
1318 S 1st Ave Phoenix, AZ 85003
Central City NeighborhoodEstimated payment $1,571/month
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Heating Available
- Phoenix Coding Academy Rated A
About This Home
Fantastic investment opportunity in Phoenix! This duplex offers a total of 1,430 sq. ft. on a 6,100 sq. ft. lot, featuring two units: one with 1 bedroom and 1 bath, and the other with 1 bedroom and 1.75 baths. Zoned R-5, this property provides potential for future development or rental income. Each unit has a functional layout with spacious living areas, making it ideal for tenants or owner-occupancy. Conveniently located near shopping, dining, and transportation, this property is a great option for investors or those looking to expand their portfolio!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $498
Year Built
- Built in 1936
Home Design
- Block Exterior
Flooring
- Ceramic Tile
- Vinyl
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number 112-35-070
Community Details
Overview
- 2 Units
- Building Dimensions are 50 x 122.5
- Tait Place Subdivision
Building Details
- Operating Expense $498
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 | $498 | $3,724 | -- | -- |
2024 | $493 | $3,547 | -- | -- |
2023 | $493 | $18,410 | $3,680 | $14,730 |
2022 | $476 | $12,980 | $2,590 | $10,390 |
2021 | $472 | $10,770 | $2,150 | $8,620 |
2020 | $478 | $7,810 | $1,560 | $6,250 |
2019 | $477 | $7,460 | $1,490 | $5,970 |
2018 | $469 | $6,670 | $1,330 | $5,340 |
2017 | $458 | $6,080 | $1,210 | $4,870 |
2016 | $445 | $4,410 | $880 | $3,530 |
2015 | $411 | $3,870 | $770 | $3,100 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/18/2025 04/18/25 | Price Changed | $274,000 | -8.7% | -- |
02/18/2025 02/18/25 | Price Changed | $299,950 | -6.3% | -- |
02/07/2025 02/07/25 | For Sale | $319,950 | 0.0% | -- |
01/23/2025 01/23/25 | Pending | -- | -- | -- |
11/26/2024 11/26/24 | For Sale | $319,950 | -- | -- |
Deed History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Special Warranty Deed | -- | Stewart Title | |
Quit Claim Deed | -- | Essex Title Llc | |
Warranty Deed | $187,000 | Magnus Title Agency Llc | |
Special Warranty Deed | $84,250 | Grand Canyon Title Agency | |
Trustee Deed | $104,250 | None Available | |
Warranty Deed | $139,000 | Stewart Title | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | None Available | |
Warranty Deed | $40,000 | Pioneer Title Agency Inc | |
Warranty Deed | $33,000 | Pioneer Title Agency Inc | |
Warranty Deed | $19,000 | Pioneer Title Agency Inc | |
Interfamily Deed Transfer | -- | None Available | |
Quit Claim Deed | -- | First American Title |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $312,524,000 | Commercial | |
Previous Owner | $84,250 | Purchase Money Mortgage | |
Previous Owner | $104,250 | New Conventional | |
Previous Owner | $35,000 | Unknown | |
Previous Owner | $30,000 | Purchase Money Mortgage | |
Previous Owner | $28,000 | New Conventional |
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Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6788601

APN: 112-35-070
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