NOT LISTED FOR SALE

Estimated Value: $553,000 - $974,000

Studio
-- Bath
-- Sq Ft
2024 Built

Sale Details

Date Sold: November 16, 2024

Last sale price $845,000

Current estimated payment $5,133 / mo

10 Days on Market

Highlights

  • Multiple cooling system units
  • Ceiling Fan
  • Heat Pump System
  • Phoenix Coding Academy Rated A
  • Carpet

About This Home

As of November 2024

This duplex has 2 units, both units have 5 bedrooms and 2.5 baths each. Both are rented with guaranteed $3,028.08 per unit (including tax) a month from the city of Phoenix with 1 year leases in place. Each unit has the primary bedroom downstairs along with the kitchen, family room and 1/2 bath. There are 4 bedrooms and a bathroom upstairs along with a walkout balcony that over looks downtown Phoenix. These are all new construction and come with a 1 year full builder warranty. Both units have a large 2 car carport and small private backyard as well, each unit is separately meter for water and electric both.

Last Agent to Sell the Property

Jeremy Behie

AZ Brokerage Holdings, LLC License #SA712948000 Listed on: 09/23/2024

Co-Listed By

Leonard Behie

AZ Brokerage Holdings, LLC License #SA646088000

Last Buyer's Agent

Anthony Provinzino

HomeSmart License #SA710872000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,023

Year Built

  • Built in 2024

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Vinyl

Parking

  • 8 Open Parking Spaces
  • 12 Parking Spaces
  • Carport
  • Over 1 Space Per Unit

Schools

  • Silvestre S Herrera Elementary And Middle School
  • Central High School

Utilities

  • Multiple cooling system units
  • Central Air
  • Heat Pump System
  • Individual Controls for Heating
  • Separate Meters

Listing and Financial Details

  • Legal Lot and Block 1 / 6
  • Assessor Parcel Number 112-37-120

Community Details

Overview

  • 2 Units
  • Building Dimensions are Rectangular
  • Saguaro Tract Subdivision

Building Details

  • Operating Expense $4,523
  • Gross Income $72,673
  • Net Operating Income $68,150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,023

Year Built

Built in 2024

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 7th Ave & I17 freeway
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2024
  • Tax Year: 571
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: reax33
  • Co List Office Phone: 623-561-8800
  • Subdivision Name: SAGUARO TRACT
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Microwave, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition, Rolled/Hot Mop

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: >1 Space Per Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 12.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking Features:Carport: Yes
  • Parking Features >1 Space Per Unit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central Air, Ceiling Fan(s), Electric, Individual, 2 or More Units
  • Heating: Individual, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Silvestre S Herrera School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Silvestre S Herrera School

Lot Info

  • Lot Size: Rectangular
  • Additional Parcels: No
  • Parcel #: 112-37-120

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 2
  • Annual Gross Income: 72673.0
  • Insurance Expense: 1500.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 68150.0
  • Annual Operating Expense: 4523.0

Tax Info

  • Tax Annual Amount: 2023.0
  • Tax Block: 6
  • Tax Book Number: 112.00
  • Tax Lot: 1

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

Listed on
Sep 23, 2024
Closed on
Nov 4, 2024
Sold by
Bought by
Seller's Agent
Jeremy Behie
AZ Brokerage Holdings, LLC
Buyer's Agent
Anthony Provinzino
HomeSmart
List Price
$845,000
Sold Price
$845,000
Views
8
Current Estimated Value
$843,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,936
Avg. Annual Appreciation
-0.13%
Original Mortgage
$633,750
Interest Rate
0.0688%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2022
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
$170,000
Interest Rate
0.0511%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2020
Sold by
Bought by

Purchase Details

Closed on
Dec 7, 2001
Sold by
Bought by
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$845,000 First American Title Insurance
$170,000 Title Alliance Of Arizona
$65,000 Lawyers Title Of Arizona Inc
$25,000 First American Title
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 $623,000
Closed $633,750
Closed $473,726
Previous Owner $170,000
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
11/16/2024 11/16/24 Sold $845,000 0.0% --
10/03/2024 10/03/24 Pending -- -- --
09/23/2024 09/23/24 For Sale $845,000 -- --
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 $6,473 $4,310 $4,310
2024 $571 $4,105 $4,105
2023 $571 $11,025 $11,025 $0
2022 $550 $7,065 $7,065 $0
2021 $546 $5,985 $5,985 $0
2020 $553 $5,130 $5,130 $0
2019 $552 $3,750 $3,750 $0
2018 $542 $3,255 $3,255 $0
2017 $530 $3,420 $3,420 $0
2016 $515 $3,195 $3,195 $0
2015 $508 $3,408 $3,408 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6761108

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-37-120

Your Personal Tour Guide

Ask me questions while you tour the home.