NOT LISTED FOR SALE
14 Beds
13 Baths
-- Sq Ft
1946 Built

Last Sold November 18, 2015

Last sale price $338,000

16 Days on Market

Highlights

  • Evaporated cooling system
  • Phoenix Coding Academy Rated A
  • Floor Furnace

About This Home

As of November 2015

13 master metered units. 12 1/1's and a single 2/1.This sale went into escrow immediately prior to having been added to the MLS system. Added for comparable purposes only. It had multiple offers and was sold AS IS.
The property was originally built with 2 more units which the new owner plans to return to service for a total of 15 units.

Last Agent to Sell the Property

Lloyd Kaipainen

Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 11/20/2015

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Lloyd Kaipainen

Better Homes & Gardens Real Estate SJ Fowler License #BR517153000 Listed on: 11/20/2015

Better Homes & Gardens Real Estate SJ Fowler

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,499

Year Built

  • Built in 1946

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Block Exterior

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Legal Lot and Block 2 / 2
  • Assessor Parcel Number 116-01-049-A

Community Details

Overview

  • 3 Buildings
  • 13 Units
  • Building Dimensions are irr
  • Aviation Homesites Subdivision

Building Details

  • Gross Income $72,390
  • Net Operating Income $30,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,499

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Cross Street: Van Buren and I-10
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 3
  • Year Built: 1946
  • Tax Year: 2015
  • Directions: East to 21st Street, North to Polk - on the NEC of 21st Street and Polk.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 4916.0
  • Subdivision Name: AVIATION HOMESITES
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block, Frame - Wood
  • Roof: Built-Up, Rolled/Hot Mop
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 20.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 20.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Electric, Evaporative Cooling, Wall/Window Unit(s)
  • Heating: Natural Gas, Floor Furnace, Wall Furnace
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Fuel Expense: 4260.0
  • Trash Expense: 852.0
  • Annual Water Sewer Expense: 9000.0

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 116-01-049-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 13
  • Electric Expense: 11136.0
  • Annual Gross Income: 72390.0
  • Insurance Expense: 2682.0
  • Maintenance Expense: 4000.0
  • Property Net Operating Income: 30480.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1499.0
  • Tax Block: 2
  • Tax Book Number: 116.00
  • Tax Lot: 2

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 List to Sale Price per Sq Ft
11/18/2015 11/18/15 Sold $338,000 0.0% --
11/06/2015 11/06/15 Pending -- -- --
10/21/2015 10/21/15 For Sale $338,000 -- --
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: 5365245

Arizona Regional Multiple Listing Service (ARMLS)