NOT LISTED FOR SALE

4241 N 23rd Ave Phoenix, AZ 85015

Alhambra Neighborhood

Estimated Value: $474,000 - $728,000

8 Beds
4 Baths
644 Sq Ft
$991/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $1,350,000 $2,096 Per Sq Ft

Current estimated payment $3,542/month

14 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Phoenix Coding Academy Rated A
  • Floor Furnace

About This Home

As of December 2022

This home is located at 4241 N 23rd Ave, Phoenix, AZ 85015 since 30 November 2022 and is currently estimated at $638,214, approximately $991 per square foot. This property was built in 1985. 4241 N 23rd Ave is a home located in Maricopa County with nearby schools including Westwood Primary School, Choice Learning Academy, and Central High School.

Last Agent to Sell the Property

Paul Bay

Marcus & Millichap License #SA671037000 Listed on: 11/30/2022

Last Buyer's Agent

Jason Bond

Realty ONE Group License #SA692147000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,915

Year Built

  • Built in 1985

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 11 Open Parking Spaces
  • 11 Parking Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Wall Furnace
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for gas, water, sewer, landscaping
  • Assessor Parcel Number 154-29-013-A

Community Details

Overview

  • 4 Buildings
  • 8 Units
  • Building Dimensions are 18,643 sf

Building Details

  • Operating Expense $28,642
  • Gross Income $118,212
  • Net Operating Income $96,148

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,915

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 4
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2022
  • Road Surface Type: Asphalt
  • Professional Management Expense: 5868.0
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 11.0
  • Total Parking Spaces: 11.0
  • General Property Description:Uncvrd Parking Spcs: 11.0
  • General Property Description:Total Parking Spcs: 11.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Wall/Window Unit(s)
  • Heating: Floor Furnace, Wall Furnace
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 18,643 sf
  • Additional Parcels: Yes
  • Parcel #: 154-29-013-A

Multi Family

  • Owner Pays: Gas, Water, Sewer, Landscaping
  • Tenant Pays: Electricity
  • Number Of Units Total: 8
  • Electric Expense: 4739.0
  • Annual Gross Income: 118212.3
  • Insurance Expense: 2800.0
  • Maintenance Expense: 5200.0
  • Property Net Operating Income: 96148.0
  • Annual Operating Expense: 28642.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2915.0
  • Tax Book Number: 154.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2022
Closed on
Jan 6, 2023
Sold by
Pengol Wilson Llc
Bought by
Owens Jessica D
Seller's Agent
Paul Bay
Marcus & Millichap
Buyer's Agent
Jason Bond
Realty ONE Group
List Price
$1,400,000
Sold Price
$1,350,000
Premium/Discount to List
-$50,000
-3.57%
Views
17
Current Estimated Value
$626,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$723,108
Avg. Annual Appreciation
-23.24%

Purchase Details

Closed on
Sep 17, 2021
Sold by
Leos James
Bought by
Pengol Wilson Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$968,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 8, 2015
Sold by
Behseresht Arya and Lui Bonnie
Bought by
Leos James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2012
Sold by
Caballero Klaus Peter Frank
Bought by
Behseresht Arya and Lui Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2012
Sold by
Frank Klaus Peter
Bought by
Caballero Klaus Peter Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,250
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 2010
Sold by
The Bank Of New York Mellon
Bought by
Frank Klaus Peter

Purchase Details

Closed on
May 20, 2010
Sold by
Hughes William and Hughes Edie
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Sep 7, 2004
Sold by
Nbi Llc
Bought by
Foresight Investment Group Llc

Purchase Details

Closed on
Apr 20, 2004
Sold by
Union Equity Llc
Bought by
Hughes William and Hughes Edie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2004
Sold by
Moyer John C
Bought by
Kma Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 1999
Sold by
Moyer Cynthia L
Bought by
Moyer John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,800
Interest Rate
7.7%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Owens Jessica D $675,000 Ez Title
Pengol Wilson Llc $1,100,000 Chicago Title Agency Inc
Leos James $170,000 Chicago Title Agency Inc
Behseresht Arya $115,000 Chicago Title Agency Inc
Caballero Klaus Peter Frank -- First American Title Ins Co
Frank Klaus Peter $61,000 First American Title Ins Co
The Bank Of New York Mellon $99,000 First American Title
Foresight Investment Group Llc -- Security Title Agency
Hughes William $216,000 Equity Title Agency Inc
Kma Associates Llc $152,800 --
Moyer John C -- Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pengol Wilson Llc $968,000
Previous Owner Leos James $127,500
Previous Owner Behseresht Arya $82,500
Previous Owner Caballero Klaus Peter Frank $195,250
Previous Owner Hughes William $172,000
Previous Owner Kma Associates Llc $136,000
Previous Owner Moyer John C $63,800
Closed Hughes William $21,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $1,350,000 -3.6% $2,096 / Sq Ft
12/14/2022 12/14/22 Pending -- -- --
11/30/2022 11/30/22 For Sale $1,400,000 -- $2,174 / 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 $1,324 $9,219 -- --
2024 $1,331 $8,780 -- --
2023 $1,331 $36,570 $7,310 $29,260
2022 $1,310 $27,010 $5,400 $21,610
2021 $1,322 $23,270 $4,650 $18,620
2020 $1,271 $20,500 $4,100 $16,400
2019 $1,256 $17,400 $3,480 $13,920
2018 $1,159 $15,160 $3,030 $12,130
2017 $1,145 $13,270 $2,650 $10,620
2016 $1,096 $11,400 $2,280 $9,120
2015 $1,038 $9,810 $1,962 $7,848
Source: Public Records

Agents Affiliated with this Home

  • Paul Bay

    Seller's Agent in 2022

    Paul Bay

    Marcus & Millichap

    (480) 600-2626

    1 in this area

    16 Total Sales

    Section Image
  • Jason Bond

    Buyer's Agent in 2022

    Jason Bond

    Realty One Group

    (480) 685-2760

    1 in this area

    144 Total Sales

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6494037

Arizona Regional Multiple Listing Service (ARMLS)

APN: 154-29-013A

Arizona Maricopa County Phoenix 85015 Alhambra

4241 N 23rd Ave, Phoenix, AZ

This home is located at 4241 N 23rd Ave, Phoenix, AZ 85015 since 30 November 2022 and is currently estimated at $638,214, approximately $991 per square foot. This property was built in 1985. 4241 N 23rd Ave is a home located in Maricopa County with nearby schools including Westwood Primary School, Choice Learning Academy, and Central High School.

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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