NOT LISTED FOR SALE
17 Beds
11 Baths
1,200 Sq Ft
1960 Built

Sale Details

Date Sold: October 14, 2013

Last sale price $140,000 $117 Per Sq Ft

153 Days on Market

Highlights

  • Evaporated cooling system
  • Phoenix Coding Academy Rated A
  • Heating System Uses Natural Gas

About This Home

As of October 2013

Great money maker on prime commercial lot - C-2 zoning - Owner's retirement is your gain! Two 2 BR homes and 9 Trailers - 2000 square foot storage building too - Mountain views - Many of the trailers are antique, could be remodeled and resold - All homes are furnished - Video security system - On site laundry - Shared hot water - Owner has been managing and doing repairs *** PLEASE DO NOT DISTURB THE TENANTS *** This is an As-Is sale

Last Agent to Sell the Property

Burton Cagen

AZ Brokerage Holdings, LLC License #SA017956000 Listed on: 04/24/2013

AZ Brokerage Holdings, LLC

Last Buyer's Agent

Charles Holinka

Pinnacle Real Estate & Investments License #SA639841000

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Master Meter
  • Septic Tank

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water
  • Tax Lot 47
  • Assessor Parcel Number 122-81-018-A

Community Details

Overview

  • 12 Buildings
  • 11 Units
  • Building Dimensions are 208 X 222

Building Details

  • Operating Expense $26,090
  • Gross Income $71,815
  • Net Operating Income $49,835

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Listing Details

  • Cross Street: 36th Street - Southern SW Corner
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: C - 2
  • Number Of Buildings: 12
  • Year Built: 1960
  • Tax Year: 2012
  • Road Surface Type: Gravel, Dirt
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: None
  • Construction Type: Other, See Remarks
  • Roof: Other, See Remarks
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Master Meter
  • Cooling: Evaporative Cooling
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes
  • Electric Master Meter: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Security Light(s)3: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Furnished: Yes

Lot Info

  • Lot Size: 208 X 222
  • Additional Parcels: No
  • Parcel #: 122-81-018-A

Multi Family

  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Cable TV
  • Number Of Units Total: 11
  • Electric Expense: 9135.0
  • Annual Gross Income: 71815.2
  • Insurance Expense: 1200.0
  • Maintenance Expense: 11645.0
  • Property Net Operating Income: 49835.0
  • Annual Operating Expense: 26090.0
  • Vacancy Allowance Rate: 0.08

Tax Info

  • Tax Annual Amount: 4110.0
  • Tax Book Number: 122.00
  • Tax Lot: 47

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2013
Closed on
Sep 28, 2013
Sold by
Bought by
Seller's Agent
Burton Cagen
AZ Brokerage Holdings, LLC
Buyer's Agent
Charles Holinka
Pinnacle Real Estate & Investments
List Price
$230,000
Sold Price
$140,000
Premium/Discount to List
-$90,000
-39.13%

Purchase Details

Closed on
Apr 5, 2006
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$140,000 Lawyers Title Of Arizona Inc
-- Transnation Title Ins Co
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/14/2013 10/14/13 Sold $140,000 -39.1% $117 / Sq Ft
09/20/2013 09/20/13 Pending -- -- --
04/20/2013 04/20/13 For Sale $230,000 -- $192 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,275 $21,719
2024 $3,100 $20,684
2023 $3,100 $39,420 $27,120 $12,300
2022 $3,037 $43,900 $32,840 $11,060
2021 $3,099 $40,870 $30,020 $10,850
2020 $3,061 $42,050 $31,310 $10,740
2019 $2,962 $38,210 $27,960 $10,250
2018 $2,882 $35,590 $25,130 $10,460
2017 $2,747 $34,150 $25,130 $9,020
2016 $2,613 $14,000 $8,714 $5,286
2015 $2,582 $14,000 $8,714 $5,286
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4925608

Arizona Regional Multiple Listing Service (ARMLS)
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