NOT LISTED FOR SALE

Estimated Value: $195,000 - $351,000

2 Beds
1 Bath
1,206 Sq Ft
$245/Sq Ft Est. Value

Last Sold October 16, 2015

Last sale price $75,000 $62 Per Sq Ft

Est. 294% increase in value since last sale

Current estimated payment $1,567/month

242 Days on Market

Highlights

  • Transportation Service
  • Property is near public transit and bus stop
  • No HOA
  • Phoenix Coding Academy Rated A
  • Corner Lot
  • 3-minute walk to Grant Park

About This Home

As of October 2015

Investor Alert! 2 houses on a combined 3 parcels of land, almost 10,000sqft corner lot. Between the two houses on the lot there are 4 bedrooms and 2400 square feet total.
Zoned Commercial C1 District - which can be used for commercial or high density multi-family use.
Block home was once used as a restaurant.
Extremely close walk to rapid transit, and the downtown core, which is being revitalized.
Great future potential! Property sold in as-is condition

Last Agent to Sell the Property

Mark Carvalho

Carvalho Real Estate License #BR543460000 Listed on: 01/30/2015

Co-Listed By

Jamie Meyer

Carvalho Real Estate License #SA542460000

Last Buyer's Agent

Justin Baugh

Dobson and Baugh Real Estate License #BR632470000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $474

Year Built

  • Built in 1928

Lot Details

  • 1,200 Sq Ft Lot
  • Chain Link Fence
  • Corner Lot

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,206 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 1 Bathroom

Location

  • Property is near public transit and bus stop

Schools

  • Lowell Elementary School
  • Phoenix Prep Academy Middle School
  • Central High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 112-24-089-A

Community Details

Overview

  • No Home Owners Association
  • Association fees include no fees
  • Montgomery Subdivision

Amenities

  • Transportation Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$474

Year Built

Built in 1928

Lot Details

1,200 Sq Ft Lot

Listing Details

  • Cross Street: Central and Lincoln
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Basement: N
  • Separate Den Office Sep Den Office: N
  • Year Built: 1928
  • Tax Year: 2014
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.03
  • Co List Office Mls Id: creg001
  • Co List Office Phone: 480-854-9000
  • Subdivision Name: Montgomery
  • Architectural Style: Other
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • General Property Description:PriceSqFt: 62.18
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Other
  • Basement YN: No
  • Possible Use: None
  • Spa Features: None
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Full Bth Master Bdrm
  • Living Area: 1206.0
  • Stories: 1
  • Community Features:Near Bus Stop: Yes
  • Community Features:Near Light Rail Stop: Yes
  • Community Features:Transportation Svcs: Yes
  • Kitchen Features:None42: Yes

Exterior Features

  • Fencing: Chain Link
  • Lot Features: Corner Lot, Dirt Front, Dirt Back
  • Pool Features: None
  • Disclosures: Agency Discl Req
  • Construction Type: Wood Frame, Painted, Block
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Utilities

  • Cooling: Other, See Remarks
  • Heating: Electric
  • Laundry Features: Wshr/Dry HookUp Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: Transportation Svcs, Near Light Rail Stop, Near Bus Stop
  • 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

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Lowell Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix Prep Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1200.0
  • Parcel #: 112-24-089-A

Building Info

  • Builder Name: unk

Tax Info

  • Tax Annual Amount: 474.0
  • Tax Book Number: 112.00
  • Tax Lot: 23
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2015
Closed on
Oct 6, 2015
Sold by
Rayment Michael Andrew
Bought by
Yulyo Llc
Seller's Agent
Mark Carvalho
Carvalho Real Estate
Buyer's Agent
Justin Baugh
Dobson and Baugh Real Estate
List Price
$11,000
Sold Price
$75,000
Premium/Discount to List
$64,000
581.82%
Current Estimated Value
$295,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,232
Avg. Annual Appreciation
14.16%
Original Mortgage
$70,000
Outstanding Balance
$55,038
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$240,194

Purchase Details

Listed on
Jun 6, 2010
Closed on
Feb 27, 2013
Sold by
Ravarra Sharon and Synigal Calvin
Bought by
Rayment Michael Andrew
Seller's Agent
Yvonne McFadden
Berkshire Hathaway HomeServices Arizona Properties
Buyer's Agent
Jamie Meyer
Carvalho Real Estate
List Price
$50,000
Sold Price
$47,000
Premium/Discount to List
-$3,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.13%

Purchase Details

Closed on
Apr 21, 2010
Sold by
Estate Of Ophelia E Tapp and Ravarra Sharon
Bought by
Tate Helen and Hatter Vivian

Purchase Details

Closed on
Apr 20, 2010
Sold by
Ravarra Sharon and Tate Cleon B
Bought by
Tate Helen and Hatter Vivian

Purchase Details

Closed on
Aug 11, 2009
Sold by
Estate Of Ophelia E Tapp and Ravarra Sharon
Bought by
Tate Helen and Hatter Vivian

Purchase Details

Closed on
Jul 29, 2009
Sold by
Ravarra Sharon and Tate Cleon B
Bought by
Tate Helen and Hatter Vivian
Source: Public Records
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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
Yulyo Llc $75,000 Empire West Title Agency
Rayment Michael Andrew $47,000 Fidelity National Title Agen
Tate Helen -- None Available
Tate Helen -- None Available
Tate Helen -- None Available
Tate Helen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yulyo Llc $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2015 10/16/15 Sold $75,000 -14.8% $62 / Sq Ft
09/29/2015 09/29/15 Pending -- -- --
09/15/2015 09/15/15 Price Changed $88,000 -11.9% $73 / Sq Ft
04/22/2015 04/22/15 Price Changed $99,900 +808.2% $83 / Sq Ft
01/30/2015 01/30/15 For Sale $11,000 -76.6% $9 / Sq Ft
02/15/2013 02/15/13 Sold $47,000 -6.0% $39 / Sq Ft View Prior Sale
06/06/2010 06/06/10 For Sale $50,000 -- $41 / 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 $613 $4,319 -- --
2024 $572 $4,113 -- --
2023 $572 $24,450 $4,890 $19,560
2022 $552 $14,820 $2,960 $11,860
2021 $547 $14,520 $2,900 $11,620
2020 $554 $12,850 $2,570 $10,280
2019 $553 $10,550 $2,110 $8,440
2018 $543 $8,850 $1,770 $7,080
2017 $531 $6,450 $1,290 $5,160
2016 $516 $5,900 $1,180 $4,720
2015 $477 $4,870 $970 $3,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5229508

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-24-089A

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