$258,000
SOLD NOV 5, 2013
-- Bed
-- Bath
856 Sq Ft
436 Sq Ft Lot

Recently Sold

$301 Per Sq Ft

50% Below List Price

28 Days on Market

Highlights

  • Heated Community Pool
  • Cooling Available
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Vinyl Flooring

About This Home

As of November 2013

Perfectly placed in the Baseline Corridor, this condo community sits just steps away from challenging golf, a short bike ride to Phoenix’s acclaimed South Mountain Park and is a quick drive to Sky Harbor International Airport, Tempe and Arizona State University. With low entry point pricing and high rental demand, it isn't surprising that this community is primed for investors.

Last Agent to Sell the Property

Linda Gerchick

Gerchick Real Estate License #BR114848000 Listed on: 09/27/2013

Co-Listed By

Zack Mishkin

Orion Investment Real Estate License #SA566430000

Last Buyer's Agent

Linda CCIM

Stephen Magee Int'l Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,216

Year Built

  • Built in 1986

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco

Parking

  • 1 Parking Space
  • 1 Covered Space
  • Common or Shared Parking
  • Assigned Parking

Schools

  • Cloves C Campbell Sr Elementary School
  • South Mountain High School

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Vinyl Flooring
  • Additional Parcels

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, pool/spa maintenance
  • Tax Lot 1061
  • Assessor Parcel Number 301-23-488

Community Details

Overview

  • 4 Units
  • Building Dimensions are 0
  • Shadow Mountain Villas Condo Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $14,798
  • Gross Income $15,172
  • Net Operating Income $15,970

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,216

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: Baseline Rd and 32nd St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: 0
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2013
  • Directions: East on Baseline to Shadow Mountain Villas. Entrance on South side of the street.
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Professional Management Expense: 2490.0
  • Co List Office Mls Id: gerc01
  • Co List Office Phone: 602-688-9279
  • Subdivision Name: Shadow Mountain Villas Condo
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Assigned, Add'l Parking Avail, 1 Space/Unit, Common
  • Attached Garage: No
  • Total Parking Spaces: 1.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 1.0
  • Parking:Carport: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Community Amenities:Pool2: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes

Schools

  • Elementary School: Cloves C Campbell Sr Elementary School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Cloves C Campbell Sr Elementary School

Lot Info

  • Lot Size: 0
  • Additional Parcels: Yes
  • Parcel #: 301-23-488

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Pool/Spa Maintenance
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 15171.5
  • Insurance Expense: 740.0
  • Maintenance Expense: 2000.0
  • Property Net Operating Income: 15970.0
  • Annual Operating Expense: 14798.08
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1216.08
  • Tax Book Number: 301.00
  • Tax Lot: 1061

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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
06/13/2025 06/13/25 For Sale $265,000 0.0% $298 / Sq Ft
01/30/2015 01/30/15 Rented $950 0.0% --
01/26/2015 01/26/15 Under Contract -- -- --
01/20/2015 01/20/15 For Rent $950 0.0% --
11/05/2013 11/05/13 Sold $258,000 -50.4% $301 / Sq Ft
10/25/2013 10/25/13 Pending -- -- --
09/27/2013 09/27/13 For Sale $520,000 -- $607 / 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: 5005831

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-23-693