NOT LISTED FOR SALE

Estimated Value: $446,000 - $512,281

2 Beds
2 Baths
1,276 Sq Ft
$387/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $400,000 $313 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,761/month

7 Days on Market

Highlights

  • 2 Fireplaces
  • No HOA
  • Central Air
  • Phoenix Coding Academy Rated A
  • Eat-In Kitchen
  • Wood Fence

About This Home

As of April 2021

This historic home is Zoned R-5 with an Arts and Culture overlay so the possibilities of what can be done with this property are endless. Run a business out of it, build another house in the back, or install a lazy river with a swim up bar! This lot is nearly 9,000 sq ft which is a rare find for this neighborhood. Built in 1916 it is located in the heart of downtown, close to everything it has to offer. The Garfield Historic District hosts several local businesses. Wake up to fresh coffee at the new Xanadu coffee shop a half block away, then head around the corner to Gallo Blanco or Welcome Diner for lunch. This home features a bonus room that is perfect for an office and 2 main living spaces, or use the second one as a dining room. Welcome Home!

Last Agent to Sell the Property

Jessica Sanchez

FIV Realty Co License #SA686177000 Listed on: 03/18/2021

Co-Listed By

Jason Serikaku

Realty ONE Group License #SA659882000

Last Buyer's Agent

Jessica Sanchez

FIV Realty Co License #SA686177000 Listed on: 03/18/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,964

Year Built

  • Built in 1916

Lot Details

  • 8,985 Sq Ft Lot
  • Desert faces the front and back of the property
  • Wood Fence
  • Block Wall Fence

Home Design

  • Built-Up Roof
  • Adobe

Interior Spaces

  • 1,276 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Schools

  • Creighton Elementary School
  • Cartwright Middle School
  • Phoenix Prep Academy High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Churchill Annex Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 116-32-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,964

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Cross Street: 7th st and Pierce
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1916
  • Tax Year: 2020
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.21
  • Co List Office Mls Id: reog08
  • Co List Office Phone: 602-953-4000
  • Subdivision Name: CHURCHILL ANNEX
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 313.47
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Total Bedrooms: 2
  • Fireplace Features: 2 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Pantry
  • Living Area: 1276.0
  • Stories: 1
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block, Wood
  • Lot Features: Natural Desert Back, Natural Desert Front
  • Pool Features: None
  • Disclosures: None
  • Construction Type: Painted, Adobe
  • Roof: Built-Up
  • Construction:Adobe: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Creighton Elementary School
  • High School: Phoenix Prep Academy
  • Middle Or Junior School: Cartwright School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8985.0
  • Parcel #: 116-32-006

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 1964.0
  • Tax Book Number: 116.00
  • Tax Lot: 6
  • Tax Map Number: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2021
Sold by
Peimani Arash
Bought by
Peimani Afshan and Athari Omid
Current Estimated Value
$493,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Outstanding Balance
$290,541
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$203,279

Purchase Details

Listed on
Mar 18, 2021
Closed on
Mar 26, 2021
Sold by
Tpk Llc
Bought by
Peimani Arash
Seller's Agent
Jessica Sanchez
FIV Realty Co
Buyer's Agent
Jessica Sanchez
FIV Realty Co
List Price
$395,000
Sold Price
$400,000
Premium/Discount to List
$5,000
1.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.54%
Original Mortgage
$307,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 23, 2010
Closed on
Oct 18, 2012
Sold by
Steinmetz Carl Joseph
Bought by
Tpk Llc
Seller's Agent
Sherrie Stoops
D-LEX Realty
Buyer's Agent
Sherrie Stoops
D-LEX Realty
List Price
$195,000
Sold Price
$125,000
Premium/Discount to List
-$70,000
-35.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.81%

Purchase Details

Closed on
May 6, 2006
Sold by
Steinmetz Mary Lydia
Bought by
Steinmetz Carl

Purchase Details

Closed on
Apr 15, 2002
Sold by
Steinmetz Carl J
Bought by
Steinmetz Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,950
Interest Rate
6.87%

Purchase Details

Closed on
Nov 5, 1999
Sold by
Steinmetz Mary L
Bought by
Steinmetz Carl J

Purchase Details

Closed on
Jul 20, 1995
Sold by
The Argo Group Inc
Bought by
Steinmetz Mary Lydia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,750
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 1994
Sold by
Tau Frank A and Tau Marjorie A
Bought by
The Argo Group Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Peimani Afshan $400,000 Landmark Ttl Assurance Agcy
Peimani Arash $397,500 Landmark Ttl Assurance Agcy
Tpk Llc $125,000 Greystone Title Agency
Steinmetz Carl -- None Available
Steinmetz Mary L -- Stewart Title & Trust
Steinmetz Carl J -- --
Steinmetz Mary Lydia $45,000 United Title Agency
The Argo Group Inc -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peimani Afshan $320,000
Previous Owner Peimani Arash $307,000
Previous Owner Steinmetz Mary L $38,950
Previous Owner Steinmetz Mary Lydia $42,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2021 04/01/21 Sold $400,000 +1.3% $313 / Sq Ft
03/18/2021 03/18/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $395,000 0.0% $310 / Sq Ft
01/15/2020 01/15/20 Rented $1,300 0.0% --
12/29/2019 12/29/19 Under Contract -- -- --
12/27/2019 12/27/19 For Rent $1,300 0.0% --
10/30/2012 10/30/12 Sold $125,000 -30.5% $97 / Sq Ft View Prior Sale
12/20/2010 12/20/10 Price Changed $179,900 -7.7% $140 / Sq Ft
09/23/2010 09/23/10 For Sale $195,000 -- $152 / 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 $2,175 $15,313 -- --
2024 $2,028 $14,583 -- --
2023 $2,028 $32,830 $6,560 $26,270
2022 $1,956 $25,730 $5,140 $20,590
2021 $1,941 $22,820 $4,560 $18,260
2020 $1,964 $21,020 $4,200 $16,820
2019 $1,960 $15,870 $3,170 $12,700
2018 $789 $12,350 $2,470 $9,880
2017 $771 $11,760 $2,350 $9,410
2016 $748 $10,280 $2,050 $8,230
2015 $692 $8,070 $1,610 $6,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6205985

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-32-006