$1,050,000

732 E Carol Ave Phoenix, AZ 85020

North Central Neighborhood

Estimated payment $5,542/month

Total Views 1,544
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Multiple cooling system units
  • Community Barbecue Grill
  • Heat Pump System
  • Sunnyslope High School Rated A

About This Home

Brand New Construction... each unit is over 1600 sqft with 3 beds, 2 baths with a 1 bed 1 bath casita or easily have 6 units bringing over 7200/mo. in gross rents. this property can be either a 4,5 or 6 unit building depending on needs.

Listing Agent

Christopher Collins

Your Home Sold Guaranteed Realty License #SA564884000 Listed on: 11/04/2025

Your Home Sold Guaranteed Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $418

Year Built

  • Built in 2025

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Over 1 Space Per Unit

Utilities

  • Multiple cooling system units
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 159-37-073

Community Details

Overview

  • 4 Units
  • Building Dimensions are 75x145
  • Tengen Place Subdivision

Amenities

  • Community Barbecue Grill

Building Details

  • Operating Expense $418
  • Gross Income $68,400
  • Net Operating Income $64,980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$418

Year Built

Built in 2025

Lot Details

0

Listing Details

  • Cross Street: 7th street and carol ave
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2025
  • Tax Year: 2024
  • Subdivision Name: TENGEN PLACE
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Refrigerator, Built-In Gas Oven, Microwave, Washer/Dryer
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes
  • Appliances Included:Built-In Gas Oven: Yes
  • Community Features:Barbecue: Yes

Exterior Features

  • Disclosures: Appraisal, Development Plan Avl
  • Construction Type: Wood Frame, Stucco
  • Roof: Composition

Garage/Parking

  • Parking Features: >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features >1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Heat Pump, 2 or More Units
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Barbecue

Association/Amenities

  • Exterior Amenities:Partially Fenced: Yes

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 75x145
  • Additional Parcels: No
  • Parcel #: 159-37-073

Multi Family

  • Owner Pays: Gas, Electricity, Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Annual Gross Income: 68400.0
  • Property Net Operating Income: 64980.0
  • Annual Operating Expense: 418.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 418.0
  • Tax Book Number: 159.00
  • Tax Lot: 14

Map

Range of Values:

--
Value Increase
--
Percent Increase
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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

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 $435 $3,421 -- --
2024 $411 $3,258 -- --
2023 $411 $18,250 $3,650 $14,600
2022 $397 $10,500 $2,100 $8,400
2021 $402 $9,710 $1,940 $7,770
2020 $392 $7,030 $1,400 $5,630
2019 $385 $7,110 $1,420 $5,690
2018 $375 $7,020 $1,400 $5,620
2017 $373 $6,250 $1,250 $5,000
2016 $367 $4,910 $980 $3,930
2015 $339 $4,110 $820 $3,290
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2025 11/04/25 For Sale $1,050,000 +208.8% --
02/24/2022 02/24/22 Sold $340,000 +4.6% $567 / Sq Ft View Prior Sale
02/07/2022 02/07/22 For Sale $325,000 +44.4% $542 / Sq Ft
07/01/2021 07/01/21 Sold $225,000 0.0% $375 / Sq Ft View Prior Sale
06/22/2021 06/22/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $225,000 +87.5% $375 / Sq Ft
06/28/2019 06/28/19 Sold $120,000 -4.0% $200 / Sq Ft View Prior Sale
06/14/2019 06/14/19 Price Changed $125,000 -3.8% $208 / Sq Ft
05/24/2019 05/24/19 For Sale $130,000 -- $217 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Fidelity National Title Agency
Warranty Deed $340,000 Fidelity National Title
Interfamily Deed Transfer -- Clear Title Agency Of Az
Warranty Deed $225,000 Clear Title Agency Of Az
Warranty Deed $120,000 Clear Title Agency Of Az
Warranty Deed $50,000 Security Title Agency Inc
Cash Sale Deed $100,000 Ticor Title Agency Of Az Inc
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $476,000 Construction
Previous Owner $255,000 New Conventional
Previous Owner $163,725 Seller Take Back
Previous Owner $112,000 Seller Take Back
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6942839

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-37-073

Arizona Maricopa County Phoenix 85020 North Central

732 E Carol Ave, Phoenix, AZ

For Sale

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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Christopher Collins
Listing Agent
Christopher Collins
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Your Home Sold Guaranteed Realty
(623) 343-1040