NOT LISTED FOR SALE
2 Beds
1 Bath
810 Sq Ft
0.25 Acres

Last Sold July 03, 2019

Last sale price $835,000 $1,031 Per Sq Ft

17 Days on Market

Highlights

  • Wood Flooring
  • Phoenix Coding Academy Rated A
  • Central Heating and Cooling System

About This Home

As of July 2019

Amazing opportunity located in the hottest area in all of Phoenix Biltmore/Arcadia. Two Single Story Duplex's side by side, front entry fenced with gate for privacy, pitched roofs. copper plumbing, block construction, fenced private backyards with new artificial grass, private laundry & storage. Units 1,2,4 gutted and completely remodeled see photos. Exterior block has been sand blasted for looks, new paint, gravel and shrubs, Zero Scape low maintenance landscaping and much more.
New remodels going on everywhere you look as well as new townhome projects , lots of activity .
Rents are low for the area and will be raised when leases expire.

Last Agent to Sell the Property

Justin Bland

Better Homes & Gardens Real Estate SJ Fowler License #SA529935000 Listed on: 05/28/2019

Last Buyer's Agent

Terry Kass

R.O.I. Properties License #BR503783000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,645

Year Built

  • Built in 1968

Lot Details

  • 0.25

Home Design

  • Brick Exterior Construction

Flooring

  • Wood
  • Concrete

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Schools

  • Madison #1 Middle Elementary School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Tax Lot 9
  • Assessor Parcel Number 163-05-043-B

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are IR
  • Citrus Heights Lots 10 33 Subdivision

Building Details

  • Operating Expense $11,545
  • Gross Income $56,454
  • Net Operating Income $44,909

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,645

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Cross Street: Campbell & 27th St
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 2
  • Year Built: 1968
  • Tax Year: 2018
  • Directions: From Campbell and 27th St, take 27th St South to Glenrosa, Property ahead on right.
  • Road Surface Type: Asphalt, Concrete, Curb(s) & Gutter(s), Sidewalk(s)
  • Professional Management Expense: 3200.0
  • Subdivision Name: CITRUS HEIGHTS LOTS 10-33
  • Tax Parcel Letter: B
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood, Concrete
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Other, See Remarks, Painted, Brick
  • Roof: See Remarks, Rolled/Hot Mop

Garage/Parking

  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:_less_1 Space Per Unit: Yes

Utilities

  • Electric: SRP, City Electric, Individual Meter
  • Cooling: Central A/C, Individual, Electric
  • Heating: Individual, Central, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Trash Expense: 600.0
  • Annual Water Sewer Expense: 2100.0

Schools

  • Elementary School: Madison #1 Middle School

Lot Info

  • Lot Size: IR
  • Additional Parcels: No
  • Parcel #: 163-05-043-B

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Annual Gross Income: 56454.0
  • Insurance Expense: 1400.0
  • Maintenance Expense: 1200.0
  • Property Net Operating Income: 44909.0
  • Annual Operating Expense: 11545.0
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 2645.0
  • Tax Book Number: 163.00
  • Tax Lot: 9

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
07/03/2019 07/03/19 Sold $835,000 -1.8% $1,031 / Sq Ft
06/10/2019 06/10/19 Pending -- -- --
05/24/2019 05/24/19 For Sale $850,000 -- $1,049 / 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: 5931790

Arizona Regional Multiple Listing Service (ARMLS)