4207 N 9TH Street, Phoenix, AZ 85014
$1,570,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$1,570,000
Last Modified:
9/28/2018
Overview
Description
Listing Details MLS# 5720782
Location, Tax & Legal
- Map Code/Grid
- P34
- House Number
- 4207
- Compass
- N
- Street Name
- 9TH
- St Suffix
- Street
- City/Town Code
- Phoenix
- State/Province
- AZ
- Zip Code
- 85014
- Zip4
- 4750
- Country
- US
- County Code
- Maricopa
- Subdivision
- CHESTERFIELD PLACE
- Assessor Number
- 155-17-038
- Tax Year
- 2017
- Assessor's Map #
- 17
- Legal Description (Abbrev)
- CHESTERFIELD PL PT LOT 2 BLK 2 BEG W LINE LOT 2 A DIST 45' S OF NW COR LOT 2 S 51.78' TH E 303' M/L
- Assessor's Parcel #
- 38
- Add'l Parcels
- Yes
- Tax Municipality
- Phoenix
- Census Tract
- 108601
- Taxes
- 6089
- Legal
- CHESTERFIELD PL PT LOT 2 BLK 2 BEG W LINE LOT 2 A DIST 45' S OF NW COR LOT 2 S 51.78' TH E 303' M/L
- Marketing Name
- La Monte Apartments
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- Unknown
- Year Built
- 1965
- Uncvrd Parking Spcs
- 22
- Total # of Units
- 18
- # of Buildings
- 5
- Zoning
- R-5
- Elementary School District
- Maricopa Unified School District
- High School District
- Maricopa Unified School District
- Elementary School
- Longview Elementary School
- Jr. High School
- Osborn Middle School
- High School
- North High School
Remarks Misc
- Cross Street
- N 7th/E Indian School Rd
- Directions
- From E. Indian School Rd & SR-51, head west on Indian School then north on N. 9th street for approx 1/4 mile. The property will be on the east side of the street.
Status Change Info
- Off Market Date
- 2018-09-05
- Under Contract Date
- 2018-05-21
- Close of Escrow Date
- 2018-09-27
Legal Info
- Lot Number
- 2
More Information
Income Expenses
- Net Operating Income
- 86583
Efficiency Units
- # Efficiency Units
- 3
- Avg Rent
- 595
- Avg SqFt
- 500
- # Baths
- Yes
1 Bedroom Units
- # 1 Bedroom Units
- 11
- Avg Rent
- 660
- Avg SqFt
- 600
- # Baths
- Yes
2 Bedroom Units
- # 2 Bedroom Units
- 3
- Avg Rent
- 760
- Avg SqFt
- 800
- # Baths
- Yes
3 Bedrooms Units
- # 3 Bedroom Units
- Yes
- Avg Rent
- 965
- Avg SqFt
- 1124
- # Baths
- Yes
Sold Info
- Loan Type
- Exchange
- 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
- 13 - 24 Units
- Yes
- Other (See Remarks)
- Yes
Construction
- Block
- Yes
Const - Finish
- Painted
- Yes
Roofing
- Composition
- Yes
Floors
- Ceramic Tile
- Yes
Sale Includes
- Land & Building
- Yes
- Laundry Equipment
- 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
- 55673
- Operating Exp
- 61762
- Other Income
- 0
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 0
Pmt & Rate Info
- Cap Rate
- 5.41
- Down Payment
- 0
- Equity
- 1600000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
- Assessment Balance
- 0
Community Features
- No Pool
- Yes
- Other
- Yes
- See Remarks
- Yes
Heating
- Natural Gas
- Yes
- Individual
- Yes
Cooling
- Central Air
- Yes
- Individual
- Yes
Exterior Amenities
- Desert Landscaping
- Yes
- Pet Restrictions
- Yes
- Security Light(s)
- Yes
Tenant Pays
- Gas
- Yes
- Electricity
- Yes
- Cable TV
- Yes
Appliances Included
- Refrigerator
- Yes
- Free-Standing Range
- 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/Unit
- Yes
- Paved
- Yes
- Add'l Parking Avail
- Yes
Electric
- APS
- Yes
- Individual Meter
- Yes
Gas
- SW Gas
- Yes
- Individual Meter
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
- Landscaping
- Yes
New Financing
- Conventional
- Yes
- No Carry
- Yes
- 1031 Exchange
- Yes
Existing 1st Loan
- Other (See Rmks)
- Yes
Existing 1st Loan Type
- Not Applicable
- Yes
Existing 1st Loan Terms
- Not Applicable
- Yes
Existing 2nd Loan
- Other (See Remarks)
- 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
- Seller Prop Disc Stm
- Yes
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- None
- Yes
Existing Othr Ln Trm
- Not Applicable
- Yes
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
13 - 24 Units; Other (See Remarks)
Construction:
Block
Const - Finish:
Painted
Roofing:
Composition
Floors:
Ceramic Tile
Sale Includes:
Land & Building; Laundry Equipment
Community Features:
No Pool; Other; See Remarks
Exterior Amenities:
Desert Landscaping; Pet Restrictions; Security Light(s)
Appliances Included:
Free-Standing Range; Refrigerator
Heating:
Natural Gas; Individual
Cooling:
Individual; Central Air
Water Source:
City Franchise
Sewer:
Sewer - Public
Electric:
APS; Individual Meter
Gas:
SW Gas; Individual Meter
Parking Features:
1 Space/Unit; Add'l Parking Avail; Paved
Road Surface Type:
Asphalt
Owner Pays:
Water; Trash Collection; Landscaping
Tenant Pays:
Electricity; Gas; Cable TV
Source of Fincl Data:
Owner
Existing 1st Loan:
Other (See Rmks)
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; No Carry; 1031 Exchange
Environmental:
None
Documents
Property Flyer ›
Listing Office:
Joseph Bernard Investment RE
Last Updated: September - 28 - 2018
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