K
Seller's Agent in 2023
Ken Tasopulos
Better Homes & Gardens Real Estate SJ Fowler
(602) 264-8400
2 in this area
7 Total Sales
814 N 8th Ave Phoenix, AZ 85007
Central City NeighborhoodEstimated Value: $643,000 - $1,101,676
4
Beds
--
Bath
2,600
Sq Ft
$335/Sq Ft
Est. Value
Highlights
- Central Heating and Cooling System
- Phoenix Coding Academy Rated A
- 3-minute walk to Hu-O-Te Mini Park
About This Home
As of April 2023This fully remodeled fourplex located in central Phoenix is being offered as a fantastic turnkey investment opportunity. Built in 1980, the unit mix consists of four (2 bed/1 bath) units. The extensive professional renovations were completed in 2022. Just some of the interior upgrades include: fresh paint; new shaker kitchen cabinets; new quartz kitchen countertops; new plank flooring; new stainless-steel appliances; and new in-suite washer/dryers. Exterior amenities consist of: a new metal roof; new windows; fresh paint; walk-out private patios; private parking at the rear; and upgraded low cost/maintenance desert landscaping.
Demand is high for units that are centrally located in Phoenix, have been fully renovated with quality materials, and are located within a mixed residential area. The nearby employment base is vast which consists of large & small employers from both the private & public sectors. The district serves its residents well by providing an abundance of choices related to shopping, dining, entertainment, schools and hospitals. Investors have realized the potential within the area, and as such, newer commercial buildings have been completed and new projects seemingly continue to be advanced along the more active nearby corridors.
Thus, this investment offers a hassle-free investment opportunity as it is fully occupied, stable, fully renovated and has a strong revenue stream right at acquisition. Buyer to verify all facts and figures.
Drive by only...please do not disturb residents.
Last Agent to Sell the Property
Better Homes & Gardens Real Estate SJ Fowler License #SA524907000 Listed on: 10/22/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,027
Year Built
- Built in 1980
Lot Details
- 6,708
Home Design
- Wood Frame Construction
- Metal Roof
- Stucco
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
- Free Parking
- Paved Parking
- On-Street Parking
- Assigned Parking
Utilities
- Central Heating and Cooling System
- Separate Meters
- Master Water Meter
Listing and Financial Details
- Tenant pays for electricity, cable TV
- The owner pays for trash collection, water, sewer, landscaping
- Legal Lot and Block 18 / 2
- Assessor Parcel Number 111-29-042
Community Details
Overview
- 4 Units
- Building Dimensions are 134x50
- Kensington Place Subdivision
Building Details
- Operating Expense $8,432
- Gross Income $74,089
- Net Operating Income $65,657
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2022
Closed on
Apr 5, 2023
Sold by
Bought by
Seller's Agent
Ken Tasopulos
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Timothy Redelsperger
Long Realty Uptown
List Price
$1,250,000
Sold Price
$1,050,000
Premium/Discount to List
-$200,000
-16%
Views
182
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
-$178,081
Avg. Annual Appreciation
-5.63%
Purchase Details
Listed on
Jul 3, 2021
Closed on
Aug 9, 2021
Sold by
Bought by
Seller's Agent
Lisa Richardson
ROI Asset Management Solutions
Buyer's Agent
Ken Tasopulos
Better Homes & Gardens Real Estate SJ Fowler
List Price
$575,000
Sold Price
$575,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.04%
Original Mortgage
$563,000
Interest Rate
2.9%
Mortgage Type
Construction
Purchase Details
Closed on
Nov 5, 2020
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 3, 2020
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 4, 2012
Sold by
Bought by
Purchase Details
Listed on
Jul 18, 2012
Closed on
Sep 11, 2012
Sold by
Bought by
Seller's Agent
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Steven Richards
Niksi
List Price
$139,000
Sold Price
$130,000
Premium/Discount to List
-$9,000
-6.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.83%
Original Mortgage
$97,500
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 10, 2010
Sold by
Bought by
Purchase Details
Closed on
Aug 26, 2009
Sold by
Bought by
Purchase Details
Closed on
Mar 11, 2009
Sold by
Bought by
Purchase Details
Closed on
Nov 22, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Interest Rate
1.62%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Sep 27, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Interest Rate
1.62%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Dec 27, 1999
Sold by
Bought by
Purchase Details
Closed on
