NOT LISTED FOR SALE

Estimated Value: $753,559 - $837,000

5 Beds
4 Baths
2,367 Sq Ft
$333/Sq Ft Est. Value

Last Sold April 22, 2021

Last sale price $625,000 $264 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,592/month

51 Days on Market

Highlights

  • RV Access or Parking
  • Gated Parking
  • Granite Countertops
  • Phoenix Coding Academy Rated A
  • Contemporary Architecture
  • 3-minute walk to Hu-O-Te Mini Park

About This Home

As of April 2021

Flexible home opportunity - Living with additional house, Rental income or Multifamily investment!!! This newly built downtown Phoenix home have a 2367 total livable sqft (2 homes). The newly constructed main/front house (1584 sqft) have redwood finish, rustic metal look and porch deck area in a 3 bedrooms and 3 full bathrooms, gourmet kitchen w/custom waterfall island with mini sink, tiled backsplash, upgraded cabinetry and doors, formal dining/living room combo, laundry room, den and family room in 10' foot ceiling with an FLEX home option. The second detached house (783 sqft) have 2 bedrooms, full bathroom, washer/dryer area and great room. Both houses have all new appliances, electrical, plumbing, quartz counter-tops, wood/tile/carpet flooring combinations, 3 separate HVAC systems (Fl Flexible home opportunity - Living with additional house, Rental income or Multifamily investment!!! This newly built downtown Phoenix home have a 2367 total livable sqft (2 homes). The newly constructed main/front house (1584 sqft) have redwood finish, rustic metal look and porch deck area in a 3 bedrooms and 3 full bathrooms, gourmet kitchen w/custom waterfall island with mini sink, tiled backsplash, upgraded cabinetry and doors, formal dining/living room combo, laundry room, den and family room in 10' foot ceiling with an FLEX home option. The second detached house (783 sqft) have 2 bedrooms, full bathroom, washer/dryer area and great room. Both houses have all new appliances, electrical, plumbing, quartz counter-tops, wood/tile/carpet flooring combinations, 3 separate HVAC systems. Property is gated, 4+ uncovered parking spaces & grass area. With flexible opportunity of a third unit, the main house can be subdivided to 2 - pre plumb kitchen, electrical, W/D and HVAC are already configured, just waiting for you. This is A MUST SEE home.

Last Agent to Sell the Property

Ricky Llave

DeLex Realty License #SA556900000 Listed on: 01/14/2021

DeLex Realty

Last Buyer's Agent

Ricky Llave

US Preferred Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $992

Year Built

  • Built in 2020

Lot Details

  • 6,675 Sq Ft Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

Parking

  • 4 Car Garage
  • Gated Parking
  • RV Access or Parking

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Spray Foam Insulation
  • Tile Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 2,367 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • ENERGY STAR Qualified Windows

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Built-In Microwave
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • 4 Bathrooms

Schools

  • Kenilworth Elementary School
  • Phoenix Prep Academy Middle School
  • Central High School

Utilities

  • Central Air
  • Heating Available
  • Tankless Water Heater
  • High Speed Internet

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Balcony
  • Property is near a bus stop

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Custom
  • University Addition Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 16 / G
  • Assessor Parcel Number 111-29-115

Home Details

Home Type

Single Family

Est. Annual Taxes

$992

Year Built

Built in 2020

Lot Details

0

Parking

4

Listing Details

  • Cross Street: Roosevelt Ave & 7th Ave
  • Legal Info Range: 3E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2020
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2020
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2020
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2020
  • Updated Plumbing: Full
  • Items Updated Plmbg Yr Updated: 2020
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2020
  • Updated Wiring: Full
  • Items Updated Wiring Yr Updated: 2020
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 4.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2020
  • Tax Year: 2020
  • Directions: Exit I-10, South on 7th Ave, right/west on McKinley St. House on the left side.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: UNIVERSITY ADDITION
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Granite Counters, Eat-in Kitchen, 9+ Flat Ceilings, Kitchen Island, Full Bth Master Bdrm
  • Living Area: 2367.0
  • Stories: 1
  • Window Features: Dual Pane, ENERGY STAR Qualified Windows
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Near Bus Stop: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block, Wrought Iron
  • Exterior Features: Balcony
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Gravel/Stone Front, Gravel/Stone Back, Grass Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Home Warranty: Yes
  • Construction Type: Spray Foam Insulation, Stucco, Wood Frame, Painted
  • Roof: Tile, Foam
  • Construction:Frame - Wood: Yes
  • Exterior Features:Balcony: Yes
  • Construction:Spray Foam Insulatn: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: RV Access/Parking, Gated
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Open Parking Spaces: 4.0
  • Parking Features:RV AccessParking: Yes
  • Parking Features:Gated2: Yes

