NOT LISTED FOR SALE
6 Beds
2 Baths
600 Sq Ft
1964 Built

Last Sold March 04, 2019

Last sale price $315,000 $525 Per Sq Ft

2 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of March 2019

Investors here is your building. Fully occupied. This 4 unit multi family property is located at 38th St and Thomas--close to shopping, bus routes, light rail, and freeways. Property is surrounded by redevelopment. There are 2 two bedroom units and 2 one bedroom units. Units are individually metered for electricity and gas! Property is fully occupied and has its own laundry room.

Last Agent to Sell the Property

ADAM BOTTICELLO

AZ Rental Homes License #BR633424000 Listed on: 02/13/2019

Last Buyer's Agent

Lee Garner

Better Homes & Gardens Real Estate SJ Fowler

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,360

Year Built

  • Built in 1964

Home Design

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

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Paved Parking

Schools

  • Creighton Elementary School
  • Arcadia High Middle School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 83
  • Assessor Parcel Number 127-21-008-A

Community Details

Overview

  • 4 Units
  • Building Dimensions are unknown
  • Citrus Acres Lots 21 60 Subdivision

Building Details

  • Operating Expense $6,815
  • Gross Income $31,352

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,360

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Cross Street: 38th / Thomas
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1964
  • Tax Year: 2018
  • Directions: West on Thomas to 38th Street; North (right) to property address on right.
  • Road Surface Type: Asphalt
  • Subdivision Name: CITRUS ACRES LOTS 21-60
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: BI Oven/Range, Microwave
  • Appliances Included:Microwave2: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Paved Parking, 1 Space/Unit
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Individual, Central A/C
  • Heating: Individual, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 300.0
  • Annual Water Sewer Expense: 2680.0

Schools

  • Elementary School: Creighton Elementary School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Arcadia High School

Lot Info

  • Lot Size: unknown
  • Additional Parcels: No
  • Parcel #: 127-21-008-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 500.0
  • Annual Gross Income: 31352.0
  • Insurance Expense: 1975.0
  • Annual Operating Expense: 6815.0

Tax Info

  • Tax Annual Amount: 1360.0
  • Tax Book Number: 127.00
  • Tax Lot: 83

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
03/04/2019 03/04/19 Sold $315,000 +5.0% $525 / Sq Ft
02/13/2019 02/13/19 For Sale $299,900 +66.4% $500 / Sq Ft
09/30/2013 09/30/13 Sold $180,250 -4.6% $300 / Sq Ft
09/21/2013 09/21/13 Pending -- -- --
08/06/2013 08/06/13 For Sale $189,000 -- $315 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5882709

Arizona Regional Multiple Listing Service (ARMLS)