NOT LISTED FOR SALE
6 Beds
4 Baths
1,200 Sq Ft
1963 Built

Last Sold October 07, 2021

Last sale price $650,000 $542 Per Sq Ft

1 Day on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Madison Heights Elementary School Rated A-
  • Ceiling Fan

About This Home

As of October 2021

This fourplex is in a great location close to downtown Phoenix. The building has two 650SF, 2BR, 1BA units and two 550SF 1BR, 1BA units. Each unit has a private back yard. The front landscaping is desert. There is an onsite coin operated community laundry. 100% occupied with long term tenants. Unit 5 rented at $750, Exp 7/31/22, moved in 2017, Unit 6 rented at $575, Exp 5/31/22, moved in 2015, Unit 7 rented at $505, Exp 2/28/22, moved in 2011, Unit 8 rented at $700, Exp 7/31/22, moved in 2014. The parking lot was resurfaced in April 2021. No HOA. The water, sewer, trash and common area lighting is shared with other owners. No showings until accepted contract.

Last Agent to Sell the Property

Pat Hune

1st Southwest Realty, LLC License #BR529524000 Listed on: 07/19/2021

Last Buyer's Agent

Dallin Hammond

ABI Multifamily License #SA677560000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,888

Year Built

  • Built in 1963

Home Design

  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Paved Parking

Schools

  • Madison Rose Lane Elementary School
  • Madison #1 Middle School
  • North High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot F
  • Assessor Parcel Number 164-34-020-F

Community Details

Overview

  • 4 Units
  • Building Dimensions are 8712
  • Ocotillo Canyon Subdivision

Building Details

  • Operating Expense $1,888

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,888

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: 16th Street and Glendale
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2020
  • Directions: South on 16th Street to Ocotillo, East just past 2 story building to driveway next to San Tome sign, North past Ocotillo Canyon sign. Building is on left.
  • Road Surface Type: Asphalt
  • Subdivision Name: Ocotillo Canyon
  • Tax Parcel Letter: F
  • Cooling:Ceiling Fan(s): Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: Refrigerator
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved, Add'l Parking Avail, 1 Space/Unit
  • 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 Features:Paved2: Yes

Utilities

  • Electric: SRP
  • Cooling: Ceiling Fan(s), Heat Pump
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Partially Fenced: Yes

Schools

  • Elementary School: Madison Rose Lane School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison #1 Middle School

Lot Info

  • Lot Size: 8712
  • Additional Parcels: No
  • Parcel #: 164-34-020-F

Multi Family

  • Owner Pays: Other, Trash Collection, Water, Sewer, Landscaping
  • Number Of Units Total: 4
  • Annual Operating Expense: 1888.0

Tax Info

  • Tax Annual Amount: 1888.0
  • Tax Book Number: 164.00
  • Tax Lot: F

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
10/07/2021 10/07/21 Sold $650,000 0.0% $542 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/19/2021 07/19/21 For Sale $650,000 -- $542 / 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: 6266814

Arizona Regional Multiple Listing Service (ARMLS)