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Sold for $697,000
    • $697,000

    2324 W LONE CACTUS Drive #101, Phoenix, AZ 85027

    2beds
    1baths
    3,472sqft
    Multi Family
    Built in 2004
    -- sqft lot
    $697,000 Zestimate®
    $201/sqft
    $1,157 Estimated rent

    Home value

    $697,000

    $641,000 - $760,000

    $1,157/mo

    Zestimate® history
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    What's special

    Ample parkingGreat unit layouts
    Hard to find trifecta for this 4plex! 2004 construction, Deer Valley location; & all big 2-bedroom units. 6.62 CAP +/- based on the 2025 P&L. Only $202/sf. FULL PRICE OFFERS ONLY CONSIDERED. No HOA. Fully stabilized with historically strong occupancy. There are many amenities with the complex, including in-suite washer/dryer units, dishwashers, storage units, ample parking, & great unit layouts. Well-maintained & managed. Deer Valley is a diverse village bordering Peoria & the Loop 101. Close to the Cave Buttes, Moon Valley, & the Adobe Dam Regional Park, as well as many businesses. This location provides a rich tenant-base & convenience. Please do not disturb the tenants.

    Zillow last checked:

    Listing updated:

    Listed by:

    James C Stephens 602-672-3526,

    Better Homes & Gardens Real Estate SJ Fowler

    Bought with:

    Sean Rawlins, SA685490000

    Prestige Realty

    Source: ARMLS,MLS#: 6969622MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Heating
    • Heat Pump, Electric
    Cooling
    • Electric, Heat Pump
    Appliances
    • Included: Disposal, Dishwasher, Refrigerator, See Remarks, Built-In Electric Oven, Washer/Dryer
    Features
    • Flooring: Other, Carpet, Vinyl, Concrete
    Interior area
    • Total structure area: 3,472
    • Total interior livable area: 3,472 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: See Remarks, Paved, Free, >1 Space Per Unit
    • Uncovered spaces: 8
    Details
    • Parcel number: 20907114
    • Zoning: R-5

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Painted, Stucco
    • Roof: Composition
    Condition
    • Year built: 2004

    Utilities & green energy

    • Electric: APS, Individual Meter
    • Sewer: Public Sewer
    • Water: Master Meter, City Franchise
    • Utilities for property: Sewer Connected

    Community & HOA

    Community
    • Features: Other, See Remarks
    • Security: Security Lights
    • Subdivision: LONE CACTUS APARTMENTS
    Location
    • Region: Phoenix

    Financial & listing details

    • Price per square foot: $201/sqft
    • Tax assessed value: $583,100
    • Annual tax amount: $1,298
    • Date on market: 1/22/2026
    • Cumulative days on market: 119 days
    • Listing terms: No Carry,Conventional
    • Ownership: Fee Simple
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    5/22/2026Sold$697,000-0.4%$201/sqft
    Source: ARMLS #6969622 Report a problem
    5/15/2026Pending sale$699,900$202/sqft
    Source: ARMLS #6969622 Report a problem
    4/27/2026Price change$699,900-6.7%$202/sqft
    Source: ARMLS #6969622 Report a problem
    4/1/2026Price change$749,900-1.3%$216/sqft
    Source: ARMLS #6969622 Report a problem
    3/12/2026Price change$759,900-0.7%$219/sqft
    Source: ARMLS #6969622 Report a problem
    1/16/2026Listed for sale$765,000-1.9%$220/sqft
    Source: ARMLS #6969622 Report a problem
    9/16/2025Listing removed$780,000$225/sqft
    Source: ARMLS #6847813 Report a problem
    8/25/2025Price change$780,000-0.6%$225/sqft
    Source: ARMLS #6847813 Report a problem
    8/5/2025Price change$785,000-0.6%$226/sqft
    Source: ARMLS #6847813 Report a problem
    7/28/2025Price change$790,000-0.9%$228/sqft
    Source: ARMLS #6847813 Report a problem
    7/21/2025Price change$797,000-0.3%$230/sqft
    Source: ARMLS #6847813 Report a problem
    7/17/2025Price change$799,000-3.2%$230/sqft
    Source: ARMLS #6847813 Report a problem
    7/14/2025Price change$825,000-0.6%$238/sqft
    Source: ARMLS #6847813 Report a problem
    6/30/2025Price change$830,000-1.2%$239/sqft
    Source: ARMLS #6847813 Report a problem
    6/26/2025Price change$840,000-0.6%$242/sqft
    Source: ARMLS #6847813 Report a problem
    6/3/2025Price change$845,000-0.6%$243/sqft
    Source: ARMLS #6847813 Report a problem
    5/28/2025Price change$850,000-0.6%$245/sqft
    Source: ARMLS #6847813 Report a problem
    5/20/2025Price change$855,000-1.2%$246/sqft
    Source: ARMLS #6847813 Report a problem
    4/8/2025Listed for sale$865,000+421.1%$249/sqft
    Source: ARMLS #6847813 Report a problem
    6/9/2016Listing removed$650+9.2%
    Source: All County Prestige Property management - Property # 205644 Report a problem
    7/2/2014Listing removed$595
    Source: All County Property Management Report a problem
    6/14/2014Listed for rent$595
    Source: All County Property Management Report a problem
    4/8/2014Listing removed$595
    Source: Zillow Rental Network Report a problem
    1/1/2014Listed for rent$595
    Source: Zillow Rental Network Report a problem
    7/30/2009Sold$165,997-52.8%$48/sqft
    Source: ARMLS #4094406 Report a problem
    9/22/2008Sold$351,534-16.3%$101/sqft
    Source: Public Record Report a problem
    4/19/2007Sold$420,000$121/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,275 +1.3%$58,310 +9%
    2024$1,259 +1.5%$53,510 +366.1%
    2023$1,240 +1.8%$11,480 -56.4%
    2022$1,219 -0.9%$26,360 +9.8%
    2021$1,229 +3%$24,000 +19.9%
    2020$1,194 +3.2%$20,010 +10.9%
    2019$1,156 $18,050 +6.7%
    2018$1,156 +3.4%$16,920 +4.6%
    2017$1,119 +17.6%$16,170 +9.2%
    2016$951 -9.5%$14,810 +2.5%
    2015$1,051 $14,450 +23.9%
    2014-- $11,660 +95%
    2013-- $5,980 -28.3%
    2012-- $8,340 -6.8%
    2011-- $8,950 -14.4%
    2010-- $10,450 -45.2%
    2009-- $19,070
    Find assessor info on the county website

    Neighborhood: Deer Valley

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Deer Valley Unified 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
    $697,000
    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
    $697,000

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