4302 N 103RD Avenue, Phoenix, AZ 85037 (MLS# 5063667)

4302 N 103RD Avenue, Phoenix, AZ 85037

$4,150,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $4,150,000 Last Modified: 11/02/2024

Overview

Description

FAIRWAY VISTA CONDOMINIUMS, IS A 76 UNIT CONDO COMMUNITY LOCATED ALONG VILLA LA PAZ GOLF COURSE. FEATURING 75 (960 SF) 2-BEDROOM 1-BATH CONDOS & 1 STUDIO CONDO. EACH CONDO FEATURES A GREAT ROOM W/EXIT TO COVERED PATIO/BALCONY, KITCHENS HAVE REFRIGERATOR, ELEC RANGE/OVEN, OTR MICRO, DISHWASHER, PANTRY & DINING. CERAMIC TILE & CARPET, ELECTRIC IS INDIVIDUALLY METERED, LUSH LANDSCAPING W/GATED COMMUNITY POOL, BBQ AREAS AND 2 REMODELED COMMUNITY (INCOME PRODUCING) LAUNDRY ROOMS W/MAYTAG WASHER & DRYERS. EACH CONDO HAS 1 ASSIGNED COVERED PARKING SPACE. 56 ADDITIONAL UNCOVERED & HANDCAPPED SPACES. HOA IS ESTABLISHED (INACTIVE) SO UNITS CAN BE SOLD INDIVIDUALY. CURRENTLY RENTING AT $700 MONTHLY. 2-CONDOS W/$10K IN UPGRADES W/GRANITE COUNTERTOPS, STAINLESS STEEL APPLIANCES & CHERRY CABINETS.

Listing Details MLS# 5063667

Location, Tax & Legal

Map Code/Grid
P30
House Number
4302
Compass
N
Street Name
103RD
St Suffix
Avenue
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85037
Zip4
5511
County Code
Maricopa
Subdivision
FAIRWAY VISTA CONDOMINUMS
Assessor Number
102-22-767
Tax Year
2013
Assessor's Map #
22
Legal Description (Abbrev)
FAIRWAY VISTAS CONDOMINIUMS
Assessor's Parcel #
767
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
82002
Taxes
586
Legal
FAIRWAY VISTAS CONDOMINIUMS MCR 1080-23UNIT 1PLEASE NOTE: FOR LEG
Marketing Name
FAIRWAY VISTAS

Contract Info

Ownership
Condominium

General Property Description

Lot Size Dimensions
838
Year Built
1979
Uncvrd Parking Spcs
56
Total # of Units
76
# of Buildings
7
Zoning
MH MULTIFAMILY
Elementary School District
Pendergast Elementary District
High School District
Tolleson Union High School District
Elementary School
Villa De Paz Elementary School
Jr. High School
Villa De Paz Elementary School
High School
Westview High School

Remarks Misc

Cross Street
INDIAN SCHOOL & 103RD AVENUE
Directions
FROM INDIAN SCHOOL ROAD - NORTH ON 103RD AVE 4 BLOCKS TO PROPERTY

Status Change Info

Off Market Date
2014-10-13
Under Contract Date
2014-10-09
Close of Escrow Date
2014-12-19

Legal Info

Township
2N
Range
1E
Section
20
Lot Number
Yes

More Information

Efficiency Units

# Efficiency Units
Yes
Avg Rent
500
Avg SqFt
500
# Baths
Yes

2 Bedroom Units

# 2 Bedroom Units
75
Avg Rent
650
Avg SqFt
960
# Baths
Yes

Contact Info

List Agent Home Phn
480-515-9142

Sold Info

Loan Type
Cash
Payment Type
Other
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Project Type

51 - 99 Units
Yes

Construction

Wood Frame
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Built-Up
Yes

Floors

Vinyl
Yes
Ceramic Tile
Yes
Carpet
Yes

Sale Includes

Land & Building
Yes
Pool Equipment
Yes
Laundry Equipment
Yes

Income & Expenses

Annual Elec Exp
0
Annual Gas Exp
0
Annual Ins Exp
0
Annual Land Lse Exp
0
Annual Landscape Exp
0
Annual Legal & Acctg
0
Annual Maint Exp
0
Annual Mgmt Exp
0
Annual Trash Exp
0
Annual Wtr/Swr Exp
0
Owner Association
Yes
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Annual Other Expense
0
Operating Exp
586
Other Income
0
Vacancy Allowance
0.1
Adjusted Gross Inc
0

Pmt & Rate Info

Down Payment
0
Equity
4900000
Down Payment %
0
Monthly Payments
0
Total Owed
0
Assessment Balance
0

Community Features

Pool
Yes
Manager Res/Office
Yes
Barbecue
Yes

Heating

Electric
Yes

Cooling

Ceiling Fan(s)
Yes
Heat Pump
Yes

Exterior Amenities

Landscape Water System
Yes
Green Landscaping
Yes
Cable TV Available
Yes
Patio/Balcony
Yes
Security Light(s)
Yes

Interior Features

Unfurnished
Yes
Fire/Smoke Alarm(s)
Yes
Vertical Blinds
Yes
Mini Blinds
Yes

Tenant Pays

Electricity
Yes
Cable TV
Yes

Appliances Included

Dishwasher
Yes
Disposal
Yes
Refrigerator
Yes
Built-In Range
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes
Books Shwn Accpt Ofr
Yes
Other (See Remarks)
Yes

Water Source

City Franchise
Yes
Master Meter
Yes

Sewer

Sewer - Public
Yes

Parking Features

>1 Space Per Unit
Yes
Assigned
Yes

Electric

SRP
Yes
Individual Meter
Yes

Gas

None
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes
Landscaping
Yes
Pool Maintenance
Yes

New Financing

Cash to Loan
Yes
Conventional
Yes
1031 Exchange
Yes

Existing 1st Loan

Private
Yes

Existing 1st Loan Type

Not Applicable
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan

Private
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Other (See Remarks)
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

None
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

1 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: 51 - 99 Units Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Built-Up Floors: Vinyl; Ceramic Tile; Carpet Sale Includes: Land & Building; Pool Equipment; Laundry Equipment Community Features: Pool; Manager Res/Office; Barbecue Exterior Amenities: Landscape Water System; Green Landscaping; Cable TV Available; Patio/Balcony; Security Light(s) Interior Features: Unfurnished; Fire/Smoke Alarm(s); Vertical Blinds; Mini Blinds Appliances Included: Built-In Range; Refrigerator; Dishwasher; Disposal Cooling: Ceiling Fan(s); Heat Pump Water Source: City Franchise; Master Meter Sewer: Sewer - Public Electric: SRP; Individual Meter Gas: None Parking Features: >1 Space Per Unit; Assigned Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping; Pool Maintenance Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner; Books Shwn Accpt Ofr; Other (See Remarks) Existing 1st Loan: Private Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Private Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Cash to Loan; Conventional; 1031 Exchange Environmental: None
Listing Office: The Robinson Group
IDX
Last Updated: November - 02 - 2024
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