NOT LISTED FOR SALE
10 Beds
6 Baths
1,176 Sq Ft
1963 Built

Sale Details

Date Sold: July 7, 2014

Last sale price $250,000 $213 Per Sq Ft

149 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of July 2014

Dont's miss this opportunity to purchase a fully rehabbed complex with four 2/1, and two 1/1. The complex was completely rehabbed with new exterior and interior paint, roofing replaced and repaired, newer electrical, etc. You simply cannot find this kind of commercial, multi-family deal in the current Phoenix Market.

Last Agent to Sell the Property

Terry Kass

Coldwell Banker Commercial Realty License #BR503783000 Listed on: 01/13/2014

Coldwell Banker Commercial Realty

Last Buyer's Agent

Elizabeth Yashar

Weichert, Realtors - Courtney Valleywide License #SA112345000

Weichert, Realtors - Courtney Valleywide

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $715

Year Built

  • Built in 1963

Home Design

  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • On-Street Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 10
  • Assessor Parcel Number 113-58-010

Community Details

Overview

  • 3 Buildings
  • 6 Units
  • Building Dimensions are .41 Acres

Building Details

  • Operating Expense $13,815
  • Gross Income $34,158
  • Net Operating Income $20,343

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$715

Year Built

Built in 1963

Listing Details

  • Cross Street: Southern Ave and 9th Street
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1963
  • Tax Year: 2013
  • Road Surface Type: Asphalt
  • Professional Management Expense: 2400.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: BI Oven/Range
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: See Remarks
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: 1 Space/Unit, Street Parking
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Street Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • 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

Fee Information

  • Annual Water Sewer Expense: 4000.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: .41 Acres
  • Additional Parcels: No
  • Parcel #: 113-58-010

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 6
  • Annual Gross Income: 34157.76
  • Insurance Expense: 1200.0
  • Maintenance Expense: 3000.0
  • Property Net Operating Income: 20343.0
  • Annual Operating Expense: 13815.1
  • Vacancy Allowance Rate: 0.08

Tax Info

  • Tax Annual Amount: 715.1
  • Tax Book Number: 113.00
  • Tax Lot: 10

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2014
Closed on
Aug 28, 2014
Sold by
Bought by
Seller's Agent
Terry Kass
Coldwell Banker Commercial Realty
Buyer's Agent
Elizabeth Yashar
Weichert, Realtors - Courtney Valleywide
List Price
$284,000
Sold Price
$250,000
Premium/Discount to List
-$34,000
-11.97%

Purchase Details

Listed on
Jan 13, 2014
Closed on
Jun 20, 2014
Sold by
Bought by
Seller's Agent
Terry Kass
Coldwell Banker Commercial Realty
Buyer's Agent
Elizabeth Yashar
Weichert, Realtors - Courtney Valleywide
List Price
$284,000
Sold Price
$250,000
Premium/Discount to List
-$34,000
-11.97%

Purchase Details

Closed on
Sep 25, 2013
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$250,000 Driggs Title Agency Inc
$20,000 Clear Title Agency Of Arizon
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/07/2014 07/07/14 Sold $250,000 -12.0% $213 / Sq Ft
06/11/2014 06/11/14 Pending -- -- --
01/13/2014 01/13/14 For Sale $284,000 -- $241 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,443 $9,569
2024 $1,366 $9,113
2023 $1,366 $49,500 $9,900 $39,600
2022 $1,338 $33,660 $6,730 $26,930
2021 $1,366 $27,870 $5,570 $22,300
2020 $1,349 $24,010 $4,800 $19,210
2019 $1,305 $22,570 $4,510 $18,060
2018 $1,270 $16,570 $3,310 $13,260
2017 $1,210 $14,180 $2,830 $11,350
2016 $1,151 $12,010 $2,400 $9,610
2015 $1,084 $9,730 $1,940 $7,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5055375

Arizona Regional Multiple Listing Service (ARMLS)
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