Javier Cota
Play Realty
(623) 526-7202
50 Total Sales
3 in Central City
$295K - $304K Price Range
1548 W Mckinley St Phoenix, AZ 85007
Central City NeighborhoodEstimated Value: $461,403
Studio
4
Baths
830
Sq Ft
$556/Sq Ft
Est. Value
Highlights
- Multiple cooling system units
- Phoenix Coding Academy Rated A
- Central Heating and Cooling System
About This Home
As of April 2023Fully occupied and professionally managed 4-plex in the Grand Avenue Arts District on a high density R-5 zoned lot that is the highest density multi-family zoning. These two buildings consist of two 1 bedroom units and two studios. Rents and utility subsidies are at $3,875 per month gross / $46,500 per year. A new roof, plumbing, exterior paint, and high efficiency mini-splits installed May 2020. The interiors have been updated with stainless steel appliances, shaker cabinets, Quartz counters, tile showers, tile flooring, and fresh paint. Each unit has a small courtyard, and there is a shared laundry facility on site. There is a small gated parking area that can be leased or used for RV/Boat storage or build additional units.
Last Agent to Sell the Property
Grayson Real Estate License #BR636932000 Listed on: 11/07/2022
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $685
Year Built
- Built in 1916
Home Design
- Wood Frame Construction
- Composition Roof
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Assigned Parking
Schools
- Capitol Elementary School
- Central High School
Utilities
- Multiple cooling system units
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- Multiple Heating Units
- Heating System Uses Natural Gas
- Heat Pump System
- Individual Controls for Heating
- Window Unit Heating System
- Master Meter
- Master Water Meter
Listing and Financial Details
- The owner pays for trash collection, water, sewer
- Legal Lot and Block 7,8 / 3
- Assessor Parcel Number 111-25-026-A
Community Details
Overview
- 2 Buildings
- 4 Units
- Building Dimensions are 49 x 124
- Homestead Place Subdivision
Building Details
- Operating Expense $9,931
- Gross Income $46,500
- Net Operating Income $36,569
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 7, 2022
Closed on
May 22, 2023
Sold by
Purchasing Fund 2020-1 Llc
Bought by
Seller's Agent
Keith Grayson
Grayson Real Estate
Buyer's Agent
Mason Weiss
Barrett Real Estate
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%
Views
63
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48,597
Avg. Annual Appreciation
-2.88%
Original Mortgage
$389,768
Outstanding Balance
$373,906
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$87,497
Purchase Details
Listed on
Nov 7, 2022
Closed on
Apr 17, 2023
Sold by
Klg Investments Llc
Bought by
Purchasing Fund 2020-1 Llc
Seller's Agent
Keith Grayson
Grayson Real Estate
Buyer's Agent
Mason Weiss
Barrett Real Estate
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%
Views
63
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,768
Outstanding Balance
$373,906
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$87,497
Purchase Details
Closed on
Sep 23, 2021
Sold by
Morse Brittany Lynn and Grayson Keith L
Bought by
Klg Investments Llc
Purchase Details
Closed on
Nov 20, 2020
Sold by
Eco Properties Llc
Bought by
Morse Brittany Lynn and Grayson Keith L
Purchase Details
Closed on
Apr 15, 2020
Sold by
Wilson Doral L and Wilson Connie Mae
Bought by
Eco Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
3.3%
Mortgage Type
New Conventional
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Central City, AZ
-
Javier Cota
-
Ed Drummond
Ed Drummond
Capstone Realty Professionals
(480) 680-7809
92 Total Sales
