NOT LISTED FOR SALE

522 W Culver St Phoenix, AZ 85003

Downtown Phoenix Neighborhood

Estimated Value: $674,000 - $894,160

3 Beds
-- Bath
1,822 Sq Ft
$433/Sq Ft Est. Value

Last Sold November 25, 2019

Last sale price $400,000 $220 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $4,463/month

4 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

As of November 2019

COVETED ROOSEVELT HISTORIC DISTRICT Duplex Money Maker Ready For it's New Landlord! OR LIVE AND WORK FROM HERE with the new commercial historic zoning!
One 2-BR, 1-BA, 1,215 sq, ft unit and One, 1-BR, 1-BA, 800 sq. ft. unit. One of the city's finest and most beautiful downtown areas with finely manicured properties and commanding rental rates! Current rentals do not reflect what new rental rates could be. This property has been well maintained and is currently rented so DO NOT DISTURB tenants. Showings ONLY permitted after we have an accepted contract.

Last Agent to Sell the Property

Tom 'BIG T' Ross

Coldwell Banker Realty License #SA642903000 Listed on: 11/01/2019

Coldwell Banker Realty

Co-Listed By

Chris Carter-Kent

Compass License #BR648572000

Last Buyer's Agent

Tom Zarob

Phoenix Prestige Real Estate License #BR546214000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,893

Year Built

  • Built in 1936

Lot Details

  • 9,409

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Wood
  • Ceramic Tile

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Common or Shared Parking
  • On-Street Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for trash collection, water, sewer, cable TV
  • Legal Lot and Block 5 / 9
  • Assessor Parcel Number 111-31-024

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7500 - 10,000
  • Kenilworth Blks 1 6 Subdivision

Building Details

  • Operating Expense $2,873
  • Gross Income $27,420
  • Net Operating Income $24,547

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,893

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Cross Street: 7th Avenue & I-10
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: C-DT / DTC-ROOS
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1936
  • Tax Year: 2019
  • Directions: North on 7th Ave. Exit of I-10...right on Culver to the property on your left.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: cbrb02
  • Co List Office Phone: 602-954-6888
  • Subdivision Name: KENILWORTH BLKS 1-6
  • Cooling:Ceiling Fan(s): Yes
  • Construction Brick: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Appliances: Washer/Dryer
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block, Brick
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Street Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes

Utilities

  • Electric: City Electric
  • Cooling: Ceiling Fan(s), Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 7500 - 10,000
  • Additional Parcels: No
  • Parcel #: 111-31-024

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Water, Sewer, Cable TV
  • Number Of Units Total: 2
  • Annual Gross Income: 27420.0
  • Insurance Expense: 480.0
  • Maintenance Expense: 500.0
  • Property Net Operating Income: 24547.0
  • Annual Operating Expense: 2873.0

Tax Info

  • Tax Annual Amount: 1893.0
  • Tax Block: 9
  • Tax Book Number: 111.00
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2020
Sold by
Yanko David G
Bought by
David G Yanko Lp
Current Estimated Value
$788,790

Purchase Details

Listed on
Nov 1, 2019
Closed on
Nov 19, 2019
Sold by
Oasis At Diamond Village A 301 Llc
Bought by
Yanko David G
Seller's Agent
Tom 'BIG T' Ross
Coldwell Banker Realty
Buyer's Agent
Tom Zarob
Phoenix Prestige Real Estate
List Price
$400,000
Sold Price
$400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.53%

Purchase Details

Closed on
Feb 13, 2012
Sold by
Richtr Kimberly
Bought by
Oasis At Diamond Village A 3 Llc

Purchase Details

Closed on
Feb 16, 2007
Sold by
Eighteen Investments Inc
Bought by
Richter Kimberly J and Richter Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,500
Interest Rate
6.23%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 26, 2005
Sold by
Elwood Ralph D and Elwood Juletta J
Bought by
Eighteen Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2001
Sold by
Serrano Daniel and Serrano Jo Rita
Bought by
Elwood Ralph D and Elwood Juletta J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
David G Yanko Lp -- None Available
Yanko David G $400,000 Grand Canyon Title Agency
Oasis At Diamond Village A 3 Llc -- None Available
Richter Kimberly J $335,000 Stewart Title & Trust Of Pho
Eighteen Investments Inc $260,000 Stewart Title & Trust Of Pho
Elwood Ralph D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richter Kimberly $33,500
Previous Owner Richter Kimberly J $268,000
Previous Owner Eighteen Investments Inc $249,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2019 11/25/19 Sold $400,000 0.0% $220 / Sq Ft
11/05/2019 11/05/19 Pending -- -- --
11/01/2019 11/01/19 For Sale $400,000 -- $220 / 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 $1,977 $14,786 -- --
2024 $1,958 $14,082 -- --
2023 $1,958 $39,070 $7,810 $31,260
2022 $1,889 $30,330 $6,060 $24,270
2021 $1,874 $29,370 $5,870 $23,500
2020 $1,896 $24,960 $4,990 $19,970
2019 $1,893 $25,010 $5,000 $20,010
2018 $1,861 $22,550 $4,510 $18,040
2017 $1,817 $22,110 $4,420 $17,690
2016 $1,765 $19,070 $3,810 $15,260
2015 $1,633 $14,930 $2,980 $11,950
Source: Public Records

Agents Affiliated with this Home

  • Tom 'BIG T' Ross

    Seller's Agent in 2019

    Tom 'BIG T' Ross

    Coldwell Banker Realty

    (480) 239-0900

    71 Total Sales

    Tom 'BIG T' Ross
    Section Image
  • Chris Carter-Kent

    Seller Co-Listing Agent in 2019

    Chris Carter-Kent

    Compass

    (480) 388-0662

    56 Total Sales

    Chris Carter-Kent
    Section Image

  • T

    Buyer's Agent in 2019

    Tom Zarob

    Phoenix Prestige Real Estate

    (602) 708-1635

    26 Total Sales

    Tom Zarob
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5999598

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-31-024

Arizona Maricopa County Phoenix 85003 Downtown Phoenix

522 W Culver St, Phoenix, AZ

This home is located at 522 W Culver St, Phoenix, AZ 85003 since 01 November 2019 and is currently estimated at $788,790, approximately $432 per square foot. This property was built in 1936. 522 W Culver St is a home located in Maricopa County with nearby schools including Kenilworth Elementary 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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