4313 N 19TH Avenue OFC, Phoenix, AZ 85015 (MLS# 6155885)

Contract Info

Ownership: Fee Simple Current Price: $4,500,000 Sold Price: $4,500,000 Status: Closed List Date: 2020-11-03

Location, Tax & Legal

Unit #: OFC Assessor's Map #: 51 Legal Description (Abbrev): LOT 1 CENTRE ARMS MCR 026519 Assessor's Parcel #: 71 Add'l Parcels: No Tax Municipality: Phoenix Census Tract: 108902 Taxes: 10571 Legal: LOT 1 CENTRE ARMS MCR 026519 Marketing Name: Contempo 19 Map Code/Grid: P34 House Number: 4313 Compass: N Street Name: 19TH St Suffix: Avenue City/Town Code: Phoenix State/Province: AZ Zip Code: 85015 Zip4: 4695 Country: US County Code: Maricopa Subdivision: CENTRE ARMS LOT 1 Assessor Number: 155-51-071 Tax Year: 2020

General Property Description

# of Buildings: 2 Uncvrd Parking Spcs: 26 Lot Size Dimensions: - Total # of Units: 41 Elementary School District: Osborn Elementary District High School District: Phoenix Union High School District Year Built: 1985 Zoning: r5

Legal Info

Range: 3E Section: 19 Township: 2N Lot Number: 1

Project Type

25 - 50 Units: 1

Construction

Other: 1

Const - Finish

Other (See Remarks): 1

Roofing

Other: 1

Floors

Other: 1

Sale Includes

Other (See Remarks): 1

Income & Expenses

Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 10571 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 155523

Pmt & Rate Info

Cap Rate: 3.99 Equity: 3900000 Down Payment %: 66 Monthly Payments: 8150 Total Owed: 0

Showing Notification Methods

Phone Call: 1

Lockbox Type

None: 1

Community Features

Pool: 1 Barbecue: 1

Heating

Other: 1 See Remarks: 1

Cooling

Other: 1 See Remarks: 1

Interior Features

Unfurnished: 1 Other (See Remarks): 1

Tenant Pays

Other (See Remarks): 1

Appliances Included

Dishwasher: 1 Disposal: 1 Refrigerator: 1 Built-In Range: 1 Washer/Dryer: 1

Road Surface Type

Asphalt: 1

Source of Fincl Data

Owner: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Parking Features

>1 Space Per Unit: 1

Electric

None: 1

Gas

Other (See Remarks): 1

Owner Pays

Other: 1

New Financing

Other (See Remarks): 1

Existing 1st Loan

Other (See Rmks): 1

Existing 1st Loan Terms

Assume - Qualify: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Efficiency Units

Avg Rent: 0

1 Bedroom Units

# 1 Bedroom Units: 41 Avg Rent: 824 Avg SqFt: 559 # Baths: 1

2 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Sold Info

Loan Type: Conventional Loan Years: 15 Closing Cost Split: Normal - N Payment Type: Fixed Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: 19th Ave and Turney Ave Geo Lat: 33.500264 Geo Lon: -112.099203

Status Change Info

Off Market Date: 2021-02-25 Under Contract Date: 2021-02-25 Close of Escrow Date: 2021-05-21 Sold Price: $4,500,000

Income Expenses

Gross Annual Sch Inc: 155523 Net Operating Income: 155523

Property Features

Project Type: 25 - 50 Units Construction: Other Const - Finish: Other (See Remarks) Roofing: Other Floors: Other Sale Includes: Other (See Remarks) Community Features: Pool; Barbecue Interior Features: Unfurnished; Other (See Remarks) Appliances Included: Built-In Range; Refrigerator; Dishwasher; Disposal; Washer/Dryer Heating: Other; See Remarks Cooling: Other; See Remarks Water Source: City Franchise Sewer: Sewer - Public Electric: None Gas: Other (See Remarks) Parking Features: >1 Space Per Unit Road Surface Type: Asphalt Owner Pays: Other Tenant Pays: Other (See Remarks) Source of Fincl Data: Owner Showing Notification Methods: Phone Call Lockbox Type: None Existing 1st Loan: Other (See Rmks) Existing 1st Loan Terms: Assume - Qualify New Financing: Other (See Remarks) Environmental: None