NOT LISTED FOR SALE

115 W Hill Dr Avondale, AZ 85323

Old Town Neighborhood
34 Beds
1 Bath
12,332 Sq Ft
1980 Built

Last Sold February 28, 2018

Last sale price $935,000 $76 Per Sq Ft

24 Days on Market

Highlights

  • Cooling Available
  • Ceiling Fan
  • 1-minute walk to Doc Rhodes Memorial Park
  • Agua Fria High School Rated A-
  • Individual Controls for Heating

About This Home

As of February 2018

Hill Apartments is a 14-unit garden-style apartment home community located in the Historic Avondale Art’s District in Avondale, Arizona. Built in 1980, and refreshed in 2017, Hill Apartments is a rare single-story multifamily community located in Downtown Avondale near shopping, culture, restaurants and transportation, featuring eight (8) two-bedroom and one-bathroom apartment homes of approximately 820 square feet and six (6) three-bedroom and one-bathroom apartment homes of approximately 962 square feet. Each of the 14 apartment homes includes a private rear patio. Hill Apartments is located near shopping, dining and entertainment in the Historic Avondale Art’s District.

Last Agent to Sell the Property

Natan Jacobs

Vestis Group License #BR525576000 Listed on: 11/14/2017

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,488

Year Built

  • Built in 1980

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Foam Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Parking

  • 24 Open Parking Spaces
  • 24 Parking Spaces

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Assessor Parcel Number 500-16-151-D

Community Details

Overview

  • 4 Buildings
  • 14 Units
  • Building Dimensions are 280x141
  • Historic Avondale Art's District Subdivision

Building Details

  • Operating Expense $42,896
  • Gross Income $106,632
  • Net Operating Income $63,988

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,488

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: Dysart Road / Western Avenue
  • Legal Info Range: 1W
  • Property Type: Multiple Dwellings
  • Zoning: R-4, Avondale
  • Number Of Buildings: 4
  • Year Built: 1980
  • Tax Year: 2017
  • Directions: The property is situated south of Van Buren Street and north of Western Avenue, east of Litchfield Road and west of Central Avenue, along Hill Drive, approximately 4.5 miles from Interstate 10 (I-10).
  • Road Surface Type: Asphalt
  • Professional Management Expense: 7231.0
  • Subdivision Name: Historic Avondale Art's District
  • Tax Parcel Letter: D
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: None
  • Construction Type: Brick Veneer, Painted, Block, Frame - Wood, Slump Block
  • Roof: Foam
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Construction:Slump Block: Yes

Garage/Parking

  • Open Parking Spaces: 24.0
  • Total Parking Spaces: 24.0
  • General Property Description:Uncvrd Parking Spcs: 24.0
  • General Property Description:Total Parking Spcs: 24.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Individual, Electric, Ceiling Fan(s)
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 3600.0
  • Annual Water Sewer Expense: 7414.0

Lot Info

  • Lot Size: 280x141
  • Additional Parcels: No
  • Parcel #: 500-16-151-D

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 14
  • Electric Expense: 1909.0
  • Annual Gross Income: 106631.94
  • Insurance Expense: 2454.0
  • Maintenance Expense: 8400.0
  • Property Net Operating Income: 63988.0
  • Annual Operating Expense: 42896.0
  • Vacancy Allowance Rate: 0.07

Tax Info

  • Tax Annual Amount: 3488.0
  • Tax Book Number: 500.00
  • Tax Lot: N/A

Range of Values:

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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 Change Sq Ft Price
02/28/2018 02/28/18 Sold $935,000 -1.6% $76 / Sq Ft
12/08/2017 12/08/17 Pending -- -- --
11/14/2017 11/14/17 For Sale $950,000 -- $77 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Natan Jacobs

    Seller's Agent in 2018

    Natan Jacobs

    Vestis Group

    (480) 440-4403

    29 Total Sales

    Natan Jacobs
    Section Image

  • N

    Buyer's Agent in 2018

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5687797

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Avondale 85323 Old Town

115 W Hill Dr, Avondale, AZ

This home is located at 115 W Hill Dr, Avondale, AZ 85323 since 14 November 2017. This property was built in 1980. 115 W Hill Dr is a home located in Maricopa County with nearby schools including Lattie Coor, Eliseo C. Felix School, and Avondale Middle School.

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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