NOT LISTED FOR SALE

1125 E Devonshire Ave Phoenix, AZ 85014

Central City Neighborhood
14 Beds
12 Baths
1,235 Sq Ft
1944 Built

Last Sold December 08, 2017

Last sale price $650,000 $526 Per Sq Ft

24 Days on Market

Highlights

  • Evaporated cooling system
  • Community Barbecue Grill
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of December 2017

*PERFECT VALUE ADD INVESTMENT PROPERTY** 12 UNIT COMPLEX. THERE IS 1 THREE BEDROOM UNIT, 11 ONE BEDROOM UNITS . THERE ARE 18 PARKING SPACES PLUS STREET PARKING, GOOD TENANTS IN PLACE, CLOSE TO SCHOOLS AND FREEWAY. ALL UNITS HAVE LOTS OF TILE WHICH MAKES MAINTENANCE LOW AND TURNAROUND TIME SHORT. OWNER SAYS ''THIS IS NOT A 'FANCY' PROPERTY. IT IS A 'PLAIN JANE' AND A REAL WORKHORSE. IT ALWAYS FINISHES IN THE MONEY.'' GREAT VALUE AND MUCH MORE. NO SIGN ON THE PROPERTY DO NOT DISTURB TENANTS, UNITS AVAILABLE TO VIEW AND INSPECT AFTER ACCEPTED CONTRACT. ALL FIGURES AND MEASUREMENTS ARE APPROX. Owner will carry long term 20-30 yr carry with 340k down and 5.5% Interest

Last Agent to Sell the Property

Michelle Hoogendoorn

Better Homes & Gardens Real Estate SJ Fowler License #SA550923000 Listed on: 10/10/2017

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Hedy Li

Cactus Mountain Properties, LLC License #SA571600000

Cactus Mountain Properties, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $631

Year Built

  • Built in 1944

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 18 Open Parking Spaces
  • 18 Parking Spaces

Utilities

  • Evaporated cooling system
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Legal Lot and Block 3 / 1
  • Assessor Parcel Number 155-16-003

Community Details

Overview

  • 6 Buildings
  • 12 Units
  • Building Dimensions are .17 Acres
  • Endsley Place Subdivision

Additional Features

  • Community Barbecue Grill
  • Operating Expense $14,974

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$631

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Cross Street: 12th Street & Indian School Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 6
  • Year Built: 1944
  • Tax Year: 2016
  • Road Surface Type: Asphalt
  • Subdivision Name: ENDSLEY PLACE
  • Water Irrigation: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 18.0
  • Total Parking Spaces: 18.0
  • General Property Description:Uncvrd Parking Spcs: 18.0
  • General Property Description:Total Parking Spcs: 18.0
  • Parking:Paved Parking: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Individual, Evaporative Cooling
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Irrigation, Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Barbecue, No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes
  • Community Amenities:Barbecue: Yes

Fee Information

  • Annual Water Sewer Expense: 5742.0

Lot Info

  • Lot Size: .17 Acres
  • Additional Parcels: No
  • Parcel #: 155-16-003

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 12
  • Electric Expense: 6000.0
  • Insurance Expense: 2601.0
  • Annual Operating Expense: 14974.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 631.0
  • Tax Block: 1
  • Tax Book Number: 155.00
  • Tax Lot: 3
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2017 12/08/17 Sold $650,000 -6.9% $526 / Sq Ft
11/02/2017 11/02/17 Pending -- -- --
10/27/2017 10/27/17 Price Changed $698,000 -0.1% $565 / Sq Ft
10/09/2017 10/09/17 For Sale $699,000 -- $566 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michelle Hoogendoorn

    Seller's Agent in 2017

    Michelle Hoogendoorn

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 829-3460

    6 in this area

    15 Total Sales

    Michelle Hoogendoorn
    Section Image

  • H

    Buyer's Agent in 2017

    Hedy Li

    Cactus Mountain Properties, LLC

    (602) 386-2597

    16 Total Sales

    Hedy Li
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5672106

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Phoenix 85014 Central City

1125 E Devonshire Ave, Phoenix, AZ

Not Listed for Sale

MultiFamily

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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