$356,000
SOLD JAN 27, 2020
-- Bed
-- Bath
1,970 Sq Ft
6,708 Sq Ft Lot

Recently Sold

$181 Per Sq Ft

41 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Individual Controls for Heating
  • Phoenix Coding Academy Rated A

About This Home

As of January 2020

DUPLEX located in the Central Corridor: Unit #1 has tile floor throughout, remodeled bathroom, updated kitchen appliances, laundry equipment inside. Unit #2 has designer floor tile throughout, ceramic kitchen countertop, stainless steel appliances, and laundry equipment inside. This property has been well maintained in order to keep loyal tenants. Driveway and/or carport correlating with each unit. This property has the ability to be converted into multi-family, high density residence (R4 zoning). Build something new, or live in one and rent the other!

Last Agent to Sell the Property

Kathleen Millar

Keller Williams Arizona Realty License #SA682252000 Listed on: 09/30/2019

Keller Williams Arizona Realty

Last Buyer's Agent

Randall Micula

West USA Realty License #SA680722000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,140

Year Built

  • Built in 1950

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Built-Up Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking
  • On-Street Parking

Schools

  • Union Elementary School
  • Central High Middle School
  • Phoenix Union - Wilson College Preparatory High School

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for trash collection, gas, electricity, water, sewer, cable TV
  • The owner pays for landscaping
  • Tax Lot 55
  • Assessor Parcel Number 155-32-055

Community Details

Overview

  • 2 Units
  • Building Dimensions are 6571
  • Indian Park Subdivision

Building Details

  • Operating Expense $4,090
  • Gross Income $21,261
  • Net Operating Income $20,358

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,140

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: Indian School and 3rd avenue
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1950
  • Mobile Home Prk Info Total Number Spaces: 2
  • Tax Year: 2019
  • Directions: Right on 3rd Avenue when heading westbound on Indian School. Property resides on the left before W Monterosa St.
  • Road Surface Type: Asphalt
  • Subdivision Name: INDIAN PARK
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: BI Oven/Range, Microwave, Washer/Dryer, W/D Hookup
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block, Brick
  • Roof: Composition, Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: 1 Space/Unit, Street Parking, Common
  • Attached Garage: No
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes

Utilities

  • Electric: City Electric
  • Cooling: Electric, Individual
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Union Elementary School
  • High School: Phoenix Union - Wilson College Preparatory
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Central High School

Lot Info

  • Lot Size: 6571
  • Additional Parcels: No
  • Parcel #: 155-32-055

Multi Family

  • Owner Pays: Landscaping
  • Tenant Pays: Trash Collection, Gas, Electricity, Water, Sewer, Cable TV
  • Number Of Units Total: 2
  • Electric Expense: 1000.0
  • Annual Gross Income: 21261.0
  • Insurance Expense: 1000.0
  • Maintenance Expense: 500.0
  • Property Net Operating Income: 20358.0
  • Annual Operating Expense: 4090.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1140.0
  • Tax Book Number: 155.00
  • Tax Lot: 55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2022
Sold by
Mather Roberta L
Bought by
Treankler Erin and Campbell Robyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$509,250
Outstanding Balance
$484,387
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$300,829

Purchase Details

Listed on
Sep 30, 2019
Closed on
Dec 19, 2019
Sold by
Poggi Edith E and Edith E Poggi Revocable Trust
Bought by
Mather Roberta L
Seller's Agent
Kathleen Millar
Keller Williams Arizona Realty
Buyer's Agent
Randall Micula
West USA Realty
List Price
$355,000
Sold Price
$356,000
Premium/Discount to List
$1,000
0.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.65%
Original Mortgage
$267,000
Interest Rate
3.7%
Mortgage Type
New Conventional
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 $679,000 Stewart Title & Trust Of Phoen
Warranty Deed $356,000 Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $509,250 New Conventional
Closed $509,250 New Conventional
Previous Owner $267,000 New Conventional
Previous Owner $92,400 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2025 03/03/25 For Sale $800,000 +124.7% --
01/27/2020 01/27/20 Sold $356,000 +0.3% $181 / Sq Ft
01/10/2020 01/10/20 For Sale $355,000 0.0% $180 / Sq Ft
01/10/2020 01/10/20 Price Changed $355,000 0.0% $180 / Sq Ft
01/07/2020 01/07/20 For Sale $355,000 0.0% $180 / Sq Ft
01/07/2020 01/07/20 Price Changed $355,000 0.0% $180 / Sq Ft
09/30/2019 09/30/19 For Sale $355,000 -- $180 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

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 $1,251 $9,971 -- --
2024 $1,209 $9,497 -- --
2023 $1,209 $40,850 $8,170 $32,680
2022 $1,202 $33,760 $6,750 $27,010
2021 $1,222 $31,050 $6,210 $24,840
2020 $1,192 $25,430 $5,080 $20,350
2019 $1,140 $18,470 $3,690 $14,780
2018 $1,102 $14,800 $2,960 $11,840
2017 $1,012 $14,900 $2,980 $11,920
2016 $976 $11,070 $2,210 $8,860
2015 $907 $8,850 $1,770 $7,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5996364

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-32-055