NOT LISTED FOR SALE

Phoenix, AZ 85006

Garfield Neighborhood

Estimated Value: $308,000 - $984,827

-- Bed
-- Bath
980 Sq Ft
$567/Sq Ft Est. Value

Last Sold November 04, 2014

Last sale price $92,000 $94 Per Sq Ft

Est. 504% increase in value since last sale

Current estimated payment $2,966/month

6 Days on Market

Highlights

  • Multiple cooling system units
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Phoenix Coding Academy Rated A
  • Central Heating and Cooling System

About This Home

As of November 2014

Wonderful Duplex in the heart of downtown Phoenix. Close to shopping, freeways and lots of sporting events. Both of the two units contain 1 bedroom 1 bath and have wonderful tenants in place. Unit 1226 was remodeled in Dec. 2013 with all new interior paint, and all new tile flooring throughout. Unit 1228 was remodeled in July of 2014 with all new interior paint, new tile flooring in the bathroom and closets, the bathtub was striped and resurfaced, the kitchen counter tops were refinished, new smoke detectors, and new blinds. This duplex is covered by Old Republic Home Protection and all systems are in place and functioning properly. Unit 1228 also has a large storage room in the back & a block wall was added a couple of years ago to separate the 2 tenants backyards. Great place.

Last Agent to Sell the Property

Susan Jordan

West USA Realty License #BR523533000 Listed on: 10/02/2014

West USA Realty

Last Buyer's Agent

Anne Thorne

HomeSmart License #SA641869000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $450

Year Built

  • Built in 1926

Lot Details

  • 6,752

Parking

  • On-Street Parking

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Schools

  • Garfield Elementary And Middle School
  • North High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity, cable TV, landscaping
  • The owner pays for trash collection, water, sewer
  • Tax Lot 7
  • Assessor Parcel Number 116-24-031

Community Details

Overview

  • 2 Units
  • Building Dimensions are 6738

Building Details

  • Operating Expense $2,788
  • Gross Income $11,628
  • Net Operating Income $9,290

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$450

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Cross Street: 12th Street and Pierce
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi-Family
  • Number Of Buildings: 1
  • Year Built: 1926
  • Tax Year: 2013
  • Road Surface Type: Alley
  • Professional Management Expense: 650.0
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Street Parking
  • Attached Garage: No
  • Parking:Street Parking: Yes

Utilities

  • Electric: APS
  • Cooling: 2 or More Units, Central A/C, Individual, Electric, Ceiling Fan(s)
  • Heating: Individual, Central, 2 or More Units, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:_two_ or More Units3: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 900.0

Schools

  • Elementary School: Garfield School
  • High School: North High School
  • Middle Or Junior School: Garfield School

Lot Info

  • Lot Size: 6738
  • Additional Parcels: No
  • Parcel #: 116-24-031

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 11628.0
  • Insurance Expense: 332.0
  • Maintenance Expense: 200.0
  • Property Net Operating Income: 9290.02
  • Annual Operating Expense: 2788.42
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 450.44
  • Tax Book Number: 116.00
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2014
Closed on
Oct 23, 2014
Sold by
Sj Properties Llc
Bought by
Vantage and Lynn Jeffries Trad Ira
Seller's Agent
Susan Jordan
West USA Realty
Buyer's Agent
Anne Thorne
HomeSmart
List Price
$90,000
Sold Price
$92,000
Premium/Discount to List
$2,000
2.22%
Current Estimated Value
$555,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$463,457
Avg. Annual Appreciation
17.50%
Original Mortgage
$57,300
Outstanding Balance
$19,314
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$536,143

Purchase Details

Closed on
Nov 10, 2012
Sold by
Barkdoll Properties Llc
Bought by
Sj Properties Llc

Purchase Details

Closed on
Aug 19, 2011
Sold by
Coyee Rosey Llc
Bought by
Barkdoll Properties Llc

Purchase Details

Closed on
Mar 1, 2003
Sold by
Charloff Lyla Gail and Charloff Gail
Bought by
Coyee Rosey Llc

Purchase Details

Closed on
Aug 9, 1999
Sold by
Dont4close
Bought by
Charloff Gail

Purchase Details

Closed on
Mar 9, 1999
Sold by
Charloff Gail
Bought by
Dont4close

Purchase Details

Closed on
Dec 27, 1996
Sold by
Solis Christopher and Solis Janene
Bought by
Charloff Gail
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Buyer Sale Price Title Company
Vantage $92,000 Lawyers Title Of Arizona Inc
Sj Properties Llc $28,108 None Available
Barkdoll Properties Llc $25,000 First American Title Ins Co
Coyee Rosey Llc -- --
Charloff Gail -- --
Dont4close -- --
Charloff Gail -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vantage $57,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2014 11/04/14 Sold $92,000 +2.2% $94 / Sq Ft
10/08/2014 10/08/14 Pending -- -- --
10/02/2014 10/02/14 For Sale $90,000 -- $92 / 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 $676 $4,760 -- --
2024 $630 $4,533 -- --
2023 $630 $24,270 $4,850 $19,420
2022 $608 $16,060 $3,210 $12,850
2021 $603 $13,400 $2,680 $10,720
2020 $610 $11,320 $2,260 $9,060
2019 $609 $9,080 $1,810 $7,270
2018 $599 $8,330 $1,660 $6,670
2017 $585 $7,060 $1,410 $5,650
2016 $568 $5,100 $1,020 $4,080
2015 $526 $4,110 $820 $3,290
Source: Public Records

Agents Affiliated with this Home

  • Susan Jordan

    Seller's Agent in 2014

    Susan Jordan

    West USA Realty

    (480) 628-7023

    22 Total Sales

    Susan Jordan
    Section Image

  • A

    Buyer's Agent in 2014

    Anne Thorne

    HomeSmart

    Section Image
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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5179725

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-24-031

Arizona Maricopa County Phoenix 85006

Garfield

Not Listed for Sale

MultiFamily

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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