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Sold for $795,000
    • $795,000

    1708 E VERDE Lane, Phoenix, AZ 85016

    3beds
    4baths
    4,682sqft
    Multi Family
    Built in 1950
    -- sqft lot
    $784,100 Zestimate®
    $170/sqft
    $2,426 Estimated rent

    Home value

    $784,100

    $714,000 - $863,000

    $2,426/mo

    Zestimate® history
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    $2,426/mo

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    $4,487/mo

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    $4,487/mo

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    What's special

    Bbq facilitiesWell-maintained shared outdoor spaceModern kitchenFire pit
    For investors seeking an IMMEDIATE INCOME generation with no additional investment required! 2024 average occupancy rate 93%. Current Airbnb rating 4.85 out of 5. CAP RATE 9.64%!!! Meticulously RENOVATED 4 unit main house + shed in Central Phoenix! Nestled in one of Phoenix's most DESIRABLE LOCATIONS with immediate access to HWY-51, 2 min drive to Phoenix Children's Hospital, 8 min drive to Biltmore Fashion Park, top-rated dining, and vibrant nightlife. This rental is a top choice of traveling nurses!Each unit is designed to provide guests with comfort and style, ensuring HIGH OCCUPANCY RATES. Every unit features a modern Kitchen, Bath, and separate Private Access. A well-maintained shared outdoor space with seating, hammock, fire pit and BBQ facilities creates an inviting atmosphere for relaxation. Convenient laundry facility w/washer & dryer is available for guest use.

    Zillow last checked:

    Listing updated:

    Listed by:

    Natalia Yalin 858-729-4377,

    eXp Realty

    Bought with:

    Non-Represented Buyer

    Non-MLS Office

    Source: ARMLS,MLS#: 6817836MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    Heating
    • Window/Wall Unit(s), Electric
    Cooling
    • Wall/Window Unit(s), Electric
    Appliances
    • Included: Built-In Range, Dishwasher, Refrigerator, Microwave, Washer/Dryer
    Features
    • Flooring: Carpet, Ceramic Tile
    Interior area
    • Total structure area: 4,682
    • Total interior livable area: 4,682 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Free, On Street
    • Covered spaces: 2
    • Uncovered spaces: 2
    Lot
    • Size: 8,215 sqft
    • Dimensions: 8215
    Details
    • Parcel number: 11933040
    • Zoning: R1-6

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Stucco
    • Roof: Composition
    Condition
    • Year built: 1950

    Utilities & green energy

    • Electric: APS
    • Sewer: Public Sewer
    • Water: See Remarks

    Community & neighborhood

    Community
    • Community features: No Pool
    Location
    • Region: Phoenix
    • Subdivision: GARDENDALE ADD.

    Other

    Other facts
    • Listing terms: No Carry,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    6/16/2025Sold$795,000-11.4%$170/sqft
    Source: ARMLS #6817836 Report a problem
    3/17/2025Listed for sale$897,000$192/sqft
    Source: ARMLS #6817836 Report a problem
    3/17/2025Listing removed$897,000$192/sqft
    Source: ARMLS #6746455 Report a problem
    2/27/2025Pending sale$897,000$192/sqft
    Source: ARMLS #6746455 Report a problem
    2/26/2025Price change$897,000+0.2%$192/sqft
    Source: ARMLS #6746455 Report a problem
    2/25/2025Pending sale$895,000-0.2%$191/sqft
    Source: ARMLS #6746455 Report a problem
    2/25/2025Listing removed$897,000$192/sqft
    Source: ARMLS #6817836 Report a problem
    2/24/2025Pending sale$897,000$192/sqft
    Source: ARMLS #6817836 Report a problem
    2/12/2025Listed for sale$897,000+0.2%$192/sqft
    Source: ARMLS #6817836 Report a problem
    2/8/2025Listing removed$895,000$191/sqft
    Source: ARMLS #6746455 Report a problem
    11/20/2024Listed for sale$895,000$191/sqft
    Source: ARMLS #6746455 Report a problem
    11/15/2024Pending sale$895,000$191/sqft
    Source: ARMLS #6746455 Report a problem
    11/15/2024Listed for sale$895,000-0.2%$191/sqft
    Source: ARMLS #6746455 Report a problem
    11/15/2024Listing removed$897,000+0.2%$192/sqft
    Source: ARMLS #6756345 Report a problem
    9/13/2024Price change$895,000-0.2%$191/sqft
    Source: ARMLS #6746455 Report a problem
    8/22/2024Listed for sale$897,000+18.5%$192/sqft
    Source: ARMLS #6746455 Report a problem
    1/23/2024Listing removed$757,000+18.3%$162/sqft
    Source: ARMLS #6404692 Report a problem
    5/1/2023Sold$640,000-2.9%$137/sqft
    Source: ARMLS #6506250 Report a problem
    4/11/2023Pending sale$659,000$141/sqft
    Source: ARMLS #6506250 Report a problem
    3/17/2023Price change$659,000-0.7%$141/sqft
    Source: ARMLS #6506250 Report a problem
    3/13/2023Price change$663,900-0.2%$142/sqft
    Source: ARMLS #6506250 Report a problem
    3/2/2023Price change$665,299-0.3%$142/sqft
    Source: ARMLS #6506250 Report a problem
    2/22/2023Price change$667,2000%$143/sqft
    Source: ARMLS #6506250 Report a problem
    2/15/2023Price change$667,500-1%$143/sqft
    Source: ARMLS #6506250 Report a problem
    2/3/2023Listed for sale$674,000+157.3%$144/sqft
    Source: ARMLS #6506250 Report a problem
    2/25/2022Sold$262,000$56/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,541 -8.1%$49,870 -9.4%
    2024$3,854 +14.6%$55,060 +104.8%
    2023$3,364 -8.1%$26,888 -32.8%
    2022$3,660 +252.9%$40,020 +2.7%
    2021$1,037 +1.7%$38,950 +426.4%
    2020$1,019 +10.3%$7,400
    2019$924 $7,400
    2018$924 +11.3%$7,400
    2017$830 +4.1%$7,400
    2016$797 +22.6%$7,400
    2015$650 $7,400
    2014-- $7,400 +22.3%
    2013-- $6,050 -34.1%
    2012-- $9,180 +24.1%
    2011-- $7,400
    2010-- $7,400
    2009-- $7,400
    2008-- $7,400
    2007-- $7,400
    2006-- $7,400
    2005-- $7,400
    2004-- $7,400
    2003-- $7,400
    2002-- $7,400

    Find assessor info on the county website

    Neighborhood: Encanto

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    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Larry C Kennedy School
    • Middle: Larry C Kennedy School
    • High: Camelback High School
    • District: Creighton Elementary District

    Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $784,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $784,100

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