1826 N 51st Street, Phoenix, AZ 85008
$5,250,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $5,250,000 Last Modified: 10/05/2024
More Information MLS# 6651091
Contract Info
Ownership: Fee Simple Current Price: $5,250,000 Sold Price: $5,250,000 Status: Closed List Date: 2024-01-16
Location, Tax & Legal
Assessor's Map #: 20 Assessor's Parcel #: 6 Assessor Parcel Ltr: B Add'l Parcels: Yes Tax Municipality: Phoenix Taxes: 13022 Legal: to be provided at title Marketing Name: Desert Villa House Number: 1826 Compass: N Street Name: 51st St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85008 County Code: Maricopa Assessor Number: 126-20-006-B Tax Year: 2023
General Property Description
# of Buildings: 7 Uncvrd Parking Spcs: 23 Lot Size Dimensions: unknown Total # of Units: 29 Elementary School District: Balsz Elementary District High School District: Phoenix Union High School District Year Built: 1981 Zoning: R-3
Project Type
25 - 50 Units: 1
Construction
Wood Frame: 1 Slump Block: 1
Const - Finish
Painted: 1 Stucco: 1
Roofing
Composition: 1
Floors
Vinyl: 1 Ceramic Tile: 1
Sale Includes
Land & Building: 1 Laundry Equipment: 1
Income & Expenses
Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 13022 Other Income: 31053 Vacancy Allowance: 0.12 Adjusted Gross Inc: 488270.64
Pmt & Rate Info
Cap Rate: 6.93 Equity: 5500000 Down Payment %: 1 Monthly Payments: 1 Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used Text: 1 Email: 1
Lockbox Type
None: 1
Community Features
Pool: 1 Barbecue: 1 See Remarks: 1
Heating
Electric: 1
Cooling
Ceiling Fan(s): 1 Electric: 1 Individual: 1
Exterior Amenities
Desert Landscaping: 1
Tenant Pays
Electricity: 1
Appliances Included
Refrigerator: 1 Free-Standing Range: 1 Washer/Dryer: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1 Master Meter: 1
Sewer
Sewer - Public: 1
Parking Features
>1 Space Per Unit: 1 Paved: 1
Electric
SRP: 1 Individual Meter: 1
Gas
None: 1
Owner Pays
Water: 1 Sewer: 1 Trash Collection: 1
New Financing
Conventional: 1 Other (See Remarks): 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 21 Avg Rent: 1450 Avg SqFt: 630 # Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 8 Avg Rent: 1650 Avg SqFt: 830 # Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Conventional Loan Years: 25 Closing Cost Split: Normal - N Payment Type: Fixed Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $
Remarks Misc
Geo Lat: 33.468086 Geo Lon: -111.973091
Status Change Info
Off Market Date: 2024-10-04 Under Contract Date: 2024-06-21 Close of Escrow Date: 2024-09-10 Sold Price: $5,250,000
Legal Info
Lot Number: 4
Income Expenses
Gross Annual Sch Inc: 523800 Net Operating Income: 381067
Property Features
Project Type: 25 - 50 Units Construction: Wood Frame; Slump Block Const - Finish: Painted; Stucco Roofing: Composition Floors: Vinyl; Ceramic Tile Sale Includes: Land & Building; Laundry Equipment Community Features: Pool; Barbecue; See Remarks Exterior Amenities: Desert Landscaping Appliances Included: Free-Standing Range; Refrigerator; Washer/Dryer Cooling: Ceiling Fan(s); Electric; Individual Water Source: City Franchise; Master Meter Sewer: Sewer - Public Electric: SRP; Individual Meter Gas: None Parking Features: >1 Space Per Unit; Paved Road Surface Type: Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Electricity Source of Fincl Data: Owner Showing Notification Methods: Text; Email Lockbox Type: None New Financing: Conventional; Other (See Remarks) Environmental: None
Listing Office: Munroe Multifamily
Last Updated: October - 05 - 2024
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