NOT LISTED FOR SALE

1707 N 18th St Phoenix, AZ 85006

1 Bed
1 Bath
12,179 Sq Ft
0.6 Acres

Last Sold February 28, 2022

Last sale price $4,515,000 $371 Per Sq Ft

93 Days on Market

Highlights

  • Heated Community Pool
  • Cooling Available
  • Vinyl Flooring
  • Phoenix Coding Academy Rated A
  • Community Barbecue Grill
  • Individual Controls for Heating

About This Home

As of February 2022

THE CORONADO 19 is a newly renovated 19-unit multifamily complex with (2) Studios, (9) 1-Bedroom/1-Bath units and (8) 2-Bedroom/1-Bath units just outside the Coronado Historic District. Built
in 1960, The Coronado 19 consists of approximately 13,300 sq ft of rental space. All units are fully renovated with new cabinets, granite countertops, flooring, stainless steel appliances, dual pane windows and in-suite washer/dryers. The property has been updated with all new electric panels and wiring, new sewer lines and plumbing. A new pool was installed that can be used year round. All units are individually metered for electricity. The property is centrally located in Phoenix with easy access to the 51 freeway. This property is within 5 miles of downtown phoenix, Arcadia, Biltmore, etc.

Last Agent to Sell the Property

Swapnadeep Nath

HN Management License #BR657689000 Listed on: 09/24/2021

Co-Listed By

Brenda Nath

HN Management License #BR651691000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,282

Year Built

  • Built in 1960

Lot Details

  • 0.6

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Vinyl Flooring

Parking

  • 14 Open Parking Spaces
  • 32 Parking Spaces
  • Carport

Schools

  • Excelencia Elementary School
  • Phoenix Coding Academy Middle School
  • North High School

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • The owner pays for pool maintenance, gas, trash collection, water, sewer, landscaping
  • Legal Lot and Block 15 / 9
  • Assessor Parcel Number 117-13-113-A

Community Details

Overview

  • 3 Buildings
  • 19 Units
  • Building Dimensions are 0.062
  • Mcdowell Manors Annex Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $59,795
  • Gross Income $255,968
  • Net Operating Income $76,607

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,282

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: McDowell Rd & 16th St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2021
  • Directions: Head east on E McDowell Rd, North on N 18th St. Property will be on the right at the corner of Coronado St & 18th St.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 14820.0
  • Co List Office Mls Id: urba001
  • Co List Office Phone: 480-619-2792
  • Subdivision Name: MCDOWELL MANORS ANNEX
  • Tax Parcel Letter: A
  • Roofing:Composition: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes
  • Community Features:Pool2: Yes
  • Community Features:Barbecue: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 18.0
  • Parking Features: 1 Space/Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 14.0
  • Total Parking Spaces: 32.0
  • General Property Description:Covered Parking Spcs: 18.0
  • General Property Description:Uncvrd Parking Spcs: 14.0
  • General Property Description:Total Parking Spcs: 32.0
  • Parking Features:Carport: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Barbecue, Pool

Association/Amenities

  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Fuel Expense: 145.4
  • Trash Expense: 5422.4
  • Annual Water Sewer Expense: 5422.4

Schools

  • Elementary School: Excelencia School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix Coding Academy

Lot Info

  • Lot Size: 0.062
  • Additional Parcels: No
  • Parcel #: 117-13-113-A

Multi Family

  • Owner Pays: Pool Maintenance, Gas, Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 19
  • Electric Expense: 3958.82
  • Annual Gross Income: 255968.3
  • Insurance Expense: 8744.0
  • Maintenance Expense: 10000.0
  • Property Net Operating Income: 76607.0
  • Annual Operating Expense: 59795.02
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 6282.0
  • Tax Block: 9
  • Tax Book Number: 117.00
  • Tax Lot: 15

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
02/28/2022 02/28/22 Sold $4,515,000 -1.8% $371 / Sq Ft
12/26/2021 12/26/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $4,600,000 -- $378 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Swapnadeep Nath

    HN Management

    (602) 448-9110

    7 Total Sales

    Section Image
  • Brenda Nath

    Seller Co-Listing Agent in 2022

    Brenda Nath

    HN Management

    (602) 315-9906

    7 Total Sales

    Section Image

  • N

    Buyer's Agent in 2022

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6298556

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Phoenix 85006

1707 N 18th St, Phoenix, AZ

This home is located at 1707 N 18th St, Phoenix, AZ 85006 since 24 September 2021. This property was built in 1960. 1707 N 18th St is a home located in Maricopa County with nearby schools including Excelencia School, North High School, and Phoenix Coding Academy.

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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