$450,000
SOLD SEP 4, 2024

2323 W Fairmount Ave Phoenix, AZ 85015

Alhambra Neighborhood
-- Bed
-- Bath
2,664 Sq Ft
8,799 Sq Ft Lot

Recently Sold

$169 Per Sq Ft

18% Below List Price

73 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of September 2024

All 2 bedroom/2 bath triplex. End units have huge side, front and backyards. Dedicated off street parking 2 spots per unit. 2 units are updated.

Last Agent to Sell the Property

Cari Darcus

Cari Joy Darcus License #BR693969000

Last Buyer's Agent

Justin Titus

Aurumys License #SA687713000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,544

Year Built

  • Built in 1981

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Cooling Available
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 37
  • Assessor Parcel Number 110-04-027

Community Details

Overview

  • 3 Units
  • Building Dimensions are IRREG
  • Gerardo Park Lots 1 10 Subdivision

Building Details

  • Operating Expense $6,884
  • Gross Income $36,000
  • Net Operating Income $29,116

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,544

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Cross Street: Indian School/23rd
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: M-M
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1981
  • Tax Year: 2023
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Professional Management Expense: 2340.0
  • Subdivision Name: GERARDO PARK LOTS 1-10
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved, Free, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features:Paved2: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:Mini Blinds: Yes

Fee Information

  • Annual Water Sewer Expense: 3000.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: IRREG
  • Additional Parcels: No
  • Parcel #: 110-04-027

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 3
  • Annual Gross Income: 36000.0
  • Property Net Operating Income: 29116.0
  • Annual Operating Expense: 6884.0

Tax Info

  • Tax Annual Amount: 1544.0
  • Tax Book Number: 110.00
  • Tax Lot: 37

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
09/04/2024 09/04/24 Sold $450,000 -8.0% $169 / Sq Ft
08/25/2024 08/25/24 Pending -- -- --
08/16/2024 08/16/24 Price Changed $489,000 -4.1% $184 / Sq Ft
07/17/2024 07/17/24 Price Changed $510,000 -7.3% $191 / Sq Ft
06/12/2024 06/12/24 For Sale $550,000 +210.7% $206 / Sq Ft
10/28/2016 10/28/16 Sold $177,000 -6.3% $66 / Sq Ft
10/18/2016 10/18/16 Pending -- -- --
10/18/2016 10/18/16 For Sale $189,000 -- $71 / 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 $1,536 $10,694 -- --
2024 $1,544 $10,185 -- --
2023 $1,544 $36,060 $7,210 $28,850
2022 $1,520 $27,060 $5,410 $21,650
2021 $1,534 $23,330 $4,660 $18,670
2020 $1,475 $20,570 $4,110 $16,460
2019 $1,457 $17,450 $3,490 $13,960
2018 $1,345 $15,000 $3,000 $12,000
2017 $1,328 $13,410 $2,680 $10,730
2016 $1,272 $11,580 $2,310 $9,270
2015 $1,204 $9,680 $1,930 $7,750
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $208,000 New Conventional
Previous Owner $181,000 Unknown
Previous Owner $65,000 Stand Alone Second
Previous Owner $104,806 FHA
Previous Owner $69,824 FHA
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $450,000 Security Title Agency
Cash Sale Deed $177,000 Chicago Title Agency
Cash Sale Deed $60,500 Old Republic Title Agency
Warranty Deed $260,000 Great American Title Agency
Warranty Deed $106,000 Capital Title Agency
Joint Tenancy Deed -- First Southwestern Title
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6718301

Arizona Regional Multiple Listing Service (ARMLS)

APN: 110-04-027

Arizona Maricopa County Phoenix 85015 Alhambra

2323 W Fairmount Ave, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 2323 W Fairmount Ave, Phoenix, AZ 85015 and is currently priced at $450,000, approximately $168 per square foot. This property was built in 1981. 2323 W Fairmount Ave is a home located in Maricopa County with nearby schools including Westwood Primary School, Choice Learning Academy, and Phoenix Coding Academy.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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