NOT LISTED FOR SALE

514 Brophy Ave Unit 1,2,3 Bisbee, AZ 85603

Estimated Value: $296,000 - $314,000

Studio
3 Baths
500 Sq Ft
$611/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $129,000 $258 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $1,794/month

196 Days on Market

Highlights

  • Wood Flooring
  • Evaporated cooling system
  • Floor Furnace
  • Lowell School Rated 9+

About This Home

As of June 2021

Three units rent for $550 to $600. Live in one and rent the others, or make part time rentals. Close to Old Bisbee with all its charm.

Last Agent to Sell the Property

David Greenberg

Arizona Homestores LLC License #BR007571000 Listed on: 09/23/2020

Last Buyer's Agent

Joanna McMullen

Arizona Homestores LLC License #BR648476000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,093

Year Built

  • Built in 1906

Lot Details

  • 3,180

Home Design

  • Wood Frame Construction
  • Metal Roof

Flooring

  • Wood
  • Concrete

Schools

  • Greenway Primary Elementary School
  • Lowell School - Bisbee Middle School
  • Bisbee High School

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 44 / 25
  • Assessor Parcel Number 103-61-043

Community Details

Overview

  • Building Dimensions are 47.18 x 67.82
  • Bisbee Townsite Subdivision

Building Details

  • Operating Expense $8,664
  • Gross Income $14,100
  • Net Operating Income $11,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,093

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Cross Street: Tombstone Canyon
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 1
  • Year Built: 1906
  • Tax Year: 2019
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2160.0
  • Subdivision Name: BISBEE TOWNSITE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood, Concrete
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Frame - Wood
  • Roof: Metal
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking:Street Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Evaporative Cooling, Wall/Window Unit(s)
  • Heating: Natural Gas, Floor Furnace, Wall Furnace
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private Franchise
  • Heating:Natural Gas: Yes
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 600.0
  • Annual Water Sewer Expense: 2311.0

Schools

  • Elementary School: Greenway Primary School
  • High School: Bisbee High School
  • Middle Or Junior School: Lowell School - Bisbee

Lot Info

  • Lot Size: 47.18 x 67.82
  • Additional Parcels: No
  • Parcel #: 103-61-043

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Annual Gross Income: 14100.0
  • Maintenance Expense: 1500.0
  • Property Net Operating Income: 11100.0
  • Annual Operating Expense: 8664.0
  • Vacancy Allowance Rate: 0.06

Tax Info

  • Tax Annual Amount: 2093.0
  • Tax Block: 25
  • Tax Book Number: 103.00
  • Tax Lot: 44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2025
Sold by
Harvin Ernest Arnold and Budden Ernest
Bought by
Alvarez Apartments Llc
Current Estimated Value
$305,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Outstanding Balance
$228,750
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$76,714

Purchase Details

Listed on
Sep 23, 2020
Closed on
Jun 17, 2021
Sold by
Van Vanbryan B and Van Melanie A
Bought by
Harvin Ernest Arnold
Seller's Agent
David Greenberg
Arizona Homestores LLC
Buyer's Agent
Joanna McMullen
Arizona Homestores LLC
List Price
$139,900
Sold Price
$129,000
Premium/Discount to List
-$10,900
-7.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.71%
Original Mortgage
$96,750
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 4, 2019
Sold by
Rohrbach Family Trust and Rohrbach Michael W
Bought by
Van Vanbryan B and Van Melanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.8%
Mortgage Type
Unknown

Purchase Details

Closed on
May 24, 2006
Sold by
Cohen Matthew and Cohen Barbara
Bought by
Rohrbach Michael W and Rohrbach Susan J
Source: Public Records
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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
Alvarez Apartments Llc $305,000 Fidelity National Title
Harvin Ernest Arnold $129,000 Pioneer Title Agency Inc
Van Vanbryan B -- Pioneer Title
Vanbryan B $90,000 Pioneer Title Agency
Rohrbach Michael W $47,000 Pioneer Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Apartments Llc $228,750
Previous Owner Harvin Ernest Arnold $96,750
Previous Owner Vanbryan B $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2021 06/18/21 Sold $129,000 -7.8% $258 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
09/21/2020 09/21/20 For Sale $139,900 -- $280 / 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 $2,359 $39,110 $5,730 $33,380
2024 $2,359 $34,517 $5,730 $28,787
2023 $2,245 $27,268 $4,200 $23,068
2022 $2,156 $24,649 $4,200 $20,449
2021 $2,154 $25,118 $4,200 $20,918
2020 $2,088 $0 $0 $0
2019 $2,093 $0 $0 $0
2018 $2,185 $0 $0 $0
2017 $2,073 $0 $0 $0
2016 $2,034 $0 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Greenberg

    Seller's Agent in 2021

    David Greenberg

    Arizona Homestores LLC

    (520) 227-1193

    17 in this area

    95 Total Sales

    David Greenberg
    Section Image
  • Joanna McMullen

    Buyer's Agent in 2021

    Joanna McMullen

    Arizona Homestores LLC

    (520) 559-0911

    12 in this area

    85 Total Sales

    Joanna McMullen
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6136298

Arizona Regional Multiple Listing Service (ARMLS)

APN: 103-61-043

Arizona Cochise County Bisbee 85603

514 Brophy Ave Unit 1,2,3, Bisbee, AZ

Not Listed for Sale

MultiFamily

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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