NOT LISTED FOR SALE

3451 N 37th St Phoenix, AZ 85018

Camelback East Village Neighborhood
22 Beds
11 Baths
940 Sq Ft
1979 Built

Last Sold March 14, 2014

Last sale price $565,000 $601 Per Sq Ft

18 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of March 2014

A beautiful building in a secluded garden-style setting, the Courtyard Apartments are in a very desirable east Phoenix/Arcadia location along 37th Street just off Indian School Road. Ten of the units are 2-bedroom with 1-bath, and one unit is 2-bedroom with 2-bath. All buildings are single-level block-constructed with built-up roofs, copper water lines and individually metering for electricity. Tenants enjoy covered parking, on-site laundry and spacious contemporary rental units. Surrounded by condos and single family homes, the property is located just south of the Camelback corridor and west of Arcadia in an attractive neighborhood within Citrus Acres.

Last Agent to Sell the Property

Scott Trevey

REI Marketing License #SA539099000 Listed on: 01/01/2014

Last Buyer's Agent

Vladimir Rabinovich

Realty ONE Group License #SA570396000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,077

Year Built

  • Built in 1979

Home Design

  • Brick Exterior Construction
  • Built-Up Roof
  • Foam Roof
  • Block Exterior

Flooring

  • Carpet
  • Concrete
  • Vinyl

Parking

  • 22 Parking Spaces
  • 11 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 172
  • Assessor Parcel Number 127-24-017-B

Community Details

Overview

  • 3 Buildings
  • 11 Units
  • Building Dimensions are irregular
  • Citrus Acres Subdivision

Building Details

  • Gross Income $78,565
  • Net Operating Income $33,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,077

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Cross Street: Clarendon and 37th Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: MM - R-3
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1979
  • Tax Year: 2013
  • Directions: Indian School Rd to 36th Street, south to Clarendon, East on Clarendon one block to 37th Street, south to property.
  • Road Surface Type: Asphalt, Concrete, Sidewalk(s)
  • Professional Management Expense: 5000.0
  • Subdivision Name: Citrus Acres
  • Tax Parcel Letter: B
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl, Concrete
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block, Brick
  • Roof: Built-Up, Foam
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 11.0
  • Parking Features: >1 Space Per Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 11.0
  • Total Parking Spaces: 22.0
  • General Property Description:Covered Parking Spcs: 11.0
  • General Property Description:Uncvrd Parking Spcs: 11.0
  • General Property Description:Total Parking Spcs: 22.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: SRP
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Breakfast Bar2: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Trash Expense: 3300.0
  • Annual Water Sewer Expense: 6200.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: irregular
  • Additional Parcels: No
  • Parcel #: 127-24-017-B

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 11
  • Electric Expense: 1950.0
  • Annual Gross Income: 78565.0
  • Insurance Expense: 3135.0
  • Maintenance Expense: 12000.0
  • Property Net Operating Income: 33000.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 3077.0
  • Tax Book Number: 127.00
  • Tax Lot: 172

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
03/14/2014 03/14/14 Sold $565,000 -10.2% $601 / Sq Ft
01/19/2014 01/19/14 Pending -- -- --
01/01/2014 01/01/14 For Sale $629,000 -- $669 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Scott Trevey

    REI Marketing

  • V

    Buyer's Agent in 2014

    Vladimir Rabinovich

    Realty One Group

    (602) 625-2665

    9 Total Sales

    Vladimir Rabinovich
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5054973

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Phoenix 85018 Camelback East Village

3451 N 37th St, Phoenix, AZ

This home is located at 3451 N 37th St, Phoenix, AZ 85018 since 01 January 2014. This property was built in 1979. 3451 N 37th St is a home located in Maricopa County with nearby schools including Monte Vista Elementary School, Camelback 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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