NOT LISTED FOR SALE

Estimated Value: $498,657 - $530,000

Studio
-- Bath
1,008 Sq Ft
$508/Sq Ft Est. Value

Sale Details

Date Sold: June 10, 2013

Last sale price $125,000 $124 Per Sq Ft

Est. 310% increase in value since last sale

Current estimated payment $3,324 / mo

57 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of June 2013

4-Plex opportunity in downtown Phoenix. This 4-Plex consists of two block duplex's, each containing 2 units. The properties are all North/South facing and there is easy access to each unit. All units are occupied. Each unit has 2 bedrooms, 1 bathroom, kitchen and living room. Each unit has a security door, ceiling fans hall closet and linen closet. Separate Electric & Gas meters, AC & water heaters. Unit 1 & 2 have alley access and parking. Units 4 & 5 have front entry parking off Mckinley. This is an excellent location being so close to bus/light rail transit, I-10/51/202 & 143 Freeways. Please contact agent with any questions.

Last Agent to Sell the Property

Nathan Hale

Berkshire Hathaway HomeServices Arizona Properties License #SA111273000 Listed on: 03/25/2013

Last Buyer's Agent

Karla Rozum

West USA Realty License #BR539029000

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,070

Year Built

  • Built in 1955

Lot Details

  • 6,360

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • On-Street Parking

Schools

  • Garfield Elementary School
  • Phoenix Union Cyber High Middle School
  • Phoenix Prep Academy High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for trash collection, gas, electricity, cable TV
  • The owner pays for water
  • Tax Lot 8
  • Assessor Parcel Number 116-16-032

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are 6300
  • Alameda Place Subdivision

Building Details

  • Operating Expense $5,270
  • Net Operating Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,070

Year Built

Built in 1955

Lot Details

6,360 Sq Ft Lot

Listing Details

  • Cross Street: 16TH STREET AND I-10. South on 16th Street past
  • Property Type: Multiple Dwellings
  • Zoning: RESIDENTIAL
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1955
  • Tax Year: 2012
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Subdivision Name: ALAMEDA PLACE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: None
  • Construction Type: Brick Veneer, Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Add'l Parking Avail, 1 Space/Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Street Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C, Individual, Electric
  • Heating: Individual, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 2400.0

Schools

  • Elementary School: Garfield School
  • High School: Phoenix Prep Academy
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix Union Cyber High School

Lot Info

  • Lot Size: 6300
  • Additional Parcels: No
  • Parcel #: 116-16-032

Multi Family

  • Owner Pays: Water, None
  • Tenant Pays: Trash Collection, Gas, Electricity, Cable TV
  • Number Of Units Total: 4
  • Maintenance Expense: 1800.0
  • Property Net Operating Income: 21600.0
  • Annual Operating Expense: 5270.0

Tax Info

  • Tax Annual Amount: 1070.0
  • Tax Book Number: 116.00
  • Tax Lot: 8
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/10/2013 06/10/13 Sold $125,000 -1.6% $124 / Sq Ft
05/21/2013 05/21/13 Pending -- -- --
03/25/2013 03/25/13 For Sale $127,000 -- $126 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4909857

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-16-032

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