$550,000
SOLD SEP 3, 2019

805 E Turney Ave Phoenix, AZ 85014

-- Bed
-- Bath
1,650 Sq Ft
1962 Built

Recently Sold

$333 Per Sq Ft

3% Below List Price

100 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

As of September 2019

Fresh remodel with permits. Single Family is to completed! NEW ROOF, NEW WINDOWS, NEW ELECTRIC, NEW PIPING, NEW DOORS, NEW EXTERIOR AND INTERIOR PAINT BUT EST OF ALL A NEW LAUNDRY ROOM FOR ADDITIONAL INCOME.Do Not disturb Tenants but all three are rented with a waiting list for the SFH. Buyer to verify all facts and figures.

Last Agent to Sell the Property

Linda Gerchick

Gerchick Real Estate License #BR114848000 Listed on: 04/26/2019

Last Buyer's Agent

John Ely

Rely Real Estate, LLC License #BR654155000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,349

Year Built

  • Built in 1962

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Free Parking
  • Paved Parking

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 36
  • Assessor Parcel Number 155-19-030

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are irregular
  • Carolyn Place Lot 10 45 Subdivision

Building Details

  • Operating Expense $8,979
  • Gross Income $44,057
  • Net Operating Income $35,078

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,349

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: 7th Street and Indian School
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: MFAM
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2018
  • Directions: North on 7th Street to Turney and turn East. Property is on south side of street
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Professional Management Expense: 2880.0
  • Subdivision Name: CAROLYN PLACE LOT 10-45
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm, Sch of Personal Prop
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, Free, Add'l Parking Avail, >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:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1800.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: irregular
  • Additional Parcels: No
  • Parcel #: 155-19-030

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 500.0
  • Annual Gross Income: 44057.4
  • Insurance Expense: 1500.0
  • Maintenance Expense: 750.0
  • Property Net Operating Income: 35078.4
  • Annual Operating Expense: 8979.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 1349.0
  • Tax Book Number: 155.00
  • Tax Lot: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2019
Closed on
Aug 19, 2019
Sold by
Kijobi Llc
Bought by
Lake Cody
Seller's Agent
Linda Gerchick
Gerchick Real Estate
Buyer's Agent
John Ely
Rely Real Estate, LLC
List Price
$565,000
Sold Price
$550,000
Premium/Discount to List
-$15,000
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.56%
Original Mortgage
$540,038
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 19, 2018
Sold by
Vla Investments Llc
Bought by
Kijobi Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2018
Sold by
Rodriguez Fernando and Rodriguez Alicia
Bought by
Vla Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2006
Sold by
Rodriguez Juan A and Rodriguez Jennifer
Bought by
Rodriguez Fernando and Rodriguez Alicia

Purchase Details

Closed on
Apr 1, 2005
Sold by
Rodriguez Juan A and Rodriguez Jennifer
Bought by
Rodriguez Juan A and Rodriguez Jennifer

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
5.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 27, 1999
Sold by
D & G Investments
Bought by
Rodriguez Juan A and Rodriguez Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.79%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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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 $550,000 Empire West Title Agency Llc
Warranty Deed $275,000 Empire West Title Agency Llc
Warranty Deed $200,000 Magnus Title Agency Llc
Warranty Deed -- None Available
Interfamily Deed Transfer -- Title Security Agency Of Az
Warranty Deed $87,600 Fidelity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $534,500 New Conventional
Closed $540,038 FHA
Previous Owner $372,000 Purchase Money Mortgage
Previous Owner $150,000 Purchase Money Mortgage
Previous Owner $210,000 Commercial
Previous Owner $200,000 Commercial
Previous Owner $80,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 Price Changed $889,995 -3.8% --
05/08/2025 05/08/25 For Sale $925,000 0.0% --
05/06/2025 05/06/25 Pending -- -- --
04/24/2025 04/24/25 For Sale $925,000 0.0% --
04/04/2025 04/04/25 Pending -- -- --
01/15/2025 01/15/25 For Sale $925,000 0.0% --
05/01/2020 05/01/20 Rented $1,395 0.0% --
04/22/2020 04/22/20 Under Contract -- -- --
04/19/2020 04/19/20 Price Changed $1,395 -6.7% $1 / Sq Ft
04/04/2020 04/04/20 For Rent $1,495 0.0% --
09/03/2019 09/03/19 Sold $550,000 -2.6% $333 / Sq Ft
08/04/2019 08/04/19 Pending -- -- --
07/01/2019 07/01/19 Price Changed $564,900 0.0% $342 / Sq Ft
04/26/2019 04/26/19 For Sale $565,000 -- $342 / 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 $1,598 $12,734 -- --
2024 $1,544 $12,127 -- --
2023 $1,544 $58,580 $11,710 $46,870
2022 $1,535 $40,030 $8,000 $32,030
2021 $1,561 $33,610 $6,720 $26,890
2020 $1,522 $28,550 $5,710 $22,840
2019 $1,456 $26,560 $5,310 $21,250
2018 $1,349 $21,100 $4,220 $16,880
2017 $1,235 $21,070 $4,210 $16,860
2016 $1,190 $15,670 $3,130 $12,540
2015 $1,107 $12,600 $2,520 $10,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5917064

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-19-030