NOT LISTED FOR SALE
-- Bed
-- Bath
1,560 Sq Ft
1985 Built

Last Sold June 18, 2013

Last sale price $475,000 $304 Per Sq Ft

218 Days on Market

Highlights

  • Evaporated cooling system
  • Cottonwood Elementary School Rated 10
  • Carpet

About This Home

As of June 2013

Centrally located, well maintained apartments with newly paved driveway and private parking spaces. All apartments have fenced, gated backyards, with privacy slats and they are attached to the building. Community Washers and dryers (coin operated) located on property. Water, sewer, refrigerator, range/oven, dishwasher, and trash pickup (dumpster on site) included with rental. Present occupancy is 100%. This is a real deal on an investment property conservatively yielding a 8% Cap Rate supported by three years of tax returns, rental records, and financial statements (no guessing or creative math needed).

Last Agent to Sell the Property

Historical Agent - SVV

Historical Listings - SVV Listed on: 11/07/2012

Last Buyer's Agent

Michael Martin

Realty ONE Group Mountain Desert License #BR044457000

Realty ONE Group Mountain Desert

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,773

Year Built

  • Built in 1985

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Carpet
  • Vinyl

Utilities

  • Evaporated cooling system

Community Details

  • 5 Buildings
  • Aspen Shadows Subdivision

Listing and Financial Details

  • Tax Lot Not Applicable
  • Assessor Parcel Number 4064553F

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,773

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: CommMultiFam
  • Number Of Buildings: 5
  • Year Built: 1985
  • Tax Year: 2011
  • Subdivision Name: Aspen Shadows
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Dishwasher, Refrigerator
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Construction Type: Wood Frame
  • Roof: Composition

Utilities

  • Electric: Individual Meter
  • Cooling: Evaporative Cooling
  • Cooling Y N: Yes
  • Water Source: Individual Meter, City Franchise

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:Cable TV Available: Yes
  • Exterior Amenities:Other (See Remarks)58: Yes

Lot Info

  • Parcel #: 4064553F

Tax Info

  • Tax Annual Amount: 3773.0
  • Tax Lot: Not Applicable
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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
06/18/2013 06/18/13 Sold $475,000 -10.2% $304 / Sq Ft
06/13/2013 06/13/13 Pending -- -- --
11/07/2012 11/07/12 For Sale $529,000 -- $339 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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
2026 $3,003 $124,337 -- --
2024 $2,948 -- -- --
2023 $2,948 $138,626 $12,145 $126,481
2022 $2,934 $119,863 $8,389 $111,474
2021 $3,097 $117,844 $9,889 $107,955
2020 $3,074 $0 $0 $0
2019 $3,050 $0 $0 $0
2018 $2,945 $0 $0 $0
2017 $2,831 $0 $0 $0
2016 $3,398 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 134670

Arizona Regional Multiple Listing Service (ARMLS)

APN: 406-45-053F