NOT LISTED FOR SALE

4207 N 9th St Phoenix, AZ 85014

Central City Neighborhood
20 Beds
-- Bath
3,024 Sq Ft
1965 Built

Last Sold September 27, 2018

Last sale price $1,570,000 $519 Per Sq Ft

120 Days on Market

Highlights

  • Central Air
  • Phoenix Coding Academy Rated A
  • Heating System Uses Natural Gas

About This Home

As of September 2018

The La Monte Apartments consists of 5 rental building, and is located in a quiet courtyard setting. The property sits on 2 tax parcels (APN: 155-17-038, -037). The well maintained property consists of (3) studios, (11) one bedrooms, (3) two bedrooms and (1) three bedroom unit. Each individually metered unit includes abundant closet space, modern kitchens and bathrooms. Amenities include an on-site laundry and plenty of tenant parking. The 3 bd unit has its own washer/dryer hookups.

This rare turnkey property is located just North of East Indian School Road in Phoenix's prized ''Central Corridor'', an area known for its major employers, schools, shopping, fine dining, parks, and the Light Rail transit system.

Last Agent to Sell the Property

Joseph Chaplik

Joseph Bernard Investment RE License #BR643479000 Listed on: 02/08/2018

Last Buyer's Agent

Joseph Chaplik

Joseph Bernard Investment RE License #BR643479000 Listed on: 02/08/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,089

Year Built

  • Built in 1965

Lot Details

  • Additional Parcels

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 22 Open Parking Spaces
  • 22 Parking Spaces
  • Assigned Parking

Schools

  • Longview Elementary School
  • Osborn Middle School
  • North High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 2
  • Assessor Parcel Number 155-17-038

Community Details

Overview

  • 5 Buildings
  • 18 Units
  • Building Dimensions are Unknown
  • Chesterfield Place Subdivision

Building Details

  • Operating Expense $61,762
  • Net Operating Income $86,583

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,089

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Cross Street: N 7th/E Indian School Rd
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 5
  • Year Built: 1965
  • Tax Year: 2017
  • Road Surface Type: Asphalt
  • Subdivision Name: CHESTERFIELD PLACE
  • 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
  • Roof: See Remarks, Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 22.0
  • Total Parking Spaces: 22.0
  • General Property Description:Uncvrd Parking Spcs: 22.0
  • General Property Description:Total Parking Spcs: 22.0
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central A/C, Individual
  • Heating: Individual, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks, No Pool

Association/Amenities

  • Community Amenities:Other18: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Community Amenities:No Pool: Yes
  • Community Amenities:See Remarks15: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Pet Restrictions: Yes

Schools

  • Elementary School: Longview Elementary School
  • High School: North High School
  • Middle Or Junior School: Osborn Middle School

Lot Info

  • Lot Size: Unknown
  • Additional Parcels: Yes
  • Parcel #: 155-17-038

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 18
  • Property Net Operating Income: 86583.0
  • Annual Operating Expense: 61762.0

Tax Info

  • Tax Annual Amount: 6089.0
  • Tax Book Number: 155.00
  • Tax Lot: 2
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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
09/27/2018 09/27/18 Sold $1,570,000 -1.9% $519 / Sq Ft
06/08/2018 06/08/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $1,600,000 0.0% $529 / Sq Ft
03/08/2018 03/08/18 Pending -- -- --
02/08/2018 02/08/18 For Sale $1,600,000 -- $529 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,307 $56,270 -- --
2024 $6,822 $53,591 -- --
2023 $6,822 $223,850 $32,600 $191,250
2022 $6,784 $145,230 $21,150 $124,080
2021 $6,899 $160,360 $23,350 $137,010
2020 $6,724 $140,350 $20,440 $119,910
2019 $6,432 $90,710 $13,210 $77,500
2018 $6,220 $76,530 $11,140 $65,390
2017 $5,710 $60,350 $8,790 $51,560
2016 $5,508 $45,590 $6,640 $38,950
2015 $5,121 $40,040 $5,830 $34,210
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Joseph Chaplik

    Joseph Bernard Investment RE

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5720782

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Phoenix 85014 Central City

4207 N 9th St, Phoenix, AZ

Not Listed for Sale

MultiFamily

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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