NOT LISTED FOR SALE

418 N 13th Place Phoenix, AZ 85006

Garfield Neighborhood

Estimated Value: $339,537 - $423,000

-- Bed
1 Bath
936 Sq Ft
$394/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $109,000 $116 Per Sq Ft

Est. 238% increase in value since last sale

Current estimated payment $2,066/month

257 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of February 2014

It's a short sale - call before writing offer. Fourplex + a home on two lots-fourplex straddles both lots. Walk to Light Rail at 12th Street/Van Buren. Units are in good condition, and occupied (subject to change). Studios rent for $350 and the home rents for $550. Since this is a short sale, it will be subject to lender and seller final approval. Buyer to verify ALL items prior to close of escrow.

Last Agent to Sell the Property

Lloyd Kaipainen

Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 12/05/2012

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Lois Kaipainen

Income Property Shop License #SA567276000

Last Buyer's Agent

Lois Kaipainen

Income Property Shop License #SA567276000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $935

Year Built

  • Built in 1984

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Paved Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Individual Controls for Heating
  • Window Unit Heating System

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 61
  • Assessor Parcel Number 116-25-139

Community Details

Overview

  • 2 Buildings
  • 5 Units
  • Building Dimensions are irr

Building Details

  • Operating Expense $7,035
  • Gross Income $21,060
  • Net Operating Income $14,025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$935

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: 7th Street/Van Buren
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2012
  • Directions: East to 12th Street, North to Taylor, East to property on SWC 13th Street/Taylor. 2 lots/2 addresses 1235 E Taylor and 418 N 13th Street.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sjfl03
  • Co List Office Phone: 602-264-8400
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Paved Parking, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS, SRP, Individual Meter
  • Cooling: Heat Pump, Electric, Wall/Window Unit(s)
  • Heating: Individual, Heat Pump, Window/Wall Unit(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes
  • Heating:WindowWall Unit(s): 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
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 700.0
  • Annual Water Sewer Expense: 2000.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: irr
  • Additional Parcels: Yes
  • Parcel #: 116-25-139

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 5
  • Annual Gross Income: 21060.0
  • Insurance Expense: 900.0
  • Maintenance Expense: 2500.0
  • Property Net Operating Income: 14025.0
  • Annual Operating Expense: 7035.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 935.0
  • Tax Book Number: 116.00
  • Tax Lot: 61

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mullins David Kevin $88,400
Closed Mullins David Kevin $150,000
Closed Mullins David Kevin $32,800
Closed Mullins David Kevin $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2014 02/28/14 Sold $109,000 -15.5% $116 / Sq Ft
08/19/2013 08/19/13 Pending -- -- --
12/05/2012 12/05/12 For Sale $129,000 -- $138 / 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 $1,450 $12,235 -- --
2024 $1,437 $11,652 -- --
2023 $1,437 $28,920 $5,780 $23,140
2022 $1,382 $22,920 $4,580 $18,340
2021 $1,383 $19,770 $3,950 $15,820
2020 $1,403 $18,250 $3,650 $14,600
2019 $1,403 $12,680 $2,530 $10,150
2018 $588 $10,550 $2,110 $8,440
2017 $568 $7,570 $1,510 $6,060
2016 $551 $6,610 $1,320 $5,290
2015 $502 $5,060 $1,010 $4,050
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Lloyd Kaipainen

    Better Homes & Gardens Real Estate SJ Fowler

    Section Image

  • L

    Seller Co-Listing Agent in 2014

    Lois Kaipainen

    Income Property Shop

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4860530

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-25-050

Arizona Maricopa County Phoenix 85006 Garfield

418 N 13th Place, Phoenix, AZ

This home is located at 418 N 13th Place, Phoenix, AZ 85006 since 05 December 2012 and is currently estimated at $368,384, approximately $393 per square foot. This property was built in 1984. 418 N 13th Place is a home located in Maricopa County with nearby schools including Garfield School, North High School, and Phoenix Coding Academy.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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