Dec 16, 1999
Sold by
Bought by
Purchase Details
Closed on
Apr 10, 1997
Sold by
Bought by
Purchase Details
Closed on
Jun 14, 1994
Sold by
Bought by
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,050,000 | American Title Service Agency | ||
| $1,050,000 | American Title Service Agency | ||
| $575,000 | American Title Svc Agcy Llc | ||
| $575,000 | American Title Svc Agcy Llc | ||
| -- | None Listed On Document | ||
| -- | None Listed On Document | ||
| -- | Amrock Inc | ||
| -- | Amrock Inc | ||
| -- | None Available | ||
| -- | None Available | ||
| $130,000 | Chicago Title Agency Inc | ||
| $130,000 | Chicago Title Agency Inc | ||
| -- | Chicago Title | ||
| -- | Chicago Title | ||
| $73,751 | First American Title Ins Co | ||
| $73,751 | First American Title Ins Co | ||
| $97,931 | First American Title | ||
| $97,931 | First American Title | ||
| -- | First American Title Ins Co | ||
| -- | First American Title Ins Co | ||
| -- | First American Title | ||
| -- | First American Title | ||
| -- | Fidelity National Title | ||
| -- | Fidelity National Title | ||
| $106,000 | Fidelity National Title | ||
| $106,000 | Fidelity National Title | ||
| -- | North American Title Agency | ||
| $73,000 | North American Title Agency | ||
| -- | North American Title Agency | ||
| $73,000 | North American Title Agency | ||
| -- | First American Title | ||
| $42,500 | First American Title | ||
| -- | First American Title | ||
| $42,500 | First American Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $563,000 | ||
| Previous Owner | $160,000 | ||
| Previous Owner | $160,000 | ||
| Previous Owner | $97,500 | ||
| Previous Owner | $233,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/05/2023 04/05/23 | Sold | $1,050,000 | -4.1% | $404 / Sq Ft | |
| 02/21/2023 02/21/23 | Price Changed | $1,095,000 | -2.7% | $421 / Sq Ft | |
| 01/17/2023 01/17/23 | Price Changed | $1,125,000 | -10.0% | $433 / Sq Ft | |
| 10/22/2022 10/22/22 | For Sale | $1,250,000 | +117.4% | $481 / Sq Ft | |
| 08/12/2021 08/12/21 | Sold | $575,000 | 0.0% | $221 / Sq Ft | View Prior Sale |
| 07/03/2021 07/03/21 | Pending | -- | -- | -- | |
| 07/03/2021 07/03/21 | For Sale | $575,000 | +342.3% | $221 / Sq Ft | |
| 09/17/2012 09/17/12 | Sold | $130,000 | -6.5% | $50 / Sq Ft | View Prior Sale |
| 08/05/2012 08/05/12 | Pending | -- | -- | -- | |
| 06/18/2012 06/18/12 | For Sale | $139,000 | -- | $53 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,142 | $8,039 | -- | -- |
| 2024 | $1,065 | $7,656 | -- | -- |
| 2023 | $1,065 | $44,950 | $8,990 | $35,960 |
| 2022 | $1,027 | $30,210 | $6,040 | $24,170 |
| 2021 | $1,019 | $23,900 | $4,780 | $19,120 |
| 2020 | $1,031 | $22,800 | $4,560 | $18,240 |
| 2019 | $1,029 | $20,520 | $4,100 | $16,420 |
| 2018 | $1,012 | $14,180 | $2,830 | $11,350 |
| 2017 | $988 | $14,610 | $2,920 | $11,690 |
| 2016 | $960 | $12,950 | $2,590 | $10,360 |
| 2015 | $888 | $8,710 | $1,740 | $6,970 |
Source: Public Records
Agents Affiliated with this Home
-
Ken Tasopulos
-
Timothy Redelsperger
T
Buyer's Agent in 2023
Timothy Redelsperger
Long Realty Uptown
(602) 899-4640
3 in this area
17 Total Sales
-
Lisa Richardson
Seller's Agent in 2021
Lisa Richardson
ROI Asset Management Solutions
(602) 770-8063
2 in this area
12 Total Sales
-
Stephen Lins
Seller Co-Listing Agent in 2021
Stephen Lins
ROI Asset Management Solutions
(602) 300-0753
2 in this area
11 Total Sales
-
L
Seller's Agent in 2012
Lloyd Kaipainen
Better Homes & Gardens Real Estate SJ Fowler
-
L
Seller Co-Listing Agent in 2012
Lois Kaipainen
Income Property Shop
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6480724
APN: 111-29-042
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
Nearby Homes
- 821 W Mckinley St Unit 2
- 777 W Roosevelt St Unit 2
- 718 W Fillmore St
- 712 W Fillmore St
- 1020 W Mckinley St
- 922 W Roosevelt St
- 826 N 11th Ave
- 1109 Grand Ave
- 938 W Portland St
- 511 N 10th Ave Unit 5
- 805 N 4th Ave Unit 501
- 805 N 4th Ave Unit 1101
- 805 N 4th Ave Unit 208
- 805 N 4th Ave Unit 101
- 805 N 4th Ave Unit 609
- 805 N 4th Ave Unit 902
- 314 W Roosevelt St
- 1326 W Roosevelt St
- 1330 W Fillmore St
- 1306 W Polk St
- 802 N 8th Ave
- 806 N 8th Ave
- 818 N 8th Ave Unit 16
- 812 N 8th Ave
- 812 W Mckinley St
- 725 W Mckinley St Unit C
- 725 W Mckinley St
- 814 N 8th Ave Unit 1,3
- 814 N 8th Ave Unit 2
- 814 N 8th Ave Unit 4
- 814 N 8th Ave Unit 3
- 814 N 8th Ave Unit 1
- 733 W Mckinley St
- 805 N 9th Ave
- 809 W Mckinley St
- 818 W Mckinley St Unit West
- 818 W Mckinley St Unit North
- 818 W Mckinley St Unit East
- 818 W Mckinley St Unit 1S
- 818 W Mckinley St Unit 2N
Your Personal Tour Guide
Ask me questions while you tour the home.