NOT LISTED FOR SALE

Estimated Value: $330,000 - $635,000

Studio
3 Baths
339,340 Sq Ft
$1/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $3,410,440 $10 Per Sq Ft

Current estimated payment $2,809/month

107 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of August 2021

RARE NEW CONSTRUCTION PROJECT! This intimate new community nestled around a redeveloping neighborhood in Central Phoenix is almost complete. This bulk listing includes 8 single family attached lots. All homes are 3 bed with loft floor plans with 2 car garage and 2.5 baths at 1444 square feet of living space. Builder spec's include all hard surface first level, upgraded kitchens and master bathrooms to name a few. Additionally, all units have private outdoor living space in rear of unit. Home Smart features include push button Zwave locks, doorbell cameral and smart thermostats. Delivery estimated for June 2021. New Build 2-10 Home Warranty Included! Minutes from PHX/Sky Harbor, Camelback Mtn, freeways, restaurants, shopping & nightlife of Arcadia, Biltmore & Scottsdale

Last Agent to Sell the Property

Leo Loiacano

HomeSmart License #SA665851000 Listed on: 03/31/2021

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,800

Year Built

  • Built in 2021

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Schools

  • Creighton Elementary School
  • Camelback High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for landscaping
  • Tax Lot 8
  • Assessor Parcel Number 120-22-122

Community Details

Overview

  • 2 Buildings
  • 8 Units
  • Building Dimensions are 25x52
  • Uptown On Yale Subdivision

Building Details

  • Operating Expense $44,950
  • Gross Income $178,849
  • Net Operating Income $133,899

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,800

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Cross Street: 32nd Street / Thomas Rd
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 2021
  • Tax Year: 2022
  • Road Surface Type: Asphalt
  • Professional Management Expense: 6300.0
  • Subdivision Name: UPTOWN ON YALE
  • Garage Yn: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Microwave, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking Features:Garage: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Interior Amenities:Fire Sprinklers2: Yes

Schools

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

Lot Info

  • Lot Size: 25x52
  • Additional Parcels: Yes
  • Parcel #: 120-22-122

Multi Family

  • Owner Pays: Landscaping
  • Number Of Units Total: 8
  • Annual Gross Income: 178848.6
  • Insurance Expense: 3150.0
  • Maintenance Expense: 4000.0
  • Property Net Operating Income: 133899.0
  • Annual Operating Expense: 44950.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 16800.0
  • Tax Book Number: 120.00
  • Tax Lot: 8
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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
08/20/2021 08/20/21 Sold $3,410,440 +0.3% $10 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
05/15/2021 05/15/21 Price Changed $3,399,000 +13.3% $10 / Sq Ft
03/31/2021 03/31/21 For Sale $2,999,000 -- $9 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

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 $2,936 $21,740 -- --
2024 $2,794 $20,705 -- --
2023 $2,794 $34,630 $6,920 $27,710
2022 $2,684 $28,030 $5,600 $22,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6214575

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-22-122