NOT LISTED FOR SALE

3601 N 38th St Phoenix, AZ 85018

Camelback East Village Neighborhood
1 Bed
1 Bath
650 Sq Ft
0.89 Acres

Last Sold December 12, 2016

Last sale price $900,000 $1,385 Per Sq Ft

34 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of December 2016

What an opportunity!
8 separate free standing single family homes on just under one acre of land in one of the fastest growing parts of Phoenix is now for sale!
There is plenty of extra land on the property to add additional structures or start from scratch.
Each house has a backyard with washer/dryer hook ups and storage. Rarely vacant and many tenants 3+ years. The ROI potential on this property is truly endless. Short walk to many popular restaurants & Bars such as Becketts Table, Dilly Dally, Sip, & Le Grande Orange. Madison Improvement Club, Sky Harbor Airport, & Camelback Mountain are all within close proximity as well.
Drive by only, please do not disturb tenants.

Last Agent to Sell the Property

Andrew Gregg

West USA Realty License #SA658242000 Listed on: 09/22/2016

West USA Realty

Last Buyer's Agent

Doreen Coutelin

Better Homes & Gardens Real Estate SJ Fowler License #SA652895000

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,087

Year Built

  • Built in 1957

Lot Details

  • 0.89

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Concrete
  • Vinyl

Parking

  • 16 Open Parking Spaces
  • 16 Parking Spaces
  • On-Street Parking

Schools

  • Monte Vista Elementary School
  • Camelback High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 175
  • Assessor Parcel Number 127-19-001-C

Community Details

Overview

  • 8 Buildings
  • 8 Units
  • Building Dimensions are 159.04' x 244'
  • North Citrus Acres Amd Subdivision

Building Details

  • Operating Expense $12,057
  • Gross Income $62,700
  • Net Operating Income $52,730

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,087

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Cross Street: 38th street & Indian school
  • Property Type: Multiple Dwellings
  • Zoning: R3 Multi Family
  • Number Of Buildings: 8
  • Ownership: Fee Simple
  • Year Built: 1957
  • Tax Year: 2015
  • Directions: Go south from Indian School Rd. on 38th St. for about .25 miles and 3601 will be on the east side of the street.
  • Road Surface Type: Gravel, Dirt
  • Subdivision Name: NORTH CITRUS ACRES AMD
  • Tax Parcel Letter: C
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl, Concrete
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: <1 Space Per Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 16.0
  • Total Parking Spaces: 16.0
  • General Property Description:Uncvrd Parking Spcs: 16.0
  • General Property Description:Total Parking Spcs: 16.0
  • Parking:Street Parking: Yes
  • Parking:_less_1 Space Per Unit: 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: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Trash Expense: 2000.0
  • Annual Water Sewer Expense: 4000.0

Schools

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

Lot Info

  • Lot Size: 159.04' x 244'
  • Additional Parcels: No
  • Parcel #: 127-19-001-C

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 8
  • Annual Gross Income: 62700.0
  • Insurance Expense: 2970.0
  • Property Net Operating Income: 52730.0
  • Annual Operating Expense: 12057.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2087.0
  • Tax Book Number: 127.00
  • Tax Lot: 175

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 List to Sale Price per Sq Ft
12/12/2016 12/12/16 Sold $900,000 0.0% $1,385 / Sq Ft
11/17/2016 11/17/16 For Sale $899,999 0.0% $1,385 / Sq Ft
10/26/2016 10/26/16 Pending -- -- --
09/22/2016 09/22/16 For Sale $899,999 -- $1,385 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Andrew Gregg

    Seller's Agent in 2016

    Andrew Gregg

    West USA Realty

    (480) 948-5554

    1 in this area

    76 Total Sales

    Andrew Gregg
    Section Image
  • Doreen Coutelin

    Buyer's Agent in 2016

    Doreen Coutelin

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 650-4939

    1 in this area

    17 Total Sales

    Doreen Coutelin
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5500639

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Phoenix 85018 Camelback East Village

3601 N 38th St, Phoenix, AZ

This home is located at 3601 N 38th St, Phoenix, AZ 85018 since 22 September 2016. This property was built in 1957. 3601 N 38th 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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