$390,000
322 N 13TH Place
Phoenix, AZ 85006
MLS# 5757654
Status: Closed



322 N 13TH Place, Phoenix, AZ 85006
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Property Description
This is a historic property that has been remodeled from top to bottom with permits. There is a two bedroom unit and a one bedroom unit-do you want the real deal? There is a one bedroom in the rear of the Duplex. The two front units are occupied-do not disturb. The one bedroom is for rent at $1,050.00 Take a look at the pictures!!! What a nice patio area and so close to downtown!! Everything done with permits. Very low maintenance.Washer and Dryer for the Tenants as well! You can have the best of the best-great for investor-Unbelievable job on the remodel!!! Pavers in the back and artificial grass in the front. Buyer to verify all facts and figures.

Details
Maps
Documents
Contract Info
Current Price: $390,000
Sold Price: $390,000
Status: Closed
List Date: 2018-04-27
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: Q34
House Number: 322
Compass: N
Street Name: 13TH
St Suffix: Place
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85006
Zip4: 3420
Country: USA
County Code: Maricopa
Legal Description (Abbrev): MADRONA PL TR A N 60'
Subdivision: MADRONA PLACE
Assessor's Map #: 25
Assessor's Parcel #: 59
Add'l Parcels: No
Assessor Number: 116-25-059
Legal: MADRONA PL TR A N 60'
Census Tract: 113201
Tax Municipality: Phoenix
Tax District: PHX
Taxes: 743
Tax Year: 2017
Marketing Name: Triplex
General Property Description
Lot Size Dimensions: square
Year Built: 1931
Uncvrd Parking Spcs: 4
Total # of Units: 3
# of Buildings: 2
Zoning: RES Multi
Elementary School: Garfield School
Jr. High School: Phoenix Prep Academy
High School: North High School
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Remarks & Misc
Cross Street: Van Buren and 13 Place
Directions: Go north on 13 place and Property is on the West Side
Geo Lat: 33.452204
Geo Lon: -112.053967
Status Change Info
Status Change Date: 2018-11-21
Off Market Date: 2018-11-02
Under Contract Date: 2018-09-07
Close of Escrow Date: 2018-11-20
Sold Price: $390,000
Legal Info
Township: 1N
Range: 3E
Section: 4
Income & Expenses
Annual Ins Exp: 1600
Annual Landscape Exp: 400
Annual Maint Exp: 400
Annual Mgmt Exp: 3000
Annual Wtr/Swr Exp: 2000
Owner Association: No
Operating Exp: 8143
Gross Annual Sch Inc: 39540
Vacancy Allowance: 0.02
Adjusted Gross Inc: 38749.2
Totl Mnth Rntal Inc: 3295
Net Operating Income: 30606
Pmt & Rate Info
Cap Rate: 7.47
Equity: 409900
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 800
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 1200
Avg SqFt: 1000
# Baths: 1
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: Tri-Plex
Construction: Brick
Const - Finish: Painted; Brick Trim/Veneer
Roofing: Comp Shingle
Floors: Ceramic Tile; Other
Sale Includes: Land & Building; Personal Property
Community Amenities: No Pool; Barbecue; Other; See Remarks
Exterior Amenities: Green Landscaping; Desert Landscaping; Partially Fenced; Cable TV Available; Patio/Balcony; Separate Storage; Security Light(s)
Interior Amenities: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds; Breakfast Bar
Appliances Included: F/S Oven/Range; Refrigerator; Microwave; Washer/Dryer; W/D Hookup
Heating: Heat Pump
Cooling: Ceiling Fan(s); Electric; Individual
Water: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking: 1 Space/Unit; Add'l Parking Avail; Free
Roads/Streets: Concrete; Curb(s) & Gutter(s)
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electric; Gas; Cable TV
Source of Fincl Data: Provided by Owner; Projected Proforma
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Conventional; No Carry
Reports/Disclosures: Seller Prop Disc Stm; APOD/Backup Avaible; Sch of Personal Prop
Environmental: None

Listing Office: Gerchick Real Estate

Last Updated: June - 12 - 2020

322 N 13TH Place, Phoenix, AZ 85006 - MLS# 5757654
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