7141 N 19TH Avenue, Phoenix, AZ 85021
$4,400,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $4,400,000 Last Modified: 12/29/2024
Description
Drive by only. Please contact for showings and property tours.
More Information MLS# 5668162
Contract Info
Ownership: Fee Simple Current Price: $4,400,000 Sold Price: $4,400,000 Status: Closed List Date: 2017-10-02
Location, Tax & Legal
Assessor's Map #: 16 Legal Description (Abbrev): W ORANGEWOOD N 198F LOT 8 EX E 208F & EX W 7F & ALSO S 20F MYRTLE AVE LY ADJ N LI LOT 8 P/D 3316/196 Assessor's Parcel #: 20 Assessor Parcel Ltr: A Add'l Parcels: No Tax Municipality: Maricopa - COUNTY Census Tract: 106100 Taxes: 17446 Legal: W ORANGEWOOD N 198F LOT 8 EX E 208F & EX W 7F & ALSO S 20F MYRTLE AVE LY ADJ N LI LOT 8 P/D 3316/196 Marketing Name: Twillingate Map Code/Grid: N34 House Number: 7141 Compass: N Street Name: 19TH St Suffix: Avenue City/Town Code: Phoenix State/Province: AZ Zip Code: 85021 Zip4: 8514 County Code: Maricopa Subdivision: WEST ORANGEWOOD Assessor Number: 157-16-020-A Tax Year: 2017
General Property Description
# of Buildings: 4 Uncvrd Parking Spcs: 17 Lot Size Dimensions: 1.92 Acres Total # of Units: 52 Elementary School District: Washington Elementary District High School District: Glendale Union High School District Year Built: 1973 Zoning: Pad-14
Legal Info
Range: 3E Section: 6 Township: 2N Lot Number: 8
Project Type
51 - 99 Units: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1 Stucco: 1
Roofing
Foam: 1 Rolled: 1
Floors
Vinyl: 1 Ceramic Tile: 1
Sale Includes
Building(s) Only: 1 Land & Building: 1 Personal Property: 1 Pool Equipment: 1 Other (See Remarks): 1
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: No Annual Ownr Asoc Fee: 0 Annual PAD Fee: 0 Annual Rplcmnt Rsrvs: 0 Annual Other Expense: 0 Operating Exp: 17446 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 0
Pmt & Rate Info
Cap Rate: 6.41 Down Payment: 1320000 Equity: 4400000 Down Payment %: 30 Monthly Payments: 0 Total Owed: 0 Assessment Balance: 0
Community Features
Pool: 1 Manager Res/Office: 1 Barbecue: 1
Heating
Central: 1
Cooling
Central Air: 1 Individual: 1
Exterior Amenities
Landscape Water System: 1 Green Landscaping: 1 Desert Landscaping: 1 Partially Fenced: 1 Patio/Balcony: 1
Interior Features
Unfurnished: 1 Vertical Blinds: 1
Tenant Pays
None: 1
Appliances Included
Dishwasher: 1 Refrigerator: 1 Free-Standing Range: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Projected Proforma: 1 Other (See Remarks): 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
On Street: 1 >1 Space Per Unit: 1 Paved: 1 Assigned: 1
Electric
SRP: 1
Gas
Other (See Remarks): 1
Owner Pays
Water: 1 Sewer: 1 Electric: 1 Gas: 1 Trash Collection: 1 Landscaping: 1 Other: 1 See Remarks: 1
New Financing
Conventional: 1 1031 Exchange: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Contact Info
List Agent Home Phn: 480-887-0640
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 32 Avg Rent: 800 Avg SqFt: 700 # Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 20 Avg Rent: 925 Avg SqFt: 900 # Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Conventional Closing Cost Split: Normal - N Payment Type: Other Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $
Remarks Misc
Cross Street: 19th Ave & Myrtle Ave Geo Lat: 33.541863 Geo Lon: -112.098789
Status Change Info
Off Market Date: 2018-01-17 Under Contract Date: 2018-01-17 Close of Escrow Date: 2018-02-16 Sold Price: $4,400,000
Income Expenses
Net Operating Income: 282026
Property Features
Project Type: 51 - 99 Units Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Foam; Rolled Floors: Vinyl; Ceramic Tile Sale Includes: Building(s) Only; Land & Building; Personal Property; Pool Equipment; Other (See Remarks) Community Features: Pool; Manager Res/Office; Barbecue Exterior Amenities: Landscape Water System; Green Landscaping; Desert Landscaping; Partially Fenced; Patio/Balcony Interior Features: Unfurnished; Vertical Blinds Appliances Included: Free-Standing Range; Refrigerator; Dishwasher Heating: Central Cooling: Individual; Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: Other (See Remarks) Parking Features: On Street; >1 Space Per Unit; Assigned; Paved Road Surface Type: Asphalt Owner Pays: Water; Electric; Gas; Trash Collection; Landscaping; Other; See Remarks Tenant Pays: None Source of Fincl Data: Projected Proforma; Other (See Remarks) Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Conventional; 1031 Exchange Environmental: None
Listing Office: Orion Investment Real Estate
Last Updated: December - 29 - 2024
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