3616 N 12th St Phoenix, AZ 85014
Estimated payment $16,879/month
Highlights
- Cooling Available
- Vinyl Flooring
- Heating System Uses Natural Gas
- Phoenix Coding Academy Rated A
About This Home
Welcome to an extraordinary investment prospect located near the Phoenix Country Club and Biltmore area. Built in 2021, this modern 4-unit townhome property offers 4 beds, 3.5 baths, and spans 2200 sq ft, providing spacious living accommodations. Nestled in a prime location, this property is designed to cater to tenants who appreciate both convenience and luxury. Each townhome showcases a stylish design, enhanced by high-end finishes and amenities, promising an upscale living experience. Furthermore, the rooftop patios offer breathtaking views of the city and mountains, adding to the allure. With all units currently occupied, this property assures a prompt and consistent income stream for the discerning investor. Seller is a licensed Realtor in the state of AZ and related to the agent.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,359
Year Built
- Built in 2021
Home Design
- Block Exterior
- Stucco
Flooring
- Vinyl Flooring
Parking
- 4 Open Parking Spaces
- 6 Parking Spaces
- 2 Covered Spaces
Schools
- Longview Elementary School
- Osborn Middle School
- North High School
Utilities
- Cooling Available
- Heating System Uses Natural Gas
Listing and Financial Details
- Tax Lot KK
- Assessor Parcel Number 118-17-049
Community Details
Overview
- 4 Buildings
- 4 Units
- Building Dimensions are 161.21x78.86
Building Details
- Operating Expense $24,116
- Gross Income $179,711
- Net Operating Income $170,749
Map
Home Values in the Area
Average Home Value in this Area
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 | $18,359 | $146,299 | -- | -- |
| 2024 | $7,056 | $139,332 | -- | -- |
| 2023 | $7,056 | $92,620 | $29,240 | $63,380 |
| 2022 | $2,016 | $31,290 | $31,290 | $0 |
| 2021 | $2,051 | $31,185 | $31,185 | $0 |
| 2020 | $1,999 | $27,840 | $27,840 | $0 |
| 2019 | $1,912 | $20,460 | $20,460 | $0 |
| 2018 | $1,388 | $15,060 | $3,010 | $12,050 |
| 2017 | $1,274 | $11,180 | $2,230 | $8,950 |
| 2016 | $613 | $8,650 | $1,730 | $6,920 |
| 2015 | $571 | $7,300 | $1,460 | $5,840 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/27/2025 03/27/25 | For Sale | $2,750,000 | -- | -- |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,825,000 | Wfg National Title Insurance C | |
| Warranty Deed | -- | Empire West Title Agency Llc | |
| Warranty Deed | $621,000 | Empire West Title Agency Llc | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $145,000 | Pioneer Title Agency Inc | |
| Warranty Deed | -- | None Available | |
| Trustee Deed | $120,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,425,000 | New Conventional | |
| Previous Owner | $496,800 | Construction | |
| Previous Owner | $500,000 | Commercial | |
| Previous Owner | $100,000 | Commercial | |
| Previous Owner | $200,000 | Purchase Money Mortgage | |
| Previous Owner | $67,000 | Unknown | |
| Previous Owner | $126,015 | Unknown | |
| Previous Owner | $120,300 | Unknown | |
| Previous Owner | $116,000 | Credit Line Revolving |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6842077
APN: 118-17-049
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
- 3601 N 12th St
- 1115 E Whitton Ave
- 3551 N 12th St Unit 104
- 3422 N 12th Place
- 1212 E Indianola Ave
- 1026 E Clarendon Ave
- 1024 E Mitchell Dr
- 1040 E Osborn Rd Unit 1801
- 1040 E Osborn Rd Unit 203
- 1040 E Osborn Rd Unit 404
- 1040 E Osborn Rd Unit 1004
- 1040 E Osborn Rd Unit 1201
- 1040 E Osborn Rd Unit 1901
- 1040 E Osborn Rd Unit 1902
- 1040 E Osborn Rd Unit 302
- 1006 E Osborn Rd Unit C
- 4050 N 12th St
- 4050 N 12th St Unit 7
- 4050 N 12th St Unit 6
- 4050 N 12th St Unit 5