E
Seller's Agent in 2018
Emily Weaver
Open House Realty
(623) 204-5454
1 in this area
15 Total Sales
2242 E Taylor St Unit 5 Phoenix, AZ 85006
Central City Neighborhood
11
Beds
5
Baths
1,572
Sq Ft
1944
Built
Highlights
- Ceramic Tile Flooring
- Central Air
- Heating Available
- Phoenix Coding Academy Rated A
About This Home
As of August 2018GREAT CAP RATE, ALL UNITS RENTED, low vacancy area!! Fantastic location close to the airport, light rail and downtown Phoenix. Investor has done all of the heavy lifting. New electric panels/ 2 yrs old, hot water heaters/3 yrs old, NEW 2 ton A/C units. Investor has also done minor updates to the interiors as leases expire. New leases include 6% escalator clause. Anchored by (2) 3BR/1BA, (2) 2BR/1BA & (1) 1BR/1BA. On a large lot with ample off-street parking as the property is fenced..10 spots!! Lots of development in this area. Best multi-unit property value in the Phoenix area
Last Agent to Sell the Property
Open House Realty License #SA668881000 Listed on: 05/25/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $893
Year Built
- Built in 1944
Home Design
- Wood Frame Construction
- Composition Roof
- Stucco
Flooring
- Ceramic Tile Flooring
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- Tenant pays for electricity, cable TV
- The owner pays for trash collection, water, sewer, landscaping
- Legal Lot and Block 37 / 1
- Assessor Parcel Number 116-01-043
Community Details
Overview
- 5 Units
- Building Dimensions are 9687
- Aviation Homesites Subdivision
Building Details
- Operating Expense $4,842
- Gross Income $37,306
- Net Operating Income $33,558
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/10/2018 08/10/18 | Sold | $257,000 | -7.9% | $163 / Sq Ft |
| 05/25/2018 05/25/18 | For Sale | $279,000 | -- | $177 / 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 | $1,093 | $7,833 | -- | -- |
| 2024 | $1,026 | $7,460 | -- | -- |
| 2023 | $1,026 | $39,160 | $7,830 | $31,330 |
| 2022 | $967 | $27,620 | $5,520 | $22,100 |
| 2021 | $981 | $23,480 | $4,690 | $18,790 |
| 2020 | $977 | $19,200 | $3,840 | $15,360 |
| 2019 | $973 | $16,100 | $3,220 | $12,880 |
| 2018 | $961 | $12,930 | $2,580 | $10,350 |
| 2017 | $893 | $11,750 | $2,350 | $9,400 |
| 2016 | $915 | $8,800 | $1,760 | $7,040 |
| 2015 | $850 | $7,880 | $1,570 | $6,310 |
Source: Public Records
Agents Affiliated with this Home
-
Emily Weaver
-
Rachel Krill
Buyer's Agent in 2018
Rachel Krill
Real Broker
(928) 246-4714
2 in this area
225 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5771452
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.
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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