NOT LISTED FOR SALE
16 Beds
-- Bath
1,792 Sq Ft
1984 Built

Last Sold March 31, 2021

Last sale price $1,300,000 $725 Per Sq Ft

53 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Shadow Mountain High School Rated A-

About This Home

As of March 2021

Eight Spacious Townhome units with Historically Low Vacancy. This Pride of Ownership Property Enjoys a Great North-Central Phoenix Location with Proximity to Freeways, Employment, Entertainment, Shopping & Services. Popular with tenants, the Townhome Style Provides Kitchen, Dining Area, a Half-Bath and Large Living Area downstairs. Bedrooms and Full-Bath Privacy up. Large Units with Tiled Flooring Downstairs, Carpet Upstairs, Full Sized Appliances & Washer-Dryer Hook-Ups. The property is Individually Metered for Electricity. Covered Parking, Covered Entries and Several Units have Covered Patio Areas.

Last Listed By

Rick Horst

Keller Williams Arizona Realty License #SA640657000 Listed on: 12/11/2020

Keller Williams Arizona Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,514

Year Built

  • Built in 1984

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 3 Open Parking Spaces
  • 11 Parking Spaces
  • Carport
  • Paved Parking

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • The owner pays for water
  • Legal Lot and Block 16 / 6
  • Assessor Parcel Number 166-11-053-A

Community Details

Overview

  • 2 Buildings
  • 8 Units
  • Building Dimensions are 90.6 x 153.4 x 89.9 x 158
  • Sun & Sand Blk 6 Subdivision

Building Details

  • Operating Expense $17,826
  • Gross Income $85,854
  • Net Operating Income $60,506

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,514

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: Cave Creek and 21st Place
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: M-M
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1984
  • Tax Year: 2020
  • Directions: Cave Creek north just past Sweetwater, 1st left is 21st Place. Property on left.
  • Road Surface Type: Asphalt, Concrete
  • Professional Management Expense: 4560.0
  • Subdivision Name: SUN & SAND BLK 6
  • Tax Parcel Letter: A
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 8.0
  • Parking Features: Paved, Carport
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 11.0
  • General Property Description:Covered Parking Spcs: 8.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 11.0
  • Parking Features:Carport: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Electric: SRP
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:Mini Blinds: Yes

Fee Information

  • Trash Expense: 1800.0
  • Annual Water Sewer Expense: 3844.0

Schools

  • Junior High Dist: Paradise Valley Unified District

Lot Info

  • Lot Size: 90.6 x 153.4 x 89.9 x 158
  • Additional Parcels: No
  • Parcel #: 166-11-053-A

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 8
  • Annual Gross Income: 85854.35
  • Insurance Expense: 2194.0
  • Maintenance Expense: 1473.0
  • Property Net Operating Income: 60506.0
  • Annual Operating Expense: 17826.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2514.0
  • Tax Block: 6
  • Tax Book Number: 166.00
  • Tax Lot: 16

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
03/31/2021 03/31/21 Sold $1,300,000 +8.3% $725 / Sq Ft
03/24/2021 03/24/21 For Sale $1,200,000 0.0% $670 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
01/05/2021 01/05/21 Pending -- -- --
12/11/2020 12/11/20 For Sale $1,200,000 +223.5% $670 / Sq Ft
03/13/2013 03/13/13 Sold $371,000 +0.5% $207 / Sq Ft
02/22/2013 02/22/13 Pending -- -- --
02/19/2013 02/19/13 For Sale $369,000 -- $206 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6173697

Arizona Regional Multiple Listing Service (ARMLS)