NOT LISTED FOR SALE
9 Beds
7 Baths
4,272 Sq Ft
1969 Built

Last Sold April 21, 2014

Last sale price $185,000 $43 Per Sq Ft

24 Days on Market

Highlights

  • Cooling Available
  • Andersen Junior High School Rated A-
  • Heating System Uses Natural Gas

About This Home

As of April 2014

Cash investors take notice, approximately a 15% return on money after expenses, See also MLS # 5084697, This is a total of a 6 plex with a stand alone SFR as part of the entire sale. All units occupied and bring in $3500/month. Sale is part of a 1031 exchange, please do not disturb the tenants. Possible setup where the landlord would live in the stand alone SFR unit and be able to maintain other 5 units. Seller would prefer to have all units(both buildings) sold together.

Last Agent to Sell the Property

Peter Tufts

HomeSmart License #BR544107000 Listed on: 03/14/2014

HomeSmart

Last Buyer's Agent

Shane Anderson

Affinity Home Assets LLC License #SA648790000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,295

Year Built

  • Built in 1969

Lot Details

  • Additional Parcels

Home Design

  • Composition Roof
  • Block Exterior

Parking

  • 4 Open Parking Spaces
  • 9 Parking Spaces
  • 5 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer
  • Legal Lot and Block 16 / 16
  • Assessor Parcel Number 302-72-147-A

Community Details

Overview

  • 5 Units
  • Building Dimensions are 183x73
  • Thunderbird Park Subdivision

Building Details

  • Operating Expense $8,195

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,295

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Cross Street: Ray and Alma School RDS.
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: MF-2
  • Number Of Buildings: 1
  • Year Built: 1969
  • Tax Year: 2013
  • Directions: East on Ray, Units at the corner of Ray and Jay Streets.
  • Road Surface Type: Asphalt
  • Subdivision Name: Thunderbird Park
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 9.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 9.0
  • Parking:Carport: Yes

Utilities

  • Electric: APS
  • Cooling: Heat Pump
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Community Amenities:No Pool: Yes

Fee Information

  • Trash Expense: 3600.0
  • Annual Water Sewer Expense: 1200.0

Lot Info

  • Lot Size: 183x73
  • Additional Parcels: Yes
  • Parcel #: 302-72-147-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Cable TV
  • Number Of Units Total: 5
  • Insurance Expense: 2100.0
  • Annual Operating Expense: 8195.0

Tax Info

  • Tax Annual Amount: 1295.0
  • Tax Block: 16
  • Tax Book Number: 302.00
  • Tax Lot: 16

Range of Values:

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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
04/21/2014 04/21/14 Sold $185,000 +6.0% $43 / Sq Ft
04/07/2014 04/07/14 Pending -- -- --
03/14/2014 03/14/14 For Sale $174,500 -- $41 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5084712

Arizona Regional Multiple Listing Service (ARMLS)