NOT LISTED FOR SALE

Estimated Value: $275,000 - $456,691

2 Beds
1 Bath
769 Sq Ft
$478/Sq Ft Est. Value

Last Sold March 08, 2018

Last sale price $190,000 $247 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $1,974/month

60 Days on Market

Highlights

  • The property is located in a historic district
  • Property is near public transit
  • Covered Patio or Porch
  • Phoenix Coding Academy Rated A
  • No HOA
  • Eat-In Kitchen

About This Home

As of March 2018

Located in the highly desirable Garfield District, this home is a great investment. It's proximity to downtown, sporting/concert venues, restaurants, museums, parks, First Friday art walk, ASU Downtown campus, freeways, and so much more mean you never lack for a tenant. The home itself sits on the front half of the lot. The back half of the lot could be developed into another unit or multiplex for additional income revenue. Home features two bedrooms and one bathroom that has a stand-up shower (no tub). Owner converted storage into laundry space.

Last Agent to Sell the Property

Rebecca Nystrom

Nystrom Realty License #BR547074000 Listed on: 11/25/2017

Last Buyer's Agent

Wilma Purcell

Purcell & Associates License #BR105618000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $549

Year Built

  • Built in 1940

Lot Details

  • 7,961 Sq Ft Lot
  • Desert faces the front and back of the property
  • Wood Fence
  • Block Wall Fence

Parking

  • 2 Open Parking Spaces

Home Design

  • Composition Roof
  • Block Exterior
  • Siding

Interior Spaces

  • 769 Sq Ft Home
  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Location

  • Property is near public transit
  • Property is near a bus stop
  • The property is located in a historic district

Schools

  • Garfield Elementary And Middle School
  • North High School

Utilities

  • Refrigerated Cooling System
  • Heating Available

Community Details

  • No Home Owners Association
  • Garland Place Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 116-32-035

Home Details

Home Type

Single Family

Est. Annual Taxes

$549

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Cross Street: 7 St and Roosevelt
  • Legal Info Range: 3E
  • Property Type: Residential
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1940
  • Tax Year: 2017
  • Property Sub Type: Single Family - Detached
  • Lot Size Acres: 0.18
  • Subdivision Name: GARLAND PLACE
  • Property Attached Yn: No
  • ResoBuildingAreaSource: Assessor
  • General Property Description:PriceSqFt: 247.07
  • Dining Area:Breakfast Bar: Yes
  • Laundry:Washer Included: Yes
  • Laundry:Dryer Included: Yes
  • Special Features: None

Interior Features

  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Breakfast Bar
  • Living Area: 769.0
  • Stories: 1
  • Fireplace:No Fireplace: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Dishwasher2: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Refrigerator2: Yes
  • Community Features:Near Bus Stop: Yes
  • Community Features:Historic District: Yes
  • Community Features:Near Light Rail Stop: Yes

Exterior Features

  • Fencing: Block, Wood
  • Exterior Features: Covered Patio(s)
  • Lot Features: Desert Back, Desert Front
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Painted, Siding, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes

Garage/Parking

  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Refrigeration
  • Heating: Electric
  • Laundry Features: Dryer Included, Washer Included
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Near Light Rail Stop, Near Bus Stop, Historic District
  • Amenities: None
  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:No Fees: Yes

Schools

  • Elementary School: Garfield School
  • High School: North High School
  • Middle Or Junior School: Garfield School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7961.0
  • Parcel #: 116-32-035
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 549.0
  • Tax Book Number: 116.00
  • Tax Lot: 10
  • Tax Map Number: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2017
Closed on
Feb 6, 2018
Sold by
Helen Max Property Llc
Bought by
Svardal Rachel M
Seller's Agent
Rebecca Nystrom
Nystrom Realty
Buyer's Agent
Wilma Purcell
Purcell & Associates
List Price
$215,000
Sold Price
$190,000
Premium/Discount to List
-$25,000
-11.63%
Current Estimated Value
$367,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,673
Avg. Annual Appreciation
8.83%
Original Mortgage
$186,558
Outstanding Balance
$159,973
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$207,700

Purchase Details

Closed on
Jun 1, 2011
Sold by
Fannie Mae
Bought by
Helen Marx Property Llc

Purchase Details

Closed on
Mar 16, 2011
Sold by
Giedraitis Tony V and Giedraitis Tiffany A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 26, 2006
Sold by
Flowers William D
Bought by
Giedraitis Tony and Giedraitis Tiffany A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 24, 2005
Sold by
Urias Fernando C
Bought by
Flowers William D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
7.15%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Svardal Rachel M $190,000 Great American Title Agency
Helen Marx Property Llc $46,000 Stewart Title & Trust Of Pho
Federal National Mortgage Association $83,382 Accommodation
Giedraitis Tony $140,000 Magnus Title Agency
Flowers William D $71,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Svardal Rachel M $186,558
Previous Owner Giedraitis Tony $94,500
Previous Owner Flowers William D $56,000
Closed Flowers William D $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2018 03/08/18 Sold $190,000 -11.6% $247 / Sq Ft
01/24/2018 01/24/18 Pending -- -- --
01/17/2018 01/17/18 For Sale $215,000 0.0% $280 / Sq Ft
11/28/2017 11/28/17 Pending -- -- --
11/25/2017 11/25/17 For Sale $215,000 0.0% $280 / Sq Ft
11/28/2014 11/28/14 Rented $950 0.0% --
11/26/2014 11/26/14 Under Contract -- -- --
10/17/2014 10/17/14 For Rent $950 +5.6% --
10/01/2013 10/01/13 Rented $900 0.0% --
09/30/2013 09/30/13 Under Contract -- -- --
09/06/2013 09/06/13 For Rent $900 0.0% --
08/01/2012 08/01/12 Rented $900 -5.3% --
07/11/2012 07/11/12 Under Contract -- -- --
07/06/2012 07/06/12 For Rent $950 -- --
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 $565 $4,468 -- --
2024 $525 $4,256 -- --
2023 $525 $28,010 $5,600 $22,410
2022 $505 $18,160 $3,630 $14,530
2021 $505 $15,100 $3,020 $12,080
2020 $512 $13,450 $2,690 $10,760
2019 $512 $12,470 $2,490 $9,980
2018 $503 $10,270 $2,050 $8,220
2017 $549 $7,820 $1,560 $6,260
2016 $533 $6,860 $1,370 $5,490
2015 $494 $5,410 $1,080 $4,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5691741

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-32-035