NOT LISTED FOR SALE

4316 N 27th St Phoenix, AZ 85016

Camelback East Village Neighborhood
25 Beds
15 Baths
-- Sq Ft
1953 Built

Last Sold May 30, 2014

Last sale price $880,000

105 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heat Pump System

About This Home

As of May 2014

Tremendous location! Great investment opportunity near Camelback Corridor. Property has 15 units among 3 buildings and a house. Unit mix is mostly 2 bedroom units. electricity is individually metered. Block concrete construction. Property has laundry room for additional income. Beautiful green landscaping. Property has easy access to freeways, shopping, restaurants and entertainment districts. Seller has recently spent significant capital on new copper plumbing, parking lot re-surfacing and landscaping.

Last Agent to Sell the Property

Linda Gerchick

Gerchick Real Estate License #BR114848000 Listed on: 12/31/2013

Co-Listed By

Jamie Canute

Orion Investment Real Estate License #SA580623000

Last Buyer's Agent

Linda CCIM

Stephen Magee Int'l Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,054

Year Built

  • Built in 1953

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 15 Open Parking Spaces
  • 19 Parking Spaces
  • 4 Covered Spaces

Schools

  • Madison #1 Middle School
  • Camelback High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 11
  • Assessor Parcel Number 163-08-016

Community Details

Overview

  • 4 Buildings
  • 15 Units
  • Building Dimensions are irr
  • Citrus Heights Lots 10 33 Subdivision

Building Details

  • Operating Expense $39,063
  • Gross Income $97,238
  • Net Operating Income $56,887

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,054

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Cross Street: Indian School and 24th Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: M-M
  • Number Of Buildings: 4
  • Year Built: 1953
  • Tax Year: 2012
  • Directions: East on Indian School from 24th Street, North on 27th Street, Property on West side of the street.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 7796.0
  • Co List Office Mls Id: gerc01
  • Co List Office Phone: 602-688-9279
  • Subdivision Name: Citrus Heights Lots 10-33
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:BI OvenRange: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Other, See Remarks, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Open Parking Spaces: 15.0
  • Total Parking Spaces: 19.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 15.0
  • General Property Description:Total Parking Spcs: 19.0
  • Parking:Street Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Green Landscaping: Yes
  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Fuel Expense: 372.0
  • Trash Expense: 4539.0
  • Annual Water Sewer Expense: 7498.0

Schools

  • Elementary School: Madison #1 Middle School
  • High School: Camelback High School
  • Middle Or Junior School: Madison #1 Middle School

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 163-08-016

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 15
  • Electric Expense: 3600.0
  • Annual Gross Income: 97238.2
  • Insurance Expense: 3804.0
  • Maintenance Expense: 6000.0
  • Property Net Operating Income: 56887.0
  • Annual Operating Expense: 39062.88
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 3053.88
  • Tax Book Number: 163.00
  • Tax Lot: 11

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
05/30/2014 05/30/14 Sold $880,000 -4.9% --
04/14/2014 04/14/14 Pending -- -- --
12/30/2013 12/30/13 For Sale $925,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Linda Gerchick

    Seller's Agent in 2014

    Linda Gerchick

    Gerchick Real Estate

    (602) 688-9279

    17 in this area

    124 Total Sales

    Linda Gerchick
    Section Image

  • J

    Seller Co-Listing Agent in 2014

    Jamie Canute

    Orion Investment Real Estate

  • L

    Buyer's Agent in 2014

    Linda CCIM

    Stephen Magee Int'l Properties

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5047063

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Phoenix 85016 Camelback East Village

4316 N 27th St, Phoenix, AZ

This home is located at 4316 N 27th St, Phoenix, AZ 85016 since 31 December 2013. This property was built in 1953. 4316 N 27th St is a home located in Maricopa County with nearby schools including Madison Camelview Elementary, Camelback High 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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