NOT LISTED FOR SALE
19 Beds
-- Bath
5,938 Sq Ft
1999 Built

Last Sold August 31, 2019

Last sale price $1,200,000 $202 Per Sq Ft

10 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Phoenix Coding Academy Rated A
  • Heat Pump System

About This Home

As of August 2019

Three parcels together in Central Phoenix. Two story 10 unit apartment building on one parcel, Single Family home on parcel next to apartments, and third parcel behind home. Please see attached Pro Forma for rent information.

Last Agent to Sell the Property

Richard De Luca

FSR Realty License #BR662326000 Listed on: 07/26/2019

Co-Listed By

Brad Rhodes

FSR Realty License #SA676847000

Last Buyer's Agent

Donald Galloway Jr

Realty ONE Group License #BR041895000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,610

Year Built

  • Built in 1999

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Parking

  • 14 Open Parking Spaces
  • 16 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot J,H,F
  • Assessor Parcel Number 120-34-030-J

Community Details

Overview

  • 2 Buildings
  • 11 Units
  • Building Dimensions are 34241

Building Details

  • Operating Expense $23,431
  • Gross Income $101,430
  • Net Operating Income $79,608

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,610

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Cross Street: 24th Street & Thomas Road
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-2, R-3
  • Number Of Buildings: 2
  • Year Built: 1999
  • Tax Year: 2017
  • Directions: Go East from 24th St, turn South on 27th St to property on East side of Road.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: fsrr01
  • Co List Office Phone: 602-826-5566
  • Tax Parcel Letter: J
  • Water Irrigation: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: See Remarks, Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Open Parking Spaces: 14.0
  • Total Parking Spaces: 16.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 14.0
  • General Property Description:Total Parking Spcs: 16.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Heat Pump, Wall/Window Unit(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Irrigation
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 8730.0

Lot Info

  • Lot Size: 34241
  • Additional Parcels: Yes
  • Parcel #: 120-34-030-J

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 11
  • Annual Gross Income: 101430.0
  • Insurance Expense: 2336.0
  • Property Net Operating Income: 79608.0
  • Annual Operating Expense: 23431.0
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 6610.0
  • Tax Book Number: 120.00
  • Tax Lot: J,H,F

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
08/31/2019 08/31/19 Sold $1,200,000 0.0% $202 / Sq Ft
07/19/2019 07/19/19 For Sale $1,199,999 -- $202 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5956871

Arizona Regional Multiple Listing Service (ARMLS)