4037 S 12th St Phoenix, AZ 85040
South Mountain NeighborhoodEstimated payment $3,438/month
Highlights
- Popular Property
- Cooling Available
- Community Barbecue Grill
- Phoenix Coding Academy Rated A
About This Home
This is building 12, a fully functioning PadSplit, Coliving property. You get a multifamily duplex property that is a few months old! Each of the two units has 4 bedrooms & 2 bathrooms. Units are furnished and rented. Each unit is setup as a streamlined coliving property. Units have stainless steel appliances, quartz countertops in the kitchen & baths, & full size washer & dryer in the unit. This is a turnkey property that is established and operating with property manager is place.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $178
Year Built
- Built in 2025
Home Design
- Wood Frame Construction
- Foam Roof
- Stucco
Parking
- 4 Parking Spaces
- Carport
Utilities
- Cooling Available
- Air Source Heat Pump
- Natural Gas Not Available
- Master Water Meter
Additional Features
- Vertical Blinds
- Additional Parcels
Listing and Financial Details
- The owner pays for water, sewer, trash collection, landscaping
- Tax Lot 112
- Assessor Parcel Number 113-25-060
Community Details
Overview
- 2 Units
- Building Dimensions are 337X164
- Villas At 12Th Street Condominiums Subdivision
Amenities
- Community Barbecue Grill
Building Details
- Operating Expense $178
- Gross Income $812,250
- Net Operating Income $18,564
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $2,591 | $17,293 | $17,293 | -- |
| 2023 | $2,591 | $31,980 | $31,980 | $0 |
| 2022 | $2,540 | $26,475 | $26,475 | $0 |
| 2021 | $2,591 | $26,730 | $26,730 | $0 |
| 2020 | $2,559 | $24,960 | $24,960 | $0 |
| 2019 | $836 | $10,050 | $2,010 | $8,040 |
| 2018 | $814 | $8,170 | $1,630 | $6,540 |
| 2017 | $776 | $7,080 | $1,410 | $5,670 |
| 2016 | $738 | $6,350 | $1,270 | $5,080 |
| 2015 | $695 | $5,000 | $1,000 | $4,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/08/2026 04/08/26 | Price Changed | $650,000 | -91.8% | -- |
| 04/03/2026 04/03/26 | Price Changed | $7,950,000 | +1060.6% | -- |
| 04/02/2026 04/02/26 | For Sale | $685,000 | -91.4% | -- |
| 03/18/2026 03/18/26 | For Sale | $8,000,000 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7008184
APN: 113-25-005
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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Ask me questions while you tour the home.