NOT LISTED FOR SALE
7 Beds
5 Baths
1,325 Sq Ft
1958 Built

Last Sold February 19, 2016

Last sale price $300,000 $226 Per Sq Ft

69 Days on Market

Highlights

  • Heated Community Pool
  • Cooling Available
  • Ceiling Fan
  • Phoenix Coding Academy Rated A
  • Ceramic Tile Flooring
  • Heat Pump System

About This Home

As of February 2016

AN OPPORTUNITY LIKE THIS DOESN'T COME ALONG EVERY DAY. THIS 4-PLEX LOCATED IN THE VERY POPULAR CENTRAL CORRIDOR IS A GREAT AFFORDABLE INVESTMENT POSSIBILITY WITH HUGE POTENTIAL! TENANTS HAVE BEEN IN PLACE FOR YEARS AND ARE HAPPY WHERE THEY ARE. OPEN YOUR FRONT DOOR AND HEAD OUT TO YOUR OWN GATED POOL! COMPLEX NEEDS A LITTLE TLC BUT THE MID-CENTURY CHARM IS WONDERFUL. DON'T PASS UP THIS AWESOME INCOME PRODUCING INVESTMENT!

Last Agent to Sell the Property

Terry Huntingford

West USA Realty License #BR628436000 Listed on: 11/11/2015

West USA Realty

Last Buyer's Agent

Dan Harach

HomeSmart License #SA575941000

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,492

Year Built

  • Built in 1958

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 7 Parking Spaces
  • Carport

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • The owner pays for pool maintenance, gas, trash collection, water, sewer
  • Tax Lot 3
  • Assessor Parcel Number 161-15-064

Community Details

Overview

  • 4 Units
  • Building Dimensions are 11930
  • Rose Lane Park Subdivision

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $16,232
  • Net Operating Income $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,492

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: 9TH ST & BETHANY HOME
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: VERIFY
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1958
  • Tax Year: 2015
  • Directions: BETHANY HOME TO 9TH ST AND NORTH TO MARLETTE.
  • Road Surface Type: Asphalt
  • Professional Management Expense: 5400.0
  • Subdivision Name: ROSE LANE PARK
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Built-In Range, Refrigerator, Washer/Dryer
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Community Features:Pool2: Yes

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 7.0
  • Parking Features: Carport
  • Attached Garage: No
  • Total Parking Spaces: 7.0
  • General Property Description:Covered Parking Spcs: 7.0
  • General Property Description:Total Parking Spcs: 7.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: APS
  • Cooling: Ceiling Fan(s), Electric
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter, Irrigation
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Pool

Fee Information

  • Annual Fuel Expense: 486.0
  • Annual Water Sewer Expense: 1800.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 11930
  • Additional Parcels: No
  • Parcel #: 161-15-064

Multi Family

  • Owner Pays: Pool Maintenance, Gas, Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Electric Expense: 1200.0
  • Insurance Expense: 1825.0
  • Maintenance Expense: 1829.0
  • Property Net Operating Income: 21000.0
  • Annual Operating Expense: 16232.0

Tax Info

  • Tax Annual Amount: 2492.0
  • Tax Book Number: 161.00
  • Tax Lot: 3

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
02/19/2016 02/19/16 Sold $300,000 -17.8% $226 / Sq Ft
01/19/2016 01/19/16 Pending -- -- --
11/11/2015 11/11/15 For Sale $365,000 -- $275 / 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: 5361429

Arizona Regional Multiple Listing Service (ARMLS)