NOT LISTED FOR SALE
2 Beds
1 Bath
810 Sq Ft
871 Sq Ft Lot

Last Sold March 31, 2017

Last sale price $1,600,000 $1,975 Per Sq Ft

14 Days on Market

Highlights

  • Central Air
  • Concrete Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of March 2017

CALL FOR OFFERS DATE MONDAY FEBRUARY 13th, 2017.
Rincon 22 Apartments is an 11-unit single story community located in the desirable Biltmore Corridor. Seller recently completed a total renovation of the property and then lease-up. Property currently 100% occupied.
Seller replaced the following during renovation: roof, HVAC systems, electrical panels, cabinets & countertops, appliances, windows, doors, and flooring. Each unit has in-suite laundry.

Last Listed By

Jason Ottman

JASON J OTTMAN License #BR635848000 Listed on: 02/05/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,192

Year Built

  • Built in 1970

Lot Details

  • 871

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Concrete Flooring

Parking

  • 4 Open Parking Spaces
  • 16 Parking Spaces
  • 12 Covered Spaces
  • Common or Shared Parking

Schools

  • Madison Camelview Elementary School
  • Madison Meadows Middle School
  • Camelback High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 19
  • Assessor Parcel Number 163-32-019

Community Details

Overview

  • 2 Buildings
  • 11 Units
  • Building Dimensions are 291'x100'

Building Details

  • Operating Expense $6,192

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,192

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Year Built: 1970
  • Tax Year: 2016
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Compactor2: Yes

Exterior Features

  • Disclosures: Boundary Survey Avlb
  • Construction Type: Painted, Stucco, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 12.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 16.0
  • General Property Description:Covered Parking Spcs: 12.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 16.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Assigned: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:PatioBalcony: 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:Unfurnished: Yes
  • Exterior Amenities:Satellite Dish: Yes

Schools

  • Elementary School: Madison Camelview Elementary
  • High School: Camelback High School
  • Middle Or Junior School: Madison Meadows School

Lot Info

  • Lot Size: 291'x100'
  • Additional Parcels: No
  • Parcel #: 163-32-019

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 11
  • Annual Operating Expense: 6192.0

Tax Info

  • Tax Annual Amount: 6192.0
  • Tax Book Number: 163.00
  • Tax Lot: 19

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 Change Sq Ft Price
03/31/2017 03/31/17 Sold $1,600,000 -4.5% $1,975 / Sq Ft
02/19/2017 02/19/17 Pending -- -- --
02/05/2017 02/05/17 For Sale $1,675,000 0.0% $2,068 / Sq Ft
07/15/2016 07/15/16 Rented $995 0.0% --
06/09/2016 06/09/16 Price Changed $995 -9.1% $1 / Sq Ft
05/16/2016 05/16/16 For Rent $1,095 -- --
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: 5557045

Arizona Regional Multiple Listing Service (ARMLS)