$1,058,750
SOLD FEB 4, 2025
-- Bed
-- Bath
10,640 Sq Ft
0.37 Acres

Recently Sold

$100 Per Sq Ft

27% Below List Price

112 Days on Market

Highlights

  • Central Heating and Cooling System
  • Ceiling Fan
  • Vinyl Flooring
  • Phoenix Coding Academy Rated A

About This Home

As of February 2025

Each unit has been Recently updated. 3 units with 3 bedrooms & 2 baths, 2 units with 2 bedrooms & 1 bath. Stainless steel appliances. Covered parking. Easy access to freeway. This property presents a great opportunity for steady rental income and long-term value.

Last Agent to Sell the Property

Jacob Chapman

Realty85 License #BR583358000

Last Buyer's Agent

Jeremy Pierce

Berkshire Hathaway HomeServices Arizona Properties License #SA685985000

Berkshire Hathaway HomeServices Arizona Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,559

Year Built

  • Built in 1963

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Vinyl Flooring

Parking

  • 5 Parking Spaces
  • 5 Covered Spaces
  • On-Street Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for trash collection, gas, electricity, water, sewer, cable TV
  • Tax Lot 1
  • Assessor Parcel Number 116-05-142-F

Community Details

Overview

  • 3 Buildings
  • 5 Units
  • Building Dimensions are 16097

Building Details

  • Operating Expense $1,559

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,559

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: 24th Street & McDowell Road
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: M-M
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2023
  • Directions: McDowell to 24th St turn south to Brill. West to Property on the right.
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: F
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Microwave, Washer/Dryer
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: 1 Space/Unit, Street Parking
  • Attached Garage: No
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Street Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Ceiling Fan(s), Central A/C
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 16097
  • Additional Parcels: No
  • Parcel #: 116-05-142-F

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Gas, Electricity, Water, Sewer, Cable TV
  • Number Of Units Total: 5
  • Annual Operating Expense: 1559.0

Tax Info

  • Tax Annual Amount: 1559.0
  • Tax Book Number: 116.00
  • Tax Lot: 1

Map

Range of Values:

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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
02/04/2025 02/04/25 Sold $1,058,750 -18.6% $100 / Sq Ft
01/23/2025 01/23/25 Pending -- -- --
01/02/2025 01/02/25 Price Changed $1,300,000 -3.7% $122 / Sq Ft
01/02/2025 01/02/25 Price Changed $1,350,000 -6.9% $127 / Sq Ft
01/02/2025 01/02/25 For Sale $1,450,000 +37.0% $136 / Sq Ft
01/01/2025 01/01/25 Off Market $1,058,750 -- --
11/19/2024 11/19/24 Price Changed $1,450,000 -6.5% $136 / Sq Ft
10/31/2024 10/31/24 Price Changed $1,550,000 -6.1% $146 / Sq Ft
10/15/2024 10/15/24 Price Changed $1,650,000 -5.7% $155 / Sq Ft
10/03/2024 10/03/24 For Sale $1,750,000 -5.1% $164 / Sq Ft
06/30/2023 06/30/23 Sold $1,845,000 +7.0% $173 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
09/13/2022 09/13/22 For Sale $1,725,000 -- $162 / 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 $1,577 $12,131 -- --
2024 $1,559 $11,553 -- --
2023 $1,559 $60,310 $12,060 $48,250
2022 $1,498 $43,930 $8,780 $35,150
2021 $1,534 $38,530 $7,700 $30,830
2020 $1,497 $32,610 $6,520 $26,090
2019 $1,486 $25,680 $5,130 $20,550
2018 $1,456 $22,860 $4,570 $18,290
2017 $1,400 $19,220 $3,840 $15,380
2016 $1,345 $15,110 $3,020 $12,090
2015 $1,251 $13,420 $2,680 $10,740
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,015,000 New Conventional
Closed $1,108,000 New Conventional
Previous Owner $700,000 Construction
Previous Owner $357,500 Commercial
Previous Owner $175,000 Commercial
Previous Owner $245,000 Commercial
Previous Owner $121,503 Commercial
Previous Owner $195,000 Commercial
Previous Owner $195,000 Commercial
Source: Public Records

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $1,058,750 Premier Title Agency
Trustee Deed $1,025,000 First National Title
Special Warranty Deed $550,000 Thomas Title And Escrow
Warranty Deed -- None Available
Warranty Deed $385,000 Camelback Title Agency Llc
Interfamily Deed Transfer -- American Title Ins Agency Az
Warranty Deed $235,000 American Title Ins Agency Az
Cash Sale Deed $130,000 Old Republic Title Agency
Warranty Deed -- --
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6766144

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-05-142F