$278,000
SOLD NOV 15, 2019
-- Bed
-- Bath
525 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$530 Per Sq Ft

2% Below List Price

4 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • The Creighton Academy Rated 10

About This Home

As of November 2019

Great investment opportunity. Close to all freeways in the sweet spot for investors
or owner occupied to have tenants pay the mortgage. New roof in 2014 and all one
bedrooms fully leased. Each unit has a covered carport. DO NOT DISTURB TENANTS

Last Agent to Sell the Property

Mike Snitz

Realty ONE Group License #SA651575000 Listed on: 10/13/2019

Last Buyer's Agent

Jason Pyle

HomeSmart License #SA554183000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $942

Year Built

  • Built in 1950

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 6 Open Parking Spaces
  • 9 Parking Spaces
  • 3 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 53
  • Assessor Parcel Number 120-21-099-M

Community Details

Overview

  • 3 Units
  • Building Dimensions are 7255
  • Rhoades Park Subdivision

Building Details

  • Operating Expense $2,707
  • Net Operating Income $20,555

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$942

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: Thomas and 32nd Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1950
  • Tax Year: 2019
  • Directions: South of Thomas to Monte Vista Rd head west to 31st Street head south church on the corner head east on Hubbell tri-plex last units at the end of the street
  • Road Surface Type: Asphalt
  • Subdivision Name: RHOADES PARK
  • Tax Parcel Letter: M
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 9.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 9.0
  • Parking:Carport: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

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

Fee Information

  • Annual Water Sewer Expense: 1765.29

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 7255
  • Additional Parcels: No
  • Parcel #: 120-21-099-M

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity, Cable TV
  • Number Of Units Total: 3
  • Property Net Operating Income: 20554.71
  • Annual Operating Expense: 2707.29
  • Vacancy Allowance Rate: 1.0

Tax Info

  • Tax Annual Amount: 942.0
  • Tax Book Number: 120.00
  • Tax Lot: 53

Range of Values:

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Average Value
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List Price
Sold Price
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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
06/02/2023 06/02/23 Rented $925 0.0% --
06/01/2023 06/01/23 Under Contract -- -- --
05/18/2023 05/18/23 Price Changed $925 -7.5% $2 / Sq Ft
03/31/2023 03/31/23 For Rent $1,000 0.0% --
11/15/2019 11/15/19 Sold $278,000 -2.5% $530 / Sq Ft
10/17/2019 10/17/19 Pending -- -- --
10/14/2019 10/14/19 For Sale $285,000 +2.5% $543 / Sq Ft
10/14/2019 10/14/19 Off Market $278,000 -- --
10/13/2019 10/13/19 For Sale $285,000 -- $543 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5991335

Arizona Regional Multiple Listing Service (ARMLS)