NOT LISTED FOR SALE
5 Beds
5 Baths
600 Sq Ft
1960 Built

Last Sold May 24, 2019

Last sale price $342,500 $571 Per Sq Ft

2 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Sunnyslope High School Rated A

About This Home

As of May 2019

Looking for a value add five-plex in a high growth area of North Phoenix in the foothills of Phoenix's North Mountain Preserve? This asset features one brick building with five identical spacious 1-bed/1-bath units. Features include interior laundry room in each unit, solid brick construction, individually metered for electric & huge backyards. Building is vacant is being sold AS IS. Cash buyers only. Needs full renovation, but demo has already been completed. Centrally located in a convenient area near employment, public transportation, and schools. Close employment includes Honor Health John C Lincoln Hospital & Walmart plus brand new restaurants like Little Miss BBQ.

Last Agent to Sell the Property

Joshua Roubal

Dwellings Realty Group License #SA555438000 Listed on: 05/17/2019

Co-Listed By

Steven Rundle

Dwellings Realty Group License #BR536790000

Last Buyer's Agent

Terry Kass

Coldwell Banker Commercial Realty License #BR503783000

Coldwell Banker Commercial Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,445

Year Built

  • Built in 1960

Home Design

  • Foam Roof
  • Block Exterior

Flooring

  • Concrete
  • Ceramic Tile

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Paved Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 23
  • Assessor Parcel Number 160-51-105-A

Community Details

Overview

  • 5 Units
  • Building Dimensions are 6124 sq ft

Building Details

  • Operating Expense $1,445

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,445

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: 7th St and Butler
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2018
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: dllg01
  • Co List Office Phone: 480-629-8136
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Concrete
  • Appliances: None
  • Appliances Included:None38: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, Add'l Parking Avail, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Paved Parking: Yes
  • Parking:Add_squote_l Parking Avail: Yes

Utilities

  • Electric: City Electric
  • Cooling: Individual
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Community Amenities:No Pool: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 6124 sq ft
  • Additional Parcels: No
  • Parcel #: 160-51-105-A

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 5
  • Annual Operating Expense: 1445.0

Tax Info

  • Tax Annual Amount: 1445.0
  • Tax Book Number: 160.00
  • Tax Lot: 23
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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
05/24/2019 05/24/19 Sold $342,500 -2.1% $571 / Sq Ft
05/17/2019 05/17/19 For Sale $349,900 -- $583 / 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 $1,750 $13,768 -- --
2024 $1,653 $13,113 -- --
2023 $1,653 $57,300 $11,460 $45,840
2022 $1,600 $39,510 $7,900 $31,610
2021 $1,620 $37,150 $7,430 $29,720
2020 $1,580 $29,030 $5,800 $23,230
2019 $1,551 $24,900 $4,980 $19,920
2018 $1,510 $21,500 $4,300 $17,200
2017 $1,503 $16,680 $3,330 $13,350
2016 $1,475 $14,050 $2,810 $11,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5927672

Arizona Regional Multiple Listing Service (ARMLS)