NOT LISTED FOR SALE

Long Shot Phoenix Ave Phoenix, AZ 85032

117 Beds
-- Bath
-- Sq Ft
1970 Built

Last Sold July 15, 2016

Last sale price $3,600,000

96 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heating Available

About This Home

As of July 2016

This is a 37 Single Family Home Portfolio with a ROI of 8% based on current discounted rate. All homes have Tenants that are in a lease option position. Title held in the current entity name.

Last Agent to Sell the Property

John Fox

DeLex Realty License #BR552354000 Listed on: 01/30/2016

Last Buyer's Agent

John Fox

DeLex Realty License #BR552354000

DeLex Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $600

Year Built

  • Built in 1970

Home Design

  • Wood Frame Construction
  • Composition Roof

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Concrete Flooring
  • Additional Parcels

Listing and Financial Details

  • Tenant pays for trash collection, gas, electricity, water, sewer, cable TV
  • Tax Lot 1-37
  • Assessor Parcel Number 143-12-396

Community Details

Overview

  • 37 Buildings
  • 37 Units
  • Building Dimensions are 80 x 100

Building Details

  • Operating Expense $600
  • Net Operating Income $310,168

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$600

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Cross Street: Varies
  • Property Type: Multiple Dwellings
  • Zoning: R1-6
  • Number Of Buildings: 37
  • Ownership: Fee Simple
  • Year Built: 1970
  • Tax Year: 2015
  • Directions: Ask for information
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: None
  • Construction Type: Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0

Utilities

  • Electric: APS, SRP
  • Cooling: Other, See Remarks
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Main Cooling Other: 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: 80 x 100
  • Additional Parcels: Yes
  • Parcel #: 143-12-396

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Gas, Electricity, Water, Sewer, Cable TV
  • Number Of Units Total: 37
  • Property Net Operating Income: 310168.0
  • Annual Operating Expense: 600.0

Tax Info

  • Tax Annual Amount: 600.0
  • Tax Book Number: 143.00
  • Tax Lot: 1-37

Range of Values:

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Average Value
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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
07/15/2016 07/15/16 Sold $3,600,000 -10.6% --
05/05/2016 05/05/16 Pending -- -- --
01/30/2016 01/30/16 For Sale $4,024,885 -- --
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: 5391285

Arizona Regional Multiple Listing Service (ARMLS)