831 W 3RD Street, Tempe, AZ 85281
$525,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$525,000
Last Modified:
9/16/2018
Overview
Description
Listing Details MLS# 5804486
Location, Tax & Legal
- Map Code/Grid
- R36
- House Number
- 831
- Compass
- W
- Street Name
- 3RD
- St Suffix
- Street
- City/Town Code
- Tempe
- State/Province
- AZ
- Zip Code
- 85281
- Zip4
- 2621
- Country
- US
- County Code
- Maricopa
- Subdivision
- MONTERREY VILLAGE PLAT 2 AMD
- Assessor Number
- 124-31-097
- Tax Year
- 2018
- Assessor's Map #
- 31
- Legal Description (Abbrev)
- LOT 8 MONTERREY VILLAGE PLAT 2 AMD MCR 010201
- Assessor's Parcel #
- 97
- Add'l Parcels
- No
- Tax Municipality
- Maricopa - COUNTY
- Census Tract
- 318800
- Taxes
- 1465
- Legal
- LOT 8 MONTERREY VILLAGE PLAT 2 AMD MCR 010201
- Marketing Name
- Tempe 4 Plex
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 10,008
- Year Built
- 1963
- Uncvrd Parking Spcs
- 4
- Total # of Units
- 4
- # of Buildings
- Yes
- Zoning
- R-3
- High School District
- Tempe Union High School District
Remarks Misc
- Cross Street
- Mill & University
- Directions
- Mill north to 5th St, 5th Street to McKemy St, right on Brown St, left of McKemy, then left on 3rd St
Status Change Info
- Off Market Date
- 2018-09-16
- Under Contract Date
- 2018-08-16
- Close of Escrow Date
- 2018-09-15
Legal Info
- Township
- 1N
- Range
- 4E
- Section
- 16
- Lot Number
- 8
More Information
Income Expenses
- Gross Annual Sch Inc
- 40320
- Net Operating Income
- 38169
1 Bedroom Units
- # 1 Bedroom Units
- 4
- Avg Rent
- 860
- Avg SqFt
- 520
- # Baths
- Yes
Sold Info
- Loan Type
- Conventional
- Loan Years
- 30
- Payment Type
- Fixed
- Closing Cost Split
- Buyer - B
- Buyer Concession to Seller
- 2
- Buyer Concession $/%
- %
- Seller Concession to Buyer
- Yes
- Seller Concession $/%
- %
Project Type
- Four Plex
- Yes
Other Type
- House + Rental Units
- Yes
Construction
- Block
- Yes
Const - Finish
- Painted
- Yes
Roofing
- Foam
- Yes
Floors
- Ceramic Tile
- Yes
Sale Includes
- Building(s) Only
- Yes
- Laundry Equipment
- Yes
Income & Expenses
- Annual Elec Exp
- 0
- Annual Gas Exp
- 0
- Annual Ins Exp
- 686
- 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
- 780
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 0
- Operating Exp
- 2931
- Other Income
- 0
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 40320
- Total Monthly Rental Income
- 0
Pmt & Rate Info
- Cap Rate
- 6.94
- Down Payment
- 0
- Equity
- 550000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
- Assessment Balance
- 0
Community Features
- No Pool
- Yes
Heating
- Heat Pump
- Yes
- Individual
- Yes
- Central
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Central Air
- Yes
Exterior Amenities
- Landscape Water System
- Yes
- Desert Landscaping
- Yes
Tenant Pays
- Gas
- Yes
- Electricity
- Yes
- Cable TV
- Yes
Appliances Included
- Microwave
- Yes
- Refrigerator
- Yes
- Free-Standing Range
- Yes
- Washer/Dryer
- Yes
Road Surface Type
- Dirt
- Yes
- Gravel
- Yes
Source of Fincl Data
- Owner
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Carport
- Yes
Electric
- APS
- Yes
Gas
- SW Gas
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
- Other
- Yes
- See Remarks
- Yes
New Financing
- Conventional
- Yes
Special
- Owner/Agent
- Yes
Existing 1st Loan
- Conventional
- 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
2 Bedroom Units
- Avg Rent
- 0
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
Four Plex
Other Type:
House + Rental Units
Construction:
Block
Const - Finish:
Painted
Roofing:
Foam
Floors:
Ceramic Tile
Sale Includes:
Building(s) Only; Laundry Equipment
Community Features:
No Pool
Exterior Amenities:
Landscape Water System; Desert Landscaping
Appliances Included:
Free-Standing Range; Refrigerator; Microwave; Washer/Dryer
Heating:
Individual; Central; Heat Pump
Cooling:
Ceiling Fan(s); Central Air
Water Source:
City Franchise
Sewer:
Sewer - Public
Electric:
APS
Gas:
SW Gas
Parking Features:
Carport
Road Surface Type:
Gravel; Dirt
Owner Pays:
Water; Trash Collection; Other; See Remarks
Tenant Pays:
Electricity; Gas; Cable TV
Source of Fincl Data:
Owner
Special:
Owner/Agent
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:
Conventional
Environmental:
None
Listing Office:
Equity Arizona Real Estate
Last Updated: September - 16 - 2018
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