NOT LISTED FOR SALE

Estimated Value: $608,000 - $840,264

5 Beds
2 Baths
1,556 Sq Ft
$463/Sq Ft Est. Value

Last Sold October 17, 2018

Last sale price $400,000 $257 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,121/month

54 Days on Market

Highlights

  • Cooling Available
  • 5-minute walk to Central Ave/Camelback
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of October 2018

Zoned R3 Multi-family. Two houses on one lot. Front house is a 3 bedroom 2 bath and the house in back is 2 bedroom 1 bath. Both houses need renovation and repairs. Located in the Pierson PlaceHistoric District.

Last Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 08/12/2018

Co-Listed By

Rebecca Marvel

R.O.I. Properties License #BR678016000

Last Buyer's Agent

Chris Bianco

Civic Center Real Estate License #BR641764000

Civic Center Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,751

Year Built

  • Built in 1945

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 2 Parking Spaces
  • Carport

Schools

  • Solano Elementary School
  • Osborn Middle School
  • Central High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 10 / 2
  • Assessor Parcel Number 155-35-018-A

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are Rectangular
  • Pierson Place Blk 2 Subdivision

Building Details

  • Operating Expense $2,751

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,751

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Cross Street: West Elm St & N 3rd Avenue
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1945
  • Tax Year: 2017
  • Directions: Camelback, South on 3rd.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Subdivision Name: PIERSON PLACE BLK 2
  • Tax Parcel Letter: A
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Carport
  • Attached Garage: No
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: City Electric
  • Cooling: Other, See Remarks
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Schools

  • Elementary School: Solano School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Lot Size: Rectangular
  • Additional Parcels: No
  • Parcel #: 155-35-018-A

Multi Family

  • Owner Pays: Other, See Remarks
  • Number Of Units Total: 2
  • Annual Operating Expense: 2751.0

Tax Info

  • Tax Annual Amount: 2751.0
  • Tax Block: 2
  • Tax Book Number: 155.00
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2024
Sold by
Baca Melanie and Baca James
Bought by
Pierson Place Bungalows Llc
Current Estimated Value
$719,816

Purchase Details

Closed on
Jul 17, 2023
Sold by
Espinoza Brian and Espinoza Stephanie
Bought by
Baca James and Baca Melanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2018
Sold by
Fix Design Build Llc
Bought by
Espinoza Brian and Espinoza Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 12, 2018
Closed on
Oct 12, 2018
Sold by
Denniston Anne and The Carmel & Eithel C Petrey T
Bought by
Fix Design Build Llc
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Chris Bianco
Civic Center Real Estate
List Price
$499,000
Sold Price
$400,000
Premium/Discount to List
-$99,000
-19.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.85%

Purchase Details

Closed on
Sep 28, 2009
Sold by
Greco Victor
Bought by
Petry Carmel M and Petrey Ethel C

Purchase Details

Closed on
Mar 3, 2006
Sold by
Fleischer Roland
Bought by
Greco Victor C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,800
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 1996
Sold by
Department Of Transportation
Bought by
Fleischer Roland

Purchase Details

Closed on
Mar 19, 1996
Sold by
Fleischer Hilde
Bought by
Fleischer Roland
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pierson Place Bungalows Llc -- None Listed On Document
Baca James -- Pinnacle Title Services
Espinoza Brian -- Great American Title Agency
Fix Design Build Llc $400,000 Great American Title Agency
Petry Carmel M $150,000 Security Title Agency
Greco Victor C $350,000 Chicago Title Insurance Co
Fleischer Roland -- Fidelity Title
Fleischer Roland -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baca James $350,000
Previous Owner Espinoza Brian $280,000
Previous Owner Greco Victor C $266,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2018 10/17/18 Sold $400,000 0.0% $257 / Sq Ft
10/17/2018 10/17/18 Sold $400,000 0.0% $308 / Sq Ft
10/10/2018 10/10/18 Off Market $400,000 -- --
08/19/2018 08/19/18 Price Changed $450,000 0.0% $346 / Sq Ft
08/19/2018 08/19/18 Price Changed $450,000 -9.8% $289 / Sq Ft
08/12/2018 08/12/18 For Sale $499,000 0.0% $321 / Sq Ft
06/26/2018 06/26/18 For Sale $499,000 -- $384 / 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 $3,659 $29,156 -- --
2024 $3,534 $27,767 -- --
2023 $3,534 $55,080 $11,010 $44,070
2022 $3,515 $40,780 $8,150 $32,630
2021 $3,574 $36,700 $7,340 $29,360
2020 $3,484 $35,200 $7,040 $28,160
2019 $3,333 $32,060 $6,410 $25,650
2018 $3,011 $28,560 $5,710 $22,850
2017 $2,751 $26,120 $5,220 $20,900
2016 $2,580 $23,770 $4,750 $19,020
2015 $2,401 $21,750 $4,350 $17,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5805988

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-35-018A