$725,000
SOLD JAN 24, 2025
-- Bed
-- Bath
1,924 Sq Ft
6,752 Sq Ft Lot

Recently Sold

$377 Per Sq Ft

2% Below List Price

117 Days on Market

Highlights

  • Central Heating and Cooling System
  • Phoenix Coding Academy Rated A
  • Vinyl Flooring

About This Home

As of January 2025

4 Units, Garden-Style Property, Built-in 1983. All One-Bedroom / One-Bathroom Units. Individual Storage Units Plus Owner Storage. Value-Add Opportunity Through Interior & Exterior Renovations. Located in the Popular Garfield Historic District, Minutes From Downtown Phoenix. Individually Metered for Electricity.

Last Agent to Sell the Property

Andrew Arambula

ABI Multifamily License #SA688881000

Co-Listed By

Tom Palestina

ABI Multifamily License #SA688331000

Last Buyer's Agent

Kristi Thames

Dunlap & Magee Property Management, INC. License #BR584117000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,335

Year Built

  • Built in 1983

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Vinyl Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 11
  • Assessor Parcel Number 116-24-035

Community Details

Overview

  • 4 Units
  • Building Dimensions are 46.97x138.04x46.97x138.04
  • Erharts Sub Subdivision

Building Details

  • Operating Expense $1,335

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,335

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2023
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: abim01
  • Co List Office Phone: 602-714-1400
  • Subdivision Name: ERHARTS SUB
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Central A/C
  • Heating: Individual, Central, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 46.97x138.04x46.97x138.04
  • Additional Parcels: No
  • Parcel #: 116-24-035

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Operating Expense: 1335.0

Tax Info

  • Tax Annual Amount: 1335.0
  • Tax Book Number: 116.00
  • Tax Lot: 11

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Sold $725,000 -0.7% $377 / Sq Ft
01/15/2025 01/15/25 Pending -- -- --
11/13/2024 11/13/24 Price Changed $730,000 -0.7% $379 / Sq Ft
10/01/2024 10/01/24 Price Changed $735,000 -0.7% $382 / Sq Ft
10/01/2024 10/01/24 Price Changed $739,999 0.0% $385 / Sq Ft
09/20/2024 09/20/24 For Sale $740,000 +300.0% $385 / Sq Ft
02/12/2016 02/12/16 Sold $185,000 -4.1% $96 / Sq Ft
12/18/2015 12/18/15 Pending -- -- --
09/30/2015 09/30/15 For Sale $192,900 -- $100 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,348 $10,078 -- --
2024 $1,335 $9,598 -- --
2023 $1,335 $39,860 $7,970 $31,890
2022 $1,287 $27,900 $5,580 $22,320
2021 $1,278 $23,330 $4,660 $18,670
2020 $1,292 $21,780 $4,350 $17,430
2019 $1,290 $13,650 $2,730 $10,920
2018 $1,268 $12,660 $2,530 $10,130
2017 $1,239 $11,580 $2,310 $9,270
2016 $1,203 $9,570 $1,910 $7,660
2015 $1,113 $9,030 $1,800 $7,230
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $167,150 FHA
Closed $181,227 FHA
Closed $181,649 FHA
Previous Owner $61,250 New Conventional
Previous Owner $60,000 Purchase Money Mortgage
Previous Owner $160,800 Purchase Money Mortgage
Previous Owner $85,500 New Conventional
Closed $20,100 No Value Available
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $185,000 Security Title Agency Inc
Warranty Deed $87,500 Lawyers Title Of Arizona Inc
Quit Claim Deed -- None Available
Trustee Deed $65,000 None Available
Warranty Deed -- Chicago Title Insurance Co
Warranty Deed $201,000 Chicago Title Insurance Co
Quit Claim Deed -- --
Warranty Deed $95,000 American Title Insurance
Interfamily Deed Transfer -- --
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6760352

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-24-035