$500,000
SOLD MAY 30, 2025
-- Bed
-- Bath
1,454 Sq Ft
1944 Built

Recently Sold

$344 Per Sq Ft

14% Below List Price

373 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Sunnyslope High School Rated A

About This Home

As of May 2025

Renovated, positive cash flowing 4 plex in the heart of Central Phoenix.Interior amenities include; new plumbing, new wood plank vinylflooring, new interior paint, fully equippedkitchens with stainless appliances and newcounter tops, updated bathrooms, new hardware, lighting, and shutters throughout. Additionally, the sewer line and exterior plumbing was all just replaced. New electrical panels installed throughout, new exterior paint , new landscaping, and new fencing. There is a common laundry area and separate storage, and all units are separately metered. Close to Route 51, Interstate 10, Downtown Phoenix, and Biltmore.

Last Agent to Sell the Property

Carrie Lehrman

SRL Group License #BR626599000 Listed on: 04/16/2024

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $797

Year Built

  • Built in 1944

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Over 1 Space Per Unit

Schools

  • Sunnyslope Elementary School
  • Sunnyslope High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 24
  • Assessor Parcel Number 159-35-106

Community Details

Overview

  • 3 Buildings
  • 4 Units
  • Building Dimensions are .209 acres
  • Waltmore Subdivision

Building Details

  • Operating Expense $797
  • Gross Income $51,480
  • Net Operating Income $51,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$797

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Cross Street: 12th Street and Northern
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1944
  • Tax Year: 2023
  • Road Surface Type: Asphalt
  • Subdivision Name: WALTMORE
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl, Wood
  • Appliances: Free-Standing Range, Refrigerator, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted
  • Roof: Composition

Garage/Parking

  • Parking Features: >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 Features >1 Space Per Unit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Window/Wall Unit, Individual
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Separate Storage: Yes

Schools

  • Elementary School: Sunnyslope Elementary School
  • High School: Sunnyslope High School
  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: .209 acres
  • Additional Parcels: No
  • Parcel #: 159-35-106

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 4
  • Annual Gross Income: 51480.0
  • Property Net Operating Income: 51480.0
  • Annual Operating Expense: 797.0

Tax Info

  • Tax Annual Amount: 797.0
  • Tax Book Number: 159.00
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
May 8, 2025
Sold by
Blue Ipsy Llc
Bought by
David Conlin Trust and Conlin
Seller's Agent
Carrie Lehrman
SRL Group
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$579,000
Sold Price
$500,000
Premium/Discount to List
-$79,000
-13.64%
Views
62
Current Estimated Value
$493,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,474
Avg. Annual Appreciation
-1.96%

Purchase Details

Closed on
Sep 30, 2022
Sold by
Kaur Amanpreet and Kaur Harpreet
Bought by
Blue Ipsy Llc

Purchase Details

Closed on
Feb 9, 2022
Sold by
Blue Ipsy Llc
Bought by
Kaur Amanpreet and Wadhwa Harpreet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 9, 2020
Closed on
Sep 4, 2020
Sold by
Vine Enterprises Llc
Bought by
Harpreet Wadhwa and Harpreet Kaur A
Seller's Agent
James Ward
HomeSmart
Buyer's Agent
Carrie Lehrman
SRL Group
List Price
$335,000
Sold Price
$325,000
Premium/Discount to List
-$10,000
-2.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%
Original Mortgage
$196,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 9, 2020
Closed on
Sep 3, 2020
Sold by
Amanpreet Kaur and Amanpreet Wadhwa H
Bought by
Blue Ipsy Llc
Seller's Agent
James Ward
HomeSmart
Buyer's Agent
Carrie Lehrman
SRL Group
List Price
$335,000
Sold Price
$325,000
Premium/Discount to List
-$10,000
-2.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2016
Sold by
Ward Laurie A
Bought by
Vine Enterprises Llc

Purchase Details

Listed on
May 7, 2015
Closed on
Oct 12, 2015
Sold by
Ward James and Ward Laurie A
Bought by
Ward Laurie W
Seller's Agent
Lethe Lew
Desert River Realty
Buyer's Agent
James Ward
HomeSmart
List Price
$85,000
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.66%
Original Mortgage
$62,775
Interest Rate
3.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 4, 2013
Sold by
Nguyen Su T
Bought by
Nguyen Dung

Purchase Details

Closed on
Feb 28, 2013
Sold by
Hoang Joey Thuy Ngoc
Bought by
Nguyen Dung

Purchase Details

Closed on
Jul 12, 2012
Sold by
Thai Uy Vinh
Bought by
Hoang Joey Thuy Ngoc
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 Type Sale Price Title Company
Warranty Deed $500,000 Premier Title Agency
Warranty Deed -- --
Warranty Deed -- Pioneer Title
Warranty Deed $310,000 Great American Ttl Agcy Inc
Warranty Deed -- Accommodation
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Grand Canyon Title Agency
Warranty Deed $83,700 Grand Canyon Title Agency
Interfamily Deed Transfer -- First American Title Ins Co
Cash Sale Deed $32,000 First American Title Ins Co
Cash Sale Deed $32,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $371,000 New Conventional
Previous Owner $196,000 New Conventional
Previous Owner $62,775 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2025 05/30/25 Sold $500,000 -3.7% $344 / Sq Ft
04/25/2025 04/25/25 Pending -- -- --
04/04/2025 04/04/25 Price Changed $519,000 -10.4% $357 / Sq Ft
04/04/2025 04/04/25 For Sale $579,000 +15.8% $398 / Sq Ft
03/19/2025 03/19/25 Off Market $500,000 -- --
01/30/2025 01/30/25 For Sale $579,000 +15.8% $398 / Sq Ft
12/12/2024 12/12/24 Off Market $500,000 -- --
09/12/2024 09/12/24 For Sale $579,000 +15.8% $398 / Sq Ft
07/15/2024 07/15/24 Off Market $500,000 -- --
05/24/2024 05/24/24 Price Changed $579,000 -3.3% $398 / Sq Ft
04/16/2024 04/16/24 For Sale $599,000 +84.3% $412 / Sq Ft
08/28/2020 08/28/20 Sold $325,000 -3.0% $224 / Sq Ft View Prior Sale
07/17/2020 07/17/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $335,000 +294.1% $230 / Sq Ft
10/16/2015 10/16/15 Sold $85,000 0.0% $58 / Sq Ft View Prior Sale
09/13/2015 09/13/15 Pending -- -- --
05/06/2015 05/06/15 For Sale $85,000 -- $58 / 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 $844 $6,640 -- --
2024 $797 $6,324 -- --
2023 $797 $27,650 $5,530 $22,120
2022 $771 $19,180 $3,830 $15,350
2021 $781 $16,270 $3,250 $13,020
2020 $762 $13,830 $2,760 $11,070
2019 $748 $12,000 $2,400 $9,600
2018 $728 $9,210 $1,840 $7,370
2017 $725 $8,000 $1,600 $6,400
2016 $711 $7,170 $1,430 $5,740
2015 $659 $5,950 $1,190 $4,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6691433

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-35-106

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