$499,000
SOLD NOV 21, 2024

3516 W Vernon Ave Unit 3 Phoenix, AZ 85009

Maryvale Neighborhood
-- Bed
-- Bath
1,820 Sq Ft
7,754 Sq Ft Lot

Recently Sold

$274 Per Sq Ft

9% Below List Price

73 Days on Market

Highlights

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

About This Home

As of November 2024

This Tri-plex is currently fully occupied and consists of 2 (1 bed /1 bath) units and 1 (2 bed/ 1 bath) unit. Each individual unit features a private rear patio for tenants to enjoy. This well kept property could make for a great investment opportunity! Owner/ agent

Last Agent to Sell the Property

Kevin McGowin

Go Win Property Management License #BR687250000

Last Buyer's Agent

Michael Escobedo

Jason Mitchell Real Estate License #SA662612000

Jason Mitchell Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,247

Year Built

  • Built in 1958

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • On-Street Parking

Additional Features

  • Ceiling Fan
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 6
  • Assessor Parcel Number 108-14-031

Community Details

Overview

  • 3 Units
  • Building Dimensions are 7,756 sq ft.
  • Fairfield Subdivision

Building Details

  • Operating Expense $1,247
  • Gross Income $35,853

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,247

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: From 35th Ave: Head west on W. Vernon
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R1-6
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1958
  • Tax Year: 2023
  • Directions: 35th Ave south of Thomas Directions: From 35th Ave: Head west on W. Vernon. Property on the north side of street
  • Road Surface Type: Asphalt
  • Subdivision Name: FAIRFIELD
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: <1 Space Per Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Street Parking: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Other

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 7,756 sq ft.
  • Additional Parcels: No
  • Parcel #: 108-14-031

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 3
  • Annual Gross Income: 35853.0
  • Annual Operating Expense: 1247.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1247.0
  • Tax Book Number: 108.00
  • Tax Lot: 6

Map

Range of Values:

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Average Value
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List Price
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
11/21/2024 11/21/24 Sold $499,000 0.0% $274 / Sq Ft
10/23/2024 10/23/24 Price Changed $499,000 -2.2% $274 / Sq Ft
10/21/2024 10/21/24 Price Changed $510,000 -0.5% $280 / Sq Ft
10/17/2024 10/17/24 Price Changed $512,500 -1.9% $282 / Sq Ft
10/15/2024 10/15/24 Price Changed $522,500 -0.5% $287 / Sq Ft
10/05/2024 10/05/24 Price Changed $525,000 -1.4% $288 / Sq Ft
09/30/2024 09/30/24 Price Changed $532,500 -0.5% $293 / Sq Ft
09/17/2024 09/17/24 Price Changed $535,000 -0.9% $294 / Sq Ft
09/09/2024 09/09/24 Price Changed $540,000 -0.9% $297 / Sq Ft
08/26/2024 08/26/24 Price Changed $545,000 -0.9% $299 / Sq Ft
08/14/2024 08/14/24 For Sale $550,000 +31.6% $302 / Sq Ft
06/28/2024 06/28/24 Sold $418,000 -3.9% $230 / Sq Ft
06/21/2024 06/21/24 Price Changed $435,000 +222.2% $239 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
01/16/2015 01/16/15 Sold $135,000 0.0% $74 / Sq Ft
12/18/2014 12/18/14 Pending -- -- --
12/03/2014 12/03/14 For Sale $135,000 +73.1% $74 / Sq Ft
04/19/2013 04/19/13 Sold $78,000 +73.3% $43 / Sq Ft
11/28/2012 11/28/12 Pending -- -- --
11/28/2012 11/28/12 For Sale $45,000 -- $25 / 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 $1,279 $7,808 -- --
2024 $1,247 $7,436 -- --
2023 $1,247 $30,260 $6,050 $24,210
2022 $1,151 $20,130 $4,020 $16,110
2021 $1,134 $18,150 $3,630 $14,520
2020 $1,112 $15,630 $3,120 $12,510
2019 $1,091 $10,620 $2,120 $8,500
2018 $1,112 $8,780 $1,750 $7,030
2017 $1,065 $8,770 $1,750 $7,020
2016 $1,032 $7,300 $1,460 $5,840
2015 $950 $7,100 $1,420 $5,680
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $374,250 New Conventional
Closed $374,250 New Conventional
Previous Owner $294,000 New Conventional
Previous Owner $101,250 New Conventional
Previous Owner $168,000 Fannie Mae Freddie Mac
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $499,000 Sunbelt Title Agency
Warranty Deed $499,000 Sunbelt Title Agency
Warranty Deed $418,000 First Integrity Title Agency O
Warranty Deed -- None Available
Interfamily Deed Transfer -- Security Title Agency
Warranty Deed $135,000 Security Title Agency
Warranty Deed -- None Available
Warranty Deed -- Accommodation
Warranty Deed -- Accommodation
Interfamily Deed Transfer -- American Title Service Agenc
Quit Claim Deed -- American Title Service Agenc
Cash Sale Deed $78,000 American Title Service Agenc
Quit Claim Deed -- Accommodation
Interfamily Deed Transfer -- Security Title Agency Inc
Warranty Deed -- Security Title Agency Inc
Cash Sale Deed $150,000 Security Title Agency Inc
Interfamily Deed Transfer -- --
Cash Sale Deed $75,000 Equity Title Agency Inc
Warranty Deed -- Stewart Title & Tr Of Phoeni
Interfamily Deed Transfer -- --
Cash Sale Deed $66,000 Security Title Agency
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6743554

Arizona Regional Multiple Listing Service (ARMLS)

APN: 108-14-031