NOT LISTED FOR SALE

Estimated Value: $308,000 - $569,000

Studio
3 Baths
2,800 Sq Ft
$167/Sq Ft Est. Value

Sale Details

Date Sold: October 29, 2024

Last sale price $600,000 $214 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $2,642 / mo

25 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Washington High School Rated 9+

About This Home

As of October 2024

Seller Financing Terms Available! 25th Drive consists of 4 units on 1 oversized lot, with resident access off of both 25th Drive and 26th Ave. The building on 25th has a renovated 2bed/1bath unit and a recently completed XL studio (new flooring, paint, kitchen, bathrooms). The duplex has two 'classic' 2bed/1bath units that are over 750 SF each and both have private yards, in unit laundry and ample parking. The units are on an oversized 18,161 SF lot that was formerly 2 parcels, but has been combined by the City of Phoenix. Buyers have the opportunity to amenitize (private yards, covered parking, rentable storage) the large portions of the lot that go unused by the tenants. A buyer could also develop additional units to max out the lot's permitted density.

Last Agent to Sell the Property

Carter Marks

Real Broker License #SA708002000 Listed on: 09/05/2024

Real Broker

Last Buyer's Agent

Candiss Canady

Russ Lyon Sotheby's International Realty License #SA701457000

Russ Lyon Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,187

Year Built

  • Built in 1959

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • On-Street Parking

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 156-01-037-A

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 18,161
  • Krall's Homesites Subdivision

Building Details

  • Operating Expense $1,187

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,187

Year Built

Built in 1959

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1959
  • Tax Year: 2023
  • Road Surface Type: Asphalt, Concrete
  • Subdivision Name: KRALL'S HOMESITES
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: W/D Hookup

Exterior Features

  • Disclosures: None
  • Construction Type: Block, Wood Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Parking Features: On Street, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: See Remarks

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 18,161
  • Additional Parcels: No
  • Parcel #: 156-01-037-A

Multi Family

  • Owner Pays: Other
  • Tenant Pays: See Remarks
  • Number Of Units Total: 4
  • Annual Operating Expense: 1187.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1187.0
  • Tax Book Number: 156.0
  • Tax Lot: 12

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

Closed on
Aug 29, 2025
Sold by
Bought by
Current Estimated Value
$468,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$99,387
Interest Rate
6.75%
Mortgage Type
Seller Take Back
Estimated Equity
$368,991

Purchase Details

Closed on
Jul 25, 2025
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
$100,000
Outstanding Balance
$99,387
Interest Rate
6.75%
Mortgage Type
Seller Take Back
Estimated Equity
$368,991

Purchase Details

Listed on
Sep 5, 2024
Closed on
Oct 8, 2024
Sold by
Bought by
Seller's Agent
Carter Marks
Real Broker
Buyer's Agent
Candiss Canady
Russ Lyon Sotheby's International Realty
List Price
$659,999
Sold Price
$600,000
Premium/Discount to List
-$59,999
-9.09%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.51%
Original Mortgage
$300,000
Interest Rate
6.2%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Oct 13, 2021
Closed on
Nov 3, 2021
Sold by
Bought by
Seller's Agent
Andy Adeli
Realty ONE Group
Buyer's Agent
Houstin Engstrom
Delex Realty
List Price
$629,000
Sold Price
$605,000
Premium/Discount to List
-$24,000
-3.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.28%

Purchase Details

Closed on
Feb 21, 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
$532,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 2019
Sold by
Bought by

Purchase Details

Closed on
Nov 28, 2011
Sold by
Bought by

Purchase Details

Closed on
Jun 14, 2011
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
$53,000
Interest Rate
4.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 10, 2011
Sold by
Bought by

Purchase Details

Closed on
Jan 12, 2006
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
$293,250
Interest Rate
9.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 11, 2006
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
$293,250
Interest Rate
9.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 25, 2002
Sold by
Bought by

Purchase Details

Closed on
Jul 12, 2000
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
$450,000 Fidelity National Title Agency
$420,332 First National Title
$600,000 Arizona Premier Title
$605,000 Great American Ttl Agcy Inc
$760,000 Empire West Title Agency Llc
$540,000 Empire West Title Agency Llc
-- Magnus Title Agency
-- First American Title Ins Co
$76,000 First American Title Ins Co
$72,000 None Available
-- Stewart Title & Trust Of Pho
$345,000 Stewart Title & Trust Of Pho
-- --
-- --
-- Fidelity Title
-- Fidelity Title
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
Open $100,000
Open $350,000
Previous Owner $300,000
Previous Owner $350,950
Previous Owner $532,000
Previous Owner $53,000
Previous Owner $293,250
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 Prior Sale
10/29/2024 10/29/24 Sold $600,000 -30.2% $214 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
09/05/2024 09/05/24 Price Changed $859,999 +30.3% $307 / Sq Ft
09/05/2024 09/05/24 For Sale $659,999 +9.1% $236 / Sq Ft
11/05/2021 11/05/21 Sold $605,000 -3.8% $216 / Sq Ft View Prior Sale
10/17/2021 10/17/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $629,000 -- $225 / Sq Ft
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 $1,256 $9,885 -- --
2024 $1,187 $9,414 -- --
2023 $1,187 $34,450 $6,890 $27,560
2022 $1,148 $26,600 $5,320 $21,280
2021 $1,163 $24,950 $4,990 $19,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6753120

Arizona Regional Multiple Listing Service (ARMLS)

APN: 156-01-037A

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