$258,080
SOLD JUL 6, 2015

3330 N 18th St Phoenix, AZ 85016

-- Bed
-- Bath
506 Sq Ft
0.26 Acres

Recently Sold

$510 Per Sq Ft

39% Below List Price

14 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Phoenix Coding Academy Rated A
  • Floor Furnace

About This Home

As of July 2015

Great investor opportunity to add a solid block 7 unit property to the portfolio. Renovated units with ceramic tile in all but one unit. On-site laundry for additional tenant convenience and income. Low maintenance and low taxes for enhanced NOI. Duplex and vacant land to the south represent additional investment potential. Do not disturb tenants. Drive-by only. Access scheduled with accepted contract.

Last Agent to Sell the Property

Andrea Peter

HomeSmart License #SA566815000 Listed on: 06/22/2015

HomeSmart

Co-Listed By

Steven Skarphol

HomeSmart License #BR019829000

Last Buyer's Agent

Jason Poyner

Phoenix Property Group License #BR543102000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,377

Year Built

  • Built in 1954

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 9 Open Parking Spaces
  • 9 Parking Spaces
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Wall Furnace
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for water, cable TV
  • The owner pays for landscaping
  • Tax Lot 22
  • Assessor Parcel Number 119-32-130

Community Details

Overview

  • 7 Units
  • Building Dimensions are 98X115

Building Details

  • Operating Expense $12,787
  • Gross Income $43,500
  • Net Operating Income $30,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,377

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Cross Street: 18th Street & Osborn
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Residential
  • Number Of Buildings: 1
  • Year Built: 1954
  • Tax Year: 2013
  • Directions: SW corner of 18th Street & Osborn. South of Indian School, North of Thomas. South on 18th St to property at 3330. Drive By ONLY!!!!!
  • Road Surface Type: Concrete, Sidewalk(s)
  • Co List Office Mls Id: cril14
  • Co List Office Phone: 480-839-3400
  • Water Irrigation: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 9.0
  • Total Parking Spaces: 9.0
  • General Property Description:Uncvrd Parking Spcs: 9.0
  • General Property Description:Total Parking Spcs: 9.0
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Individual, Wall/Window Unit(s)
  • Heating: Individual, Natural Gas, Floor Furnace, Wall Furnace
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Irrigation, Master Meter
  • Heating:Natural Gas: Yes
  • Heating:Individual: Yes
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Fuel Expense: 540.0
  • Trash Expense: 1200.0
  • Annual Water Sewer Expense: 3600.0

Lot Info

  • Lot Size: 98X115
  • Additional Parcels: No
  • Parcel #: 119-32-130

Multi Family

  • Owner Pays: Landscaping
  • Tenant Pays: Water, Cable TV
  • Number Of Units Total: 7
  • Electric Expense: 720.0
  • Annual Gross Income: 43500.0
  • Insurance Expense: 1750.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 30600.0
  • Annual Operating Expense: 12787.0

Tax Info

  • Tax Annual Amount: 1377.0
  • Tax Book Number: 119.00
  • Tax Lot: 22

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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
08/04/2015 08/04/15 Rented $595 0.0% --
08/03/2015 08/03/15 Off Market $595 -- --
07/25/2015 07/25/15 For Rent $595 0.0% --
07/06/2015 07/06/15 Sold $258,080 -38.6% $510 / Sq Ft
04/22/2015 04/22/15 Pending -- -- --
04/08/2015 04/08/15 For Sale $420,000 -- $830 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Andrea Peter

    Seller's Agent in 2015

    Andrea Peter

    HomeSmart

    (480) 452-3514

    32 Total Sales

    Section Image

  • J

    Seller's Agent in 2015

    John Poyner

    Phoenix Property Group

    (623) 451-4209

    180 Total Sales

    Section Image
  • Steven Skarphol

    Seller Co-Listing Agent in 2015

    Steven Skarphol

    HomeSmart

    (602) 317-5164

    53 Total Sales

    Section Image

  • J

    Buyer's Agent in 2015

    Jason Poyner

    Phoenix Property Group

    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5273594

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Phoenix 85016

3330 N 18th St, Phoenix, AZ

This home is located at 3330 N 18th St, Phoenix, AZ 85016 and is currently priced at $258,080, approximately $510 per square foot. This property was built in 1954. 3330 N 18th St is a home located in Maricopa County with nearby schools including Loma Linda Elementary School, North High School, and Phoenix Coding Academy.

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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