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1514 W Sherman St, Phoenix, AZ, 85007

$315,000

Home List Price

$3,741*

Closing Credit

0 Baths
House

Location

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1514 W Sherman St, Phoenix$315,000

Buyer Closing Credits

$3,741*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Parking1 Space/Unit
Year Built1946
HeatingOther
CoolingOther
MLS #6766757
StatusActive

About 1514 W Sherman St

Located near Downtown Phoenix, 1514 W Sherman St presents a prime value-add opportunity for investors. This multifamily property includes a total of three units: a front duplex with two 1-bedroom, 1-bathroom units, and a single-family residence at the rear featuring a 2-bedroom, 1-bathroom layout. The property is conveniently situated near Phoenix Memorial Hospital and is just under two miles from the heart of Downtown Phoenix.

Property Details

Property Features

Property Information:

  • Year Built: 1946

Listing Office:

  • Office Name: R.O.I. Properties
  • Office Phone: (602) 319-1326
  • Listing Agent: Beth Jo Zeitzer, Jake Vice

Interior Features

Interior Information:

  • Flooring Type: Ceramic Tile

Exterior Features

Parking Information:

  • Parking: 1 Space/Unit

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

School Info

Assigned Schools Information:

  • Franklin Police and Fire High School, Public District Grades 9-12
  • Phoenix Union Bioscience High School, Public District Grades 9-12
  • Central High School, Public District Grades 9-12
  • Mary Mcleod Bethune School, Public District Grades PK-8

Price Information

Listing Price Info

Price Summary:

  • List Price: $315,000

Tax Information:

  • Annual Amount: $362
  • 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

1514 W Sherman St vs Phoenix

32 DAYS ON ROCKET

-30 Days

$315,000

-$135.9K Less

KEY TAKEAWAY

This property is $135.9K less 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: #6766757

Listing Office:

  • Office Name: R.O.I. Properties
  • Office Phone: (602) 319-1326
  • Listing Agent: Beth Jo Zeitzer, Jake Vice

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: 11/5/2024, 6:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 28, 2021Home Sold
$245,000
Jan 28, 2019Home Sold
$99,000
Jul 30, 1998Home Sold
$24,000

Tax History

YEARPROP. TAXASSESSMENT
2021$362$7,730
2020$366$6,420
2019$359$5,020
2017$351$3,350

History based on county public records data.

Payment Calculator

$1,640

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,011

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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.

Middle School

school-card-donut-4457
3
/10

  • Mary Mcleod Bethune School

  • 1310 S 15th Ave

  • 0.42 miles

  • Public District Grades PK-8

High School

school-card-donut-4458
6
/10

  • Franklin Police and Fire High School

  • 1645 W Mcdowell Rd

  • 1.68 miles

  • Public District Grades 9-12

school-card-donut-4459
10
/10

  • Phoenix Union Bioscience High School

  • 512 E Pierce St

  • 1.81 miles

  • Public District Grades 9-12

school-card-donut-4460
3
/10

  • Central High School

  • 4525 N Central Ave

  • 4.41 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,057. The majority of Phoenix, AZ residents have income less than $35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1514 W Sherman St

What is the listing price of this property?

The listing price of 1514 W Sherman St property is $315,000.

What type of property is this?

The property 1514 W Sherman St is a house located in Phoenix, Arizona, 85007.

Is this property for sale now?

Active Listing: 1514 W Sherman St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1514 W Sherman St are:
Mary Mcleod Bethune School: GreatSchools Rating 3/10
Franklin Police and Fire High School: GreatSchools Rating 6/10
Phoenix Union Bioscience High School: GreatSchools Rating 10/10
Central High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $362 (source: MLS/based on county public records data).

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

The last sale was on April 28, 2021 for $245,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 1514 W Sherman St is 1946.

Rocket Homes›Arizona›Maricopa County›Phoenix›85007›1514 W Sherman St

This home is located at 1514 W Sherman St in Phoenix, AZ and zip code 85007 in the Central City neighborhood. This home was built in 1946. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $315,000.

In October 2024, from all listings sold in Phoenix, AZ there were more than 250 sold above asking price, over 697 sold below and more than 344 were sold right at the asked price. The inventory of homes for sale in Phoenix, AZ between September 2024 and October 2024 increased by 7.5%. Listings spent 62 days on the market in October 2024, and had a median list price of $450,977 during the same period.

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

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