3426 N 38TH Street 4, Phoenix, AZ 85018
$2,700,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$2,700,000
Last Modified:
3/24/2025
Overview
Description
Listing Details MLS# 6280531
Location, Tax & Legal
- Map Code/Grid
- P35
- House Number
- 3426
- Compass
- N
- Street Name
- 38TH
- St Suffix
- Street
- City/Town Code
- Phoenix
- State/Province
- AZ
- Zip Code
- 85018
- Zip4
- 5835
- Country
- US
- County Code
- Maricopa
- Subdivision
- SANDSTONE CONDOMINIUMS
- Assessor Number
- 127-24-091
- Tax Year
- 2020
- Unit #
- 4
- Assessor's Map #
- 24
- Legal Description (Abbrev)
- LOT 4 SANDSTONE CONDOMINIUMS MCR 021510
- Assessor's Parcel #
- 91
- Add'l Parcels
- Yes
- Tax Municipality
- Phoenix
- Census Tract
- 110902
- Taxes
- 327
- Legal
- LOT 4 SANDSTONE CONDOMINIUMS MCR 021510
- Marketing Name
- SANDSTONE CONDOMINIUMS
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- IRR
- Year Built
- 1960
- Uncvrd Parking Spcs
- 5
- Total # of Units
- 12
- # of Buildings
- 3
- Zoning
- R-3
- Elementary School District
- Creighton Elementary District
- High School District
- Phoenix Union High School District
Remarks Misc
- Cross Street
- 38th St & Indian School
- Directions
- South to Property
Status Change Info
- Off Market Date
- 2021-10-07
- Under Contract Date
- 2021-09-17
- Close of Escrow Date
- 2021-10-29
Legal Info
- Township
- 2N
- Range
- 3E
- Section
- 25
- Lot Number
- 4
More Information
Income Expenses
- Gross Annual Sch Inc
- 152400
- Net Operating Income
- 122728
1 Bedroom Units
- # 1 Bedroom Units
- 11
- Avg Rent
- 1099
- Avg SqFt
- 640
- # Baths
- Yes
2 Bedroom Units
- # 2 Bedroom Units
- Yes
- Avg Rent
- 1350
- Avg SqFt
- 1008
- # Baths
- Yes
Sold Info
- Loan Type
- Other
- Payment Type
- Other
- Closing Cost Split
- Normal - N
- Buyer Concession $/%
- $
- Seller Concession $/%
- $
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Project Type
- 5 - 12 Units
- Yes
Construction
- Block
- Yes
Const - Finish
- Painted
- Yes
Roofing
- Composition
- Yes
Floors
- Concrete
- Yes
- Ceramic Tile
- Yes
Sale Includes
- Land & Building
- Yes
Income & Expenses
- Annual Elec Exp
- 0
- Annual Gas Exp
- 0
- Annual Ins Exp
- 4451
- Annual Landscape Exp
- 3240
- Annual Maint Exp
- 7200
- Annual Wtr/Swr Exp
- 10063
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Operating Exp
- 25281
- Other Income
- 5573
- Vacancy Allowance
- 0.04
- Adjusted Gross Inc
- 151654.08
Pmt & Rate Info
- Cap Rate
- 4.13
- Equity
- 2975000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
Showing Notification Methods
- Yes
Lockbox Type
- None
- Yes
Community Features
- Pool
- Yes
Heating
- Natural Gas
- Yes
- Individual
- Yes
Cooling
- Electric
- Yes
- Individual
- Yes
Tenant Pays
- Gas
- Yes
- Water
- Yes
- Electricity
- Yes
Appliances Included
- Refrigerator
- Yes
- Free-Standing Range
- Yes
- W/D Hookup
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Projected Proforma
- Yes
Water Source
- City Franchise
- Yes
- Submetered System
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Attached
- Yes
Electric
- SRP
- Yes
Gas
- SW Gas
- Yes
Owner Pays
- See Remarks
- Yes
New Financing
- Conventional
- Yes
- Owner May Carry
- Yes
- Wraparound
- Yes
Reports/Disclosures
- None
- Yes
Environmental
- None
- 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
Construction:
Block
Const - Finish:
Painted
Roofing:
Composition
Floors:
Concrete; Ceramic Tile
Sale Includes:
Land & Building
Community Features:
Pool
Appliances Included:
Free-Standing Range; Refrigerator; W/D Hookup
Heating:
Natural Gas; Individual
Cooling:
Electric; Individual
Water Source:
City Franchise; Submetered System
Sewer:
Sewer - Public
Electric:
SRP
Gas:
SW Gas
Parking Features:
Attached
Road Surface Type:
Asphalt
Owner Pays:
See Remarks
Tenant Pays:
Water; Electricity; Gas
Source of Fincl Data:
Projected Proforma
Showing Notification Methods:
Email
Lockbox Type:
None
New Financing:
Conventional; Owner May Carry; Wraparound
Environmental:
None
Listing Office:
Better Homes & Gardens Real Estate SJ Fowler
Last Updated: March - 24 - 2025
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