1022 S Dorsey Lane, Tempe, AZ 85281
$665,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$665,000
Last Modified:
11/20/2019
Overview
Description
Listing Details MLS# 5947707
Location, Tax & Legal
- Map Code/Grid
- R37
- House Number
- 1022
- Compass
- S
- Street Name
- Dorsey
- St Suffix
- Lane
- City/Town Code
- Tempe
- State/Province
- AZ
- Zip Code
- 85281
- Country
- US
- County Code
- Maricopa
- Assessor Number
- 132-73-139
- Tax Year
- 2019
- Assessor's Map #
- 73
- Assessor's Parcel #
- 139
- Add'l Parcels
- No
- Tax Municipality
- Tempe
- Taxes
- 1697
- Legal
- Legal Description supplied by Title to govern
- Marketing Name
- Fourplex
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- irregular
- Year Built
- 1961
- Uncvrd Parking Spcs
- 6
- Total # of Units
- 4
- # of Buildings
- 2
- Zoning
- R-3
- Elementary School District
- Tempe Elementary School District
- High School District
- Tempe Union High School District
Remarks Misc
- Cross Street
- Dorsey and Apache
- Directions
- North on Dorsey Property is on the West side of the street
Status Change Info
- Off Market Date
- 2019-10-16
- Under Contract Date
- 2019-10-16
- Close of Escrow Date
- 2019-11-13
Legal Info
- Lot Number
- Yes
More Information
Income Expenses
- Gross Annual Sch Inc
- 42960
- Net Operating Income
- 32045.8
2 Bedroom Units
- # 2 Bedroom Units
- 2
- Avg Rent
- 895
- Avg SqFt
- 750
- # Baths
- Yes
Sold Info
- Loan Type
- Conventional
- Loan Years
- 30
- Payment Type
- Fixed
- Closing Cost Split
- Normal - N
- Buyer Concession $/%
- $
- Seller Concession $/%
- $
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Project Type
- Four Plex
- Yes
Construction
- Brick
- Yes
Const - Finish
- Painted
- Yes
- Other (See Remarks)
- Yes
Roofing
- Other
- Yes
Floors
- Other
- Yes
Sale Includes
- Land & Building
- Yes
- Personal Property
- Yes
Income & Expenses
- Annual Elec Exp
- 0
- Annual Gas Exp
- 0
- Annual Ins Exp
- 1600
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 600
- Annual Legal & Acctg
- 0
- Annual Maint Exp
- 1000
- Annual Mgmt Exp
- 2800
- Annual Trash Exp
- 0
- Annual Wtr/Swr Exp
- 2400
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 0
- Operating Exp
- 10097
- Other Income
- 0
- Vacancy Allowance
- 0.02
- Adjusted Gross Inc
- 42100.8
Pmt & Rate Info
- Cap Rate
- 4.65
- Down Payment
- 0
- Equity
- 689000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
- Assessment Balance
- 0
Showing Notification Methods
- Text
- Yes
- Yes
- Phone Call
- Yes
Lockbox Type
- None
- Yes
Community Features
- No Pool
- Yes
Heating
- Window/Wall Unit(s)
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Electric
- Yes
- Individual
- Yes
Exterior Amenities
- Sidewalk(s)
- Yes
Tenant Pays
- Electricity
- Yes
- Cable TV
- Yes
Appliances Included
- Refrigerator
- Yes
- Free-Standing Range
- Yes
Road Access Type
- Alley
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Owner
- Yes
Water Source
- City Franchise
- Yes
- Master Meter
- Yes
Sewer
- Sewer - Public
- Yes
- Sewer-In & Connected
- Yes
Parking Features
- Free
- Yes
- On Street
- Yes
- >1 Space Per Unit
- Yes
- Add'l Parking Avail
- Yes
Electric
- APS
- Yes
- Individual Meter
- Yes
Gas
- None
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
- Landscaping
- Yes
New Financing
- VA
- Yes
- Conventional
- Yes
- FHA
- Yes
- No Carry
- Yes
Existing 1st Loan
- Treat as Free&Clear
- Yes
Existing 1st Loan Type
- Not Applicable
- Yes
Existing 1st Loan Terms
- Not Applicable
- Yes
Existing 2nd Loan
- Treat as Free&Clear
- Yes
Existing 2nd Loan Type
- Not Applicable
- Yes
Existing 2nd Loan Terms
- Not Applicable
- Yes
Existing 3rd Loan
- Treat as Free&Clear
- Yes
Existing 3rd Loan Type
- Not Applicable
- Yes
Reports/Disclosures
- Seller Prop Disc Stm
- Yes
- APOD/Backup Avaible
- Yes
- Sch of Personal Prop
- Yes
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- None
- Yes
Existing Othr Ln Trm
- Not Applicable
- Yes
Efficiency Units
- Avg Rent
- 0
1 Bedroom Units
- Avg Rent
- 0
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
Four Plex
Construction:
Brick
Const - Finish:
Painted; Other (See Remarks)
Roofing:
Other
Floors:
Other
Sale Includes:
Land & Building; Personal Property
Community Features:
No Pool
Exterior Amenities:
Sidewalk(s)
Appliances Included:
Free-Standing Range; Refrigerator
Heating:
Window/Wall Unit(s)
Cooling:
Ceiling Fan(s); Electric; Individual
Water Source:
City Franchise; Master Meter
Sewer:
Sewer - Public; Sewer-In & Connected
Electric:
APS; Individual Meter
Gas:
None
Parking Features:
On Street; >1 Space Per Unit; Add'l Parking Avail; Free
Road Access Type:
Alley
Road Surface Type:
Asphalt
Owner Pays:
Water; Trash Collection; Landscaping
Tenant Pays:
Electricity; Cable TV
Source of Fincl Data:
Owner
Showing Notification Methods:
Text; Email; Phone Call
Lockbox Type:
None
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:
VA; FHA; Conventional; No Carry
Environmental:
None
Documents
Insurance Loss Run ›
Listing Office:
Gerchick Real Estate
Last Updated: November - 20 - 2019
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