6502 N 12TH Street, Phoenix, AZ 85014
$1,515,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$1,515,000
Last Modified:
7/05/2019
Overview
Listing Details MLS# 5925682
Location, Tax & Legal
- Map Code/Grid
- N34
- House Number
- 6502
- Compass
- N
- Street Name
- 12TH
- St Suffix
- Street
- City/Town Code
- Phoenix
- State/Province
- AZ
- Zip Code
- 85014
- Zip4
- 1325
- Country
- US
- County Code
- Maricopa
- Subdivision
- MARYLAND PARK
- Assessor Number
- 161-06-059
- Tax Year
- 2018
- Assessor's Map #
- 6
- Legal Description (Abbrev)
- LOT 2 MARYLAND PARK MCR 007748
- Assessor's Parcel #
- 59
- Add'l Parcels
- No
- Tax Municipality
- Phoenix
- Census Tract
- 106501
- Taxes
- 6343
- Legal
- LOT 2 MARYLAND PARK MCR 007748
- Marketing Name
- MARYLAND PARK
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- irr
- Year Built
- 1959
- Uncvrd Parking Spcs
- 4
- Total # of Units
- 13
- # of Buildings
- 3
- Zoning
- r4
- Elementary School District
- Madison Elementary District
- High School District
- Phoenix Union High School District
- Elementary School
- Madison Meadows School
- Jr. High School
- Madison Meadows School
- High School
- Central High School
Remarks Misc
- Cross Street
- 12th Street & Maryland
Status Change Info
- Off Market Date
- 2019-05-14
- Under Contract Date
- 2019-05-14
- Close of Escrow Date
- 2019-07-05
Legal Info
- Township
- 2N
- Range
- 3E
- Section
- 9
- Lot Number
- 2
More Information
Income Expenses
- Gross Annual Sch Inc
- 91344
- Net Operating Income
- 48249
Efficiency Units
- # Efficiency Units
- Yes
- Avg Rent
- 320
- Avg SqFt
- 150
- # Baths
- Yes
1 Bedroom Units
- # 1 Bedroom Units
- 6
- Avg Rent
- 510
- Avg SqFt
- 800
- # Baths
- Yes
2 Bedroom Units
- # 2 Bedroom Units
- 4
- Avg Rent
- 650
- Avg SqFt
- 850
- # Baths
- Yes
3 Bedrooms Units
- # 3 Bedroom Units
- 2
- Avg Rent
- 750
- Avg SqFt
- 950
- # Baths
- 2
Sold Info
- Loan Type
- Cash
- Payment Type
- Fixed
- Closing Cost Split
- Normal - N
- Buyer Concession $/%
- $
- Seller Concession to Buyer
- 8000
- Seller Concession $/%
- $
- Buyer Concession to Seller
- 0
Project Type
- 13 - 24 Units
- Yes
Construction
- Block
- Yes
- Wood Frame
- Yes
Const - Finish
- Painted
- Yes
Roofing
- Composition
- Yes
Floors
- Ceramic Tile
- Yes
- Carpet
- Yes
Sale Includes
- Building(s) Only
- Yes
Income & Expenses
- Annual Elec Exp
- 3861
- Annual Gas Exp
- 675
- Annual Ins Exp
- 4200
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 2000
- Annual Legal & Acctg
- 0
- Annual Maint Exp
- 7095
- Annual Mgmt Exp
- 5589
- Annual Trash Exp
- 2356
- Annual Wtr/Swr Exp
- 4357
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 1982
- Operating Exp
- 38458
- Other Income
- 200
- Vacancy Allowance
- 5
- Adjusted Gross Inc
- 366176
Pmt & Rate Info
- Cap Rate
- 3.02
- Down Payment
- 273000
- Equity
- 1600000
- Down Payment %
- 35
- Monthly Payments
- 0
- Total Owed
- 0
- Assessment Balance
- 0
Community Features
- Pool
- Yes
Heating
- Electric
- Yes
Cooling
- Central Air
- Yes
- Individual
- Yes
Exterior Amenities
- Landscape Water System
- Yes
- Desert Landscaping
- Yes
- Fenced
- Yes
- Patio/Balcony
- Yes
- Security Light(s)
- Yes
Interior Features
- Unfurnished
- Yes
- Fire/Smoke Alarm(s)
- Yes
- Mini Blinds
- Yes
Tenant Pays
- Electricity
- Yes
- Cable TV
- Yes
Appliances Included
- Refrigerator
- Yes
- Other
- Yes
Road Access Type
- Dedicated Street
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Owner
- Yes
Water Source
- Master Meter
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- On Street
- Yes
- 1 Space/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
- Cash to Loan
- Yes
Special
- Owner/Agent
- Yes
Existing 1st Loan
- Conventional
- Yes
Existing 1st Loan Type
- Fixed
- Yes
Existing 1st Loan Terms
- Non Assumable
- 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
- Non Assumable
- Yes
Environmental
- None
- Yes
Existing Othr Ln Trm
- Not Applicable
- Yes
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
13 - 24 Units
Construction:
Block; Wood Frame
Const - Finish:
Painted
Roofing:
Composition
Floors:
Ceramic Tile; Carpet
Sale Includes:
Building(s) Only
Community Features:
Pool
Exterior Amenities:
Landscape Water System; Desert Landscaping; Fenced; Patio/Balcony; Security Light(s)
Interior Features:
Unfurnished; Fire/Smoke Alarm(s); Mini Blinds
Appliances Included:
Refrigerator; Other
Cooling:
Individual; Central Air
Water Source:
Master Meter
Sewer:
Sewer - Public
Electric:
APS
Gas:
SW Gas
Parking Features:
On Street; 1 Space/Unit
Road Access Type:
Dedicated Street
Road Surface Type:
Asphalt
Owner Pays:
Water; Gas; Trash Collection; Landscaping; Pool Maintenance
Tenant Pays:
Electricity; Cable TV
Source of Fincl Data:
Owner
Special:
Owner/Agent
Existing 1st Loan:
Conventional
Existing 1st Loan Type:
Fixed
Existing 1st Loan Terms:
Non Assumable
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:
Non Assumable
Existing Othr Ln Trm:
Not Applicable
New Financing:
Cash to Loan
Environmental:
None
Listing Office:
Keller Williams Arizona Realty
Last Updated: July - 05 - 2019
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