NOT LISTED FOR SALE

2550 W Hazelwood St Phoenix, AZ 85017

Alhambra Neighborhood
70 Beds
-- Bath
1,405 Sq Ft
1985 Built

Last Sold November 29, 2017

Last sale price $2,600,000 $1,851 Per Sq Ft

59 Days on Market

Highlights

  • Heated Community Pool
  • Central Heating and Cooling System
  • Carpet
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

As of November 2017

This investment offering includes one single family house (two bedrooms, one den and one bathroom) and the Carole Arms apartments, a 44-unit garden-style apartment community located in a nice neighborhood due south of the rapidly growing Grand Canyon University on Camelback Road. While the house was originally constructed in the 1950's, the apartment complex was originally constructed in 1985 and has undergone several rounds of upgrades and improvements over the years. The apartment complex includes a strong unit mix with 55% two bedroom and 45% one bedroom units. Each unit has individual meters for electricity and individual roof-mounted HVAC units. The apartment property is comprised of three large residential buildings (two levels) and one building for the office and laundry center. The

Last Agent to Sell the Property

Nelida Ayala

Orion Investment Real Estate License #SA555019000 Listed on: 07/10/2017

Co-Listed By

Bob Farrell

Beacon Investment Real Estate License #BR554204000

Last Buyer's Agent

Nelida Ayala

Orion Investment Real Estate License #SA555019000 Listed on: 07/10/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,631

Year Built

  • Built in 1985

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Stucco

Flooring

  • Carpet
  • Vinyl

Parking

  • 66 Open Parking Spaces
  • 66 Parking Spaces
  • Free Parking
  • Paved Parking

Utilities

  • Central Heating and Cooling System
  • Floor Furnace
  • Wall Furnace

Additional Features

  • Ceiling Fan
  • Additional Parcels

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping, pool/spa maintenance
  • Tax Lot 12
  • Assessor Parcel Number 154-12-029

Community Details

Overview

  • 4 Buildings
  • 44 Units
  • Building Dimensions are 60984 SQ feet

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $7,631

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,631

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: Camelback/27th avenue
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-4 phoenix
  • Number Of Buildings: 4
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2016
  • Directions: The Carole Arms apartment complex and its adjacent house are located just west of the Interstate 17 Freeway access road, and due south of Grand Canyon University, along the north side of Hazelwood Str
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: mlso106
  • Co List Office Phone: 480-634-6934
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: BI Oven/Range
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Paved Parking, Free, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 66.0
  • Total Parking Spaces: 66.0
  • General Property Description:Uncvrd Parking Spcs: 66.0
  • General Property Description:Total Parking Spcs: 66.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C, Individual, Ceiling Fan(s)
  • Heating: Central, Electric, Floor Furnace, Wall Furnace
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Central: Yes
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Community Amenities:Pool2: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Breakfast Bar2: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 60984 SQ feet
  • Additional Parcels: Yes
  • Parcel #: 154-12-029

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping, Pool/Spa Maintenance
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 44
  • Annual Operating Expense: 7630.92

Tax Info

  • Tax Annual Amount: 7630.92
  • Tax Book Number: 154.00
  • Tax Lot: 12

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 List to Sale Price per Sq Ft
11/29/2017 11/29/17 Sold $2,600,000 -5.5% $1,851 / Sq Ft
07/10/2017 07/10/17 For Sale $2,750,000 -- $1,957 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2017

    Nelida Ayala

    Orion Investment Real Estate

    Section Image
  • Bob Farrell

    Seller Co-Listing Agent in 2017

    Bob Farrell

    Beacon Investment Real Estate

    (602) 790-0567

    2 Total Sales

    Bob Farrell
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5631196

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Phoenix 85017 Alhambra

2550 W Hazelwood St, Phoenix, AZ

This home is located at 2550 W Hazelwood St, Phoenix, AZ 85017 since 10 July 2017. This property was built in 1985. 2550 W Hazelwood St is a home located in Maricopa County with nearby schools including Granada East Primary School, Granada West School, and Alhambra 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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