$890,000
SOLD OCT 15, 2020

1212 W Mountain View Rd Phoenix, AZ 85021

North Mountain Village Neighborhood
-- Bed
-- Bath
700 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$1,271 Per Sq Ft

1% Below List Price

105 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Sunnyslope High School Rated A

About This Home

As of December 2021

Ironwood Apartments is located North Phoenix. Apartment fundamentals in North Phoenix are tighter than ever. Consistent demand and minimal new supply has kept vacancies near all-time lows in recent quarters. This is a fully rented 8 units. This has amazing unit mix six two bedrooms and two ones rented as utilities included on the ones for higher rents for veteran program. Others are rented as regular one year leases. Newer 1980's construction and brand new paint. All facts and figures are approximate buyer verify MLS information. Drive by only the tenants are unaware of the sale.
Demand is propped up by the submarket's affordability, proximity to major employment nodes, and accessibility via the I-17 and Piestewa Freeway.

Last Agent to Sell the Property

Sophia Baron

Grace CRE License #BR648866000 Listed on: 05/08/2020

Co-Listed By

Joshua Willets

Grace CRE License #BR675965000

Last Buyer's Agent

Jason Shepherd

SRGC West License #BR555335000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,666

Year Built

  • Built in 1986

Lot Details

  • Property fronts an alley

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 6 Open Parking Spaces
  • 8 Parking Spaces
  • 2 Covered Spaces
  • Paved Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, landscaping
  • Tax Lot 84
  • Assessor Parcel Number 158-30-057

Community Details

Overview

  • 8 Units
  • Building Dimensions are irr
  • Ironwood Place Plat 2 Subdivision

Building Details

  • Operating Expense $22,946
  • Gross Income $82,547
  • Net Operating Income $59,601

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,666

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: 7th Ave / Hatcher
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2018
  • Directions: West on Hatcher to 9th Avenue, north to Mountain View, west to the property
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt
  • Professional Management Expense: 4090.0
  • Co List Office Mls Id: grcr001
  • Co List Office Phone: 602-975-5516
  • Subdivision Name: IRONWOOD PLACE PLAT 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Paved Parking
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Paved Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 1260.0
  • Annual Water Sewer Expense: 4550.0

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 158-30-057

Multi Family

  • Owner Pays: Trash Collection, Water, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 8
  • Electric Expense: 2500.0
  • Annual Gross Income: 82547.4
  • Insurance Expense: 1880.0
  • Maintenance Expense: 6000.0
  • Property Net Operating Income: 59601.0
  • Annual Operating Expense: 22946.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1666.0
  • Tax Book Number: 158.00
  • Tax Lot: 84

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
12/20/2021 12/20/21 Sold $1,375,000 0.0% $1,964 / Sq Ft
10/27/2021 10/27/21 For Sale $1,375,000 +54.5% $1,964 / Sq Ft
10/15/2020 10/15/20 Sold $890,000 0.0% $1,271 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
08/06/2020 08/06/20 Price Changed $890,000 -1.1% $1,271 / Sq Ft
05/08/2020 05/08/20 For Sale $900,000 +140.0% $1,286 / Sq Ft
12/31/2013 12/31/13 Sold $375,000 -5.1% $536 / Sq Ft
12/15/2013 12/15/13 Pending -- -- --
12/08/2013 12/08/13 For Sale $395,000 -- $564 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Larry Burr

    ATLAS AZ, LLC

    (480) 828-3283

    5 in this area

    96 Total Sales

    Larry Burr
    Section Image
  • Sophia Baron

    Seller's Agent in 2020

    Sophia Baron

    Grace CRE

    (480) 375-0227

    4 in this area

    84 Total Sales

    Sophia Baron
    Section Image
  • Joshua Willets

    Seller Co-Listing Agent in 2020

    Joshua Willets

    Grace CRE

    (561) 473-4477

    4 in this area

    31 Total Sales

    Joshua Willets
    Section Image

  • J

    Buyer's Agent in 2020

    Jason Shepherd

    SRGC West

    1 in this area

    1 Total Sale

    Jason Shepherd
    Section Image
  • Jeff Newman

    Seller's Agent in 2013

    Jeff Newman

    HomeSmart

    (602) 264-8400

    5 Total Sales

    Jeff Newman
    Section Image
  • Daniel Clark

    Buyer's Agent in 2013

    Daniel Clark

    eXp Realty

    (480) 231-1177

    1 in this area

    5 Total Sales

    Daniel Clark
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6076014

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Phoenix 85021 North Mountain Village

1212 W Mountain View Rd, Phoenix, AZ

This home is located at 1212 W Mountain View Rd, Phoenix, AZ 85021 and is currently priced at $890,000, approximately $1,271 per square foot. This property was built in 1986. 1212 W Mountain View Rd is a home located in Maricopa County with nearby schools including Mountain View Elementary School, Sunnyslope High School, and Bennett Academy – Venture Site.

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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