David Mendel
eXp Realty
(888) 586-2019
89 Total Sales
1 in Governmental Mall
$410,000 Price
417 N 18th Dr Phoenix, AZ 85007
Governmental Mall NeighborhoodEstimated Value: $534,174 - $578,000
6
Beds
4
Baths
1,128
Sq Ft
$493/Sq Ft
Est. Value
Highlights
- Vinyl Flooring
- Phoenix Coding Academy Rated A
- Individual Controls for Heating
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.
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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
- Separate Meters
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
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
Listed on
May 20, 2025
Closed on
Aug 1, 2025
Sold by
Arizona Land Owner Llc
Bought by
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
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,794
Avg. Annual Appreciation
1.15%
Original Mortgage
$549,000
Outstanding Balance
$543,713
Interest Rate
6.81%
Mortgage Type
VA
Estimated Equity
$12,081
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
Limitless 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 12, 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
DeLex Realty
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
14.35%
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Governmental Mall, AZ
-
David Mendel
-
Shannon Collins
Shannon Collins
HomeSmart
(623) 299-8246
57 Total Sales
2 in Governmental Mall
$250K - $275K Price Range
-
Sean O'Carroll
Sean O'Carroll
Citiea
(888) 597-5034
192 Total Sales
2 in Governmental Mall
$340,000 Price Range
-
Vince Correa
Vince Correa
eXp Realty
(623) 323-7308
11 Total Sales
1 in Governmental Mall
$305,000 Price
-
Heidi Majidi
Heidi Majidi
RE/MAX Fine Properties
(623) 253-8955
110 Total Sales
1 in Governmental Mall
$425,000 Price
-
Christopher Hendrick
Christopher Hendrick
Responds QuicklyProperty For You Realty
(623) 295-2577
101 Total Sales
1 in Governmental Mall
$650,000 Price
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 |
|---|---|---|---|
| $549,000 | Chicago Title Agency | ||
| Arizona Land Owner Llc | $255,000 | Empire West Title Agency Llc | |
| 18Th Partners Llc | -- | None Available | |
| Kahalas Joanne | $130,000 | First American Title Ins Co | |
| 1Mwp Llc | $93,000 | First American Title Ins Co | |
| E Built Contracting Llc | $32,500 | Guaranty Title Agency | |
| Lasalle Bank Na | $76,925 | None Available | |
| Aceves Humberto | -- | First American Title Ins Co |
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 | $549,000 | ||
| Previous Owner | Kahalas Joanne | $101,500 | |
| Previous Owner | Aceves Humberto | $149,500 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 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 | View Prior Sale |
| 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 | View Prior Sale |
| 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
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 | $1,067 | $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
ZC
Seller's Agent in 2025
Zachary Coty
Compass
(602) 516-4767
1 in this area
30 Total Sales
-
Wendy Ortiz
Buyer's Agent in 2025
Wendy Ortiz
Real Broker
(480) 695-3709
1 in this area
71 Total Sales
-
JS
Seller's Agent in 2019
Jacqueline Sipes
Income Property Shop
-
LK
Seller Co-Listing Agent in 2019
Lois Kaipainen
Income Property Shop
-
Lauren Hensley
Buyer's Agent in 2019
Lauren Hensley
Limitless Real Estate
(480) 818-7970
22 Total Sales
-
KE
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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