NOT LISTED FOR SALE

6428 S 7th St Phoenix, AZ 85042

South Mountain Neighborhood
13 Beds
7 Baths
600 Sq Ft
1956 Built

Last Sold June 18, 2015

Last sale price $210,000 $350 Per Sq Ft

49 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of June 2015

8 Unit Apartment Complex - Fully rented with established live-in management and maintenance. Centrally located in South Mountain/Baseline Corridor. Close to shopping, schools, community college, jobs and freeways. Very little turn-over of tenants. Units are air conditioned. 2 Efficiencies; 5 2- bed/1 bath units and 1 3-bed/2 bath home. No HOA. All MLS facts and figures to be verified by buyer. Drive by only – call for showing appointment!

Last Agent to Sell the Property

D. Sam Halpin

My Home Group Real Estate License #SA511338000 Listed on: 04/06/2015

My Home Group Real Estate

Co-Listed By

Shelly Warren

My Home Group Real Estate License #BR567152000

Last Buyer's Agent

Jim Red

HomeSmart License #BR562164000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,501

Year Built

  • Built in 1956

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Flooring

  • Concrete Flooring

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Schools

  • Roosevelt Elementary School
  • Roosevelt Elementary High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Assessor Parcel Number 114-08-007-A

Community Details

Overview

  • 4 Buildings
  • 8 Units
  • Building Dimensions are 28786
  • 7Th & Southern Multi Family Subdivision

Building Details

  • Operating Expense $17,185
  • Gross Income $34,515
  • Net Operating Income $30,179

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,501

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Cross Street: 7thSt/Southern
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R1
  • Number Of Buildings: 4
  • Year Built: 1956
  • Tax Year: 2014
  • Road Surface Type: Gravel, Dirt
  • Professional Management Expense: 3900.0
  • Co List Office Mls Id: hucn01
  • Co List Office Phone: 480-812-1112
  • Subdivision Name: 7Th & Southern Multi-Family
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances Included:FS OvenRange: Yes

Exterior Features

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

Garage/Parking

  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:_one_ SpaceUnit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Other (See Remarks)51: Yes

Fee Information

  • Annual Water Sewer Expense: 7216.18

Schools

  • Elementary School: Roosevelt Elementary School
  • High School: Roosevelt Elementary School

Lot Info

  • Lot Size: 28786
  • Additional Parcels: No
  • Parcel #: 114-08-007-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 8
  • Annual Gross Income: 34515.0
  • Insurance Expense: 2193.0
  • Maintenance Expense: 1715.0
  • Property Net Operating Income: 30179.0
  • Annual Operating Expense: 17185.46

Tax Info

  • Tax Annual Amount: 1501.0
  • Tax Book Number: 114.00
  • Tax Lot: 0
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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
06/18/2015 06/18/15 Sold $210,000 -11.0% $350 / Sq Ft
05/25/2015 05/25/15 Pending -- -- --
04/06/2015 04/06/15 For Sale $236,000 -- $393 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

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 $1,830 $12,135 -- --
2024 $1,732 $11,557 -- --
2023 $1,732 $66,260 $13,250 $53,010
2022 $1,697 $44,370 $8,870 $35,500
2021 $1,732 $36,010 $7,200 $28,810
2020 $1,710 $32,070 $6,410 $25,660
2019 $1,655 $29,820 $5,960 $23,860
2018 $1,610 $24,270 $4,850 $19,420
2017 $1,535 $18,660 $3,730 $14,930
2016 $1,460 $15,930 $3,180 $12,750
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    D. Sam Halpin

    My Home Group

    Section Image
  • Shelly Warren

    Seller Co-Listing Agent in 2015

    Shelly Warren

    My Home Group

    (602) 578-0122

    7 Total Sales

    Shelly Warren
    Section Image
  • Jim Red

    Buyer's Agent in 2015

    Jim Red

    HomeSmart

    (602) 796-9359

    12 Total Sales

    Jim Red
    Section Image

  • J

    Buyer's Agent in 2015

    James Red

    Neighborhood Experts

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5261220

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Phoenix 85042 South Mountain

6428 S 7th St, 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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