417 N 18th Dr Phoenix, AZ 85007
Governmental Mall Neighborhood
--
Bed
--
Bath
1,128
Sq Ft
1983
Built
Highlights
- Cooling Available
- Vinyl Flooring
- Individual Controls for Heating
- Phoenix Coding Academy Rated A
About This Home
As of July 2025Fourplex Investment Opportunity Near Downtown Phoenix - The property includes one 3-bedroom, 1-bath detached home and three 1-bedroom, 1-bath apartments, all with matching layouts. Currently 75% occupied, with the final unit expected to lease soon at $1,250/month. Seller may consider seller carry financing.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,004
Year Built
- Built in 1983
Home Design
- Wood Frame Construction
- Composition Roof
- Block Exterior
Flooring
- Vinyl Flooring
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- On-Street Parking
Utilities
- Cooling Available
- Individual Controls for Heating
Listing and Financial Details
- The owner pays for water
- Tax Lot 5
- Assessor Parcel Number 111-24-079
Community Details
Overview
- 2 Buildings
- 4 Units
- Building Dimensions are 8,700
- Oakland Subdivision
Building Details
- Operating Expense $10,904
- Gross Income $58,032
- Net Operating Income $47,128
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 20, 2025
Closed on
Aug 1, 2025
Sold by
Arizona Land Owner Llc
Bought by
Bryan Terry
Seller's Agent
Zachary Coty
Compass
Buyer's Agent
Wendy Ortiz
Real Broker
List Price
$599,000
Sold Price
$549,000
Premium/Discount to List
-$50,000
-8.35%
Views
18
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
95.90%
Original Mortgage
$549,000
Outstanding Balance
$549,000
Interest Rate
6.81%
Mortgage Type
VA
Estimated Equity
$30,343
Purchase Details
Listed on
Apr 1, 2019
Closed on
Apr 25, 2019
Sold by
18Th Partners Llc
Bought by
Arizona Land Owner Llc
Seller's Agent
Jacqueline Sipes
Income Property Shop
Buyer's Agent
Lauren Hensley
My Home Group Real Estate
List Price
$259,000
Sold Price
$255,000
Premium/Discount to List
-$4,000
-1.54%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.03%
Purchase Details
Closed on
Apr 28, 2014
Sold by
Kahalas Joanne
Bought by
18Th Partners Llc
Purchase Details
Closed on
Aug 15, 2013
Sold by
1Wmp Llc
Bought by
Kahalas Joanne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
4.57%
Mortgage Type
Commercial
Purchase Details
Listed on
Mar 13, 2013
Closed on
Apr 26, 2013
Sold by
E Built Contracting Llc
Bought by
1Mwp Llc
Seller's Agent
Kim Eaton
Urban Jungle Realty, LLC
Buyer's Agent
Sonya Hernandez
DPR Realty LLC
List Price
$130,000
Sold Price
$93,000
Premium/Discount to List
-$37,000
-28.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.99%
Purchase Details
Closed on
Nov 5, 2009
Sold by
U S Bank National Association
Bought by
E Built Contracting Llc
Purchase Details
Closed on
Jan 8, 2009
Sold by
Aceves Humberto and Aceves Rita
Bought by
Lasalle Bank Na
Purchase Details
Closed on
Oct 3, 2005
Sold by
Aceves Jose Luis and Aceves Cathern
Bought by
Aceves Humberto and Aceves Rita
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,500
Interest Rate
9.5%
Mortgage Type
Unknown
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $549,000 | Chicago Title Agency | |
| Warranty Deed | $255,000 | Empire West Title Agency Llc | |
| Warranty Deed | -- | None Available | |
| Cash Sale Deed | $130,000 | First American Title Ins Co | |
| Cash Sale Deed | $93,000 | First American Title Ins Co | |
| Cash Sale Deed | $32,500 | Guaranty Title Agency | |
| Trustee Deed | $76,925 | None Available | |
| Interfamily Deed Transfer | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $549,000 | VA | |
| Previous Owner | $101,500 | Commercial | |
| Previous Owner | $149,500 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | Sold | $549,000 | -8.3% | $487 / Sq Ft |
| 07/22/2025 07/22/25 | Price Changed | $599,000 | 0.0% | $531 / Sq Ft |
| 07/22/2025 07/22/25 | For Sale | $599,000 | 0.0% | $531 / Sq Ft |
| 05/20/2025 05/20/25 | For Sale | $599,000 | +134.9% | $531 / Sq Ft |
| 04/29/2019 04/29/19 | Sold | $255,000 | -1.5% | $226 / Sq Ft |
| 04/04/2019 04/04/19 | Pending | -- | -- | -- |
| 04/01/2019 04/01/19 | For Sale | $259,000 | +178.5% | $230 / Sq Ft |
| 05/03/2013 05/03/13 | Sold | $93,000 | -28.5% | $82 / Sq Ft |
| 04/26/2013 04/26/13 | Pending | -- | -- | -- |
| 03/12/2013 03/12/13 | For Sale | $130,000 | -- | $115 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,004 | $7,508 | -- | -- |
| 2024 | $994 | $7,151 | -- | -- |
| 2023 | $994 | $31,250 | $6,250 | $25,000 |
| 2022 | $959 | $22,160 | $4,430 | $17,730 |
| 2021 | $952 | $21,010 | $4,200 | $16,810 |
| 2020 | $963 | $16,930 | $3,380 | $13,550 |
| 2019 | $961 | $14,020 | $2,800 | $11,220 |
| 2018 | $945 | $13,750 | $2,750 | $11,000 |
| 2017 | $923 | $10,700 | $2,140 | $8,560 |
| 2016 | $896 | $9,000 | $1,800 | $7,200 |
| 2015 | $830 | $7,400 | $1,480 | $5,920 |
Source: Public Records
Agents Affiliated with this Home
-
Zachary Coty
Z
Seller's Agent in 2025
Zachary Coty
Compass
(602) 319-1326
1 in this area
16 Total Sales
-
Wendy Ortiz
Buyer's Agent in 2025
Wendy Ortiz
Real Broker
(480) 695-3709
1 in this area
67 Total Sales
-
J
Seller's Agent in 2019
Jacqueline Sipes
Income Property Shop
-
L
Seller Co-Listing Agent in 2019
Lois Kaipainen
Income Property Shop
-
Lauren Hensley
Buyer's Agent in 2019
Lauren Hensley
My Home Group Real Estate
(480) 818-7970
44 Total Sales
-
K
Seller's Agent in 2013
Kim Eaton
Urban Jungle Realty, LLC
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6868968
APN: 111-24-079
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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