NOT LISTED FOR SALE

Estimated Value: $762,000 - $890,000

5 Beds
-- Bath
2,448 Sq Ft
$336/Sq Ft Est. Value

Last Sold June 29, 2021

Last sale price $677,000 $277 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,481/month

34 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of June 2021

Down to the studs total replacement in 2014-2015. Virtually everything was replaced! Separately metered electric & one water meter. 100% Vacant-Rare Buyer Flexibility! Top-Notch Midtown Phoenix location just off 7th Ave, across from a major new development with a Sprouts. Desirable unit mix w/ deluxe 2 bed/2 bath; big 2 bed/1 bath; & large sized 1 bed/1 bath. All units have washer/dryers & full kitchens w/ dishwashers! Built in 1955 on a big 9799 SF lot. R-4 zoning, ample surface parking. Local, long time owner that has self-managed. This has all the bells & whistles! Units have private, block wall rear yards & look over an attractive courtyard. Rare flexibility for short or long-term rental. Buyer to complete/rely on own due diligence. OM attached pro forma only. Showings by appointment.

Last Agent to Sell the Property

James Stephens

Better Homes & Gardens Real Estate SJ Fowler License #BR650365000 Listed on: 03/23/2021

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Charles Fertal

Compass License #SA651016000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,392

Year Built

  • Built in 1955

Lot Details

  • 9,801

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 5
  • Assessor Parcel Number 110-13-135

Community Details

Overview

  • 3 Units
  • Building Dimensions are 9799
  • North Park Central Unit 4 Subdivision

Building Details

  • Operating Expense $1,392

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,392

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Cross Street: 7th Ave and Osborn
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1955
  • Tax Year: 2020
  • Directions: Across the street from the Sprouts development on 8th Ave/Osborn.
  • Road Surface Type: Asphalt, Alley
  • Subdivision Name: NORTH PARK CENTRAL UNIT 4
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Other (See Remarks), >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:_greater_1 Space Per Unit: Yes
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Electric, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: See Remarks, No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Community Amenities:See Remarks15: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 9799
  • Additional Parcels: No
  • Parcel #: 110-13-135

Multi Family

  • Owner Pays: Other, Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 3
  • Annual Operating Expense: 1392.0

Tax Info

  • Tax Annual Amount: 1392.0
  • Tax Book Number: 110.00
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2023
Sold by
Bisson Christopher Scott and Bisson Dorothy Deely
Bought by
Bisson Family Trust and Bisson
Current Estimated Value
$822,197

Purchase Details

Closed on
Jul 13, 2023
Sold by
Bisson Christopher Scott and Bisson Dorothy Deely
Bought by
Bisson Family Trust and Bisson

Purchase Details

Listed on
Mar 23, 2021
Closed on
May 17, 2021
Sold by
Brown Susan and Susan M Brown Living Trust
Bought by
Bisson Christopher S and Bisson Dorothy D
Seller's Agent
James Stephens
Better Homes & Gardens Real Estate SJ Fowler
Buyer's Agent
Charles Fertal
Compass
List Price
$700,000
Sold Price
$677,000
Premium/Discount to List
-$23,000
-3.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.62%
Original Mortgage
$507,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2017
Sold by
Brown Susan
Bought by
Brown Susan and The Susan M Brown Living Trust

Purchase Details

Listed on
Aug 9, 2013
Closed on
Aug 23, 2013
Sold by
Wools James M
Bought by
Brown Susan
Seller's Agent
Peggy Mcnichols
HomeSmart
Buyer's Agent
Amy Brown
Realty One Scottsdale LLC
List Price
$129,000
Sold Price
$140,000
Premium/Discount to List
$11,000
8.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.70%

Purchase Details

Closed on
Mar 18, 2009
Sold by
Us Bank National Association
Bought by
Wools James M

Purchase Details

Closed on
Aug 7, 2008
Sold by
Lopez Julio Salomon
Bought by
Us Bank Na and Csfb Armt 2006-2

Purchase Details

Closed on
Jan 23, 2006
Sold by
Flores Mynor
Bought by
Lopez Julio Salomon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 1998
Sold by
Hua Hoa Hien
Bought by
Flores Mynor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,443
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 27, 1996
Sold by
Nguyen Anh Thi Kim
Bought by
Hua Hein Binh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
7.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 1996
Sold by
Ong Daniel
Bought by
Hua Hien Binh and Hua Hoa Hien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
7.41%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bisson Family Trust -- None Listed On Document
Bisson Family Trust -- None Listed On Document
Bisson Christopher S $677,000 Lawyers Title Of Arizona Inc
Brown Susan -- None Available
Brown Susan $138,000 Great American Title Agency
Wools James M $55,000 Great American Title Agency
Us Bank Na $121,100 Great American Title Agency
Lopez Julio Salomon $300,000 Arizona Title Agency Inc
Flores Mynor $97,000 Grand Canyon Title Agency In
Hua Hoa Hien -- Grand Canyon Title Agency In
Hua Hein Binh -- Stewart Title & Trust
Hua Hoa Hien -- Stewart Title & Trust
Hua Hien Binh $64,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bisson Christopher S $507,750
Previous Owner Lopez Julio Salomon $240,000
Previous Owner Flores Mynor $76,443
Previous Owner Hua Hien Binh $44,000
Closed Flores Mynor $15,707
Closed Lopez Julio Salomon $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2021 06/29/21 Sold $677,000 -3.3% $277 / Sq Ft
04/24/2021 04/24/21 Pending -- -- --
03/21/2021 03/21/21 For Sale $700,000 +400.0% $286 / Sq Ft
08/28/2013 08/28/13 Sold $140,000 +8.5% $57 / Sq Ft View Prior Sale
08/14/2013 08/14/13 Pending -- -- --
08/09/2013 08/09/13 For Sale $129,000 -- $53 / 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 $1,462 $11,647 -- --
2024 $1,412 $11,093 -- --
2023 $1,412 $43,980 $8,790 $35,190
2022 $1,404 $30,850 $6,170 $24,680
2021 $1,428 $27,020 $5,400 $21,620
2020 $1,392 $22,530 $4,500 $18,030
2019 $1,332 $19,280 $3,850 $15,430
2018 $1,287 $16,470 $3,290 $13,180
2017 $1,182 $13,430 $2,680 $10,750
2016 $1,140 $12,620 $2,520 $10,100
2015 $1,060 $11,080 $2,210 $8,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6211039

Arizona Regional Multiple Listing Service (ARMLS)

APN: 110-13-135