S
Seller's Agent in 2017
Scott Trevey
REI Marketing
103 E Brinker Dr Avondale, AZ 85323
Old Town Neighborhood
112
Beds
--
Bath
2,176
Sq Ft
1964
Built
Highlights
- Heated Community Pool
- Community Playground
- Community Barbecue Grill
- Cooling Available
- Resident Manager or Management On Site
- 1-minute walk to Fred Campbell Park
About This Home
As of March 2017DO NOT DISTURB TENANTS - DO NOT WALK PROPERTY.Uniquely situated within Avondale's central corridor, Parkside Palms Apartments offers a selection of 1/1, 2/1 & 3/1 floor plans surrounded by green-scaped courtyards in a very low-density setting. Significant recently completed capital upgrades incl complete roof repair/resurfacing, parking lot resurfacing, exterior repaint, remodelled leasing office and re-plastered code-compliant swimming pool. Plus, 65% of the units have had cabinets, counters, vanities, tiled tub and shower surrounds, 6-panel doors, tile flooring, appliances & fixtures replaced during 2015-2016. Ownership has significantly upgraded property to result in steady rent growth now at the $1.00/SF mark.
Last Agent to Sell the Property
Scott Trevey
REI Marketing License #SA539099000 Listed on: 12/27/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,898
Year Built
- Built in 1964
Lot Details
- Additional Parcels
Home Design
- Brick Exterior Construction
- Built-Up Roof
- Block Exterior
Flooring
- Carpet
- Ceramic Tile
Parking
- 122 Open Parking Spaces
- 122 Parking Spaces
- Paved Parking
Utilities
- Cooling Available
- Heat Pump System
Listing and Financial Details
- Tenant pays for gas, electricity, cable TV
- The owner pays for trash collection, water, sewer, landscaping, pool/spa maintenance
- Tax Lot A
- Assessor Parcel Number 500-18-037
Community Details
Overview
- 24 Buildings
- 54 Units
- Building Dimensions are irreg
- Dieci Estates Subdivision
Recreation
- Community Playground
- Heated Community Pool
Building Details
- Operating Expense $176,294
- Gross Income $497,360
- Net Operating Income $321,446
Additional Features
- Community Barbecue Grill
- Resident Manager or Management On Site
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/13/2017 03/13/17 | Sold | $3,750,000 | -6.8% | $1,723 / Sq Ft |
| 01/08/2017 01/08/17 | Pending | -- | -- | -- |
| 12/27/2016 12/27/16 | For Sale | $4,025,000 | -- | $1,850 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,578 | $40,690 | -- | -- |
| 2024 | $4,216 | $38,753 | -- | -- |
| 2023 | $4,216 | $192,960 | $39,260 | $153,700 |
| 2022 | $4,062 | $147,540 | $30,020 | $117,520 |
| 2021 | $4,286 | $152,360 | $31,000 | $121,360 |
| 2020 | $4,153 | $96,450 | $19,620 | $76,830 |
| 2019 | $4,127 | $120,000 | $24,000 | $96,000 |
| 2018 | $4,144 | $88,000 | $17,600 | $70,400 |
| 2017 | $4,042 | $59,330 | $12,070 | $47,260 |
| 2016 | $4,122 | $44,200 | $8,990 | $35,210 |
| 2015 | $3,833 | $43,020 | $8,750 | $34,270 |
Source: Public Records
Agents Affiliated with this Home
-
-
Doug Groppenbacher, CCIM
Buyer's Agent in 2017
Doug Groppenbacher, CCIM
AZRC Realty, LLC
(480) 633-1993
-
D
Buyer's Agent in 2017
Douglas Groppenbacher
RE/MAX Commercial Investment
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5539374
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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