$1,170,000
SOLD MAR 18, 2026
-- Bed
-- Bath
3,044 Sq Ft
1963 Built

Sale Details

Date Sold: March 18, 2026

$384 Per Sq Ft

2% Below List Price

125 Days on Market

Highlights

  • Solar Power System
  • Shutters
  • Patio
  • Phoenix Coding Academy Rated A
  • Cooling Available
  • Heating system powered by solar not connected to the grid

About This Home

As of March 2026

Grossing $7,650 a month. With OWNED solar panels. Individual meters. Recently updated roof, partial plumbing, dual-pane, HVAC and water heaters- 3 years old.
Ability to increase rents/ add rubs. Exact same 2-bedroom, 1-bathroom layout. Every unit is equipped with a full-size stackable washer and dryer, with its own private patio and low-maintenance yard. Each tenant has covered parking! Situated in a rapidly developing neighborhood.

Last Agent to Sell the Property

Diana Yescas Navarro

The Ave Collective License #SA692049000 Listed on: 10/14/2025

Last Buyer's Agent

Nancy Naysan

Compass License #SA679313000

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $930

Year Built

  • Built in 1963

Lot Details

  • Fenced
  • Desert Landscape

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Home Security

  • Security Lights
  • Fire and Smoke Detector

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • Carport
  • Free Parking

Eco-Friendly Details

  • Solar Power System
  • Heating system powered by solar not connected to the grid

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Not Available

Additional Features

  • Shutters
  • Patio

Listing and Financial Details

  • The owner pays for water, sewer, electricity, trash collection, landscaping
  • Tax Lot 23
  • Assessor Parcel Number 125-20-025

Community Details

Overview

  • 4 Units
  • Building Dimensions are 82.81x94.28x82.81x94.27
  • Whispering Sands Subdivision

Building Details

  • Operating Expense $13,315
  • Gross Income $91,800
  • Net Operating Income $77,687

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$930

Year Built

Built in 1963

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 40th St and McDowell
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Subdivision Name: WHISPERING SANDS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free-Standing Range, Refrigerator, Dishwasher, Disposal, Microwave, Washer/Dryer

Exterior Features

  • Disclosures: None
  • Construction Type: Block, Stucco
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Open, Carport, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 6.0

Utilities

  • Electric: Solar
  • Cooling: Electric, Varies by Unit
  • Heating: Varies by Unit, Solar
  • Security: Security Light(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Water Sewer Expense: 4608.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 82.81x94.28x82.81x94.27
  • Additional Parcels: No
  • Parcel #: 125-20-025

Multi Family

  • Owner Pays: Water, Sewer, Electricity, Trash Collection, Landscaping, See Remarks
  • Tenant Pays: See Remarks
  • Number Of Units Total: 4
  • Electric Expense: 3000.0
  • Annual Gross Income: 91800.0
  • Insurance Expense: 2777.0
  • Maintenance Expense: 1500.0
  • Property Net Operating Income: 77687.0
  • Annual Operating Expense: 13315.0

Tax Info

  • Tax Annual Amount: 930.0
  • Tax Book Number: 125.0
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2025
Closed on
Mar 17, 2026
Sold by
Christopher Rakoski
Bought by
Mys Barakath Real Estate Llc
Seller's Agent
Diana Yescas Navarro
The Ave Collective
Buyer's Agent
Nancy Naysan
Compass
List Price
$1,190,000
Sold Price
$1,170,000
Premium/Discount to List
-$20,000
-1.68%
Views
94

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-33.93%

Purchase Details

Listed on
May 3, 2023
Closed on
Jun 16, 2023
Sold by
40Th Street Investments Llc
Bought by
Rakoski Christopher
Seller's Agent
Dallin Hammond
ABI Multifamily
Buyer's Agent
Diana Yescas Navarro
The Ave Collective
List Price
$1,100,000
Sold Price
$1,100,000
Views
82

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.26%
Original Mortgage
$1,136,300
Interest Rate
6.39%
Mortgage Type
VA

Purchase Details

Closed on
Nov 8, 2021
Sold by
Green Home Rentals Llc
Bought by
40Th Street Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,831,420
Interest Rate
3.01%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Sep 1, 2016
Closed on
Sep 1, 2016
Sold by
Geer Howard R
Bought by
Green Home Rentals Llc
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
List Price
$229,000
Sold Price
$225,000
Premium/Discount to List
-$4,000
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.48%

