$1,150,000
SOLD FEB 28, 2022

939 E Turney Ave Phoenix, AZ 85014

-- Bed
-- Bath
1,080 Sq Ft
1946 Built

Recently Sold

$1,065 Per Sq Ft

290 Days on Market

Highlights

  • Community Playground
  • Community Barbecue Grill
  • Ceiling Fan
  • Phoenix Coding Academy Rated A
  • Central Heating and Cooling System
  • Concrete Flooring

About This Home

As of February 2022

Check out this Fantastic Investment Opportunity, Cash flowing 4 PLEX in the prime location of Midtown Phoenix! These are beautiful totally remodeled units inside and out! The furniture is also included in the sale, including utensils! Current owners have averaged a gross of $90,000 income annually for 2020 on 3 units, this year has been approx $102,000 for 2021. More room for income growth with the 4th unit! 2 buildings 4 units total **4th unit needs total reno, make it your own style or duplicate the other units! You can also rent out all of the units long term, AIRBNB, and/or live in the 4th unit! 1-2 more units can be built on the lot! Nearly always occupied! Long term renters are an excellent option as well. Single level and NO HOA! LOW taxes, only $1,456 annual! There are TON o Billion dollar commercial and residential developments right in the area! Easy access to the light rail, buses and other transit. These are block construction, 3 of them are 1 bedroom 1 bathroom and 4th unit is a 2 bedroom unit with private yards, their own appliances, and each unit has a parking spot, 2 storage units on site, and separate electric meters. Brick accent walls, newer exterior and interior paint gives these units a bright airy feel. The units are approx 550-600 SQ FT each and unit 4 (2 bedrooms) is approx 900 sq ft. Roofs replaced in 2019. Each unit has an HVAC system replaced in 2019. Remodeled interiors in 2019 with concrete stained floors, modern premium concrete and wood block countertops, new doors, white accented kitchen cabinets, gold brushed faucets with matching hardware, white subway tile backsplashes, new modern fixtures/ceiling fans/lighting, and kitchen island with concrete counters and floating shelves. Stainless steel & black appliances in each unit; Gas stove, refrigerator, and microwave. Each unit has a small private backyard perfect for enjoying the cool morning air and sounds of birds. Bathrooms have been upgraded with a new vanity, tubs shower and hardware. All units have blinds and dual pane windows. Unit 4 has laundry hook ups. Can easily plumb for laundry hooks for the other 3 units. All units have concrete path walkways and front door covered awnings. Huge lot with low maintenance desert landscaping for privacy and enjoyment! There is an abundance of shopping, boutique restaurants and fine dining, theatre venues, and nightlife opportunities abound Midtown Phoenix. Very close to downtown Phoenix! There are also retail destinations such as the Camelback Colonnade and Biltmore Fashion Park situated within close proximity. These units are minutes to Phoenix Children's Hospital, Banner University Medical Center Phoenix, St. Joseph's Hospital Medical Center, VA Hospital, Phoenix College, gas stations, easy access to Metro light rail, Sprouts Farmers Market, Starbucks, Safeway, Jamba Juice, Jersey Mike's, Orange Theory Fitness, the popular & swanky Clarendon Hotel, Heard Museum, Phoenix Art Museum, Phoenix Country Club/ 18 Hole Golf Courses and the largest oasis park in Arizona, Encanto Park! North High School and St. Mary's Catholic High school nearby. Minutes drive to Downtown Phoenix, Sky Harbor International Airport, and 51, I-10, 202 loop Freeway access. The BILLION dollar residential/commercial development called Central Park is being built about 5 minutes away! There are plenty of recreational activities at the local parks, as well as the sprawling Phoenix Mountains Preserve just a short drive away. What more can you ask for? Don't miss out, start cash flowing monthly and call for info today!

Last Agent to Sell the Property

Awni Abbas

HomeSmart License #BR627042000 Listed on: 03/27/2021

Co-Listed By

Chantell Koska

HomeSmart License #SA647005000

Last Buyer's Agent

Claire Ackerman

Compass License #SA571364000

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,457

Year Built

  • Built in 1946

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Concrete Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Paved Parking
  • On-Street Parking

Schools

  • Longview Elementary School
  • Montecito Community Middle School
  • Central High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • The owner pays for gas, electricity, trash collection, water, sewer, cable TV
  • Tax Lot 47
  • Assessor Parcel Number 155-14-015

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 12,929
  • Carolyn Place Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Community Playground

Building Details

  • Operating Expense $11,517
  • Gross Income $102,000
  • Net Operating Income $90,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,457

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Cross Street: 12th street and Campbell
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1946
  • Tax Year: 2021
  • Directions: Go south on 12th street, West on Turney to property.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: cril12
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: CAROLYN PLACE
  • Cooling:Ceiling Fan(s): Yes
  • Construction Brick: Yes
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Community Features Play Area: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: Free-Standing Range, Disposal, Refrigerator, Microwave, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes
  • Community Features:Barbecue: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block, Brick
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved, Add'l Parking Avail, 1 Space/Unit, On Street
  • 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
  • Parking Features:Paved2: Yes
  • Parking Features Street Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Barbecue, Play Area, No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Security Alarm(s): Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Breakfast Bar2: Yes
  • Interior Amenities:Furnished: Yes

