NOT LISTED FOR SALE

Phoenix, AZ 85017

Grandview Neighborhood
16 Beds
8 Baths
700 Sq Ft
1965 Built

Last Sold February 27, 2015

Last sale price $525,000 $750 Per Sq Ft

60 Days on Market

Highlights

  • Heated Community Pool
  • Ceramic Tile Flooring
  • Heating Available
  • Washington High School Rated A-
  • Central Air

About This Home

As of February 2015

DO NOT DISTURB TENANTS...Drive By Only...Meticulously maintained and family owned for over 40 years. Unique property layout with casita style buildings. All units feature private carports, private entrances, washer/dryer hook-ups, private fenced-in rear yards and individual separate storage areas. Individually metered with tenants paying for electric and gas.

Last Agent to Sell the Property

Jack Cardinal

Cooper Cardinal and Company License #SA642221000 Listed on: 12/05/2014

Co-Listed By

Jennifer Runyon

Jennifer M Runyon License #BR652484000

Last Buyer's Agent

Ian Chait

Barrett Real Estate License #BR504768000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,554

Year Built

  • Built in 1965

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 8 Parking Spaces
  • 8 Covered Spaces
  • Common or Shared Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 2
  • Assessor Parcel Number 156-02-005

Community Details

Overview

  • 7 Buildings
  • 8 Units
  • Building Dimensions are 80.25 X 315.25 Approximate

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $23,834
  • Gross Income $54,720
  • Net Operating Income $33,765

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,554

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Cross Street: 27th Avenue North of Maryland
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 7
  • Year Built: 1965
  • Tax Year: 2014
  • Road Surface Type: Asphalt
  • Professional Management Expense: 3000.0
  • Co List Office Mls Id: ccac01
  • Co List Office Phone: 602-457-7751
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:WD Hookup: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 8.0
  • Parking Features: Common
  • Attached Garage: No
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Carport: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Pool

Association/Amenities

  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Partially Fenced: Yes
  • Community Amenities:Pool2: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Fee Information

  • Annual Fuel Expense: 600.0
  • Annual Water Sewer Expense: 6000.0

Lot Info

  • Lot Size: 80.25 X 315.25 Approximate
  • Additional Parcels: No
  • Parcel #: 156-02-005

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 8
  • Electric Expense: 1000.0
  • Annual Gross Income: 54720.0
  • Insurance Expense: 1400.0
  • Maintenance Expense: 2600.0
  • Property Net Operating Income: 33765.0
  • Annual Operating Expense: 23834.3
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2554.3
  • Tax Book Number: 156.00
  • Tax Lot: 2

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 List to Sale Price per Sq Ft
02/27/2015 02/27/15 Sold $525,000 -0.9% $750 / Sq Ft
02/03/2015 02/03/15 Pending -- -- --
12/05/2014 12/05/14 For Sale $530,000 -- $757 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jack Cardinal

    Seller's Agent in 2015

    Jack Cardinal

    Cooper Cardinal and Company

    (602) 457-7751

    10 Total Sales

    Jack Cardinal
    Section Image

  • J

    Seller Co-Listing Agent in 2015

    Jennifer Runyon

    Jennifer M Runyon

    Section Image
  • Ian Chait

    Buyer's Agent in 2015

    Ian Chait

    Barrett Real Estate

    (602) 430-5572

    27 Total Sales

    Ian Chait
    Section Image
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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5207684

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Phoenix 85017

Grandview

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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