302 W MEDLOCK Drive, Phoenix, AZ 85013
$1,800,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$1,800,000
Last Modified:
5/10/2019
Overview
Description
Listing Details MLS# 5884687
Location, Tax & Legal
- Map Code/Grid
- N34
- House Number
- 302
- Compass
- W
- Street Name
- MEDLOCK
- St Suffix
- Drive
- City/Town Code
- Phoenix
- State/Province
- AZ
- Zip Code
- 85013
- Zip4
- 2380
- Country
- US
- County Code
- Maricopa
- Subdivision
- BECKER ADD TO ORANGEWOOD
- Assessor Number
- 162-26-028
- Tax Year
- 2018
- Assessor's Map #
- 26
- Legal Description (Abbrev)
- LOT 9 BECKER ADD TO ORANGEWOOD MCR 007204
- Assessor's Parcel #
- 28
- Add'l Parcels
- No
- Tax Municipality
- Maricopa - COUNTY
- Census Tract
- 107500
- Taxes
- 4975
- Legal
- LOT 9 BECKER ADD TO ORANGEWOOD MCR 007204
- Marketing Name
- Rose Crest
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 18717
- Year Built
- 1960
- Uncvrd Parking Spcs
- 11
- Total # of Units
- 15
- # of Buildings
- 4
- Zoning
- Comm
- Elementary School District
- Madison Elementary District
- High School District
- Phoenix Union High School District
- Elementary School
- Solano School
- Jr. High School
- Osborn Middle School
- High School
- Central High School
Remarks Misc
- Cross Street
- 3rd Ave and Camelback
- Directions
- West on Camelback to 3rd Ave North on 3rd Ave. Property is on NW corner of 3rd Ave and Medlock.
Status Change Info
- Off Market Date
- 2019-05-10
- Under Contract Date
- 2019-04-25
- Close of Escrow Date
- 2019-05-10
Legal Info
- Township
- 2N
- Range
- 3E
- Section
- 17
- Lot Number
- 9
More Information
Income Expenses
- Gross Annual Sch Inc
- 150000
- Net Operating Income
- 133256
1 Bedroom Units
- # 1 Bedroom Units
- 13
- Avg Rent
- 750
- Avg SqFt
- 13
- # Baths
- Yes
2 Bedroom Units
- # 2 Bedroom Units
- 2
- Avg Rent
- 997
- Avg SqFt
- 2
- # Baths
- 2
Contact Info
- List Agent Home Phn
- 623-628-6866
Sold Info
- Loan Type
- Conventional
- Loan Years
- 30
- Payment Type
- Fixed
- Closing Cost Split
- Buyer - B
- Buyer Concession $/%
- $
- Seller Concession $/%
- $
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Project Type
- 5 - 12 Units
- Yes
- 13 - 24 Units
- Yes
Construction
- Block
- Yes
Const - Finish
- Painted
- Yes
Roofing
- Composition
- Yes
Floors
- Vinyl
- Yes
- Ceramic Tile
- Yes
Sale Includes
- Land & Building
- Yes
Income & Expenses
- Annual Elec Exp
- 914.5
- Annual Gas Exp
- 1226
- Annual Ins Exp
- 1990
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 2400
- Annual Legal & Acctg
- 0
- Annual Maint Exp
- 3000
- Annual Mgmt Exp
- 0
- Annual Trash Exp
- 1300
- Annual Wtr/Swr Exp
- 5913
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 0
- Operating Exp
- 21718.5
- Other Income
- 1200
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 151200
- Total Monthly Rental Income
- 12500
Pmt & Rate Info
- Cap Rate
- 7.4
- Down Payment
- 0
- Equity
- 1800000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
- Assessment Balance
- 0
Community Features
- No Pool
- Yes
Heating
- Electric
- Yes
Cooling
- Central Air
- Yes
- Electric
- Yes
- Window/Wall Unit
- Yes
Exterior Amenities
- Separate Storage
- Yes
Tenant Pays
- Gas
- Yes
- Electricity
- Yes
- Cable TV
- Yes
Appliances Included
- Refrigerator
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Owner
- Yes
Water Source
- Master Meter
- Yes
Sewer
- Sewer - Private
- Yes
Parking Features
- Carport
- Yes
- On Street
- Yes
- 1 Space/Unit
- Yes
Electric
- APS
- Yes
Gas
- SW Gas
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
New Financing
- Cash to Loan
- Yes
- Owner May Carry
- Yes
- 1031 Exchange
- Yes
Existing 1st Loan
- Conventional
- Yes
Existing 1st Loan Type
- Fixed
- 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
- Other (See Remarks)
- 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:
5 - 12 Units; 13 - 24 Units
Construction:
Block
Const - Finish:
Painted
Roofing:
Composition
Floors:
Vinyl; Ceramic Tile
Sale Includes:
Land & Building
Community Features:
No Pool
Exterior Amenities:
Separate Storage
Appliances Included:
Refrigerator
Cooling:
Electric; Window/Wall Unit; Central Air
Water Source:
Master Meter
Sewer:
Sewer - Private
Electric:
APS
Gas:
SW Gas
Parking Features:
Carport; On Street; 1 Space/Unit
Road Surface Type:
Asphalt
Owner Pays:
Water; Trash Collection
Tenant Pays:
Electricity; Gas; Cable TV
Source of Fincl Data:
Owner
Existing 1st Loan:
Conventional
Existing 1st Loan Type:
Fixed
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:
Other (See Remarks)
Existing 3rd Loan Type:
Not Applicable
Existing 3rd Loan Terms:
Not Applicable
Existing Othr Ln Trm:
Not Applicable
New Financing:
Cash to Loan; Owner May Carry; 1031 Exchange
Environmental:
None
Listing Office:
West USA Realty
Last Updated: May - 10 - 2019
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