NOT LISTED FOR SALE

518 E Mohave St Phoenix, AZ 85004

Central City Neighborhood

Estimated Value: $194,000 - $644,717

-- Bed
2 Baths
-- Sq Ft
6,316 Sq Ft Lot

Last Sold March 02, 2023

Last sale price $197,000

Est. 133% increase in value since last sale

Current estimated payment $2,647/month

290 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of March 2023

AMAZING OPPORTUNITY NEAR DOWNTOWN PHOENIX. BUILT IN 1926 THIS UNIQUE PROPERTY HAS TWO STUDIO APARTMENTD IN FRONT WITH A MECHANIC SHOP IN REAR. CITY ZONED R-3 WITH A PROPERTY DESCRIPTION AS (1120) STORE FRONT COMML BLDG. THE OPPORTUNITIES ARE PLENTY. CURRENTLY RENTED MONTH TO MONTH. PROPERTY BEING SOLD AS-IS.

Last Agent to Sell the Property

Angelica Murrieta

HomeSmart License #SA557785000 Listed on: 04/18/2022

Last Buyer's Agent

Sonia Galaviz

West USA Realty License #SA545421000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,772

Year Built

  • Built in 1926

Lot Details

  • 6,316

Home Design

  • Foam Roof
  • Stucco

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for gas, electricity, water
  • Legal Lot and Block 21 / 2
  • Assessor Parcel Number 112-40-044

Community Details

Overview

  • 3 Units
  • Building Dimensions are 64.42 X 99.13
  • Cope Add Blks 1 6 Subdivision

Building Details

  • Operating Expense $1,772

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,772

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Cross Street: 7th ST AND MOHAVE
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1926
  • Tax Year: 2021
  • Directions: WEST ON 7th ST TO 518 E MOHAVE
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: COPE ADD BLKS 1-6
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Other
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Other, Stucco
  • Roof: Foam

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No

Utilities

  • Electric: APS
  • Cooling: None
  • Heating: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 64.42 X 99.13
  • Additional Parcels: No
  • Parcel #: 112-40-044

Multi Family

  • Owner Pays: Gas, Electricity, Water
  • Number Of Units Total: 3
  • Annual Operating Expense: 1772.0

Tax Info

  • Tax Annual Amount: 1772.0
  • Tax Block: 2
  • Tax Book Number: 112.00
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2022
Closed on
Mar 9, 2023
Sold by
Orchid Homes Llc
Bought by
Yukon Homes Llc
Seller's Agent
Angelica Murrieta
HomeSmart
Buyer's Agent
Sonia Galaviz
West USA Realty
List Price
$229,900
Sold Price
$197,000
Premium/Discount to List
-$32,900
-14.31%
Views
188
Current Estimated Value
$459,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,572
Avg. Annual Appreciation
37.57%
Original Mortgage
$264,350
Interest Rate
6.15%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 18, 2022
Closed on
Mar 8, 2023
Sold by
Orchid Homes Llc
Bought by
Yukon Homes Llc
Seller's Agent
Angelica Murrieta
HomeSmart
Buyer's Agent
Sonia Galaviz
West USA Realty
List Price
$229,900
Sold Price
$197,000
Premium/Discount to List
-$32,900
-14.31%
Views
188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,350
Interest Rate
6.15%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 18, 2022
Closed on
Mar 3, 2023
Sold by
Thing Big Llc
Bought by
Orchid Homes Llc
Seller's Agent
Angelica Murrieta
HomeSmart
Buyer's Agent
Sonia Galaviz
West USA Realty
List Price
$229,900
Sold Price
$197,000
Premium/Discount to List
-$32,900
-14.31%
Views
188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,350
Interest Rate
6.15%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 18, 2022
Closed on
Mar 2, 2023
Sold by
Thing Big Llc
Bought by
Orchid Homes Llc
Seller's Agent
Angelica Murrieta
HomeSmart
Buyer's Agent
Sonia Galaviz
West USA Realty
List Price
$229,900
Sold Price
$197,000
Premium/Discount to List
-$32,900
-14.31%
Views
188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,350
Interest Rate
6.15%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 18, 2022
Closed on
Mar 1, 2023
Sold by
Garcia Amanda F
Bought by
Thing Big Llc
Seller's Agent
Angelica Murrieta
HomeSmart
Buyer's Agent
Sonia Galaviz
West USA Realty
List Price
$229,900
Sold Price
$197,000
Premium/Discount to List
-$32,900
-14.31%
Views
188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,350
Interest Rate
6.15%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 3, 2020
Sold by
Lucero John Paul and Lucero Living Trust
Bought by
Garcia Amanda F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 15, 2010
Sold by
Lucero Isabel G
Bought by
Lucero Isabel G and Lucero Living Trust

