NOT LISTED FOR SALE

2460 E Pueblo Ave Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $282,841 - $338,000

Studio
1 Bath
1,176 Sq Ft
$261/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $450,000 $383 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $1,642/month

8 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of September 2018

Great Investment Opportunity! 8 Units w/ 4 Separate Buildings, Two Tax Parcels. Good Unit Mix. Four Two Bedroom Units and Four One Bedroom Units, Easy to Rent. 100% Occupied! Tenants Pay for Power and Gas, Individually Metered. Corner Lot and just minutes to the Freeway. Upside Potential with Rent Increases to Market Rates! Completely Remodeled in 2008. Don't Miss This One!

Last Agent to Sell the Property

Rick Horst

Keller Williams Arizona Realty License #SA640657000 Listed on: 08/16/2018

Keller Williams Arizona Realty

Co-Listed By

Kerry Keezer

72SOLD License #SA643532000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $933

Year Built

  • Built in 1940

Lot Details

  • 7,144

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces

Schools

  • Martin Luther King Early Childhood Center Elementary School
  • Roosevelt Elementary Middle School
  • South Mountain High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Additional Features

  • Concrete Flooring
  • Additional Parcels

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 94
  • Assessor Parcel Number 122-21-054

Community Details

Overview

  • 4 Buildings
  • 8 Units
  • Building Dimensions are 14,784
  • North Broadway Estates 1 Lots 141 159 Subdivision

Building Details

  • Operating Expense $12,129
  • Gross Income $45,600
  • Net Operating Income $33,471

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$933

Year Built

Built in 1940

Lot Details

7,144 Sq Ft Lot

Listing Details

  • Cross Street: 24TH St and Broadway Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi Family
  • Number Of Buildings: 4
  • Ownership: Fee Simple
  • Year Built: 1940
  • Tax Year: 2017
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2736.0
  • Co List Office Mls Id: kwaz10
  • Co List Office Phone: 480-767-3000
  • Subdivision Name: NORTH BROADWAY ESTATES 1 LOTS 141-159
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Other (See Remarks)
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 12.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 4800.0

Schools

  • Elementary School: Martin Luther King Early Childhood Center
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Roosevelt Elementary School

Lot Info

  • Lot Size: 14,784
  • Additional Parcels: Yes
  • Parcel #: 122-21-054

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 8
  • Annual Gross Income: 45600.0
  • Insurance Expense: 1500.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 33471.0
  • Annual Operating Expense: 12129.0

Tax Info

  • Tax Annual Amount: 933.0
  • Tax Book Number: 122.00
  • Tax Lot: 94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2008
Sold by
Southwest Investment Partnership Llc
Bought by
In The House Llc
Current Estimated Value
$306,710

Purchase Details

Closed on
Apr 14, 2008
Sold by
Suma Capital Llc
Bought by
Southwest Investment Partnership Llc
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
In The House Llc $450,000 Guaranty Title Agency
Southwest Investment Partnership Llc $155,000 Guaranty Title Agency
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2018 09/28/18 Sold $450,000 0.0% $383 / Sq Ft
08/16/2018 08/16/18 For Sale $450,000 -- $383 / 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 $557 $3,694 -- --
2024 $527 $3,518 -- --
2023 $527 $20,500 $4,100 $16,400
2022 $517 $15,400 $3,080 $12,320
2021 $527 $13,780 $2,750 $11,030
2020 $521 $12,530 $2,500 $10,030
2019 $504 $10,300 $2,060 $8,240
2018 $490 $7,810 $1,560 $6,250
2017 $467 $5,310 $1,060 $4,250
2016 $444 $4,970 $990 $3,980
2015 $418 $4,050 $810 $3,240
Source: Public Records

Agents Affiliated with this Home

  • Rick Horst

    Seller's Agent in 2018

    Rick Horst

    Keller Williams Arizona Realty

    (480) 767-3014

    2 in this area

    32 Total Sales

    Rick Horst
    Section Image
  • Kerry Keezer

    Seller Co-Listing Agent in 2018

    Kerry Keezer

    72SOLD

    (480) 760-1494

    63 Total Sales

    Kerry Keezer
    Section Image

  • N

    Buyer's Agent in 2018

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5808620

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-21-054

Arizona Maricopa County Phoenix 85040 South Mountain

2460 E Pueblo Ave, Phoenix, AZ

Not Listed for Sale

MultiFamily

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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