3 in Central City
$375K - $395K Price Range
-
David Mendel
David Mendel
eXp Realty
(888) 586-2019
90 Total Sales
7 in Central City
$160K - $750K Price Range
-
Allison Bourn
Allison Bourn
Revinre
(877) 589-9685
59 Total Sales
1 in Central City
$375,000 Price
-
Ruben Luna
Ruben Luna
eXp Realty
(623) 323-9793
2,334 Total Sales
33 in Central City
$120K - $900K Price Range
-
Lala Smith
Lala Smith
eXp Realty
(602) 900-1668
436 Total Sales
2 in Central City
$330K - $558K Price Range
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $519,690 | Homeward Title | ||
| Purchasing Fund 2020-1 Llc | $510,000 | Homeward Title | |
| Klg Investments Llc | -- | None Listed On Document | |
| Morse Brittany Lynn | -- | None Available | |
| Eco Properties Llc | $200,000 | Security Title Agency Inc |
Source: Public Records
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 | Borrower | Loan Amount |
|---|---|---|---|
| Open | $389,768 | ||
| Previous Owner | Klg Investments Llc | $424,000 | |
| Previous Owner | Eco Properties Llc | $275,000 |
Source: Public Records
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 |
|---|---|---|---|---|
| 04/17/2023 04/17/23 | Sold | $510,000 | -2.9% | $614 / Sq Ft |
| 03/30/2023 03/30/23 | Pending | -- | -- | -- |
| 03/21/2023 03/21/23 | For Sale | $525,000 | 0.0% | $633 / Sq Ft |
| 03/15/2023 03/15/23 | Pending | -- | -- | -- |
| 03/13/2023 03/13/23 | Price Changed | $525,000 | -2.8% | $633 / Sq Ft |
| 02/14/2023 02/14/23 | Price Changed | $539,900 | -1.7% | $650 / Sq Ft |
| 02/01/2023 02/01/23 | Price Changed | $549,000 | -0.2% | $661 / Sq Ft |
| 11/30/2022 11/30/22 | Price Changed | $549,900 | -4.3% | $663 / Sq Ft |
| 11/15/2022 11/15/22 | Price Changed | $574,900 | -3.4% | $693 / Sq Ft |
| 11/07/2022 11/07/22 | For Sale | $595,000 | -- | $717 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $762 | $5,362 | ||
| 2024 | $710 | $5,107 | ||
| 2023 | $710 | $35,320 | $7,060 | $28,260 |
| 2022 | $685 | $24,620 | $4,920 | $19,700 |
| 2021 | $680 | $19,060 | $3,810 | $15,250 |
| 2020 | $688 | $17,550 | $3,510 | $14,040 |
| 2019 | $686 | $14,530 | $2,900 | $11,630 |
| 2018 | $675 | $9,910 | $1,980 | $7,930 |
| 2017 | $659 | $10,270 | $2,050 | $8,220 |
| 2016 | $640 | $9,060 | $1,810 | $7,250 |
| 2015 | $592 | $5,810 | $1,160 | $4,650 |
Source: Public Records
Agents Affiliated with this Home
-
Keith Grayson
Seller's Agent in 2023
Keith Grayson
Grayson Real Estate
(602) 418-0350
4 in this area
24 Total Sales
-
Mason Weiss
MW
Buyer's Agent in 2023
Mason Weiss
Barrett Real Estate
(480) 818-7745
4 in this area
107 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6486612
APN: 111-25-026A
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
Nearby Homes
- 1538 W Mckinley St
- 1647 W Garfield St
- 1514 W Fillmore St
- 1509 W Fillmore St Unit 22
- 1522 W Taylor St
- 1330 W Fillmore St
- 1830 W Fillmore St Unit 3
- 1326 W Roosevelt St
- 1513 W Taylor St Unit A and B
- 420 N 15th Ave
- 1522 W Polk St
- 1333 W Taylor St
- 347 N 16th Ave
- 415 N 17th Dr
- 1130 W Fillmore St
- 1306 W Polk St
- 1109 Grand Ave
- 1211 W Polk St
- 809 N 11th Ave
- 1530 W Culver St
- 1548 W Mckinley St Unit 2
- 1548 W Mckinley St Unit 1
- 1542 W Mckinley St
- 1540 W Mckinley St
- 1601 W Garfield St
- 1541 W Garfield St
- 1545 W Mckinley St
- 1541 W Mckinley St
- 1607 W Garfield St
- 1537 W Mckinley St
- 1534 W Mckinley St
- 1537 W Garfield St
- 1611 W Garfield St
- 1533 W Garfield St
- 1533 W Mckinley St
- 1613 W Garfield St
- 1529 W Garfield St
- 1546 W Pierce St
- 1546 W Garfield St
- 1526 W Mckinley St Unit 2
Your Personal Tour Guide
Ask me questions while you tour the home.