$505,000
SOLD MAR 17, 2025
-- Bed
-- Bath
1,200 Sq Ft
0.27 Acres

Recently Sold

$421 Per Sq Ft

11% Below List Price

7 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Individual Controls for Heating

About This Home

As of March 2025

This 4-unit, garden-style property, built in 1950, offers a prime value-add opportunity through both interior and exterior renovations. The unit mix includes one 1-bedroom/1-bathroom unit and three 2-bedroom/1-bathroom units, all individually metered for electricity. Conveniently located near Phoenix Children's Hospital, Phoenix Country Club, and Coronado Park, the property also provides easy access to the State Route 51 freeway, making it an attractive option for investors looking to maximize potential in a desirable area.

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

Andrew Arambula

ABI Multifamily License #SA688881000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,165

Year Built

  • Built in 1950

Home Design

  • Siding

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Assessor Parcel Number 120-20-055

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 70.64*165.99*70.89*165.36

Building Details

  • Operating Expense $1,165

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,165

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1950
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: abim01
  • Co List Office Phone: 602-714-1400
  • Cooling:Central Air: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Free-Standing Range
  • Appliances Included:FS OvenRange: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Other, Siding
  • Roof: Other

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Central Air
  • Heating: Individual
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: Other

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 70.64*165.99*70.89*165.36
  • Additional Parcels: No
  • Parcel #: 120-20-055

Multi Family

  • Owner Pays: Other
  • Number Of Units Total: 4
  • Annual Operating Expense: 1165.0

Tax Info

  • Tax Annual Amount: 1165.0
  • Tax Book Number: 120.00
  • Tax Lot: 0

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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
03/17/2025 03/17/25 Sold $505,000 -10.6% $421 / Sq Ft
02/25/2025 02/25/25 For Sale $565,000 -- $471 / 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 $1,165 $8,958 -- --
2024 $1,151 $8,531 -- --
2023 $1,151 $38,700 $7,740 $30,960
2022 $1,073 $27,780 $5,550 $22,230
2021 $1,102 $23,000 $4,600 $18,400
2020 $1,075 $18,950 $3,790 $15,160
2019 $1,068 $16,520 $3,300 $13,220
2018 $1,045 $13,780 $2,750 $11,030
2017 $1,004 $12,900 $2,580 $10,320
2016 $965 $10,680 $2,130 $8,550
2015 $898 $9,450 $1,890 $7,560
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $113,000 Commercial
Previous Owner $144,200 Unknown
Previous Owner $90,000 No Value Available
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $505,000 Clear Title Agency Of Arizona
Special Warranty Deed $193,000 Empire West Title Agency Llc
Warranty Deed $178,000 Empire West Title Agency Llc
Special Warranty Deed -- None Available
Special Warranty Deed -- None Available
Cash Sale Deed $25,050 Guaranty Title Agency
Grant Deed -- None Available
Corporate Deed -- First American Title
Trustee Deed $104,000 First American Title
Interfamily Deed Transfer -- Stewart Title Of Ca Inc
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6826164

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-20-055