1905 W Village Dr Phoenix, AZ 85023
North Central Phoenix NeighborhoodHighlights
- Cooling Available
- Ceiling Fan
- Heating Available
- Ceramic Tile Flooring
About This Home
As of March 2025Exceptional fourplex in a prime location with zero turnover in over five years. This well-maintained asset features three 2-bedroom, 1-bathroom units and one 1-bedroom, 1-bathroom unit. Situated within the North I-17 employment corridor, the area boasts over 95,000 jobs within a 5-mile radius of the property. The roof was replaced in 2020 and comes with a 10-year warranty, while the parking lot was repaved in 2022. 2 HVAC & water heaters replaced in November of 2024. Long-term tenants enjoy the large yard & maintain the property, resulting in minimal expenses for the owner. The owner covers water and electricity for security and laundry, while tenants are responsible for their own electric bills. This presents a value-add opportunity with immediate upside potential,.
Last Agent to Sell the Property
Sutton Cebrynski
Marcus & Millichap License #SA707695000
Last Buyer's Agent
Sutton Cebrynski
Marcus & Millichap License #SA707695000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,455
Year Built
- Built in 1970
Home Design
- Brick Exterior Construction
- Wood Frame Construction
- Built-Up Roof
- Block Exterior
- Metal Construction or Metal Frame
Interior Spaces
- Ceiling Fan
- Ceramic Tile Flooring
Parking
- 5 Open Parking Spaces
- 9 Parking Spaces
- 4 Covered Spaces
Schools
- Village Meadows Elementary School
- Deer Valley Middle School
- Deer Valley High School
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for trash collection, water, sewer
- Tax Lot /
- Assessor Parcel Number 208-07-080-C
Community Details
Overview
- 2 Buildings
- 4 Units
- Building Dimensions are 88 x 154
- Village Meadow Subdivision
Building Details
- Operating Expense $4,535
- Gross Income $58,800
- Net Operating Income $43,733
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/03/2025 03/03/25 | Sold | $710,000 | -5.3% | $740 / Sq Ft |
| 02/11/2025 02/11/25 | Price Changed | $750,000 | 0.0% | $781 / Sq Ft |
| 12/24/2024 12/24/24 | Price Changed | $750,000 | 0.0% | $781 / Sq Ft |
| 12/06/2024 12/06/24 | Pending | -- | -- | -- |
| 11/20/2024 11/20/24 | Price Changed | $750,000 | +1.4% | $781 / Sq Ft |
| 11/20/2024 11/20/24 | For Sale | $740,000 | 0.0% | $771 / Sq Ft |
| 11/05/2024 11/05/24 | Pending | -- | -- | -- |
| 07/17/2024 07/17/24 | For Sale | $740,000 | -- | $771 / 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 | $1,478 | $14,602 | -- | -- |
| 2024 | $1,455 | $13,907 | -- | -- |
| 2023 | $1,455 | $41,210 | $8,240 | $32,970 |
| 2022 | $1,406 | $29,170 | $5,830 | $23,340 |
| 2021 | $1,443 | $28,480 | $5,690 | $22,790 |
| 2020 | $1,418 | $25,070 | $5,010 | $20,060 |
| 2019 | $1,377 | $24,310 | $4,860 | $19,450 |
| 2018 | $1,334 | $21,080 | $4,210 | $16,870 |
| 2017 | $1,291 | $19,510 | $3,900 | $15,610 |
| 2016 | $1,225 | $15,260 | $3,050 | $12,210 |
| 2015 | $1,097 | $12,880 | $2,570 | $10,310 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $674,500 | New Conventional | |
| Previous Owner | $75,000 | New Conventional | |
| Previous Owner | $84,000 | Stand Alone Second | |
| Previous Owner | $336,000 | Purchase Money Mortgage | |
| Previous Owner | $116,000 | New Conventional | |
| Closed | $14,500 | No Value Available |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $710,000 | Premier Title Agency | |
| Special Warranty Deed | $100,000 | Great American Title Agency | |
| Trustee Deed | $353,219 | Great American Title Agency | |
| Warranty Deed | $420,000 | Great American Title Agency | |
| Warranty Deed | $145,000 | Grand Canyon Title Agency In | |
| Interfamily Deed Transfer | -- | Lawyers Title Of Arizona Inc | |
| Warranty Deed | -- | First American Title | |
| Warranty Deed | -- | First American Title |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6732203
APN: 208-07-080C
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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