NOT LISTED FOR SALE

4838 S 8th St Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $161,000 - $175,000

-- Bed
1 Bath
1,417 Sq Ft
$118/Sq Ft Est. Value

Last Sold April 02, 2024

Last sale price $160,000 $113 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,003/month

Highlights

  • RV or Boat Parking
  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Concrete Flooring

About This Home

As of April 2024

''Presently, a single-family home graces this property. Yet, it's worth noting that the zoning designates it as Multi-Family, presenting an enticing prospect for potential buyers. Seize the opportunity to unlock its full potential by envisioning and developing a multifamily residence, thereby creating a lucrative income stream.''

Last Listed By

Rion Lane

Century 21 Northwest License #SA664332000 Listed on: 12/14/2023

Century 21 Northwest

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $400

Year Built

  • Built in 1950

Lot Details

  • 7,797

Home Design

  • Wood Frame Construction

Flooring

  • Concrete Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • On-Street Parking
  • RV or Boat Parking

Schools

  • Roosevelt Elementary School
  • South Mountain High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 113-48-020

Community Details

Overview

  • Building Dimensions are 130' x 60' x 130' x 60'
  • Roeser Homes Subdivision

Building Details

  • Operating Expense $400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$400

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: Broadway & 7th St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi family
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1950
  • Tax Year: 2023
  • Directions: From Broadway - go south on 7th St. Go east on Mobile Ln. Go north on 8th St. Property will be on the west side of the street.
  • Road Surface Type: Asphalt
  • Subdivision Name: ROESER HOMES
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Parking Features: RV Access/Parking, On Street
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Exterior Amenities:RVBoat Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Window/Wall Unit
  • Heating: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Separate Storage: Yes

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 130' x 60' x 130' x 60'
  • Additional Parcels: No
  • Parcel #: 113-48-020

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 1
  • Annual Operating Expense: 400.0

Tax Info

  • Tax Annual Amount: 400.0
  • Tax Book Number: 113.00
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2023
Closed on
Apr 2, 2024
Sold by
Murray Christopher John and Mcdonald Bruce Lee
Bought by
Tampa Francisca Diaz
Seller's Agent
Rion Lane
Century 21 Northwest
Buyer's Agent
Isaac Nieblas
InHouseVIP
List Price
$195,000
Sold Price
$160,000
Premium/Discount to List
-$35,000
-17.95%
Total Days on Market
0
Views
16
Current Estimated Value
$167,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,075
Avg. Annual Appreciation
3.94%

Purchase Details

Closed on
Jan 25, 2004
Sold by
Franks Walter L
Bought by
Buck Sandra Kay and Mcdonald Bruce Lee

Purchase Details

Closed on
Jan 1, 2003
Sold by
Franks Edwina Maddox
Bought by
Franks Walter L

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
Tampa Francisca Diaz $160,000 First Integrity Title Agency O
Buck Sandra Kay $30,000 --
Franks Walter L -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2024 04/02/24 Sold $160,000 -17.9% $113 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
12/15/2023 12/15/23 For Sale $195,000 -- $138 / 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 $919 $6,258 -- --
2024 $400 $5,960 -- --
2023 $400 $11,050 $2,210 $8,840
2022 $391 $7,950 $1,590 $6,360
2021 $230 $10,320 $2,060 $8,260
2020 $228 $9,660 $1,930 $7,730
2019 $220 $7,930 $1,580 $6,350
2018 $214 $6,520 $1,300 $5,220
2017 $199 $4,630 $920 $3,710
2016 $189 $4,310 $860 $3,450
2015 $175 $3,220 $640 $2,580
Source: Public Records

Agents Affiliated with this Home

  • Rion Lane

    Seller's Agent in 2024

    Rion Lane

    Century 21 Northwest

    (623) 224-5577

    1 in this area

    10 Total Sales

    Rion Lane
    Section Image
  • Isaac Nieblas

    Buyer's Agent in 2024

    Isaac Nieblas

    InHouseVIP

    (602) 403-2222

    11 in this area

    41 Total Sales

    Isaac Nieblas
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6640715

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-48-020

Arizona Maricopa County Phoenix 85040 South Mountain

4838 S 8th St, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 4838 S 8th St, Phoenix, AZ 85040 since 14 December 2023 and is currently estimated at $167,075, approximately $117 per square foot. This property was built in 1950. 4838 S 8th St is a home located in Maricopa County with nearby schools including Irene Lopez School, South Mountain High School, and Phoenix Coding Academy.

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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