NOT LISTED FOR SALE

5225 N 23rd Ave Phoenix, AZ 85015

Alhambra Neighborhood
1 Bed
1 Bath
1,452 Sq Ft
1947 Built

Last Sold July 19, 2021

Last sale price $430,000 $296 Per Sq Ft

31 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of July 2021

Triplex in the Heart of Central Phoenix, all individual bungalows perfect for the high rental demand area. Each bungalow is private to feel like individual homes rather than apartments and the complex has an empty lot in the backyard that offers options. Solid neighborhood near GCU and has been recognized as rapid appreciation. 2 of the 3 units are leased, the vacant one was recently remodeled in 2021, now move in ready and can be rented traditionally or student housing. Owner has professionally-managed. Tenants pay utilities, units have separate HVAC split systems with tenants paying own electric. Property is on one water meter but tenants are back billed. Each unit has private parking and private patios. All units share the same floor plan, contact to view the vacant unit. Showings in escrow, please do not bother the tenants.
Pro forma rents $850+/unit. Buyer to complete/rely on own due diligence.

Last Agent to Sell the Property

Gabriela Avila

eXp Realty License #SA662816000 Listed on: 05/17/2021

eXp Realty

Co-Listed By

Janet Avila

eXp Realty License #SA666541000

Last Buyer's Agent

Rio Vidrio

A.Z. & Associates License #SA663929000

A.Z. & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,226

Year Built

  • Built in 1947

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Assigned Parking

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • The owner pays for landscaping
  • Legal Lot and Block 10 / 3
  • Assessor Parcel Number 153-22-067

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Building Dimensions are 9,330
  • Camelback Vista Subdivision

Building Details

  • Operating Expense $4,226

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,226

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Cross Street: 23rd Ave & Camelback
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R1-6
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1947
  • Tax Year: 2020
  • Directions: Go EAST on Camelback Rd off I-17, NORTH on N 23rd Ave.
  • Road Surface Type: Private Street, Concrete
  • Professional Management Expense: 2000.0
  • Co List Office Mls Id: stho001
  • Co List Office Phone: 480-696-5500
  • Subdivision Name: CAMELBACK VISTA
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features:Assigned: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 9,330
  • Additional Parcels: No
  • Parcel #: 153-22-067

Multi Family

  • Owner Pays: Landscaping
  • Number Of Units Total: 3
  • Annual Operating Expense: 4226.0
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 2226.0
  • Tax Block: 3
  • Tax Book Number: 153.00
  • Tax Lot: 10

Range of Values:

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Average Value
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List Price
Sold Price
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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
07/19/2021 07/19/21 Sold $430,000 -4.4% $296 / Sq Ft
06/17/2021 06/17/21 Pending -- -- --
05/31/2021 05/31/21 For Sale $450,000 0.0% $310 / Sq Ft
05/20/2021 05/20/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $450,000 +136.8% $310 / Sq Ft
02/17/2020 02/17/20 Sold $190,000 -17.2% $131 / Sq Ft
02/12/2020 02/12/20 For Sale $229,594 0.0% $158 / Sq Ft
02/12/2020 02/12/20 Price Changed $229,594 0.0% $158 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
01/09/2020 01/09/20 Price Changed $229,594 0.0% $158 / Sq Ft
12/30/2019 12/30/19 For Sale $229,595 0.0% $158 / Sq Ft
12/31/2017 12/31/17 Rented $550 0.0% --
12/28/2017 12/28/17 For Rent $550 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Gabriela Avila

    eXp Realty

    (480) 310-0763

    3 in this area

    79 Total Sales

    Section Image
  • Janet Avila

    Seller Co-Listing Agent in 2021

    Janet Avila

    eXp Realty

    (602) 376-0739

    5 in this area

    145 Total Sales

    Section Image
  • Rio Vidrio

    Buyer's Agent in 2021

    Rio Vidrio

    A.Z. & Associates

    (602) 872-0267

    13 in this area

    323 Total Sales

    Section Image
  • Sergio Argueta Jr

    Seller's Agent in 2020

    Sergio Argueta Jr

    Realty of America LLC

    (480) 235-0617

    1 in this area

    75 Total Sales

    Section Image

  • M

    Buyer's Agent in 2020

    Melissa Lutman

    Property Hub LLC

    Section Image

  • D

    Seller's Agent in 2017

    David Fisher

    HomeSmart

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6237214

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Phoenix 85015 Alhambra

5225 N 23rd Ave, Phoenix, AZ

This home is located at 5225 N 23rd Ave, Phoenix, AZ 85015 since 17 May 2021. This property was built in 1947. 5225 N 23rd Ave is a home located in Maricopa County with nearby schools including Westwood Primary School, Choice Learning Academy, and Central High School.

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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