NOT LISTED FOR SALE
2 Beds
5 Baths
1,050 Sq Ft
1926 Built

Last Sold December 10, 2019

Last sale price $170,000 $162 Per Sq Ft

3 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of December 2019

5 units in Oakland Historic District. Huge potential. 1 2 bedroom and 4 studios. Sold AS IS. Cash offers only. No financials available. Possibility of purchasing two adjacent lots(call for details). Rents are currently $450, $400, $350, $350, $350. Tenants are all on verbal month to month leases. 38K/Door. Under $100/SF. Do not enter property. Drive by only. 100% occupied. Inspection/Walk through after accepted contract.

Last Agent to Sell the Property

Melody Peterson

Platinum Living Realty License #SA561637000 Listed on: 11/05/2019

Platinum Living Realty

Co-Listed By

Michelle Hodges

Russ Lyon Sotheby's International Realty License #SA678407000

Last Buyer's Agent

Melody Peterson

Platinum Living Realty License #SA561637000 Listed on: 11/05/2019

Platinum Living Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,117

Year Built

  • Built in 1926

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for water, sewer
  • Legal Lot and Block 16 / 2
  • Assessor Parcel Number 111-24-025

Community Details

Overview

  • 2 Buildings
  • 5 Units
  • Building Dimensions are 8700
  • Oakland Subdivision

Building Details

  • Operating Expense $1,117
  • Net Operating Income $20,976

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,117

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Cross Street: 19th Ave and Polk
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R5
  • Number Of Buildings: 2
  • Year Built: 1926
  • Tax Year: 2019
  • Road Surface Type: Asphalt, Private Street
  • Co List Office Mls Id: myhg02
  • Co List Office Phone: 480-685-2760
  • Subdivision Name: OAKLAND
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Brick, Frame - Wood
  • Roof: See Remarks, Other
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:None30: Yes

Utilities

  • Electric: APS
  • Cooling: Other, See Remarks
  • 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

  • Community Amenities:No Pool: Yes

Lot Info

  • Lot Size: 8700
  • Additional Parcels: No
  • Parcel #: 111-24-025

Multi Family

  • Owner Pays: Water, Sewer
  • Number Of Units Total: 5
  • Property Net Operating Income: 20976.0
  • Annual Operating Expense: 1117.0

Tax Info

  • Tax Annual Amount: 1117.0
  • Tax Block: 2
  • Tax Book Number: 111.00
  • Tax Lot: 16
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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
12/10/2019 12/10/19 Sold $170,000 -26.1% $162 / Sq Ft
11/08/2019 11/08/19 Pending -- -- --
11/05/2019 11/05/19 For Sale $230,000 -- $219 / 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 $1,239 $8,723 -- --
2024 $1,155 $8,308 -- --
2023 $1,155 $38,700 $7,740 $30,960
2022 $1,114 $27,310 $5,460 $21,850
2021 $1,106 $26,260 $5,250 $21,010
2020 $1,119 $20,780 $4,150 $16,630
2019 $1,117 $17,080 $3,410 $13,670
2018 $1,098 $16,810 $3,360 $13,450
2017 $1,072 $12,610 $2,520 $10,090
2016 $1,041 $10,350 $2,070 $8,280
2015 $964 $8,330 $1,660 $6,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6000793

Arizona Regional Multiple Listing Service (ARMLS)