NOT LISTED FOR SALE
8 Beds
8 Baths
1,330 Sq Ft
1978 Built

Last Sold December 16, 2022

Last sale price $1,138,000 $856 Per Sq Ft

7 Days on Market

Highlights

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

About This Home

As of December 2022

Nice Central Phoenix location. Close to Madison Park School, the Biltmore, Freeways and Camelback Corridor. 8 1 bed/1 bath units with two adjacent parking spaces to each unit. All units also have a private fenced in private back yard area. Community coin operated laundry on premises.

Last Agent to Sell the Property

Todd Bradford

HomeSmart License #SA556043000 Listed on: 11/27/2022

HomeSmart

Co-Listed By

Bobby Lieb

HomeSmart License #BR007861000

Last Buyer's Agent

Carrie Lehrman

SRL Group License #BR626599000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,014

Year Built

  • Built in 1978

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Parking

  • 16 Open Parking Spaces
  • 16 Parking Spaces

Schools

  • Madison Park Elementary And Middle School
  • North 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, landscaping
  • Legal Lot and Block 19 / 3
  • Assessor Parcel Number 155-08-042

Community Details

Overview

  • 8 Units
  • Building Dimensions are 101.3 x 222.11
  • Meadowbrook Tract Blk 1 Subdivision

Building Details

  • Operating Expense $28,571
  • Gross Income $71,808
  • Net Operating Income $43,237

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,014

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Cross Street: 16th Street and Campbell
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1978
  • Tax Year: 2022
  • Directions: 16th Street to Campbell. West on Campbell. South on 13th Place. Complex is on the West side of the street.
  • Road Surface Type: Gravel
  • Co List Office Mls Id: cril12
  • Co List Office Phone: 602-230-7600
  • Subdivision Name: MEADOWBROOK TRACT BLK 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 16.0
  • Total Parking Spaces: 16.0
  • General Property Description:Uncvrd Parking Spcs: 16.0
  • General Property Description:Total Parking Spcs: 16.0
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • 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:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Madison Park School
  • High School: North High School
  • Middle Or Junior School: Madison Park School

Lot Info

  • Lot Size: 101.3 x 222.11
  • Additional Parcels: No
  • Parcel #: 155-08-042

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 8
  • Annual Gross Income: 71808.0
  • Property Net Operating Income: 43237.0
  • Annual Operating Expense: 28571.0
  • Vacancy Allowance Rate: 0.12

Tax Info

  • Tax Annual Amount: 3014.0
  • Tax Block: 3
  • Tax Book Number: 155.00
  • Tax Lot: 19

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
12/16/2022 12/16/22 Sold $1,138,000 -1.0% $856 / Sq Ft
11/28/2022 11/28/22 Pending -- -- --
11/21/2022 11/21/22 For Sale $1,150,000 -- $865 / 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: 6493127

Arizona Regional Multiple Listing Service (ARMLS)