NOT LISTED FOR SALE

2201 W Heatherbrae Dr Phoenix, AZ 85015

Alhambra Neighborhood
46 Beds
-- Bath
750 Sq Ft
1962 Built

Last Sold September 15, 2017

Last sale price $1,515,000 $2,020 Per Sq Ft

36 Days on Market

Highlights

  • Heated Community Pool
  • Cooling Available
  • Individual Controls for Heating
  • Phoenix Coding Academy Rated A

About This Home

As of September 2017

West Heatherbrae is an attractive single-story 23-unit, garden-style community located in a desirable central Phoenix neighborhood. The property is situated just north of Indian School Road and east of 23rd Avenue. Built in 1962 the property is made of block construction with pitched composition shingle roofs, and is individually-metered for electricity. The community's unit mix consists of all two-bedroom/one-bath floor plans that are spacious, well designed and average approximately 750 square feet. Interior unit amenities include full appointed kitchens with full-size electric appliances, ceiling fans, and vertical blinds.

Last Agent to Sell the Property

Jeff Seaman

CBRE, Inc License #SA551921000 Listed on: 07/25/2017

Last Buyer's Agent

Stacy Fitzgerald

BLD Real Estate License #BR572835000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,384

Year Built

  • Built in 1962

Lot Details

  • Additional Parcels

Home Design

  • Foam Roof
  • Block Exterior

Parking

  • 25 Open Parking Spaces
  • 25 Parking Spaces

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 1
  • Assessor Parcel Number 154-29-042-C

Community Details

Overview

  • 7 Buildings
  • 23 Units
  • Building Dimensions are 458.79' x 107.89' x 323.18' x 130.82'
  • Indian Wells Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $6,384
  • Gross Income $165,410
  • Net Operating Income $98,677

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,384

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: W. Heatherbrae Dr. & W, Devonshire Ave.
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 7
  • Year Built: 1962
  • Tax Year: 2016
  • Road Surface Type: Asphalt
  • Subdivision Name: INDIAN WELLS
  • Tax Parcel Letter: C
  • 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, Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 25.0
  • Total Parking Spaces: 25.0
  • General Property Description:Uncvrd Parking Spcs: 25.0
  • General Property Description:Total Parking Spcs: 25.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: Individual Meter
  • Cooling: Individual, Electric
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:Pool2: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Lot Info

  • Lot Size: 458.79' x 107.89' x 323.18' x 130.82'
  • Additional Parcels: Yes
  • Parcel #: 154-29-042-C

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 23
  • Annual Gross Income: 165410.4
  • Property Net Operating Income: 98677.0
  • Annual Operating Expense: 6383.5
  • Vacancy Allowance Rate: 0.18

Tax Info

  • Tax Annual Amount: 6383.5
  • Tax Book Number: 154.00
  • Tax Lot: 1

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
09/15/2017 09/15/17 Sold $1,515,000 -5.3% $2,020 / Sq Ft
07/25/2017 07/25/17 For Sale $1,600,000 +128.6% $2,133 / Sq Ft
11/29/2013 11/29/13 Sold $700,000 -6.7% $933 / Sq Ft
10/16/2013 10/16/13 Pending -- -- --
10/08/2013 10/08/13 For Sale $750,000 -- $1,000 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jeff Seaman

    CBRE, Inc

    Section Image
  • Stacy Fitzgerald

    Buyer's Agent in 2017

    Stacy Fitzgerald

    BLD Real Estate

    (623) 826-5729

    11 Total Sales

    Stacy Fitzgerald
    Section Image

  • B

    Seller's Agent in 2013

    Bradley Goff

    Newmark Multifamily

    (602) 252-4232

    1 Total Sale

    Bradley Goff
    Section Image
  • Patrick O'Sullivan

    Buyer's Agent in 2013

    Patrick O'Sullivan

    Get Multifamily

    (602) 842-5050

    1 in this area

    29 Total Sales

    Patrick O'Sullivan
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5637591

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Phoenix 85015 Alhambra

2201 W Heatherbrae Dr, Phoenix, AZ

This home is located at 2201 W Heatherbrae Dr, Phoenix, AZ 85015 since 25 July 2017. This property was built in 1962. 2201 W Heatherbrae Dr is a home located in Maricopa County with nearby schools including Westwood Primary School, Choice Learning Academy, and Phoenix Coding Academy.

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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