K
Seller's Agent in 2024
Kevin McGowin
Go Win Property Management
(480) 496-9001
5 in this area
51 Total Sales
2240 W Southern Ave Phoenix, AZ 85041
South Mountain NeighborhoodEstimated Value: $638,937
--
Bed
--
Bath
2,816
Sq Ft
$227/Sq Ft
Est. Value
Highlights
- Ceramic Tile Flooring
- Central Heating and Cooling System
- Ceiling Fan
- Phoenix Coding Academy Rated A
About This Home
As of December 2024Well-Maintained fully occupied 4-Plex! Two 2-bdrm units, One 1-bdrm unit, and One 3-bdrm unit. These units feature open floor plans with large bedrooms. Owner/ agent
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,274
Year Built
- Built in 1985
Lot Details
- 8,930
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Interior Spaces
- Ceiling Fan
Flooring
- Ceramic Tile
- Vinyl
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
Utilities
- Central Heating and Cooling System
- Heating unit installed on the ceiling
Listing and Financial Details
- Tenant pays for electricity
- The owner pays for trash collection, water, sewer
- Tax Lot 260
- Assessor Parcel Number 105-75-344-A
Community Details
Overview
- 4 Units
- Building Dimensions are 8907
- Park Phoenix 3 Subdivision
Building Details
- Operating Expense $1,274
- Gross Income $56,430
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 17, 2024
Closed on
Dec 30, 2024
Sold by
Hernandez Oscar
Bought by
2240 W Southern Llc
Seller's Agent
Kevin McGowin
Go Win Property Management
Buyer's Agent
Monica Coker
HomeSmart
List Price
$660,000
Sold Price
$640,000
Premium/Discount to List
-$20,000
-3.03%
Total Days on Market
35
Views
32
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,063
Avg. Annual Appreciation
-0.49%
Original Mortgage
$480,000
Outstanding Balance
$478,346
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$160,591
Purchase Details
Listed on
Oct 17, 2024
Closed on
Dec 17, 2024
Sold by
Km Lizard Properties Llc
Bought by
Hernandez Oscar
Seller's Agent
Kevin McGowin
Go Win Property Management
Buyer's Agent
Monica Coker
HomeSmart
List Price
$660,000
Sold Price
$640,000
Premium/Discount to List
-$20,000
-3.03%
Views
32
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$478,346
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$160,591
Purchase Details
Closed on
Sep 29, 2022
Sold by
Timoteo Mcgowin Kevin
Bought by
Km Lizard Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.66%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 19, 2021
Sold by
Abarca Arturo and Mcgowin Kevin
Bought by
Mcgowin Kevin Timoteo and Abarca Arturo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
3.1%
Mortgage Type
Commercial
Purchase Details
Listed on
Feb 18, 2021
Closed on
Feb 13, 2021
Sold by
Torres Martha
Bought by
Abarca Arturo
Seller's Agent
Jake Allen
Tradelands Realty
Buyer's Agent
Kevin McGowin
Go Win Property Management
List Price
$449,000
Sold Price
$433,000
Premium/Discount to List
-$16,000
-3.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.75%
Purchase Details
Listed on
Jul 30, 2020
Closed on
Aug 20, 2020
Sold by
Black Canyon Equity Llc
Bought by
Wengert Terry E
Seller's Agent
Jeffry Klein
Keller Williams Arizona Realty
Buyer's Agent
Justin Titus
Aurumys
List Price
$325,000
Sold Price
$340,000
Premium/Discount to List
$15,000
4.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.66%
Purchase Details
Listed on
Jul 30, 2020
Closed on
Aug 19, 2020
Sold by
Instafi Com Changgeng
Bought by
Black Canyon Equity Llc
Seller's Agent
Jeffry Klein
Keller Williams Arizona Realty
Buyer's Agent
Justin Titus
Aurumys
List Price
$325,000
Sold Price
$340,000
Premium/Discount to List
$15,000
4.62%
Purchase Details
Listed on
May 8, 2014
Closed on
Jul 24, 2014
Sold by
Madrid Lionel A and Madrid Delia E
Bought by
Xi Changgeng
Seller's Agent
Herb Anaya
Anaya Realty
Buyer's Agent
Karen Meyers
Cactus Mountain Properties, LLC
List Price
$115,000
Sold Price