Purchase Details

Closed on
Nov 26, 2008
Sold by
Lucero Isabel G
Bought by
Gonzalez Debra and Gonzalez Vanessa

Purchase Details

Closed on
Jul 31, 2008
Sold by
Gonzalez Eusebio G
Bought by
Lucero Isabel G

Purchase Details

Closed on
Apr 18, 2008
Sold by
Lucero Isabel G
Bought by
Gonzalez Eusebio G

Purchase Details

Closed on
Mar 10, 1997
Sold by
Garcia Amada F
Bought by
Lucero Isabel G
Source: Public Records

Range of Values:

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Average Value
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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
Yukon Homes Llc -- --
Yukon Homes Llc -- None Listed On Document
Orchid Homes Llc $231,000 First Integrity Title
Thing Big Llc $197,000 First Integrity Title
Orchid Homes Llc $231,000 First Integrity Title
Thing Big Llc $197,000 First Integrity Title
Garcia Amanda F $90,000 Great American Title Agency
Lucero Isabel G -- None Available
Gonzalez Debra -- None Available
Lucero Isabel G -- None Available
Gonzalez Eusebio G -- None Available
Lucero Isabel G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yukon Homes Llc $411,000
Closed Orchid Homes Llc $264,350
Closed Orchid Homes Llc $264,350
Previous Owner Garcia Amanda F $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2023 03/02/23 Sold $197,000 -14.3% --
02/02/2023 02/02/23 Pending -- -- --
12/08/2022 12/08/22 For Sale $229,900 0.0% --
11/12/2022 11/12/22 Pending -- -- --
08/01/2022 08/01/22 Price Changed $229,900 -14.8% --
04/29/2022 04/29/22 Price Changed $269,900 -10.0% --
04/18/2022 04/18/22 For Sale $299,900 -- --
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 $1,713 $10,825 -- --
2024 $1,748 $12,202 -- --
2023 $1,748 $18,462 $10,166 $8,296
2022 $1,736 $16,590 $8,960 $7,630
2021 $1,772 $16,866 $9,216 $7,650
2020 $1,792 $15,570 $7,992 $7,578
2019 $1,789 $12,546 $5,364 $7,182
2018 $1,759 $11,934 $4,662 $7,272
2017 $1,718 $11,106 $4,860 $6,246
2016 $1,669 $10,170 $4,536 $5,634
2015 $1,587 $8,992 $4,533 $4,459
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Angelica Murrieta

    HomeSmart

  • Sonia Galaviz

    Buyer's Agent in 2023

    Sonia Galaviz

    West USA Realty

    (602) 579-2437

    1 in this area

    28 Total Sales

    Sonia Galaviz
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6385587

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-40-044

Arizona Maricopa County Phoenix 85004 Central City

518 E Mohave St, Phoenix, AZ

This home is located at 518 E Mohave St, Phoenix, AZ 85004 since 18 April 2022 and is currently estimated at $459,572. This property was built in 1926. 518 E Mohave St is a home located in Maricopa County with nearby schools including Silvestre Herrera School, Phoenix Coding Academy, and Central High School.

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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