NOT LISTED FOR SALE
9 Beds
8 Baths
2,710 Sq Ft
1961 Built

Last Sold March 24, 2017

Last sale price $585,500 $216 Per Sq Ft

756 Days on Market

Highlights

  • RV or Boat Parking
  • Cooling Available
  • Concrete Flooring
  • Phoenix Coding Academy Rated A
  • Community Playground
  • Heating Available

About This Home

As of March 2017

A GREAT OPPORTUNITY FOR AN INVESTOR...This great property Offers 6-1Bd 1Ba units Plus a nice 3 Bd 2Ba single family home on the far end of the property all setting on two separate Parcels C and D. There are 3 separate buildings. Plenty Parking all in Excellent Shape. Seller will Furnish all Figures and Data upon a written Agreement to Purchase...Owner collects $4,081 per month only pay's average $350 per mo for Water. Individually Metered...All have A/C units.

Last Agent to Sell the Property

Jack Sandhagen

URE-T-Bird License #BR004518000 Listed on: 01/14/2015

Last Buyer's Agent

Brian Gaffney

Better Homes & Gardens Real Estate SJ Fowler License #BR536606000

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,109

Year Built

  • Built in 1961

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 11 Open Parking Spaces
  • 11 Parking Spaces
  • Paved Parking
  • On-Street Parking
  • RV or Boat Parking

Schools

  • Papago Elementary And Middle School
  • Camelback High School

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Concrete Flooring
  • Additional Parcels

Listing and Financial Details

  • Tenant pays for electricity, sewer
  • The owner pays for water
  • Tax Lot 1c,2d
  • Assessor Parcel Number 127-24-033-C

Community Details

Overview

  • 3 Buildings
  • 7 Units
  • Building Dimensions are 17,016

Recreation

  • Community Playground

Building Details

  • Operating Expense $6,309
  • Gross Income $48,972
  • Net Operating Income $47,676

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,109

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: 37th St N. Thomas
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1961
  • Tax Year: 2014
  • Directions: Thomas East to 37th St. north to property on the left...
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:FS 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: Paved Parking, RV/Boat Parking, Add'l Parking Avail, <1 Space Per Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 11.0
  • Total Parking Spaces: 11.0
  • General Property Description:Uncvrd Parking Spcs: 11.0
  • General Property Description:Total Parking Spcs: 11.0
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Exterior Amenities:RVBoat Parking: Yes
  • Parking:RVBoat Parking2: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Play Area, No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Community Amenities:Play Area: Yes

Fee Information

  • Annual Water Sewer Expense: 4200.0

Schools

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

Lot Info

  • Lot Size: 17,016
  • Additional Parcels: Yes
  • Parcel #: 127-24-033-C

Multi Family

  • Owner Pays: Water
  • Tenant Pays: Electricity, Sewer
  • Number Of Units Total: 7
  • Annual Gross Income: 48972.0
  • Property Net Operating Income: 47676.0
  • Annual Operating Expense: 6309.3

Tax Info

  • Tax Annual Amount: 2109.3
  • Tax Book Number: 127.00
  • Tax Lot: 1c,2d

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
03/24/2017 03/24/17 Sold $585,500 0.0% $216 / Sq Ft
02/07/2017 02/07/17 Pending -- -- --
01/13/2015 01/13/15 For Sale $585,500 -- $216 / 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: 5221187

Arizona Regional Multiple Listing Service (ARMLS)