NOT LISTED FOR SALE
25 Beds
12 Baths
1,934 Sq Ft
0.83 Acres

Last Sold September 07, 2012

Last sale price $363,000 $188 Per Sq Ft

17 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Individual Controls for Heating

About This Home

As of September 2012

GREAT INVESTMENT IN CENTRAL PHOENIX, (11) 2 BEDROOMS, (1) 3 BEDROOM APARTMENTS. ALL TILE FLOORS, ALL CENTRAL AIR, LARGE COURTYARD AREA, LOCATED IN CUL DE SAC. ADDITIONAL INCOME FROM LAUNDRY ROOM. PROPERTY IS IN GREAT CONDITION AND THERE IS MAJOR UPSIDE. SELLER MAKES QUICK DECISIONS, POSSIBLE WRAP WITH LARGE DOWN PAYMENT.

Last Agent to Sell the Property

John Filipian

DeLex Realty License #SA576926000 Listed on: 08/01/2012

DeLex Realty

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,310

Year Built

  • Built in 1961

Lot Details

  • 0.83

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 12 Open Parking Spaces
  • 36,322 Parking Spaces
  • 36,310 Covered Spaces

Utilities

  • Cooling Available
  • Individual Controls for Heating

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 13
  • Assessor Parcel Number 155-08-036-E

Community Details

Overview

  • 4 Buildings
  • 12 Units
  • Building Dimensions are 160*224
  • Meadowbrook Subdivision

Building Details

  • Operating Expense $22,338
  • Gross Income $75,050
  • Net Operating Income $53,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,310

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: CAMELBACK&16THST
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 4
  • Year Built: 1961
  • Tax Year: 2011
  • Directions: SOUTH ON 16TH ST. FROM CAMELBACK TO CAMPBELL WEST. SOUTH ON 13TH PL TO PROPERTY
  • Road Surface Type: Asphalt
  • Professional Management Expense: 3600.0
  • Subdivision Name: MEADOWBROOK
  • Tax Parcel Letter: E
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: See Remarks, Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 36310.0
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 36322.0
  • General Property Description:Covered Parking Spcs: 36310.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 36322.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: APS, SRP
  • Cooling: Electric
  • Heating: Individual
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Individual: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Fuel Expense: 1000.0
  • Trash Expense: 1200.0
  • Annual Water Sewer Expense: 8000.0

Lot Info

  • Lot Size: 160*224
  • Additional Parcels: No
  • Parcel #: 155-08-036-E

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 12
  • Electric Expense: 900.0
  • Annual Gross Income: 75050.0
  • Insurance Expense: 1728.0
  • Maintenance Expense: 2000.0
  • Property Net Operating Income: 53000.0
  • Annual Operating Expense: 22338.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 3310.0
  • Tax Book Number: 155.00
  • Tax Lot: 13

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 List to Sale Price per Sq Ft
09/07/2012 09/07/12 Sold $363,000 -9.2% $188 / Sq Ft
08/17/2012 08/17/12 Pending -- -- --
07/31/2012 07/31/12 For Sale $399,900 -- $207 / 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: 4796865

Arizona Regional Multiple Listing Service (ARMLS)