NOT LISTED FOR SALE

1716 E Ocotillo Rd Unit B Phoenix, AZ 85016

Camelback East Village Neighborhood
6 Beds
4 Baths
1,575 Sq Ft
1963 Built

Last Sold November 18, 2015

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

41 Days on Market

Highlights

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

About This Home

As of November 2015

North Central / Biltmore area turnkey property that's easy to own and manage. Located in a prime area near desirable destinations: shopping - Sprouts, Hiking - Phoenix Mountains, a park, the freeway, Biltmore area and near major dining centers. Newer plumbing - including main, many newer appliances and water heaters and a/c units. The property features spacious units, many with private yards and other amenities that keep them rented. Many long term tenants, thus some rents are below market. Available separately or together with 1716 A MLS No. 5321156, for an attractive 8 unit investment. Attractive low maintenance landscaping: lots of recent improvements and growing future potential.

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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,573

Year Built

  • Built in 1963

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-L

Community Details

Overview

  • 4 Units
  • Building Dimensions are 12623
  • 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

0

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: L
  • 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: 12623
  • Additional Parcels: No
  • Parcel #: 164-34-020-L

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
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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
11/18/2015 11/18/15 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 in this area

    2 Total Sales

    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: 5321181

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Phoenix 85016 Camelback East Village

1716 E Ocotillo Rd Unit B, Phoenix, AZ

Not Listed for Sale

MultiFamily

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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