3406 N 38TH Street, Phoenix, AZ 85018

$1,900,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $1,900,000 Last Modified: 12/06/2024

Overview

Description

Fully re-positioned garden style community located in desirable hi growth residential Central Phoenix. 15 large modernized units with private patios, in suite laundry, new kitchens, SS appliances including dishwasher, polished concrete floors all facing a courtyard with new pool and small gym. Gated community with covered parking. Great developing area!

Listing Details MLS# 5405616

Location, Tax & Legal

Map Code/Grid
P35
House Number
3406
Compass
N
Street Name
38TH
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85018
Zip4
5848
Country
US
County Code
Maricopa
Subdivision
NORTH CITRUS ACRES AMD
Assessor Number
127-24-018-B
Tax Year
2015
Assessor's Map #
24
Legal Description (Abbrev)
NORTH CITRUS ACRES AMD
Assessor's Parcel #
18
Assessor Parcel Ltr
B
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
110902
Taxes
6189
Legal
N CITRUS AC AMD MCR 43/47 LOT 173 N2 E 244F OF S 167.04F
Marketing Name
Estates at Arcadia

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
IRR
Year Built
1973
Uncvrd Parking Spcs
4
Total # of Units
15
# of Buildings
3
Zoning
R3
Elementary School District
Creighton Elementary District
High School District
Phoenix Union High School District
Elementary School
Monte Vista Elementary School
High School
Camelback High School

Remarks Misc

Cross Street
Indian School Rd. & 38th Street
Directions
From Indian School head South on 38th to the property. Property will be on the West side of the road.

Status Change Info

Off Market Date
2016-04-09
Under Contract Date
2016-03-09
Close of Escrow Date
2016-04-08

Legal Info

Township
2N
Range
3E
Section
25
Lot Number
173

More Information

Income Expenses

Net Operating Income
130000

1 Bedroom Units

# 1 Bedroom Units
4
Avg Rent
867
Avg SqFt
600
# Baths
Yes

2 Bedroom Units

# 2 Bedroom Units
10
Avg Rent
1050
Avg SqFt
900
# Baths
Yes

3 Bedrooms Units

# 3 Bedroom Units
Yes
Avg Rent
1275
Avg SqFt
1100
# Baths
2

Contact Info

List Agent Home Phn
480-248-8256

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

13 - 24 Units
Yes

Construction

Block
Yes

Const - Finish

Painted
Yes

Roofing

Rolled
Yes

Floors

Concrete
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
0
Vacancy Allowance
0
Adjusted Gross Inc
0

Pmt & Rate Info

Down Payment
0
Equity
1995000
Down Payment %
0
Monthly Payments
0
Total Owed
0
Assessment Balance
0

Community Features

Pool
Yes
Exercise Room
Yes
Barbecue
Yes

Heating

Heat Pump
Yes

Cooling

Electric
Yes

Exterior Amenities

Desert Landscaping
Yes
Fenced
Yes
Patio/Balcony
Yes
Security Light(s)
Yes

Interior Features

Unfurnished
Yes
Vertical Blinds
Yes
Mini Blinds
Yes

Tenant Pays

Electricity
Yes

Appliances Included

Dishwasher
Yes
Microwave
Yes
Refrigerator
Yes
Free-Standing Range
Yes
Washer/Dryer
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

>1 Space Per Unit
Yes

Electric

APS
Yes
Individual Meter
Yes

Gas

SW Gas
Yes

Owner Pays

Water
Yes
Sewer
Yes
Gas
Yes
Trash Collection
Yes

New Financing

Conventional
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

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: 13 - 24 Units Construction: Block Const - Finish: Painted Roofing: Rolled Floors: Concrete Sale Includes: Land & Building Community Features: Pool; Exercise Room; Barbecue Exterior Amenities: Desert Landscaping; Fenced; Patio/Balcony; Security Light(s) Interior Features: Unfurnished; Vertical Blinds; Mini Blinds Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Microwave; Washer/Dryer Heating: Heat Pump Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: APS; Individual Meter Gas: SW Gas Parking Features: >1 Space Per Unit Road Surface Type: Asphalt Owner Pays: Water; Gas; Trash Collection Tenant Pays: Electricity Source of Fincl Data: Owner 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 Environmental: None
IDX
Listing Office: Arizona Investment & Mgt, LLC
Last Updated: December - 06 - 2024
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