NOT LISTED FOR SALE

3734 W Camelback Rd Phoenix, AZ 85019

Alhambra Neighborhood
52 Beds
-- Bath
1,300 Sq Ft
1983 Built

Last Sold February 14, 2018

Last sale price $2,240,000 $1,723 Per Sq Ft

Highlights

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

About This Home

As of February 2018

Apartment complex with 32 units.

Last Agent to Sell the Property

Linda Zhang

West USA Realty License #SA633735000 Listed on: 02/05/2018

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

  • $10,544

Year Built

  • Built in 1983

Home Design

  • Built-Up Roof
  • Block Exterior
  • Stucco

Parking

  • 10 Open Parking Spaces
  • 42 Parking Spaces
  • 32 Covered Spaces

Additional Features

  • Concrete Flooring
  • Cooling Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer, landscaping, pool/spa maintenance
  • Assessor Parcel Number 145-14-007

Community Details

Overview

  • 4 Buildings
  • 32 Units
  • Building Dimensions are NA

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $74,684
  • Gross Income $1,463,000
  • Net Operating Income $130,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,544

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Cross Street: CAMELBACK & 37TH AVE
  • Property Type: Multiple Dwellings
  • Zoning: MULTI
  • Number Of Buildings: 4
  • Ownership: Fee Simple
  • Year Built: 1983
  • Tax Year: 2017
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 32.0
  • Parking Features: >1 Space Per Unit, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 42.0
  • General Property Description:Covered Parking Spcs: 32.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 42.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Community Amenities:Pool2: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Fuel Expense: 900.0
  • Trash Expense: 3800.0
  • Annual Water Sewer Expense: 13000.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: NA
  • Additional Parcels: No
  • Parcel #: 145-14-007

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping, Pool/Spa Maintenance
  • Tenant Pays: Electricity
  • Number Of Units Total: 32
  • Electric Expense: 1440.0
  • Annual Gross Income: 1463000.0
  • Insurance Expense: 4500.0
  • Maintenance Expense: 32000.0
  • Property Net Operating Income: 130000.0
  • Annual Operating Expense: 74684.0
  • Vacancy Allowance Rate: 8.0

Tax Info

  • Tax Annual Amount: 10544.0
  • Tax Book Number: 145.00
  • Tax Lot: 0
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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
02/14/2018 02/14/18 Sold $2,240,000 0.0% $1,723 / Sq Ft
02/05/2018 02/05/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $2,240,000 -- $1,723 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $13,505 $85,414 -- --
2024 $12,328 $81,347 -- --
2023 $12,328 $339,200 $67,840 $271,360
2022 $12,138 $269,980 $53,990 $215,990
2021 $12,252 $228,200 $45,640 $182,560
2020 $11,779 $131,480 $26,290 $105,190
2019 $11,634 $118,820 $23,760 $95,060
2018 $10,740 $114,820 $22,960 $91,860
2017 $10,605 $99,500 $19,900 $79,600
2016 $10,158 $82,970 $16,590 $66,380
2015 $9,614 $69,710 $13,940 $55,770
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Linda Zhang

    West USA Realty

    (480) 570-1496

    7 Total Sales

    Linda Zhang
    Section Image
  • Doreen Coutelin

    Buyer's Agent in 2018

    Doreen Coutelin

    Better Homes & Gardens Real Estate SJ Fowler

    (480) 650-4939

    15 Total Sales

    Doreen Coutelin
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5719172

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Phoenix 85019 Alhambra

3734 W Camelback Rd, Phoenix, AZ

Not Listed for Sale

MultiFamily

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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