NOT LISTED FOR SALE
2 Beds
-- Bath
918 Sq Ft
1926 Built

Sale Details

Date Sold: January 2, 2018

Last sale price $1,075,000 $1,171 Per Sq Ft

16 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Concrete Flooring
  • Individual Controls for Heating
  • Phoenix Coding Academy Rated A

About This Home

As of January 2018

A historic moneymaker, Las Casitas is situated just blocks from the State Capitol complex in Downtown Phoenix. Don't miss this opportunity to purchase a fully rehabbed complex of charming bungalows, most with their own covered carport. On-site leased laundry equipment brings additional income.
This block constructed property is low maintenance and bullet-proof with concrete floors, desert landscaping, new HVAC, roofs, electric, and plumbing. Enjoy super-low expenses going forward. You simply cannot find this kind of seller-financed deal in the current Phoenix market! --- The seller's default terms are 30% down, 1 year term, 7% interest only.

Last Agent to Sell the Property

Terry Kass

Coldwell Banker Commercial Realty License #BR503783000 Listed on: 10/23/2017

Coldwell Banker Commercial Realty

Co-Listed By

Mark Skelpsa

HomeSmart Realty License #SA642313000

Last Buyer's Agent

Terry Kass

Blue Saguaro Commercial Realty, LLC License #BR503783000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,946

Year Built

  • Built in 1926

Home Design

  • Tile Roof
  • Block Exterior
  • Stucco

Flooring

  • Concrete Flooring

Parking

  • 8 Open Parking Spaces
  • 32 Parking Spaces
  • 24 Covered Spaces
  • Common or Shared Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Individual Controls for Heating
  • Window Unit Heating System
  • Separate Meters
  • Master Meter
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Block 1
  • Assessor Parcel Number 112-14-001-A

Community Details

Overview

  • 2 Buildings
  • 30 Units
  • Building Dimensions are IRR
  • East Grier Place Subdivision

Building Details

  • Operating Expense $2,946

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,946

Year Built

Built in 1926

Listing Details

  • Cross Street: 19th Ave and Grant
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: C-2
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1926
  • Tax Year: 2017
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: gpci01
  • Co List Office Phone: 602-703-5277
  • Subdivision Name: EAST GRIER PLACE
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: F/S Oven/Range
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Stucco, Block
  • Roof: Tile
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 24.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 32.0
  • General Property Description:Covered Parking Spcs: 24.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 32.0
  • Parking:Carport: Yes

Utilities

  • Electric: APS, Master Meter, Individual Meter
  • Cooling: Individual, Wall/Window Unit(s)
  • Heating: Individual, Window/Wall Unit(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Individual: Yes
  • Electric Master Meter: Yes
  • Heating:WindowWall Unit(s): Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 112-14-001-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 30
  • Annual Operating Expense: 2946.0

Tax Info

  • Tax Annual Amount: 2946.0
  • Tax Block: 1
  • Tax Book Number: 112.00
  • Tax Lot: NA
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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
01/02/2018 01/02/18 Sold $1,075,000 -2.3% $1,171 / Sq Ft
10/23/2017 10/23/17 For Sale $1,100,000 -- $1,198 / 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 $5,972 $42,044 -- --
2024 $5,568 $40,042 -- --
2023 $5,568 $225,130 $45,020 $180,110
2022 $5,370 $176,230 $35,240 $140,990
2021 $5,330 $92,520 $18,500 $74,020
2020 $5,391 $96,000 $19,200 $76,800
2019 $5,382 $75,000 $15,000 $60,000
2018 $5,291 $58,770 $11,750 $47,020
2017 $2,946 $54,244 $19,100 $35,144
2016 $2,861 $48,687 $17,140 $31,547
2015 $2,647 $31,566 $11,110 $20,456
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5677917

Arizona Regional Multiple Listing Service (ARMLS)
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