4811 N 15th Ave Phoenix, AZ 85015
Uptown Phoenix NeighborhoodEstimated payment $12,708/month
Highlights
- Cooling Available
- Phoenix Coding Academy Rated A
- Heating Available
About This Home
Advantageously situated directly north of Midtown's Melrose Arts District , Palm Square (''the property'') is an 18-unit community primely located in Central Phoenix. With the convenience and proximity of the Interstate 17 Freeway and State Route 51, two of The Valley's major transportation arteries, residents are provided direct access to nearly any destination across The Valley within a desirable commute time. A number of the most prominent employment and entertainment corridors in the state are just a short drive away. The Innovation Employment Corridor, which runs down Central Avenue, provides employment opportunities from some of the most prolific companies in Arizona such as Banner Health and IBM. In addition, Palm Square is just two miles from Grand Canyon University, the largest Christian university in the nation, with an on-campus enrollment of ±25,000 students and online enrollment of ±90,000 students. Built in 1958 Palm Square is comprised of 6 studio, 10 one-bedroom, and 2 two-bedroom floorplans. The entire community's exterior has been renovated with new paint, landscaping, roof, windows, and select mechanical (HVAC and electrical). In addition, 15 of the 18 unit's interiors have been renovated with new appliances, countertops, cabinets, flooring, fixtures, hardware, and individual washer/dryer.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,286
Year Built
- Built in 1958
Lot Details
- Additional Parcels
Home Design
- Tile Roof
- Composition Roof
- Block Exterior
Parking
- 3 Open Parking Spaces
- 20 Parking Spaces
- 17 Covered Spaces
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- The owner pays for water, sewer, trash collection, landscaping
- Tax Lot 64
- Assessor Parcel Number 155-44-069-B
Community Details
Overview
- 2 Buildings
- 18 Units
- Building Dimensions are 0.67
Building Details
- Operating Expense $90,167
- Gross Income $227,859
- Net Operating Income $141,099
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,184 | $16,821 | -- | -- |
| 2024 | $2,039 | $16,020 | -- | -- |
| 2023 | $2,039 | $65,420 | $12,500 | $52,920 |
| 2022 | $2,028 | $45,240 | $8,640 | $36,600 |
| 2021 | $2,062 | $39,410 | $7,530 | $31,880 |
| 2020 | $2,010 | $33,360 | $6,370 | $26,990 |
| 2019 | $1,923 | $29,170 | $5,570 | $23,600 |
| 2018 | $1,859 | $24,870 | $4,750 | $20,120 |
| 2017 | $1,707 | $21,640 | $4,130 | $17,510 |
| 2016 | $1,647 | $19,920 | $3,800 | $16,120 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/03/2026 03/03/26 | For Sale | $2,400,000 | 0.0% | -- | |
| 12/15/2023 12/15/23 | For Rent | -- | -- | -- | |
| 12/31/2014 12/31/14 | Sold | $450,000 | -4.1% | $236 / Sq Ft | View Prior Sale |
| 11/15/2014 11/15/14 | Pending | -- | -- | -- | |
| 11/14/2014 11/14/14 | For Sale | $469,000 | -- | $246 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $2,400,000 | Chicago Title Agency Inc | |
| Warranty Deed | $1,800,000 | Magnus Title Agency Llc | |
| Warranty Deed | $437,500 | Great Amer Title Agency Inc | |
| Special Warranty Deed | $695,000 | Chicago Title Insurance Co | |
| Warranty Deed | $475,000 | Security Title Agency | |
| Warranty Deed | $277,500 | Fidelity Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $1,820,000 | Construction | |
| Previous Owner | $1,350,000 | Commercial | |
| Previous Owner | $500,000 | Purchase Money Mortgage | |
| Previous Owner | $210,000 | Seller Take Back |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6992561
APN: 155-44-071A
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Ask me questions while you tour the home.