NOT LISTED FOR SALE

4016 E Moreland St Unit 1-4 Phoenix, AZ 85008

Camelback East Village Neighborhood
8 Beds
4 Baths
752 Sq Ft
1963 Built

Sale Details

Date Sold: April 19, 2021

Last sale price $700,000 $931 Per Sq Ft

37 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Individual Controls for Heating
  • Phoenix Coding Academy Rated A
  • Ceiling Fan

About This Home

As of April 2021

Massive Opportunity to own 4 FULLY Renovated units with high end finishes and SOLID New Tenants! Exterior Paint Just completed, Landscape just completed, New Slate patios, new windows, new doors and security doors, new drywall and paint, smooth finish modern look, new wood look plank tile in every unit new white shaker soft close cabinets, new granite, WASHER DRYER in every unit, new bathrooms, new Kitchen, Stainless Samsung Appliances, new lighting, new fixtures, new window treatments, Roofs inspected, HVAC is serviced in each unit and new T-Stats, electrical upgraded, new water heaters, new ceiling fans in every room, These units rented in minutes, not days! Carports at every unit, HOA is $170 per month per unit, covers water sewer trash and landscape cleanup, plus roof and exterior.

Last Agent to Sell the Property

David Rogers

Diligence Realty License #BR540039000 Listed on: 02/17/2021

Last Buyer's Agent

Kandis Richardson

eXp Realty License #BR678301000

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,136

Year Built

  • Built in 1963

Home Design

  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Lot Details

  • Property fronts an alley
  • Additional Parcels

Schools

  • Camelback High School

Utilities

  • Cooling Available
  • Individual Controls for Heating
  • Separate Meters
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • Legal Lot and Block 1 / 26
  • Assessor Parcel Number 125-20-085

Community Details

Overview

  • 4 Units
  • Building Dimensions are 25X34 Each unit
  • Moreland Estates Condominiums Subdivision

Building Details

  • Operating Expense $9,896
  • Gross Income $52,024
  • Net Operating Income $48,008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,136

Year Built

Built in 1963

Listing Details

  • Cross Street: 40th Street and McDowell
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: M-H R-4
  • Number Of Buildings: 1
  • Ownership: Condominium
  • Year Built: 1963
  • Tax Year: 2020
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: MORELAND ESTATES CONDOMINIUMS
  • Cooling:Ceiling Fan(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range, Washer/Dryer, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: 1 Space/Unit, Common
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Breakfast Bar2: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Schools

  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 25X34 Each unit
  • Additional Parcels: Yes
  • Parcel #: 125-20-085

Multi Family

  • Owner Pays: Other
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 52023.6
  • Insurance Expense: 600.0
  • Property Net Operating Income: 48008.0
  • Annual Operating Expense: 9896.0
  • Vacancy Allowance Rate: 0.1

Tax Info

  • Tax Annual Amount: 1136.0
  • Tax Block: 26
  • Tax Book Number: 125.00
  • Tax Lot: 1
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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
04/19/2021 04/19/21 Sold $700,000 -6.5% $931 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $749,000 -- $996 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Agents Affiliated with this Home

  • David Rogers

    Seller's Agent in 2021

    David Rogers

    Diligence Realty

    (602) 549-2356

    10 in this area

    50 Total Sales

    David Rogers
    Section Image

  • K

    Buyer's Agent in 2021

    Kandis Richardson

    eXp Realty

    (714) 264-2098

    13 Total Sales

    Kandis Richardson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6195385

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Phoenix 85008 Camelback East Village

4016 E Moreland St Unit 1-4, Phoenix, AZ

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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