1011 E Sheridan St Phoenix, AZ 85006
Coronado NeighborhoodHighlights
- Central Air
- Ceiling Fan
- Heat Pump System
- Phoenix Coding Academy Rated A
About This Home
As of October 2024This gorgeous 4-plex within the Historical Coronado district is an investor's dream. Amazing tenants in place, two have been in the home for over 5 years. With no maintenance common space and each unit with its own outdoor space, everyone wins! Paved patios or large yards all with shade sails. Keeping it all tasteful and simple with recessed lighting in two units and porcelain tile in all, this is the whole deal. All units are furnished with washer and dryer, refrigerator and oven/stove. 8 parking spots on the lot. Easy walking to all the best coffee, restaurants and shops making rentability top-notch. With the ideal location and distinguished tenants in place, this 4-plex is just what investors need in their portfolio.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,715
Year Built
- Built in 1982
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
Schools
- Emerson Elementary School
- North High School
Utilities
- Central Air
- Heat Pump System
- Master Water Meter
Additional Features
- Ceiling Fan
- Additional Parcels
Listing and Financial Details
- Tenant pays for electricity, cable TV, landscaping
- The owner pays for water
- Tax Lot 7
- Assessor Parcel Number 117-27-149
Community Details
Overview
- 4 Units
- Building Dimensions are 5,357 sqft
- Syndicate Place Subdivision
Building Details
- Operating Expense $2,715
- Net Operating Income $64,485
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/04/2024 10/04/24 | Sold | $1,023,000 | -18.2% | $426 / Sq Ft |
| 07/19/2024 07/19/24 | For Sale | $1,250,000 | +78.8% | $521 / Sq Ft |
| 06/05/2018 06/05/18 | Sold | $699,000 | 0.0% | $291 / Sq Ft |
| 04/18/2018 04/18/18 | For Sale | $699,000 | -- | $291 / Sq Ft |
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 | $304 | $2,271 | $2,271 | -- |
| 2024 | $301 | $2,163 | $2,163 | -- |
| 2023 | $301 | $6,430 | $6,430 | $0 |
| 2022 | $290 | $4,890 | $4,890 | $0 |
| 2021 | $288 | $4,380 | $4,380 | $0 |
| 2020 | $291 | $3,850 | $3,850 | $0 |
| 2019 | $291 | $2,700 | $2,700 | $0 |
| 2018 | $286 | $2,380 | $2,380 | $0 |
| 2017 | $279 | $2,210 | $2,210 | $0 |
| 2016 | $271 | $2,130 | $2,130 | $0 |
| 2015 | $251 | $2,520 | $2,520 | $0 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $716,100 | New Conventional | |
| Previous Owner | $699,300 | New Conventional | |
| Previous Owner | $521,200 | New Conventional | |
| Previous Owner | $524,250 | New Conventional |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $1,023,000 | Security Title Agency | |
| Interfamily Deed Transfer | -- | Jetclosing Inc | |
| Interfamily Deed Transfer | -- | Equity Title Agency Inc |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6733334
APN: 117-27-151
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
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