Fee Information

  • Annual Fuel Expense: 720.0
  • Annual Water Sewer Expense: 1800.0

Schools

  • Elementary School: Longview Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Montecito Community School

Lot Info

  • Lot Size: 12,929
  • Additional Parcels: No
  • Parcel #: 155-14-015

Multi Family

  • Owner Pays: Gas, Electricity, Trash Collection, Water, Sewer, Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 3240.0
  • Annual Gross Income: 102000.0
  • Insurance Expense: 2300.0
  • Property Net Operating Income: 90620.0
  • Annual Operating Expense: 11516.84

Tax Info

  • Tax Annual Amount: 1456.84
  • Tax Book Number: 155.00
  • Tax Lot: 47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2021
Closed on
Feb 28, 2022
Sold by
Joshua Voia-Tipei
Bought by
Jay Douglas Revocable Trust
Seller's Agent
Awni Abbas
HomeSmart
Buyer's Agent
Claire Ackerman
Compass
List Price
$1,150,000
Sold Price
$1,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.18%

Purchase Details

Listed on
Nov 21, 2013
Closed on
Mar 12, 2014
Sold by
Paying Cash For Housescom Llc
Bought by
Vola Tipei Joshua
Seller's Agent
Michael Flemister
Opportunity West
Buyer's Agent
Awni & Chantell Abbas
HomeSmart
List Price
$135,000
Sold Price
$145,000
Premium/Discount to List
$10,000
7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.97%
Original Mortgage
$142,373
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 17, 2013
Closed on
Jul 29, 2013
Sold by
Sfr 2012-1 S West Llc
Bought by
Paying Cash Hoses Com Llc
Seller's Agent
Avril Hogan
ARC Real Estate
Buyer's Agent
Avril Hogan
ARC Real Estate
List Price
$99,900
Sold Price
$102,000
Premium/Discount to List
$2,100
2.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.50%
Original Mortgage
$85,000
Interest Rate
4.28%
Mortgage Type
Unknown

Purchase Details

Listed on
Jul 17, 2013
Closed on
Jul 3, 2013
Sold by
Federal National Mortgage Association
Bought by
Sfr 2012 1 U S West Llc
Seller's Agent
Avril Hogan
ARC Real Estate
Buyer's Agent
Avril Hogan
ARC Real Estate
List Price
$99,900
Sold Price
$102,000
Premium/Discount to List
$2,100
2.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.28%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 20, 2012
Sold by
Federal National Mortgage Association
Bought by
Sfr 2012 1 U S West Llc

Purchase Details

Closed on
Mar 3, 2011
Sold by
Buckee Edward M and Klie Buckee Shelly L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 3, 2003
Sold by
Buckee Edward M and Buckee Shelly L
Bought by
939 East Turney Apartments Llc

Purchase Details

Closed on
Dec 6, 1997
Sold by
Trager Vergene and Goglia Donald
Bought by
Forman Antonia

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
6.98%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $1,150,000 Grand Canyon Title
Warranty Deed $145,000 First American Title Ins Co
Cash Sale Deed $102,000 American Title Service Agenc
Cash Sale Deed $54,300 Lawyers Title
Cash Sale Deed $54,300 Lawyers Title
Trustee Deed $112,769 First American Title
Quit Claim Deed -- --
Warranty Deed $70,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $860,000 New Conventional
Previous Owner $19,816 FHA
Previous Owner $141,738 FHA
Previous Owner $142,373 FHA
Previous Owner $85,000 Unknown
Previous Owner $85,000 New Conventional
Previous Owner $29,200 Stand Alone Second
Previous Owner $50,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Price Changed $1,350,000 -1.8% --
02/06/2025 02/06/25 Price Changed $1,375,000 -1.4% --
01/24/2025 01/24/25 For Sale $1,395,000 +21.3% --
02/28/2022 02/28/22 Sold $1,150,000 0.0% $1,065 / Sq Ft
03/27/2021 03/27/21 For Sale $1,150,000 +693.1% $1,065 / Sq Ft
04/08/2014 04/08/14 Sold $145,000 +7.4% $134 / Sq Ft
02/17/2014 02/17/14 Pending -- -- --
11/21/2013 11/21/13 For Sale $135,000 +32.4% $125 / Sq Ft
07/31/2013 07/31/13 Sold $102,000 +2.1% $94 / Sq Ft
07/24/2013 07/24/13 Pending -- -- --
07/17/2013 07/17/13 For Sale $99,900 -- $93 / 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 $1,491 $11,882 -- --
2024 $1,441 $11,317 -- --
2023 $1,441 $50,770 $10,150 $40,620
2022 $1,433 $34,870 $6,970 $27,900
2021 $1,457 $29,470 $5,890 $23,580
2020 $1,420 $24,580 $4,910 $19,670
2019 $1,358 $22,810 $4,560 $18,250
2018 $1,313 $17,870 $3,570 $14,300
2017 $1,206 $18,630 $3,720 $14,910
2016 $1,163 $14,370 $2,870 $11,500
2015 $1,081 $11,460 $2,290 $9,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6213364

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-14-015