1050 W Polk St Unit 1 & 2 Phoenix, AZ 85007
Governmental Mall NeighborhoodEstimated payment $4,867/month
Highlights
- Cooling Available
- Ceiling Fan
- Heating Available
- Phoenix Coding Academy Rated A
- Vinyl Flooring
- 4-minute walk to University Park
About This Home
Recently built duplex located in Historic Downtown Phoenix! Both units include 3 bedrooms, 2.5 bathrooms, a spacious open floor plan and large master suite. Kitchen has all the upgrades a tenant would ever want with beautiful quartz countertops, a large island, stainless steel appliances, and all white cabinets. In Unit Washers & Dryers included. 1 car detached garage for EACH unit and shared private yard. Central location provides access to all downtown amenities and light rail. Left Unit active lease. RIGHT UNIT VACANT AS OF 04/1/2025.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,886
Year Built
- Built in 2021
Lot Details
- Property fronts an alley
Home Design
- Wood Frame Construction
- Composition Roof
- Siding
- Stucco
Interior Spaces
- Ceiling Fan
- Vinyl Flooring
Parking
- 4 Parking Spaces
- 2 Covered Spaces
- Assigned Parking
Schools
- Capitol Elementary School
- Central High School
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tax Lot 7
- Assessor Parcel Number 111-28-129
Community Details
Overview
- 2 Units
- Building Dimensions are 51 X 124
- University Addition Subdivision
Building Details
- Operating Expense $8,040
- Gross Income $50,513
- Net Operating Income $43,159
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,934 | $36,895 | -- | -- |
| 2024 | $4,886 | $35,138 | -- | -- |
| 2023 | $4,886 | $58,710 | $11,740 | $46,970 |
| 2022 | $3,291 | $33,220 | $6,000 | $27,220 |
| 2021 | $380 | $7,695 | $7,695 | $0 |
| 2020 | $385 | $6,600 | $6,600 | $0 |
| 2019 | $384 | $4,800 | $4,800 | $0 |
| 2018 | $378 | $2,820 | $2,820 | $0 |
| 2017 | $369 | $2,445 | $2,445 | $0 |
| 2016 | $358 | $2,220 | $2,220 | $0 |
| 2015 | $354 | $2,368 | $2,368 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/29/2025 03/29/25 | Price Changed | $799,000 | -3.2% | -- |
| 03/14/2025 03/14/25 | For Sale | $825,000 | -- | -- |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $87,000 | Great American Title Agency | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Fidelity National Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $555,000 | New Conventional | |
| Closed | $275,000 | Commercial | |
| Closed | $80,000 | New Conventional | |
| Previous Owner | $60,000 | Purchase Money Mortgage |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6828725
APN: 111-28-129
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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