NOT LISTED FOR SALE

39 W Medlock Dr Phoenix, AZ 85013

Uptown Phoenix Neighborhood
16 Beds
-- Bath
2,272 Sq Ft
1981 Built

Last Sold May 03, 2016

Last sale price $995,000 $438 Per Sq Ft

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Madison Richard Simis School Rated A-

About This Home

As of May 2016

This 8 unit was sold prior to MLS but included for comparable purposes.
The Townhouses on Medlock is an eight unit complex built in 1981 with eye towards the future for condo-conversion. The units feature 2 master bedrooms & 2 bathrooms, with a loft and four units have fireplaces. Each unit has a washer/dryer hookup & ample covered and uncovered parking! All units are individually metered for electric, have an individual front patio and an alarm system. This is a Class A location in North Central Phoenix and close to everything! The Camelback/Biltmore Corridor is just
blocks away. The main arterials of 7th Avenue/7th Street are minutes away providing convenient access to downtown Phoenix along with the Light Rail Station at Camelback and Central!!!

Last Agent to Sell the Property

Lloyd Kaipainen

Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 04/06/2016

Better Homes & Gardens Real Estate SJ Fowler

Co-Listed By

Lois Kaipainen

Income Property Shop License #SA567276000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,255

Year Built

  • Built in 1981

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 16 Parking Spaces
  • 8 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 46
  • Assessor Parcel Number 162-23-085

Community Details

Overview

  • 8 Units
  • Building Dimensions are irr
  • Medlock Place Amd Lots 1 11 Subdivision

Building Details

  • Gross Income $90,744
  • Net Operating Income $51,148

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,255

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Cross Street: Camelback & Central
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1981
  • Tax Year: 2015
  • Directions: West to 3rd Ave, North to Medlock, East to property on South side of street
  • Road Surface Type: Asphalt
  • Professional Management Expense: 6352.0
  • Co List Office Mls Id: sjfl03
  • Co List Office Phone: 602-264-8400
  • Subdivision Name: MEDLOCK PLACE AMD LOTS 1-11
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 8.0
  • Parking Features: Add'l Parking Avail, 1 Space/Unit, Common
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 16.0
  • General Property Description:Covered Parking Spcs: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 16.0
  • Parking:Carport: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: 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:Partially Fenced: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 5952.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 162-23-085

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 8
  • Annual Gross Income: 90744.0
  • Insurance Expense: 4000.0
  • Maintenance Expense: 8000.0
  • Property Net Operating Income: 51148.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 5255.0
  • Tax Book Number: 162.00
  • Tax Lot: 46

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
05/03/2016 05/03/16 Sold $995,000 0.0% $438 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $995,000 -- $438 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Lloyd Kaipainen

    Better Homes & Gardens Real Estate SJ Fowler

    Section Image

  • L

    Seller Co-Listing Agent in 2016

    Lois Kaipainen

    Income Property Shop

    Section Image

  • N

    Buyer's Agent in 2016

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5438570

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Phoenix 85013 Uptown Phoenix

39 W Medlock Dr, Phoenix, AZ

This home is located at 39 W Medlock Dr, Phoenix, AZ 85013 since 06 April 2016. This property was built in 1981. 39 W Medlock Dr is a home located in Maricopa County with nearby schools including Madison Richard Simis School, Madison Meadows School, and Central High School.

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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