NOT LISTED FOR SALE

905 S 2nd Ave Phoenix, AZ 85003

Central City Neighborhood

Estimated Value: $684,000 - $785,000

3 Beds
-- Bath
2,590 Sq Ft
$284/Sq Ft Est. Value

Sale Details

Date Sold: July 9, 2021

Last sale price $586,500 $226 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,999 / mo

2 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • 3-minute walk to Grant Park
  • Phoenix Coding Academy Rated A
  • Heat Pump System

About This Home

As of July 2021

This home is located at 905 S 2nd Ave, Phoenix, AZ 85003 since 29 May 2021 and is currently estimated at $735,852, approximately $284 per square foot. This property was built in 1984. 905 S 2nd Ave is a home located in Maricopa County with nearby schools including Lowell School, Phoenix Coding Academy, and Central High School.

Last Agent to Sell the Property

Tim Morris

HomeSmart License #SA665003000 Listed on: 05/29/2021

HomeSmart

Last Buyer's Agent

Colin Kreager

ABI Multifamily License #SA693849000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,002

Year Built

  • Built in 1984

Lot Details

  • 6,490

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • On-Street Parking

Utilities

  • Central Air
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 3 / 28
  • Assessor Parcel Number 112-24-064

Community Details

Overview

  • 4 Units
  • Building Dimensions are 50x125
  • Montgomery Add Amd Blks 75, 83, 84, 91, 99 102 Subdivision

Building Details

  • Operating Expense $1,002
  • Gross Income $49,920
  • Net Operating Income $40,750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,002

Year Built

Built in 1984

Lot Details

6,490 Sq Ft Lot

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: C1
  • Number Of Buildings: 1
  • Year Built: 1984
  • Tax Year: 2020
  • Road Surface Type: Asphalt
  • Subdivision Name: MONTGOMERY ADD AMD BLKS 75, 83, 84, 91, 99-102
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: >1 Space Per Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Security Light(s)3: Yes
  • Community Amenities:No Pool: Yes

Lot Info

  • Lot Size: 50x125
  • Additional Parcels: No
  • Parcel #: 112-24-064

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 49920.0
  • Property Net Operating Income: 40750.0
  • Annual Operating Expense: 1002.0

Tax Info

  • Tax Annual Amount: 1002.0
  • Tax Block: 28
  • Tax Book Number: 112.00
  • Tax Lot: 3

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

Closed on
Dec 20, 2021
Sold by
Bought by
Current Estimated Value
$735,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
0.0311%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 29, 2021
Closed on
Aug 4, 2021
Sold by
Bought by
Seller's Agent
Tim Morris
HomeSmart
Buyer's Agent
Colin Kreager
ABI Multifamily
List Price
$586,500
Sold Price
$586,500

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
$439,875
Interest Rate
0.0293%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 29, 2021
Closed on
Jul 13, 2021
Sold by
Bought by
Seller's Agent
Tim Morris
HomeSmart
Buyer's Agent
Colin Kreager
ABI Multifamily
List Price
$586,500
Sold Price
$586,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,875
Interest Rate
0.0293%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 5, 2016
Closed on
Jan 12, 2017
Sold by
Bought by
Seller's Agent
Robert Passariello
Realty Executives Arizona Territory
Buyer's Agent
Tim Morris
HomeSmart
List Price
$193,000
Sold Price
$190,000
Premium/Discount to List
-$3,000
-1.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.61%
Original Mortgage
$250,000
Interest Rate
0.0413%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 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
$168,000
Interest Rate
0.0712%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 2003
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
$142,740
Interest Rate
0.0812%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2000
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
$103,500
Interest Rate
0.082%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2000
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
$103,500
Interest Rate
0.082%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2000
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
$81,000
Interest Rate
0.0806%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 1997
Sold by
Bought by

Purchase Details

Closed on
Apr 4, 1995
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$750,000 Driggs Title Agency Inc
-- Accommodation
$586,500 Pioneer Title Agency Inc
$190,000 Chicago Title Agency
$190,000 Chicago Title Agency Inc
$210,000 Arizona Title Agency Inc
$158,600 Transnation Title Insurance
-- --
$115,000 Fidelity National Title
$90,000 Stewart Title & Trust
-- --
$14,300 Lawyers 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
Open $784,000
Closed $760,000
Closed $731,250
Closed $637,500
Previous Owner $439,875
Previous Owner $250,000
Previous Owner $250,000
Previous Owner $168,000
Previous Owner $142,740
Previous Owner $103,500
Previous Owner $81,000
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
07/09/2021 07/09/21 Sold $586,500 0.0% $226 / Sq Ft
05/31/2021 05/31/21 Pending -- -- --
05/29/2021 05/29/21 For Sale $586,500 +208.7% $226 / Sq Ft
01/16/2017 01/16/17 Sold $190,000 -1.6% $73 / Sq Ft View Prior Sale
12/02/2016 12/02/16 Pending -- -- --
12/02/2016 12/02/16 For Sale $193,000 -- $75 / 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 $1,110 $7,812
2024 $1,035 $7,440
2023 $1,035 $32,600 $6,520 $26,080
2022 $998 $24,630 $4,920 $19,710
2021 $990 $19,170 $3,830 $15,340
2020 $1,002 $15,570 $3,110 $12,460
2019 $1,000 $13,770 $2,750 $11,020
2018 $983 $10,370 $2,070 $8,300
2017 $960 $10,210 $2,040 $8,170
2016 $933 $8,480 $1,690 $6,790
2015 $863 $8,400 $1,680 $6,720
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tim Morris

    HomeSmart

    Section Image
  • Colin Kreager

    Buyer's Agent in 2021

    Colin Kreager

    ABI Multifamily

    (602) 714-1400

    3 in this area

    21 Total Sales

    Colin Kreager
    Section Image
  • Robert Passariello

    Seller's Agent in 2017

    Robert Passariello

    Realty Executives

    (480) 998-0676

    4 in this area

    11 Total Sales

    Robert Passariello
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6244250

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-24-064

Arizona Maricopa County Phoenix 85003 Central City

905 S 2nd Ave, Phoenix, AZ

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.

Arizona Regional Multiple Listing Service (ARMLS) 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

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