NOT LISTED FOR SALE

715 E Mohave St Phoenix, AZ 85034

Central City Neighborhood

Estimated Value: $246,000 - $525,000

-- Bed
-- Bath
1,786 Sq Ft
$237/Sq Ft Est. Value

Last Sold August 24, 2022

Last sale price $579,000 $324 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $2,534/month

74 Days on Market

Highlights

  • Gated Community
  • 0.44 Acre Lot
  • Community Kitchen
  • Phoenix Coding Academy Rated A
  • Wood Flooring
  • Central Air

About This Home

As of August 2022

Here is the opportunity to develop this C3 zoned property to either 3 separate homes or use it for C-3 zoned business. This parcel is a combination of 3 lots, the West building is habitable and previous owner updated the electrical, roof and plumbing in 2006. The East building is in process of rehabbed into a 3 bedroom house and the vacant lot in the middle could be built as 3rd home. Please see zoning chart in Documents tab for ''Permitted Use''. Close to Downtown, freeways, and airport.

Last Agent to Sell the Property

Mehran Parsai

Compass License #BR112043000 Listed on: 05/27/2022

Compass

Last Buyer's Agent

Matthew Khalil

Kenneth James Realty License #BR684134000

Kenneth James Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,771

Year Built

  • Built in 1946

Lot Details

  • 0.44 Acre Lot
  • Block Wall Fence
  • Property is zoned C-3

Parking

  • Fenced Parking

Home Design

  • 1,786 Sq Ft Home
  • Tilt Up Walls
  • Composition Roof
  • Block Exterior
  • Metal Siding

Flooring

  • Wood
  • Ceramic Tile

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 115-45-027-A

Community Details

Overview

  • 2 Buildings
  • Adorable Homes Subdivision

Additional Features

  • Community Kitchen
  • Operating Expense $3,771
  • Gated Community

Property Details

Property Type

Other

Est. Annual Taxes

$3,771

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Cross Street: Mohave Street and 7th Street
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1946
  • Tax Year: 2021
  • Lot Size Acres: 0.44
  • Subdivision Name: ADORABLE HOMES
  • Structure Type: Other (See Remarks), Commercial, Industrial, Office, Manufacturing, Distribution/Warehse
  • Tax Parcel Letter: A
  • Roofing:Composition: Yes
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Living Area: 1786.0

Exterior Features

  • Fencing: Block
  • Disclosures: None
  • Construction Type: Tilt-Up, Metal Siding, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Construction:Metal: Yes
  • Construction:Tilt-Up: Yes

Garage/Parking

  • Parking Features: Fenced
  • Attached Garage: No
  • Parking Features Fenced: Yes

Utilities

  • Electric: APS
  • Cooling: Central Air, Office A/C
  • Heating: Electric
  • Green Building Features: Kitchen, Showers - Office, Security Gate
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 19166.0
  • Parcel #: 115-45-027-A

Multi Family

  • Annual Operating Expense: 3771.0

Tax Info

  • Tax Annual Amount: 3771.0
  • Tax Book Number: 115.00
  • Tax Lot: 37
  • Tax Map Number: 45.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2024
Sold by
Saadallah David
Bought by
Hassan Amr
Current Estimated Value
$422,614

Purchase Details

Listed on
May 27, 2022
Closed on
Aug 22, 2022
Sold by
18197 Llc
Bought by
Saadallah David
Seller's Agent
Mehran Parsai
Compass
Buyer's Agent
Matthew Khalil
Kenneth James Realty
List Price
$579,000
Sold Price
$579,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.05%
Original Mortgage
$521,100
Interest Rate
5.51%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
May 11, 2021
Closed on
Jan 6, 2022
Sold by
Bfe Real Estate Llc
Bought by
18197 Llc
Seller's Agent
Lisa Ross
DeLex Realty
Buyer's Agent
Mehran Parsai
Compass
List Price
$499,900
Sold Price
$430,000
Premium/Discount to List
-$69,900
-13.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.05%

Purchase Details

Closed on
Nov 28, 2006
Sold by
Rosales Saul
Bought by
Bfe Real Estate Llc

Purchase Details

Closed on
Jun 19, 2006
Sold by
Mowzoun Mesbah
Bought by
Bfe Real Estate Llc

Purchase Details

Closed on
Mar 20, 1996
Sold by
Carmical Edwin Neil
Bought by
Avila Ernesto and Avila Alexine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.98%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hassan Amr $521,000 Pioneer Title Agency
Saadallah David $579,000 Premier Title
18197 Llc $430,000 Chicago Title
Bfe Real Estate Llc $135,000 Chicago Title Insurance Co
Bfe Real Estate Llc $220,000 Transnation Title Ins Co
Avila Ernesto $35,000 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saadallah David $521,100
Previous Owner Avila Ernesto $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/24/2022 08/24/22 Sold $579,000 0.0% $324 / Sq Ft
05/26/2022 05/26/22 For Sale $579,000 +34.7% $324 / Sq Ft
12/28/2021 12/28/21 Sold $430,000 -13.1% $241 / Sq Ft View Prior Sale
07/04/2021 07/04/21 Price Changed $495,000 -1.0% $277 / Sq Ft
05/10/2021 05/10/21 For Sale $499,900 -- $280 / 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 $3,756 $26,445 -- --
2024 $3,721 $25,972 -- --
2023 $3,721 $34,884 $23,001 $11,883
2022 $3,694 $28,718 $17,693 $11,025
2021 $3,771 $29,214 $18,198 $11,016
2020 $3,815 $23,310 $12,312 $10,998
2019 $4,902 $32,562 $22,086 $10,476
2018 $4,818 $29,304 $18,720 $10,584
2017 $4,707 $27,468 $19,494 $7,974
2016 $4,571 $25,254 $17,730 $7,524
2015 $4,348 $24,161 $17,686 $6,475
Source: Public Records

Agents Affiliated with this Home

  • Mehran Parsai

    Seller's Agent in 2022

    Mehran Parsai

    Compass

    (480) 980-2244

    3 in this area

    85 Total Sales

    Mehran Parsai
    Section Image
  • Matthew Khalil

    Buyer's Agent in 2022

    Matthew Khalil

    Kenneth James Realty

    (916) 770-6120

    4 in this area

    130 Total Sales

    Matthew Khalil
    Section Image
  • Lisa Ross

    Seller's Agent in 2021

    Lisa Ross

    DeLex Realty

    (623) 205-7725

    2 in this area

    27 Total Sales

    Lisa Ross
    Section Image
  • Yvonne McFadden

    Seller Co-Listing Agent in 2021

    Yvonne McFadden

    DeLex Realty

    (480) 628-2619

    2 in this area

    38 Total Sales

    Yvonne McFadden
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6406927

Arizona Regional Multiple Listing Service (ARMLS)

APN: 115-45-027A

Arizona Maricopa County Phoenix 85034 Central City

715 E Mohave St, Phoenix, AZ

Not Listed for Sale

Other

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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