$1,075,000
SOLD NOV 15, 2016
-- Bed
-- Bath
1,300 Sq Ft
0.75 Acres

Recently Sold

$827 Per Sq Ft

4 Days on Market

Highlights

  • RV or Boat Parking
  • Heated Community Pool
  • Carpet
  • Phoenix Coding Academy Rated A
  • Cooling Available
  • Heating Available

About This Home

As of November 2016

LOCATION, LOCATION, LOCATION!! Hot Biltmore Area! Fully rented multi that has full buildable lot on East end of property. Density waiver will change zoning to R4 or R5. Never a vacancy. New townhomes being built all around ranging in price from $495,000 to almost $600,000. With zoning density waiver this property will hold 24 townhomes. Beautiful, private resort style enclosed courtyard with sparkling pool. Natural stone and flowers everywhere! Parking in rear.

Last Agent to Sell the Property

Marla Wicks

Better Homes & Gardens Real Estate SJ Fowler License #SA535997000 Listed on: 09/30/2016

Better Homes & Gardens Real Estate SJ Fowler

Last Buyer's Agent

Joshua Ezell

Breakthrough Real Estate & Property Management License #BR584885000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,629

Year Built

  • Built in 1961

Home Design

  • Foam Roof
  • Block Exterior

Flooring

  • Carpet
  • Vinyl

Parking

  • 28 Parking Spaces
  • 14 Covered Spaces
  • Free Parking
  • Paved Parking
  • RV or Boat Parking
  • Assigned Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer, landscaping, pool/spa maintenance
  • Tax Lot 12
  • Assessor Parcel Number 163-08-018

Community Details

Overview

  • 2 Buildings
  • 12 Units
  • Building Dimensions are TBD

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $16,795
  • Gross Income $104,740
  • Net Operating Income $77,692

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,629

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Cross Street: 24th St. & Cambell
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1961
  • Tax Year: 2015
  • Directions: Camelback to 24th Street, South on 24th to Campbell, East on Campbell to 26th, South to property.
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 14.0
  • Parking Features: Paved Parking, Free, RV/Boat Parking, Assigned, Add'l Parking Avail, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 14.0
  • Total Parking Spaces: 28.0
  • General Property Description:Covered Parking Spcs: 14.0
  • General Property Description:Uncvrd Parking Spcs: 14.0
  • General Property Description:Total Parking Spcs: 28.0
  • Parking:Free: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:Assigned: Yes
  • Parking:RVBoat Parking2: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:Pool2: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Breakfast Bar2: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Fee Information

  • Annual Fuel Expense: 2138.0
  • Trash Expense: 1140.0
  • Annual Water Sewer Expense: 2694.0

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: TBD
  • Additional Parcels: No
  • Parcel #: 163-08-018

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping, Pool/Spa Maintenance
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 12
  • Electric Expense: 2352.0
  • Annual Gross Income: 104740.0
  • Insurance Expense: 2842.0
  • Property Net Operating Income: 77692.0
  • Annual Operating Expense: 16795.0

Tax Info

  • Tax Annual Amount: 5629.0
  • Tax Book Number: 163.00
  • Tax Lot: 12

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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
06/10/2017 06/10/17 Rented $925 0.0% --
06/09/2017 06/09/17 Under Contract -- -- --
05/08/2017 05/08/17 For Rent $925 0.0% --
05/08/2017 05/08/17 Price Changed $925 -7.0% $1 / Sq Ft
05/08/2017 05/08/17 Off Market $995 -- --
04/28/2017 04/28/17 For Rent $9,501,100 0.0% --
11/15/2016 11/15/16 Sold $1,075,000 0.0% $827 / Sq Ft
09/30/2016 09/30/16 For Sale $1,075,000 -- $827 / 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: 5504454

Arizona Regional Multiple Listing Service (ARMLS)