16645 N 31st Street, Phoenix, AZ 85032
$3,150,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$3,150,000
Last Modified:
9/01/2016
Listing Details MLS# 5412966
Location, Tax & Legal
- Map Code/Grid
- L35
- House Number
- 16645
- Compass
- N
- Street Name
- 31st
- St Suffix
- Street
- City/Town Code
- Phoenix
- State/Province
- AZ
- Zip Code
- 85032
- Country
- US
- County Code
- Maricopa
- Assessor Number
- 214-31-009
- Tax Year
- 2015
- Assessor's Map #
- 31
- Assessor's Parcel #
- 9
- Add'l Parcels
- No
- Tax Municipality
- Maricopa - COUNTY
- Taxes
- 14936
- Legal
- No
- Marketing Name
- Paradise Place
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 94090
- Year Built
- 1985
- Uncvrd Parking Spcs
- 25
- Total # of Units
- 57
- # of Buildings
- 4
- Zoning
- R-4
- Elementary School District
- Paradise Valley Unified District
- High School District
- Paradise Valley Unified District
Status Change Info
- Off Market Date
- 2016-09-01
- Under Contract Date
- 2016-06-22
- Close of Escrow Date
- 2016-08-31
Legal Info
- Lot Number
- 9
More Information
Income Expenses
- Net Operating Income
- 218248
1 Bedroom Units
- # 1 Bedroom Units
- 17
- Avg Rent
- 550
- Avg SqFt
- 560
- # Baths
- Yes
2 Bedroom Units
- # 2 Bedroom Units
- 40
- Avg Rent
- 650
- Avg SqFt
- 720
- # Baths
- Yes
Contact Info
- List Agent Home Phn
- 602-735-5634
Sold Info
- Loan Type
- Cash
- Payment Type
- Fixed
- Closing Cost Split
- Normal - N
- Buyer Concession $/%
- $
- Seller Concession $/%
- $
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Project Type
- 51 - 99 Units
- Yes
Construction
- Slump Block
- Yes
Const - Finish
- Painted
- Yes
Roofing
- Composition
- Yes
Floors
- Vinyl
- Yes
- Wood
- Yes
Sale Includes
- Land & Building
- Yes
Income & Expenses
- Annual Elec Exp
- 0
- Annual Gas Exp
- 0
- Annual Ins Exp
- 0
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 0
- Annual Legal & Acctg
- 0
- Annual Maint Exp
- 0
- Annual Mgmt Exp
- 0
- Annual Trash Exp
- 0
- Annual Wtr/Swr Exp
- 0
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 0
- Other Income
- 420995
- Vacancy Allowance
- 0.04
- Adjusted Gross Inc
- 404155.2
Pmt & Rate Info
- Cap Rate
- 6.93
- Down Payment
- 0
- Equity
- 3150000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
- Assessment Balance
- 0
Community Features
- Pool
- Yes
- Play Area
- Yes
- Barbecue
- Yes
Heating
- Individual
- Yes
Cooling
- Individual
- Yes
Exterior Amenities
- Desert Landscaping
- Yes
- Patio/Balcony
- Yes
Interior Features
- Vertical Blinds
- Yes
Tenant Pays
- Electricity
- Yes
Appliances Included
- Microwave
- Yes
- Refrigerator
- Yes
- Free-Standing Range
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Owner
- Yes
Water Source
- City Franchise
- Yes
- Master Meter
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Carport
- Yes
- Paved
- Yes
Electric
- Individual Meter
- Yes
Gas
- Master Meter
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Gas
- Yes
New Financing
- Conventional
- Yes
Existing 1st Loan
- Conventional
- 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
- None
- 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:
51 - 99 Units
Construction:
Slump Block
Const - Finish:
Painted
Roofing:
Composition
Floors:
Vinyl; Wood
Sale Includes:
Land & Building
Community Features:
Pool; Play Area; Barbecue
Exterior Amenities:
Desert Landscaping; Patio/Balcony
Interior Features:
Vertical Blinds
Appliances Included:
Free-Standing Range; Refrigerator; Microwave
Heating:
Individual
Cooling:
Individual
Water Source:
City Franchise; Master Meter
Sewer:
Sewer - Public
Electric:
Individual Meter
Gas:
Master Meter
Parking Features:
Carport; Paved
Road Surface Type:
Asphalt
Owner Pays:
Water; Gas
Tenant Pays:
Electricity
Source of Fincl Data:
Owner
Existing 1st Loan:
Conventional
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
Environmental:
None
Listing Office:
CBRE, Inc
Last Updated: September - 01 - 2016
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