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Sold for $503,000
    • $503,000

    2547 E MARGUERITE Avenue, Phoenix, AZ 85040

    6beds
    3baths
    1,984sqft
    Multi Family
    Built in 1985
    -- sqft lot
    $467,400 Zestimate®
    $254/sqft
    $1,744 Estimated rent

    Home value

    $467,400

    $435,000 - $500,000

    $1,744/mo

    Zestimate® history
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    $2,937/mo

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    What's special

    Large paved parking areaBlock perimeter privacy wall
    Clean Tri-plex with solid rental history. 3 Residential rental units, one 1X1 one 2x1 and one 3X1. Property has block perimeter privacy wall with gated access from front and rear. Floor plans are open and have individual HVAC units and IN-UNIT washers & dryers. Large paved parking area.

    Zillow last checked:

    Listing updated:

    Listed by:

    Rich E Kort 602-316-5273,

    Good Oak Real Estate

    Bought with:

    Stephen Phelps, SA698470000

    Real Broker

    Source: ARMLS,MLS#: 6578457MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    Heating
    • Electric
    Cooling
    • Ceiling Fan(s), Electric, Heat Pump, Individual
    Appliances
    • Included: Free-Standing Range, Refrigerator, Washer/Dryer
    Features
    • Flooring: Carpet, Ceramic Tile
    Interior area
    • Total structure area: 1,984
    • Total interior livable area: 1,984 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Paved, >1 Space Per Unit
    • Uncovered spaces: 6
    Details
    • Parcel number: 12257068A
    • Zoning: Multifamily R-

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Painted, Stucco
    • Roof: Composition
    Condition
    • Year built: 1985

    Utilities & green energy

    • Electric: SRP
    • Sewer: Public Sewer
    • Water: City Franchise

    Community & HOA

    Community
    • Features: No Pool
    • Subdivision: BROADWAY ESTATES
    Location
    • Region: Phoenix

    Financial & listing details

    • Price per square foot: $254/sqft
    • Tax assessed value: $365,300
    • Annual tax amount: $579
    • Date on market: 9/25/2025
    • Cumulative days on market: 58 days
    • Listing terms: Conventional
    • Ownership: Fee Simple
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    1/19/2024Sold$503,000+0.6%$254/sqft
    Source: ARMLS #6578457 Report a problem
    12/6/2023Pending sale$500,000$252/sqft
    Source: ARMLS #6578457 Report a problem
    12/6/2023Listed for sale$500,000$252/sqft
    Source: ARMLS #6578457 Report a problem
    10/27/2023Pending sale$500,000$252/sqft
    Source: ARMLS #6578457 Report a problem
    10/13/2023Price change$500,000-2.9%$252/sqft
    Source: ARMLS #6578457 Report a problem
    10/5/2023Listed for sale$515,000$260/sqft
    Source: ARMLS #6578457 Report a problem
    8/17/2023Pending sale$515,000$260/sqft
    Source: ARMLS #6578457 Report a problem
    8/10/2023Listed for sale$515,000$260/sqft
    Source: ARMLS #6578457 Report a problem
    8/5/2023Pending sale$515,000$260/sqft
    Source: ARMLS #6578457 Report a problem
    8/3/2023Price change$515,000-2.8%$260/sqft
    Source: ARMLS #6578457 Report a problem
    7/10/2023Listed for sale$530,000+76.7%$267/sqft
    Source: ARMLS #6578457 Report a problem
    4/21/2020Sold$300,000+180.6%$151/sqft
    Source: ARMLS #6049604 Report a problem
    6/29/2018Listing removed$575
    Source: Valleyking Properties Report a problem
    6/26/2018Listed for rent$575-14.8%
    Source: Valleyking Properties Report a problem
    2/9/2018Listing removed$675
    Source: Valleyking Properties Report a problem
    2/5/2018Listed for rent$675
    Source: Valleyking Properties Report a problem
    12/4/2014Sold$106,904+14.2%$54/sqft
    Source: Public Record Report a problem
    7/10/2014Listing removed--
    Source: Auction.com Report a problem
    7/9/2014Price change$93,606+0.9%$47/sqft
    Source: Auction.com Report a problem
    6/12/2014Price change$92,738+3.2%$47/sqft
    Source: Auction.com Report a problem
    6/11/2014Price change$89,900-3.1%$45/sqft
    Source: Homepath #5112415 Report a problem
    6/10/2014Price change$92,738+3.2%$47/sqft
    Source: Auction.com Report a problem
    5/22/2014Price change$89,900-3.1%$45/sqft
    Source: Homepath #5112415 Report a problem
    5/12/2014Price change$92,738+3.2%$47/sqft
    Source: Auction.com Report a problem
    5/9/2014Price change$89,900-3.1%$45/sqft
    Source: Realty Central, LLC #5112415 Report a problem
    4/11/2014Price change$92,738+3.2%$47/sqft
    Source: Auction.com Report a problem
    1/11/2014Price change$89,900-7.8%$45/sqft
    Source: Homepath #5013711 Report a problem
    11/23/2013Listed for sale$97,500$49/sqft
    Source: Homepath #5013711 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$624 +2.6%$36,530 +1.3%
    2024$608 +2.9%$36,050 +860.3%
    2023$591 +2%$3,754 -81.7%
    2022$579 -0.8%$20,550 +21.4%
    2021$583 +3.3%$16,930 +23.3%
    2020$565 +2.8%$13,730 +1.3%
    2019$549 $13,550 +36%
    2018$549 +4.9%$9,960 +36.4%
    2017$524 +11.7%$7,300 +37.2%
    2016$469 -3.5%$5,320 +17.4%
    2015$485 $4,530 +35.2%
    2014-- $3,350 +58.8%
    2013-- $2,110 -18.5%
    2012-- $2,590 -18.8%
    2011-- $3,190 -55.4%
    2010-- $7,160 -40.8%
    2009-- $12,100 +4.3%
    2008-- $11,600 -35.8%
    2007-- $18,080 +33%
    2006-- $13,590
    2005-- $13,590 +189.1%
    2004-- $4,700
    2003-- $4,700 +8%
    2002-- $4,350
    Find assessor info on the county website

    Neighborhood: South Mountain

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Roosevelt 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
    $467,400
    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
    $467,400

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