NOT LISTED FOR SALE

4241 N 23rd Ave Unit 5-8 Phoenix, AZ 85015

Alhambra Neighborhood
8 Beds
4 Baths
644 Sq Ft
1985 Built

Last Sold June 30, 2015

Last sale price $170,000 $264 Per Sq Ft

8 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • Individual Controls for Heating
  • Phoenix Coding Academy Rated A

About This Home

As of June 2015

Awesome fourplex. All units are 2 beds 1 bath. Property consists of 4 units in 2 bldgs. with rents averaging $550 with room to increase. Close to all public transportation as well as I-17. Easy to rent in this area. Drive by only. Buyer to verify all items prior to close of escrow. Building must be sold with other fourplex at same address MLS #5280034. ABSOLUTELY NO CONTACT WITH TENANTS OR WALKING ON PROPERTY - PLEASE!

Last Agent to Sell the Property

Marla Wicks

Better Homes & Gardens Real Estate SJ Fowler License #SA535997000 Listed on: 05/14/2015

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Erika Estler

HomeSmart License #SA636031000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,348

Year Built

  • Built in 1985

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Siding
  • Stucco

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Paved Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Individual Controls for Heating
  • Window Unit Heating System

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Assessor Parcel Number 154-29-013-B

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are irr

Building Details

  • Operating Expense $7,348
  • Net Operating Income $17,891

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,348

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: Indian School & 23rd Avenue
  • Property Type: Multiple Dwellings
  • Zoning: multi
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2014
  • Directions: Indian School to 23rd Avenue North to Glenrosa, property is on NE corner.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1920.0
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Siding, Painted, Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Parking Features: Paved Parking, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Individual, Wall/Window Unit(s)
  • Heating: Individual, Window/Wall Unit(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Individual: Yes
  • Heating:WindowWall Unit(s): Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes

Fee Information

  • Annual Water Sewer Expense: 1500.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: irr
  • Additional Parcels: Yes
  • Parcel #: 154-29-013-B

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 4
  • Insurance Expense: 780.0
  • Maintenance Expense: 1800.0
  • Property Net Operating Income: 17891.0
  • Annual Operating Expense: 7348.0
  • Vacancy Allowance Rate: 0.5

Tax Info

  • Tax Annual Amount: 1348.0
  • Tax Book Number: 154.00
  • Tax Lot: 0

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
06/30/2015 06/30/15 Sold $170,000 -2.8% $264 / Sq Ft
05/22/2015 05/22/15 Pending -- -- --
05/14/2015 05/14/15 For Sale $174,900 -- $272 / 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: 5280070

Arizona Regional Multiple Listing Service (ARMLS)