Seller's Agent in 2021
Daniel Brown
My Home Group
(480) 707-2934
2 in this area
388 Total Sales
718 E Portland St Phoenix, AZ 85006
Garfield Neighborhood
--
Bed
--
Bath
1,200
Sq Ft
10,019
Sq Ft Lot
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Heating System Uses Natural Gas
- Phoenix Coding Academy Rated A
- Ceiling Fan
About This Home
As of July 2021INVESTMENT OPPORTUNITY! This Triplex has 1 bedroom and 1 bathroom on the East, 1 bedrooms and 1 bathroom on the West, and then a 1 bedroom and 1 bathroom house in the back. Features throughout include new electrical, tile flooring, neutral paint, and ceiling fans. The kitchens have stainless steel appliances, a gas range with hood, maple cabinetry, a dual sink, and plenty of cabinet space. Large bedrooms, updated bathrooms, and tons of natural lighting throughout! Fenced yard space that is perfect for relaxing or letting your fur friends run! Located in the heart of Downtown Phoenix close to many local eateries, the Japanese Friendship garden, the ASU Downtown Campus, the Children's Museum of Phoenix, the Arizona Science Center, the Phoenix Suns Arena, Chase Field, and more!... (cont.) Easy access throughout the Valley via the I-10 or AZ-51. Tenants are currently below market rent, are month-to-month, and potential rent is $700-$800/month for the 1 bedroom unit and $900-$1,000/month for the 2 bedroom unit! The unit next door 716 E Portland St (MLS #6242887) is also for sale and the owner would prefer to sell both properties together.
Last Agent to Sell the Property
My Home Group Real Estate License #SA586198000 Listed on: 05/28/2021
Last Buyer's Agent
My Home Group Real Estate License #SA586198000 Listed on: 05/28/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,126
Year Built
- Built in 1930
Home Design
- Brick Exterior Construction
- Composition Roof
- Block Exterior
Interior Spaces
- Ceiling Fan
- Ceramic Tile Flooring
Parking
- 3 Parking Spaces
- Carport
Utilities
- Cooling Available
- Heating System Uses Natural Gas
Listing and Financial Details
- The owner pays for gas, trash collection, water, sewer, landscaping
- Legal Lot and Block 5 / 2
- Assessor Parcel Number 116-31-033-B
Community Details
Overview
- 2 Buildings
- 3 Units
- Building Dimensions are NA
- Brills Addition Amd Subdivision
Building Details
- Operating Expense $9,698
- Gross Income $33,600
- Net Operating Income $23,126
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 23, 2021
Sold by
Urbana At Aracdia Llc
Bought by
718 Portland Llc
Current Estimated Value
Purchase Details
Listed on
May 28, 2021
Closed on
Jun 30, 2021
Sold by
Todd Jerrold and Todd Aaron Daniel
Bought by
Urbana At Arcadia Llc
Seller's Agent
Daniel Brown
My Home Group Real Estate
Buyer's Agent
Daniel Brown
My Home Group Real Estate
List Price
$500,000
Sold Price
$500,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
2.9%
Mortgage Type
Construction
Purchase Details
Listed on
May 28, 2021
Closed on
Jun 10, 2021
Sold by
Black Canyon Tb Llc
Bought by
Todd Jerrold and Todd Aaron Daniel
Seller's Agent
Daniel Brown
My Home Group Real Estate
Buyer's Agent
Daniel Brown
My Home Group Real Estate
List Price
$500,000
Sold Price
$500,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
2.9%
Mortgage Type
Construction
Purchase Details
Listed on
May 28, 2021
Closed on
May 21, 2021
Sold by
Todd Jerrold
Bought by
Black Canyon Tb Llc
Seller's Agent
Daniel Brown
My Home Group Real Estate
Buyer's Agent
Daniel Brown
My Home Group Real Estate
List Price
$500,000
Sold Price
$500,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
2.9%
Mortgage Type
Construction
Purchase Details
Closed on
Oct 17, 2011
Sold by
Rodas Jorge
Bought by
Todd Jerrold
Purchase Details
Closed on
Sep 30, 2003
Sold by
Passariello Robert
Bought by
Rodas Jorge E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
6.22%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $688,000 | American Title Svc Agcy Llc | |
| Warranty Deed | $500,000 | Landmark Ttl Assurance Agcy | |
| Quit Claim Deed | -- | Landmark Ttl Assurance Agcy | |
| Special Warranty Deed | -- | None Available | |
| Cash Sale Deed | $75,000 | Title Management Agency Of A | |
| Warranty Deed | $159,000 | Chicago Title Insurance Comp |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $440,000 | Construction | |
| Previous Owner | $127,200 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/02/2021 07/02/21 | Sold | $500,000 | 0.0% | $417 / Sq Ft |
| 05/31/2021 05/31/21 | Pending | -- | -- | -- |
| 05/28/2021 05/28/21 | For Sale | $500,000 | -- | $417 / 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 | $1,174 | $8,783 | -- | -- |
| 2024 | $1,163 | $8,365 | -- | -- |
| 2023 | $1,163 | $36,320 | $7,260 | $29,060 |
| 2022 | $1,122 | $26,210 | $5,240 | $20,970 |
| 2021 | $1,113 | $22,500 | $4,500 | $18,000 |
| 2020 | $1,126 | $18,970 | $3,790 | $15,180 |
| 2019 | $1,124 | $16,020 | $3,200 | $12,820 |
| 2018 | $1,105 | $13,110 | $2,620 | $10,490 |
| 2017 | $1,080 | $12,770 | $2,550 | $10,220 |
| 2016 | $1,048 | $9,820 | $1,960 | $7,860 |
| 2015 | $970 | $8,060 | $1,610 | $6,450 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Brown
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6242888
APN: 116-31-033B
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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