NOT LISTED FOR SALE
1 Bed
-- Bath
1,095 Sq Ft
1973 Built

Sale Details

Date Sold: June 27, 2016

Last sale price $2,080,000 $1,900 Per Sq Ft

252 Days on Market

Highlights

  • Heated Community Pool
  • Cooling System Mounted To A Wall/Window
  • Individual Controls for Heating
  • Longview Elementary School Rated 9+
  • Community Barbecue Grill

About This Home

As of June 2016

Studio on 12th is an apartment community dedicated to studios, arranged around a sparking pool & courtyard in Midtown Phoenix; the perfect choice for those looking for a streamlined and minimalist approach to living.

Last Agent to Sell the Property

Jeff Seaman

CBRE, Inc License #SA551921000 Listed on: 08/21/2015

Last Buyer's Agent

David Johnson

Dave Johnson Realty License #BR626902000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,832

Year Built

  • Built in 1973

Home Design

  • Built-Up Roof
  • Block Exterior

Parking

  • 41 Open Parking Spaces
  • 41 Parking Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Individual Controls for Heating
  • Separate Meters
  • Master Water Meter

Listing and Financial Details

  • The owner pays for water, sewer
  • Assessor Parcel Number 155-16-049

Community Details

Overview

  • 41 Units
  • Building Dimensions are 27878

Amenities

  • Community Barbecue Grill

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $124,222
  • Gross Income $257,086
  • Net Operating Income $150,670

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,832

Year Built

Built in 1973

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 1
  • Year Built: 1973
  • Tax Year: 2014
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 41.0
  • Total Parking Spaces: 41.0
  • General Property Description:Uncvrd Parking Spcs: 41.0
  • General Property Description:Total Parking Spcs: 41.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Individual, Wall/Window Unit(s)
  • Heating: Individual
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: Barbecue, Pool

Association/Amenities

  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Community Amenities:Pool2: Yes
  • Interior Amenities:Other (See Remarks)51: Yes
  • Community Amenities:Barbecue: Yes

Lot Info

  • Lot Size: 27878
  • Additional Parcels: No
  • Parcel #: 155-16-049

Multi Family

  • Owner Pays: Water, Sewer
  • Number Of Units Total: 41
  • Annual Gross Income: 257086.08
  • Property Net Operating Income: 150670.0
  • Annual Operating Expense: 124222.42
  • Vacancy Allowance Rate: 0.04

Tax Info

  • Tax Annual Amount: 4832.42
  • Tax Book Number: 155.00
  • Tax Lot: 0

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Outstanding Balance
$1,942,096
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 21, 2015
Closed on
Jun 27, 2016
Sold by
Bought by
Seller's Agent
Jeff Seaman
CBRE, Inc
Buyer's Agent
David Johnson
Dave Johnson Realty
List Price
$2,200,000
Sold Price
$2,080,000
Premium/Discount to List
-$120,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 7, 2003
Sold by
Bought by

Purchase Details

Closed on
Aug 4, 2000
Sold by
Bought by

Purchase Details

Closed on
May 10, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.22%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 2, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.22%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 11, 1999
Sold by
Bought by

Purchase Details

Closed on
Aug 1, 1995
Sold by
Bought by
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

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 Buyer Sale Price Title Company
$3,150,000 Fidelity National Title Agen
$2,080,000 Fidelity Natl Title Agency I
$1,500,000 Fidelity National Title Ins
-- --
-- First American Title
$615,000 First American Title Ins
$130,000 --
$560,000 United Title Agency
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $2,250,000
Previous Owner $1,300,000
Previous Owner $410,000
Previous Owner $2,000,000
Previous Owner $80,000
Source: Public Records

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
06/04/2026 06/04/26 Off Market $725 -- --
12/11/2025 12/11/25 For Rent $725 0.0% --
09/10/2025 09/10/25 Off Market $725 -- --
05/22/2025 05/22/25 For Rent $725 0.0% --
06/27/2016 06/27/16 Sold $2,080,000 -5.5% $1,900 / Sq Ft
04/29/2016 04/29/16 Pending -- -- --
08/21/2015 08/21/15 For Sale $2,200,000 -- $2,009 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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
2025 $6,944 $53,474
2024 $6,482 $50,928
2023 $6,482 $389,080 $77,810 $311,270
2022 $6,447 $255,060 $51,010 $204,050
2021 $6,556 $233,930 $46,780 $187,150
2020 $6,390 $185,830 $37,160 $148,670
2019 $6,113 $176,680 $35,330 $141,350
2018 $5,911 $149,200 $29,840 $119,360
2017 $5,426 $86,170 $17,230 $68,940
2016 $5,235 $97,050 $19,410 $77,640
2015 $4,866 $84,860 $16,970 $67,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5324189

Arizona Regional Multiple Listing Service (ARMLS)
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