4037 S 12th St Phoenix, AZ 85040
South Mountain NeighborhoodEstimated payment $3,401/month
Highlights
- Cooling Available
- Phoenix Coding Academy Rated A
- Community Barbecue Grill
About This Home
This property is one of has 12 total buildings and 24 units. Newer construction so property is not fully occupied. Rental data is for the past few months from when the certificate of occupancy was obtained and in the documents area. See the quality finishes, including quartz countertops, stainless steel appliance, inside laundry in all units, and more. Priced below appraisals for a quick sale. You can purchase one or more buildings as the have separate parcel numbers.
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
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 |
|---|---|---|---|---|
| 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
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 |
|---|---|---|---|---|
| 06/05/2026 06/05/26 | Price Changed | $625,000 | -91.4% | -- |
| 06/05/2026 06/05/26 | Price Changed | $7,250,000 | +958.4% | -- |
| 04/26/2026 04/26/26 | Price Changed | $685,000 | +5.4% | -- |
| 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
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Ask me questions while you tour the home.