NOT LISTED FOR SALE
11 Beds
10 Baths
-- Sq Ft
1965 Built

Last Sold May 12, 2021

Last sale price $975,000

43 Days on Market

Highlights

  • Evaporated cooling system
  • Concrete Flooring
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

As of May 2021

Mixture of single story studio, spacious one bedrooms and two bedroom units spread on over 1/2 acre in buffered little community. Solid construction with excellent cash flow.

Last Agent to Sell the Property

Fred Struss

Success Property Brokers License #BR101066000 Listed on: 01/27/2021

Success Property Brokers

Co-Listed By

Emily Harrison

Success Property Brokers License #SA666139000

Last Buyer's Agent

Janet Love

Get Multifamily License #SA668148000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,184

Year Built

  • Built in 1965

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • 15 Open Parking Spaces
  • 15 Parking Spaces

Schools

  • Longview Elementary School
  • Phoenix Union Bioscience High School

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating System Uses Natural Gas
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for water, sewer, landscaping
  • The owner pays for water, sewer
  • Legal Lot and Block 8 / 2
  • Assessor Parcel Number 155-08-009

Community Details

Overview

  • 3 Buildings
  • 10 Units
  • Building Dimensions are IRR
  • Meadowbrook Tract Blk 1 Subdivision

Building Details

  • Operating Expense $24,040
  • Gross Income $99,414
  • Net Operating Income $81,374

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,184

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Cross Street: Indian School and Longview
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 3
  • Year Built: 1965
  • Tax Year: 2020
  • Directions: North on Longview, over the canal, on the left
  • Road Surface Type: Asphalt
  • Professional Management Expense: 3600.0
  • Co List Office Mls Id: pdpl01
  • Co List Office Phone: 480-563-9511
  • Subdivision Name: MEADOWBROOK TRACT BLK 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:FS OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Open Parking Spaces: 15.0
  • Total Parking Spaces: 15.0
  • General Property Description:Uncvrd Parking Spcs: 15.0
  • General Property Description:Total Parking Spcs: 15.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C, Electric, Evaporative Cooling, Wall/Window Unit(s)
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Annual Fuel Expense: 1380.0
  • Annual Water Sewer Expense: 6720.0

Schools

  • Elementary School: Longview Elementary School
  • High School: Phoenix Union Bioscience High School
  • Middle Or Junior School: Longview Elementary School

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 155-08-009

Multi Family

  • Owner Pays: Water, Sewer
  • Tenant Pays: Water, Sewer, Landscaping
  • Number Of Units Total: 10
  • Electric Expense: 3420.0
  • Annual Gross Income: 99414.0
  • Insurance Expense: 3336.0
  • Maintenance Expense: 2400.0
  • Property Net Operating Income: 81374.0
  • Annual Operating Expense: 24040.0

Tax Info

  • Tax Annual Amount: 3184.0
  • Tax Block: 2
  • Tax Book Number: 155.00
  • Tax Lot: 8

Range of Values:

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Average Value
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List Price
Sold Price
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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
05/12/2021 05/12/21 Sold $975,000 -13.1% --
03/10/2021 03/10/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $1,122,400 0.0% --
02/26/2021 02/26/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $1,122,400 0.0% --
01/30/2021 01/30/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $1,122,400 +44.8% --
05/25/2018 05/25/18 Sold $775,000 0.0% --
04/24/2018 04/24/18 Pending -- -- --
04/17/2018 04/17/18 For Sale $775,000 +72.2% --
08/12/2016 08/12/16 Sold $450,000 -5.3% --
08/01/2016 08/01/16 For Sale $475,000 +41.8% --
02/06/2015 02/06/15 Sold $335,000 +1.8% --
12/24/2014 12/24/14 Pending -- -- --
12/18/2014 12/18/14 For Sale $329,000 -- --
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: 6186032

Arizona Regional Multiple Listing Service (ARMLS)