NOT LISTED FOR SALE

6616 N 16th St Unit 1 Phoenix, AZ 85016

Camelback East Village Neighborhood
20 Beds
2 Baths
89,075 Sq Ft
2022 Built

Last Sold July 30, 2022

Last sale price $4,000,000 $45 Per Sq Ft

105 Days on Market

About This Home

As of July 2022

This home is located at 6616 N 16th St Unit 1, Phoenix, AZ 85016 since 21 February 2022. This property was built in 2022. 6616 N 16th St Unit 1 is a home located in Maricopa County with nearby schools including Madison Richard Simis School, Madison Meadows School, and Phoenix Coding Academy.

Last Agent to Sell the Property

Penny Paff

Marcus & Millichap License #SA673848000 Listed on: 02/21/2022

Marcus & Millichap

Last Buyer's Agent

Staci Smedstad

DeLex Realty License #BR534053000

DeLex Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,552

Year Built

  • Built in 2022

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Stone Exterior Construction
  • Stucco

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 161-08-079

Community Details

Overview

  • 5 Buildings
  • 5 Units
  • Building Dimensions are 0.67 Acres

Building Details

  • Operating Expense $3,552
  • Gross Income $-2,147,483,648
  • Net Operating Income $195,359

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,552

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R1-6
  • Number Of Buildings: 5
  • Ownership: Fee Simple
  • Year Built: 2022
  • Tax Year: 2021
  • Road Surface Type: Asphalt, Private Street, Sidewalk(s)
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Other
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Wood Frame, Stucco, Stone
  • Roof: Other

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0

Utilities

  • Electric: Other (See Remarks)
  • Cooling: See Remarks
  • Heating: See Remarks
  • Water Source: See Remarks

Condo/Co-op/Association

  • Community Features: See Remarks, No Pool

Lot Info

  • Lot Size: 0.67 Acres
  • Additional Parcels: Yes
  • Parcel #: 161-08-079

Multi Family

  • Owner Pays: Other, See Remarks
  • Number Of Units Total: 5
  • Annual Gross Income: 3191326700.0
  • Property Net Operating Income: 195359.0
  • Annual Operating Expense: 3552.0
  • Vacancy Allowance Rate: 12600.0

Tax Info

  • Tax Annual Amount: 3552.0
  • Tax Book Number: 161.00
  • Tax Lot: 1

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
07/30/2022 07/30/22 Sold $4,000,000 -5.9% $45 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
02/21/2022 02/21/22 For Sale $4,250,000 -- $48 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2022

    Penny Paff

    Marcus & Millichap

    (808) 551-0443

    1 in this area

    8 Total Sales

    Section Image
  • Staci Smedstad

    Buyer's Agent in 2022

    Staci Smedstad

    DeLex Realty

    (602) 882-3388

    4 in this area

    73 Total Sales

    Staci Smedstad
    Section Image
  • Houstin Engstrom

    Buyer Co-Listing Agent in 2022

    Houstin Engstrom

    Delex Realty

    (602) 684-6843

    5 in this area

    51 Total Sales

    Houstin Engstrom
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6363222

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Phoenix 85014 Camelback East Village

6616 N 16th St Unit 1, Phoenix, AZ

This home is located at 6616 N 16th St Unit 1, Phoenix, AZ 85016 since 21 February 2022. This property was built in 2022. 6616 N 16th St Unit 1 is a home located in Maricopa County with nearby schools including Madison Richard Simis School, Madison Meadows School, and Phoenix Coding Academy.

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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