NOT LISTED FOR SALE

321 E Carol Ave Phoenix, AZ 85020

North Central Neighborhood
9 Beds
-- Bath
4,750 Sq Ft
1962 Built

Last Sold March 22, 2016

Last sale price $250,000 $53 Per Sq Ft

6 Days on Market

Highlights

  • Evaporated cooling system
  • Community Playground
  • Heating System Uses Natural Gas
  • Sunnyslope High School Rated A
  • Ceramic Tile Flooring

About This Home

As of March 2016

Amazing Investment opportunity! 5 fully rented units! Clean and ready for new owner! Each unit has it's own fenced court yard for privacy! Property is all block, fresh exterior paint, newer roof replaced 6 years ago! Property is in great condition pride of ownership shows here! There is parking space for tenants in back and extra parking spaces in the front for guests! This property has been professionally landscaped! There is coin laundry service at the premises that is serviced and maintained by private company! Fire Department and John Lincoln hospital down the street! North mountain views! Jump on this opportunity as it will not last long!

Last Agent to Sell the Property

Dora Estrella

Mojica & Associates Real Estate License #SA635358000 Listed on: 03/01/2016

Last Buyer's Agent

Dora Estrella

Realty ONE Group License #SA635358000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,448

Year Built

  • Built in 1962

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Paved Parking
  • Assigned Parking

Schools

  • Sunnyslope Elementary School
  • Sunnyslope High School

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water
  • Tax Lot 102B
  • Assessor Parcel Number 159-45-102

Community Details

Overview

  • 2 Buildings
  • 5 Units
  • Building Dimensions are 13504

Recreation

  • Community Playground

Building Details

  • Operating Expense $10,200
  • Gross Income $107,140
  • Net Operating Income $3,650

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,448

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: 3rd St and Hatcher
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2015
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: BI Oven/Range
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Other (See Remarks), Paved Parking, Assigned, Add'l Parking Avail, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:Assigned: Yes
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: SRP
  • Cooling: Evaporative Cooling
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Play Area, No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Community Amenities:Play Area: Yes

Fee Information

  • Annual Fuel Expense: 466.0
  • Annual Water Sewer Expense: 2686.0

Schools

  • Elementary School: Sunnyslope Elementary School
  • High School: Sunnyslope High School
  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 13504
  • Additional Parcels: No
  • Parcel #: 159-45-102

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 5
  • Electric Expense: 3538.0
  • Annual Gross Income: 107140.0
  • Insurance Expense: 1162.0
  • Maintenance Expense: 900.0
  • Property Net Operating Income: 3650.0
  • Annual Operating Expense: 10199.66
  • Vacancy Allowance Rate: 5.0

Tax Info

  • Tax Annual Amount: 1447.66
  • Tax Book Number: 159.00
  • Tax Lot: 102B

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
03/22/2016 03/22/16 Sold $250,000 0.0% $53 / Sq Ft
03/07/2016 03/07/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $250,000 -- $53 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Dora Estrella

    Mojica & Associates Real Estate

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5407574

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Phoenix 85020 North Central

321 E Carol Ave, Phoenix, AZ

This home is located at 321 E Carol Ave, Phoenix, AZ 85020 since 01 March 2016. This property was built in 1962. 321 E Carol Ave is a home located in Maricopa County with nearby schools including Sunnyslope Elementary School, Sunnyslope High School, and Montessori Day Public Schools Chartered - Mountainside.

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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