NOT LISTED FOR SALE

Estimated Value: $205,000 - $285,000

Studio
2 Baths
-- Sq Ft
1926 Built

Sale Details

Date Sold: March 2, 2023

Last sale price $197,000

Est. 19% increase in value since last sale

Current estimated payment $1,399 / mo

290 Days on Market

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

MPB Realty Services License #SA545421000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,772

Year Built

  • Built in 1926

Home Design

  • Foam Roof
  • Stucco

Utilities

  • No Cooling
  • Heating Available

Listing and Financial Details

  • The owner pays for water, electricity, gas
  • 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 Sq Ft Lot

Listing Details

  • Cross Street: 7th ST AND MOHAVE
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1926
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Subdivision Name: COPE ADD BLKS 1-6
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Other

Exterior Features

  • Exterior Features: Sidewalk(s)
  • 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: No
  • 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: Water, Electricity, Gas
  • Tenant Pays: None
  • Number Of Units Total: 3
  • Annual Operating Expense: 1772.0

Tax Info

  • Tax Annual Amount: 1772.0
  • Tax Block: 2
  • Tax Book Number: 112.0
  • Tax Lot: 21

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
Apr 18, 2022
Closed on
Mar 9, 2023
Sold by
Bought by
Seller's Agent
Angelica Murrieta
HomeSmart
Buyer's Agent
Sonia Galaviz
MPB Realty Services
List Price
$229,900
Sold Price
$197,000
Premium/Discount to List
-$32,900
-14.31%
Views
183
Current Estimated Value
$234,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,667
Avg. Annual Appreciation
5.50%
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
Bought by
Seller's Agent
Angelica Murrieta
HomeSmart
Buyer's Agent
Sonia Galaviz
MPB Realty Services
List Price
$229,900
Sold Price
$197,000
Premium/Discount to List
-$32,900
-14.31%
Views
183

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
Bought by
Seller's Agent
Angelica Murrieta
HomeSmart
Buyer's Agent
Sonia Galaviz
MPB Realty Services
List Price
$229,900
Sold Price
$197,000
Premium/Discount to List
-$32,900
-14.31%
Views
183

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
Bought by
Seller's Agent
Angelica Murrieta
HomeSmart
Buyer's Agent
Sonia Galaviz
MPB Realty Services
List Price
$229,900
Sold Price
$197,000
Premium/Discount to List
-$32,900
-14.31%
Views
183

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
Bought by
Seller's Agent
Angelica Murrieta
HomeSmart
Buyer's Agent
Sonia Galaviz
MPB Realty Services
List Price
$229,900
Sold Price
$197,000
Premium/Discount to List
-$32,900
-14.31%
Views
183

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
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
$50,000
Interest Rate
3.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 15, 2010
Sold by
Bought by

Purchase Details

Closed on
Nov 26, 2008
Sold by
Bought by

Purchase Details

Closed on
Jul 31, 2008
Sold by
Bought by

Purchase Details

Closed on
Apr 18, 2008
Sold by
Bought by

Purchase Details

Closed on
Mar 10, 1997
Sold by
Bought by
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

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
-- --
-- None Listed On Document
$231,000 First Integrity Title
$197,000 First Integrity Title
$231,000 First Integrity Title
$197,000 First Integrity Title
$90,000 Great American Title Agency
-- None Available
-- None Available
-- None Available
-- None Available
-- --
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
Closed $264,350
Closed $264,350
Previous Owner $50,000
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
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

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 $1,538 $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

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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

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