NOT LISTED FOR SALE

45 N Phoenix St Florence, AZ 85132

Florence Area

Estimated Value: $499,512

Studio
-- Bath
2,880 Sq Ft
$173/Sq Ft Est. Value

Sale Details

Date Sold: December 20, 2021

Last sale price $549,000 $191 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,812 / mo

13 Days on Market

About This Home

As of December 2021

Well maintained manicured 4-plex rental property with great curb appeal.
The landscaping has been redone with new irrigation system, rock and new trees. New water meters. Plenty of parking in a huge lot with 8 spaces and additional street parking, also includes Handicap parking. Four designated storage units, one for each tenant. Concrete driveway, newer exterior paint, updated stucco. Some newer windows. Roof was replaced 8 yrs ago. Rents are month to month and tenants are solid. In this market cap rate could reflect up to 7%.
These nice, clean units have 2 bedrooms & 1 bath. Tile and vinyl flooring. Interior paint is very clean. Each unit has GE appliances, and window blinds. DRIVE BY ONLY! PLEASE DO NOT DISTURB THE TENANTS!

Last Agent to Sell the Property

Mark Gunning

West USA Realty License #SA018139000 Listed on: 10/30/2021

West USA Realty

Last Buyer's Agent

Rick Horst

Keller Williams Arizona Realty License #SA640657000

Keller Williams Arizona Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,096

Year Built

  • Built in 1984

Lot Details

  • 0.33

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Assigned Parking

Schools

  • Florence K-8 Elementary School
  • Florence High Middle School
  • Florence High School

Utilities

  • Central Air
  • Heating Available
  • Separate Meters

Listing and Financial Details

  • The owner pays for landscaping
  • Assessor Parcel Number 200-50-075

Community Details

Overview

  • 4 Units
  • Building Dimensions are 76.50 x 186.29
  • Phoenix Butte Apartments Subdivision

Building Details

  • Operating Expense $3,849
  • Gross Income $30,723
  • Net Operating Income $25,206

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,096

Year Built

Built in 1984

Lot Details

0.33 Acres

Listing Details

  • Cross Street: Hwy 79 (Pinal Pkwy Ave) and E Butte Ave
  • Property Type: Multiple Dwellings
  • Zoning: 4 plex
  • Number Of Buildings: 1
  • Year Built: 1984
  • Tax Year: 2021
  • Road Surface Type: Asphalt
  • Subdivision Name: Phoenix Butte Apartments
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Street Parking: Yes
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central A/C, Electric, See Remarks
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool
  • Amenities: Other

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes

Schools

  • Elementary School: Florence K-8
  • High School: Florence High School
  • Middle Or Junior School: Florence High School

Lot Info

  • Lot Size: 76.50 x 186.29
  • Additional Parcels: No
  • Parcel #: 200-50-075

Multi Family

  • Owner Pays: Landscaping
  • Number Of Units Total: 4
  • Electric Expense: 503.0
  • Annual Gross Income: 30723.0
  • Insurance Expense: 1650.0
  • Property Net Operating Income: 25206.0
  • Annual Operating Expense: 3849.0
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 1096.0
  • Tax Book Number: 200.00
  • Tax Lot: 0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2021
Closed on
Dec 14, 2021
Sold by
Bought by
Seller's Agent
Mark Gunning
West USA Realty
Buyer's Agent
Rick Horst
Keller Williams Arizona Realty
List Price
$549,900
Sold Price
$549,000
Premium/Discount to List
-$900
-0.16%
Current Estimated Value
$499,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49,488
Avg. Annual Appreciation
-2.04%
Original Mortgage
$326,000
Interest Rate
0.0298%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2007
Sold by
Bought by

Purchase Details

Closed on
Aug 2, 2007
Sold by
Bought by
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$549,900 Security Title
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $326,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/20/2021 12/20/21 Sold $549,000 -0.2% $191 / Sq Ft
10/29/2021 10/29/21 For Sale $549,900 -- $191 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,077 $17,921
2024 $1,052 $17,848
2023 $1,135 $13,436 $0 $0
2022 $1,052 $11,957 $2,203 $9,754
2021 $1,096 $12,297 $0 $0
2020 $1,004 $12,276 $0 $0
2019 $998 $12,262 $0 $0
2018 $959 $11,655 $0 $0
2017 $924 $11,299 $0 $0
2016 $906 $11,520 $1,467 $10,053
2014 -- $6,052 $861 $5,191
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6314386

Arizona Regional Multiple Listing Service (ARMLS)

APN: 200-50-075

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