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$264,900
Laveen, AZ 85339
MLS# 5468225
Status: Closed
1 / 28
Property Description
Looking for your own island in the heart of Laveen. Views of South Mountain. Great location with public bus line on 27th and Baseline.This income producing property is priced to sell. Drive by only. Do not disturb tenants. TOTAL PROPERTY IS IRRIGATED.
Details
Maps
Contract Info
Current Price: $240,000
Sold Price: $240,000
Status: Closed
List Date: 2016-07-08
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: S33
House Number: 9642
Compass: S
Street Name: 27TH
St Suffix: Avenue
City/Town Code: Laveen
State/Province: AZ
Zip Code: 85339
Zip4: 7716
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LAS LOMAS MCR 19/37 LOT 13
Subdivision: LAS LOMAS
Assessor's Map #: 79
Assessor's Parcel #: 17
Assessor Parcel Ltr: C
Add'l Parcels: No
Assessor Number: 300-79-017-C
Legal: LAS LOMAS MCR 19/37 LOT 13
Census Tract: 116612
Tax Municipality: Maricopa - COUNTY
Tax District: mar
Taxes: 3259
Tax Year: 2015
Marketing Name: Laveen Bungalows
General Property Description
Lot Size Dimensions: 215x215
Year Built: 1946
Uncvrd Parking Spcs: 6
Total # of Units: 7
# of Buildings: 9
Zoning: R-43
Elementary School: Bernard Black Elementary School
Jr. High School: Bernard Black Elementary School
High School: Cesar E Chavez Community School
Elementary School District: Laveen Elementary District
High School District: Phoenix Union High School District
Remarks & Misc
Cross Street: 27th Ave & Dobbins
Directions: Baseline Rd West until 27th Ave. On 27th Ave turn South, property located on West side.
Geo Lat: 33.357996
Geo Lon: -112.118096
Status Change Info
Status Change Date: 2016-09-13
Off Market Date: 2016-09-01
Under Contract Date: 2016-08-31
Close of Escrow Date: 2016-09-12
Sold Price: $240,000
Legal Info
Township: 1S
Range: 2E
Section: 11
Lot Number: 13
Income & Expenses
Annual Elec Exp: 684
Annual Ins Exp: 3775
Annual Landscape Exp: 108
Annual Maint Exp: 4478
Annual Mgmt Exp: 3300
Annual Trash Exp: 1260
Annual Wtr/Swr Exp: 3000
Owner Association: No
Annual Rplcmnt Rsrvs: 1000
Operating Exp: 20864
Gross Annual Sch Inc: 56356
Adjusted Gross Inc: 56356
Totl Mnth Rntal Inc: 4688
Net Operating Income: 33892
Pmt & Rate Info
Cap Rate: 12.79
Equity: 264900
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 550
Avg SqFt: 550
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 5
Avg Rent: 788
Avg SqFt: 624883
# Baths: 1
Contact Info
List Agent Home Phn: 602-841-8513
Sold Info
Loan Type: Cash
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: %
Property Features
Project Type: 5 - 12 Units
Construction: Block; Frame - Wood; Frame - Metal
Const - Finish: Painted
Roofing: Comp Shingle; Metal
Floors: Concrete; Wood; Ceramic Tile; Carpet
Sale Includes: Building(s) Only; Laundry Equipment; Other (See Remarks)
Community Amenities: No Pool
Exterior Amenities: Green Landscaping; Partially Fenced; RV/Boat Parking; Pet Restrictions; Separate Storage; Security Light(s)
Interior Amenities: Unfurnished; Fire/Smoke Alarm(s); Vertical Blinds; Drapes
Appliances Included: F/S Oven/Range; Refrigerator; W/D Hookup; Other (See Remarks)
Heating: Heat Pump; Window/Wall Unit(s)
Cooling: Ceiling Fan(s); Window/Wall Unit; Evaporative Cooling
Water: City Franchise
Sewer: Septic Tank
Electric: SRP
Gas: None
Parking: Carport; <1 Space Per Unit; Add'l Parking Avail; RV/Boat Parking; Other (See Remarks)
Roads/Streets: Gravel; Dirt; Private Street; Concrete; Sidewalk(s)
Owner Pays: Water; Trash Collection
Tenant Pays: Electric; Landscaping
Source of Fincl Data: Provided by Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: No Carry
Reports/Disclosures: None
Environmental: None
Listing Office: Schwartz Realty Group
Last Updated: February - 18 - 2023
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