NOT LISTED FOR SALE
24 Beds
-- Bath
1,625 Sq Ft
1963 Built

Last Sold February 12, 2015

Last sale price $375,000 $231 Per Sq Ft

59 Days on Market

Highlights

  • Community Playground
  • Central Air
  • Heating System Uses Natural Gas
  • Sunnyslope High School Rated A

About This Home

As of February 2015

Previous buyer couldn't obtain financing!! Great investment opportunity on this 16-unit apartment complex plus laundry room and potential vending income. Great fix and flip or long term hold potential. City of Phoenix allows up to 27 units on the property. Must have appointment to see. Please Do Not disturb tenants.

Last Agent to Sell the Property

Lucky Espiritu

DeLex Realty License #SA641737000 Listed on: 12/02/2014

DeLex Realty

Last Buyer's Agent

Leonardo Sanchez

Mynd Property Management License #BR547766000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,693

Year Built

  • Built in 1963

Lot Details

  • Additional Parcels

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 30 Open Parking Spaces
  • 30 Parking Spaces
  • Assigned Parking

Schools

  • Sunnyslope Elementary School
  • Glendale High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 6
  • Assessor Parcel Number 158-21-066

Community Details

Overview

  • 2 Buildings
  • 16 Units
  • Building Dimensions are 200 x 200
  • Idle Easy Subdivision

Recreation

  • Community Playground

Building Details

  • Operating Expense $19,120
  • Gross Income $73,160
  • Net Operating Income $51,957

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,693

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Cross Street: 19th AVE and Dunlap AVE
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 2
  • Year Built: 1963
  • Tax Year: 2014
  • Directions: I17 and Dunlap Ave. east to 19th Ave, North to Mountain View, then East to property.
  • Road Surface Type: Asphalt
  • Subdivision Name: Idle Easy
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: See Remarks, Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 30.0
  • Total Parking Spaces: 30.0
  • General Property Description:Uncvrd Parking Spcs: 30.0
  • General Property Description:Total Parking Spcs: 30.0
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Exterior Amenities:RVBoat Parking: Yes
  • Parking:RVBoat Parking2: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Other, See Remarks, Play Area, No Pool

Association/Amenities

  • Community Amenities:Other18: Yes
  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Community Amenities:See Remarks15: Yes
  • Community Amenities:Play Area: Yes

Fee Information

  • Trash Expense: 2508.0
  • Annual Water Sewer Expense: 7068.0

Schools

  • Elementary School: Sunnyslope Elementary School
  • High School: Glendale High School

Lot Info

  • Lot Size: 200 x 200
  • Additional Parcels: Yes
  • Parcel #: 158-21-066

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 16
  • Electric Expense: 1977.0
  • Annual Gross Income: 73159.5
  • Insurance Expense: 2700.0
  • Maintenance Expense: 1174.0
  • Property Net Operating Income: 51957.0
  • Annual Operating Expense: 19119.88
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 3692.88
  • Tax Book Number: 158.00
  • Tax Lot: 6

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
02/12/2015 02/12/15 Sold $375,000 -6.2% $231 / Sq Ft
01/29/2015 01/29/15 Pending -- -- --
12/01/2014 12/01/14 For Sale $399,999 -- $246 / 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: 5206089

Arizona Regional Multiple Listing Service (ARMLS)