NOT LISTED FOR SALE

908 E Turney Ave Phoenix, AZ 85014

Central City Neighborhood

Estimated Value: $210,000 - $836,630

Studio
5 Baths
1,000 Sq Ft
$661/Sq Ft Est. Value

Sale Details

Date Sold: October 10, 2023

Last sale price $825,000 $825 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $3,717 / mo

81 Days on Market

Highlights

  • Cooling Available
  • Longview Elementary School Rated 9+
  • Ceramic Tile Flooring

About This Home

As of October 2023

This boutique apartment community consists of 5 units: (1) studio and (4) 1-bed / 1-bath units. Each unit has been fully renovated through interior and exterior upgrades. The interior renovations include in-suite washers & dryers, new countertops, stainless steel appliances, new cabinets, updated bathrooms, vinyl flooring, and more.

908 East Turney Avenue is located just off 7th street which has seen a major revitalization over the last few years with new developments including brand new housing developments, hip restaurants, and retail shops. The residential neighborhood around 908 East Turney Avenue is home to young professionals and families.

Last Agent to Sell the Property

Mitchell Drake

ABI Multifamily License #SA675761000 Listed on: 07/18/2023

Last Buyer's Agent

Andrew Arambula

ABI Multifamily License #SA688881000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,384

Year Built

  • Built in 1947

Lot Details

  • 0.42

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 10 Open Parking Spaces
  • 30 Parking Spaces
  • 20 Covered Spaces

Utilities

  • Cooling Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water
  • Tax Lot 12
  • Assessor Parcel Number 155-19-004

Community Details

Overview

  • 3 Buildings
  • 5 Units
  • Building Dimensions are 18,303
  • Carolyn Place Lot 1 9, 46 54 Subdivision

Building Details

  • Operating Expense $1,384
  • Gross Income $79,717
  • Net Operating Income $51,396

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,384

Year Built

Built in 1947

Lot Details

0.42 Acres

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1947
  • Tax Year: 2022
  • Road Surface Type: Gravel, Asphalt
  • Subdivision Name: CAROLYN PLACE LOT 1-9, 46-54
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 20.0
  • Parking Features: <1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 30.0
  • General Property Description:Covered Parking Spcs: 20.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 30.0
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling Y N: Yes
  • Water Source: Master Meter
  • Heating:Central: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 18,303
  • Additional Parcels: No
  • Parcel #: 155-19-004

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Electricity
  • Number Of Units Total: 5
  • Annual Gross Income: 79717.0
  • Property Net Operating Income: 51396.0
  • Annual Operating Expense: 1384.0

Tax Info

  • Tax Annual Amount: 1384.0
  • Tax Book Number: 155.00
  • Tax Lot: 12

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
Jul 18, 2023
Closed on
Oct 10, 2023
Sold by
Bought by
Seller's Agent
Mitchell Drake
ABI Multifamily
Buyer's Agent
Andrew Arambula
ABI Multifamily
List Price
$975,000
Sold Price
$825,000
Premium/Discount to List
-$150,000
-15.38%
Views
14
Current Estimated Value
$661,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$163,592
Avg. Annual Appreciation
-7.67%
Original Mortgage
$495,000
Outstanding Balance
$481,363
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$180,045

Purchase Details

Closed on
Jun 21, 2021
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
$431,250
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 8, 2018
Closed on
Jul 16, 2018
Sold by
Bought by
Seller's Agent
Vince Zerilli
West USA Realty
Buyer's Agent
James Wehner
West USA Realty
List Price
$330,000
Sold Price
$330,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.08%

Purchase Details

Closed on
Dec 18, 2014
Sold by
Bought by

Purchase Details

Listed on
May 27, 2014
Closed on
Jun 4, 2014
Sold by
Bought by
Seller's Agent
Vince Zerilli
West USA Realty
Buyer's Agent
William Nager
My Home Group Real Estate
List Price
$140,000
Sold Price
$145,000
Premium/Discount to List
$5,000
3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.40%

