4130 N 12TH Street, Phoenix, AZ 85014
$2,080,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$2,080,000
Last Modified:
7/06/2016
Listing Details MLS# 5324189
Location, Tax & Legal
- Map Code/Grid
- P34
- House Number
- 4130
- Compass
- N
- Street Name
- 12TH
- St Suffix
- Street
- City/Town Code
- Phoenix
- State/Province
- AZ
- Zip Code
- 85014
- Zip4
- 4984
- Country
- US
- County Code
- Maricopa
- Assessor Number
- 155-16-049
- Tax Year
- 2014
- Assessor's Map #
- 16
- Legal Description (Abbrev)
- LOTS F & G TH PT SE4 SW4 SD SEC BEG AT PT ON E LI SE4 SW4 282' N & 33' W OF SE COR OF SD SE4 SW4 TH
- Assessor's Parcel #
- 49
- Add'l Parcels
- No
- Tax Municipality
- Maricopa - CITY
- Census Tract
- 108601
- Taxes
- 4832.42
- Legal
- LOTS F & G TH PT SE4 SW4 SD SEC BEG AT PT ON E LI SE4 SW4 282' N & 33' W OF SE COR OF SD SE4 SW4 TH
- Marketing Name
- The Studio on 12th Street
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 27878
- Year Built
- 1973
- Uncvrd Parking Spcs
- 41
- Total # of Units
- 41
- # of Buildings
- Yes
- Zoning
- R-5
- Elementary School District
- Osborn Elementary District
- High School District
- Phoenix Union High School District
Status Change Info
- Off Market Date
- 2016-05-04
- Under Contract Date
- 2016-04-29
- Close of Escrow Date
- 2016-06-27
Legal Info
- Township
- 2N
- Range
- 3E
- Section
- 21
More Information
Income Expenses
- Gross Annual Sch Inc
- 267798
- Net Operating Income
- 150670
Efficiency Units
- # Efficiency Units
- 40
- Avg Rent
- 575
- Avg SqFt
- 495
- # Baths
- Yes
1 Bedroom Units
- # 1 Bedroom Units
- Yes
- Avg Rent
- 700
- Avg SqFt
- 600
- # Baths
- Yes
Contact Info
- List Agent Home Phn
- 602-735-5634
Sold Info
- Loan Type
- Conventional
- Loan Years
- 30
- Payment Type
- Fixed
- Closing Cost Split
- Normal - N
- Buyer Concession $/%
- %
- Seller Concession $/%
- %
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Project Type
- 25 - 50 Units
- Yes
Construction
- Block
- Yes
Const - Finish
- Painted
- Yes
Roofing
- Built-Up
- Yes
Floors
- Ceramic Tile
- 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
- 119390
- Operating Exp
- 124222.42
- Other Income
- 0
- Vacancy Allowance
- 0.04
- Adjusted Gross Inc
- 257086.08
Pmt & Rate Info
- Cap Rate
- 7.01
- Down Payment
- 660000
- Equity
- 2150000
- Down Payment %
- 30
- Monthly Payments
- 0
- Total Owed
- 0
- Assessment Balance
- 0
Community Features
- Pool
- Yes
- Barbecue
- Yes
Heating
- Individual
- Yes
Cooling
- Window/Wall Unit
- Yes
- Individual
- Yes
Exterior Amenities
- Patio/Balcony
- Yes
- Security Guard
- Yes
- Security Light(s)
- Yes
Interior Features
- Other (See Remarks)
- 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
- Paved
- Yes
Electric
- APS
- Yes
- Individual Meter
- Yes
Gas
- SW Gas
- Yes
- Master Meter
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Gas
- Yes
New Financing
- Conventional
- 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
- 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
2 Bedroom Units
- Avg Rent
- 0
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
25 - 50 Units
Construction:
Block
Const - Finish:
Painted
Roofing:
Built-Up
Floors:
Ceramic Tile
Sale Includes:
Land & Building
Community Features:
Pool; Barbecue
Exterior Amenities:
Patio/Balcony; Security Guard; Security Light(s)
Interior Features:
Other (See Remarks)
Appliances Included:
Free-Standing Range; Refrigerator; Microwave
Heating:
Individual
Cooling:
Window/Wall Unit; Individual
Water Source:
City Franchise; Master Meter
Sewer:
Sewer - Public
Electric:
APS; Individual Meter
Gas:
SW Gas; Master Meter
Parking Features:
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:
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:
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: July - 06 - 2016
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