111 W Missouri Avenue, Phoenix, AZ 85013

$2,275,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $2,275,000 Last Modified: 9/30/2024

Overview

Description

NEVER Occupied, seven luxury town homes with travertine flooring, wrought iron accents and railings, gas cook tops, granite counters, ten foot interior walls, deep two car garages for each unit, nine foot entry doors with massive canterra entrance, plentiful storage, crown molding and baseboards throughout. This is a gated community with low cost exterior maitenance.

Listing Details MLS# 4721382

Location, Tax & Legal

Map Code/Grid
N34
House Number
111
Compass
W
Street Name
Missouri
St Suffix
Avenue
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85013
Country
US
County Code
Maricopa
Subdivision
Missouri Palms Conominiums
Assessor Number
162-25-363
Tax Year
2011
Assessor's Map #
25
Assessor's Parcel #
363
Add'l Parcels
Yes
Tax Municipality
Phoenix
Taxes
21300
Legal
MISSOURI PALMS CONDOMINIUM MCR 664-20 Unit A, Unit B, Unit C, Unit D, Unit E, Unit F, Unit G
Marketing Name
Missouri Palms

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
Unit A 30X53, All others
Year Built
2007
Uncvrd Parking Spcs
6
Total # of Units
7
# of Buildings
4
Zoning
Residential
Elementary School District
Madison Elementary District
High School District
Phoenix Union High School District
Elementary School
Madison Richard Simis School
High School
Central High School

Remarks Misc

Cross Street
Central and Missouri Avenue
Directions
West on Missouri to property, located on south side of Missouri.

Status Change Info

Off Market Date
2012-05-11
Under Contract Date
2012-04-30
Close of Escrow Date
2012-06-12

Legal Info

Township
2N
Range
3E
Section
17
Lot Number
B,C,D,E,F,G

More Information

Income Expenses

Net Operating Income
4902

3 Bedrooms Units

# 3 Bedroom Units
Yes
Avg SqFt
2506
# Baths
4
Avg Rent
0

4 Bedrooms Units

# 4 Bedroom Units
6
Avg SqFt
3395
# Baths
45
Avg Rent
0

Contact Info

List Agent Home Phn
602-418-3602

Sold Info

Loan Type
Conventional
Loan Years
5
Payment Type
Fixed
Closing Cost Split
Normal - N
Buyer Concession $/%
%
Seller Concession $/%
%
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Project Type

5 - 12 Units
Yes

Other Type

Packaged Offering
Yes

Construction

Wood Frame
Yes

Const - Finish

Stucco
Yes
Stone
Yes

Roofing

Tile
Yes

Floors

Carpet
Yes
Other
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Annual Elec Exp
433
Annual Gas Exp
0
Annual Ins Exp
5412
Annual Land Lse Exp
0
Annual Landscape Exp
7770
Annual Legal & Acctg
300
Annual Maint Exp
240
Annual Mgmt Exp
2475
Annual Trash Exp
2148
Annual Wtr/Swr Exp
3178
Owner Association
Yes
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Annual Other Expense
0
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
0

Pmt & Rate Info

Cap Rate
0.2
Down Payment
2400000
Equity
2400000
1st Encumbrance
0
Down Payment %
100
Monthly Payments
0
Total Owed
0
Assessment Balance
0

Community Features

No Pool
Yes

Heating

Heat Pump
Yes
Electric
Yes
Individual
Yes

Cooling

Ceiling Fan(s)
Yes
Electric
Yes
Individual
Yes

Exterior Amenities

Landscape Water System
Yes
Green Landscaping
Yes
Fenced
Yes
Cable TV Available
Yes
Patio/Balcony
Yes
Separate Storage
Yes
Security Light(s)
Yes
Other (See Remarks)
Yes

Interior Features

Unfurnished
Yes
Fire/Smoke Alarm(s)
Yes
Security Alarm(s)
Yes
Shutters
Yes

Tenant Pays

Gas
Yes
Electricity
Yes
Cable TV
Yes

Appliances Included

Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Refrigerator
Yes
Built-In Range
Yes
W/D Hookup
Yes

Road Access Type

Private Road
Yes

Road Surface Type

Concrete
Yes

Source of Fincl Data

Accountant
Yes

Water Source

City Franchise
Yes
Master Meter
Yes

Sewer

Sewer - Public
Yes
Sewer-In & Connected
Yes

Parking Features

Garage
Yes
>1 Space Per Unit
Yes
Paved
Yes
Garage Door Opener
Yes
Add'l Parking Avail
Yes

Electric

APS
Yes
Individual Meter
Yes

Gas

SW Gas
Yes
Individual Meter
Yes

Owner Pays

Water
Yes
Landscaping
Yes

New Financing

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

Other (See Remarks)
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

2 Bedroom Units

Avg Rent
0

Property Features

Project Type: 5 - 12 Units Other Type: Packaged Offering Construction: Wood Frame Const - Finish: Stucco; Stone Roofing: Tile Floors: Carpet; Other Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Landscape Water System; Green Landscaping; Fenced; Cable TV Available; Patio/Balcony; Separate Storage; Security Light(s); Other (See Remarks) Interior Features: Unfurnished; Fire/Smoke Alarm(s); Security Alarm(s); Shutters Appliances Included: Built-In Range; Refrigerator; Dishwasher; Disposal; Microwave; W/D Hookup Heating: Individual; Heat Pump Cooling: Ceiling Fan(s); Electric; Individual Water Source: City Franchise; Master Meter Sewer: Sewer - Public; Sewer-In & Connected Electric: APS; Individual Meter Gas: SW Gas; Individual Meter Parking Features: Garage; >1 Space Per Unit; Garage Door Opener; Add'l Parking Avail; Paved Road Access Type: Private Road Road Surface Type: Concrete Owner Pays: Water; Landscaping Tenant Pays: Electricity; Gas; Cable TV Source of Fincl Data: Accountant 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: No Carry Environmental: None
IDX
Listing Office: Coldwell Banker Realty
Last Updated: September - 30 - 2024
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