C
Seller's Agent in 2024
Camelia Dobos
West USA Realty
(602) 944-2215
4 in this area
40 Total Sales
614 W Apache St Phoenix, AZ 85003
Central City NeighborhoodEstimated Value: $565,000 - $673,000
25
Beds
--
Bath
3,216
Sq Ft
$192/Sq Ft
Est. Value
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Heat Pump System
- Phoenix Coding Academy Rated A
About This Home
As of March 2024Fourplex has all 2 bedroom units/ 1 bathroom with dryer/washer hook-up. All the units are rented at an average of $1000/month. Great opportunity to own and manage 4 units in the heart of Phoenix downtown!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,274
Year Built
- Built in 1983
Lot Details
- 7,013
Home Design
- Wood Frame Construction
- Composition Roof
- Siding
- Stucco
Flooring
- Ceramic Tile
- Vinyl
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
Schools
- Silvestre S Herrera Elementary And Middle School
- Central High School
Utilities
- Cooling Available
- Heat Pump System
- Individual Controls for Heating
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for trash collection, water, sewer, landscaping
- Legal Lot and Block 18 / 6
- Assessor Parcel Number 112-37-137
Community Details
Overview
- 4 Units
- Building Dimensions are IRR
- Saguaro Tract Subdivision
Building Details
- Operating Expense $8,474
- Gross Income $48,000
- Net Operating Income $44,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 28, 2023
Closed on
Mar 18, 2024
Sold by
Denner Llc
Bought by
Mbonda Joseph
Seller's Agent
Camelia Dobos
West USA Realty
Buyer's Agent
Derek Rothe
Grace CRE
List Price
$680,000
Sold Price
$650,000
Premium/Discount to List
-$30,000
-4.41%
Total Days on Market
152
Views
41
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,458
Avg. Annual Appreciation
-4.36%
Original Mortgage
$487,500
Outstanding Balance
$482,184
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$136,152
Purchase Details
Closed on
Sep 18, 2020
Sold by
Tran Hung Tan and Tran Diana Thi
Bought by
Guillet Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 11, 2015
Sold by
Tran Hung Tan and Tran Diana Thi
Bought by
The Hung & Diana Tran Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,130,000
Interest Rate
3.85%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Listed on
May 3, 2013
Closed on
Jun 25, 2013
Sold by
Hernandez Jesus R and Hernandez Lorenza M
Bought by
Tran Hunt Tan and Tran Diana Thi
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
List Price
$149,000
Sold Price
$138,500
Premium/Discount to List
-$10,500
-7.05%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.47%
Original Mortgage
$103,875
Interest Rate
3.48%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 9, 2004
Sold by
Hernandez Jesus R
Bought by
Hernandez Jesus R and Hernandez Lorenza M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
5.77%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
May 17, 2004
Sold by
Hernandez Lorenza M
Bought by
Hernandez Jesus R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
5.77%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Jan 9, 1996
Sold by
Linde Jean M
Bought by
Hernandez Jesus R and Hernandez Lorenza M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,900
Interest Rate
6.98%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mbonda Joseph | $650,000 | Driggs Title Agency | |
| Guillet Investments Llc | $310,000 | Security Title Agency Inc | |
| The Hung & Diana Tran Living Trust | -- | None Available | |
| Tran Hunt Tan | $138,500 | Chicago Title Agency Inc | |
| Hernandez Jesus R | -- | -- | |
| Hernandez Jesus R | -- | Westland Title Agency Of Az | |
| Hernandez Jesus R | $66,000 | Lawyers Title Of Arizona Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mbonda Joseph | $487,500 | |
| Previous Owner | Guillet Investments Llc | $285,000 | |
| Previous Owner | Cci Lap #Ii Lp | $2,130,000 | |
| Previous Owner | Tran Hunt Tan | $103,875 | |
| Previous Owner | Hernandez Jesus R | $77,000 | |
| Previous Owner | Hernandez Jesus R | $42,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/18/2024 03/18/24 | Sold | $650,000 | -2.3% | $202 / Sq Ft |
| 01/30/2024 01/30/24 | Pending | -- | -- | -- |
| 11/10/2023 11/10/23 | Price Changed | $665,000 | -2.2% | $207 / Sq Ft |
| 11/02/2023 11/02/23 | Price Changed | $680,000 | 0.0% | $211 / Sq Ft |
| 11/02/2023 11/02/23 | For Sale | $680,000 | 0.0% | $211 / Sq Ft |
| 10/23/2023 10/23/23 | For Sale | $680,000 | 0.0% | $211 / Sq Ft |
| 09/29/2023 09/29/23 | Off Market | $680,000 | -- | -- |
| 08/30/2023 08/30/23 | For Sale | $680,000 | +391.0% | $211 / Sq Ft |
| 07/02/2013 07/02/13 | Sold | $138,500 | -7.0% | $43 / Sq Ft |
| 05/09/2013 05/09/13 | Pending | -- | -- | -- |
| 05/03/2013 05/03/13 | For Sale | $149,000 | -- | $46 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,333 | $9,971 | -- | -- |
| 2024 | $1,321 | $9,497 | -- | -- |
| 2023 | $1,321 | $37,770 | $7,550 | $30,220 |
| 2022 | $1,274 | $26,960 | $5,390 | $21,570 |
| 2021 | $1,264 | $21,600 | $4,320 | $17,280 |
| 2020 | $1,279 | $17,770 | $3,550 | $14,220 |
| 2019 | $1,277 | $16,180 | $3,230 | $12,950 |
| 2018 | $1,255 | $15,950 | $3,190 | $12,760 |
| 2017 | $1,226 | $14,260 | $2,850 | $11,410 |
| 2016 | $1,191 | $11,350 | $2,270 | $9,080 |
| 2015 | $1,102 | $10,070 | $2,010 | $8,060 |
Source: Public Records
Agents Affiliated with this Home
-
Camelia Dobos
-
Derek Rothe
Buyer's Agent in 2024
Derek Rothe
Grace CRE
(425) 985-0700
2 in this area
38 Total Sales
-
Seller's Agent in 2013
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
-
L
Seller Co-Listing Agent in 2013
Lois Kaipainen
Income Property Shop
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6597965
APN: 112-37-137
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.
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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