$140K PRICE DROP
PRE-FORECLOSURE
The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.
4050 N 12th St Unit 1 Phoenix, AZ 85014
Estimated payment $3,574/month
Total Views
4,096
3
Beds
2.5
Baths
1,779
Sq Ft
$337
Price per Sq Ft
Highlights
- Contemporary Architecture
- No HOA
- Double Pane Windows
- Phoenix Coding Academy Rated A
- Eat-In Kitchen
- Dual Vanity Sinks in Primary Bathroom
About This Home
MUST SELL - Priced BELOW Appraised value. Lender directed liquidation. Centered in midtown Phoenix at the Northeast corner of Encanto Village sits these newer ultra-modern townhomes. Minutes to Uptown, Downtown, the 101, 10 and 51. So close to all that central Phoenix has to offer; hiking, sporting venues, music venues, food scene and nightlife. Near many of the major area hospitals such as Phoenix Children's Hospital, Banner University Medical Center and VA Medical Center. Walking distance to the light-rail that runs on Central connecting Uptown to Downtown Phoenix, and extending as far as Mesa. The townhomes boast modern finishes that can also be upgraded prior to moving in, if you choose to make your home a real showpiece. First level offers an open floor plan and kitchen with energy-efficient appliances, quartz countertops rich wood cabinetry and a large center island. Spacious and light-filled 3 bedrooms on the second level feature 9ft+ ceilings and more than one flex space giving you extra room for family, den or office. You can see Camelback and Piestewa out of the primary bedrooms. Private courtyard in the front for outdoor dining, entertaining and relaxing. This home is an end unit. Modern technology; pre-wired for EV charging, LAN, TV, Ring door bell, garage smartphone enabled door. Also, solar ready; home was pre-wired during construction so no additional electronic work needed when installing panels.
Listing Agent
Russ Lyon Sotheby's International Realty License #SA700153000 Listed on: 01/09/2025
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,658
Year Built
- Built in 2022
Lot Details
- 1,651 Sq Ft Lot
- Desert faces the front of the property
- 1 Common Wall
- Block Wall Fence
Parking
- 2 Car Garage
- Electric Vehicle Home Charger
- Common or Shared Parking
- Garage Door Opener
Home Design
- Contemporary Architecture
- Wood Frame Construction
- Foam Roof
- Stucco
Interior Spaces
- 1,779 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Double Pane Windows
- ENERGY STAR Qualified Windows with Low Emissivity
Kitchen
- Eat-In Kitchen
- Electric Cooktop
- Built-In Microwave
- ENERGY STAR Qualified Appliances
- Kitchen Island
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bathroom is a Full Bathroom
- 2.5 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
Outdoor Features
- Patio
- Outdoor Storage
Schools
- Longview Elementary School
- Osborn Middle School
- North High School
Utilities
- Central Air
- Heating Available
- High Speed Internet
- Cable TV Available
Additional Features
- ENERGY STAR Qualified Equipment for Heating
- Property is near a bus stop
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 118-03-067
Community Details
Overview
- No Home Owners Association
- Association fees include no fees
- Built by MetroTown Development
- Moli Gardens 2 Subdivision
Recreation
- Bike Trail
Map
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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 |
|---|---|---|---|---|
| 2025 | $2,658 | $21,178 | -- | -- |
| 2024 | $2,567 | $20,169 | -- | -- |
| 2023 | $2,567 | $33,700 | $6,740 | $26,960 |
| 2022 | $441 | $5,040 | $5,040 | $0 |
| 2021 | $449 | $5,280 | $5,280 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/06/2025 05/06/25 | Price Changed | $600,000 | -18.9% | $337 / Sq Ft |
| 04/26/2025 04/26/25 | Price Changed | $739,900 | 0.0% | $416 / Sq Ft |
| 04/26/2025 04/26/25 | For Sale | $739,900 | +23.3% | $416 / Sq Ft |
| 04/25/2025 04/25/25 | Sold | $600,000 | -18.9% | $337 / Sq Ft |
| 01/09/2025 01/09/25 | For Sale | $739,900 | -- | $416 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $3,374,000 | New Conventional | |
| Closed | $206,000 | New Conventional | |
| Closed | $3,432,000 | New Conventional | |
| Closed | $2,850,000 | Construction | |
| Closed | $2,058,000 | Credit Line Revolving | |
| Closed | $2,058,000 | Construction |
Source: Public Records
Similar Homes in Phoenix, AZ
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6793351
APN: 118-03-067
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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