NOT LISTED FOR SALE
12 Beds
6 Baths
778 Sq Ft
1960 Built

Last Sold May 15, 2018

Last sale price $550,000 $707 Per Sq Ft

2 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heat Pump System

About This Home

As of May 2018

Don't miss this unique property! 6 individual houses on one lot. Each unit has heat-pump and a fenced yard with their own carport. Close to shopping centers and the free way.

Last Agent to Sell the Property

Imelda Reyes

eXp Realty License #SA555249000 Listed on: 03/22/2018

eXp Realty

Last Buyer's Agent

Serge Martinez

West USA Realty License #SA564950000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,403

Year Built

  • Built in 1960

Home Design

  • Composition Roof
  • Stucco

Parking

  • 12 Parking Spaces
  • 6 Covered Spaces
  • Common or Shared Parking
  • Assigned Parking

Schools

  • Creighton Elementary School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for water
  • Assessor Parcel Number 120-01-032-B

Community Details

Overview

  • 6 Buildings
  • 6 Units
  • Building Dimensions are 82X325

Building Details

  • Operating Expense $13,984
  • Gross Income $54,417
  • Net Operating Income $44,519

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,403

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: Thomas & 40th St Directions
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 6
  • Year Built: 1960
  • Tax Year: 2017
  • Road Surface Type: Gravel, Dirt, Private Street
  • Tax Parcel Letter: B
  • Water Irrigation: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Other, See Remarks
  • Roof: See Remarks, Composition
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Assigned, Common
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 12.0
  • General Property Description:Covered Parking Spcs: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking:Carport: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: Individual Meter
  • Cooling: Heat Pump, Electric
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Irrigation
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool
  • Amenities: Other

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 1920.0
  • Annual Water Sewer Expense: 2680.0

Schools

  • Elementary School: Creighton Elementary School

Lot Info

  • Lot Size: 82X325
  • Additional Parcels: No
  • Parcel #: 120-01-032-B

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Cable TV
  • Number Of Units Total: 6
  • Annual Gross Income: 54417.0
  • Insurance Expense: 3325.0
  • Maintenance Expense: 3234.0
  • Property Net Operating Income: 44519.0
  • Annual Operating Expense: 13984.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 2403.0
  • Tax Book Number: 120.00
  • Tax Lot: 0
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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
05/15/2018 05/15/18 Sold $550,000 -1.8% $707 / Sq Ft
03/22/2018 03/22/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $560,000 -- $720 / 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 $2,813 $20,828 -- --
2024 $2,677 $19,836 -- --
2023 $2,677 $82,970 $16,590 $66,380
2022 $2,571 $57,870 $11,570 $46,300
2021 $2,634 $49,470 $9,890 $39,580
2020 $2,570 $40,510 $8,100 $32,410
2019 $2,552 $33,500 $6,700 $26,800
2018 $2,499 $28,130 $5,620 $22,510
2017 $2,403 $26,860 $5,370 $21,490
2016 $2,310 $23,300 $4,660 $18,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5740164

Arizona Regional Multiple Listing Service (ARMLS)
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