4 months on rocket

1224 E Dunlap Ave, Phoenix, AZ, 85020

$1,995,000

Home List Price

$10,000*

Closing Credit

0 Baths
House

Location

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1224 E Dunlap Ave, Phoenix$1,995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingPaved Parking, >1 Space Per Unit
Year Built1980
HeatingOther, Central
CoolingCentral Air, Other, Ceiling Fan(s)
MLS #6732554
StatusActive

About 1224 E Dunlap Ave

Find your prime investment opportunity today! This is an 8-unit low-rise complex. Built in 1980, but was extensively upgraded in 2023, making it a turnkey investment with significant potential for income growth. Offering a mix of two standalone 2-bedroom, 2-bathroom units and six 2-bedroom, 1-bathroom units, with modern amenities and high-quality finishes. Each unit features spacious living areas, updated kitchens and bathrooms, and individual storage units. The complex also boasts ample parking with 24 spaces and a well-maintained exterior. The proximity to major employers, shopping centers, hiking trails, and parks puts it in a highly desirable location, this property is perfect for long term tenants!

Property Details

Property Features

Property Information:

  • Year Built: 1980

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (888) 897-7821, (623) 846-7700
  • Listing Agent: Stephen Michael Patterson II, Stephen Patterson

Interior Features

Interior Information:

  • Flooring Type: Carpet, Ceramic Tile, Vinyl

Exterior Features

Parking Information:

  • Parking: Paved Parking, >1 Space Per Unit

Utilities

Utilities Information:

  • Heating: Other, Central
  • Cooling: Central Air, Other, Ceiling Fan(s)

Other

Directions Information:

  • Directions: From SR-51 Freeway exit on Northern and head west. Turn right on N 12th St then turn right on Dunlap Ave. Property will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,995,000

Tax Information:

  • Annual Amount: $2,945
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Phoenix, AZ.

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Phoenix, AZ

City

Med. Sold Price

$450.9K

Med. Price/SqFt

$284

Avg. Days On Market

62

# of Sold Homes

1291

1224 E Dunlap Ave vs Phoenix

128 DAYS ON ROCKET

+66 Days

$1,995,000

+$1.5M More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price in Phoenix, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6732554

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (888) 897-7821, (623) 846-7700
  • Listing Agent: Stephen Michael Patterson II, Stephen Patterson

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 6:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 09, 2021Home Sold
$1,175,000
Sep 13, 1994Home Sold
$190,000
Sep 13, 1993Home Sold
$183,005

Tax History

YEARPROP. TAXASSESSMENT
2021$2,945$57,900
2020$2,871$51,110
2019$2,744$44,620
2017$2,731$28,600

History based on county public records data.

Payment Calculator

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,048

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-835098
3
/10

  • Desert View Elementary School

  • 8621 N 3rd St

  • 0.81 miles

  • Public District Grades PK-6

school-card-donut-835099
7
/10

  • Madison Simis Elementary School

  • 7302 N 10th St

  • 1.76 miles

  • Public District Grades PK-4

school-card-donut-835100
8
/10

  • Mercury Mine Elementary School

  • 9640 N 28th St

  • 1.97 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,294. The most common annual income of people living in Phoenix, AZ is less than $35k. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1224 E Dunlap Ave

What is the listing price of this property?

The listing price of 1224 E Dunlap Ave property is $1,995,000.

What type of property is this?

The property 1224 E Dunlap Ave is a house located in Phoenix, Arizona, 85020.

Is this property for sale now?

Active Listing: 1224 E Dunlap Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,945 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 9, 2021 for $1,175,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 1224 E Dunlap Ave is 1980.

Rocket Homes›Arizona›Maricopa County›Phoenix›85020›1224 E Dunlap Ave

This home is located at 1224 E Dunlap Ave in Phoenix, AZ and zip code 85020 in the North Mountain neighborhood. This home was built in 1980. It has been listed on Rocket Homes since July 17, 2024 and is currently priced at $1,995,000.

Over 250 listings were sold over their listed price in October 2024 in Phoenix, AZ. In the same period over 697 listings were sold below the listed price and 344 listings were sold for the listed price. Between September 2024 and October 2024, Phoenix, AZ real estate market has seen increase in the number of listings by 7.5%. In October 2024, listings were on the market for 62 days. During the same period, the median list price in this real estate market was $450,977.

From Rocket Homes Real Estate and based on county public records data.

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