NOT LISTED FOR SALE
14 Beds
11 Baths
1,400 Sq Ft
1950 Built

Last Sold January 15, 2015

Last sale price $360,000 $257 Per Sq Ft

293 Days on Market

Highlights

  • Evaporated cooling system
  • Community Playground
  • Ceramic Tile Flooring
  • Phoenix Coding Academy Rated A
  • Community Barbecue Grill
  • Heating System Uses Natural Gas

About This Home

As of January 2015

Unique opportunity to own this 11 unit, Boutique style 1950 red brick apartment community, located within the Phoenix Historical Coronado District in the direct path of historical home renovations. 2012 new roof added, 10 units were updated with new kitchens, bathroom and flooring in 2012. 2012 upgrades also included some plumbing, paint, tile and carpet. Still needs some TLC to bring this property to it's full potential. Buyer understands purchase is based on ''AS IS'' condition. Sales price reflects recent appraisal. SALES
PRICE IS FIRM!

Escrow opened with Fidelity National Title Agency. Please contact Patti Graham at pgraham@fnf.com, 480-214-4554

Last Agent to Sell the Property

Dawn DeMarco

West USA Realty of Prescott License #BR524318000 Listed on: 02/12/2014

Last Buyer's Agent

Matthew Fulton

Pittman & Pittman Realty, LLC License #SA577627000

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Home Design

  • Brick Exterior Construction
  • Composition Roof

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 14 Open Parking Spaces
  • 14 Parking Spaces
  • Free Parking
  • Paved Parking
  • On-Street Parking

Schools

  • Phoenix Prep Academy Elementary And Middle School

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for gas, electricity, trash collection, water, sewer, landscaping
  • Tax Lot 1
  • Assessor Parcel Number 117-17-024-A

Community Details

Overview

  • 3 Buildings
  • 11 Units
  • Building Dimensions are IRR
  • Coronado Park Subdivision

Recreation

  • Community Playground

Additional Features

  • Community Barbecue Grill
  • Net Operating Income $23,562

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: M-H
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1950
  • Tax Year: 2013
  • Directions: 16th Street South of Thomas on West side of street.
  • Road Surface Type: Asphalt
  • Subdivision Name: Coronado Park
  • Tax Parcel Letter: A
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Brick
  • Roof: Composition

Garage/Parking

  • Parking Features: Paved Parking, Free, >1 Space Per Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 14.0
  • Total Parking Spaces: 14.0
  • General Property Description:Uncvrd Parking Spcs: 14.0
  • General Property Description:Total Parking Spcs: 14.0
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Evaporative Cooling
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Barbecue, Play Area, No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Community Amenities:Barbecue: Yes
  • Community Amenities:Play Area: Yes

Schools

  • Elementary School: Phoenix Prep Academy
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix Prep Academy

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 117-17-024-A

Multi Family

  • Owner Pays: Gas, Electricity, Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 11
  • Property Net Operating Income: 23562.18

Tax Info

  • Tax Book Number: 117.00
  • Tax Lot: 1

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
01/15/2015 01/15/15 Sold $360,000 -6.5% $257 / Sq Ft
12/02/2014 12/02/14 Pending -- -- --
02/12/2014 02/12/14 For Sale $385,000 -- $275 / 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: 5071481

Arizona Regional Multiple Listing Service (ARMLS)