S
Seller's Agent in 2021
Sarah Michel
Liz Harris Realty
4607 S 16th St Phoenix, AZ 85040
South Mountain Neighborhood
8
Beds
10
Baths
600
Sq Ft
1963
Built
Highlights
- Ceramic Tile Flooring
- Phoenix Coding Academy Rated A
- Central Heating and Cooling System
About This Home
As of March 2021Centrally located in South Phoenix's Ever Growing and Revitalized Neighborhood. A Spectacular opportunity to invest in this lucrative and one of kind 10 unit property. 8 1bd/1bth and 2 studios. Multiple upgrades from the inside out. New plumbing, new electrical, fresh interior and exterior paint, new roof, remodeled bathrooms and much more! Rents are below market, giving you ample room to grow. Tenants Rights. Please do not disturb tenants. Property is being sold As-Is.
Last Agent to Sell the Property
Sarah Michel
Liz Harris Realty License #SA680004000 Listed on: 01/25/2021
Last Buyer's Agent
Justin Titus
My Home Group Real Estate License #SA687713000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,042
Year Built
- Built in 1963
Home Design
- Composition Roof
- Block Exterior
Parking
- 10 Open Parking Spaces
- 10 Parking Spaces
Additional Features
- Ceramic Tile Flooring
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for electricity, cable TV
- The owner pays for electricity, trash collection, water, sewer, landscaping
- Tax Lot 1
- Assessor Parcel Number 122-40-014-A
Community Details
Overview
- 2 Buildings
- 10 Units
- Building Dimensions are 12261
- Chief Jackson Subdivision
Building Details
- Operating Expense $17,755
- Gross Income $82,365
- Net Operating Income $64,954
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/18/2021 03/18/21 | Sold | $958,915 | -12.8% | $1,598 / Sq Ft | |
| 03/03/2021 03/03/21 | Pending | -- | -- | -- | |
| 01/25/2021 01/25/21 | For Sale | $1,100,000 | +201.4% | $1,833 / Sq Ft | |
| 11/17/2016 11/17/16 | Sold | $365,000 | -8.7% | $608 / Sq Ft | View Prior Sale |
| 11/04/2016 11/04/16 | Pending | -- | -- | -- | |
| 09/22/2016 09/22/16 | For Sale | $399,999 | 0.0% | $667 / Sq Ft | |
| 09/06/2016 09/06/16 | Pending | -- | -- | -- | |
| 06/18/2016 06/18/16 | For Sale | $399,999 | +81.8% | $667 / Sq Ft | |
| 10/07/2015 10/07/15 | Sold | $220,000 | -18.5% | $367 / Sq Ft | View Prior Sale |
| 09/17/2015 09/17/15 | Pending | -- | -- | -- | |
| 06/09/2015 06/09/15 | For Sale | $270,000 | -- | $450 / 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 | $3,255 | $21,588 | -- | -- |
| 2024 | $3,081 | $20,560 | -- | -- |
| 2023 | $3,081 | $81,680 | $16,330 | $65,350 |
| 2022 | $3,019 | $51,520 | $10,300 | $41,220 |
| 2021 | $3,080 | $41,380 | $8,270 | $33,110 |
| 2020 | $3,042 | $35,460 | $7,090 | $28,370 |
| 2019 | $2,944 | $31,720 | $6,340 | $25,380 |
| 2018 | $2,865 | $25,910 | $5,180 | $20,730 |
| 2017 | $2,730 | $20,850 | $4,170 | $16,680 |
| 2016 | $2,597 | $18,310 | $3,660 | $14,650 |
Source: Public Records
Agents Affiliated with this Home
-
-
Elizabeth Harris
Seller Co-Listing Agent in 2021
Elizabeth Harris
Liz Harris Realty
(480) 313-3924
2 in this area
32 Total Sales
-
J
Buyer's Agent in 2021
Justin Titus
My Home Group
-
Alejandra Mena
Seller's Agent in 2016
Alejandra Mena
HomeSmart
(602) 550-8687
2 in this area
57 Total Sales
-
Johanna Clauss
Buyer's Agent in 2016
Johanna Clauss
DPR Realty
(480) 251-9189
21 Total Sales
-
Sophia Baron
Seller's Agent in 2015
Sophia Baron
Grace CRE
(480) 375-0227
2 in this area
77 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6185550
APN: 122-40-014-A
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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