NOT LISTED FOR SALE

Estimated Value: $3,168,000

Studio
2 Baths
-- Sq Ft
10,149 Sq Ft Lot

Last Sold March 20, 2025

Last sale price $2,900,000

Est. 9% increase in value since last sale

Current estimated payment $18,364/month

4 Days on Market

Highlights

  • 20 Car Attached Garage
  • Cooling Available
  • Concrete Flooring
  • Phoenix Coding Academy Rated A
  • Floor Furnace

About This Home

As of March 2025

Welcome to this exceptional investment property nestled in the sought-after Arcadia area. This contemporary 5-unit townhome complex was thoughtfully designed and constructed in 2022, offering modern living spaces and a prime location that attracts tenants seeking both convenience and luxury. Each townhome features a stylish design with high-end finishes and amenities, ensuring a premium living experience for tenants. All units are fully occupied, presenting an immediate and steady income stream for the savvy investor.

Last Agent to Sell the Property

Courtney Hoover

Compass License #SA674430000 Listed on: 03/03/2025

Compass

Last Buyer's Agent

Christopher Doyle

Realty ONE Group License #SA670136000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $570

Year Built

  • Built in 2022

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Carpet
  • Concrete
  • Vinyl

Parking

  • 20 Car Attached Garage
  • Over 1 Space Per Unit

Utilities

  • Cooling Available
  • Floor Furnace
  • Wall Furnace

Listing and Financial Details

  • The owner pays for landscaping
  • Tax Lot 1
  • Assessor Parcel Number 127-31-364

Community Details

Overview

  • 5 Units
  • Building Dimensions are 14996 square feet
  • Pinchot 34 Townhomes Subdivision

Building Details

  • Operating Expense $5,320
  • Gross Income $207,451
  • Net Operating Income $200,196

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$570

Year Built

Built in 2022

Lot Details

10,149 Sq Ft Lot

Listing Details

  • Cross Street: PINCHOT AND 34TH ST
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2022
  • Tax Year: 2024
  • Road Surface Type: Asphalt
  • Subdivision Name: PINCHOT 34 TOWNHOMES
  • Garage Yn: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl, Concrete
  • Appliances: Built-In Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 10.0
  • Parking Features: Attached, >1 Space Per Unit
  • Attached Garage: Yes
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 20.0
  • General Property Description:Covered Parking Spcs: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 20.0
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric, Individual
  • Heating: Floor Furnace, Wall Furnace
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 14996 square feet
  • Additional Parcels: Yes
  • Parcel #: 127-31-364

Multi Family

  • Owner Pays: Landscaping
  • Number Of Units Total: 5
  • Annual Gross Income: 207450.72
  • Insurance Expense: 1250.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 200196.0
  • Annual Operating Expense: 5320.0

Tax Info

  • Tax Annual Amount: 570.0
  • Tax Book Number: 127.00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2025
Closed on
Mar 18, 2025
Sold by
Brenco Oil Inc
Bought by
Miad V1 Llc
Seller's Agent
Courtney Hoover
Compass
Buyer's Agent
Christopher Doyle
Realty ONE Group
List Price
$3,100,000
Sold Price
$2,900,000
Premium/Discount to List
-$200,000
-6.45%
Views
14
Current Estimated Value
$3,168,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,000
Avg. Annual Appreciation
9.24%

Purchase Details

Closed on
Jan 17, 2024
Sold by
Brenco Oil Inc
Bought by
Brenco Oil Inc

Purchase Details

Closed on
Aug 31, 2022
Sold by
Pinchot 34 Llc
Bought by
Brenco Oil Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
5.54%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Miad V1 Llc $2,900,000 Great American Title Agency
Brenco Oil Inc -- None Listed On Document
Brenco Oil Inc $3,200,000 Wfg National Title Insurance C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brenco Oil Inc $1,600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2025 03/20/25 Sold $2,900,000 -6.5% --
03/07/2025 03/07/25 Pending -- -- --
03/03/2025 03/03/25 For Sale $3,100,000 -- --
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 $20,395 -- -- --
2024 $3,296 $24,425 -- --
2023 $3,296 $40,810 $8,160 $32,650
2022 $570 $7,245 $7,245 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6829412

Arizona Regional Multiple Listing Service (ARMLS)

APN: 127-31-364

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