$200,000
SOLD MAY 10, 2018 RENTED SEP 20, 2024
-- Bed
-- Bath
732 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$273 Per Sq Ft

13% Below List Price

166 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • No Heating
  • Emerson Elementary School Rated 9+

About This Home

As of May 2018

Development opportunity in Downtown Phoenix This property is located in the sizzling hot Garfield Historic District and includes 3 units and two buildings nestled on a large 10,000 sq. high density multi family lot. Front building is 1300+ sq. duplex, 1921 built in Pueblo-Spanish Revival style. Currently configured as two large 1ba/1 bd units but could be combined. Plenty of lot coverage available to add additional units or expand the SF. Consider the front a shell space ready for framing and completion. Rear property is tenant occupied, large 884 sq. 1- bedroom, 1 bath detached house. Tremendous upside potential Walking and riding distance to great downtown Phoenix attractions and Roosevelt Row. Drive by only! DO NOT DISTURB TENANTS!

Last Agent to Sell the Property

Matt McCurley

Touchstone Realty, LLC License #SA514167000 Listed on: 11/01/2017

Last Buyer's Agent

Boyd Higgins

Platinum First Realty License #SA540770000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $987

Year Built

  • Built in 1921

Home Design

  • Brick Exterior Construction
  • Composition Roof

Flooring

  • Wood Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Assigned Parking

Utilities

  • Cooling Available
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 8 / 2
  • Assessor Parcel Number 116-31-038

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 200.75 x 49.95
  • Brill's Addition Amd Subdivision

Building Details

  • Operating Expense $987

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$987

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Cross Street: 7th St. and Roosevelt
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3 Multi Fam
  • Number Of Buildings: 2
  • Year Built: 1921
  • Tax Year: 2016
  • Directions: 7th North to Portland. East on Portland. North on 7th PL. Turns into Moreland property on the South side of the street.
  • Road Surface Type: Asphalt
  • Subdivision Name: BRILL'S ADDITION AMD
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Brick Veneer, Brick
  • Roof: Composition, Other, See Remarks

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Street Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: APS
  • Cooling: None
  • Heating: None
  • Cooling Y N: Yes
  • Heating Yn: No
  • Water Source: City Franchise
  • Heating:None29: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, No Pool
  • Amenities: None

Association/Amenities

  • Community Amenities:Other18: Yes
  • Community Amenities:No Pool: Yes
  • Community Amenities:See Remarks15: Yes

Lot Info

  • Lot Size: 200.75 x 49.95
  • Additional Parcels: No
  • Parcel #: 116-31-038

Multi Family

  • Owner Pays: None
  • Tenant Pays: None
  • Number Of Units Total: 3
  • Annual Operating Expense: 987.0

Tax Info

  • Tax Annual Amount: 987.0
  • Tax Block: 2
  • Tax Book Number: 116.00
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2019
Sold by
Vinny S Properties Llc
Bought by
Turnbull Katherine Lynn
Current Estimated Value
$640,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2019
Sold by
Turnbull Katherine Lynn
Bought by
Vinnys Properties Llc

Purchase Details

Listed on
Nov 1, 2017
Closed on
May 10, 2018
Sold by
Chenny Properties Llc
Bought by
Vinny S Properties Llc
Seller's Agent
Matt McCurley
Touchstone Realty, LLC
Buyer's Agent
Boyd Higgins
Platinum First Realty
List Price
$230,000
Sold Price
$200,000
Premium/Discount to List
-$30,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.31%
Original Mortgage
$260,000
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2017
Sold by
Austin Alfonso
Bought by
Chenny Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 17, 1999
Sold by
Austin Loretta A
Bought by
Austin Alfonso
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Grand Canyon Title Agency
Warranty Deed -- Accommodation
Warranty Deed $200,000 Pioneer Title Agency Inc
Warranty Deed $140,000 Pioneer Title Agency Inc
Interfamily Deed Transfer -- Capital Title Agency
Warranty Deed -- Capital Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $378,600 New Conventional
Closed $360,500 New Conventional
Previous Owner $260,000 Purchase Money Mortgage
Previous Owner $126,000 Commercial
Previous Owner $122,250 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Rented $1,650 0.0% --
09/19/2024 09/19/24 Under Contract -- -- --
09/12/2024 09/12/24 For Rent $1,650 0.0% --
08/19/2023 08/19/23 Rented $1,650 0.0% --
07/31/2023 07/31/23 Under Contract -- -- --
07/09/2023 07/09/23 For Rent $1,650 +10.4% --
05/15/2021 05/15/21 Rented $1,495 0.0% --
05/04/2021 05/04/21 Under Contract -- -- --
04/11/2021 04/11/21 For Rent $1,495 0.0% --
12/08/2019 12/08/19 Rented $1,495 0.0% --
11/06/2019 11/06/19 Under Contract -- -- --
10/23/2019 10/23/19 For Rent $1,495 0.0% --
05/10/2018 05/10/18 Sold $200,000 -13.0% $273 / Sq Ft
04/15/2018 04/15/18 Pending -- -- --
03/06/2018 03/06/18 For Sale $230,000 +15.0% $314 / Sq Ft
03/01/2018 03/01/18 Off Market $200,000 -- --
12/18/2017 12/18/17 For Sale $230,000 0.0% $314 / Sq Ft
12/18/2017 12/18/17 Price Changed $230,000 +15.0% $314 / Sq Ft
12/14/2017 12/14/17 Off Market $200,000 -- --
10/31/2017 10/31/17 For Sale $238,500 -- $326 / 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 $1,106 $8,270 -- --
2024 $1,095 $7,876 -- --
2023 $1,095 $38,810 $7,760 $31,050
2022 $1,056 $25,370 $5,070 $20,300
2021 $1,048 $21,660 $4,330 $17,330
2020 $1,060 $18,060 $3,610 $14,450
2019 $1,059 $17,330 $3,460 $13,870
2018 $1,041 $14,170 $2,830 $11,340
2017 $1,016 $12,370 $2,470 $9,900
2016 $987 $9,430 $1,880 $7,550
2015 $914 $7,830 $1,560 $6,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5681489

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-31-038