NOT LISTED FOR SALE

1633 W Missouri Ave Unit 26-30 Phoenix, AZ 85015

Alhambra Neighborhood
2 Beds
2 Baths
920 Sq Ft
436 Sq Ft Lot

Last Sold November 05, 2014

Last sale price $120,000 $130 Per Sq Ft

57 Days on Market

Highlights

  • Heated Community Pool
  • Solano School Rated 9+
  • Central Heating and Cooling System

About This Home

As of November 2014

20+% Cash On Cash return on package of 5 (out of 44 total) condominiums. Buy as a package, lease, or sell individually. All 2-story, 2 Bedroom, townhouse style condominimus with refrigerated HVAC. Individually metered electric (SRP). HOA includes sewer/water/trash.

Lease Up has just begun by current owner. Screen your own tenants in these recently updated units with new kitchens, refrigerators, washers and dryers. New tile and/or carpet in each unit. All 5 units face the centrally located fenced pool. (NOTE: Pool area currently being renovated by HOA.)

Near Christown Mall shopping and light rail (just 2 blocks east)with direct connection to Central Phoenix, Sky Harbor Airport, ASU Tempe Campus and the East Valley. Easy access to I-17 and SR 51.

MOTIVATED SELLER! Present all off

Last Agent to Sell the Property

Arvle Knight

Transworld Business Advisors of Phoenix NE License #BR535084000 Listed on: 08/27/2014

Last Buyer's Agent

Laura Good

Better Homes & Gardens Real Estate SJ Fowler License #SA639563000

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,158

Year Built

  • Built in 1964

Lot Details

  • Additional Parcels

Home Design

  • Block Exterior
  • Stucco

Parking

  • 5 Parking Spaces
  • 5 Covered Spaces
  • Assigned Parking

Schools

  • Solano Elementary School
  • Osborn Middle School
  • Phoenix Union Cyber High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 107-111
  • Assessor Parcel Number 156-39-211

Community Details

Overview

  • 5 Units
  • Building Dimensions are 2365
  • Phoenician Condominium Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $20,300
  • Gross Income $38,475
  • Net Operating Income $17,024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,158

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Cross Street: Bethany Home & 19th Ave
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Year Built: 1964
  • Tax Year: 2013
  • Directions: South on 19th Ave, East on Missouri to 17th Ave, South on 17th Ave. Property is on the southeast corner. Enter drive at rear (south side) of units.
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Professional Management Expense: 1154.0
  • Subdivision Name: Phoenician Condominium
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:Assigned: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C, Heat Pump, Electric
  • Heating: Central, Heat Pump, None, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes
  • Heating:None29: Yes

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:Pool2: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Solano School
  • High School: Phoenix Union Cyber High School
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Lot Size: 2365
  • Additional Parcels: Yes
  • Parcel #: 156-39-211

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 38475.0
  • Insurance Expense: 1880.0
  • Maintenance Expense: 2000.0
  • Property Net Operating Income: 17024.0
  • Annual Operating Expense: 20300.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1158.0
  • Tax Book Number: 156.00
  • Tax Lot: 107-111

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 List to Sale Price per Sq Ft
11/05/2014 11/05/14 Sold $120,000 -31.4% $130 / Sq Ft
10/16/2014 10/16/14 Pending -- -- --
08/20/2014 08/20/14 For Sale $175,000 -- $190 / 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: 5163237

Arizona Regional Multiple Listing Service (ARMLS)