$108,000
Premium/Discount to List
-$7,000
-6.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.76%
Purchase Details
Closed on
Jun 6, 1996
Sold by
Jorge A Tabora Md Pc Defined Benefit Pen
Bought by
Madrid Leonel A and Madrid Delia E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
8.09%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 2240 W Southern Llc | -- | None Listed On Document | |
| 2240 W Southern Llc | -- | None Listed On Document | |
| Hernandez Oscar | $640,000 | Navi Title Agency | |
| Hernandez Oscar | $640,000 | Navi Title Agency | |
| Km Lizard Properties Llc | -- | Equity Title | |
| Mcgowin Kevin Timoteo | -- | Equity Title | |
| Abarca Arturo | -- | Equity Title Agency Inc | |
| Abarca Arturo | $433,000 | Equity Title Agency Inc | |
| Wengert Terry E | -- | Equity Title Agency Inc | |
| Wengert Terry E | $344,000 | Tiago National Title Llc | |
| Black Canyon Equity Llc | $340,000 | Tiago National Title Llc | |
| Xi Changgeng | $108,000 | Old Republic Title Agency | |
| Madrid Leonel A | $58,000 | Grand Canyon Title Agency In |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hernandez Oscar | $480,000 | |
| Closed | Hernandez Oscar | $480,000 | |
| Previous Owner | Km Lizard Properties Llc | $450,000 | |
| Previous Owner | Mcgowin Kevin Timoteo | $312,000 | |
| Previous Owner | Xi Changgeng | $129,500 | |
| Previous Owner | Madrid Leonel A | $103,000 | |
| Previous Owner | Madrid Leonel A | $51,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/23/2024 12/23/24 | Sold | $640,000 | -3.0% | $227 / Sq Ft |
| 12/21/2024 12/21/24 | Price Changed | $660,000 | 0.0% | $234 / Sq Ft |
| 12/21/2024 12/21/24 | For Sale | $660,000 | 0.0% | $234 / Sq Ft |
| 11/19/2024 11/19/24 | Price Changed | $660,000 | -0.4% | $234 / Sq Ft |
| 11/04/2024 11/04/24 | Price Changed | $662,500 | -0.4% | $235 / Sq Ft |
| 10/17/2024 10/17/24 | For Sale | $665,000 | +53.6% | $236 / Sq Ft |
| 02/22/2021 02/22/21 | Sold | $433,000 | -3.6% | $154 / Sq Ft |
| 02/18/2021 02/18/21 | Price Changed | $449,000 | 0.0% | $159 / Sq Ft |
| 01/26/2021 01/26/21 | Pending | -- | -- | -- |
| 01/25/2021 01/25/21 | For Sale | $449,000 | +32.1% | $159 / Sq Ft |
| 08/20/2020 08/20/20 | Sold | $340,000 | +4.6% | $121 / Sq Ft |
| 08/03/2020 08/03/20 | Pending | -- | -- | -- |
| 07/30/2020 07/30/20 | For Sale | $325,000 | +200.9% | $115 / Sq Ft |
| 07/22/2014 07/22/14 | Sold | $108,000 | -6.1% | $38 / Sq Ft |
| 07/02/2014 07/02/14 | Pending | -- | -- | -- |
| 05/08/2014 05/08/14 | For Sale | $115,000 | -- | $41 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $1,274 | $8,671 | -- | -- |
| 2024 | $1,238 | $8,258 | -- | -- |
| 2023 | $1,238 | $37,130 | $7,420 | $29,710 |
| 2022 | $1,213 | $25,170 | $5,030 | $20,140 |
| 2021 | $1,237 | $22,130 | $4,420 | $17,710 |
| 2020 | $1,222 | $17,860 | $3,570 | $14,290 |
| 2019 | $1,183 | $16,900 | $3,380 | $13,520 |
| 2018 | $1,151 | $13,560 | $2,710 | $10,850 |
| 2017 | $1,097 | $11,680 | $2,330 | $9,350 |
| 2016 | $1,043 | $10,350 | $2,070 | $8,280 |
| 2015 | $982 | $8,400 | $1,680 | $6,720 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin McGowin
-
Monica Coker
Buyer's Agent in 2024
Monica Coker
HomeSmart
(480) 280-9425
13 in this area
104 Total Sales
-
Eduardo Coker
Buyer Co-Listing Agent in 2024
Eduardo Coker
HomeSmart
(480) 280-9425
14 in this area
83 Total Sales
-
Jake Allen
J
Seller's Agent in 2021
Jake Allen
Tradelands Realty
(480) 610-6833
3 in this area
48 Total Sales
-
Jeffry Klein
Seller's Agent in 2020
Jeffry Klein
Keller Williams Arizona Realty
(602) 373-4658
11 in this area
111 Total Sales
-
Justin Titus
Buyer's Agent in 2020
Justin Titus
Aurumys
(602) 516-9616
3 in this area
90 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6772358
APN: 105-75-344A
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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