NOT LISTED FOR SALE
16 Beds
8 Baths
15,830 Sq Ft
1972 Built

Last Sold June 16, 2017

Last sale price $1,768,810 $112 Per Sq Ft

113 Days on Market

Highlights

  • Baseboard Heating
  • Laundry Facilities
  • Level Lot

About This Home

As of June 2017

Offers contingent on interior inspect.19 unit community conveniently located close to mass transportation,shops,restaurants.7 bldgs,28 pkg(19 assigned, 9 open)Rents currently under mkt value on 9 units.All 2 beds/1bath,8 are 2-story townhouse style + 11 are 1 level.One level units have w+d hookups.Common laundry + storage could bring additional income. 2 fully remodeled units renting up to $1164.

Last Agent to Sell the Property

Jeffrey Capen

Windermere Realty Trust License #200308199 Listed on: 01/26/2017

Windermere Realty Trust

Co-Listed By

John McClain

Windermere Realty Trust License #201218259

Last Buyer's Agent

Phyllis Ghazi

HotSpots Real Estate License #200105102

HotSpots Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,726

Year Built

  • Built in 1972

Lot Details

  • Level Lot

Parking

  • 28 Car Garage
  • Open Parking
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 15,830 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

  • Lynch Wood Elementary School
  • Centennial High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes electricity, sewer, trashcollection, water
  • Assessor Parcel Number R334863

Community Details

Overview

  • 19 Units
  • Powellhurst Gilbert Subdivision

Amenities

  • Common Area
  • Laundry Facilities

Building Details

  • Operating Expense $71,631
  • Gross Income $147,092
  • Net Operating Income $75,461

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,726

Year Built

Built in 1972

Lot Details

0

Parking

28

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1972
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace

Exterior Features

  • Exterior Description: Brick,VinylSiding
  • View: No
  • Lot Features: Commons, Level
  • Disclosures: Exempt
  • Roof: Composition

Garage/Parking

  • Parking Description: Assigned, Open
  • Attached Garage: No
  • Garage Spaces: 28.0
  • Total Parking Spaces: 28.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Laundry

Schools

  • Elementary School: Lynch Wood
  • High School: Centennial

Lot Info

  • Zoning: R3
  • Parcel #: R334863

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Electricity, Sewer, TrashCollection, Water

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6, UnitTypeType7, UnitTypeType8
  • Number Of Units Total: 19
  • Gross Rent Multiplier: 11.55
  • Annual Gross Income: 147092.0
  • Property Net Operating Income: 75461.0
  • Annual Operating Expense: 71631.0

Tax Info

  • Tax Annual Amount: 21726.29

Range of Values:

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List Price
Sold Price
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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
06/16/2017 06/16/17 Sold $1,768,810 +4.1% $112 / Sq Ft
05/19/2017 05/19/17 Pending -- -- --
01/26/2017 01/26/17 For Sale $1,699,000 -- $107 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16582178

Regional Multiple Listing Service (RMLS)

APN: R334863