NOT LISTED FOR SALE

929 W Pierson St Unit 1,2,3 Phoenix, AZ 85013

Uptown Phoenix Neighborhood

Estimated Value: $431,000 - $469,000

4 Beds
3 Baths
912 Sq Ft
$491/Sq Ft Est. Value

Last Sold February 28, 2018

Last sale price $192,500 $211 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $2,656/month

14 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Window Unit Heating System
  • Phoenix Coding Academy Rated A

About This Home

As of February 2018

Multiple offers received. *Drive by only. Do not disturb tenants. Call Agent for showing.* Excellent investment opportunity with great return in th perfect Central Phoenix location. Close to light rail, shopping, restaurants, coffee shops and just minutes to downtown. Main house has 2 bed/1 bath and central air/heat. Two apartments behind have wall units. Unit 2 is a 1 bed /1 bath and Unit 3 is an updated studio .Long term tenants in 2 of the 3 units on month to month leases. City sewer.

Last Agent to Sell the Property

Brian Gubernick

Keller Williams Realty Phoenix License #SA576658000 Listed on: 01/26/2018

Keller Williams Realty Phoenix

Co-Listed By

Natasha Greenhalgh

NORTH&CO. License #SA567110000

Last Buyer's Agent

Marcia Bachrad

West USA Realty License #SA020230000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,301

Year Built

  • Built in 1954

Lot Details

  • 9,453

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 3 Open Parking Spaces
  • 4 Parking Spaces
  • 1 Covered Space
  • Common or Shared Parking

Schools

  • Osborn Middle School
  • Central High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Window Unit Heating System

Listing and Financial Details

  • Tenant pays for cable TV
  • Assessor Parcel Number 155-36-090

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are 9450

Building Details

  • Operating Expense $1,301

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,301

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Cross Street: 7th Ave / Camelback
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1954
  • Tax Year: 2017
  • Directions: South of Camelback on 7th Ave. West on Pierson.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: kwrp003
  • Co List Office Phone: 480-314-4442
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl, Wood
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: 1 Space/Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes

Utilities

  • Electric: SRP
  • Cooling: Window/Wall Unit, Individual, Central A/C
  • Heating: Window/Wall Unit(s), Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:WindowWall Unit(s): Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Lot Size: 9450
  • Additional Parcels: No
  • Parcel #: 155-36-090

Multi Family

  • Owner Pays: None
  • Tenant Pays: Cable TV
  • Number Of Units Total: 3
  • Annual Operating Expense: 1301.0

Tax Info

  • Tax Annual Amount: 1301.0
  • Tax Book Number: 155.00
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2022
Sold by
Jacques & Leo Holdings Llc
Bought by
929 W Pierson St Llc
Total Days on Market
14
Current Estimated Value
$447,854

Purchase Details

Closed on
Apr 15, 2019
Sold by
Bachrad Dustin J and Bachrad Pari K
Bought by
Jacques & Leo Holdings

Purchase Details

Listed on
Jan 26, 2018
Closed on
Feb 26, 2018
Sold by
Auzoo Llc
Bought by
Bachrad Dustin J and Bachrad Pari K
Seller's Agent
Brian Gubernick
Keller Williams Realty Phoenix
Buyer's Agent
Marcia Bachrad
West USA Realty
List Price
$224,900
Sold Price
$192,500
Premium/Discount to List
-$32,400
-14.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.13%

Purchase Details

Closed on
Oct 27, 2011
Sold by
C & S Hanson Pierson Llc
Bought by
Auzoo Llc

Purchase Details

Closed on
Jan 26, 2011
Sold by
Hanson Capital Group
Bought by
Cps Hanson Holdings Llc

Purchase Details

Closed on
Feb 23, 2010
Sold by
Garcia Luis M and Garcia Patricia
Bought by
Hanson Capital Group

Purchase Details

Closed on
May 19, 1999
Sold by
Hoffman Benjamin and Hoffman Tina
Bought by
Garcia Luis M and Garcia Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,660
Interest Rate
7.01%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 7, 1995
Sold by
Hoffman Benjamin and Hoffman Tina
Bought by
Hoffman Benjamin and Hoffman Tina
Source: Public Records

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Range of Values:

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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
929 W Pierson St Llc -- None Listed On Document
Jacques & Leo Holdings -- Encore Title Agency Llc
Bachrad Dustin J $192,500 Encore Title Agency Llc
Auzoo Llc $73,140 Fidelity Natl Title Ins Co
Cps Hanson Holdings Llc -- None Available
Hanson Capital Group $36,700 First American Title
Garcia Luis M $89,900 Fidelity Title
Hoffman Benjamin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Luis M $191,332
Previous Owner Garcia Luis M $40,000
Previous Owner Garcia Luis M $140,000
Previous Owner Garcia Luis M $84,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2018 02/28/18 Sold $192,500 -14.4% $211 / Sq Ft
01/26/2018 01/26/18 For Sale $224,900 -- $247 / 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 $1,843 $14,687 -- --
2024 $1,781 $13,988 -- --
2023 $1,781 $25,860 $5,170 $20,690
2022 $1,771 $25,580 $5,110 $20,470
2021 $1,801 $23,310 $4,660 $18,650
2020 $1,755 $20,810 $4,160 $16,650
2019 $1,483 $16,670 $3,330 $13,340
2018 $1,430 $14,870 $2,970 $11,900
2017 $1,301 $13,080 $2,610 $10,470
2016 $853 $8,680 $1,730 $6,950
2015 $794 $7,580 $1,510 $6,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5714548

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-36-090