Utilities

  • Electric: 220 Volts in Kitchen
  • Cooling: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Programmable Thmstat
  • Heating: ENERGY STAR Qualified Equipment, Electric
  • Laundry Features: Engy Star (See Rmks)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Heating:ENERGY STAR Qualified Equipment2: Yes

Condo/Co-op/Association

  • Community Features: Near Bus Stop
  • 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: Kenilworth Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix Prep Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6675.0
  • Parcel #: 111-29-115

Green Features

  • Green Water Conservation: Tankless Ht Wtr Heat

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 992.0
  • Tax Block: G
  • Tax Book Number: 111.00
  • Tax Lot: 16
  • Tax Map Number: 29.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2021
Closed on
Apr 21, 2021
Sold by
Impact Investments Group Llc
Bought by
Ramirez Samuel and Alvarez Evelin
Seller's Agent
Ricky Llave
DeLex Realty
Buyer's Agent
Ricky Llave
DeLex Realty
List Price
$649,000
Sold Price
$625,000
Premium/Discount to List
-$24,000
-3.7%
Current Estimated Value
$787,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,640
Avg. Annual Appreciation
4.98%
Original Mortgage
$625,000
Outstanding Balance
$571,986
Interest Rate
3.05%
Mortgage Type
VA
Estimated Equity
$203,453

Purchase Details

Closed on
Jan 7, 2019
Sold by
Baysan Robert Cruz
Bought by
Impact Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,770
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 30, 2018
Closed on
Jul 23, 2018
Sold by
Baysan Sharon Jane and Baysan Robert Cruz
Bought by
Baysan Robert Cruz
Seller's Agent
Joseph Susco
Top Rock Realty
Buyer's Agent
Ricky Llave
DeLex Realty
List Price
$199,900
Sold Price
$135,000
Premium/Discount to List
-$64,900
-32.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.74%

Purchase Details

Closed on
Nov 4, 2014
Sold by
Mckinley St 721 W Llc
Bought by
National Tax Lien Redemption Services Ll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$830,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2014
Sold by
National Tax Lien Redemption Services Ll
Bought by
Mckinley St 721 W Llc

Purchase Details

Closed on
May 30, 2012
Sold by
Leyva Teresa M and Leyva Francisco J
Bought by
Ntaional Tax Lien Redemption Service Llc

Purchase Details

Closed on
May 16, 1996
Sold by
Gray Walter J
Bought by
Gray Alva M
Source: Public Records

Range of Values:

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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
Ramirez Samuel $625,000 Magnus Title Agency Llc
Impact Investment Group Llc -- Great American Title Agency
Baysan Robert Cruz -- North American Title Company
Baysan Robert Cruz $135,000 North American Title Company
National Tax Lien Redemption Services Ll -- Linear Title & Closing
Mckinley St 721 W Llc -- None Available
Ntaional Tax Lien Redemption Service Llc -- None Available
Gray Alva M -- United Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Samuel $625,000
Previous Owner Impact Investment Group Llc $301,770
Previous Owner National Tax Lien Redemption Services Ll $830,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2021 04/22/21 Sold $625,000 0.0% $264 / Sq Ft
02/24/2021 02/24/21 Price Changed $625,000 -3.7% $264 / Sq Ft
01/13/2021 01/13/21 For Sale $649,000 +380.7% $274 / Sq Ft
08/08/2018 08/08/18 Sold $135,000 -9.9% $177 / Sq Ft
06/22/2018 06/22/18 Price Changed $149,900 -11.8% $196 / Sq Ft
05/08/2018 05/08/18 Price Changed $169,900 -15.0% $222 / Sq Ft
04/30/2018 04/30/18 For Sale $199,900 -- $262 / 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 $4,994 $41,831 -- --
2024 $4,940 $39,839 -- --
2023 $4,940 $61,960 $12,390 $49,570
2022 $4,743 $48,530 $9,700 $38,830
2021 $4,728 $50,610 $10,120 $40,490
2020 $992 $15,170 $3,030 $12,140
2019 $990 $12,000 $2,400 $9,600
2018 $973 $10,800 $2,160 $8,640
2017 $951 $7,850 $1,570 $6,280
2016 $923 $6,560 $1,310 $5,250
2015 $458 $4,560 $910 $3,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6180205

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-29-115