$465,000
SOLD MAR 7, 2025
-- Bed
-- Bath
525 Sq Ft
7,275 Sq Ft Lot

Recently Sold

$886 Per Sq Ft

6% Below List Price

173 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of March 2025

This charming multi-family home in Rhoades Park is a must-see! Featuring 3 units, each with 1 bedroom, 1 bathroom, a carport, and a private patio, this property offers both comfort and convenience. Inside, enjoy spacious living areas with tile flooring and a neutral palette. The eat-in kitchens are fully equipped with ample cabinetry and appliances, while cozy bedrooms include built-in closets. The open lot on the south side of Unit D offers exciting potential for additional income—whether adding a unit, a garage, or creating storage for cars/motorhomes. Be sure to check with the city for zoning and ordinance compliance before moving forward. Centrally located near dining, shopping, and freeway access—don't miss out on this opportunity!

Last Agent to Sell the Property

Jason Pyle

HomeSmart License #SA554183000

HomeSmart

Co-Listed By

Cherra Savage

HomeSmart License #SA630957000

Last Buyer's Agent

Jay Martinez

Luxe Real Estate Group License #BR107652000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $988

Year Built

  • Built in 1950

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 2 Open Parking Spaces
  • 5 Parking Spaces
  • Carport

Schools

  • Creighton Elementary School
  • Camelback High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 53
  • Assessor Parcel Number 120-21-099-M

Community Details

Overview

  • 3 Units
  • Building Dimensions are 7255
  • Rhoades Park Subdivision

Building Details

  • Operating Expense $988
  • Gross Income $32,887

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$988

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: 32nd St & McDowell Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1950
  • Tax Year: 2023
  • Directions: Head north on 32nd St, Turn left onto Monte Vista Rd, Turn left onto 31st St, Turn left. Property will be on the left.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: cril02
  • Co List Office Phone: 602-889-2135
  • Subdivision Name: RHOADES PARK
  • Tax Parcel Letter: M
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: 1 Space/Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes

Schools

  • Elementary School: Creighton Elementary School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Creighton Elementary School

Lot Info

  • Lot Size: 7255
  • Additional Parcels: No
  • Parcel #: 120-21-099-M

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Annual Gross Income: 32887.4
  • Annual Operating Expense: 988.0
  • Vacancy Allowance Rate: 0.06

Tax Info

  • Tax Annual Amount: 988.0
  • Tax Book Number: 120.00
  • Tax Lot: 53

Map

Range of Values:

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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
03/07/2025 03/07/25 Sold $465,000 -6.1% $886 / Sq Ft
08/31/2024 08/31/24 For Sale $495,000 +890.0% $943 / Sq Ft
07/31/2012 07/31/12 Sold $50,000 -12.1% $95 / Sq Ft
07/03/2012 07/03/12 Pending -- -- --
06/06/2012 06/06/12 For Sale $56,900 -- $108 / 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 $1,000 $7,692 -- --
2024 $988 $7,326 -- --
2023 $988 $29,610 $5,920 $23,690
2022 $950 $22,780 $4,550 $18,230
2021 $973 $22,410 $4,480 $17,930
2020 $949 $15,830 $3,160 $12,670
2019 $942 $12,820 $2,560 $10,260
2018 $923 $10,550 $2,110 $8,440
2017 $887 $10,220 $2,040 $8,180
2016 $853 $8,400 $1,680 $6,720
2015 $794 $5,820 $1,160 $4,660
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $147,900 New Conventional
Previous Owner $20,500 Unknown
Previous Owner $138,750 New Conventional
Previous Owner $137,365 FHA
Previous Owner $32,000 Seller Take Back
Previous Owner $47,757 FHA
Previous Owner $25,000 Purchase Money Mortgage
Previous Owner $164,000 New Conventional
Previous Owner $225,000 Commercial
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $465,000 Wfg National Title Insurance C
Warranty Deed $267,000 Old Republic Title Agency
Warranty Deed $185,000 Clear Title Agency Of Arizon
Warranty Deed $139,900 Empire West Title Agency
Cash Sale Deed $50,000 Security Title Agency
Warranty Deed $40,000 Security Title Agency
Special Warranty Deed -- Security Title Agency
Special Warranty Deed -- None Available
Warranty Deed $49,000 Guaranty Title Agency
Special Warranty Deed $49,900 Chicago Title
Quit Claim Deed -- None Available
Trustee Deed $49,200 Accommodation
Warranty Deed $205,000 Fidelity National Title
Warranty Deed $205,000 Fidelity National Title
Warranty Deed $282,500 Arizona Title Agency Inc
Source: Public Records

About the Listing Agent

Jason Pyle

HomeSmart

(623) 297-3269

Section Image

Jason R. Pyle is a native Arizonian born and raised right here in Phoenix, Arizona. Jason has been in homebuilding and real estate, combined for over 27 years. Starting as a framer out of high school, framing homes for seven years and becoming a supervisor his last two years of his career as a framer, running up to sixteen guys and building two homes at a time while leading two separate crews. He then was offered a job as an assistant superintendent with KBHOME in Scottsdale, Arizona. Seeing

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6751338

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-21-099M