Seller's Agent in 2018
John Klocek
ABI Multifamily
(602) 639-0088
1 in this area
23 Total Sales
Encanto Park III 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 covered and
uncovered parking, and is individually metered for el 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
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/23/2018 04/23/18 | Sold | $910,345 | +1.1% | $714 / Sq Ft |
| 02/21/2018 02/21/18 | Pending | -- | -- | -- |
| 01/30/2018 01/30/18 | For Sale | $899,999 | -- | $706 / Sq Ft |
| 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 | $2,257 | $17,384 | -- | -- |
| 2024 | $2,107 | $16,556 | -- | -- |
| 2023 | $2,107 | $70,070 | $14,730 | $55,340 |
| 2022 | $2,096 | $58,900 | $12,380 | $46,520 |
| 2021 | $2,131 | $46,670 | $9,810 | $36,860 |
| 2020 | $2,077 | $41,500 | $8,720 | $32,780 |
| 2019 | $1,987 | $32,310 | $6,790 | $25,520 |
| 2018 | $1,921 | $27,920 | $5,870 | $22,050 |
| 2017 | $1,764 | $21,430 | $4,500 | $16,930 |
| 2016 | $1,702 | $16,990 | $3,570 | $13,420 |
| 2015 | $1,582 | $14,900 | $3,130 | $11,770 |
Seller's Agent in 2018
John Klocek
ABI Multifamily
(602) 639-0088
1 in this area
23 Total Sales
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
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5716272