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4422 N 14TH Street 1-10, Phoenix, AZ 85014

$4,800,000
Property Type: Multiple Dwellings Bedrooms: 30 Baths: 30 Status: Closed
Current Price: $4,800,000 Last Modified: 2/03/2024

Description

Upgraded Newer construction townhomes in a convenient Central Phoenix location! High end finishes throughout this wonderful open floorplan !Large kitchen with quartz countertops, stainless steel appliances and lots of cabinets! Large sliding door leads to the backyard patio area! Huge primary bedroom with sitting area and balcony. Gorgeous primary bath with large shower & quartz counters counters. The additional bedrooms are good sized and feature a large hall bath . Upgraded wood tile throughout plus an extra half bath! Nice size two car garage! Units are separately parceled which is great for favorable financing.

More Information MLS# 6593843

Contract Info

Ownership: Fee Simple Current Price: $4,800,000 Sold Price: $4,800,000 Status: Closed List Date: 2023-08-16

Location, Tax & Legal

Unit #: 1-10 Assessor's Map #: 8 Legal Description (Abbrev): LOT 9 14TH STREET RESIDENCES MCR 151930 Assessor's Parcel #: 194 Add'l Parcels: Yes Tax Municipality: Phoenix Census Tract: 108602 Taxes: 33000 Legal: Lots 1-10 14TH STREET RESIDENCES Marketing Name: 14th street Residences House Number: 4422 Compass: N Street Name: 14TH St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85014 Country: US County Code: Maricopa Subdivision: 14TH STREET RESIDENCES Assessor Number: 155-08-194 Tax Year: 2022

General Property Description

# of Buildings: 4 Uncvrd Parking Spcs: 0 Lot Size Dimensions: unknown Flood Zone: No Total # of Units: 10 Elementary School District: Madison Elementary District High School District: Phoenix Union High School District Elementary School: Madison Camelview Elementary Jr. High School: Madison Park School High School: North High School Year Built: 2021 Zoning: R-3

Legal Info

Range: 3E Section: 21 Township: 2N Lot Number: 9

Project Type

5 - 12 Units: 1

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

# 3 Bedroom Units: 10 Avg Rent: 2595 Avg SqFt: 1809 # Baths: 3

4 Bedrooms Units

Avg Rent: 0

Structure

Bedrooms Total: 30 Bathrooms Total: 30

Construction

Wood Frame: 1

Const - Finish

Painted: 1 Stucco: 1

Roofing

Foam: 1

Floors

Ceramic Tile: 1

Sale Includes

Land & Building: 1

Income & Expenses

Annual Elec Exp: 500 Annual Ins Exp: 4848 Annual Landscape Exp: 4800 Annual Wtr/Swr Exp: 120 Owner Association: Yes Annual Ownr Asoc Fee: 0 Operating Exp: 43268 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 306000

Pmt & Rate Info

Cap Rate: 5.35 Equity: 4999900 Down Payment %: 0 Monthly Payments: 0 Total Owed: 0

Lockbox Type

None: 1

Community Features

No Pool: 1

Heating

Electric: 1

Cooling

Ceiling Fan(s): 1 Electric: 1

Exterior Amenities

Landscape Water System: 1 Security Light(s): 1

Tenant Pays

Water: 1 Sewer: 1 Electricity: 1 Trash Collection: 1 Cable TV: 1

Appliances Included

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

Road Surface Type

Asphalt: 1

Source of Fincl Data

Owner: 1

Water Source

Individual Meter: 1

Sewer

Sewer-In & Connected: 1

Parking Features

Garage: 1

Electric

APS: 1

Gas

None: 1

Owner Pays

Landscaping: 1

New Financing

Conventional: 1 1031 Exchange: 1

Reports/Disclosures

Other (See Remarks): 1

Environmental

None: 1

Sold Info

Loan Type: Cash 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: 16th and Campbell Directions: 16th street south to Campbell Avenue, Turn right west into Campbell Avenue. Turn left south on to 14th street to property on right (west) side of the Street. Geo Lat: 33.500642 Geo Lon: -112.05244

Status Change Info

Off Market Date: 2024-01-31 Under Contract Date: 2023-12-18 Close of Escrow Date: 2024-02-02 Sold Price: $4,800,000

Income Expenses

Gross Annual Sch Inc: 306000 Net Operating Income: 267508

Property Features

Project Type: 5 - 12 Units Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Foam Floors: Ceramic Tile Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Landscape Water System; Security Light(s) Appliances Included: Built-In Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Cooling: Ceiling Fan(s); Electric Water Source: Individual Meter Sewer: Sewer-In & Connected Electric: APS Gas: None Parking Features: Garage Road Surface Type: Asphalt Owner Pays: Landscaping Tenant Pays: Water; Sewer; Electricity; Trash Collection; Cable TV Source of Fincl Data: Owner Lockbox Type: None New Financing: Conventional; 1031 Exchange Environmental: None
Listing Office: Realty ONE Group
IDX
Office Phone: 480-315-1240
Office Email: [email protected]
Last Updated: February - 03 - 2024
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