$679,000 Price Analysis    ♡   Phoenix, AZ 85029 Unknown bed 0 bath unknown SqFt ($0/SqFt) Built 1963 Listed 2024-04-23, Taxes $1,668 | Ⓧ USDA Ineligible due to location near Phoenix |
A rare find in this market.
Great 4 unit property all with 2 bedrooms and 1 bathroom. 3 of the units have been extensively remodeled with new flooring, new kitchen cabinets, counters and appliances, new vanities, tubs and toilets, popcorn ceilings have been removed. This four plex is part of a 48 unit complex of 12 individually owned 4 plex buildings.
Uni ts C and D have private fenced yards. Roof was new in 2018. Unit A - new A/C in 2023. Unit D - new A/C in 2021. Unit C - new A/C in 2020. 100% occupied at below market rates. Market rents indicate a $1250-$1350 per month rate is possible, making the CAP rate a terrific 7%+. Cmmunity laundry. NO HOA!
Presented by Tyler Nick at
Mcmath Realty Llc.
Property MLS #6695476 from ArizonaRegionalMLS
Heating Features: Individual, Heat Pump, Electric
Heating: Yes
Calculated Total Monthly Association Fees: 0
Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: Maricopa
Directions: West on Cactus from 19th Ave. Garden Villas is on the North side of Cactus. Second building on the left.
Tax Year: 2023
Source Property Type: Multiple Dwellings
Owner Pays: Trash Collection, Water, Sewer
Parcel Number: 149-04-024
Postal Code Plus 4: 5503
Zoning: R-3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $19,850 + $4,960 $24,810 | $1,668 |
| 2020 | $18,250 + $4,560 $22,810 | $1,647 |
| 2019 | $15,950 + $3,980 $19,930 | $1,617 |
| 2018 | $13,040 + $3,260 $16,300 | $1,575 |
| 2017 | $12,220 + $3,050 $15,270 | $1,567 |
| 2016 | $11,810 + $2,950 $14,760 | $1,538 |
| 2015 | $11,560 + $2,890 $14,450 | $1,425 |
| 2014 | $9,190 + $2,290 $11,480 | $1,517 |
| 2012 | $5,900 + $1,470 $7,370 | $1,200 |
| 2011 | $6,730 + $1,680 $8,410 | $1,152 |
| 2009 | $22,680 + $5,670 $28,350 | $2,279 |
| 2008 | $17,980 + $3,660 $21,640 | $1,909 |
| 2007 | $11,720 + $2,930 $14,650 | $1,591 |
$679,000
ArizonaRegionalMLS
Listed 2024-04-23
$699,000
ArizonaRegionalMLS
Sold 2018-02-08
$257,700
ArizonaRegionalMLS
Listing removed 2017-08-29
$267,700
ArizonaRegionalMLS
Listing removed 2017-06-21
$267,700
ArizonaRegionalMLS
Listed 2017-06-19
$267,700
ArizonaRegionalMLS
Sold 2010-10-15
$105,000
Public Record
Listing removed 2010-10-04
$105,000
ArizonaRegionalMLS
Price Changed 2010-06-10
$105,000
ArizonaRegionalMLS
Listed 2010-05-26
$129,000
ArizonaRegionalMLS
Listing removed 2009-10-23
$129,000
ArizonaRegionalMLS
Listed 2009-05-27
$129,000
ArizonaRegionalMLS
Sold 2006-06-16
$379,900
Public Record
Sold 2005-03-14
$320,000
Public Record
Sold 2004-08-31
$265,000
Public Record
Sold 2004-01-30
$212,250
Public Record
Sold 2001-10-30
$186,000
Public Record
Sold 1997-11-07
$1,400,000
Public Record
Sold 1987-06-05
$1,100,000
Public Record
Sold 1984-09-17
$905,000
Public Record
Building Exterior Type: Siding, Painted, Block
Construction Materials: Siding, Painted, Block
Property Age: 61
Roof: Foam
Water Source: City Franchise
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.