1514 W Sherman St Phoenix, AZ 85007
Central City NeighborhoodEstimated payment $1,563/month
Total Views
4,442
--
Bed
--
Bath
--
Sq Ft
--
Price per Sq Ft
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Heating Available
- Phoenix Coding Academy Rated A
About This Home
Situated close to Downtown Phoenix, property offers a fantastic value-add opportunity for investors. This multifamily property features three units: a front duplex with two 1-bedroom, 1-bathroom units, and a 2-bedroom, 1-bathroom single-family home at the rear. Ideally located near Phoenix Memorial Hospital and just under two miles from Downtown Phoenix, this property presents great potential for growth.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $382
Year Built
- Built in 1946
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Flooring
- Ceramic Tile
- Vinyl
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tax Lot 14
- Assessor Parcel Number 112-10-050
Community Details
Overview
- 2 Buildings
- 3 Units
- Building Dimensions are 50 X 142
- North Steve Rayburn Subdivision
Building Details
- Operating Expense $382
Map
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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 | $382 | $2,856 | -- | -- |
| 2024 | $378 | $2,720 | -- | -- |
| 2023 | $378 | $20,300 | $4,060 | $16,240 |
| 2022 | $365 | $10,520 | $2,100 | $8,420 |
| 2021 | $362 | $7,730 | $1,540 | $6,190 |
| 2020 | $366 | $6,420 | $1,280 | $5,140 |
| 2019 | $366 | $5,020 | $1,000 | $4,020 |
| 2018 | $359 | $4,950 | $990 | $3,960 |
| 2017 | $351 | $3,350 | $670 | $2,680 |
| 2016 | $341 | $2,860 | $570 | $2,290 |
| 2015 | $316 | $2,310 | $460 | $1,850 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/21/2025 04/21/25 | Price Changed | $274,900 | 0.0% | -- |
| 04/21/2025 04/21/25 | For Sale | $274,900 | -1.8% | -- |
| 04/14/2025 04/14/25 | Pending | -- | -- | -- |
| 03/22/2025 03/22/25 | For Sale | $279,900 | 0.0% | -- |
| 03/14/2025 03/14/25 | Pending | -- | -- | -- |
| 02/26/2025 02/26/25 | For Sale | $279,900 | +202.6% | -- |
| 10/26/2018 10/26/18 | Sold | $92,500 | -2.6% | $110 / Sq Ft |
| 10/22/2018 10/22/18 | For Sale | $95,000 | 0.0% | $113 / Sq Ft |
| 10/22/2018 10/22/18 | Price Changed | $95,000 | 0.0% | $113 / Sq Ft |
| 10/18/2018 10/18/18 | Price Changed | $95,000 | 0.0% | $113 / Sq Ft |
| 10/10/2018 10/10/18 | Pending | -- | -- | -- |
| 10/08/2018 10/08/18 | Pending | -- | -- | -- |
| 10/08/2018 10/08/18 | For Sale | $95,000 | -- | $113 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $245,000 | Pioneer Title Agency Inc | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $99,000 | Pioneer Title Agency Inc | |
| Warranty Deed | $92,500 | Security Title Agency Inc | |
| Warranty Deed | $24,000 | First American Title | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,647,710 | New Conventional | |
| Closed | $246,000 | Commercial | |
| Previous Owner | $140,000 | New Conventional | |
| Previous Owner | $50,000 | Unknown | |
| Previous Owner | $75,000 | Stand Alone First | |
| Previous Owner | $5,410 | Unknown | |
| Previous Owner | $21,000 | Seller Take Back |
Source: Public Records
Similar Homes in Phoenix, AZ
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6825868
APN: 112-10-050
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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