$304,400
SOLD JUL 2, 2013
-- Bed
-- Bath
450 Sq Ft
1946 Built

Recently Sold

$676 Per Sq Ft

17% Below List Price

20 Days on Market

Highlights

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

About This Home

As of August 2018

15 Units are 2bd 1bath and 1 unit 1bd 1 bath. Investors this is money maker. currently there are only 2 vacancy. buyer to verify all figures and measurements.
Do not disturb tenants, drive by only.

Last Agent to Sell the Property

Arturo Rubi

Rubi Realty License #BR038691000

Last Buyer's Agent

Brent Benger

eXp Realty License #SA626812000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,158

Year Built

  • Built in 1946

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Vinyl Flooring

Parking

  • 16 Open Parking Spaces
  • 16 Parking Spaces

Schools

  • Cesar Chavez High Elementary School
  • Percy L Julian Middle School
  • South Mountain High School

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Master Water Meter

Listing and Financial Details

  • The owner pays for gas, electricity, trash collection, water, sewer, landscaping
  • Tax Lot 9
  • Assessor Parcel Number 113-11-029

Community Details

Overview

  • 12 Buildings
  • 16 Units
  • Building Dimensions are 49223
  • Jobe Tract Subdivision

Building Details

  • Gross Income $97,740
  • Net Operating Income $61,383

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,158

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Cross Street: CENTRAL AND BROADWAY
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R34
  • Number Of Buildings: 12
  • Ownership: Fee Simple
  • Year Built: 1946
  • Tax Year: 2012
  • Directions: NORTH FROM BROADWAY TO ILLINI, EAST TO PROPERTY
  • Road Surface Type: Asphalt
  • Subdivision Name: JOBE TRACT
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 16.0
  • Total Parking Spaces: 16.0
  • General Property Description:Uncvrd Parking Spcs: 16.0
  • General Property Description:Total Parking Spcs: 16.0

Utilities

  • Electric: SRP, Master Meter
  • Cooling: Evaporative Cooling
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Natural Gas: Yes
  • Electric Master Meter: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Fuel Expense: 4501.0
  • Annual Water Sewer Expense: 14805.0

Schools

  • Elementary School: Cesar Chavez High School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Percy L Julian School

Lot Info

  • Lot Size: 49223
  • Additional Parcels: No
  • Parcel #: 113-11-029

Multi Family

  • Owner Pays: Gas, Electricity, Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: None
  • Number Of Units Total: 16
  • Electric Expense: 11857.0
  • Annual Gross Income: 97740.0
  • Insurance Expense: 2794.0
  • Maintenance Expense: 2400.0
  • Property Net Operating Income: 61383.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 2158.0
  • Tax Book Number: 113.00
  • Tax Lot: 9

Map

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
03/07/2025 03/07/25 Price Changed $2,224,000 -10.9% --
01/24/2025 01/24/25 For Sale $2,496,000 +183.6% --
08/10/2018 08/10/18 Sold $880,000 -10.7% $1,956 / Sq Ft
07/07/2018 07/07/18 Price Changed $985,000 0.0% $2,189 / Sq Ft
06/19/2018 06/19/18 Pending -- -- --
05/19/2018 05/19/18 For Sale $985,000 +36.8% $2,189 / Sq Ft
12/06/2016 12/06/16 Sold $720,000 -0.7% $1,600 / Sq Ft
09/12/2016 09/12/16 For Sale $725,000 +45.0% $1,611 / Sq Ft
03/31/2016 03/31/16 Sold $500,000 -9.1% $1,111 / Sq Ft
03/07/2016 03/07/16 Pending -- -- --
11/12/2015 11/12/15 For Sale $550,000 +80.7% $1,222 / Sq Ft
07/02/2013 07/02/13 Sold $304,400 -17.3% $676 / Sq Ft
05/13/2013 05/13/13 Pending -- -- --
04/23/2013 04/23/13 For Sale $368,000 -- $818 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4925281

Arizona Regional Multiple Listing Service (ARMLS)