NOT LISTED FOR SALE

240 E Ruth Ave Phoenix, AZ 85020

North Central Neighborhood
2 Beds
1 Bath
830 Sq Ft
0.34 Acres

Last Sold December 31, 2012

Last sale price $475,000 $572 Per Sq Ft

117 Days on Market

Highlights

  • Central Air
  • Sunnyslope High School Rated A
  • Heating Available

About This Home

As of December 2012

Angel Apartments is a two-story, 14-unit apartment complex located in North Central Phoenix just east of Central Avenue.this apartment building offers concrete construction, individual electric metering, pitched roofs and concrete stairs and walkways.All have been updated but 3 units. 4 1 bedrooms rented at $425, 52 bedrooms rented at $450, and 1 2 bedroom rented at $525, 4 2 bedroom units are vacant! Email for Pro forma

Last Agent to Sell the Property

Tanya Marchiol

Team Investments License #BR531103000 Listed on: 08/16/2012

Last Buyer's Agent

Tanya Marchiol

Valleywide Premier Properties, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,055

Year Built

  • Built in 1983

Lot Details

  • 0.34

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Parking

  • 19 Open Parking Spaces
  • 19 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 2
  • Assessor Parcel Number 160-51-054

Community Details

Overview

  • 14 Units
  • Building Dimensions are irregular

Building Details

  • Operating Expense $7,355
  • Gross Income $80,309
  • Net Operating Income $36,614

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,055

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: Dunlap and Central
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: MH
  • Number Of Buildings: 1
  • Year Built: 1983
  • Tax Year: 2011
  • Directions: South on Central from Dunlap to Ruth Avenue. Go East to property.
  • Road Surface Type: Asphalt
  • 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, Stucco, Block
  • Roof: See Remarks, Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 19.0
  • Total Parking Spaces: 19.0
  • General Property Description:Uncvrd Parking Spcs: 19.0
  • General Property Description:Total Parking Spcs: 19.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • 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

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

Fee Information

  • Trash Expense: 1100.0

Lot Info

  • Lot Size: irregular
  • Additional Parcels: No
  • Parcel #: 160-51-054

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 14
  • Annual Gross Income: 80309.16
  • Property Net Operating Income: 36614.0
  • Annual Operating Expense: 7355.0
  • Vacancy Allowance Rate: 0.18

Tax Info

  • Tax Annual Amount: 5055.0
  • Tax Book Number: 160.00
  • Tax Lot: 2

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
12/31/2012 12/31/12 Sold $475,000 0.0% $572 / Sq Ft
12/10/2012 12/10/12 Pending -- -- --
08/15/2012 08/15/12 For Sale $475,000 -- $572 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2012

    Tanya Marchiol

    Team Investments

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4804408

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Phoenix 85020 North Central

240 E Ruth Ave, Phoenix, AZ

This home is located at 240 E Ruth Ave, Phoenix, AZ 85020 since 16 August 2012. This property was built in 1983. 240 E Ruth Ave is a home located in Maricopa County with nearby schools including Desert View Elementary School, Royal Palm Middle School, and Sunnyslope 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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