NOT LISTED FOR SALE

4236 N 12th St Phoenix, AZ 85014

-- Bed
-- Bath
1,800 Sq Ft
1948 Built

Last Sold May 01, 2013

Last sale price $600,000 $333 Per Sq Ft

163 Days on Market

Highlights

  • Heated Community Pool
  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A
  • Ceramic Tile Flooring

About This Home

As of May 2013

Centrally located near both midtown/downtown and the Camelback corridor, these buildings enjoy R-5 zoning which allows offices for professional use as well as single and multifamily housing and group homes. Many units have been refurbished with ceramic tile floors and each have wood-beamed ceilings. The apartments surround a central courtyard with sparkling pool with lush mature landscape. The 1,800 sf office building fronts 12th Street . Buyer to verify all fact and figures. OWNER WILL CARRY FOR THE RIGHT BUYER!!

Last Agent to Sell the Property

Jake Allen

Tradelands Realty License #SA569290000 Listed on: 10/31/2012

Last Buyer's Agent

Linda Ayala

Orion Investment Real Estate License #SA555019000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,663

Year Built

  • Built in 1948

Home Design

  • Composition Roof
  • Built-Up Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 21 Open Parking Spaces
  • 21 Parking Spaces
  • On-Street Parking

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for gas, electricity, trash collection, water, sewer, landscaping, pool/spa maintenance
  • Tax Lot 4
  • Assessor Parcel Number 155-15-088

Community Details

Overview

  • 3 Buildings
  • 21 Units
  • Building Dimensions are IRR
  • Desert Villas Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $43,813
  • Gross Income $90,783
  • Net Operating Income $49,693

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,663

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Cross Street: Indian School & 12th St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R5
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1948
  • Tax Year: 2012
  • Directions: North of Indian School on 12th St. 21 MULTIFAMILY UNITS PLUS 1800SF OFFICE (2 SUITES) TOTAL 23units.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2676.6
  • Subdivision Name: Desert Villas
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition, Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 21.0
  • Total Parking Spaces: 21.0
  • General Property Description:Uncvrd Parking Spcs: 21.0
  • General Property Description:Total Parking Spcs: 21.0
  • Parking:Street Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Heat Pump, Evaporative Cooling
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Community Amenities:Pool2: Yes

Fee Information

  • Annual Fuel Expense: 2321.0
  • Trash Expense: 1800.0
  • Annual Water Sewer Expense: 8500.0

Schools

  • Elementary School: Other
  • High School: Other
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Other

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 155-15-088

Multi Family

  • Owner Pays: Gas, Electricity, Trash Collection, Water, Sewer, Landscaping, Pool/Spa Maintenance
  • Tenant Pays: Electricity
  • Number Of Units Total: 21
  • Electric Expense: 10852.0
  • Annual Gross Income: 90783.0
  • Insurance Expense: 3500.0
  • Maintenance Expense: 5000.0
  • Property Net Operating Income: 49693.0
  • Annual Operating Expense: 43812.58
  • Vacancy Allowance Rate: 0.3

Tax Info

  • Tax Annual Amount: 4662.98
  • Tax Book Number: 155.00
  • Tax Lot: 4

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
05/01/2013 05/01/13 Sold $600,000 -9.8% $333 / Sq Ft
04/12/2013 04/12/13 Pending -- -- --
10/31/2012 10/31/12 For Sale $665,000 -- $369 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jake Allen

    Tradelands Realty

    (480) 610-6833

    47 Total Sales

    Section Image

  • L

    Buyer's Agent in 2013

    Linda Ayala

    Orion Investment Real Estate

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4842744

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Phoenix 85014

4236 N 12th St, Phoenix, AZ

This home is located at 4236 N 12th St, Phoenix, AZ 85014 since 31 October 2012. This property was built in 1948. 4236 N 12th St is a home located in Maricopa County with nearby schools including Longview Elementary School, Osborn Middle School, and Phoenix Coding Academy.

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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