$675,000
SOLD OCT 18, 2024

844 W Osborn Rd Phoenix, AZ 85013

Campus Vista Neighborhood
-- Bed
-- Bath
1,100 Sq Ft
0.32 Acres

Recently Sold

$614 Per Sq Ft

16% Below List Price

35 Days on Market

Highlights

  • Evaporated cooling system
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of October 2024

844 W Osborn Rd is a 4-unit multifamily community located in the Midtown Phoenix Submarket. Built in 1952, the property consists of (3) large 2 bedroom units, and (1) one bedroom unit averaging 871 sq. ft. Each of the units features classic interiors, which makes this an exceptional value-add opportunity. The asset also sits in close proximity to Downtown Phoenix, major employment centers, and popular dining and entertainment options. This is the ideal value-add opportunity for an investor looking to renovate and capitalize on significant upside potential.

Last Agent to Sell the Property

Brad Skenderian

Matthews Real Estate Investment Services License #SA692958000

Last Buyer's Agent

Luis Espinoza

Gile Commercial Real Estate License #SA663217000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,983

Year Built

  • Built in 1952

Home Design

  • Brick Exterior Construction
  • Composition Roof

Parking

  • 8 Open Parking Spaces
  • 12 Parking Spaces
  • 4 Covered Spaces

Schools

  • Encanto Elementary School
  • Osborn Middle School
  • Central High School

Utilities

  • Evaporated cooling system
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 10
  • Assessor Parcel Number 110-13-140

Community Details

Overview

  • 4 Units
  • Building Dimensions are 14046
  • North Park Central Unit 4 Subdivision

Building Details

  • Operating Expense $1,983
  • Gross Income $68,780
  • Net Operating Income $51,780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,983

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Cross Street: 7th Ave and Indian School
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1952
  • Tax Year: 2023
  • Road Surface Type: Asphalt
  • Subdivision Name: NORTH PARK CENTRAL UNIT 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Other (See Remarks)
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Brick Veneer, Slump Block
  • Roof: Composition
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Other (See Remarks)
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 12.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Other (See Remarks), SRP
  • Cooling: Other, Evaporative Cooling
  • Heating: Other, See Remarks, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Schools

  • Elementary School: Encanto School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Lot Size: 14046
  • Additional Parcels: No
  • Parcel #: 110-13-140

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 4
  • Annual Gross Income: 68780.0
  • Property Net Operating Income: 51780.0
  • Annual Operating Expense: 1983.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1983.0
  • Tax Book Number: 110.00
  • Tax Lot: 10

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
10/18/2024 10/18/24 Sold $675,000 -10.0% $614 / Sq Ft
10/02/2024 10/02/24 Pending -- -- --
09/19/2024 09/19/24 Price Changed $750,000 -6.3% $682 / Sq Ft
08/28/2024 08/28/24 For Sale $800,000 -- $727 / 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 $2,052 $16,355 -- --
2024 $1,983 $15,576 -- --
2023 $1,983 $67,510 $13,500 $54,010
2022 $1,972 $46,170 $9,230 $36,940
2021 $2,005 $39,450 $7,890 $31,560
2020 $1,954 $32,160 $6,430 $25,730
2019 $1,870 $27,160 $5,430 $21,730
2018 $1,808 $23,270 $4,650 $18,620
2017 $1,660 $19,570 $3,910 $15,660
2016 $1,601 $17,380 $3,470 $13,910
2015 $1,488 $15,570 $3,110 $12,460
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $580,000 New Conventional
Previous Owner $196,000 New Conventional
Previous Owner $73,500 New Conventional
Previous Owner $58,300 Credit Line Revolving
Previous Owner $252,000 New Conventional
Previous Owner $232,750 Unknown
Previous Owner $123,250 New Conventional
Previous Owner $116,000 New Conventional
Previous Owner $60,000 New Conventional
Closed $35,000 No Value Available
Closed $21,750 No Value Available
Closed $29,000 No Value Available
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed -- Empire Title Agency
Warranty Deed $675,000 Empire Title Agency
Special Warranty Deed $105,000 Stewart Title & Trust Of Pho
Trustee Deed $270,217 First American Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Camelback Title Agency Llc
Interfamily Deed Transfer -- Camelback Title Agency Llc
Interfamily Deed Transfer -- Chicago Title Insurance Co
Warranty Deed $336,000 Chicago Title Insurance Co
Warranty Deed -- Tsa Title Agency
Warranty Deed $145,000 Fidelity National Title
Warranty Deed $145,000 Fidelity National Title
Warranty Deed $110,000 Ati Title Agency
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6749445

Arizona Regional Multiple Listing Service (ARMLS)

APN: 110-13-140

Arizona Maricopa County Phoenix 85013 Campus Vista

844 W Osborn Rd, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 844 W Osborn Rd, Phoenix, AZ 85013 and is currently priced at $675,000, approximately $613 per square foot. This property was built in 1952. 844 W Osborn Rd is a home located in Maricopa County with nearby schools including Clarendon Elementary School, Encanto Elementary School, and Osborn Middle School.

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.

Arizona Regional Multiple Listing Service (ARMLS) 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