1226-1234 E SPENCE Avenue, Tempe, AZ 85281
$1,575,000
Property Type:
Multiple Dwellings
Bedrooms:
24
Baths:
13
Status:
Closed
Current Price:
$1,575,000
Last Modified:
2/21/2019
Overview
Description
Listing Details MLS# 5809251
Location, Tax & Legal
- Map Code/Grid
- R37
- House Number
- 1226-1234
- Compass
- E
- Street Name
- SPENCE
- St Suffix
- Avenue
- City/Town Code
- Tempe
- State/Province
- AZ
- Zip Code
- 85281
- Zip4
- 5834
- Country
- US
- County Code
- Maricopa
- Subdivision
- ATTEBERY TRACT
- Assessor Number
- 133-09-007-A
- Tax Year
- 2017
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 153 x 189 approx.
- Year Built
- 1958
- Uncvrd Parking Spcs
- 10
- Total # of Units
- 13
- # of Buildings
- 3
- Zoning
- R-4/TODcorridor
- Elementary School District
- Tempe Elementary School District
- High School District
- Tempe Union High School District
- Elementary School
- Joseph P. Spracale Elementary School
- Jr. High School
- Connolly Middle School
- High School
- McClintock High School
Remarks Misc
- Cross Street
- Rural Road & Apache Blvd.
- Directions
- South on Rural Road to light at Spence Avenue. East on Spence Avenue to the property: 1226, 1230, & 1234 E Spence Ave.
Status Change Info
- Off Market Date
- 2018-12-01
- Under Contract Date
- 2018-10-22
- Close of Escrow Date
- 2019-02-21
Legal Info
- Township
- 1N
- Range
- 4E
- Section
- 23
- Lot Number
- 7,8,9
More Information
Efficiency Units
- # Efficiency Units
- Yes
- Avg Rent
- 400
- Avg SqFt
- 360
- # Baths
- Yes
1 Bedroom Units
- # 1 Bedroom Units
- Yes
- Avg Rent
- 800
- Avg SqFt
- 525
- # Baths
- Yes
2 Bedroom Units
- # 2 Bedroom Units
- 11
- Avg Rent
- 975
- Avg SqFt
- 576
- # Baths
- Yes
Structure
- Bedrooms Total
- 24
- Bathrooms Total
- 13
Income Expenses
- Gross Annual Sch Inc
- 146094
- Net Operating Income
- 102567
Contact Info
- List Agent Home Phn
- 602-317-5164
Sold Info
- Loan Type
- Cash
- Payment Type
- Fixed
- Closing Cost Split
- Buyer - B
- Buyer Concession to Seller
- 5000
- Buyer Concession $/%
- $
- Seller Concession $/%
- $
Property Features
Project Type:
13 - 24 Units
Other Type:
Packaged Offering
Construction:
Block
Const - Finish:
Painted
Roofing:
Composition; Built-Up
Floors:
Concrete; Ceramic Tile
Sale Includes:
Land & Building; Personal Property
Community Features:
No Pool; Barbecue
Exterior Amenities:
Landscape Water System; Green Landscaping; Desert Landscaping; Fenced; Cable TV Available; Patio/Balcony
Interior Features:
Unfurnished; Mini Blinds
Appliances Included:
Free-Standing Range; Refrigerator; Disposal
Heating:
Natural Gas; Heat Pump
Cooling:
Ceiling Fan(s); Heat Pump; Individual
Water Source:
City Franchise; Master Meter
Sewer:
Sewer - Public
Electric:
SRP; City Electric; Individual Meter
Gas:
SW Gas; Master Meter
Parking Features:
Carport; >1 Space Per Unit; Add'l Parking Avail; Free; Paved
Road Surface Type:
Asphalt
Owner Pays:
Water; Gas; Trash Collection; Landscaping
Tenant Pays:
Electricity
Source of Fincl Data:
Accountant; Projected Proforma; Books Shwn Accpt Ofr
Special:
Accept Backups (CLO)
Status Update:
Multiple Offers Recd
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:
Cash to Loan; Conventional; No Carry; 1031 Exchange
Environmental:
None
Listing Office:
HomeSmart
Office Phone: 602-230-7600
Office Email: rlarue@hsmove.com
Last Updated: February - 21 - 2019
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