NOT LISTED FOR SALE
7 Beds
4 Baths
1,500 Sq Ft
1962 Built

Sale Details

Date Sold: November 7, 2024

Last sale price $825,000 $550 Per Sq Ft

61 Days on Market

Highlights

  • Cooling Available
  • Vinyl Flooring
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of November 2024

Closed 11.7.24 for $825,000 along with 4912 E Holly at $825,000. 8 total units/$1,650,000. Conventional financing (two loans). The Holly 8 complex consists of twin four-unit buildings that share a pretty courtyard (4920/4912 E Holly). Sought-after mix of three 2 bedroom & one 1 bed/den units (2850 total sf/4 +/-). Every unit has been upgraded in the last few years. All new 200 amp electrical services with major plumbing upgrades. Great looking kitchens with all SS appliances & dishwashers. Granite/quartz countertops. all new flooring & fixtures, with nicely redone bathrooms. Two units have w/d units, the others have hookups. Private fenced patios, storage, carports/ample parking. Huge 11,500 sf lot. Rents are $5200/mo ($10,400/8 units).

Last Agent to Sell the Property

James Stephens

Better Homes & Gardens Real Estate SJ Fowler License #BR650365000 Listed on: 08/02/2024

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Curtis Dean

Compass License #SA623683000

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,451

Year Built

  • Built in 1962

Home Design

  • Tile Roof

Parking

  • 10 Parking Spaces
  • 5 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating
  • Separate Meters

Additional Features

  • Vinyl Flooring
  • Additional Parcels

Listing and Financial Details

  • Tenant pays for electricity, water, sewer, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 10
  • Assessor Parcel Number 126-18-015-E

Community Details

Overview

  • 4 Units
  • Building Dimensions are 11581 sf
  • Orangedale Tract 1,2, & 7,8 Subdivision

Building Details

  • Operating Expense $9,367
  • Gross Income $59,850
  • Net Operating Income $50,299

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,451

Year Built

Built in 1962

Listing Details

  • Cross Street: 48th St & Thomas
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2023
  • Road Surface Type: Asphalt
  • Subdivision Name: ORANGEDALE TRACT 1,2, & 7,8
  • Tax Parcel Letter: E
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Vinyl
  • Appliances: Other (See Remarks), F/S Oven/Range, Microwave, Washer/Dryer, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Other (See Remarks)56: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Slump Block
  • Roof: Tile
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Other (See Remarks), Add'l Parking Avail, >1 Space Per Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 10.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Individual, Heat Pump, Electric
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: Other, No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Other (See Remarks)51: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 11581 sf
  • Additional Parcels: Yes
  • Parcel #: 126-18-015-E

Multi Family

  • Owner Pays: See Remarks, Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: See Remarks, Electricity, Water, Sewer, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 59850.0
  • Property Net Operating Income: 50299.0
  • Annual Operating Expense: 9367.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1451.0
  • Tax Book Number: 126.00
  • Tax Lot: 10
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
11/07/2024 11/07/24 Sold $825,000 -8.2% $550 / Sq Ft
10/02/2024 10/02/24 Pending -- -- --
08/26/2024 08/26/24 Price Changed $899,000 -8.3% $599 / Sq Ft
08/02/2024 08/02/24 For Sale $980,000 +70.4% $653 / Sq Ft
02/10/2021 02/10/21 Sold $575,000 -3.8% $383 / Sq Ft View Prior Sale
01/21/2021 01/21/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $598,000 0.0% $399 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $598,000 0.0% $399 / Sq Ft
12/21/2020 12/21/20 For Sale $598,000 0.0% $399 / Sq Ft
12/10/2020 12/10/20 Pending -- -- --
12/03/2020 12/03/20 For Sale $598,000 +378.4% $399 / Sq Ft
06/27/2012 06/27/12 Sold $125,000 0.0% $83 / Sq Ft View Prior Sale
01/25/2012 01/25/12 Pending -- -- --
01/20/2012 01/20/12 For Sale $125,000 -- $83 / 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 $1,556 $12,195 -- --
2024 $1,451 $11,614 -- --
2023 $1,451 $49,130 $9,820 $39,310
2022 $1,353 $38,600 $7,720 $30,880
2021 $1,380 $34,770 $6,950 $27,820
2020 $1,354 $30,450 $6,090 $24,360
2019 $1,350 $24,850 $4,970 $19,880
2018 $1,269 $20,850 $4,170 $16,680
2017 $1,215 $17,720 $3,540 $14,180
2016 $1,189 $14,430 $2,880 $11,550
2015 $1,117 $10,650 $2,130 $8,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6739497

Arizona Regional Multiple Listing Service (ARMLS)
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