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626 S WILSON Street, Tempe, AZ 85281
$720,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$720,000
Last Modified:
11/10/2024
Overview
Description
Listing Details MLS# 5141227
Location, Tax & Legal
- Map Code/Grid
- Q36
- House Number
- 626
- Compass
- S
- Street Name
- WILSON
- St Suffix
- Street
- City/Town Code
- Tempe
- State/Province
- AZ
- Zip Code
- 85281
- Zip4
- 2775
- Country
- US
- County Code
- Maricopa
- Assessor Number
- 124-33-066-B
- Tax Year
- 2013
- Assessor's Map #
- 33
- Legal Description (Abbrev)
- STATE PLAT NO 12 AMD
- Assessor's Parcel #
- 66
- Assessor Parcel Ltr
- B
- Add'l Parcels
- Yes
- Tax Municipality
- Tempe
- Census Tract
- 318800
- Taxes
- 3534
- Legal
- LOT 1 E2 TR 11 .55 AC
- Marketing Name
- Patio Palms
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- irregular
- Year Built
- 1960
- Uncvrd Parking Spcs
- 17
- Total # of Units
- 12
- # of Buildings
- 2
- Zoning
- M-H, R-3
- Elementary School District
- Tempe Elementary School District
- High School District
- Tempe Union High School District
Remarks Misc
- Cross Street
- University and Farmers
- Directions
- 202 to Priest Drive, south to University, East on university to Farmer Avenue, north to 7th Street, east to property.
Status Change Info
- Off Market Date
- 2014-07-28
- Under Contract Date
- 2014-07-15
- Close of Escrow Date
- 2014-07-31
Legal Info
- Township
- 1N
- Range
- 4E
- Section
- 16
- Lot Number
- unk
More Information
Income Expenses
- Gross Annual Sch Inc
- 87000
- Net Operating Income
- 49076
1 Bedroom Units
- # 1 Bedroom Units
- 10
- Avg Rent
- 551
- Avg SqFt
- 560
- # Baths
- Yes
2 Bedroom Units
- # 2 Bedroom Units
- 2
- Avg Rent
- 600
- Avg SqFt
- 700
- # Baths
- Yes
Contact Info
- List Agent Home Phn
- 602-243-7499
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
- Brick
- Yes
Const - Finish
- Painted
- Yes
Roofing
- Built-Up
- Yes
Floors
- Concrete
- Yes
- Vinyl
- Yes
- Ceramic Tile
- Yes
- Carpet
- Yes
Sale Includes
- Land & Building
- Yes
- Pool Equipment
- Yes
Income & Expenses
- Annual Elec Exp
- 2400
- Annual Gas Exp
- 2200
- Annual Ins Exp
- 2390
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 3078
- Annual Legal & Acctg
- 1360
- Annual Maint Exp
- 8588
- Annual Mgmt Exp
- 5600
- Annual Trash Exp
- 0
- Annual Wtr/Swr Exp
- 4000
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 2400
- Annual Other Expense
- 0
- Other Income
- 1126
- Vacancy Allowance
- 0.04
- Adjusted Gross Inc
- 84600.96
Pmt & Rate Info
- Cap Rate
- 6.47
- Down Payment
- 759000
- Equity
- 759000
- Down Payment %
- 100
- Monthly Payments
- 0
- Total Owed
- 0
- Assessment Balance
- 0
Community Features
- Pool
- Yes
Heating
- Heat Pump
- Yes
- Electric
- Yes
Cooling
- Electric
- Yes
- Heat Pump
- Yes
Exterior Amenities
- Green Landscaping
- Yes
- Cable TV Available
- Yes
- Security Light(s)
- Yes
Interior Features
- Fire/Smoke Alarm(s)
- Yes
- Mini Blinds
- Yes
Tenant Pays
- Electricity
- Yes
- Cable TV
- Yes
Appliances Included
- Refrigerator
- Yes
- Free-Standing Range
- Yes
Road Surface Type
- Asphalt
- Yes
- Concrete
- Yes
Source of Fincl Data
- Owner
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- >1 Space Per Unit
- Yes
Electric
- APS
- Yes
Gas
- SW Gas
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Gas
- Yes
- Trash Collection
- Yes
- Landscaping
- Yes
- Pool Maintenance
- Yes
New Financing
- No Carry
- Yes
- Other (See Remarks)
- 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
- None
- Yes
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- None
- Yes
Existing Othr Ln Trm
- Not Applicable
- 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; Brick
Const - Finish:
Painted
Roofing:
Built-Up
Floors:
Concrete; Vinyl; Ceramic Tile; Carpet
Sale Includes:
Land & Building; Pool Equipment
Community Features:
Pool
Exterior Amenities:
Green Landscaping; Cable TV Available; Security Light(s)
Interior Features:
Fire/Smoke Alarm(s); Mini Blinds
Appliances Included:
Free-Standing Range; Refrigerator
Heating:
Heat Pump
Cooling:
Electric; Heat Pump
Water Source:
City Franchise
Sewer:
Sewer - Public
Electric:
APS
Gas:
SW Gas
Parking Features:
>1 Space Per Unit
Road Surface Type:
Asphalt; Concrete
Owner Pays:
Water; Gas; Trash Collection; Landscaping; Pool Maintenance
Tenant Pays:
Electricity; 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:
No Carry; Other (See Remarks)
Environmental:
None
Documents
Listing Office:
Kasten Long Commercial Group
Last Updated: November - 10 - 2024
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