Seller's Agent in 2018
Rick Horst
Keller Williams Arizona Realty
(480) 767-3014
37 Total Sales
4128 N 10th St Phoenix, AZ 85014
2
Beds
1
Bath
800
Sq Ft
0.67
Acres
Highlights
- Wood Flooring
- Cooling Available
- Heat Pump System
- Phoenix Coding Academy Rated A
About This Home
As of March 2018Central Park Villas is a Single Story, Garden-Style, Multifamily Community located in Midtown Phoenix. It is near Phoenix Children’s Hospital, Arizona Heart Hospital and positioned amid boutiques and popular eateries. Conveniently only one-mile from State Route 51 and less than one-mile from the Central Avenue Corridor, which serves as the main connection between Uptown/Midtown to Downtown Phoenix and is one of Phoenix’s most vital and heavily trafficked stretches of roadway. The Valley Metro light rail operates along Central Avenue spanning 4.3 miles from Camelback Road to Jefferson Street. The Indian School/Central station is the nearest stop to Central Park Villas and is located 0.8 miles west of the property. The Valley Metro light rail services more than 50,000+ people daily & (more) represents one of the most significant and ongoing developments in the Phoenix MSA.
It is a short distance from The Sky Harbor Airport and within a one-mile radius there are several schools, parks, The Phoenix Country Club and the VA Medical Center.
The Pride of Ownership is easy to detect, in this property which consists of (six) one-bedroom units of 707-square-feet, (two) two-bedroom units of 800-square-feet, a two bedroom casita of 800-square- feet, and a stand-alone two-bedroom house of 1,400-square-feet. The community was built in 1966 of block construction with pitched asphalt shingle roofs. Since 2012, all of the units have been Renovated and now have Fully Equipped Kitchens, New Tile Flooring, New Fixtures, Plumbing, Wiring and Patio Style Doors that lead to a Lush Central Courtyard, which sets the property apart, as it contains mature and lush landscaping allowing tenants to feel like they live in a country oasis. The tenants actually pick grapefruits and oranges, from the mature fruit trees. Not only is the community always fully occupied with rising rents but there's actually a waiting list.
The property has Two Washers and Two Dryers (additional income), Individual Storage Spaces (for a fee) and covered parking for each unit. For added privacy, there is a perimeter block wall enclosing the community.
The property is individually metered for power and master metered for water. The property owner is responsible for the cost of water, sewer, trash. The residents are responsible for the cost of electricity and gas in their units, including the cost of heating and air conditioning.
Central Park Villas offers an investor the opportunity to acquire a very well maintained and efficiently managed community, due to its consistent occupancy, stable income and improving demographics in the surrounding area. This property will be a great addition to an investor's portfolio or would serve as an ideal, pride of ownership, opportunity for a new investor entering the market.
Last Agent to Sell the Property
Keller Williams Arizona Realty License #SA640657000 Listed on: 01/04/2018
Last Buyer's Agent
Matthew Roach
Orion Investment Real Estate License #SA659386000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,432
Year Built
- Built in 1966
Lot Details
- 0.67
Home Design
- Composition Roof
- Block Exterior
Flooring
- Wood
- Ceramic Tile
Parking
- 5 Open Parking Spaces
- 17 Parking Spaces
- 12 Covered Spaces
- Paved Parking
- On-Street Parking
- Assigned Parking
Schools
- Longview Elementary School
- Osborn Middle School
- North High School
Utilities
- Cooling Available
- Heat Pump System
Listing and Financial Details
- Tenant pays for gas, electricity, cable TV
- The owner pays for trash collection, water, sewer, landscaping
- Legal Lot and Block 13 / 2
- Assessor Parcel Number 155-17-063
Community Details
Overview
- 4 Buildings
- 10 Units
- Building Dimensions are 303x96
- Chesterfield Place Subdivision
Building Details
- Operating Expense $19,132
- Gross Income $97,307
- Net Operating Income $78,296
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/30/2018 03/30/18 | Sold | $1,200,000 | -21.3% | $1,500 / Sq Ft |
| 02/08/2018 02/08/18 | Pending | -- | -- | -- |
| 01/04/2018 01/04/18 | For Sale | $1,525,000 | 0.0% | $1,906 / Sq Ft |
| 08/01/2017 08/01/17 | Rented | $1,400 | 0.0% | -- |
| 07/13/2017 07/13/17 | Under Contract | -- | -- | -- |
| 07/07/2017 07/07/17 | For Rent | $1,400 | +86.7% | -- |
| 11/25/2015 11/25/15 | Rented | $750 | -6.3% | -- |
| 10/21/2015 10/21/15 | For Rent | $800 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Rick Horst
-
Kerry Keezer
Seller Co-Listing Agent in 2018
Kerry Keezer
72SOLD
(480) 760-1494
55 Total Sales
-
M
Buyer's Agent in 2018
Matthew Roach
Orion Investment Real Estate
-
Kelley Scholtes
Seller's Agent in 2017
Kelley Scholtes
Prestige Realty
(602) 944-2100
25 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5704886
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.
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
Nearby Homes
- 1016 E Indian School Rd
- 4104 N 11th St
- 4142 N 11th St Unit 8
- 920 E Devonshire Ave Unit 4004
- 920 E Devonshire Ave Unit 2005
- 920 E Devonshire Ave Unit 3025
- 920 E Devonshire Ave Unit 2019
- 1002 E Fairmount Ave
- 724 E Devonshire Ave Unit 302
- 724 E Devonshire Ave Unit 106
- 724 E Devonshire Ave Unit 108
- 713 E Amelia Ave
- 3832 N 9th St
- 4032 N 7th St
- 4150 N 12th St
- 939 E Turney Ave
- 3827 N 8th St
- 4050 N 12th St
- 4050 N 12th St Unit 7
- 4050 N 12th St Unit 6
- 4128 N 10th St Unit 4
- 4128 N 10th St
- 4128 N 10th St Unit 2
- 4128 N 10th St
- 4140 N 10th St Unit 2
- 4140 N 10th St Unit 3
- 4117 N 10th St
- 4141 N 10th St
- 4202 N 10th St Unit 1
- 4202 N 10th St Unit 3
- 4115 N 10th St
- 4143 N 10th St
- 4201 N 10th St
- 4123 N 9th St
- 4123 N 9th St Unit 6
- 4126 N 10th Place
- 4130 N 10th Place
- 4120 N 10th Place
- 4136 N 10th Place
- 1014 E Indian School Rd