530-536 W MALIBU Drive, Tempe, AZ 85282
$800,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$800,000
Last Modified:
6/12/2020
Overview
Description
Listing Details MLS# 5577637
Location, Tax & Legal
- Map Code/Grid
- R36
- House Number
- 530-536
- Compass
- W
- Street Name
- MALIBU
- St Suffix
- Drive
- City/Town Code
- Tempe
- State/Province
- AZ
- Zip Code
- 85282
- Zip4
- 4816
- Country
- US
- County Code
- Maricopa
- Subdivision
- LAGUNA ESTATES
- Assessor Number
- 123-45-011-A
- Tax Year
- 2016
- Assessor's Map #
- 45
- Legal Description (Abbrev)
- LOT 8 LAGUNA ESTATES MCR 010239
- Assessor's Parcel #
- 11
- Assessor Parcel Ltr
- A
- Add'l Parcels
- Yes
- Tax Municipality
- Tempe
- Census Tract
- 319705
- Taxes
- 4471
- Legal
- LOT 8 LAGUNA ESTATES MCR 010239 and LOT 9 LAGUNA ESTATES MCR 010239
- Marketing Name
- None
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- Unknown
- Year Built
- 1964
- Uncvrd Parking Spcs
- 2
- Total # of Units
- 7
- # of Buildings
- 2
- Zoning
- R3-R
- Elementary School District
- Tempe Elementary School District
- High School District
- Tempe Union High School District
Remarks Misc
- Cross Street
- Southern & Mill
- Directions
- West to Roosevelt. South to Malibu. East to property.
Status Change Info
- Off Market Date
- 2017-03-21
- Under Contract Date
- 2017-03-21
- Close of Escrow Date
- 2017-04-11
Legal Info
- Township
- 1N
- Range
- 4E
- Section
- 33
- Lot Number
- 8
More Information
Income Expenses
- Gross Annual Sch Inc
- 75900
- Net Operating Income
- 72105
2 Bedroom Units
- # 2 Bedroom Units
- 6
- Avg Rent
- 837
- Avg SqFt
- 750
- # Baths
- Yes
3 Bedrooms Units
- # 3 Bedroom Units
- Yes
- Avg Rent
- 1300
- Avg SqFt
- 1450
- # Baths
- Yes
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
- 5 - 12 Units
- Yes
Construction
- Block
- Yes
Const - Finish
- Painted
- Yes
- Stucco
- Yes
Roofing
- Rolled
- Yes
Floors
- Wood
- Yes
- Ceramic Tile
- Yes
Sale Includes
- Land & Building
- Yes
Income & Expenses
- Annual Elec Exp
- 400
- Annual Gas Exp
- 400
- Annual Ins Exp
- 3600
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 1920
- Annual Legal & Acctg
- 0
- Annual Maint Exp
- 0
- Annual Mgmt Exp
- 0
- Annual Trash Exp
- 0
- Annual Wtr/Swr Exp
- 1320
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 0
- Operating Exp
- 12111
- Other Income
- 0
- Vacancy Allowance
- 0.05
- Adjusted Gross Inc
- 72105
- Total Monthly Rental Income
- 6325
Pmt & Rate Info
- Cap Rate
- 9.01
- Down Payment
- 0
- Equity
- 800000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
- Assessment Balance
- 0
Community Features
- No Pool
- Yes
Heating
- Heat Pump
- Yes
Cooling
- Heat Pump
- Yes
Exterior Amenities
- Landscape Water System
- Yes
- Partially Fenced
- Yes
Tenant Pays
- Gas
- Yes
- Water
- Yes
- Sewer
- Yes
- Electricity
- Yes
- Trash Collection
- Yes
- Cable TV
- Yes
- Other (See Remarks)
- Yes
Appliances Included
- Refrigerator
- Yes
- Built-In Range
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Owner
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Garage
- Yes
- Carport
- Yes
- On Street
- Yes
- >1 Space Per Unit
- Yes
Electric
- SRP
- Yes
Gas
- SW Gas
- Yes
Owner Pays
- Water
- Yes
- Landscaping
- Yes
- Other
- Yes
- See Remarks
- Yes
New Financing
- Conventional
- Yes
Special
- Owner/Agent
- 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
1 Bedroom Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
5 - 12 Units
Construction:
Block
Const - Finish:
Painted; Stucco
Roofing:
Rolled
Floors:
Wood; Ceramic Tile
Sale Includes:
Land & Building
Community Features:
No Pool
Exterior Amenities:
Landscape Water System; Partially Fenced
Appliances Included:
Built-In Range; Refrigerator
Heating:
Heat Pump
Cooling:
Heat Pump
Water Source:
City Franchise
Sewer:
Sewer - Public
Electric:
SRP
Gas:
SW Gas
Parking Features:
Garage; Carport; On Street; >1 Space Per Unit
Road Surface Type:
Asphalt
Owner Pays:
Water; Landscaping; Other; See Remarks
Tenant Pays:
Water; Sewer; Electricity; Gas; Trash Collection; Cable TV; Other (See Remarks)
Source of Fincl Data:
Owner
Special:
Owner/Agent
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
Listing Office:
eXp Realty
Last Updated: June - 12 - 2020
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