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Sold for $440,000
  • $440,000

    4838 N 87TH Drive, Phoenix, AZ 85037

    4beds
    2baths
    1,839sqft
    Multi Family
    Built in 1980
    -- sqft lot
    $413,500 Zestimate®
    $239/sqft
    $1,781 Estimated rent

    Home value

    $413,500

    $393,000 - $434,000

    $1,781/mo

    Zestimate® history
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    $2,535/mo

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    What's special

    State farm stadiumNew roof
    Sharp single-family home utilized as a 3-Plex or multi-generational 4bed/3 bath home. The primary is a 2 bed 1 bath with two 1 bed/1 bath units. Each w/priv entry, kitchen, bath and living space. Home is well kept with tile and laminate floors, a NEW ROOF, and newer water heater. This home is perfect for those with elderly parents and/or adult children. Another option is for you to live in one of the units and rent out the others covering the mortgage. It would also make a great Airbnb with NO HOA to hassle you, a prime location near State Farm Stadium and Westgate with Tanger Outlet, tons of restaurants and entertainment. Quick access to the 101 to avoid surface streets! This is a one-of-a-kind opportunity.

    Zillow last checked:

    Listing updated:

    Listed by:

    Stuart Parris 480-295-0897,

    Realty City,

    John A. Parris 623-694-9016,

    Realty City

    Bought with:

    Martha M Navarro, BR523587000

    HomeSmart

    Source: ARMLS,MLS#: 6660139MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Heat Pump, Electric
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Included: Free-Standing Range, Dishwasher
    • Laundry: W/D Hookup
    Features
    • Flooring: Ceramic Tile, Vinyl, Wood
    Interior area
    • Total structure area: 1,839
    • Total interior livable area: 1,839 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Paved, >1 Space Per Unit, On Street, Carport
    • Has carport: Yes
    • Covered spaces: 1
    • Uncovered spaces: 5
    Details
    • Parcel number: 10281105
    • Zoning: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Siding, Painted, Block
    • Roof: Composition
    Condition
    • Year built: 1980

    Utilities & green energy

    • Electric: SRP
    • Sewer: Sewer-In & Connected, Public Sewer
    • Water: City Franchise
    • Utilities for property: Sewer Connected

    Community & HOA

    Community
    • Features: No Pool
    • Subdivision: SUNRISE TERRACE UNIT 9
    Location
    • Region: Phoenix

    Financial & listing details

    • Price per square foot: $239/sqft
    • Tax assessed value: $283,200
    • Annual tax amount: $1,644
    • Date on market: 3/3/2024
    • Cumulative days on market: 21 days
    • Listing terms: No Carry,Conventional,FHA
    • Ownership: Fee Simple
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    4/29/2024Sold$440,000-2.2%$239/sqft
    Source: ARMLS #6660139 Report a problem
    3/12/2024Price change$450,000-8.2%$245/sqft
    Source: ARMLS #6660135 Report a problem
    3/3/2024Listed for sale$490,000$266/sqft
    Source: ARMLS #6660135 Report a problem
    1/6/2024Listing removed$490,000$266/sqft
    Source: ARMLS #6646357 Report a problem
    1/5/2024Listed for sale$490,000$266/sqft
    Source: ARMLS #6646357 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,987 +11.6%$28,320 -2.6%
    2024$1,781 +9.7%$29,070 +157.9%
    2023$1,623 +2.9%$11,272 -36.3%
    2022$1,578 +7.2%$17,700 +11%
    2021$1,471 +0.7%$15,950 +8.3%
    2020$1,461 +112%$14,730 +14.4%
    2019$689 $12,880 +20.6%
    2018$689 +7.3%$10,680 +19.3%
    2017$642 +12.3%$8,950 +16.8%
    2016$572 -7.1%$7,660 +13.1%
    2015$616 $6,770 +60%
    2014-- $4,230 +27.4%
    2013-- $3,320 -1.2%
    2012-- $3,360 -4.8%
    2011-- $3,530 -44.5%
    2010-- $6,360 -50.1%
    2009-- $12,750 -17.7%
    2008-- $15,500 +27%
    2007-- $12,200 +47%
    2006-- $8,300
    2005-- $8,300 +12.2%
    2004-- $7,400
    2003-- $7,400 +27.6%
    2002-- $5,800
    Find assessor info on the county website

    Neighborhood: Maryvale

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Pendergast Elementary School
    • Middle: Westwind Elementary School
    • High: Tolleson Union High School
    • District: Pendergast 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
    $413,500
    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
    $413,500