NOT LISTED FOR SALE
18 Beds
9 Baths
862 Sq Ft
1985 Built

Last Sold March 31, 2022

Last sale price $2,600,000 $3,016 Per Sq Ft

98 Days on Market

Highlights

  • Cooling Available
  • Central Heating
  • Ceiling Fan
  • Phoenix Coding Academy Rated A

About This Home

As of March 2022

T H E D U F F is a nine-unit apartment community positioned in thegeographical heart of the Phoenix MSA offering outstanding connectivity to pivotal Valley submarkets, including Phoenix, Scottsdale, Tempe, Glendale, and the greater southeast Valley. Within a ten-mile radius, the property is afforded access to ±581,100 employees at companies such as Charles Schwab, Yelp, State Farm, Wells Fargo, Honeywell, and General Dynamics as well as outstanding reach to Greater Phoenix's best hospitals inclusive of Banner University Medical Center, Valleywise Health Medical Centers, and
Honorhealth Scottsdale Osborn Medical Center. The Duff is also presented access to a growing culinary scene with hotspots across central Phoenix and Scottsdale featuring one-of-a-kind, local restaurants and nightlife options complemented by the mainstay retail + dining locations of downtown Tempe, Tempe Marketplace, Biltmore Fashion Center, and Scottsdale Fashion Square. Developed in 1985, The Duff is comprised of a complementary mix of two-and three-bedroom floorplans - all units averaging 967 square feet. Future ownership will have the opportunity to capitalize on sustained rental growth due to it's rapidly-improving prime location.

Last Agent to Sell the Property

Adam Ottosen

Real Broker License #SA585471000 Listed on: 09/29/2021

Real Broker

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,532

Year Built

  • Built in 1985

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

  • 3 Open Parking Spaces
  • 15 Parking Spaces
  • 12 Covered Spaces

Schools

  • Orangedale Junior High Prep Academy
  • Camelback High School

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 11
  • Assessor Parcel Number 126-21-007

Community Details

Overview

  • 2 Buildings
  • 9 Units
  • Building Dimensions are 23522
  • Orangedale Tract 11,13,14,15 Subdivision

Building Details

  • Operating Expense $3,532
  • Gross Income $146,213

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,532

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: 51st Street & McDowell
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Year Built: 1985
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Subdivision Name: ORANGEDALE TRACT 11,13,14,15
  • 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: None
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 12.0
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 15.0
  • General Property Description:Covered Parking Spcs: 12.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 15.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric, Ceiling Fan(s)
  • Heating: Central, Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Orangedale Junior High Prep Academy
  • High School: Camelback High School
  • Middle Or Junior School: Orangedale Junior High Prep Academy

Lot Info

  • Lot Size: 23522
  • Additional Parcels: No
  • Parcel #: 126-21-007

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 9
  • Annual Gross Income: 146212.6
  • Annual Operating Expense: 3532.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 3532.0
  • Tax Book Number: 126.00
  • Tax Lot: 11
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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 Prior Sale
03/31/2022 03/31/22 Sold $2,600,000 -1.9% $3,016 / Sq Ft
12/26/2021 12/26/21 Pending -- -- --
09/19/2021 09/19/21 For Sale $2,650,000 +141.5% $3,074 / Sq Ft
09/04/2020 09/04/20 Sold $1,097,500 -21.0% $1,273 / Sq Ft View Prior Sale
09/01/2020 09/01/20 For Sale $1,390,000 0.0% $1,613 / Sq Ft
09/01/2020 09/01/20 Price Changed $1,390,000 0.0% $1,613 / Sq Ft
08/01/2020 08/01/20 For Sale $1,390,000 -- $1,613 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,866 $30,290 -- --
2024 $3,603 $28,848 -- --
2023 $3,603 $128,910 $25,780 $103,130
2022 $3,474 $95,460 $19,090 $76,370
2021 $3,532 $81,320 $16,260 $65,060
2020 $3,466 $72,170 $14,430 $57,740
2019 $3,453 $65,230 $13,040 $52,190
2018 $3,253 $55,550 $11,110 $44,440
2017 $3,116 $48,420 $9,680 $38,740
2016 $3,048 $40,610 $8,120 $32,490
2015 $2,861 $30,300 $6,060 $24,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6300141

Arizona Regional Multiple Listing Service (ARMLS)
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