NOT LISTED FOR SALE
20 Beds
-- Bath
1,980 Sq Ft
1985 Built

Last Sold January 04, 2017

Last sale price $740,000 $374 Per Sq Ft

46 Days on Market

Highlights

  • Central Air
  • Heating Available
  • 5-minute walk to Sands Park

About This Home

As of January 2017

Gated boutique complex of 10 large 2 bedroom, 2 bath rental units. Each unit features in-suite washer, dryer and fireplace. Covered parking and quiet location are additional features that underline rental demand for these rarely vacant units. Current rents are below market and with minor refreshing should achieve solid rental bumps on unit turns. Upper units have attractive vaulted ceilings with skylights.NEW ROOFS!!

Last Agent to Sell the Property

Victoria Miachika

REI Marketing License #BR639322000 Listed on: 10/27/2016

Co-Listed By

Chad Brandt

West USA Realty License #SA665200000

Last Buyer's Agent

Mark Skelpsa

HomeSmart Realty License #SA642313000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,758

Year Built

  • Built in 1985

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Composition Roof
  • Stucco

Parking

  • 8 Open Parking Spaces
  • 18 Parking Spaces
  • 10 Covered Spaces
  • Common or Shared Parking

Schools

  • Glendale Landmark Middle School
  • Glendale High School

Utilities

  • Central Air
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for trash collection, water, sewer, landscaping
  • Legal Lot and Block 10 / 5
  • Assessor Parcel Number 147-18-118

Community Details

Overview

  • 10 Units
  • Building Dimensions are 115X40
  • Cook & White Add Amd Subdivision

Building Details

  • Operating Expense $3,758
  • Net Operating Income $50,921

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,758

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: 59th Avenue & Glendale Road
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Year Built: 1985
  • Tax Year: 2016
  • Directions: Turn left onto Myrtle AV and Turn right onto N54 Ave. Destination will be on the right.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: azim02
  • Co List Office Phone: 602-277-7368
  • Subdivision Name: COOK & WHITE ADD AMD
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:WasherDryer: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: See Remarks, Composition, Tile
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 10.0
  • Parking Features: Common
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 18.0
  • General Property Description:Covered Parking Spcs: 10.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 18.0
  • Parking:Carport: Yes
  • Parking:Other (See Remarks)24: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes
  • Interior Amenities:Vertical Blinds2: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Schools

  • Elementary School: Glendale Landmark Middle School
  • High School: Glendale High School
  • Middle Or Junior School: Glendale Landmark Middle School

Lot Info

  • Lot Size: 115X40
  • Additional Parcels: No
  • Parcel #: 147-18-118

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer, Landscaping
  • Tenant Pays: Cable TV
  • Number Of Units Total: 10
  • Property Net Operating Income: 50921.0
  • Annual Operating Expense: 3758.0

Tax Info

  • Tax Annual Amount: 3758.0
  • Tax Block: 5
  • Tax Book Number: 147.00
  • Tax Lot: 10

Range of Values:

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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 Prior Sale
01/04/2017 01/04/17 Sold $740,000 -1.1% $374 / Sq Ft
12/09/2016 12/09/16 Pending -- -- --
10/24/2016 10/24/16 For Sale $748,000 +22.6% $378 / Sq Ft
12/16/2015 12/16/15 Sold $610,000 -2.4% $308 / Sq Ft View Prior Sale
11/02/2015 11/02/15 Pending -- -- --
10/08/2015 10/08/15 For Sale $625,000 +58.6% $316 / Sq Ft
07/18/2012 07/18/12 Sold $394,000 -1.5% $99 / Sq Ft View Prior Sale
05/04/2012 05/04/12 Pending -- -- --
05/03/2012 05/03/12 For Sale $400,000 -- $100 / 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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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5516965

Arizona Regional Multiple Listing Service (ARMLS)