NOT LISTED FOR SALE

5116 N 28th Dr Phoenix, AZ 85017

Grandview Neighborhood
-- Bed
-- Bath
2,164 Sq Ft
8,276 Sq Ft Lot

Last Sold October 10, 2014

Last sale price $117,900 $54 Per Sq Ft

5 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Ceiling Fan
  • Phoenix Coding Academy Rated A

About This Home

As of October 2014

CASH COW!!! Move in ready!! Cap rate over 10%! Two 1 bd/1ba units with some appliances and newer water heaters and ac units. One 2bd/1ba unit with covered patio. Tile installed in 2012. 5 covered parking spots in back and small storage lockers per unit. Water heaters installed January 2013! Block wall construction and block wall fence. Unit 3 has a brand new toilet. Unit 2 has brand new bathroom vanity. Low maintenance yard with a few palm trees to shade the front. Back to units face north and covered front patios are shaded.

Last Agent to Sell the Property

Randy Schoenfeld

My Home Group Real Estate License #SA646328000 Listed on: 09/25/2014

My Home Group Real Estate

Last Buyer's Agent

Sophia Baron

Grace CRE License #BR648866000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $885

Year Built

  • Built in 1974

Lot Details

  • 8,276

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 3 Open Parking Spaces
  • 8 Parking Spaces
  • 5 Covered Spaces
  • Common or Shared Parking
  • Paved Parking
  • On-Street Parking

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity, cable TV
  • The owner pays for trash collection, water, sewer
  • Tax Lot 2
  • Assessor Parcel Number 153-28-003-F

Community Details

Overview

  • 3 Units
  • Building Dimensions are 8296
  • Homeland Blk 4 Subdivision

Building Details

  • Gross Income $16,500
  • Net Operating Income $12,850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$885

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Cross Street: 28th drive and Medlock
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: multifamily
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1974
  • Tax Year: 2013
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: HOMELAND BLK 4
  • Tax Parcel Letter: F
  • Cooling:Ceiling Fan(s): Yes
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Paved Parking, >1 Space Per Unit, Street Parking, Common
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Carport: Yes
  • Parking:Street Parking: Yes
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central A/C, Individual, Electric, Ceiling Fan(s)
  • Heating: Central, Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Fee Information

  • Trash Expense: 700.0
  • Annual Water Sewer Expense: 1100.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 8296
  • Additional Parcels: No
  • Parcel #: 153-28-003-F

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Cable TV
  • Number Of Units Total: 3
  • Annual Gross Income: 16500.0
  • Insurance Expense: 850.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 12850.0

Tax Info

  • Tax Annual Amount: 884.62
  • Tax Book Number: 153.00
  • Tax Lot: 2
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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 List to Sale Price per Sq Ft
10/10/2014 10/10/14 Sold $117,900 -5.7% $54 / Sq Ft
09/30/2014 09/30/14 Pending -- -- --
09/25/2014 09/25/14 For Sale $125,000 -- $58 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Randy Schoenfeld

    Seller's Agent in 2014

    Randy Schoenfeld

    My Home Group

    (480) 268-5899

    32 Total Sales

    Randy Schoenfeld
    Section Image
  • Sophia Baron

    Buyer's Agent in 2014

    Sophia Baron

    Grace CRE

    (480) 375-0227

    2 in this area

    76 Total Sales

    Sophia Baron
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5176162

Arizona Regional Multiple Listing Service (ARMLS)

APN: 153-28-003F

Arizona Maricopa County Phoenix 85017 Grandview

5116 N 28th Dr, Phoenix, AZ

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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