921 E Moreland St Phoenix, AZ 85006
Garfield NeighborhoodEstimated Value: $722,000 - $824,000
4
Beds
2
Baths
1,011
Sq Ft
$765/Sq Ft
Est. Value
Highlights
- Central Air
- Ceiling Fan
- Heating Available
- Phoenix Coding Academy Rated A
- Vinyl Flooring
About This Home
As of December 2023Tremendous 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
1912 Realty Brokerage Phone: 602-418-1153 License #BR529637000 Listed on: 10/04/2023
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,005
Avg. Annual Appreciation
-1.06%
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
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
157 Total Sales
-
Doug McVinua
Buyer's Agent in 2023
Doug McVinua
Blue Sky Living, LLC
(602) 751-7577
1 in this area
37 Total Sales
-
D
Seller's Agent in 2022
Denise Gregory
Real Property Management Private Wealth
-
Ronald K. Yablon
R
Seller's Agent in 2018
Ronald K. Yablon
West USA Realty
(623) 298-2200
7 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6613697
APN: 116-31-134
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.
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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