NOT LISTED FOR SALE

4142 N 9th Ave Phoenix, AZ 85013

Estimated Value: $586,000 - $721,000

5 Beds
-- Bath
1,452 Sq Ft
$451/Sq Ft Est. Value

Last Sold January 20, 2023

Last sale price $675,000 $465 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,664/month

24 Days on Market

Highlights

  • RV or Boat Parking
  • Multiple cooling system units
  • Central Heating
  • Phoenix Coding Academy Rated A
  • Community Playground
  • Ceiling Fan

About This Home

As of January 2023

The Woodlea is a stunning, totally rebuilt mid century style 2 unit duplex located in the heart of the Woodlea/ Melrose historic district. One 3 BR and one 2 BR unit each with private yards . It is literally across the street from nationally recognized Valentines/ Restaurant 1/2 block from from Copperstar Coffee and a short walk to all the coveted boutiques and restaurants the Melrose district has to offer. Basically everything in the home is new and it includes a private 2 car garage and a Huge Yard . Features include Gas Ranges. Quartz Counters, Tankless Hot Water, a beautiful warm color palette and a private laundries for each unit . The huge private yard is shaded from the mature tree canopy, a perfect spot to enjoy morning coffee and entertaining. Woodlea living at its finest. 2 New HVAC units, New Electric Panel and wiring, New Roof, New Windows, All new drywall finish and paint , New Kitchens and Bathrooms, New Flooring, lighting , new doors, new blinds , new landscaping etc

Last Agent to Sell the Property

Craig Young

REI Marketing License #BR107286000 Listed on: 11/20/2022

Co-Listed By

Nathan Ottosen

REI Marketing License #BR639651000

Last Buyer's Agent

Eric Saenz

Berkshire Hathaway HomeServices Arizona Properties License #SA674080000

Berkshire Hathaway HomeServices Arizona Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,121

Year Built

  • Built in 1974

Lot Details

  • 5,924

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Over 1 Space Per Unit
  • Automatic Garage Door Opener
  • RV or Boat Parking

Schools

  • Encanto Elementary School
  • Osborn Middle School
  • Central High School

Utilities

  • Multiple cooling system units
  • Multiple Heating Units
  • Central Heating
  • Heat Pump System
  • Individual Controls for Heating
  • Master Water Meter

Additional Features

  • Ceiling Fan
  • Property fronts an alley

Listing and Financial Details

  • The owner pays for water, landscaping
  • Assessor Parcel Number 155-39-074-A

Community Details

Overview

  • 2 Units
  • Building Dimensions are irregular
  • Woodlea Blocks 3 Thru 6 11 12 Subdivision

Recreation

  • Community Playground

Building Details

  • Operating Expense $8,081
  • Gross Income $47,663
  • Net Operating Income $43,212

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,121

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Cross Street: 7th Ave and Indian School
  • Property Type: Multiple Dwellings
  • Zoning: R1-6
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1974
  • Tax Year: 2021
  • Directions: Indian School north of 7th ave to Mackenzie
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Co List Office Mls Id: reim001
  • Co List Office Phone: 602-715-0232
  • Subdivision Name: WOODLEA BLOCKS 3 THRU 6 11 12
  • Tax Parcel Letter: A
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Community Features Play Area: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Microwave, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV Access/Parking, Garage Door Opener, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Exterior Amenities:RVBoat Parking: Yes
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features RVBoat Parking2: Yes
  • Parking Features Auto Door Opener: Yes

Utilities

  • Electric: APS, Master Meter
  • Cooling: Ceiling Fan(s), Electric, Heat Pump, Individual, 2 or More Units
  • Heating: Individual, Central, Heat Pump, 2 or More Units
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes
  • Electric Master Meter: Yes

Condo/Co-op/Association

  • Community Features: Play Area

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Fuel Expense: 720.0
  • Annual Water Sewer Expense: 1200.0

Schools

  • Elementary School: Encanto School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Lot Size: irregular
  • Additional Parcels: No
  • Parcel #: 155-39-074-A

Multi Family

  • Owner Pays: Water, Landscaping
  • Number Of Units Total: 2
  • Electric Expense: 2400.0
  • Annual Gross Income: 47663.4
  • Insurance Expense: 1200.0
  • Property Net Operating Income: 43212.0
  • Annual Operating Expense: 8081.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1121.0
  • Tax Book Number: 155.00
  • Tax Lot: NA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2022
Closed on
Jan 20, 2023
Sold by
Craig Young Pc Defined Benefit Pension P
Bought by
Richter Theodore
Seller's Agent
Craig Young
REI Marketing
Buyer's Agent
Eric Saenz
Berkshire Hathaway HomeServices Arizona Properties
List Price
$675,000
Sold Price
$675,000
Views
60
Current Estimated Value
$654,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,100
Avg. Annual Appreciation
2.20%

Purchase Details

Listed on
Jan 29, 2022
Closed on
Mar 9, 2022
Sold by
Scott Miller
Bought by
Young Craig and Craig Young Pc Defined Benefit
Seller's Agent
Linda Lesser Nyquist
My Home Group Real Estate
Buyer's Agent
Craig Young
REI Marketing
List Price
$350,000
Sold Price
$380,000
Premium/Discount to List
$30,000
8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
95.05%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Richter Theodore $675,000 Chicago Title
Young Craig $380,000 Chicago Title
Young Craig $380,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Ron $50,817
Previous Owner Miller Ron $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2023 01/20/23 Sold $675,000 0.0% $465 / Sq Ft
11/20/2022 11/20/22 For Sale $675,000 +77.6% $465 / Sq Ft
03/11/2022 03/11/22 Sold $380,000 +8.6% $262 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
01/29/2022 01/29/22 For Sale $350,000 -- $241 / 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 $1,157 $8,282 -- --
2024 $1,121 $7,888 -- --
2023 $1,121 $36,160 $7,230 $28,930
2022 $1,121 $23,170 $4,630 $18,540
2021 $1,137 $20,600 $4,120 $16,480
2020 $1,085 $18,480 $3,690 $14,790
2019 $1,048 $17,120 $3,420 $13,700
2018 $1,017 $15,500 $3,100 $12,400
2017 $935 $11,880 $2,370 $9,510
2016 $905 $9,530 $1,900 $7,630
2015 $853 $7,310 $1,460 $5,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6491991

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-39-074A