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4221 E MAGNOLIA Street, Phoenix, AZ, 85034

1beds
1baths
600sqft
$950,000
$1,583price/sqft
$5,776/moest. monthly cost
$231,040/yrincome needed

About This Home

Great Potential. Heavy Industrial Zoning or can also be used as a Multi-Dwelling Unit. Home has a apartment for secondary living. Large covered Carport and Spacious Lot size. Potential is endless with Commercial Zoning in place. This can also be used as a Group Home or Senior Housing.

Getting Around

27
WalkingCar-Dependent
34
TransitSome Transit
42
BikeSomewhat Bikeable

Schools

4/10
5/10
Tempe High SchoolGrades 9-123.0 mi

Construction

Condition

  • Year built: 1953

Materials

  • Roof: Composition
  • Construction materials: Stucco,Block

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Built-In Range,Other,Disposal,Dishwasher,Refrigerator,Microwave
  • Laundry features: W/D Hookup

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1

Features

  • Flooring: Carpet,Vinyl

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 600
  • Total interior livable area: 600 sqft

Property

Details

  • Parcel number: 12446016
  • Zoning: A2

Lot

  • Lot size: 8,160 sqft
  • Lot size dimensions: 136 x 60

Parking

  • Total spaces: 10
  • Parking features: Attached Carport,1 Space/Unit,Carport
  • Covered spaces: 6
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Earthquake
    EarthquakeModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Heat Wave
Hail
Inland Flooding
Earthquake
Strong Wind

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,803$57,636
Home Insurance $409$4,908
Property Taxes $348$4,176
Electricity $216$2,603
Total$5,776$69,312

Income You'd Need if You Spent...

35% on housing$198,034/yr
40% on housing$173,280/yr
45% on housing$154,026/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,583This listing

vs Other Active Listings

Avg $/sqft

ZIP 85034$237
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85034$322
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-07Listed for sale$950,000

For Sale by Agent

AgentCamille Licon
BrokerageHomeSmart

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