$282,000
SOLD OCT 6, 2015
-- Bed
-- Bath
2,435 Sq Ft
0.3 Acres

Recently Sold

$116 Per Sq Ft

6% Below List Price

71 Days on Market

Highlights

  • Evaporated cooling system
  • Phoenix Coding Academy Rated A
  • Heating System Uses Natural Gas

About This Home

As of July 2018

WOW Seller is motivated bring your offer's now! This is a fully rented cash cow!!! This is portfoilo sale of 1926 N 26th Pl and 2020 N 26th Pl. Two lots so it could be regular finacing. There is 4 individual homes on lot 1926 and 3 individual homes on lot 2020. These are actual rents. Great Investment Opportunity!! 3 Homes on one large lot. Two 2 bed 1 bath homes and One 3 bed 1 bath homes. All homes are currently rented with a steady flow of income for a new buyer to take over. Over 10% cap. Separate Gas and Electric meters on each unit. All facts and figures are approximate buyer verify MLS info. Drive by only

Last Agent to Sell the Property

Sophia Baron

Grace CRE License #BR648866000

Co-Listed By

Baylee Estrada

Keller Williams Arizona Realty License #BR654361000

Last Buyer's Agent

Monica Coker

HomeSmart License #SA641419000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,008

Year Built

  • Built in 1945

Home Design

  • Wood Frame Construction
  • Composition Roof

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Schools

  • Monte Vista Elementary School
  • Camelback High School

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 120-30-034-A

Community Details

Overview

  • 7 Buildings
  • 7 Units
  • Building Dimensions are 251 ft X 50 ft
  • Sunset Acres Subdivision

Building Details

  • Operating Expense $13,453
  • Gross Income $44,175
  • Net Operating Income $31,730

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,008

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Cross Street: 24th St and McDowell
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 7
  • Year Built: 1945
  • Tax Year: 2014
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sjfl01
  • Co List Office Phone: 480-649-3536
  • Subdivision Name: Sunset Acres
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Seller Prop Disc Stm, Other (See Remarks)
  • Construction Type: Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: 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:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Evaporative Cooling, Wall/Window Unit(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 1500.0
  • Annual Water Sewer Expense: 3000.0

Schools

  • Elementary School: Monte Vista Elementary School
  • High School: Camelback High School
  • Middle Or Junior School: Monte Vista Elementary School

Lot Info

  • Lot Size: 251 ft X 50 ft
  • Additional Parcels: No
  • Parcel #: 120-30-034-A

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 44175.0
  • Insurance Expense: 2200.0
  • Maintenance Expense: 3000.0
  • Property Net Operating Income: 31730.0
  • Annual Operating Expense: 13453.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1008.0
  • Tax Book Number: 120.00
  • Tax Lot: 24

Map

Range of Values:

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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 Change Sq Ft Price
07/18/2018 07/18/18 Sold $191,000 +6.1% $78 / Sq Ft
06/05/2018 06/05/18 Pending -- -- --
05/29/2018 05/29/18 For Sale $180,000 -36.2% $74 / Sq Ft
10/06/2015 10/06/15 Sold $282,000 +113.6% $116 / Sq Ft
10/06/2015 10/06/15 Sold $132,000 -12.0% $54 / Sq Ft
08/13/2015 08/13/15 Pending -- -- --
08/10/2015 08/10/15 Pending -- -- --
07/13/2015 07/13/15 For Sale $150,000 -49.8% $62 / Sq Ft
06/03/2015 06/03/15 For Sale $299,000 -- $123 / 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 $1,415 $10,882 -- --
2024 $1,398 $10,364 -- --
2023 $1,398 $30,970 $6,190 $24,780
2022 $1,343 $23,350 $4,670 $18,680
2021 $1,376 $22,000 $4,400 $17,600
2020 $1,343 $17,010 $3,400 $13,610
2019 $1,333 $13,760 $2,750 $11,010
2018 $1,306 $11,550 $2,310 $9,240
2017 $1,255 $9,630 $1,920 $7,710
2016 $1,207 $11,250 $2,250 $9,000
2015 $1,123 $9,850 $1,970 $7,880
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $143,250 New Conventional
Previous Owner $99,000 New Conventional
Previous Owner $146,300 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Accommodation
Deed -- Driggs Title Agency Inc
Warranty Deed $191,000 Driggs Title Agency Inc
Warranty Deed $132,000 American Title Svc Agency Ll
Warranty Deed $80,000 Pioneer Title Agency Inc
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- Sonoran Title Services Inc
Cash Sale Deed $55,100 Sonoran Title Services Inc
Warranty Deed $154,000 Arizona Title Agency Inc
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5288770

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-30-034A