Richard Ferguson
Coldwell Banker Realty
(740) 971-2365
73 Total Sales
1 in South Mountain
$617,500 Price
4607 S 16th St Phoenix, AZ 85040
South Mountain Neighborhood
8
Beds
10
Baths
600
Sq Ft
1963
Built
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
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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
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
Closed on
Apr 5, 2024
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
$1,068,750
Outstanding Balance
$1,042,733
Interest Rate
6.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 10, 2021
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
$1,035,000
Interest Rate
2.8%
Mortgage Type
Construction
Purchase Details
Listed on
Jan 25, 2021
Closed on
Mar 17, 2021
Sold by
Bought by
Seller's Agent
Sarah Michel
Liz Harris Realty
Buyer's Agent
Justin Titus
My Home Group Real Estate
List Price
$1,100,000
Sold Price
$958,915
Premium/Discount to List
-$141,085
-12.83%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$747,250
Interest Rate
2.7%
Mortgage Type
Commercial
Purchase Details
Listed on
Jan 25, 2021
Closed on
Mar 15, 2021
Sold by
Bought by
Seller's Agent
Sarah Michel
Liz Harris Realty
Buyer's Agent
Justin Titus
My Home Group Real Estate
List Price
$1,100,000
Sold Price
$958,915
Premium/Discount to List
-$141,085
-12.83%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$747,250
Interest Rate
2.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 8, 2019
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
$300,000
Interest Rate
4.5%
Mortgage Type
Construction
Purchase Details
Closed on
Apr 6, 2017
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
$237,250
Interest Rate
4.16%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Feb 15, 2017
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
$237,250
Interest Rate
4.16%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Jun 22, 2016
Closed on
Nov 14, 2016
Sold by
Bought by
Seller's Agent
Alejandra Mena
HomeSmart
Buyer's Agent
Johanna Clauss
DeLex Realty
List Price
$399,999
Sold Price
$365,000
Premium/Discount to List
-$34,999
-8.75%
Purchase Details
Listed on
Jun 9, 2015
Closed on
Oct 2, 2015
Sold by
Bought by
Seller's Agent
Sophia Baron
Real Broker
Buyer's Agent
Alejandra Mena
HomeSmart
List Price
$270,000
Sold Price
$220,000
Premium/Discount to List
-$50,000
-18.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.15%
Original Mortgage
$150,000
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Jun 9, 2015
Closed on
Sep 30, 2015
Sold by
Bought by
Seller's Agent
Sophia Baron
Real Broker
Buyer's Agent
Alejandra Mena
HomeSmart
List Price
$270,000
Sold Price
$220,000
Premium/Discount to List
-$50,000
-18.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 23, 2015
Sold by
Bought by
Purchase Details
Closed on
Feb 19, 2015
Sold by
Bought by
Purchase Details
Closed on
May 3, 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
$198,400
Interest Rate
7.18%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Apr 12, 1994
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Mountain, AZ
-
Richard Ferguson
-
AYANNA HAWKINS
AYANNA HAWKINS
Your Home Sold Guaranteed Realty
(623) 321-2387
98 Total Sales
1 in South Mountain
$345,000 Price
-
David Harvey
David Harvey
Real Broker
(844) 727-0084
103 Total Sales
1 in South Mountain
$380,000 Price
-
Stephen Liby
Stephen Liby
HomeSmart
(623) 254-1098
34 Total Sales
2 in South Mountain
$389K - $447K Price Range
-
Lauren Wendt
Lauren Wendt
W and Partners, LLC
(602) 932-1263
144 Total Sales
2 in South Mountain
$205K - $275K Price Range
-
Monica Moreno
Monica Moreno
HomeSmart
(623) 323-3655
105 Total Sales
2 in South Mountain
$275K - $457K Price Range
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 |
|---|---|---|---|
| -- | American Title Service Agency | ||
| $1,250,000 | Chicago Title Agency Inc | ||
| $995,000 | Fidelity Natl Ttl Agcy Inc | ||
| $958,915 | Fidelity Natl Ttl Agcy Inc | ||
| -- | Pioneer Title Agency Inc | ||
| -- | Driggs Title Agency Inc | ||
| -- | None Available | ||
| $365,000 | Chicago Title Agency Inc | ||
| -- | First Arizona Title Agency | ||
| $220,000 | First Arizona Title Agency | ||
| -- | None Available | ||
| $196,900 | None Available | ||
| $248,000 | Security Title Agency | ||
| -- | Grand Canyon Title Agency In | ||
| $83,500 | Grand Canyon Title Agency In |
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 | $1,068,750 | ||
| Previous Owner | $1,035,000 | ||
| Previous Owner | $747,250 | ||
| Previous Owner | $300,000 | ||
| Previous Owner | $237,250 | ||
| Previous Owner | $150,000 | ||
| Previous Owner | $198,400 |
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 |
|---|---|---|---|---|---|
| 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
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 | $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
-
S
Seller's Agent in 2021
Sarah Michel
Liz Harris Realty
-
Elizabeth Harris
Seller Co-Listing Agent in 2021
Elizabeth Harris
Liz Harris Realty
(480) 313-3924
1 in this area
33 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
1 in this area
51 Total Sales
-
Johanna Clauss
Buyer's Agent in 2016
Johanna Clauss
DPR Realty
(480) 251-9189
19 Total Sales
-
Sophia Baron
Seller's Agent in 2015
Sophia Baron
Real Broker
(480) 375-0227
24 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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