NOT LISTED FOR SALE

401 W Oak St Winslow, AZ 86047

-- Bed
-- Bath
6,311 Sq Ft
0.32 Acres

Last Sold May 28, 2019

Last sale price $485,000 $77 Per Sq Ft

388 Days on Market

About This Home

As of May 2019

This is a rare opportunity to own one of the nicest rental properties in Winslow. There are 3 one bedroom and 8 two bedroom units for a total of 11 rentals. While this is a older complex it has been well maintained over the years. With modern electrical system and a roof that is less than 10 years old. It has 13,concrete off street parking spaces. Each unit has its own electrical and gas meter. The rental market is Winslow historically has been very good, The listing brokerage also manages rental properties in Winslow and have a very good feel for the demand and the rental rates for the area. Currently all units but one is occupied, however the one vacant unit has people interested in it. The high demand for rental units and an recent appraisal supports the asking price.

Last Listed By

David Hartman

Harley Hendricks Realty License #BR030407000 Listed on: 03/26/2018

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,557

Year Built

  • Built in 1945

Lot Details

  • 0.32 Acre Lot
  • Property is zoned General

Home Design

  • 6,311 Sq Ft Home
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Wood
  • Concrete

Parking

  • 13 Open Parking Spaces
  • 13 Parking Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 103-16-184

Community Details

Overview

  • 4 Buildings
  • Hicks Add Subdivision

Building Details

  • Operating Expense $29,501
  • Gross Income $67,300
  • Net Operating Income $39,567

Property Details

Property Type

Other

Est. Annual Taxes

$1,557

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Cross Street: Berry
  • Legal Info Range: 15E
  • Property Type: Comm/Industry Sale
  • Zoning: General
  • Current Use: Retail
  • Number Of Buildings: 4
  • Year Built: 1945
  • Tax Year: 2017
  • Lot Size Acres: 0.32
  • Road Surface Type: Asphalt
  • Subdivision Name: HICKS ADD
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Wood, Concrete

Exterior Features

  • Fencing: None
  • Construction Type: Frame - Wood, Stucco
  • Roof: Composition
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Open Parking Spaces: 13.0
  • Total Parking Spaces: 13.0
  • General Property Description:Uncvrd Parking Spcs: 13.0
  • General Property Description:Total Parking Spcs: 13.0
  • Parking:Free: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: Individual Meter, APS
  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas
  • Water Source: City Franchise, Individual Meter
  • Heating:Natural Gas: Yes

Fee Information

  • Trash Expense: 7.0
  • Annual Water Sewer Expense: 6000.0

Lot Info

  • Lot Size Sq Ft: 13939.0
  • Additional Parcels: No
  • Parcel #: 103-16-184
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Gross Income: 67300.2
  • Insurance Expense: 3937.0
  • Maintenance Expense: 18000.0
  • Property Net Operating Income: 39567.14
  • Annual Operating Expense: 29500.84
  • Vacancy Allowance Rate: 0.01

Tax Info

  • Tax Annual Amount: 1556.84
  • Tax Book Number: 103.00
  • Tax Lot: 1
  • Tax Map Number: 16.00

Range of Values:

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Average Value
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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 Change Sq Ft Price
05/28/2019 05/28/19 Sold $485,000 -11.7% $77 / Sq Ft
04/15/2019 04/15/19 Pending -- -- --
03/21/2019 03/21/19 For Sale $549,000 +13.2% $87 / Sq Ft
03/21/2019 03/21/19 Off Market $485,000 -- --
11/19/2018 11/19/18 Price Changed $549,000 -20.3% $87 / Sq Ft
08/02/2018 08/02/18 Price Changed $689,000 -0.9% $109 / Sq Ft
03/23/2018 03/23/18 For Sale $695,000 -- $110 / 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: 5742268

Arizona Regional Multiple Listing Service (ARMLS)