Seller's Agent in 2018
John Klocek
ABI Multifamily
(602) 639-0088
1 in this area
23 Total Sales
730 E Turney Ave Phoenix, AZ 85014
Central City Neighborhood
35
Beds
8
Baths
806,350
Sq Ft
1946
Built
Highlights
- Cooling Available
- Phoenix Coding Academy Rated A
- Heating Available
About This Home
As of April 2018Encanto Park I is a 12-unit multifamily investment opportunity in the
heart of Uptown. The property is located directly off the 7th Street
corridor, approximately one mile from the famed Restaurant Row.
Encanto Park enjoys direct access to all areas of the Phoenix Valley by
way of the 51 Freeway (just under 1.5 miles away) and nearby Light Rail
Transit System (nearest station is less than a mile away). There are
numerous dining and entertainment options in close proximity to the
property given its prime central Phoenix location.
Encanto Park features popular mid-century, block construction and has
undergone many recent upgrades, though there are still additional
opportunities to add value. The property has ample parking and is
individually metered for electricity. There is also an on-site laundry
facility for additional income. Additionally, most units have undergone
extensive interior renovations. There are not many properties available
at this price point in the heart of Phoenix.
This property is being sold as part of a 29 unit, 3-property portfolio
comprised of 730-736 East Turney Avenue (12 units), 740 East Turney
Avenue (5 units), and 808-820 (12 units) East Turney Avenue in Phoenix,
AZ. The seller reserves to right to sell each property individually, or all
three as a whole portfolio.
Last Agent to Sell the Property
ABI Multifamily License #SA657592000 Listed on: 01/30/2018
Last Buyer's Agent
Joseph Boyle
Joseph Bernard Investment RE License #SA671048000
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,120
Year Built
- Built in 1946
Lot Details
- Additional Parcels
Home Design
- Composition Roof
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- The owner pays for trash collection, water, sewer, landscaping
- Tax Lot 20 & 21
- Assessor Parcel Number 155-19-013
Community Details
Overview
- 3 Buildings
- 12 Units
- Building Dimensions are 227.32 x 170
- Carolyn Place Lot 10 45 Subdivision
Building Details
- Operating Expense $4,120
- Net Operating Income $73,967
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/23/2018 04/23/18 | Sold | $910,345 | +1.1% | $1 / Sq Ft | |
| 02/21/2018 02/21/18 | Pending | -- | -- | -- | |
| 01/26/2018 01/26/18 | For Sale | $899,999 | +18.4% | $1 / Sq Ft | |
| 05/07/2013 05/07/13 | Sold | $760,000 | -30.3% | $1 / Sq Ft | View Prior Sale |
| 04/01/2013 04/01/13 | Pending | -- | -- | -- | |
| 11/05/2012 11/05/12 | For Sale | $1,090,000 | -- | $1 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $4,793 | $36,913 | -- | -- |
| 2024 | $4,475 | $35,155 | -- | -- |
| 2023 | $4,475 | $148,790 | $14,910 | $133,880 |
| 2022 | $4,450 | $125,090 | $12,540 | $112,550 |
| 2021 | $4,526 | $99,110 | $9,930 | $89,180 |
| 2020 | $4,411 | $88,130 | $8,830 | $79,300 |
| 2019 | $4,220 | $68,630 | $6,880 | $61,750 |
| 2018 | $4,080 | $59,290 | $5,940 | $53,350 |
| 2017 | $3,746 | $45,520 | $4,560 | $40,960 |
| 2016 | $3,613 | $36,090 | $3,610 | $32,480 |
| 2015 | $3,359 | $31,640 | $3,170 | $28,470 |
Source: Public Records
Agents Affiliated with this Home
-
John Klocek
-
Patrick Burch
Seller Co-Listing Agent in 2018
Patrick Burch
ABI Multifamily
(520) 603-1768
1 in this area
36 Total Sales
-
J
Buyer's Agent in 2018
Joseph Boyle
Joseph Bernard Investment RE
-
Natan Jacobs
Seller's Agent in 2013
Natan Jacobs
Vestis Group
(480) 440-4403
6 in this area
30 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5716192
APN: 155-19-013
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.
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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