Purchase Details

Closed on
Jan 20, 2009
Sold by
First Horizon Home Loans
Bought by
Geer Howard R

Purchase Details

Closed on
Oct 15, 2008
Sold by
Newhall Darrell
Bought by
First Horizon Home Loans

Purchase Details

Closed on
Nov 23, 2005
Sold by
Segura Martin and Segura Rosa M
Bought by
Newhall Darrell W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,875
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2004
Sold by
Ianc Florin
Bought by
Segura Martin and Segura Rosa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,496
Interest Rate
5.56%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 5, 2003
Sold by
Ianc Alina
Bought by
Ianc Florin

Purchase Details

Closed on
Mar 29, 2001
Sold by
Pescador Pablo R and Pescador Candelaria
Bought by
Rodriguez Jennifer and Rodriguez Juan A

Purchase Details

Closed on
Feb 23, 2000
Sold by
Parry Holdings Corp
Bought by
Pescador Pablo R and Pescador Candelaria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,425
Interest Rate
8.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2000
Sold by
Walton James J and Walton Jean A
Bought by
Parry Holdings Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,425
Interest Rate
8.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2000
Sold by
Parry Holdings Corp
Bought by
Pescador Pablo R and Pescador Candelaria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,425
Interest Rate
8.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 1995
Sold by
Walton James J and Walton Jean A
Bought by
Walton James J and Walton Jean A

Purchase Details

Closed on
Sep 23, 1977
Sold by
Hancock Norman and Hancock Muriel
Bought by
Walton James J and Walton Jean A

Purchase Details

Closed on
Sep 30, 1975
Sold by
Sluder Nolan D and Sluder Mildred F
Bought by
Walton James J and Walton Jean A
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

Date Type Sale Price Title Company
Warranty Deed $1,170,000 Liberty Title
Warranty Deed $1,100,000 Navi Title Agency
Special Warranty Deed $1,890,000 Commonwealth Title
Warranty Deed $225,000 Chicago Title Agency Inc
Cash Sale Deed $57,500 The Talon Group Surprise
Trustee Deed $161,500 None Available
Warranty Deed $247,500 Land Title Agency Of Az Inc
Warranty Deed $210,000 Capital Title Agency Inc
Interfamily Deed Transfer -- American Title Ins Agency Az
Warranty Deed -- --
Warranty Deed $101,500 Capital Title Agency
Warranty Deed -- Capital Title Agency
Warranty Deed $101,500 Capital Title Agency
Interfamily Deed Transfer -- --
Joint Tenancy Deed -- Stewart Title & Trust
Joint Tenancy Deed -- Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,136,300 VA
Previous Owner $1,831,420 Future Advance Clause Open End Mortgage
Previous Owner $160,875 Purchase Money Mortgage
Previous Owner $145,496 Seller Take Back
Previous Owner $96,425 New Conventional
Previous Owner $81,200 New Conventional
Closed $10,100 No Value Available
Closed $43,503 No Value Available
Closed $61,875 No Value Available
Closed $0 Seller Take Back
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2026 03/18/26 Sold $1,170,000 -1.7% $384 / Sq Ft
03/16/2026 03/16/26 Price Changed $1,190,000 0.0% $391 / Sq Ft
02/16/2026 02/16/26 Pending -- -- --
02/13/2026 02/13/26 Pending -- -- --
10/14/2025 10/14/25 For Sale $1,190,000 +8.2% $391 / Sq Ft
06/16/2023 06/16/23 Sold $1,100,000 0.0% $361 / Sq Ft View Prior Sale
05/04/2023 05/04/23 For Sale $1,100,000 +388.9% $361 / Sq Ft
09/02/2016 09/02/16 Sold $225,000 -1.7% $74 / Sq Ft View Prior Sale
09/01/2016 09/01/16 Pending -- -- --
09/01/2016 09/01/16 For Sale $229,000 -- $75 / 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 $988 $7,744 -- --
2024 $921 $7,375 -- --
2023 $921 $48,710 $9,740 $38,970
2022 $888 $31,770 $6,350 $25,420
2021 $903 $25,160 $5,030 $20,130
2020 $886 $20,760 $4,150 $16,610
2019 $883 $16,850 $3,370 $13,480
2018 $831 $14,950 $2,990 $11,960
2017 $797 $14,120 $2,820 $11,300
2016 $779 $8,220 $1,640 $6,580
2015 $731 $7,160 $1,430 $5,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6933173

Arizona Regional Multiple Listing Service (ARMLS)

APN: 125-20-025

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