114 E MARIPOSA Street, Phoenix, AZ 85012
$2,025,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$2,025,000
List Date:
1/28/2019
Last Modified:
1/23/2025
Overview
Description
Supplements:
Listing Details MLS# 5874240
Location, Tax & Legal
- Map Code/Grid
- P34
- House Number
- 114
- Compass
- E
- Street Name
- MARIPOSA
- St Suffix
- Street
- City/Town Code
- Phoenix
- State/Province
- AZ
- Zip Code
- 85012
- Zip4
- 1645
- Country
- US
- County Code
- Maricopa
- Subdivision
- ST FRANCIS PLACE
- Assessor Number
- 155-27-018
- Tax Year
- 2018
- Assessor's Map #
- 27
- Legal Description (Abbrev)
- LOT 12 ST FRANCIS PLACE MCR 002447
- Assessor's Parcel #
- 18
- Add'l Parcels
- No
- Tax Municipality
- Phoenix
- Census Tract
- 108802
- Taxes
- 3479
- Legal
- LOT 12 ST FRANCIS PLACE MCR 002447
- Marketing Name
- Mariposa Palms
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 19,950 sf
- Year Built
- 1951
- Uncvrd Parking Spcs
- 10
- Total # of Units
- 10
- # of Buildings
- Yes
- Zoning
- R-3
- Elementary School District
- Madison Elementary District
- High School District
- Phoenix Union High School District
- Elementary School
- Madison #1 Middle School
- Jr. High School
- Madison Meadows School
- High School
- Central High School
Remarks Misc
- Cross Street
- Central Ave & Camelback Road
- Directions
- Camelback to 3rd Street, South on 3rd Street, West on Mariposa
Status Change Info
- Off Market Date
- 2019-06-25
- Under Contract Date
- 2019-04-26
- Close of Escrow Date
- 2019-06-24
Legal Info
- Township
- 2N
- Range
- 3E
- Section
- 20
- Lot Number
- 12
More Information
Income Expenses
- Gross Annual Sch Inc
- 150000
- Net Operating Income
- 127771
1 Bedroom Units
- # 1 Bedroom Units
- 2
- Avg Rent
- 896.5
- Avg SqFt
- 650
- # Baths
- Yes
2 Bedroom Units
- # 2 Bedroom Units
- 8
- Avg Rent
- 1174.5
- Avg SqFt
- 825
- # Baths
- Yes
Sold Info
- Loan Type
- Cash
- Payment Type
- Other
- 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
Construction
- Brick
- Yes
- Slump Block
- Yes
Const - Finish
- Painted
- Yes
Roofing
- Tile
- Yes
Floors
- Other
- Yes
Sale Includes
- Land & Building
- Yes
- Laundry Equipment
- Yes
Income & Expenses
- Annual Elec Exp
- 580
- Annual Gas Exp
- 0
- Annual Ins Exp
- 2200
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 1800
- Annual Legal & Acctg
- 1500
- Annual Maint Exp
- 2500
- Annual Mgmt Exp
- 7800
- Annual Trash Exp
- 2070
- Annual Wtr/Swr Exp
- 6000
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 0
- Operating Exp
- 27929
- Other Income
- 10200
- Vacancy Allowance
- 0.03
- Adjusted Gross Inc
- 155394
- Total Monthly Rental Income
- 12975
Pmt & Rate Info
- Cap Rate
- 5.96
- Down Payment
- 0
- Equity
- 2145000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
- Assessment Balance
- 0
Community Features
- No Pool
- Yes
Heating
- Heat Pump
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Electric
- Yes
- Individual
- Yes
Exterior Amenities
- Landscape Water System
- Yes
- Green Landscaping
- Yes
- Partially Fenced
- Yes
- Patio/Balcony
- Yes
- Separate Storage
- Yes
Interior Features
- Unfurnished
- Yes
- Fire/Smoke Alarm(s)
- Yes
- Mini Blinds
- Yes
Tenant Pays
- Electricity
- Yes
- Cable TV
- Yes
Appliances Included
- Refrigerator
- Yes
- Free-Standing Range
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Owner
- Yes
- Projected Proforma
- Yes
Water Source
- City Franchise
- Yes
- Master Meter
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- 1 Space/Unit
- Yes
- Assigned
- Yes
Electric
- APS
- Yes
Gas
- None
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
- Landscaping
- Yes
New Financing
- Conventional
- Yes
- No Carry
- Yes
- 1031 Exchange
- 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
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- None
- Yes
Existing Othr Ln Trm
- Not Applicable
- Yes
Efficiency Units
- Avg Rent
- 0
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
5 - 12 Units
Construction:
Brick; Slump Block
Const - Finish:
Painted
Roofing:
Tile
Floors:
Other
Sale Includes:
Land & Building; Laundry Equipment
Community Features:
No Pool
Exterior Amenities:
Landscape Water System; Green Landscaping; Partially Fenced; Patio/Balcony; Separate Storage
Interior Features:
Unfurnished; Fire/Smoke Alarm(s); Mini Blinds
Appliances Included:
Free-Standing Range; Refrigerator
Heating:
Heat Pump
Cooling:
Ceiling Fan(s); Electric; Individual
Water Source:
City Franchise; Master Meter
Sewer:
Sewer - Public
Electric:
APS
Gas:
None
Parking Features:
1 Space/Unit; Assigned
Road Surface Type:
Asphalt
Owner Pays:
Water; Trash Collection; Landscaping
Tenant Pays:
Electricity; Cable TV
Source of Fincl Data:
Owner; Projected Proforma
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:
Conventional; No Carry; 1031 Exchange
Environmental:
None
Listing Office:
Keller Williams Arizona Realty
Last Updated: January - 23 - 2025
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