NOT LISTED FOR SALE
3 Beds
2 Baths
2,112 Sq Ft
0.32 Acres

Last Sold December 30, 2013

Last sale price $830,000 $393 Per Sq Ft

39 Days on Market

Highlights

  • Wood Flooring
  • Heated Community Pool
  • Community Playground
  • Phoenix Coding Academy Rated A
  • Cooling Available
  • Ceiling Fan

About This Home

As of December 2013

Fully renovated property. All new electrical, AC, plumbing, roofs, water heaters, parking, windows, landscaping, pool equipment, laundry, appliances, cabinets, counters, flooring and all cosmetic finishes. All work was done with city permits. Property is fully stabilized with the potential of 1 additional 2 bedroom unit on the property.

Last Agent to Sell the Property

Kyle Wyloge

Momentum Brokers LLC License #SA573615000 Listed on: 10/18/2013

Last Buyer's Agent

Carla Cericola

Iannelli and Associates License #BR024782000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,925

Year Built

  • Built in 1960

Lot Details

  • 0.32

Home Design

  • Brick Exterior Construction
  • Tile Roof
  • Foam Roof
  • Block Exterior
  • Stucco
  • Adobe

Interior Spaces

  • Ceiling Fan
  • Wood Flooring

Parking

  • 15 Open Parking Spaces
  • 15 Parking Spaces

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, landscaping, pool/spa maintenance
  • Tax Lot 160
  • Assessor Parcel Number 127-21-051

Community Details

Overview

  • 7 Buildings
  • 12 Units
  • Building Dimensions are 30900

Recreation

  • Community Playground
  • Heated Community Pool

Building Details

  • Operating Expense $20,753
  • Gross Income $96,768
  • Net Operating Income $76,740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,925

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: Thomas & 40th Street
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 7
  • Year Built: 1960
  • Tax Year: 2013
  • Road Surface Type: Asphalt
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Brick Veneer, Painted, Stucco, Adobe, Block
  • Roof: Tile, Foam
  • Construction:Block: Yes
  • Construction:Adobe: Yes

Garage/Parking

  • Open Parking Spaces: 15.0
  • Total Parking Spaces: 15.0
  • General Property Description:Uncvrd Parking Spcs: 15.0
  • General Property Description:Total Parking Spcs: 15.0
  • Parking:Street Parking: Yes
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Electric, Ceiling Fan(s)
  • Heating: Individual, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: Play Area, Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Community Amenities:Pool2: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Community Amenities:Play Area: Yes

Fee Information

  • Trash Expense: 864.0
  • Annual Water Sewer Expense: 2016.0

Lot Info

  • Lot Size: 30900
  • Additional Parcels: No
  • Parcel #: 127-21-051

Multi Family

  • Owner Pays: Trash Collection, Water, Landscaping, Pool/Spa Maintenance
  • Tenant Pays: Cable TV
  • Number Of Units Total: 12
  • Electric Expense: 1620.0
  • Annual Gross Income: 96768.0
  • Insurance Expense: 3588.0
  • Maintenance Expense: 1260.0
  • Property Net Operating Income: 76740.0
  • Annual Operating Expense: 20753.0

Tax Info

  • Tax Annual Amount: 1925.0
  • Tax Book Number: 127.00
  • Tax Lot: 160

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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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 Prior Sale
12/30/2013 12/30/13 Sold $830,000 -2.4% $393 / Sq Ft
11/26/2013 11/26/13 Pending -- -- --
10/18/2013 10/18/13 For Sale $850,000 0.0% $402 / Sq Ft
07/15/2013 07/15/13 Rented $1,600 -5.9% --
07/03/2013 07/03/13 Under Contract -- -- --
03/30/2013 03/30/13 For Rent $1,700 0.0% --
05/18/2012 05/18/12 Sold $267,500 -16.4% $619 / Sq Ft View Prior Sale
04/17/2012 04/17/12 Pending -- -- --
03/14/2012 03/14/12 For Sale $320,000 -- $741 / 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: 5016932

Arizona Regional Multiple Listing Service (ARMLS)