Comparable Market Analysis
3157 E Coronado Rd
Coronado · Phoenix, AZ 85014
Lotline
Prepared by Lotline
Tax year of record 2025 · Report ID P-015
Demo data — every figure in this report is synthetic and generated for demonstration. It is not a real listing, appraisal, MLS record, or parcel. Connect a live data source (MLS, PropertyRadar, ATTOM, RentCast) to produce a report from real records.
Subject property
List / est. value
$878,000
Est. price/sqft
$323/sqft
Configuration
5 bd · 3 ba · 2,720 sqft
Lot size
10,400 sqft
Property type
Multi-Family
Year built
1954
Condition
Updated
Stories · parking
2 · 2
Tastefully updated multi-family property in Coronado, Phoenix. 5 bed / 3 bath across 2,720 sqft on a 10.4k sqft lot, built in 1954. Tankless water heater, Renovated bathrooms, Quartz countertops.
Comparable sales (6)
Recent nearby sales, each adjusted to the subject for differences in size, condition, and features. Ranked by similarity.
| Address | Dist. | Sold | Bd/Ba | Sqft | Sold price | $/sqft | Adj. | Adj. price |
|---|---|---|---|---|---|---|---|---|
2045 N 7th St Phoenix, AZ · 95% match | 0.5 mi | May 4, 2025 | 6/3.5 | 2,712 | $930,000 | $343 | +$3,000 | $933,000 |
2317 W Palm Ln Phoenix, AZ · 92% match | 0.6 mi | Jul 6, 2025 | 6/2 | 2,663 | $893,000 | $335 | +$14,500 | $907,500 |
2992 E Coronado Rd Phoenix, AZ · 83% match | 0.3 mi | Oct 6, 2025 | 5/3 | 2,417 | $796,000 | $329 | +$73,500 | $869,500 |
1402 E Coronado Rd Phoenix, AZ · 82% match | 0.9 mi | Jun 5, 2025 | 6/2.5 | 3,021 | $1,062,000 | $352 | -$82,000 | $980,000 |
3984 N 7th St Phoenix, AZ · 82% match | 1.4 mi | Jul 14, 2025 | 4/2.5 | 2,538 | $901,000 | $355 | +$50,500 | $951,500 |
6306 E Coronado Rd Phoenix, AZ · 79% match | 1.1 mi | Nov 3, 2025 | 4/3 | 2,450 | $872,000 | $356 | +$76,000 | $948,000 |
| Average | $345 | $931,583 | ||||||
Adjustments — 2045 N 7th St: Age newer 10y +$9,000 · Baths -0.5 -$6,000
Reconciled opinion of value
$930,933
Likely range $893,695 – $968,170
Implied $/sqft
$342
Avg comp $/sqft
$345
Median $/sqft
$348
Value reconciled from 6 adjusted comparables, weighted by similarity to the subject. Range reflects the dispersion of adjusted sale prices ($329–$356 per sqft).
Property tax snapshot
- Assessed value (2025)
- $797,906
- Annual tax bill (2025)
- $5,055
- Effective rate
- 0.63%
- vs. state median
- +1%
- Monthly escrow
- $421
- Projected next bill
- $5,354
Investment snapshot
Thin deal25% down · 7.00% · 30-yr · rent $5,425/mo
- Cap rate
- 4.36%
- Monthly cash flow
- -$1,189
- Cash-on-cash
- -5.8%
- Net operating income
- $38,305/yr
- 1% rule
- 0.62%
- DSCR
- 0.73