940 E Rose Ln Phoenix, AZ 85014
Camelback East Village NeighborhoodEstimated payment $5,919/month
Highlights
- Patio
- Detached Carport Space
- Desert Landscape
- Phoenix Coding Academy Rated A
- Partially Fenced Property
About This Home
940 E Rose Ln in Phoenix, AZ (85014) is a 4-unit multifamily property located in a highly desirable, quiet residential pocket near the Biltmore area. The 1957 property (approx. 2,450 sqft) features tiled and carpeted flooring, forced air gas heating, electric cooling, and 5 total parking spaces (4 covered, 1 open), offering investors a, well-located, multi-unit opportunity. PROXIMITY TO LIFESTYLE: Nearby popular restaurants and shopping at Biltmore Fashion Park and Uptown Plaza. SCHOOLS: Located within the Madison Elementary School District (Madison Rose Lane School). INVESTMENT APPEAL: Located in a rapidly developing, desirable part of Phoenix. PLEASE DO NOT DISTURB TENANTS.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,772
Year Built
- Built in 1957
Lot Details
- Partially Fenced Property
- Desert Landscape
Home Design
- Brick Exterior Construction
- Composition Roof
- Block Exterior
Parking
- 1 Open Parking Space
- 5 Parking Spaces
- Detached Carport Space
- Additional Parking
- On-Street Parking
Schools
- Madison Rose Lane Elementary School
- Madison #1 Elementary Middle School
- North High School
Additional Features
- Blinds
- Patio
Listing and Financial Details
- The owner pays for water, sewer, trash collection, landscaping
- Tax Lot 10
- Assessor Parcel Number 161-15-061
Community Details
Overview
- 4 Units
- Building Dimensions are 159' x 62'
- Twin Palms Lots 1 Thru 10 Subdivision
Building Details
- Operating Expense $14,051
- Gross Income $66,360
- Net Operating Income $52,309
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,772 | $21,281 | -- | -- |
| 2024 | $2,572 | $20,267 | -- | -- |
| 2023 | $2,572 | $60,870 | $12,170 | $48,700 |
| 2022 | $2,496 | $47,910 | $9,580 | $38,330 |
| 2021 | $2,517 | $40,770 | $8,150 | $32,620 |
| 2020 | $2,478 | $33,200 | $6,640 | $26,560 |
| 2019 | $2,423 | $27,780 | $5,550 | $22,230 |
| 2018 | $2,364 | $24,630 | $4,920 | $19,710 |
| 2017 | $2,253 | $22,730 | $4,540 | $18,190 |
| 2016 | $2,175 | $19,400 | $3,880 | $15,520 |
| 2015 | $2,020 | $18,780 | $3,750 | $15,030 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/28/2026 05/28/26 | For Sale | $1,050,000 | +100.8% | -- | |
| 01/23/2020 01/23/20 | Sold | $523,000 | +1.6% | $428 / Sq Ft | View Prior Sale |
| 12/22/2019 12/22/19 | Pending | -- | -- | -- | |
| 12/10/2019 12/10/19 | For Sale | $515,000 | -- | $421 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Pioneer Title Agency Inc | |
| Warranty Deed | -- | Pioneer Title Agency Inc | |
| Special Warranty Deed | -- | None Available | |
| Warranty Deed | $523,000 | Jetclosing Inc | |
| Interfamily Deed Transfer | -- | Jet Closing Inc | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $408,500 | No Value Available | |
| Previous Owner | $392,250 | New Conventional |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7031945
APN: 161-15-061
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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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Ask me questions while you tour the home.