NOT LISTED FOR SALE

925 E Southern Ave Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $771,000 - $862,000

-- Bed
6 Baths
5,250 Sq Ft
$153/Sq Ft Est. Value

Last Sold October 11, 2022

Last sale price $740,000 $141 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,803/month

10 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

As of October 2022

Brand new duplex in the heart of Phoenix! This pristine property boasts 3,500 total sq ft with a striking contemporary design. Each unit features 1,750 sq ft, 3 bedrooms, 2.5 bathrooms, inside laundry, covered parking, and ample space for the entire family. Each kitchen includes new stainless steel appliances, custom cabinetry, breakfast bar, and a large pantry. The property is located in a great Phoenix neighborhood, with easy access to Downtown, Tempe, and the I-10. This is the perfect opportunity for both investors or individuals looking for an income property!

Last Agent to Sell the Property

James Lanier

Lanier Real Estate, LLC License #BR649257000 Listed on: 08/19/2022

Last Buyer's Agent

Angela Delgadillo

Gold West Realty LLC License #BR668397000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $221

Year Built

  • Built in 2022

Home Design

  • Wood Frame Construction
  • Stucco

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • Carport
  • Free Parking

Schools

  • John F Kennedy Elementary School
  • C O Greenfield Middle School
  • South Mountain High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 9
  • Assessor Parcel Number 114-27-075-C

Community Details

Overview

  • 2 Units
  • Building Dimensions are 65 x 92
  • Roosevelt Park 8 13 Subdivision

Building Details

  • Operating Expense $221

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$221

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Cross Street: 7th St & Southern
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2022
  • Tax Year: 2021
  • Directions: From 7th St, East on Southern to property on right side of street.
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: ROOSEVELT PARK 8-13
  • Tax Parcel Letter: C
  • Cooling:Ceiling Fan(s): Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Built-In Range, Dishwasher, W/D Hookup
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Other

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Free, Carport
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features:Carport: Yes
  • Parking Features Free2: Yes

Utilities

  • Electric: SRP
  • Cooling: Ceiling Fan(s), Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Breakfast Bar2: Yes

Schools

  • Elementary School: John F Kennedy Elementary School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: C O Greenfield School

Lot Info

  • Lot Size: 65 x 92
  • Additional Parcels: No
  • Parcel #: 114-27-075-C

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 2
  • Annual Operating Expense: 221.0

Tax Info

  • Tax Annual Amount: 221.0
  • Tax Book Number: 114.00
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2022
Closed on
Sep 21, 2022
Sold by
Maricopoly Llc
Bought by
Stearns Hayden
Seller's Agent
James Lanier
Lanier Real Estate, LLC
Buyer's Agent
Angela Delgadillo
Gold West Realty LLC
List Price
$749,900
Sold Price
$740,000
Premium/Discount to List
-$9,900
-1.32%
Views
78
Current Estimated Value
$805,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,788
Avg. Annual Appreciation
3.12%
Original Mortgage
$666,000
Outstanding Balance
$643,143
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$165,369

Purchase Details

Closed on
Mar 27, 2015
Sold by
Ar Shield 10 Llc
Bought by
Ar Shield 6 Llc

Purchase Details

Closed on
Jun 12, 2008
Sold by
Land Holdings Llc
Bought by
Ar Shield 10 Llc
Source: Public Records

Range of Values:

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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
Stearns Hayden $740,000 American Title Services
Ar Shield 6 Llc -- None Available
Ar Shield 10 Llc -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stearns Hayden $666,000
Previous Owner Maricopoly Llc $700,000
Previous Owner Maricopoly Llc $27,500
Previous Owner Molina Itzel $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2022 10/11/22 Sold $740,000 -1.3% $141 / Sq Ft
08/19/2022 08/19/22 For Sale $749,900 -- $143 / Sq Ft
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 $5,050 $34,381 -- --
2024 $4,907 $32,744 -- --
2023 $4,907 $54,710 $10,940 $43,770
2022 $217 $3,960 $3,960 $0
2021 $221 $4,350 $4,350 $0
2020 $219 $3,195 $3,195 $0
2019 $212 $2,580 $2,580 $0
2018 $206 $2,295 $2,295 $0
2017 $196 $1,845 $1,845 $0
2016 $187 $1,680 $1,680 $0
2015 $187 $1,888 $1,888 $0
Source: Public Records

Agents Affiliated with this Home

  • James Lanier

    Seller's Agent in 2022

    James Lanier

    Lanier Real Estate, LLC

    (602) 930-6972

    7 in this area

    298 Total Sales

    James Lanier
    Section Image

  • A

    Buyer's Agent in 2022

    Angela Delgadillo

    Gold West Realty LLC

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6452103

Arizona Regional Multiple Listing Service (ARMLS)

APN: 114-27-075C

Arizona Maricopa County Phoenix 85040 South Mountain

925 E Southern Ave, Phoenix, AZ

This home is located at 925 E Southern Ave, Phoenix, AZ 85040 since 19 August 2022 and is currently estimated at $805,788, approximately $153 per square foot. This property was built in 2022. 925 E Southern Ave is a home located in Maricopa County with nearby schools including John F. Kennedy Elementary School, C O Greenfield School, and South Mountain High School.

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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