NOT LISTED FOR SALE

1920 N 32nd St Phoenix, AZ 85008

Camelback East Village Neighborhood
28 Beds
-- Bath
1,450 Sq Ft
1981 Built

Last Sold April 12, 2016

Last sale price $1,600,000 $1,103 Per Sq Ft

44 Days on Market

Highlights

  • Cooling Available
  • Resident Manager or Management On Site
  • No Heating
  • Phoenix Coding Academy Rated A
  • Ceramic Tile Flooring

About This Home

As of April 2016

PLEASE DO NOT WALK PROPERTY WITHOUT AN APPOINTMENT. Well maintained building with a new roof, new exterior paint, security screens, onsite laundry, refurbished kitchens, leasing office, owner storage, beautiful low maintenance/water usage landscaping. If you are looking for a turn key property, this is the one for you. Current owner has owned the property for about 5 years and has kept the property in top shape. 14 of the 24 units have tenants that have been there for over two years.Great location. Minutes to Downtown Phoenix and it venues to include US Airways Center, Arizona State University, Chase Field, The University of Arizona College of Medicine - Phoenix, and much more. Located within a mile from three major highways, SR51, Loop 202, and I10. Walking distance to bus stop.

Last Agent to Sell the Property

Brian Gaffney

Better Homes & Gardens Real Estate SJ Fowler License #BR536606000 Listed on: 02/17/2016

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Joshua Ax

Caldwell Property Solutions, Inc License #SA653368000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,146

Year Built

  • Built in 1981

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Flooring

  • Ceramic Tile Flooring

Parking

  • 12 Open Parking Spaces
  • 36 Parking Spaces
  • 24 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • No Heating

Listing and Financial Details

  • The owner pays for trash collection, water, sewer, landscaping
  • Assessor Parcel Number 120-20-048-C

Community Details

Overview

  • 24 Units
  • Building Dimensions are 89 X 268

Building Details

  • Operating Expense $79,486
  • Gross Income $206,682
  • Net Operating Income $127,316

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,146

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Cross Street: 32ND ST & THOMAS
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1981
  • Tax Year: 2015
  • Road Surface Type: Asphalt
  • Professional Management Expense: 10340.0
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 24.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 36.0
  • General Property Description:Covered Parking Spcs: 24.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 36.0
  • Parking:Carport: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: None
  • Cooling Y N: Yes
  • Heating Yn: No
  • Water Source: City Franchise
  • Heating:None29: Yes

Condo/Co-op/Association

  • Community Features: Manager Res/Office, No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Community Amenities:Manager ResOffice: Yes

Fee Information

  • Trash Expense: 1800.0
  • Annual Water Sewer Expense: 9600.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 89 X 268
  • Additional Parcels: No
  • Parcel #: 120-20-048-C

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: See Remarks
  • Number Of Units Total: 24
  • Electric Expense: 30300.0
  • Annual Gross Income: 206682.0
  • Insurance Expense: 3500.0
  • Maintenance Expense: 14400.0
  • Property Net Operating Income: 127316.0
  • Annual Operating Expense: 79486.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 7146.0
  • Tax Book Number: 120.00
  • Tax Lot: 0

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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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
04/12/2016 04/12/16 Sold $1,600,000 -8.6% $1,103 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $1,750,000 -- $1,207 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brian Gaffney

    Seller's Agent in 2016

    Brian Gaffney

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 264-8400

    1 in this area

    21 Total Sales

    Brian Gaffney
    Section Image

  • J

    Buyer's Agent in 2016

    Joshua Ax

    Caldwell Property Solutions, Inc

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5400015

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Phoenix 85008 Camelback East Village

1920 N 32nd St, 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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