422 N 14th St Phoenix, AZ 85006
Garfield NeighborhoodEstimated Value: $492,120 - $641,000
1
Bed
3
Baths
568
Sq Ft
$984/Sq Ft
Est. Value
Highlights
- Cooling Available
- Concrete Flooring
- Heating System Uses Natural Gas
- Phoenix Coding Academy Rated A
About This Home
As of September 2017Beautifully designed tri-plex in the heart of downtown Phoenix's bustling Garfield historic district. Featuring two 1 bed, 1 bath units and one 1 bedroom 2 bath with ample parking. Open & spacious floor plans with new electrical panels with new wiring in the front two units, new plumbing in front two units and all new underground sewer lines, upgraded appliances, tank less water heaters, 30 year shingle roof, high seer A/C's and covered patios. Block construction with new windows & doors. Stunning interiors with polished concrete floors, solid quartz counter tops, white shaker cabinets, exposed beams & pitched ceilings, new tile shower enclosures. This is an amazing opportunity to live in one unit with great income on the other 2 units or a straight investment. AMAZING Opportunity!!
Last Agent to Sell the Property
Realty ONE Group License #SA519832000 Listed on: 09/07/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,011
Year Built
- Built in 1961
Lot Details
- 6,490
Home Design
- Composition Roof
- Block Exterior
Flooring
- Concrete Flooring
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Schools
- Garfield Elementary School
- Phoenix Prep Academy Middle School
- North High School
Utilities
- Cooling Available
- Heating System Uses Natural Gas
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for trash collection, water, sewer
- Tax Lot 5
- Assessor Parcel Number 116-25-066
Community Details
Overview
- 2 Buildings
- 3 Units
- Building Dimensions are 50x130
- Stewart Tract Subdivision
Building Details
- Operating Expense $4,521
- Net Operating Income $27,912
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 7, 2017
Closed on
Sep 20, 2017
Sold by
Best Joseph and Best Meagan
Bought by
Mega Elite Holding Llc
Seller's Agent
Chris Lewis
Realty ONE Group
Buyer's Agent
Soyun Wong
Better Homes & Gardens Real Estate SJ Fowler
List Price
$308,000
Sold Price
$291,888
Premium/Discount to List
-$16,112
-5.23%
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
$266,892
Avg. Annual Appreciation
8.51%
Purchase Details
Closed on
Jul 20, 2017
Sold by
Best Family Living Trust
Bought by
Best Joseph and Best Meagan
Purchase Details
Closed on
Apr 20, 2017
Sold by
422 N 14Th Street Llc
Bought by
Best Meagan
Purchase Details
Closed on
Dec 15, 2016
Sold by
Griffin Andy
Bought by
The Portfolio Phx Llc
Purchase Details
Closed on
Dec 1, 2015
Sold by
The District Phx Llc
Bought by
The Portfolio Phx Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
3.81%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 4, 2015
Sold by
Bmj Dreamworks Llc
Bought by
The District Phx Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
3.81%
Mortgage Type
Commercial
Purchase Details
Listed on
Jun 17, 2014
Closed on
Oct 3, 2014
Sold by
Manradge Brigadare
Bought by
Bmj Dreamworks Llc
Seller's Agent
James Pompe
West USA Realty
Buyer's Agent
Felix Corral
Good Company Real Estate
List Price
$140,000
Sold Price
$80,000
Premium/Discount to List
-$60,000
-42.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.52%
Original Mortgage
$60,000
Interest Rate
4.11%
Mortgage Type
Commercial
Purchase Details
Listed on
Jun 17, 2014
Closed on
Aug 18, 2014
Sold by
Manradge Jameika and Manradge Brigadare
Bought by
Manradge Brigadare
Seller's Agent
James Pompe
West USA Realty
Buyer's Agent
Felix Corral
Good Company Real Estate
List Price
$140,000
Sold Price
$80,000
Premium/Discount to List
-$60,000
-42.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.11%
Mortgage Type
Commercial
Similar Homes in Phoenix, AZ
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mega Elite Holding Llc | $291,888 | Grand Canyon Title Agency | |
| Best Joseph | -- | None Available | |
| Best Meagan | -- | None Available | |
| The Portfolio Phx Llc | -- | None Available | |
| The Portfolio Phx Llc | -- | None Available | |
| The District Phx Llc | $90,000 | First Arizona Title Agency | |
| Bmj Dreamworks Llc | -- | None Available | |
| Manradge Brigadare | -- | Great American Title Agency | |
| Manradge Brigadare | $80,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | The District Phx Llc | $81,000 | |
| Previous Owner | Manradge Brigadare | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/21/2017 09/21/17 | Sold | $291,888 | -5.2% | $514 / Sq Ft |
| 09/09/2017 09/09/17 | Pending | -- | -- | -- |
| 09/07/2017 09/07/17 | For Sale | $308,000 | +285.0% | $542 / Sq Ft |
| 08/29/2014 08/29/14 | Sold | $80,000 | -42.9% | $141 / Sq Ft |
| 07/25/2014 07/25/14 | Pending | -- | -- | -- |
| 06/16/2014 06/16/14 | For Sale | $140,000 | -- | $246 / 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 | $1,133 | $8,470 | -- | -- |
| 2024 | $1,122 | $8,067 | -- | -- |
| 2023 | $1,122 | $33,430 | $6,680 | $26,750 |
| 2022 | $1,082 | $23,770 | $4,750 | $19,020 |
| 2021 | $1,074 | $20,620 | $4,120 | $16,500 |
| 2020 | $1,086 | $19,130 | $3,820 | $15,310 |
| 2019 | $1,084 | $13,810 | $2,760 | $11,050 |
| 2018 | $1,066 | $12,250 | $2,450 | $9,800 |
| 2017 | $1,041 | $11,930 | $2,380 | $9,550 |
| 2016 | $1,011 | $9,070 | $1,810 | $7,260 |
| 2015 | $936 | $7,470 | $1,490 | $5,980 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Lewis
Seller's Agent in 2017
Chris Lewis
Realty One Group
(602) 625-5384
131 Total Sales
-
Soyun Wong
Buyer's Agent in 2017
Soyun Wong
Better Homes & Gardens Real Estate SJ Fowler
(480) 334-7775
16 Total Sales
-
James Pompe
J
Seller's Agent in 2014
James Pompe
West USA Realty
(602) 375-3300
8 Total Sales
-
Felix Corral
Buyer's Agent in 2014
Felix Corral
Good Company Real Estate
(480) 331-1786
1 Total Sale
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5656892
APN: 116-25-066
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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