$699,000
Phoenix, AZ 85031
MLS# 6696888
Status: Closed
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Property Description
DO NOT DISTURB OCCUPANTS. 4 PLEX ** One - 3 bedroom 2 bathroom, Two - 2 bedrooms 2 bathroom, One 2 bedroom 1 bathroom. All units have garages. 3 newer A/C units and one not old. Roof is 3 years old. 3 units rented. More information to come. Property cash flows well. Agents see private remarks.
Details
Maps
Contract Info
Current Price: $699,000
Sold Price: $699,000
Status: Closed
List Date: 2024-04-25
Ownership: Fee Simple
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
House Number: 4434
Compass: N
Street Name: 53RD
St Suffix: Lane
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85031
Zip4: 1919
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 2 PARKWAY VILLAGE MCR 015609
Subdivision: PARKWAY VILLAGE
Assessor's Map #: 44
Assessor's Parcel #: 48
Add'l Parcels: No
Assessor Number: 144-44-048
Legal: LOT 2 PARKWAY VILLAGE MCR 015609
Census Tract: 109400
Tax Municipality: Phoenix
Taxes: 2860
Tax Year: 2023
Marketing Name: Parkway Village
General Property Description
Lot Size Dimensions: TBD
Year Built: 1973
Total # of Units: 4
# of Buildings: 1
Zoning: R-4
Elementary School District: Cartwright Elementary District
High School District: Phoenix Union High School District
Remarks & Misc
Cross Street: 51st Ave and Camelback.
Directions: 51st Ave South of Camelback. West to 53rd Lane. , Then south to the property on the right side of the road.
Geo Lat: 33.501598
Geo Lon: -112.174451
Status Change Info
Status Change Date: 2024-06-19
Off Market Date: 2024-05-22
Under Contract Date: 2024-05-21
Close of Escrow Date: 2024-06-18
Sold Price: $699,000
Legal Info
Township: 2N
Range: 2E
Section: 20
Lot Number: 2
Income & Expenses
Owner Association: Yes
Annual Ownr Asoc Fee: 4032
Operating Exp: 6892
Gross Annual Sch Inc: 1
Other Income: 1
Vacancy Allowance: 0.25
Adjusted Gross Inc: 1.5
Net Operating Income: 1
Pmt & Rate Info
Down Payment %: 1
Monthly Payments: 1
Equity: 699000
Showing Notification Methods
Showing Service: No Showing Service Used
2 Bedroom Units
# 2 Bedroom Units: 3
Avg Rent: 1100
Avg SqFt: 1000
# Baths: 2
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 1950
Avg SqFt: 1250
# Baths: 2
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession to Buyer: 20000
Seller Concession $/%: $
Property Features
Project Type: Four Plex
Construction: Frame - Wood
Const - Finish: Painted; Stucco
Roofing: Comp Shingle
Floors: Carpet; Other
Sale Includes: Land & Building
Community Amenities: No Pool
Exterior Amenities: Patio/Balcony
Interior Amenities: Unfurnished
Appliances Included: F/S Oven/Range; Dishwasher; Disposal
Cooling: Ceiling Fan(s)
Water: City Franchise; Master Meter
Sewer: Sewer - Public
Electric: SRP; Individual Meter
Gas: None
Parking: Garage
Roads/Streets: Asphalt
Owner Pays: Water
Tenant Pays: Electric
Source of Fincl Data: Provided by Owner
Showing Notification Methods: Text; Phone Call
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; FHA; Conventional; 1031 Exchange
Reports/Disclosures: None
Environmental: None
Listing Office: HomeSmart
Last Updated: June - 19 - 2024
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