NOT LISTED FOR SALE

2741 W Colter St Phoenix, AZ 85017

Grandview Neighborhood
16 Beds
-- Bath
1,806 Sq Ft
1987 Built

Last Sold March 29, 2013

Last sale price $360,000 $199 Per Sq Ft

23 Days on Market

Highlights

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

About This Home

As of March 2013

Seller may carry with 40% down. No deferred maintenance. Newer parking lot and driveway, roof, paint, and 3 A/C units. Some new carpeting and appliances. All huge 2 bed/2 bath with spacious kitchens, contemporary floor plans, full-size appliances & individual washer/dryer hook-ups. Current rents are quite low($550/month)- providing strong upside for a new owner. Two APN's :153-28-007-A & :153-28-008. No showings until after contract acceptance. All units are rented at $550.

Last Agent to Sell the Property

Brian Gaffney

Better Homes & Gardens Real Estate SJ Fowler License #BR536606000 Listed on: 02/20/2013

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Amy Paul

RETSY License #SA553658000

RETSY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,346

Year Built

  • Built in 1987

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Concrete
  • Vinyl

Parking

  • 16 Parking Spaces
  • 8 Covered Spaces
  • Common or Shared Parking
  • Free Parking
  • On-Street Parking

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 4
  • Assessor Parcel Number 153-28-007-A

Community Details

Overview

  • 8 Units
  • Building Dimensions are IRR

Building Details

  • Operating Expense $18,858
  • Gross Income $52,800
  • Net Operating Income $33,942

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,346

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Cross Street: Camelback & 27th Ave
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1987
  • Tax Year: 2012
  • Directions: North to Colter, west to property in the south side of the road.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1500.0
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl, Concrete
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 8.0
  • Parking Features: Free, >1 Space Per Unit, Street Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 16.0
  • General Property Description:Covered Parking Spcs: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 16.0
  • Parking:Carport: Yes
  • Parking:Free: Yes
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Trash Expense: 930.0
  • Annual Water Sewer Expense: 6000.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: IRR
  • Additional Parcels: Yes
  • Parcel #: 153-28-007-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 8
  • Electric Expense: 375.0
  • Annual Gross Income: 52800.0
  • Insurance Expense: 2651.0
  • Maintenance Expense: 4000.0
  • Property Net Operating Income: 33942.0
  • Annual Operating Expense: 18858.0

Tax Info

  • Tax Annual Amount: 2346.0
  • Tax Book Number: 153.00
  • Tax Lot: 4

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
03/29/2013 03/29/13 Sold $360,000 -7.7% $199 / Sq Ft
03/15/2013 03/15/13 Pending -- -- --
02/20/2013 02/20/13 For Sale $390,000 -- $216 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brian Gaffney

    Seller's Agent in 2013

    Brian Gaffney

    Better Homes & Gardens Real Estate SJ Fowler

    (602) 264-8400

    23 Total Sales

    Brian Gaffney
    Section Image
  • Amy Paul

    Buyer's Agent in 2013

    Amy Paul

    RETSY

    (480) 776-1555

    19 Total Sales

    Amy Paul
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4893478

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

2741 W Colter St, Phoenix, AZ

This home is located at 2741 W Colter St, Phoenix, AZ 85017 since 20 February 2013. This property was built in 1987. 2741 W Colter St is a home located in Maricopa County with nearby schools including Cordova Middle School, Alhambra High School, and Phoenix Coding Academy.

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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