NOT LISTED FOR SALE

2330 W Lone Cactus Dr Phoenix, AZ 85027

Happy Valley Neighborhood
2 Beds
2 Baths
875 Sq Ft
1983 Built

Last Sold July 30, 2021

Last sale price $1,675,000 $1,914 Per Sq Ft

110 Days on Market

Highlights

  • Central Air
  • Ceiling Fan
  • Heating Available

About This Home

As of July 2021

This 12 unit property is an investor's dream! 100% occupied and all units are 2 bedroom 2 baths. Units average 864 square feet. There have been major renovations in the last few years. Property is performing well and there is room for upside.

Last Agent to Sell the Property

S. Curtis Wieler

Century 21 Arizona Foothills License #BR560263000 Listed on: 01/13/2021

Century 21 Arizona Foothills

Last Buyer's Agent

Dalat Nguyen

eXp Realty License #SA534495000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,874

Year Built

  • Built in 1983

Home Design

  • Wood Frame Construction
  • Stucco

Interior Spaces

  • Ceiling Fan

Parking

  • 15 Open Parking Spaces
  • 15 Parking Spaces

Utilities

  • Central Air
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 23
  • Assessor Parcel Number 209-07-023-D

Community Details

Overview

  • 12 Units
  • Building Dimensions are 13094
  • Black Canyon Heights Subdivision

Building Details

  • Operating Expense $24,274
  • Gross Income $123,120
  • Net Operating Income $98,846

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,874

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: Deer Valley/ 23rd Ave
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Year Built: 1983
  • Tax Year: 2020
  • Directions: South on 23rd Ave West on Lone Cactus, on the north side of the street
  • Road Surface Type: Asphalt
  • Subdivision Name: BLACK CANYON HEIGHTS
  • Tax Parcel Letter: D
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Rolled/Hot Mop
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 15.0
  • Total Parking Spaces: 15.0
  • General Property Description:Uncvrd Parking Spcs: 15.0
  • General Property Description:Total Parking Spcs: 15.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C, Individual, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 4400.0
  • Annual Water Sewer Expense: 8500.0

Lot Info

  • Lot Size: 13094
  • Additional Parcels: No
  • Parcel #: 209-07-023-D

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 12
  • Electric Expense: 2400.0
  • Annual Gross Income: 123120.0
  • Insurance Expense: 3500.0
  • Property Net Operating Income: 98846.0
  • Annual Operating Expense: 24274.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 3874.0
  • Tax Book Number: 209.00
  • Tax Lot: 23

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
07/30/2021 07/30/21 Sold $1,675,000 -5.6% $1,914 / Sq Ft
07/09/2021 07/09/21 For Sale $1,775,000 0.0% $2,029 / Sq Ft
07/09/2021 07/09/21 Price Changed $1,775,000 0.0% $2,029 / Sq Ft
06/09/2021 06/09/21 For Sale $1,775,000 0.0% $2,029 / Sq Ft
06/09/2021 06/09/21 Price Changed $1,775,000 0.0% $2,029 / Sq Ft
01/13/2021 01/13/21 For Sale $1,775,000 +74.0% $2,029 / Sq Ft
11/09/2018 11/09/18 Sold $1,020,000 -10.5% $1,166 / Sq Ft
10/09/2018 10/09/18 Price Changed $1,140,000 0.0% $1,303 / Sq Ft
09/06/2018 09/06/18 Pending -- -- --
08/06/2018 08/06/18 Pending -- -- --
07/24/2018 07/24/18 Price Changed $1,140,000 -3.0% $1,303 / Sq Ft
07/12/2018 07/12/18 Price Changed $1,175,000 -2.0% $1,343 / Sq Ft
06/11/2018 06/11/18 For Sale $1,199,000 0.0% $1,370 / Sq Ft
06/07/2018 06/07/18 Pending -- -- --
05/25/2018 05/25/18 For Sale $1,199,000 +99.8% $1,370 / Sq Ft
11/25/2015 11/25/15 Sold $600,000 -4.0% $686 / Sq Ft
11/02/2015 11/02/15 Pending -- -- --
09/21/2015 09/21/15 For Sale $625,000 0.0% $714 / Sq Ft
09/14/2015 09/14/15 Price Changed $675 0.0% $1 / Sq Ft
09/14/2015 09/14/15 For Rent $675 -2.9% --
08/01/2015 08/01/15 Rented $695 0.0% --
06/16/2015 06/16/15 Off Market $695 -- --
06/16/2015 06/16/15 For Rent $695 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    S. Curtis Wieler

    Century 21 Arizona Foothills

    (480) 776-0001

    1 in this area

    44 Total Sales

    S. Curtis Wieler
    Section Image

  • D

    Buyer's Agent in 2021

    Dalat Nguyen

    eXp Realty

    Section Image
  • Joshua Ezell

    Seller's Agent in 2018

    Joshua Ezell

    Breakthrough Real Estate & Property Management

    (602) 821-7460

    9 Total Sales

    Joshua Ezell
    Section Image
  • Darryl Bingham

    Seller Co-Listing Agent in 2018

    Darryl Bingham

    Coldwell Banker Realty

    (602) 373-9917

    25 Total Sales

    Darryl Bingham
    Section Image

  • N

    Buyer's Agent in 2018

    Non-MLS Agent

    Non-MLS Office

  • L

    Seller's Agent in 2015

    Lori Souza

    Connect Realty.com Inc.

    (602) 432-3296

    7 Total Sales

    Lori Souza
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6180387

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Phoenix 85027 Happy Valley

2330 W Lone Cactus Dr, Phoenix, AZ

This home is located at 2330 W Lone Cactus Dr, Phoenix, AZ 85027 since 13 January 2021. This property was built in 1983. 2330 W Lone Cactus Dr is a home located in Maricopa County with nearby schools including Esperanza Elementary School, Deer Valley Middle School, and Barry Goldwater High School.

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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