NOT LISTED FOR SALE

Estimated Value: $792,000 - $1,141,000

Studio
4 Baths
1,650 Sq Ft
$590/Sq Ft Est. Value

Sale Details

Date Sold: January 31, 2017

Last sale price $452,400 $274 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $6,321 / mo

77 Days on Market

About This Home

As of January 2017

Fourplex located north of Camelback! Extremely prime location that will pull premium rents for years to come. This incredible property consists of (3) 2 bedroom units with approximately 840 sq.ft. per unit and (1) large 1 bedroom unit with approximately 810 sq.ft. Each unit is separately metered for electricity, each has a separate storage unit, and there is a coin operated laundry room. Large 1 bedroom building in the back could easily be configured into a 2 bedroom and rent for approximately $1200/month once renovated or could be a great owner-occupied unit. All units are currently month-to-month. Location, location, location that supports higher rents and consistent desirability.

Last Agent to Sell the Property

Tucker Blalock

The Brokery License #BR642462000 Listed on: 10/24/2016

Co-Listed By

Oleg Bortman

The Brokery License #BR636864000

Last Buyer's Agent

Elias Dabdoub

FSR Realty License #SA660865000

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,419

Year Built

  • Built in 1971

Lot Details

  • 0.25

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Separate Meters
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Assessor Parcel Number 170-13-027-B

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Building Dimensions are To be determined

Building Details

  • Operating Expense $12,483
  • Gross Income $570
  • Net Operating Income $29,340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,419

Year Built

Built in 1971

Lot Details

0.25 Acres

Listing Details

  • Cross Street: 34th Street and Camelback
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Year Built: 1971
  • Tax Year: 2016
  • Road Surface Type: Gravel, Dirt, Asphalt
  • Co List Office Mls Id: brec01
  • Co List Office Phone: 602-418-6145
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes

Exterior Features

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

Garage/Parking

  • 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:Other (See Remarks)24: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Electric
  • 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

  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Annual Fuel Expense: 480.0
  • Trash Expense: 1284.0
  • Annual Water Sewer Expense: 3000.0

Lot Info

  • Lot Size: To be determined
  • Additional Parcels: No
  • Parcel #: 170-13-027-B

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 4
  • Electric Expense: 600.0
  • Annual Gross Income: 570.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 29340.0
  • Annual Operating Expense: 12483.36
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 3419.36
  • Tax Book Number: 170.00
  • Tax Lot: None

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
01/31/2017 01/31/17 Sold $452,400 -4.8% $274 / Sq Ft
01/11/2017 01/11/17 Price Changed $475,000 0.0% $288 / Sq Ft
01/09/2017 01/09/17 Pending -- -- --
10/24/2016 10/24/16 For Sale $475,000 -- $288 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5515690

Arizona Regional Multiple Listing Service (ARMLS)

APN: 170-13-027B

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