Seller's Agent in 2024
Carter Marks
Orion Investment Real Estate
(623) 238-3923
1 in this area
6 Total Sales
801 S 1st Ave Phoenix, AZ 85003
Central City NeighborhoodEstimated Value: $540,437
--
Bed
3
Baths
1,903
Sq Ft
$284/Sq Ft
Est. Value
Highlights
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- 3-minute walk to Grant Park
- Phoenix Coding Academy Rated A
About This Home
As of June 2024801 S 1st Ave is a triplex situated on a corner lot in Downtown Phoenix. The mix consists of (2) 1bed/1bath and (1) 3bed/1bath units, all separate buildings that are individually metered for electricity and fenced with private yards. Plenty of parking and residents have quick access to attractions like Footprint Center, Chase Field, Roosevelt Row and all of the vibrant restaurants, bars and entertainment spaces Downtown Phoenix has to offer.
This triplex presents a great opportunity for investors looking for a value add opportunity or a short erm rental. Units were recently renovated/modernized by the seller (roof/kitchens/bedrooms/exterior/etc) but a new owner can expand on these to further optimize rents.
Drive by only. Do not disturb tenants.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $554
Year Built
- Built in 1909
Lot Details
- 7,231
Home Design
- Wood Frame Construction
- Composition Roof
- Block Exterior
- Siding
- Stucco
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- On-Street Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
Listing and Financial Details
- Tenant pays for gas, electricity
- Tax Lot 1
- Assessor Parcel Number 112-24-001-C
Community Details
Overview
- 3 Buildings
- 3 Units
- Building Dimensions are 7,250
- Gerigs Sub. Subdivision
Building Details
- Operating Expense $554
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 13, 2024
Closed on
Jun 27, 2024
Sold by
Suncrest Group Llc
Bought by
Yalin Natalia and Yalin Melih
Seller's Agent
Carter Marks
Orion Investment Real Estate
Buyer's Agent
Natalia Yalin
eXp Realty
List Price
$605,000
Sold Price
$550,000
Premium/Discount to List
-$55,000
-9.09%
Total Days on Market
57
Views
27
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,563
Avg. Annual Appreciation
-2.12%
Original Mortgage
$522,500
Outstanding Balance
$518,570
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$21,867
Purchase Details
Listed on
Apr 9, 2019
Closed on
May 8, 2019
Sold by
801 S 1St Ave Llc
Bought by
Sunerest Group Llc
Seller's Agent
Terra Billingsley
HomeSmart
Buyer's Agent
Arron Christopher
HomeSmart Premier
List Price
$179,900
Sold Price
$182,000
Premium/Discount to List
$2,100
1.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.06%
Purchase Details
Listed on
Mar 3, 2017
Closed on
Apr 3, 2017
Sold by
Missouri Realty Llc
Bought by
801 S 1St Ave Llc
Seller's Agent
Frank Bennett Jr
Frank Bennett Realty
Buyer's Agent
Terra Billingsley
HomeSmart
List Price
$130,000
Sold Price
$130,500
Premium/Discount to List
$500
0.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.25%
Purchase Details
Closed on
Feb 11, 2003
Sold by
Mauricio Russell
Bought by
Park Donald
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 5, 2003
Sold by
Park Donald
Bought by
Missouri Realty Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 4, 2003
Sold by
Park Michelle
Bought by
Park Donald
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 25, 2002
Sold by
Mauricio Russell
Bought by
Mauricio Russell
Purchase Details
Closed on
Jul 12, 2002
Sold by
Robles Leonard
Bought by
Mauricio Russell
Purchase Details
