709 E Hazel Dr Phoenix, AZ 85042
South Mountain NeighborhoodEstimated payment $4,018/month
Highlights
- Cooling Available
- Ceramic Tile Flooring
- Heat Pump System
- Phoenix Coding Academy Rated A
About This Home
The property is of wood-frame construction which was built in 1985 and features (4) 2-bedroom / 1-bathroom units that are approximately 822 square feet each. Additionally, all units feature in-suite washer / dryer hookups, tile floors throughout, white kitchen appliance package, front patios, and more. Positioned just minutes from South Mountain Park, the Baseline Corridor, and Downtown Phoenix, this location offers a balance of outdoor recreation, shopping, and urban convenience that tenants are sure to appreciate. The offering presents a prime investment opportunity for those seeking stable cash flow and long-term appreciation.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,672
Year Built
- Built in 1985
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
Utilities
- Cooling Available
- Heat Pump System
- Individual Controls for Heating
Additional Features
- Ceramic Tile Flooring
- Additional Parcels
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number 300-76-061
Community Details
Overview
- 4 Units
- Building Dimensions are 64ft x 135ft
- Jayma Park Estates Subdivision
Building Details
- Operating Expense $1,672
- Gross Income $60,386
- Net Operating Income $44,100
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 | $1,672 | $11,382 | -- | -- |
| 2024 | $1,624 | $10,840 | -- | -- |
| 2023 | $1,624 | $43,260 | $8,650 | $34,610 |
| 2022 | $1,592 | $27,760 | $5,550 | $22,210 |
| 2021 | $1,624 | $25,030 | $5,000 | $20,030 |
| 2020 | $1,604 | $20,570 | $4,110 | $16,460 |
| 2019 | $1,552 | $19,500 | $3,900 | $15,600 |
| 2018 | $1,510 | $15,980 | $3,190 | $12,790 |
| 2017 | $1,440 | $11,770 | $2,350 | $9,420 |
| 2016 | $1,369 | $12,210 | $2,440 | $9,770 |
| 2015 | $1,289 | $9,510 | $1,900 | $7,610 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/17/2025 03/17/25 | For Sale | $695,000 | +164.9% | -- |
| 07/31/2017 07/31/17 | Sold | $262,350 | -4.6% | $80 / Sq Ft |
| 07/11/2017 07/11/17 | Pending | -- | -- | -- |
| 06/07/2017 06/07/17 | For Sale | $275,000 | -- | $84 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Amrock Inc | |
| Warranty Deed | $262,350 | Chicago Title Agency Inc | |
| Special Warranty Deed | -- | Chicago Title Agency Inc | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Grand Canyon Title Agency | |
| Warranty Deed | $130,000 | Grand Canyon Title Agency | |
| Quit Claim Deed | -- | None Available | |
| Cash Sale Deed | $70,000 | Stewart Title & Trust Of Pho | |
| Trustee Deed | $311,890 | First American Title | |
| Interfamily Deed Transfer | -- | Old Republic Title Agency | |
| Warranty Deed | $131,000 | Old Republic Title Agency | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $206,000 | New Conventional | |
| Closed | $222,997 | Purchase Money Mortgage | |
| Previous Owner | $97,500 | New Conventional | |
| Previous Owner | $280,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $143,500 | Unknown | |
| Previous Owner | $41,000 | Stand Alone Second |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6836703
APN: 300-76-061
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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