$555,000
SOLD JUN 4, 2025
-- Bed
-- Bath
1,225 Sq Ft
1974 Built

Recently Sold

$453 Per Sq Ft

7% Below List Price

28 Days on Market

Highlights

  • Central Air
  • Ceiling Fan
  • Vinyl Flooring
  • Phoenix Coding Academy Rated A
  • Wood Siding
  • Heat Pump System

About This Home

As of June 2025

Recently renovated property at 751 E Southern Ave, Phoenix, AZ 85040 featuring a front duplex and a detached 2bd/2ba home in the rear. Duplex units are 1bd/1ba, approx. 600 sq ft each with fenced yards. The detached home offers 860 sq ft, a laundry room, and covered patio. Fully updated in 2023 with new appliances, fixtures, plumbing, flooring, AC, and roof. Duplex units partially updated 2023-2024 with a new roof. Zoned with potential to add 2 units for increased income. Live in one, rent the others. Located in a growing area with easy access to highways, transit, schools, and parks. Great long-term investment opportunity!

Last Agent to Sell the Property

Max Phillips

Keller Williams Realty Phoenix License #SA706828000 Listed on: 04/03/2025

Keller Williams Realty Phoenix

Last Buyer's Agent

Benjamin Bustos

Libertas Real Estate License #SA568609000

Libertas Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $799

Year Built

  • Built in 1974

Home Design

  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • Ceiling Fan
  • Vinyl Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • On-Street Parking

Schools

  • Amy L. Houston Academy Elementary School
  • Bernard Black Elementary Middle School
  • Camelback High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • The owner pays for trash collection, sewer, landscaping
  • Tax Lot 1
  • Assessor Parcel Number 114-26-005

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Building Dimensions are 21333
  • Roosevelt Park 1 7 Subdivision

Building Details

  • Operating Expense $799
  • Gross Income $50,160
  • Net Operating Income $43,244

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$799

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: m-m
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1974
  • Tax Year: 2024
  • Road Surface Type: Gravel
  • Subdivision Name: ROOSEVELT PARK 1-7
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Construction:Wood Frame: Yes
  • Const - Finish Wood Siding: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Built-In Range, Dishwasher, Refrigerator, Microwave, Washer/Dryer
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Siding, Wood Frame
  • Roof: See Remarks

Garage/Parking

  • Parking Features: <1 Space Per Unit, On Street
  • 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 Street Parking: Yes

Utilities

  • Electric: City Electric
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Elementary School: Amy L. Houston Academy
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Bernard Black Elementary School

Lot Info

  • Lot Size: 21333
  • Additional Parcels: No
  • Parcel #: 114-26-005

Multi Family

  • Owner Pays: Trash Collection, Sewer, Landscaping
  • Number Of Units Total: 3
  • Annual Gross Income: 50160.0
  • Property Net Operating Income: 43243.84
  • Annual Operating Expense: 799.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 799.0
  • Tax Book Number: 114.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2025
Closed on
Jun 5, 2025
Sold by
Southern & 7Th St Llc
Bought by
Lurye Efim and Lurye Jerry
Seller's Agent
Max Phillips
Keller Williams Realty Phoenix
Buyer's Agent
Benjamin Bustos
Libertas Real Estate
List Price
$599,000
Sold Price
$555,000
Premium/Discount to List
-$44,000
-7.35%
Views
16
Current Estimated Value
$552,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,793
Avg. Annual Appreciation
-0.90%
Original Mortgage
$416,250
Outstanding Balance
$415,171
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$137,036

Purchase Details

Closed on
Oct 30, 2023
Sold by
Golla Reginald Maranan and Golla Ellen Johnes
Bought by
Southern & 7Th Street Llc

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
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2023
Sold by
Pg Partners Llc
Bought by
Golla Reginald Maranan and Golla Ellen Johnes

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
6.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 8, 2022
Closed on
Apr 18, 2022
Sold by
Giron Jr Mike A
Bought by
Pg Partners Llc
Seller's Agent
Claudia Pina
AZ Advance Realty, LLC
Buyer's Agent
Roger Phillips
Keller Williams Realty Phoenix
List Price
$399,000
Sold Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.23%

Purchase Details

Closed on
Sep 30, 2016
Sold by
Pina Claudia and Giron Mike A
Bought by
Giron Mike A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,300
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2015
Sold by
Soto Pablo
Bought by
Giron Mike A and Pina Claudia

Purchase Details

Listed on
Sep 28, 2013
Closed on
May 16, 2014
Sold by
Brandini Holdings Llc
Bought by
Soto Pablo
Seller's Agent
Avril Hogan
ARC Real Estate
Buyer's Agent
Mary Tesensky
Realty ONE Group
List Price
$94,900
Sold Price
$85,000
Premium/Discount to List
-$9,900
-10.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.51%

Purchase Details

Closed on
Jul 16, 2010
Sold by
Casa Calasa Llc
Bought by
Brandini Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2010
Sold by
The Cotterkey Growth Fund Llc
Bought by
Casa Calasa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2009
Sold by
Ledezma Jose A
Bought by
Cotterkey Growth Fund Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,075
Interest Rate
5.03%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 2, 2009
Sold by
The Cotterkey Growth Fund Llc
Bought by
Casa Calasa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,075
Interest Rate
5.03%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 10, 2003
Sold by
Estep Melody K
Bought by
Ledezma Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,866
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 1997
Sold by
Foster John P and Valetta Foster R
Bought by
Sparrow William Roy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $555,000 Pinnacle Title Services
Warranty Deed -- None Listed On Document
Warranty Deed -- Clear Title Agency Of Arizona
Warranty Deed $399,000 Pioneer Title
Interfamily Deed Transfer -- Magnus Title Agency
Cash Sale Deed $95,000 U S Title Agency Llc
Cash Sale Deed $85,000 American Title Service Agenc
Special Warranty Deed -- Security Title Agency
Quit Claim Deed -- None Available
Trustee Deed $36,100 Accommodation
Quit Claim Deed -- Accommodation
Warranty Deed $225,000 Westland Title Agency Of Az
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $416,250 New Conventional
Previous Owner $360,500 New Conventional
Previous Owner $90,300 New Conventional
Previous Owner $200,000 Purchase Money Mortgage
Previous Owner $27,075 Seller Take Back
Previous Owner $221,866 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/04/2025 06/04/25 Sold $555,000 -3.5% $453 / Sq Ft
04/30/2025 04/30/25 Price Changed $575,000 -4.0% $469 / Sq Ft
04/03/2025 04/03/25 For Sale $599,000 +50.1% $489 / Sq Ft
04/22/2022 04/22/22 Sold $399,000 0.0% $326 / Sq Ft View Prior Sale
04/11/2022 04/11/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $399,000 +369.4% $326 / Sq Ft
05/23/2014 05/23/14 Sold $85,000 -10.4% $69 / Sq Ft View Prior Sale
05/12/2014 05/12/14 Pending -- -- --
09/28/2013 09/28/13 For Sale $94,900 -- $77 / 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 $820 $5,439 -- --
2024 $776 $5,180 -- --
2023 $776 $26,870 $5,370 $21,500
2022 $761 $18,260 $3,650 $14,610
2021 $776 $15,780 $3,150 $12,630
2020 $767 $13,970 $2,790 $11,180
2019 $742 $13,220 $2,640 $10,580
2018 $722 $10,520 $2,100 $8,420
2017 $688 $8,610 $1,720 $6,890
2016 $654 $7,220 $1,440 $5,780
2015 $616 $4,910 $980 $3,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6846598

Arizona Regional Multiple Listing Service (ARMLS)

APN: 114-26-005