NOT LISTED FOR SALE

Estimated Value: $465,751 - $681,000

Studio
4 Baths
1,000 Sq Ft
$563/Sq Ft Est. Value

Sale Details

Date Sold: September 29, 2015

Last sale price $230,000 $230 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $3,664 / mo

3 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of September 2015

A terrific investment opportunity in the heart of Phoenix at Osborn Rd and the 51. Four units for $225,000 is a bargain! Act now, because this one will sell fast. It’s virtually maintenance free – block construction, new roof, new hvac units, new doors and new windows. Each unit has its own meter for gas and electric. Three units are one bed, one bath, 650 square feet and rent for $550.00. The fourth unit is a 300 square foot studio that rents for $400.00. Rents in the area are substantially higher averaging $600-$650 for comparable units. There are month-to-month tenants in three units. The owner occupies one unit but will vacate upon COE.

Last Agent to Sell the Property

Haines Meyer

Prime House LLC License #SA572510000 Listed on: 09/03/2015

Last Buyer's Agent

Brad Jensen

RE/MAX Fine Properties License #BR651029000

RE/MAX Fine Properties
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $787

Year Built

  • Built in 1961

Lot Details

  • 8,146

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Wood
  • Concrete

Parking

  • 1 Open Parking Space
  • 4 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Assessor Parcel Number 119-22-126-D

Community Details

Overview

  • 4 Units
  • Building Dimensions are 8125

Building Details

  • Gross Income $25,080
  • Net Operating Income $22,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$787

Year Built

Built in 1961

Lot Details

8,146 Sq Ft Lot

Listing Details

  • Cross Street: 20th Street and Osborn Road
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Year Built: 1961
  • Tax Year: 2013
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood, Concrete
  • Appliances Included:FS OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Water Sewer Expense: 1300.0

Lot Info

  • Lot Size: 8125
  • Additional Parcels: No
  • Parcel #: 119-22-126-D

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 25080.0
  • Insurance Expense: 787.0
  • Maintenance Expense: 1500.0
  • Property Net Operating Income: 22280.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 787.0
  • Tax Book Number: 119.00
  • Tax Lot: n/a

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Camelback East Village, AZ

See All Agents

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/29/2015 09/29/15 Sold $230,000 +2.2% $230 / Sq Ft
09/06/2015 09/06/15 Pending -- -- --
09/03/2015 09/03/15 For Sale $225,000 -- $225 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5329547

Arizona Regional Multiple Listing Service (ARMLS)

APN: 119-22-126D

Your Personal Tour Guide

Ask me questions while you tour the home.