312 S HARDY Drive 102, Tempe, AZ 85281
$1,000,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$1,000,000
Last Modified:
7/31/2018
Description
This listing is for 312 S Hardy units 102-107. Each of the 6 units in this listings are approximately 1,415 SF to 1,734 SF with 2 bedrooms / 2.5 baths and each have a 2 car garage. Currently all 6 units are leased with good tenants.
More Information MLS# 4859608
Contract Info
Ownership: Fee Simple
Current Price: $1,000,000
Sold Price: $1,000,000
Status: Closed
List Date: 2012-12-06
Location, Tax & Legal
Unit #: 102
Assessor's Map #: 29
Legal Description (Abbrev): ARIZONA CONDOMINIUMS
Assessor's Parcel #: 353
Add'l Parcels: Yes
Tax Municipality: Tempe
Census Tract: 318800
Taxes: 13119
Legal: ARIZONA CONDOMINIUMS MCR 942-43 UNIT 101 (PLEASE NOTE: FOR LEGAL
Marketing Name: Arizona Condominiums
Map Code/Grid: R36
House Number: 312
Compass: S
Street Name: HARDY
St Suffix: Drive
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 2740
County Code: Maricopa
Subdivision: 312 Hardy
Assessor Number: 124-29-353
Tax Year: 2011
General Property Description
# of Buildings: 3
Uncvrd Parking Spcs: 3
Lot Size Dimensions: IRR
Total # of Units: 6
Elementary School District: Tempe Elementary School District
High School District: Tempe Union High School District
Year Built: 2008
Zoning: M-H
Legal Info
Range: 4E
Section: 16
Township: 1N
Lot Number: 102 - 107
Project Type
5 - 12 Units: 1
Other Type
Packaged Offering: 1
Other (See Remarks): 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Stone: 1
Roofing
Built-Up: 1
Metal: 1
Floors
Concrete: 1
Sealed: 1
Carpet: 1
Sale Includes
Laundry Equipment: 1
Income & Expenses
Annual Elec Exp: 450
Annual Gas Exp: 0
Annual Ins Exp: 945
Annual Land Lse Exp: 0
Annual Landscape Exp: 3210
Annual Legal & Acctg: 0
Annual Maint Exp: 15000
Annual Mgmt Exp: 4800
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 1880
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: 0.05
Total Monthly Rental Income: 8150
Pmt & Rate Info
Down Payment: 0
Equity: 1199000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0
Community Features
No Pool: 1
Barbecue: 1
Heating
Electric: 1
Cooling
Ceiling Fan(s): 1
Electric: 1
Individual: 1
Exterior Amenities
Landscape Water System: 1
Fenced: 1
Partially Fenced: 1
Pet Restrictions: 1
Interior Features
Fire/Smoke Alarm(s): 1
Fire Sprinklers: 1
Security Alarm(s): 1
Vertical Blinds: 1
Mini Blinds: 1
Breakfast Bar: 1
Tenant Pays
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
Washer/Dryer: 1
W/D Hookup: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Accountant: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Sewer-In & Connected: 1
Parking Features
Garage: 1
Free: 1
>1 Space Per Unit: 1
Attached: 1
Paved: 1
Add'l Parking Avail: 1
Electric
SRP: 1
Gas
None: 1
Owner Pays
Landscaping: 1
New Financing
Conventional: 1
1031 Exchange: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Other (See Remarks): 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Other (See Remarks): 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
Other (See Remarks): 1
Existing Othr Ln Trm
Not Applicable: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 6
Avg Rent: 1358
Avg SqFt: 1509
# Baths: 15
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: %
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: Hardy & Rio Salado
Directions: South on Hardy to 312 S Hardy on West side of road
Geo Lat: 33.426689
Geo Lon: -111.952699
Status Change Info
Off Market Date: 2013-02-12
Under Contract Date: 2013-01-17
Close of Escrow Date: 2013-02-22
Sold Price: $1,000,000
Income Expenses
Gross Annual Sch Inc: 97800
Property Features
Project Type: 5 - 12 Units
Other Type: Packaged Offering; Other (See Remarks)
Construction: Wood Frame
Const - Finish: Painted; Stucco; Stone
Roofing: Built-Up; Metal
Floors: Concrete; Sealed; Carpet
Sale Includes: Laundry Equipment
Community Features: No Pool; Barbecue
Exterior Amenities: Landscape Water System; Fenced; Partially Fenced; Pet Restrictions
Interior Features: Fire/Smoke Alarm(s); Fire Sprinklers; Security Alarm(s); Vertical Blinds; Mini Blinds; Breakfast Bar
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup
Cooling: Ceiling Fan(s); Electric; Individual
Water Source: City Franchise
Sewer: Sewer - Public; Sewer-In & Connected
Electric: SRP
Gas: None
Parking Features: Garage; >1 Space Per Unit; Attached; Add'l Parking Avail; Free; Paved
Road Surface Type: Asphalt
Owner Pays: Landscaping
Tenant Pays: Water; Sewer; Electricity; Trash Collection; 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: Other (See Remarks)
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: Conventional; 1031 Exchange
Environmental: Other (See Remarks)
Documents
Building plans and floor plans ›
Listing Office:
HomeSmart
Last Updated: July - 31 - 2018
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