$599,000
SOLD AUG 22, 2024
-- Bed
-- Bath
1,254 Sq Ft
6,403 Sq Ft Lot

Recently Sold

$478 Per Sq Ft

45 Days on Market

Highlights

  • RV or Boat Parking
  • Cooling Available
  • Vinyl Flooring
  • Phoenix Coding Academy Rated A
  • Ceiling Fan
  • Heat Pump System

About This Home

As of August 2024

SELLER WILL ENTERTAIN CREATIVE FINANCING! This charming triplex, built in 1939 and remodeled in 2024, is conveniently located near Downtown Phoenix, I-17, and I-10. It presents a unique opportunity for both investors and owner-occupants to join a vibrant, growing community. The property features modern updates, including new flooring, cabinets, backsplashes, updated electrical and plumbing, stainless steel appliances, ceiling fans, and a newer water heater. The front house (unit 3) has 3 bedrooms 1 bathroom, and is individually metered for electrical. The back house with two units, unit 1 with 1 bed/1 bath, and 2 bed/1 bath in Unit 2 sharing one power meter for both units. The landlord pays water, sewer and trash (around $140 a month). The lot, spanning 6,409 sq. ft., offers an RV gate, a new front block wall, and six parking spaces, with potential for additional parking or storage. This is an excellent investment or live-in rental opportunity.

Last Agent to Sell the Property

Sandy Hu

RE/MAX Alliance Group License #SA709031000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $502

Year Built

  • Built in 1939

Lot Details

  • Property fronts an alley

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Vinyl Flooring

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Covered Spaces
  • Common or Shared Parking
  • On-Street Parking
  • RV or Boat Parking

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for water, sewer, landscaping
  • Tax Lot 11
  • Assessor Parcel Number 105-33-013

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Building Dimensions are IRR
  • Daniels First Addition Subdivision

Building Details

  • Operating Expense $5,444
  • Gross Income $60,140
  • Net Operating Income $50,103

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$502

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Cross Street: Buckeye and 15th Avenue
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: MFAM
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1939
  • Tax Year: 2023
  • Directions: From Buckeye go south to Pima. Turn west and property is on the south side of the street
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Subdivision Name: DANIELS FIRST ADDITION
  • 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
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: Composition, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: RV/Boat Parking, Street Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Exterior Amenities:RVBoat Parking: Yes
  • Parking:RVBoat Parking2: Yes

Utilities

  • Electric: APS
  • Cooling: Individual, Heat Pump, Electric, Ceiling Fan(s)
  • Heating: Individual, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Fee Information

  • Annual Water Sewer Expense: 1774.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 105-33-013

Multi Family

  • Owner Pays: Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 3
  • Electric Expense: 3168.0
  • Annual Gross Income: 60140.0
  • Property Net Operating Income: 50103.0
  • Annual Operating Expense: 5444.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 502.0
  • Tax Book Number: 105.00
  • 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
08/22/2024 08/22/24 Sold $599,000 -0.2% $478 / Sq Ft
07/22/2024 07/22/24 Pending -- -- --
06/06/2024 06/06/24 For Sale $599,999 +64.4% $478 / Sq Ft
04/24/2020 04/24/20 Sold $365,000 -8.5% $291 / Sq Ft
04/19/2020 04/19/20 Pending -- -- --
04/11/2020 04/11/20 For Sale $399,000 0.0% $318 / Sq Ft
03/31/2020 03/31/20 Price Changed $399,000 0.0% $318 / Sq Ft
02/21/2020 02/21/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $399,000 +149.4% $318 / Sq Ft
07/23/2019 07/23/19 Sold $160,000 -15.8% $66 / Sq Ft
06/20/2019 06/20/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $190,000 0.0% $78 / Sq Ft
02/13/2019 02/13/19 Pending -- -- --
12/16/2018 12/16/18 For Sale $190,000 0.0% $78 / Sq Ft
12/07/2018 12/07/18 Pending -- -- --
09/25/2018 09/25/18 For Sale $190,000 +81.0% $78 / Sq Ft
08/17/2016 08/17/16 Sold $105,000 +5.1% $47 / Sq Ft
06/17/2016 06/17/16 Price Changed $99,900 -4.8% $45 / Sq Ft
05/23/2016 05/23/16 Price Changed $104,900 -8.7% $47 / Sq Ft
05/13/2016 05/13/16 Price Changed $114,900 -8.0% $52 / Sq Ft
04/29/2016 04/29/16 For Sale $124,900 +601.7% $56 / Sq Ft
04/13/2012 04/13/12 Sold $17,800 -6.3% $8 / Sq Ft
03/12/2012 03/12/12 Pending -- -- --
02/15/2012 02/15/12 Price Changed $19,000 -9.1% $8 / Sq Ft
01/17/2012 01/17/12 For Sale $20,900 -- $9 / 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 $507 $3,788 -- --
2024 $502 $3,608 -- --
2023 $502 $21,850 $4,370 $17,480
2022 $484 $13,560 $2,710 $10,850
2021 $480 $9,410 $1,880 $7,530
2020 $486 $8,560 $1,710 $6,850
2019 $485 $7,210 $1,440 $5,770
2018 $477 $6,950 $1,390 $5,560
2017 $466 $4,920 $980 $3,940
2016 $452 $4,430 $880 $3,550
2015 $419 $4,030 $800 $3,230
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $319,000 New Conventional
Closed $200,000 No Value Available
Previous Owner $277,000 New Conventional
Previous Owner $273,750 New Conventional
Previous Owner $178,750 Commercial
Previous Owner $15,250 Commercial
Previous Owner $109,500 Commercial
Previous Owner $56,000 Unknown
Previous Owner $45,000 Seller Take Back
Previous Owner $161,910 Fannie Mae Freddie Mac
Previous Owner $161,910 Fannie Mae Freddie Mac
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $599,000 Equity Title Agency
Warranty Deed -- New Title Company Name
Warranty Deed -- Stewart Title Guaranty Co
Warranty Deed -- Accommodation
Warranty Deed $365,000 Empire West Title Agency Llc
Warranty Deed -- Accommodation
Warranty Deed $160,000 Driggs Title Agency Inc
Warranty Deed $105,000 Empire West Title Agency
Trustee Deed $72,600 None Available
Warranty Deed $48,000 First American Title Ins Co
Cash Sale Deed $17,800 Guaranty Title Agency
Trustee Deed $35,550 First American Title
Interfamily Deed Transfer -- Camelback Title Agency Llc
Warranty Deed $180,000 Camelback Title Agency Llc
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6707503

Arizona Regional Multiple Listing Service (ARMLS)

APN: 105-33-013