1505 E Oak St Phoenix, AZ 85006
Coronado NeighborhoodHighlights
- Cooling Available
- Ceiling Fan
- Heat Pump System
- Phoenix Coding Academy Rated A
- Vinyl Flooring
About This Home
As of November 2024Fully remodeled triplex in the sought-after Coronado Historic District of Midtown Phoenix. Close to Phoenix Children's Hospital & Phoenix Country Club. Tastefully upgraded recently with high-quality finishes. The units include SS appliances with dishwashers & stacked washer/dryer packages. Coveted unit mix of all 2 bedroom units (800 sf +/-) with separate electric. Rents are $1500-$1600/unit. Highly-stabilized with strong leases in place. Professionally managed. Just a 1/2 block to a new construction $1.1 mil house for sale. Offered individually or buy as a combination. Also available on the same block is 1501; 1509; 1521 (E); 1521 (W); & 1527 E. Oak. All triplexes have similar finishes/upgrades. CAP rates range from 5.99 to 6.28.
Last Agent to Sell the Property
Better Homes & Gardens Real Estate SJ Fowler License #BR650365000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,133
Year Built
- Built in 1957
Lot Details
- Property fronts an alley
- Additional Parcels
Home Design
- Composition Roof
- Block Exterior
Interior Spaces
- Ceiling Fan
- Vinyl Flooring
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- On-Street Parking
Utilities
- Cooling Available
- Heat Pump System
- Individual Controls for Heating
- Master Water Meter
Listing and Financial Details
- Tenant pays for electricity, cable TV
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 1
- Assessor Parcel Number 117-18-105
Community Details
Overview
- 3 Units
- Building Dimensions are 6788
- Ranchitos Bonitas Lots 1 4 Subdivision
Building Details
- Operating Expense $8,427
- Gross Income $54,150
- Net Operating Income $45,486
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/26/2024 11/26/24 | Sold | $721,000 | -2.4% | $302 / Sq Ft |
| 10/04/2024 10/04/24 | Pending | -- | -- | -- |
| 07/20/2024 07/20/24 | For Sale | $739,000 | -34.6% | $309 / Sq Ft |
| 11/20/2017 11/20/17 | Sold | $1,130,000 | -5.8% | $473 / Sq Ft |
| 10/19/2017 10/19/17 | For Sale | $1,200,000 | 0.0% | $502 / Sq Ft |
| 10/19/2017 10/19/17 | Price Changed | $1,200,000 | 0.0% | $502 / Sq Ft |
| 08/07/2017 08/07/17 | For Sale | $1,200,000 | +60.0% | $502 / Sq Ft |
| 02/20/2015 02/20/15 | Sold | $750,000 | -5.7% | $314 / Sq Ft |
| 01/05/2015 01/05/15 | Pending | -- | -- | -- |
| 12/12/2014 12/12/14 | For Sale | $795,000 | +629.4% | $332 / Sq Ft |
| 09/19/2012 09/19/12 | Sold | $109,000 | 0.0% | $46 / Sq Ft |
| 08/17/2012 08/17/12 | Pending | -- | -- | -- |
| 08/09/2012 08/09/12 | For Sale | $109,000 | -- | $46 / 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 | $1,144 | $8,552 | -- | -- |
| 2024 | $1,133 | $8,145 | -- | -- |
| 2023 | $1,133 | $35,860 | $7,170 | $28,690 |
| 2022 | $1,092 | $27,700 | $5,540 | $22,160 |
| 2021 | $1,084 | $27,680 | $5,530 | $22,150 |
| 2020 | $1,097 | $20,620 | $4,120 | $16,500 |
| 2019 | $1,095 | $16,920 | $3,380 | $13,540 |
| 2018 | $1,076 | $13,360 | $2,670 | $10,690 |
| 2017 | $1,051 | $13,000 | $2,600 | $10,400 |
| 2016 | $1,021 | $10,710 | $2,140 | $8,570 |
| 2015 | $945 | $9,120 | $1,820 | $7,300 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $540,000 | New Conventional | |
| Previous Owner | $630,000 | New Conventional | |
| Previous Owner | $2,970,000 | New Conventional | |
| Previous Owner | $231,000 | New Conventional | |
| Previous Owner | $717,000 | Commercial | |
| Previous Owner | $717,000 | Commercial | |
| Previous Owner | $650,000 | Commercial | |
| Previous Owner | $337,500 | Purchase Money Mortgage | |
| Previous Owner | $337,500 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $325,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $227,700 | Purchase Money Mortgage | |
| Previous Owner | $170,000 | New Conventional | |
| Previous Owner | $156,000 | New Conventional | |
| Previous Owner | $142,400 | Unknown | |
| Previous Owner | $98,400 | Seller Take Back | |
| Closed | $19,500 | No Value Available | |
| Closed | $21,200 | No Value Available |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $721,000 | Pioneer Title Agency | |
| Warranty Deed | $450,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $308,000 | Fidelity Natl Ttl Agcy Inc | |
| Special Warranty Deed | $1,115,000 | American Title Service Agenc | |
| Special Warranty Deed | $750,000 | Grand Canyon Title Agency | |
| Interfamily Deed Transfer | -- | None Available | |
| Cash Sale Deed | $35,500 | Lsi Title Agency | |
| Warranty Deed | $253,000 | Title Mgmt Agency Of Az Llc | |
| Warranty Deed | $212,500 | Dhi Title Of Arizona Inc | |
| Special Warranty Deed | -- | Lawyers Title Of Arizona Inc | |
| Warranty Deed | $195,000 | Lawyers Title Ins | |
| Trustee Deed | $96,700 | -- | |
| Warranty Deed | -- | Stewart Title & Trust | |
| Warranty Deed | $123,000 | Stewart Title & Trust | |
| Quit Claim Deed | -- | Chicago Title Insurance Co |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6733877
APN: 117-18-105
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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