NOT LISTED FOR SALE
11 Beds
6 Baths
1,300 Sq Ft
1977 Built

Last Sold March 13, 2020

Last sale price $445,000 $342 Per Sq Ft

436 Days on Market

Highlights

  • Evaporated cooling system
  • Carpet
  • Heating Available

About This Home

As of March 2020

Redevelopment in the area. Strong rental market. Drive by Only. 100% occupied. Investor's dream in Northwest Phoenix- a great rental area with upward potential. 6 Park owned mobile homes and 1 rented lot. Well maintained complex. CAP Rate 9.13%
Zoned R4A- room for expansion.
Minutes to 101 and I-17 freeways, shopping and entertainment, hospital and medical offices, larger employers like USAA, PetSmart, Discover

Last Agent to Sell the Property

Natasha Tomlinson

eXp Realty License #SA563360000 Listed on: 11/09/2018

eXp Realty

Last Buyer's Agent

Crystal Sheldon

My Home Group Real Estate License #SA688330000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,292

Year Built

  • Built in 1977

Home Design

  • Built-Up Roof
  • Siding
  • Metal Construction or Metal Frame

Flooring

  • Carpet
  • Vinyl

Parking

  • 20 Open Parking Spaces
  • 21 Parking Spaces
  • 1 Covered Space

Schools

  • Paseo Hills Elementary School
  • Deer Valley Middle School
  • Barry Goldwater High School

Utilities

  • Evaporated cooling system
  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for trash collection, electricity, water, sewer, landscaping
  • Assessor Parcel Number 206-04-049

Community Details

Overview

  • 7 Buildings
  • 7 Units
  • Building Dimensions are 182.17 X 353.77
  • Park Bennett Subdivision

Building Details

  • Operating Expense $3,792
  • Gross Income $44,400
  • Net Operating Income $40,608

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,292

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Cross Street: N 27th Avenue & Deer Valley Road
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R4A
  • Number Of Buildings: 7
  • Ownership: Fee Simple
  • Year Built: 1977
  • Average Rent Double Wide: 558.0
  • Mobile Home Prk Info Avg Rent R V Spaces: 350.0
  • Mobile Home Prk Info Total Number Spaces: 7
  • Tax Year: 2018
  • Directions: North on Deer Valley Rd 0.25 miles to the property located on the West side of 27th Avenue. No For Sale sign.
  • Road Surface Type: Gravel, Dirt
  • Subdivision Name: PARK BENNETT
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: BI Oven/Range, F/S Oven/Range, Washer/Dryer, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Siding, Frame - Metal
  • Roof: Built-Up
  • Construction:Frame - Metal: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: <1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 21.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 21.0
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Evaporative Cooling, Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Paseo Hills Elementary
  • High School: Barry Goldwater High School
  • Junior High Dist: Deer Valley Unified District
  • Middle Or Junior School: Deer Valley Middle School

Lot Info

  • Lot Size: 182.17 X 353.77
  • Additional Parcels: No
  • Parcel #: 206-04-049

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Electricity, Water, Sewer, Landscaping
  • Number Of Units Total: 7
  • Annual Gross Income: 44400.0
  • Insurance Expense: 1500.0
  • Property Net Operating Income: 40608.0
  • Annual Operating Expense: 3792.0

Tax Info

  • Tax Annual Amount: 2292.0
  • Tax Book Number: 206.00
  • Tax Lot: -

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
03/13/2020 03/13/20 Sold $445,000 0.0% $342 / Sq Ft
02/29/2020 02/29/20 For Sale $445,000 0.0% $342 / Sq Ft
02/25/2020 02/25/20 For Sale $445,000 0.0% $342 / Sq Ft
05/30/2019 05/30/19 Price Changed $445,000 -6.3% $342 / Sq Ft
01/10/2019 01/10/19 Price Changed $475,000 -5.0% $365 / Sq Ft
11/09/2018 11/09/18 For Sale $500,000 +48.9% $385 / Sq Ft
07/20/2017 07/20/17 Sold $335,900 0.0% $258 / Sq Ft
05/21/2017 05/21/17 Price Changed $335,900 +3.1% $258 / Sq Ft
05/12/2017 05/12/17 For Sale $325,900 -- $251 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5844904

Arizona Regional Multiple Listing Service (ARMLS)