NOT LISTED FOR SALE
-- Bed
-- Bath
908 Sq Ft
39,640 Sq Ft Lot

Last Sold August 15, 2016

Last sale price $475,000 $523 Per Sq Ft

118 Days on Market

Highlights

  • Cooling Available
  • Show Low Junior High School Rated A-
  • Heating System Uses Natural Gas

About This Home

As of August 2016

SELLER'S HEALTH PROMPTS THE SALE OF THIS GREAT LITTLE 20-UNIT PARK IN THE PINE TREES OF SHOW LOW: THE PARK OWNS THE UNITS!: 2 UNITS ARE STICK-BUILT, 17 ARE MANUF HOMES BUILT MOSTLY IN 1970'S, 1 IS A ONE-BED CAMPER TRAILER. THE PARK IS LOCATED ON 3 PARCELS/APPROX 1.4AC. PARK PAYS ELECT FOR SOME UNITS. TWO OF THE MANUF UNITS ARE NOT IN SERVICE (RENTS NOT INCL IN GROSS INC BUT ARE INCL IN VACANCY %)WHILE WAITING TO BE REDONE. ALWAYS A STRONG RENTAL MARKET IN SHOW LOW FOR THIS PRODUCT. DO NOT CONTACT OR DISTURB THE RESIDENTS OF THIS NEIGHBORHOOD PLEASE.

Last Agent to Sell the Property

Greg Grassl

Sunquest Properties of Arizona License #BR040321000 Listed on: 03/09/2016

Last Buyer's Agent

Beth Williams

Realty Executive Arizona Territory License #SA535125000

Realty Executive Arizona Territory

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,872

Year Built

  • Built in 1980

Lot Details

  • Additional Parcels

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces
  • Free Parking

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for electricity, trash collection, water, sewer
  • Assessor Parcel Number 210-05-016

Community Details

Overview

  • 2 Buildings
  • 20 Units
  • Building Dimensions are IRR

Building Details

  • Operating Expense $34,922
  • Gross Income $99,600
  • Net Operating Income $66,550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,872

Year Built

Built in 1980

Lot Details

0.91 Acres

Listing Details

  • Cross Street: DEUCE OF CLUBS-260/CENTRAL
  • Property Type: Multiple Dwellings
  • Zoning: MUNICIPAL
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1980
  • Tax Year: 2014
  • Road Surface Type: Gravel, Dirt, Private Street
  • Subdivision Name: NONE
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Other (See Remarks)
  • Appliances Included:Other (See Remarks)56: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: See Remarks
  • Roof: See Remarks
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: Free, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 20.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 20.0
  • Parking:Free: Yes

Utilities

  • Electric: APS
  • Cooling: Electric
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Fee Information

  • Annual Fuel Expense: 3000.0
  • Trash Expense: 4800.0
  • Annual Water Sewer Expense: 3650.0

Lot Info

  • Lot Size: IRR
  • Additional Parcels: Yes
  • Parcel #: 210-05-016

Multi Family

  • Owner Pays: Electricity, Trash Collection, Water, Sewer
  • Tenant Pays: Gas, Electricity
  • Number Of Units Total: 20
  • Electric Expense: 10000.0
  • Annual Gross Income: 99600.0
  • Insurance Expense: 5600.0
  • Maintenance Expense: 6000.0
  • Property Net Operating Income: 66550.0
  • Annual Operating Expense: 34922.14
  • Vacancy Allowance Rate: 0.2

Tax Info

  • Tax Annual Amount: 1872.14
  • Tax Book Number: 210.00
  • Tax Lot: NONE
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Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2016 08/15/16 Sold $475,000 -4.9% $523 / Sq Ft
07/05/2016 07/05/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $499,500 -- $550 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $1,262 -- -- --
2025 $1,242 $20,700 $6,319 $14,381
2024 $596 $18,209 $3,802 $14,407
2023 $1,242 $15,881 $4,017 $11,864
2022 $1,176 $0 $0 $0
2021 $1,176 $0 $0 $0
2020 $1,105 $0 $0 $0
2019 $1,125 $0 $0 $0
2018 $1,073 $0 $0 $0
2017 $991 $0 $0 $0
2016 $976 $0 $0 $0
2015 $916 $8,236 $3,024 $5,212
Source: Public Records

Agents Affiliated with this Home

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5410416

Arizona Regional Multiple Listing Service (ARMLS)

APN: 210-05-016A

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