NOT LISTED FOR SALE

1716 E Ocotillo Rd Unit A Phoenix, AZ 85016

Camelback East Village Neighborhood

Estimated Value: $818,333

6 Beds
4 Baths
1,575 Sq Ft
$520/Sq Ft Est. Value

Sale Details

Date Sold: November 30, 2015

Last sale price $290,000 $184 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $5,307 / mo

41 Days on Market

Highlights

  • Ceiling Fan
  • Madison Heights Elementary School Rated A-
  • Heat Pump System

About This Home

As of November 2015

North Central / Biltmore area turnkey property that's easy to own and manage. Newer plumbing - including main, many newer appliances and water heaters and a/c units. Located in a prime area near desirable destinations: shopping - Sprouts, Hiking - Phoenix Mountains, a park, the freeway, Biltmore area and near major dining centers. The property features spacious units with private yard and other amenities that keep them rented. Many long term tenants with rents below market. Available separately or together with 1716 B ( MLS No. 5321181 )for an attractive 8 unit investment. Attractive low maintenance landscaping: lots of recent improvements and growing future potential. This property would make a great for an owner occupant investor.

Last Agent to Sell the Property

Artur Ciesielski

HomeSmart License #SA527273000 Listed on: 08/15/2015

HomeSmart

Co-Listed By

Joanna Zajusz

HomeSmart License #SA536079000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,573

Year Built

  • Built in 1963

Lot Details

  • 8,712

Home Design

  • Brick Exterior Construction
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Assessor Parcel Number 164-34-020-K

Community Details

Overview

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

Building Details

  • Operating Expense $5,194
  • Net Operating Income $25,618

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,573

Year Built

Built in 1963

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Cross Street: 16th Street and Glendale Road.
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1963
  • Tax Year: 2014
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: cril12
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: Ocotillo Canyon
  • Tax Parcel Letter: K
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Brick Veneer, Painted, Block
  • Roof: See Remarks, Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Heat Pump, Ceiling Fan(s)
  • Heating: Individual, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Annual Water Sewer Expense: 100.0

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 164-34-020-K

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Insurance Expense: 1601.0
  • Maintenance Expense: 1620.0
  • Property Net Operating Income: 25618.0
  • Annual Operating Expense: 5194.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 1573.0
  • Tax Book Number: 164.00
  • Tax Lot: 0

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Camelback East Village, AZ

  • Itzel Zimmer Real Estate Agent - HomeSmart

    Itzel Zimmer

    HomeSmart

    (623) 632-0911

    155 Total Sales

    2 in Camelback East Village

    $288K - $460K Price Range

    Itzel Zimmer
     Section Image
  • Sean O'Carroll Real Estate Agent - Citiea

    Sean O'Carroll

    Citiea

    (888) 597-5034

    193 Total Sales

    32 in Camelback East Village

    $200K - $2M Price Range

    Sean O'Carroll
     Section Image
  • Kristie McLeod Real Estate Agent - Century 21 Arizona Foothills

    Kristie McLeod

    Century 21 Arizona Foothills

    (623) 663-9168

    49 Total Sales

    3 in Camelback East Village

    $138K - $355K Price Range

    Kristie McLeod
     Section Image
  • Jasson Dellacroce Real Estate Agent - My Home Group Real Estate

    Jasson Dellacroce

    My Home Group Real Estate

    (623) 263-3610

    181 Total Sales

    8 in Camelback East Village

    $255K - $1.2M Price Range

    Jasson Dellacroce
     Section Image
  • Denise van den Bossche Real Estate Agent - Realty Executives Arizona Territory

    Denise van den Bossche

    Realty Executives Arizona Territory

    (623) 404-9451

    65 Total Sales

    8 in Camelback East Village

    $749K - $3.3M Price Range

    Denise van den Bossche
     Section Image
  • Nicholas Yale Real Estate Agent - Brokers Hub Realty, LLC

    Nicholas Yale

    Responds Quickly

    Brokers Hub Realty, LLC

    (888) 568-1365

    166 Total Sales

    16 in Camelback East Village

    $250K - $2M Price Range

    Nicholas Yale
     Section Image
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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
11/30/2015 11/30/15 Sold $290,000 -9.1% $184 / Sq Ft
09/23/2015 09/23/15 Pending -- -- --
08/13/2015 08/13/15 For Sale $319,000 -- $203 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Artur Ciesielski

    HomeSmart

    (602) 761-4600

    1 Total Sale

    Artur Ciesielski
    Section Image

  • J

    Seller Co-Listing Agent in 2015

    Joanna Zajusz

    HomeSmart

  • N

    Buyer's Agent in 2015

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5321156

Arizona Regional Multiple Listing Service (ARMLS)

APN: 164-34-020K

Arizona Maricopa County Phoenix 85016 Camelback East Village

1716 E Ocotillo Rd Unit A, Phoenix, AZ

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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