NOT LISTED FOR SALE

Estimated Value: $352,000 - $490,000

Studio
-- Bath
1,511 Sq Ft
$275/Sq Ft Est. Value

Sale Details

Date Sold: October 4, 2022

Last sale price $369,900 $245 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,306 / mo

26 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

As of October 2022

This fabulous turn-key duplex-type residence is combined 1,511 sf, on a 6,699 sf lot. This is a 2-unit property that is zoned C-1 so you can operate a business out of either unit. Great investment property, passive income opportunity, or live in one, rent out the other! Conveniently located in the downtown Phoenix area, close to the I-10 and the SR51. The surrounding neighborhood is being renovated by the City of Phoenix, and there is a large multi-family housing development being built directly across the street. Both units have been freshly painted! First unit enjoys two bedrooms, a kitchen, and a bathroom. 2nd unit offers a Studio living style with kitchen and bathroom. The property includes a very large back yard, and plenty of space for parking in the front as well.

Last Agent to Sell the Property

Marcus Bacon

Realty ONE Group License #SA669440000 Listed on: 08/19/2022

Last Buyer's Agent

Marcus Bacon

Realty ONE Group License #SA669440000 Listed on: 08/19/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $546

Year Built

  • Built in 1953

Lot Details

  • 6,708

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • On-Street Parking

Schools

  • Wilson Elementary School - Phoenix
  • Phoenix Coding Academy Middle School
  • North High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 30 / 2
  • Assessor Parcel Number 116-09-063

Community Details

Overview

  • 2 Units
  • Building Dimensions are 57.16-114.90-57.60-114.90
  • Security Park Subdivision

Building Details

  • Operating Expense $546
  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$546

Year Built

Built in 1953

Lot Details

6,708 Sq Ft Lot

Listing Details

  • Cross Street: N 16th St and E Van Buren St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: C-1
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1953
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Subdivision Name: SECURITY PARK
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Add'l Parking Avail, <1 Space Per Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Street Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes

Schools

  • Elementary School: Wilson Elementary School - Phoenix
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix Coding Academy

Lot Info

  • Lot Size: 57.16-114.90-57.60-114.90
  • Additional Parcels: No
  • Parcel #: 116-09-063

Multi Family

  • Owner Pays: None
  • Tenant Pays: See Remarks
  • Number Of Units Total: 2
  • Annual Gross Income: 30000.0
  • Annual Operating Expense: 546.0

Tax Info

  • Tax Annual Amount: 546.0
  • Tax Block: 2
  • Tax Book Number: 116.00
  • Tax Lot: 30

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
Aug 19, 2022
Closed on
Sep 27, 2022
Sold by
Bought by
Seller's Agent
Marcus Bacon
Realty ONE Group
Buyer's Agent
Marcus Bacon
Realty ONE Group
List Price
$400,000
Sold Price
$369,900
Premium/Discount to List
-$30,100
-7.52%
Views
8
Current Estimated Value
$415,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,312
Avg. Annual Appreciation
3.11%

Purchase Details

Listed on
Jun 4, 2019
Closed on
Jan 29, 2020
Sold by
Bought by
Seller's Agent
Itzel Zimmer
HomeSmart
Buyer's Agent
Marcus Bacon
Realty ONE Group
List Price
$199,000
Sold Price
$195,000
Premium/Discount to List
-$4,000
-2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.98%
Original Mortgage
$142,800
Interest Rate
0.037%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,500
Interest Rate
0.0373%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$369,900 United Title
$190,400 Great American Title Agency
$57,500 Fidelity Natl Title Agency
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
Previous Owner $142,800
Previous Owner $106,500
Previous Owner $100,000
Previous Owner $26,835
Previous Owner $63,500
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
10/04/2022 10/04/22 Sold $369,900 0.0% $245 / Sq Ft
09/14/2022 09/14/22 Pending -- -- --
09/13/2022 09/13/22 Price Changed $369,900 -5.1% $245 / Sq Ft
09/06/2022 09/06/22 Price Changed $389,900 -2.5% $258 / Sq Ft
08/19/2022 08/19/22 For Sale $400,000 +105.1% $265 / Sq Ft
01/29/2020 01/29/20 Sold $195,000 -2.0% $129 / Sq Ft View Prior Sale
01/25/2020 01/25/20 Price Changed $199,000 0.0% $132 / Sq Ft
01/18/2020 01/18/20 Price Changed $199,000 0.0% $132 / Sq Ft
01/10/2020 01/10/20 Price Changed $199,000 0.0% $132 / Sq Ft
12/04/2019 12/04/19 Pending -- -- --
11/18/2019 11/18/19 Pending -- -- --
10/11/2019 10/11/19 For Sale $199,000 0.0% $132 / Sq Ft
09/13/2019 09/13/19 Pending -- -- --
09/11/2019 09/11/19 For Sale $199,000 0.0% $132 / Sq Ft
09/07/2019 09/07/19 Pending -- -- --
06/04/2019 06/04/19 For Sale $199,000 -- $132 / 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 $608 $4,361
2024 $572 $4,154
2023 $572 $21,060 $4,210 $16,850
2022 $538 $14,870 $2,970 $11,900
2021 $546 $12,880 $2,570 $10,310
2020 $544 $10,770 $2,150 $8,620
2019 $542 $9,130 $1,820 $7,310
2018 $535 $7,410 $1,480 $5,930
2017 $497 $6,810 $1,360 $5,450
2016 $509 $5,050 $1,010 $4,040
2015 $473 $4,480 $890 $3,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6452417

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-09-063

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