741 E Apache St Phoenix, AZ 85034
Central City Neighborhood
--
Bed
--
Bath
836
Sq Ft
6,839
Sq Ft Lot
Highlights
- Wood Flooring
- Cooling System Mounted To A Wall/Window
- Window Unit Heating System
- Phoenix Coding Academy Rated A
- Ceiling Fan
About This Home
As of January 2024Welcome to 741 E. Apache! This property offers a fantastic opportunity for income generation. It features a multiple dwelling with a two-bedroom, one-bath home in the front and a two-bedroom, two-bath home in the back. Both units have been completely renovated, including updates to the roof, interior, and exterior. With month-to-month rentals, you have flexibility. Don't miss out on this great potential for under $400,000! The home is centrally located in Phoenix, just a stone's throw away from downtown. This prime location offers easy access to all the vibrant attractions, restaurants, and entertainment that downtown Phoenix has to offer. With the ongoing growth and development in the area, there's tremendous potential for future appreciation and increased demand for rental properties.
Last Agent to Sell the Property
Angelica Murrieta
HomeSmart License #SA557785000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $571
Year Built
- Built in 1951
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Interior Spaces
- Ceiling Fan
Flooring
- Wood
- Vinyl
Parking
- 4 Open Parking Spaces
- 6 Parking Spaces
- Carport
- Paved Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Window Unit Heating System
Listing and Financial Details
- The owner pays for electricity, trash collection, water
- Legal Lot and Block 29 / 2
- Assessor Parcel Number 115-45-069
Community Details
Overview
- 2 Buildings
- 2 Units
- Building Dimensions are 0
- Adorable Homes Subdivision
Building Details
- Operating Expense $571
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 12, 2023
Closed on
Jan 2, 2024
Sold by
Hernandez Ostes and Hernandez Jasmin
Bought by
Alirezaei Haniyeh
Seller's Agent
Angelica Murrieta
HomeSmart
Buyer's Agent
Vera Kesto
My Home Group Real Estate
List Price
$399,900
Sold Price
$399,900
Total Days on Market
17
Views
29
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$98,617
Avg. Annual Appreciation
-18.92%
Original Mortgage
$379,050
Outstanding Balance
$374,589
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
-$73,306
Purchase Details
Listed on
Jun 16, 2022
Closed on
Jun 23, 2022
Sold by
Black Canyon Equity Llc
Bought by
Hernandez Ostes and Hernandez Jasmin
Seller's Agent
Victoria Bryant
HomeSmart
Buyer's Agent
Andrew Copp
New Western
List Price
$130,000
Sold Price
$152,500
Premium/Discount to List
$22,500
17.31%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
87.01%
Purchase Details
Listed on
Jun 16, 2022
Closed on
Jun 16, 2022
Sold by
Cortez Victor R
Bought by
Black Canyon Equity Llc
Seller's Agent
Victoria Bryant
HomeSmart
Buyer's Agent
Andrew Copp
New Western
List Price
$130,000
Sold Price
$152,500
Premium/Discount to List
$22,500
17.31%
Purchase Details
Closed on
Nov 20, 1995
Sold by
Serna Steeve J and Serna Maria
Bought by
Cortez Victor R
Purchase Details
Closed on
Jun 20, 1995
Sold by
Quezada Efren G and Quezada Maria Concepcion F
Bought by
Serna Steve J and Serna Maria
Purchase Details
Closed on
Jan 11, 1995
Sold by
Serna Steve J and Serna Maria L
Bought by
Quezada Efren G and Quezada Maria Concepcion F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
9.16%
Mortgage Type
Seller Take Back
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $399,000 | First Integrity Title Agency O | |
| Special Warranty Deed | $169,900 | First American Title | |
| Warranty Deed | $152,500 | First American Title | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | Grand Canyon Title Agency In | |
| Warranty Deed | $24,000 | Grand Canyon Title Agency In |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $379,050 | New Conventional | |
| Previous Owner | $21,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/10/2024 01/10/24 | Sold | $399,900 | 0.0% | $478 / Sq Ft |
| 11/08/2023 11/08/23 | For Sale | $399,900 | 0.0% | $478 / Sq Ft |
| 11/02/2023 11/02/23 | Off Market | $399,900 | -- | -- |
| 11/01/2023 11/01/23 | Pending | -- | -- | -- |
| 10/14/2023 10/14/23 | For Sale | $399,900 | +162.2% | $478 / Sq Ft |
| 06/28/2022 06/28/22 | Sold | $152,500 | +17.3% | $203 / Sq Ft |
| 06/16/2022 06/16/22 | Pending | -- | -- | -- |
| 06/07/2022 06/07/22 | For Sale | $130,000 | -- | $173 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $530 | $4,467 | -- | -- |
| 2024 | $592 | $4,255 | -- | -- |
| 2023 | $592 | $13,720 | $2,740 | $10,980 |
| 2022 | $571 | $9,850 | $1,970 | $7,880 |
| 2021 | $566 | $7,280 | $1,450 | $5,830 |
| 2020 | $573 | $5,880 | $1,170 | $4,710 |
| 2019 | $572 | $4,630 | $920 | $3,710 |
| 2018 | $354 | $4,120 | $820 | $3,300 |
| 2017 | $346 | $3,650 | $730 | $2,920 |
| 2016 | $336 | $3,080 | $610 | $2,470 |
| 2015 | $311 | $2,710 | $540 | $2,170 |
Source: Public Records
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6617846
APN: 115-45-069
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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