$275,000
Phoenix, AZ 85009
MLS# 5791975
Status: Closed
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Property Description
DO NOT DISTURB OCCUPANTS This wonderful property is being sold with parcel # 106-20-049. each parcel is a Duplex. They share 1 water meter. Seller recently remodeled 3 units. 1 is not remodeled All units have tenants. Great income property at a great price. tile flooring, redone cabinetry, bathrooms, counter tops. Please call LA with any questions. Property to be sold as is
Details
Maps
Contract Info
Current Price: $275,000
Sold Price: $275,000
Status: Closed
List Date: 2018-07-09
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: Q33
House Number: 3942
Compass: W
Street Name: SHERMAN
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85009
Zip4: 5461
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 3 BLOCK 11 HOMEDALE 13 TO 18 MCR 003112
Subdivision: HOMEDALE 13 TO 18
Assessor's Map #: 20
Assessor's Parcel #: 51
Add'l Parcels: Yes
Assessor Number: 106-20-051
Legal: LOT 3 BLOCK 11 HOMEDALE 13 TO 18 MCR 003112
Census Tract: 114600
Tax Municipality: Maricopa - COUNTY
Taxes: 284
Tax Year: 2017
Marketing Name: UNK
General Property Description
Lot Size Dimensions: 6100
Year Built: 1962
Total # of Units: 4
# of Buildings: 2
Zoning: R3
Elementary School District: Riverside Elementary District
High School District: Phoenix Union High School District
Remarks & Misc
Directions: 41st Ave and Buckeye
Geo Lat: 33.441221
Geo Lon: -112.145068
Status Change Info
Status Change Date: 2018-11-08
Off Market Date: 2018-10-14
Under Contract Date: 2018-10-14
Close of Escrow Date: 2018-11-07
Sold Price: $275,000
Legal Info
Township: 1N
Range: 2E
Section: 10
Block: 11
Lot Number: 3
Income & Expenses
Annual Maint Exp: 1000
Annual Mgmt Exp: 1560
Annual Wtr/Swr Exp: 2160
Owner Association: No
Operating Exp: 5004
Totl Mnth Rntal Inc: 2600
Net Operating Income: 831
Pmt & Rate Info
Cap Rate: 0.29
Equity: 284900
Efficiency Units
# Efficiency Units: 4
Avg Rent: 650
Avg SqFt: 495
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 4
Avg Rent: 650
Avg SqFt: 495
# Baths: 1
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: Duplex
Construction: Block
Const - Finish: Painted
Roofing: Built-Up
Floors: Vinyl
Sale Includes: Other (See Remarks)
Community Amenities: Other; See Remarks
Appliances Included: Other (See Remarks)
Heating: Other; See Remarks
Cooling: Evaporative Cooling
Water: Other; See Remarks
Sewer: Sewer - Public
Electric: SRP
Gas: None
Parking: Other (See Remarks)
Roads/Streets: Concrete
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electric; Cable TV
Source of Fincl Data: Provided by Owner
Existing 1st Loan: Other (See Rmks)
Existing 1st Ln Type: Fixed
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: VA; FHA; Conventional
Reports/Disclosures: None
Environmental: Other (See Remarks)
Listing Office: American Traditions Realty
Last Updated: August - 06 - 2021
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