NOT LISTED FOR SALE

4206 N 10th Place Phoenix, AZ 85014

-- Bed
1 Bath
912 Sq Ft
9,583 Sq Ft Lot

Last Sold August 31, 2017

Last sale price $500,000 $548 Per Sq Ft

94 Days on Market

Highlights

  • Heated Community Pool
  • Cooling Available
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Ceramic Tile Flooring

About This Home

As of August 2017

Unique 6plex offers a solid Central Phoenix investment opportunity. This property is currently rented on a weekly basis and remains in extremely high demand. Can easily be converted to assisted living, traditional rental or new development. Land is 2 parcels, each w/ separate APN's 4202 N 10th 155-17-066-B & 4206 N 10th 155-17-066-A. 4 standalone cottage SFR's a large duplex and on-site mgr office. Zoned R-3 w/ space to add more units. Great central location, blocks from VA hospital, light rail, schools, restaurants/shopping, and local entertainment. Minutes to the Biltmore fashion park and easy access to freeways. Roofs, central heat/AC and windows replaced in 2013 and many other upgrades such as bathroom vanities, interior doors, fixtures, plumbing, electrical, and more! Pool was resurfaced recently. Driveway asphalt was resurfaced in January 2017. All units individually metered and new electric panels were installed in 2013. Covered carports for all units.
Community laundry room. All units have hook ups for individual laundry. New windows in some of the units.

Last Agent to Sell the Property

SLava Kosta

DeLex Realty License #BR573806000 Listed on: 02/07/2017

DeLex Realty

Last Buyer's Agent

Michael Collins

DeLex Realty License #BR108753000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,925

Year Built

  • Built in 1947

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 10 Open Parking Spaces
  • 16 Parking Spaces
  • 6 Covered Spaces

Schools

  • Longview Elementary School
  • Madison Park Middle School
  • Central High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • The owner pays for electricity, trash collection, water, sewer, landscaping
  • Tax Lot 16
  • Assessor Parcel Number 155-17-066-A

Community Details

Overview

  • 5 Buildings
  • 6 Units
  • Building Dimensions are 29316
  • Chesterfield Place Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $43,595
  • Gross Income $111,323
  • Net Operating Income $65,898

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,925

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Cross Street: 10th Street and Indian School
  • Property Type: Multiple Dwellings
  • Zoning: M-M
  • Number Of Buildings: 5
  • Ownership: Fee Simple
  • Year Built: 1947
  • Tax Year: 2016
  • Directions: Go North on 10th St to property on the West side of the street.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 14880.0
  • Subdivision Name: Chesterfield Place
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances: Other (See Remarks)
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: See Remarks, Painted, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Other (See Remarks)
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 16.0
  • General Property Description:Covered Parking Spcs: 6.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 16.0
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: APS, SRP
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Main Cooling Other: Yes

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Community Amenities:Pool2: Yes

Fee Information

  • Annual Fuel Expense: 2310.19
  • Annual Water Sewer Expense: 7549.24

Schools

  • Elementary School: Longview Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Madison Park School

Lot Info

  • Lot Size: 29316
  • Additional Parcels: Yes
  • Parcel #: 155-17-066-A

Multi Family

  • Owner Pays: Other, See Remarks, Electricity, Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: See Remarks
  • Number Of Units Total: 6
  • Electric Expense: 13083.36
  • Annual Gross Income: 111322.67
  • Insurance Expense: 3847.0
  • Property Net Operating Income: 65897.76
  • Annual Operating Expense: 43594.79

Tax Info

  • Tax Annual Amount: 1925.0
  • Tax Book Number: 155.00
  • Tax Lot: 16

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
08/31/2017 08/31/17 Sold $500,000 -2.9% $548 / Sq Ft
07/28/2017 07/28/17 For Sale $515,000 0.0% $565 / Sq Ft
07/28/2017 07/28/17 Price Changed $515,000 +3.0% $565 / Sq Ft
05/12/2017 05/12/17 Pending -- -- --
05/06/2017 05/06/17 Pending -- -- --
05/01/2017 05/01/17 Off Market $500,000 -- --
04/27/2017 04/27/17 Price Changed $515,000 -1.9% $565 / Sq Ft
03/15/2017 03/15/17 For Sale $525,000 0.0% $576 / Sq Ft
02/22/2017 02/22/17 Pending -- -- --
02/07/2017 02/07/17 For Sale $525,000 +138.6% $576 / Sq Ft
05/02/2013 05/02/13 Sold $220,000 -8.3% $241 / Sq Ft
04/12/2013 04/12/13 Pending -- -- --
01/17/2013 01/17/13 For Sale $240,000 -- $263 / 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: 5558117

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-16-014A