601 S HARDY Drive, Tempe, AZ 85281
$940,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$940,000
Last Modified:
8/06/2021
Description
Williams Heritage is a six-unit multifamily community, located near downtown Tempe Arizona.
The property is comprised of two individually parceled, three-unit buildings consisting of six, one bed/one bath floorplans, that are individually metered for electricity. The property has been extensively renovated with new exterior paint, parking lot resurfacing, desert landscaping, and private patios with turf lawns. Interior renovations consist of, stainless steel appliances, quartz counter tops, plank vinyl wood flooring, new cabinet faces, new plumbing fixtures, new hardware throughout, lights and ceiling fans, and in-unit washers/dryers. Five of the units have already been renovated to this extent and are achieving increased rents, and the last one is currently under renovation.
More Information MLS# 5874932
Contract Info
Ownership: Fee Simple
Current Price: $940,000
Sold Price: $940,000
Status: Closed
List Date: 2019-01-29
Location, Tax & Legal
Assessor's Map #: 34
Legal Description (Abbrev): TH PT LOT 30E STATE PLAT NO 12 AMD DAF N2 OF FOL BEG MOST NWLY COR SD LOT TH E 110F S 01D 02M E 15 0
Assessor's Parcel #: 19
Assessor Parcel Ltr: C
Add'l Parcels: Yes
Tax Municipality: Tempe
Census Tract: 318800
Taxes: 2661
Legal: TH PT LOT 30E STATE PLAT NO 12 AMD DAF N2 OF FOL BEG MOST NWLY COR SD LOT TH E 110F S 01D 02M E 15 0
Marketing Name: Williams heritage
Map Code/Grid: R36
House Number: 601
Compass: S
Street Name: HARDY
St Suffix: Drive
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 3594
County Code: Maricopa
Subdivision: STATE PLAT NO 12 AMD
Assessor Number: 124-34-019-C
Tax Year: 2018
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 10
Lot Size Dimensions: .38 Acres
Total # of Units: 6
Elementary School District: Tempe Elementary School District
High School District: Tempe Union High School District
Year Built: 1980
Zoning: R-3
Legal Info
Range: 4E
Section: 16
Township: 1N
Lot Number: 30E
Project Type
Tri-Plex: 1
5 - 12 Units: 1
Construction
Block: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Vinyl: 1
Wood: 1
Sale Includes
Land & Building: 1
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
Operating Exp: 2661
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Pmt & Rate Info
Down Payment: 0
Equity: 969000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0
Community Features
Other: 1
See Remarks: 1
Heating
Other: 1
See Remarks: 1
Cooling
Central Air: 1
Individual: 1
Other: 1
See Remarks: 1
Exterior Amenities
Landscape Water System: 1
Green Landscaping: 1
Fenced: 1
Partially Fenced: 1
Patio/Balcony: 1
Other (See Remarks): 1
Interior Features
Other (See Remarks): 1
Tenant Pays
Gas: 1
Electricity: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Built-In Range: 1
Free-Standing Range: 1
Washer/Dryer: 1
Other: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Paved: 1
Electric
APS: 1
Individual Meter: 1
Gas
SW Gas: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
New Financing
Other (See Remarks): 1
Existing 1st Loan
Conventional: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Other (See Remarks): 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Other (See Remarks): 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Other (See Remarks): 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
Other (See Remarks): 1
Existing Othr Ln Trm
Not Applicable: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 6
Avg Rent: 982
Avg SqFt: 653
# Baths: 1
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Conventional
Loan Years: 30
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: Hardy Drive & 5th Street
Directions: Located at 601-611 S Hardy Drive Tempe, AZ 85281.
Geo Lat: 33.424235
Geo Lon: -111.951931
Status Change Info
Off Market Date: 2019-06-18
Under Contract Date: 2019-05-07
Close of Escrow Date: 2019-06-17
Sold Price: $940,000
Property Features
Project Type: Tri-Plex; 5 - 12 Units
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Vinyl; Wood
Sale Includes: Land & Building
Community Features: Other; See Remarks
Exterior Amenities: Landscape Water System; Green Landscaping; Fenced; Partially Fenced; Patio/Balcony; Other (See Remarks)
Interior Features: Other (See Remarks)
Appliances Included: Built-In Range; Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; Other
Heating: Other; See Remarks
Cooling: Individual; Central Air; Other; See Remarks
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS; Individual Meter
Gas: SW Gas
Parking Features: Paved
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity; Gas
Source of Fincl Data: Owner
Existing 1st Loan: Conventional
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: Other (See Remarks)
Environmental: Other (See Remarks)
Listing Office:
Orion Investment Real Estate
Last Updated: August - 06 - 2021
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