for parking or playing. Only 20 minutes to downtown Phoenix or Tempe.
This property is in an opportunity zone!!

Last Agent to Sell the Property

Shelly Farley

RE/MAX Solutions License #BR516886000 Listed on: 09/27/2023

RE/MAX Solutions

Last Buyer's Agent

Paige Girard

E&I Real Estate License #BR696836000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $780

Year Built

  • Built in 2007

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking

Schools

  • Roosevelt Elementary School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for trash collection, electricity, water, sewer, cable TV
  • Tax Lot 1
  • Assessor Parcel Number 113-27-019

Community Details

Overview

  • 2 Units
  • Building Dimensions are irr
  • Norman Acres Subdivision

Building Details

  • Operating Expense $780
  • Gross Income $25,080
  • Net Operating Income $25,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$780

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Cross Street: Broadway/16th Street
  • Property Type: Multiple Dwellings
  • Zoning: R4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2007
  • Tax Year: 2022
  • Directions: From 16th/Broadway go west to 15th street, then north to property. Property is at the end of the street in left side
  • Road Surface Type: Asphalt
  • Subdivision Name: Norman Acres
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

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

Utilities

  • Electric: SRP, Individual Meter
  • 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

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Roosevelt Elementary School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 113-27-019

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Electricity, Water, Sewer, Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 25080.0
  • Property Net Operating Income: 25080.0
  • Annual Operating Expense: 780.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 780.0
  • Tax Book Number: 113.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2024
Sold by
King Hansel
Bought by
Corral Julia Hernandez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Outstanding Balance
$504,084
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$361,802

Purchase Details

Listed on
Sep 27, 2023
Closed on
Nov 6, 2023
Sold by
Kent Michael D
Bought by
King Hansel
Seller's Agent
Shelly Farley
RE/MAX Solutions
Buyer's Agent
Paige Girard
E&I Real Estate
List Price
$399,000
Sold Price
$330,000
Premium/Discount to List
-$69,000
-17.29%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.38%

Purchase Details

Closed on
Jan 7, 2021
Sold by
Kent Michael D
Bought by
Kent Michael D and Michael D Kent Trust

Purchase Details

Listed on
Jul 1, 2020
Closed on
Aug 14, 2020
Sold by
Morris Newsom Crystal
Bought by
Kent Michael
Seller's Agent
Crystal Morris
Obadiah Realty
Buyer's Agent
Bryan Pankau
Keller Williams Integrity First
List Price
$280,000
Sold Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.73%
Original Mortgage
$210,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2020
Closed on
Aug 13, 2020
Sold by
Barton Nichole Marie and Kent Michael
Bought by
Kent Michael
Seller's Agent
Crystal Morris
Obadiah Realty
Buyer's Agent
Bryan Pankau
Keller Williams Integrity First
List Price
$280,000
Sold Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 2, 2020
Closed on
Jan 24, 2020
Sold by
Michel Gilbert E and Michel Sarah A
Bought by
Morris Newsom Crystal
Seller's Agent
Sarah Michel
Liz Harris Realty
Buyer's Agent
Crystal Morris
Obadiah Realty
List Price
$285,000
Sold Price
$220,000
Premium/Discount to List
-$65,000
-22.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.46%
Original Mortgage
$209,000
Interest Rate
3.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 16, 2017
Sold by
Xenon Homes Llc
Bought by
Michel Gilbert E and Michel Sarah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,850
Interest Rate
7.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 9, 2017
Closed on
Apr 27, 2017
Sold by
Boulder 2000 Llc
Bought by
Xenon Homes Llc
Seller's Agent
Chris Bianco
Civic Center Real Estate
Buyer's Agent
Johanna Clauss
DPR Realty LLC
List Price
$199,000
Sold Price
$185,000
Premium/Discount to List
-$14,000
-7.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.63%

Purchase Details

Closed on
Sep 19, 2005
Sold by
Azamco
Bought by
Boulder 2000 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2005
Sold by
Lujan Mary Ordaz
Bought by
Azamco
Source: Public Records

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Range of Values:

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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
Warranty Deed $600,000 First Integrity Title Agency O
Warranty Deed $330,000 American Title Service Agency
Deed -- None Listed On Document
Warranty Deed $280,000 Great American Title Agency
Interfamily Deed Transfer -- Great American Title Agency
Warranty Deed $220,000 Great American Title Agency
Interfamily Deed Transfer -- Driggs Title Agency Inc
Warranty Deed $185,000 Wfg National Title Insurance
Warranty Deed $40,000 --
Cash Sale Deed $35,000 Westland Title Agency Of Az
Quit Claim Deed -- Westland Title Agency Of Az
Quit Claim Deed -- Westland Title Agency Of Az
Quit Claim Deed -- Westland Title Agency Of Az
Quit Claim Deed -- Westland Title Agency Of Az
Quit Claim Deed -- Westland Title Agency Of Az
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $510,000 New Conventional
Previous Owner $247,200 New Conventional
Previous Owner $210,000 New Conventional
Previous Owner $209,000 Commercial
Previous Owner $116,850 Adjustable Rate Mortgage/ARM
Previous Owner $851,430 Stand Alone Refi Refinance Of Original Loan
Previous Owner $1,000,000 Unknown
Previous Owner $70,000 Purchase Money Mortgage
Previous Owner $4,556,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 For Sale $900,000 +172.7% --
11/06/2023 11/06/23 Sold $330,000 -5.7% $138 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
10/06/2023 10/06/23 Price Changed $349,900 -5.4% $146 / Sq Ft
10/03/2023 10/03/23 Price Changed $369,900 -7.3% $154 / Sq Ft
09/27/2023 09/27/23 For Sale $399,000 +42.5% $166 / Sq Ft
08/14/2020 08/14/20 Sold $280,000 0.0% $117 / Sq Ft
07/12/2020 07/12/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $280,000 +27.3% $117 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
02/10/2020 02/10/20 Sold $220,000 -21.4% $92 / Sq Ft
01/29/2020 01/29/20 Price Changed $280,000 0.0% $117 / Sq Ft
01/15/2020 01/15/20 Pending -- -- --
01/13/2020 01/13/20 Price Changed $280,000 -1.8% $117 / Sq Ft
01/13/2020 01/13/20 For Sale $285,000 0.0% $119 / Sq Ft
01/10/2020 01/10/20 Pending -- -- --
12/27/2019 12/27/19 For Sale $285,000 +54.1% $119 / Sq Ft
04/28/2017 04/28/17 Sold $185,000 -7.0% $77 / Sq Ft
04/17/2017 04/17/17 Pending -- -- --
03/26/2017 03/26/17 For Sale $199,000 0.0% $83 / Sq Ft
03/14/2017 03/14/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $199,000 -- $83 / 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 $819 $5,576 -- --
2024 $796 $5,310 -- --
2023 $796 $33,700 $6,740 $26,960
2022 $780 $20,160 $4,030 $16,130
2021 $796 $17,810 $3,560 $14,250
2020 $786 $14,960 $2,990 $11,970
2019 $760 $13,130 $2,620 $10,510
2018 $740 $10,750 $2,150 $8,600
2017 $705 $8,810 $1,760 $7,050
2016 $671 $7,630 $1,520 $6,110
2015 $631 $8,030 $1,600 $6,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6610410

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-27-019