418 N 13th Place Phoenix, AZ 85006
Garfield NeighborhoodEstimated Value: $320,000 - $390,000
--
Bed
1
Bath
936
Sq Ft
$383/Sq Ft
Est. Value
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 2014It'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
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
Similar Homes in Phoenix, AZ
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Home Values in the Area
Average Home Value in this Area
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
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
-
Seller's Agent in 2014
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
-
L
Seller Co-Listing Agent in 2014
Lois Kaipainen
Income Property Shop
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 4860530
APN: 116-25-050
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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