Purchase Details

Closed on
May 26, 2011
Sold by
Bought by

Purchase Details

Closed on
Nov 23, 2009
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
$80,000
Interest Rate
4.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 24, 2009
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
$80,000
Interest Rate
4.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 17, 2008
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
$210,000
Interest Rate
5.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 27, 2008
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
$210,000
Interest Rate
5.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 23, 2004
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
$166,250
Interest Rate
6.27%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 25, 2002
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
$129,500
Interest Rate
5.78%
Mortgage Type
Commercial

Purchase Details

Closed on
May 6, 1998
Sold by
Bought by

Purchase Details

Closed on
May 21, 1996
Sold by
Bought by

Purchase Details

Closed on
May 20, 1996
Sold by
Bought by

Purchase Details

Closed on
Feb 26, 1996
Sold by
Bought by

Purchase Details

Closed on
Feb 14, 1996
Sold by
Bought by
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

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
$825,000 Commonwealth Land Title
$575,000 Chicago Title Agency Inc
$330,000 Pioneer Title Agency Inc
-- Accommodation
$145,000 Security Title Agency
-- Security Title Agency
$94,000 Clear Title Agency Of Arizon
$80,000 Lawyers Title Of Arizona Inc
-- Fidelity National Title
-- Capital Title Agency Inc
$165,100 First American Title
$237,500 Capital Title Agency Inc
$126,000 Capital Title Agency Inc
$57,000 Capital Title Agency
-- Security Title Agency
-- Security Title Agency
-- Security Title Agency
$15,000 United Title Agency
$38,000 United Title Agency
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 $495,000
Previous Owner $351,000
Previous Owner $431,250
Previous Owner $80,000
Previous Owner $210,000
Previous Owner $1,650,000
Previous Owner $166,250
Previous Owner $129,500
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
10/10/2023 10/10/23 Sold $825,000 -15.4% $825 / Sq Ft
07/18/2023 07/18/23 For Sale $975,000 +195.5% $975 / Sq Ft
07/19/2018 07/19/18 Sold $330,000 0.0% $330 / Sq Ft View Prior Sale
06/08/2018 06/08/18 For Sale $330,000 +127.6% $330 / Sq Ft
06/25/2014 06/25/14 Sold $145,000 +3.6% $145 / Sq Ft View Prior Sale
05/30/2014 05/30/14 Pending -- -- --
05/27/2014 05/27/14 For Sale $140,000 -- $140 / 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 $1,491 $11,481
2024 $1,392 $10,934
2023 $1,392 $52,430 $10,480 $41,950
2022 $1,384 $35,410 $7,080 $28,330
2021 $1,408 $31,250 $6,250 $25,000
2020 $1,372 $26,820 $5,360 $21,460
2019 $1,312 $23,700 $4,740 $18,960
2018 $1,269 $18,510 $3,700 $14,810
2017 $1,165 $18,760 $3,750 $15,010
2016 $1,124 $14,210 $2,840 $11,370
2015 $1,045 $11,150 $2,230 $8,920
Source: Public Records

Agents Affiliated with this Home

  • Mitchell Drake

    Seller's Agent in 2023

    Mitchell Drake

    ABI Multifamily

    (602) 714-1400

    7 in this area

    30 Total Sales

    Mitchell Drake
    Section Image
  • Andrew Arambula

    Buyer's Agent in 2023

    Andrew Arambula

    ABI Multifamily

    (602) 513-5200

    12 in this area

    58 Total Sales

    Andrew Arambula
    Section Image
  • Vince Zerilli

    Seller's Agent in 2018

    Vince Zerilli

    West USA Realty

    (602) 363-6207

    1 in this area

    74 Total Sales

    Vince Zerilli
    Section Image
  • James Wehner

    Buyer's Agent in 2018

    James Wehner

    West USA Realty

    (480) 323-5462

    40 Total Sales

    James Wehner
    Section Image
  • William Nager

    Buyer's Agent in 2014

    William Nager

    My Home Group

    (480) 227-1527

    104 Total Sales

    William Nager
    Section Image

  • \

    Buyer's Agent in 2014

    \William Nager

    Real Broker

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6581735

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-19-004

Arizona Maricopa County Phoenix 85014 Central City

908 E Turney 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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