2934 W Polk St, Phoenix, AZ 85009

0beds

--baths

800sqft

Apartment

Built in 1970

-- sqft lot

$-- Zestimate^®

$784/sqft

$-- HOA

Overview

Just reduced for Quick sale...TURNKEY, REHABBED 10 unit property in an excellent rental area on nearly 3/4 acres and 2 Parcels. Most units have been rehabbed, ceramic tile floors and assigned covered parking. (2) One Bedroom/One Bath and (8) Two Bedroom/One Bath Units. All individually metered for electricity. Great freeway access to the I-10 and I-17 and nearby Van Buren has lots of shops, grocery and restaurants. This property Is currently bringing in total rents of $56,000 Gross income Then after projected expenses of $26,474 the amount an investor would pocket is approx $30,000 per year based on pro forma. This is over 11%% CAP Rate.NOTICE***** slide show and video in this listing (cut and paste the link into your browser)

367 days
7
0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 0

Interior area

Total interior livable area: 800 sqft

Property

Features

Exterior features: Other

Lot

Size: 0.34 Acres

Details

Parcel number: 10926043

Construction

Type & style

Home type: Apartment

Materials

steel
Roof: Composition

Condition

Year built: 1970

Community & HOA

Location

Region: Phoenix

Financial & listing details

Price per square foot: $784/sqft
Tax assessed value: $627,300
Annual tax amount: $1,217

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Foreclosure details

Estimated market value

Not available

Estimated sales range

Not available

$1,307/mo

Price history

Date	Event	Price
6/14/2022	Sold	$950,000+332%$1,188/sqft
Source: ARMLS #6422574 Report a problem
5/16/2012	Listing removed	$219,900$275/sqft
Source: Mase Realty #4729720 Report a problem
4/24/2012	Price change	$219,900-2.2%$275/sqft
Source: Mase Realty #4729720 Report a problem
4/17/2012	Price change	$224,900-5.9%$281/sqft
Source: Mase Realty #4729720 Report a problem
4/10/2012	Price change	$239,000-4.4%$299/sqft
Source: Mase Realty #4729720 Report a problem
4/5/2012	Price change	$249,900-7.4%$312/sqft
Source: Mase Realty #4729720 Report a problem
3/29/2012	Listed for sale	$269,900+22.7%$337/sqft
Source: Mase Realty #4729720 Report a problem
6/6/2002	Sold	$220,000$275/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,217 -0.8%	$62,730 -0.3%
2024	$1,227 +2.5%	$62,910 +825.8%
2023	$1,197 +4.9%	$6,795 -75.2%
2022	$1,141 +2.2%	$27,410 +13.5%
2021	$1,117 +1.8%	$24,160 +19.2%
2020	$1,097 -0.2%	$20,260 +14.1%
2019	$1,099	$17,750 +9.4%
2018	$1,099 +0.6%	$16,230 +24.3%
2017	$1,093 +11.6%	$13,060 +33.1%
2016	$979 +13.8%	$9,810 +24%
2015	$860	$7,910 +114.9%
2013	--	$3,680 -78.6%
2011	--	$17,174 -24%
2009	--	$22,604 +32.2%
2008	--	$17,102 +29.5%
2007	--	$13,202 +33.9%
2005	--	$9,860