Closed on
Apr 26, 2002
Sold by
Chacon Robert
Bought by
Robles Leonard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.08%
Purchase Details
Closed on
Mar 6, 2002
Sold by
Chacon Robert
Bought by
Mauricio Russell
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.08%
Purchase Details
Closed on
Jul 11, 2001
Sold by
Chacon Barbara
Bought by
Chacon Robert
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Yalin Natalia | $550,000 | Wfg National Title Insurance C | |
| Sunerest Group Llc | $182,000 | Chicago Title Agency | |
| 801 S 1St Ave Llc | $130,500 | Grand Canyon Title Agency | |
| Park Donald | $160,000 | Century Title Agency Inc | |
| Missouri Realty Llc | -- | Century Title Agency Inc | |
| Park Donald | -- | Century Title Agency Inc | |
| Mauricio Russell | -- | Century Title Agency Inc | |
| Mauricio Russell | $25,000 | Century Title Agency Inc | |
| Robles Leonard | $25,000 | Century Title Agency Inc | |
| Mauricio Russell | $60,000 | Century Title Agency Inc | |
| Chacon Robert | -- | Century Title Agency Inc | |
| Chacon Robert | $50,000 | Century Title Agency Inc | |
| Martinez Irene | -- | Century Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Yalin Natalia | $45,000 | |
| Open | Yalin Natalia | $522,500 | |
| Previous Owner | Suncrest Group Llc | $245,000 | |
| Previous Owner | Park Donald | $128,000 | |
| Previous Owner | Missouri Realty Llc | $128,000 | |
| Previous Owner | Robles Leonard | $25,000 | |
| Previous Owner | Mauricio Russell | $63,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2024 06/26/24 | Sold | $550,000 | -9.1% | $289 / Sq Ft |
| 06/10/2024 06/10/24 | Pending | -- | -- | -- |
| 05/24/2024 05/24/24 | For Sale | $605,000 | 0.0% | $318 / Sq Ft |
| 04/18/2024 04/18/24 | Pending | -- | -- | -- |
| 04/13/2024 04/13/24 | For Sale | $605,000 | +232.4% | $318 / Sq Ft |
| 05/10/2019 05/10/19 | Sold | $182,000 | +1.2% | $96 / Sq Ft |
| 04/18/2019 04/18/19 | For Sale | $179,900 | 0.0% | $95 / Sq Ft |
| 04/12/2019 04/12/19 | Pending | -- | -- | -- |
| 04/09/2019 04/09/19 | For Sale | $179,900 | +37.9% | $95 / Sq Ft |
| 04/08/2017 04/08/17 | Sold | $130,500 | +0.4% | $69 / Sq Ft |
| 03/06/2017 03/06/17 | Pending | -- | -- | -- |
| 03/03/2017 03/03/17 | For Sale | $130,000 | -- | $68 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $560 | $4,186 | -- | -- |
| 2024 | $554 | $3,987 | -- | -- |
| 2023 | $554 | $24,530 | $4,900 | $19,630 |
| 2022 | $535 | $18,270 | $3,650 | $14,620 |
| 2021 | $531 | $14,330 | $2,860 | $11,470 |
| 2020 | $537 | $11,310 | $2,260 | $9,050 |
| 2019 | $536 | $9,910 | $1,980 | $7,930 |
| 2018 | $527 | $8,350 | $1,670 | $6,680 |
| 2017 | $514 | $6,910 | $1,380 | $5,530 |
| 2016 | $500 | $5,280 | $1,050 | $4,230 |
| 2015 | $462 | $4,930 | $980 | $3,950 |
Source: Public Records
Agents Affiliated with this Home
-
Carter Marks
-
Natalia Yalin
N
Buyer's Agent in 2024
Natalia Yalin
eXp Realty
(888) 897-7821
1 in this area
29 Total Sales
-
Seller's Agent in 2019
Terra Billingsley
HomeSmart
(602) 625-0342
-
Arron Christopher
A
Buyer's Agent in 2019
Arron Christopher
HomeSmart Premier
18 Total Sales
-
A
Buyer's Agent in 2019
Arron Carson
My Home Group Real Estate
-
Frank Bennett Jr
F
Seller's Agent in 2017
Frank Bennett Jr
Frank Bennett Realty
(480) 344-2818
115 Total Sales
Map
Similar Homes in Phoenix, AZ
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6691116
APN: 112-24-001C
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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