$1,200,000
SOLD JUL 31, 2025
-- Bed
-- Bath
-- Sq Ft
2002 Built

Recently Sold

4% Below List Price

7 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Individual Controls for Heating
  • Madison Richard Simis School Rated A-

About This Home

As of July 2025

This listing contains two parcels, 734 & 740 E Maryland. There is a total of 6 units including 5 x 1 bed and 1 bath and there is 1 x 2 bedroom and 1 bath. Flood irrigated lot surrounded by mature trees. Exterior of the smaller units is all sandblasted.
Due to each parcel being under 4 units residential financing or commerical financing is available.

Last Agent to Sell the Property

Andy C. Griffin

Gentry Real Estate License #SA635389000 Listed on: 06/16/2025

Gentry Real Estate

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,958

Year Built

  • Built in 2002

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stone Exterior Construction
  • Stucco

Flooring

  • Concrete
  • Ceramic Tile

Parking

  • 2 Open Parking Spaces
  • 8 Parking Spaces
  • Carport

Schools

  • Madison Richard Simis Elementary School
  • Madison Meadows Middle School
  • North High School

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 24
  • Assessor Parcel Number 161-05-045

Community Details

Overview

  • 3 Buildings
  • 6 Units
  • Building Dimensions are 21349
  • East Orangewood Lot 15, 16, 19, 20, 23 25 Subdivision

Building Details

  • Operating Expense $5,958
  • Gross Income $75,440
  • Net Operating Income $47,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,958

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Cross Street: 7th St and Maryland
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 2002
  • Tax Year: 2024
  • Directions: North on 7th St, go West on Maryland and its the two parcels on left.
  • Road Surface Type: Asphalt, Private Street
  • Subdivision Name: EAST ORANGEWOOD LOT 15, 16, 19, 20, 23-25
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Concrete
  • Appliances: Dishwasher, Refrigerator, Free-Standing Electric Oven, Washer/Dryer
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco, Stone, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Carport
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 6.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Madison Richard Simis School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison Meadows School

Lot Info

  • Lot Size: 21349
  • Additional Parcels: Yes
  • Parcel #: 161-05-045

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 6
  • Annual Gross Income: 75440.0
  • Property Net Operating Income: 47000.0
  • Annual Operating Expense: 5958.0
  • Vacancy Allowance Rate: 0.08

Tax Info

  • Tax Annual Amount: 5958.0
  • Tax Book Number: 161.00
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2021
Sold by
Griffin Andy C
Bought by
Portfolio Phx Llc

Purchase Details

Closed on
May 23, 2019
Sold by
Portfolio Phx Llc
Bought by
Griffin Andy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2016
Sold by
Clyde Russell L
Bought by
Griffin Andy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,700
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 1999
Sold by
Dockendorff Janice M and Dockendorff Lyle M
Bought by
Clyde Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
7.47%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- Accommodation
Warranty Deed -- Valleywide Title Agency
Warranty Deed $367,700 Fidelity Natl Title Agency I
Warranty Deed $125,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $190,000 New Conventional
Previous Owner $23,500 Unknown
Previous Owner $367,700 Purchase Money Mortgage
Previous Owner $110,000 Unknown
Previous Owner $112,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 Sold $1,200,000 -3.9% --
06/23/2025 06/23/25 Pending -- -- --
06/16/2025 06/16/25 For Sale $1,249,000 -- --
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 $3,671 $29,555 -- --
2024 $3,244 $28,147 -- --
2023 $3,244 $56,510 $11,300 $45,210
2022 $3,142 $45,320 $9,060 $36,260
2021 $3,196 $40,470 $8,090 $32,380
2020 $3,144 $37,860 $7,570 $30,290
2019 $3,074 $33,710 $6,740 $26,970
2018 $2,994 $28,930 $5,780 $23,150
2017 $2,846 $27,910 $5,580 $22,330
2016 $2,744 $25,970 $5,190 $20,780
2015 $2,552 $23,610 $4,720 $18,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6881015

Arizona Regional Multiple Listing Service (ARMLS)

APN: 161-05-045