NOT LISTED FOR SALE

Estimated Value: $536,000 - $581,000

Studio
-- Bath
2,960 Sq Ft
$191/Sq Ft Est. Value

Sale Details

Date Sold: July 26, 2021

Last sale price $500,000 $169 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,180 / mo

3 Days on Market

Highlights

  • Evaporated cooling system
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of July 2021

Wow! Investor special! Remodeled Phoenix 4 plex ready to be leased out for immediate cash flow! Gorgeous phoenix 2/1 units with like wood plank flooring throughout, updated kitchens, fresh neutral paint, spacious over sized upper bedrooms, washer/dryer hookups, premium corner lot, nearby by schools, off street parking, mountain views, great location and more!

Last Agent to Sell the Property

Dominic Arnold

AZ Prime Property Management License #BR639934000 Listed on: 06/12/2021

Last Buyer's Agent

Keith Grayson

Grayson Real Estate License #BR636932000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $896

Year Built

  • Built in 1961

Lot Details

  • 7,318

Home Design

  • Composition Roof
  • Block Exterior
  • Stone Exterior Construction
  • Stucco

Flooring

  • Concrete
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Roosevelt Elementary School
  • South Mountain High School

Utilities

  • Evaporated cooling system
  • Heating Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 122-35-055

Community Details

Overview

  • 4 Units
  • Building Dimensions are IRR
  • Alicia 3 Subdivision

Building Details

  • Operating Expense $896

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$896

Year Built

Built in 1961

Lot Details

7,318 Sq Ft Lot

Listing Details

  • Cross Street: NORTH OF BROADWAY/22ND PLACE
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1961
  • Tax Year: 2020
  • Road Surface Type: Dedicated Street
  • Subdivision Name: ALICIA 3
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl, Concrete
  • Appliances: Free-Standing Range
  • Appliances Included:FS OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Stone, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • 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

Utilities

  • Electric: APS
  • Cooling: Evaporative Cooling
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:Mini Blinds: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Other (See Remarks)51: Yes

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Roosevelt Elementary School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 122-35-055

Multi Family

  • Owner Pays: Other, See Remarks
  • Number Of Units Total: 4
  • Annual Operating Expense: 896.0

Tax Info

  • Tax Annual Amount: 896.0
  • Tax Book Number: 122.00
  • Tax Lot: 1

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
Jun 12, 2021
Closed on
Jul 19, 2021
Sold by
Bought by
Seller's Agent
Dominic Arnold
AZ Prime Property Management
Buyer's Agent
Keith Grayson
Grayson Real Estate
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Current Estimated Value
$564,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,457
Avg. Annual Appreciation
2.44%
Original Mortgage
$425,000
Interest Rate
0.0296%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2018
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
$160,000
Interest Rate
0.0415%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2018
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
$160,000
Interest Rate
0.0415%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2008
Sold by
Bought by

Purchase Details

Closed on
Jan 4, 2002
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
$109,800
Interest Rate
0.1125%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 1997
Sold by
Bought by

Purchase Details

Closed on
Jan 31, 1996
Sold by
Bought by

Purchase Details

Closed on
Jan 5, 1996
Sold by
Bought by
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
$500,000 Chicago Title Agency
$340,000 Security Title Agency Inc
$200,000 Security Title Agency Inc
-- None Available
-- Grand Canyon Title Agency In
$50,000 Security Title
$35,000 Security 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
Open $425,000
Previous Owner $160,000
Previous Owner $109,800
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
07/26/2021 07/26/21 Sold $500,000 -4.8% $169 / Sq Ft
07/23/2021 07/23/21 For Sale $525,000 0.0% $177 / Sq Ft
07/13/2021 07/13/21 For Sale $525,000 0.0% $177 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
06/12/2021 06/12/21 For Sale $525,000 -- $177 / 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 $958 $6,354
2024 $907 $6,051
2023 $907 $43,510 $8,700 $34,810
2022 $889 $27,720 $5,540 $22,180
2021 $907 $21,960 $4,390 $17,570
2020 $896 $18,680 $3,730 $14,950
2019 $866 $13,370 $2,670 $10,700
2018 $843 $9,820 $1,960 $7,860
2017 $804 $9,100 $1,820 $7,280
2016 $764 $8,300 $1,660 $6,640
2015 $720 $6,820 $1,360 $5,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6249898

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-35-055

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