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Seller's Agent in 2017
Royce Munroe
Munroe Multifamily
(480) 221-5449
6 in this area
31 Total Sales
Tres Arcos is a 25-unit apartment community located in the heart of Phoenix. Nestled among historic neighborhoods and highly renovated properties, Tres Arcos is located one block from the Arizona Biltmore. Residents enjoy the close proximity to Biltmore Fashion Park and all the amenities within the Camelback Corridor. Tres Arcos is an extremely desirable location for residents and has consistently stayed fully occupied. Tres Arcos is a 1969 block-constructed property consisting of seven single-level buildings. It's vintage charm lends itself to the popular mid-century modern renovation trend that is in high demand by residents and investors alike. The property consists of all two-bedroom units with individual backyards and covered parking for each unit. Tres Arcos is individually metered for electricity and hot water and enjoys an onsite laundry facility and recently renovated swimming pool. Very few properties can provide the location and redevelopment potential that the community has to offer.
Last Agent to Sell the Property
Munroe Multifamily License #BR512795000 Listed on: 08/07/2017
Last Buyer's Agent
Royce Munroe
ABI Multifamily License #BR512795000
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/29/2017 12/29/17 | Sold | $4,000,000 | 0.0% | $4,981 / Sq Ft |
| 09/26/2017 09/26/17 | Pending | -- | -- | -- |
| 08/07/2017 08/07/17 | For Sale | $3,999,999 | -- | $4,981 / Sq Ft |
| 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 | $16,711 | $128,276 | -- | -- |
| 2024 | $15,506 | $122,167 | -- | -- |
| 2023 | $15,506 | $444,860 | $88,970 | $355,890 |
| 2022 | $15,043 | $404,220 | $80,840 | $323,380 |
| 2021 | $15,173 | $376,080 | $75,210 | $300,870 |
| 2020 | $14,937 | $385,300 | $77,060 | $308,240 |
| 2019 | $14,608 | $275,870 | $55,170 | $220,700 |
| 2018 | $14,250 | $142,430 | $28,480 | $113,950 |
| 2017 | $13,579 | $129,010 | $25,800 | $103,210 |
| 2016 | $13,110 | $116,070 | $23,210 | $92,860 |
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Seller's Agent in 2017
Royce Munroe
Munroe Multifamily
(480) 221-5449
6 in this area
31 Total Sales
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5643626