Seller's Agent in 2020
Chad Barber
Fenix CRE
(602) 332-1768
11 Total Sales
774 W Coolidge St Phoenix, AZ 85013
Uptown Phoenix NeighborhoodEstimated Value: $2,064,460
Studio
4
Baths
885
Sq Ft
$2,333/Sq Ft
Est. Value
Highlights
- Cooling Available
- Concrete Flooring
- 2-minute walk to Tawa Mini Park
- Phoenix Coding Academy Rated A
- Heat Pump System
About This Home
As of November 2020Built in 1984 and 2020, 7 Melrose was fully remodeled and constructed in 2020. Three of the units are large 2 bedrooms with 1 bath. The new constructions units are 2 bedrooms and 2 baths. Interior property upgrades include en suite laundry, stainless-steel kitchen appliances, stainless steel sink with garbage disposal and retractable multi-setting faucet, granite countertops, stained concrete or tile floors, porcelain subway tile shower surrounds with new fixtures, premium lighting, and low-flow toilets. The revamped exterior features private patios, pet friendly accommodations, mature landscaping and covered parking.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,650
Year Built
- Built in 1984
Lot Details
- 0.4
Home Design
- Wood Frame Construction
- Composition Roof
- Foam Roof
- Block Exterior
- Stucco
Flooring
- Concrete Flooring
Parking
- 12 Open Parking Spaces
- 12 Parking Spaces
- Common or Shared Parking
Utilities
- Cooling Available
- Heat Pump System
- Master Water Meter
Listing and Financial Details
- Tenant pays for cable TV
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot e2
- Assessor Parcel Number 155-37-033
Community Details
Overview
- 2 Buildings
- 6 Units
- Building Dimensions are 64x271
- Income Acres Subdivision
Building Details
- Operating Expense $2,650
- Gross Income $106,477
- Net Operating Income $80,630
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 15, 2020
Closed on
Nov 20, 2020
Sold by
Highland Partners Llc
Bought by
Chase Christopher C and Chase Nicole M
Seller's Agent
Chad Barber
Fenix CRE
Buyer's Agent
Ryan Swan
HomeSmart
List Price
$1,475,000
Sold Price
$1,425,000
Premium/Discount to List
-$50,000
-3.39%
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
$639,460
Avg. Annual Appreciation
7.20%
Original Mortgage
$800,000
Outstanding Balance
$711,886
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$1,352,574
Purchase Details
Closed on
Apr 10, 2018
Sold by
774 West Coolidge Llc
Bought by
Highland Partners Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.46%
Mortgage Type
Commercial
Purchase Details
Listed on
Feb 5, 2015
Closed on
Mar 27, 2015
Sold by
Miller Marvin D
Bought by
774 West Coolidge Llc
Seller's Agent
Dennis Miller
Coldwell Banker Realty
Buyer's Agent
Chad Barber
Fenix CRE
List Price
$237,000
Sold Price
$222,000
Premium/Discount to List
-$15,000
-6.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.50%
Purchase Details
Closed on
Sep 18, 2014
Sold by
Miller Marvin D
Bought by
Miller Marvin D
Purchase Details
Closed on
Oct 26, 1998
Sold by
Stansbury Jimmie Alonzo and Stansbury Mary E
Bought by
Miller Marvin D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,802
Interest Rate
6.84%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chase Christopher C | $1,425,000 | Landmark Ttl Assurance Agcy | |
| Highland Partners Llc | -- | Commonwealth Title | |
| 774 West Coolidge Llc | $222,000 | Lawyers Title Of Arizona Inc | |
| Miller Marvin D | -- | None Available | |
| Miller Marvin D | $150,500 | Chicago Title Insurance Co | |
| Stansbury Jimmie A | -- | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chase Christopher C | $800,000 | |
| Previous Owner | Highland Partners Llc | $650,000 | |
| Previous Owner | Miller Marvin D | $147,802 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/23/2020 11/23/20 | Sold | $1,425,000 | -3.4% | $1,610 / Sq Ft | |
| 11/02/2020 11/02/20 | Price Changed | $1,475,000 | 0.0% | $1,667 / Sq Ft | |
| 08/21/2020 08/21/20 | Pending | -- | -- | -- | |
| 08/10/2020 08/10/20 | Pending | -- | -- | -- | |
| 07/15/2020 07/15/20 | For Sale | $1,475,000 | +564.4% | $1,667 / Sq Ft | |
| 03/31/2015 03/31/15 | Sold | $222,000 | -6.3% | $251 / Sq Ft | View Prior Sale |
| 02/11/2015 02/11/15 | Pending | -- | -- | -- | |
| 02/05/2015 02/05/15 | For Sale | $237,000 | -- | $268 / 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 | $5,240 | $40,355 | -- | -- |
| 2024 | $4,892 | $38,433 | -- | -- |
| 2023 | $4,892 | $87,080 | $17,410 | $69,670 |
| 2022 | $4,865 | $59,910 | $11,980 | $47,930 |
| 2021 | $4,948 | $51,550 | $10,310 | $41,240 |
| 2020 | $4,822 | $45,170 | $9,030 | $36,140 |
| 2019 | $2,650 | $24,030 | $4,800 | $19,230 |
| 2018 | $2,025 | $21,820 | $4,360 | $17,460 |
| 2017 | $1,859 | $20,100 | $4,020 | $16,080 |
| 2016 | $1,793 | $18,220 | $3,640 | $14,580 |
| 2015 | $1,667 | $16,070 | $3,210 | $12,860 |
Source: Public Records
Agents Affiliated with this Home
-
Chad Barber
-
Ryan Swan
Buyer's Agent in 2020
Ryan Swan
HomeSmart
(602) 733-5455
31 Total Sales
-
D
Seller's Agent in 2015
Dennis Miller
Coldwell Banker Realty
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6103509
APN: 155-37-033
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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