Seller's Agent in 2025
Julian Tiege
My Home Group
(602) 828-2502
4 in this area
41 Total Sales
927 S 35th Ave Phoenix, AZ 85009
Estrella Village Neighborhood
--
Bed
--
Bath
900
Sq Ft
1950
Built
Highlights
- Cooling System Mounted To A Wall/Window
- Phoenix Coding Academy Rated A
- Central Heating and Cooling System
About This Home
As of December 202510-Unit Multifamily Investment Opportunity! This renovated and cash-flowing property is in a strong central Phoenix rental market, consisting of 8 one-bedroom/one-bath units and 2 studio units, all renovated around 2022-2023, modern finishes and several updated systems. Each unit is separately metered for electricity, reducing ownership expenses and simplifying management. Very low property tax expense on this one ($1,167/yr). This sale includes two parcels, with the north parcel at 921 S 35th Ave, offering a big space to work with—a rare opportunity for value-add expansion. The additional land provides space to build storage units, install vending machines, add a laundry facility, or develop additional income-producing amenities, significantly increasing future cash flow and property value. The property is fully occupied with month-to-month leases. Located near major employment corridors, transit routes, and downtown Phoenix, this property combines stable current income with long-term upside. Excellent turnkey investment with small development potential.
Last Agent to Sell the Property
My Home Group Real Estate License #SA666191000 Listed on: 10/24/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,167
Year Built
- Built in 1950
Lot Details
- Additional Parcels
Home Design
- Wood Frame Construction
- Composition Roof
- Block Exterior
- Stucco
Parking
- 29 Open Parking Spaces
- 29 Parking Spaces
Schools
- Jack L Kuban Elementary School
- William R Sullivan Elementary Middle School
- Carl Hayden High School
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- Window Unit Heating System
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for water, trash collection
- Tax Lot 12
- Assessor Parcel Number 109-58-050
Community Details
Overview
- 4 Buildings
- 10 Units
- Building Dimensions are 148.02 x 123.03
- Tierra Verde Subdivision
Building Details
- Operating Expense $16,717
- Gross Income $152,263
- Net Operating Income $132,068
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 24, 2025
Closed on
Dec 29, 2025
Sold by
Tiege Julian
Bought by
Sunnys Home Llc
Seller's Agent
Julian Tiege
My Home Group Real Estate
Buyer's Agent
Brandon Lane
HomeSmart
List Price
$1,275,000
Sold Price
$1,250,000
Premium/Discount to List
-$25,000
-1.96%
Views
21
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-68.80%
Original Mortgage
$77,950
Outstanding Balance
$77,876
Interest Rate
6.26%
Mortgage Type
Seller Take Back
Estimated Equity
$900,905
Purchase Details
Closed on
Apr 9, 2024
Sold by
Luxtige Llc
Bought by
Tiege Julian
Purchase Details
Closed on
Sep 14, 2021
Sold by
Fiorella Dionisio
Bought by
Luxtige Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
2.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 12, 2019
Sold by
Fioreella Cynthia Byrd
Bought by
Fiorella Dionisio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 21, 2019
Sold by
Dcf Tierra Verde 10 Llc
Bought by
Fiorella Dionisio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Oct 7, 2009
Sold by
Real Estate Equity Lending Inc
Bought by
Fiorella Corrado and Fiorella Maria
Purchase Details
Closed on
Jul 2, 2008
Sold by
Lld Holdings Corp
Bought by
Real Estate Equity Lending Inc
Purchase Details
Closed on
Jul 24, 2007
Sold by
Metcalf Robert and Wilder James Lynwood
Bought by
Lld Holding Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 5, 2004
Sold by
Arena Real Estate Investments Inc
Bought by
Metcalf Robert and Wilder James Lynwood
Purchase Details
Closed on
Dec 19, 2003
Sold by
Keal Harry S
Bought by
Arena Real Estate Investments Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 10, 2003
Sold by
Keal Sun Ja
Bought by
Keal Harry S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 8, 2003
Sold by
Hillis Real Estate & Development Inc
Bought by
Keal Harry S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 26, 2000
Sold by
Ferring Russell T
Bought by
Marsh James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 13, 1999
Sold by
Worth Erin
Bought by
Ferring Russell T and Ferring Kathleen A
Purchase Details
Closed on
Jan 2, 1999
Sold by
Casas Southwest Inc
Bought by
Worth Erin
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,250,000 | Grand Canyon Title | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $600,000 | Equitable Title Agency | |
| Interfamily Deed Transfer | -- | Empire West Title Agency Llc | |
| Warranty Deed | -- | Empire West Title Agency Llc | |
| Cash Sale Deed | $210,000 | Clear Title Agency Of Arizon | |
| Trustee Deed | $361,488 | None Available | |
| Warranty Deed | $350,000 | Capital Title Agency Inc | |
| Warranty Deed | $320,000 | Ticor Title Agency Of Arizon | |
| Special Warranty Deed | -- | Capital Title Agency Inc | |
| Interfamily Deed Transfer | -- | Capital Title Agency Inc | |
| Special Warranty Deed | $145,000 | Capital Title Agency Inc | |
| Warranty Deed | $80,000 | Security Title Agency | |
| Grant Deed | -- | -- | |
| Quit Claim Deed | -- | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $77,950 | Seller Take Back | |
| Open | $650,000 | New Conventional | |
| Previous Owner | $560,000 | Commercial | |
| Previous Owner | $150,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $350,000 | Purchase Money Mortgage | |
| Previous Owner | $108,750 | Purchase Money Mortgage | |
| Previous Owner | $108,750 | Purchase Money Mortgage | |
| Previous Owner | $50,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/31/2025 12/31/25 | Sold | $1,250,000 | -2.0% | $1,389 / Sq Ft |
| 10/24/2025 10/24/25 | For Sale | $1,275,000 | -- | $1,417 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $664 | $5,311 | -- | -- |
| 2024 | $637 | $5,058 | -- | -- |
| 2023 | $637 | $28,000 | $5,600 | $22,400 |
| 2022 | $611 | $18,720 | $3,740 | $14,980 |
| 2021 | $647 | $16,580 | $3,310 | $13,270 |
| 2020 | $625 | $13,900 | $2,780 | $11,120 |
| 2019 | $619 | $11,930 | $2,380 | $9,550 |
| 2018 | $606 | $9,580 | $1,910 | $7,670 |
| 2017 | $583 | $8,620 | $1,720 | $6,900 |
| 2016 | $591 | $6,360 | $1,270 | $5,090 |
| 2015 | $551 | $5,710 | $1,140 | $4,570 |
Source: Public Records
Agents Affiliated with this Home
-
Julian Tiege
-
Brandon Lane
B
Buyer's Agent in 2025
Brandon Lane
HomeSmart
(480) 364-0901
1 in this area
16 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6924258
APN: 109-58-050
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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