NOT LISTED FOR SALE

921 E Moreland St Phoenix, AZ 85006

Garfield Neighborhood

Estimated Value: $730,000 - $843,000

4 Beds
2 Baths
1,011 Sq Ft
$775/Sq Ft Est. Value

Last Sold December 27, 2023

Last sale price $770,000 $762 Per Sq Ft

Current estimated payment $4,348/month

40 Days on Market

Highlights

  • Central Air
  • Ceiling Fan
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Vinyl Flooring

About This Home

As of December 2023

Tremendous investment property. Nicely redone over the years. Property is a duplex and single family home on one lot, Zoned R-3. Quality owner and landlord has been meticulous about improving the property and being assured of having quality tenants for nearly 20 years while the area has also seen more & more improvement. This has neighboring rentals selling for 7-figures and this one also has the property tax advantages of being a historic property in the North Garfield Historic District. Immediate access to the 10th Street Pedestrian Bridge takes you safely across the I-10 Freeway if needed and immediately finds you at Banner Hospital, one of the leading hospitals and healthcare teaching facilities in Arizona. All this w/ a great CAP rate and in the shadows of Phoenix's vibrant DownTown

Last Agent to Sell the Property

Lloyd Fox

1912 Realty Brokerage Phone: 602-418-1153 License #BR529637000 Listed on: 10/04/2023

Last Buyer's Agent

Doug McVinua

Blue Sky Living, LLC License #BR512549000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,063

Year Built

  • Built in 1950

Lot Details

  • Additional Parcels

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Vinyl Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for trash collection, electricity, water, sewer, cable TV, landscaping
  • Tax Lot 1
  • Assessor Parcel Number 116-31-134

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 12,375 sq ft

Building Details

  • Operating Expense $1,063
  • Gross Income $48,480
  • Net Operating Income $48,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,063

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: 7th st and Roosevelt
  • Property Type: Multiple Dwellings
  • Zoning: [M-M] MULTI-FAM
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1950
  • Tax Year: 2022
  • Directions: East to 10th Street and North to Moreland
  • Attribution Contact: 602-418-1153
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: 1 Space/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

Utilities

  • Electric: APS
  • Cooling: Central A/C, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 12,375 sq ft
  • Additional Parcels: Yes
  • Parcel #: 116-31-134

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Electricity, Water, Sewer, Cable TV, Landscaping
  • Number Of Units Total: 3
  • Annual Gross Income: 48480.0
  • Property Net Operating Income: 48480.0
  • Annual Operating Expense: 1063.0

Tax Info

  • Tax Annual Amount: 1063.0
  • Tax Book Number: 116.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Jan 26, 2024
Sold by
Georges Joseph F and Georges Jacqueline C
Bought by
Jjle C Llc
Seller's Agent
Lloyd Fox
1912 Realty
Buyer's Agent
Doug McVinua
Blue Sky Living, LLC
List Price
$800,000
Sold Price
$770,000
Premium/Discount to List
-$30,000
-3.75%
Views
39
Current Estimated Value
$770,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281
Avg. Annual Appreciation
0.24%

Purchase Details

Closed on
Apr 7, 2018
Sold by
Toma Evan
Bought by
Toma Evan and Toma Yvette

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
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2006
Sold by
Toma Evan
Bought by
Toma Evan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
6.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 13, 2004
Sold by
Ross Daniel and Ross Deborah
Bought by
Toma Evan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 13, 2003
Sold by
Black Suzanne
Bought by
Ross Daniel and Ross Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.76%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 31, 2002
Sold by
Rolle Judy Lee
Bought by
Black Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,600
Interest Rate
5.99%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Jjle C Llc -- None Listed On Document
Toma Evan -- Wfg Lender Services Resware
Toma Evan -- Pacific Title
Toma Evan $265,000 Grand Canyon Title Agency In
Ross Daniel $155,000 Chicago Title Insurance Co
Black Suzanne $107,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Toma Evan $168,000
Previous Owner Toma Evan $167,000
Previous Owner Toma Evan $140,000
Previous Owner Toma Evan $218,000
Previous Owner Toma Evan $212,000
Previous Owner Ross Daniel $155,000
Previous Owner Black Suzanne $85,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2023 12/27/23 Sold $770,000 -3.8% $762 / Sq Ft
11/14/2023 11/14/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $800,000 0.0% $791 / Sq Ft
04/15/2022 04/15/22 Rented $1,795 0.0% --
03/09/2022 03/09/22 For Rent $1,795 +23.8% --
12/01/2018 12/01/18 Rented $1,450 0.0% --
11/29/2018 11/29/18 Off Market $1,450 -- --
11/04/2018 11/04/18 For Rent $1,450 0.0% --
11/04/2018 11/04/18 Price Changed $1,450 +7.4% $1 / Sq Ft
10/15/2018 10/15/18 Off Market $1,350 -- --
10/10/2018 10/10/18 For Rent $1,350 +4.2% --
10/26/2017 10/26/17 Rented $1,295 0.0% --
10/17/2017 10/17/17 Off Market $1,295 -- --
10/05/2017 10/05/17 Price Changed $1,295 -13.4% $1 / Sq Ft
09/17/2017 09/17/17 Price Changed $1,495 -11.8% $1 / Sq Ft
09/06/2017 09/06/17 Price Changed $1,695 -10.6% $1 / Sq Ft
08/12/2017 08/12/17 For Rent $1,895 -- --
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 $1,113 $8,321 -- --
2024 $1,102 $7,925 -- --
2023 $1,102 $34,010 $6,800 $27,210
2022 $1,063 $24,770 $4,950 $19,820
2021 $1,055 $19,670 $3,930 $15,740
2020 $1,067 $16,670 $3,330 $13,340
2019 $1,065 $15,970 $3,190 $12,780
2018 $1,047 $14,910 $2,980 $11,930
2017 $1,023 $13,230 $2,640 $10,590
2016 $993 $9,420 $1,880 $7,540
2015 $919 $8,260 $1,650 $6,610
Source: Public Records

Agents Affiliated with this Home

  • Lloyd Fox

    Seller's Agent in 2023

    Lloyd Fox

    1912 Realty

    (602) 418-1153

    1 in this area

    155 Total Sales

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  • Doug McVinua

    Buyer's Agent in 2023

    Doug McVinua

    Blue Sky Living, LLC

    (602) 751-7577

    1 in this area

    35 Total Sales

    Section Image

  • D

    Seller's Agent in 2022

    Denise Gregory

    Real Property Management Private Wealth

    Section Image

  • R

    Seller's Agent in 2018

    Ronald K. Yablon

    West USA Realty

    (623) 298-2200

    8 Total Sales

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6613697

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-31-134

Arizona Maricopa County Phoenix 85006 Garfield

921 E Moreland St, Phoenix, AZ

This home is located at 921 E Moreland St, Phoenix, AZ 85006 since 04 October 2023 and is currently estimated at $783,374, approximately $774 per square foot. This property was built in 1950. 921 E Moreland St is a home located in Maricopa County with nearby schools including Garfield School, North High School, and Phoenix Coding Academy.

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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