$268,000
1401 W Desert Cove Avenue
Phoenix, AZ 85029
MLS# 5848580
Status: Closed



1401 W Desert Cove Avenue, Phoenix, AZ 85029
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1401 W Desert Cove Avenue, Phoenix, AZ 85029 1401 W Desert Cove Avenue, Phoenix, AZ 85029 1401 W Desert Cove Avenue, Phoenix, AZ 85029 1401 W Desert Cove Avenue, Phoenix, AZ 85029 1401 W Desert Cove Avenue, Phoenix, AZ 85029 1401 W Desert Cove Avenue, Phoenix, AZ 85029 1401 W Desert Cove Avenue, Phoenix, AZ 85029 1401 W Desert Cove Avenue, Phoenix, AZ 85029 1401 W Desert Cove Avenue, Phoenix, AZ 85029 1401 W Desert Cove Avenue, Phoenix, AZ 85029 1401 W Desert Cove Avenue, Phoenix, AZ 85029 1401 W Desert Cove Avenue, Phoenix, AZ 85029 1401 W Desert Cove Avenue, Phoenix, AZ 85029 1401 W Desert Cove Avenue, Phoenix, AZ 85029 1401 W Desert Cove Avenue, Phoenix, AZ 85029 1401 W Desert Cove Avenue, Phoenix, AZ 85029 1401 W Desert Cove Avenue, Phoenix, AZ 85029 1401 W Desert Cove Avenue, Phoenix, AZ 85029 1401 W Desert Cove Avenue, Phoenix, AZ 85029 1401 W Desert Cove Avenue, Phoenix, AZ 85029

Property Description
Newly remodeled! One unit occupied at $995 plus rental tax. Tenants pay their own electric. New Windows and finishes! New Exterior and Interior Paint with NEW WINDOWS! The neighbors drive by and give us a THUMBS UP! See Document Tab for information. Storage room could be a laundry room but conveys AS-IS. LARGE LOT!Tenants in place and NO showings without accepted contract drive by only. Will take owner occupied contract Buyer to verify all facts and figures.

Details
Maps
Documents
Contract Info
Current Price: $268,000
Sold Price: $268,000
Status: Closed
List Date: 2018-11-18
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: M34
House Number: 1401
Compass: W
Street Name: Desert Cove
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85029
Country: USA
County Code: Maricopa
Assessor's Map #: 15
Assessor's Parcel #: 8
Add'l Parcels: No
Assessor Number: 159-15-008
Legal: Legal Description supplied by Title to govern
Tax Municipality: Phoenix
Taxes: 664
Tax Year: 2018
Marketing Name: Duplex
General Property Description
Year Built: 1959
Total # of Units: 2
# of Buildings: 1
Zoning: R3
Elementary School: Mountain View - Waddell
High School: Sunnyslope Elementary School
Elementary School District: Washington Elementary District
High School District: Glendale Union High School District
Remarks & Misc
Cross Street: 19th Ave and Mountian View
Directions: Go East on 19th Ave from Mountain View to 15th Ave, Turn North to Desert Cove and East on Desert Cove to Property
Geo Lat: 33.585473
Geo Lon: -112.089617
Status Change Info
Status Change Date: 2019-09-06
Off Market Date: 2019-08-09
Under Contract Date: 2019-08-09
Close of Escrow Date: 2019-09-06
Sold Price: $268,000
Income & Expenses
Annual Elec Exp: 100
Annual Ins Exp: 1600
Annual Landscape Exp: 400
Annual Maint Exp: 1000
Annual Mgmt Exp: 1440
Annual Wtr/Swr Exp: 2000
Owner Association: No
Operating Exp: 7204
Gross Annual Sch Inc: 23880
Vacancy Allowance: 0.03
Adjusted Gross Inc: 23163.6
Totl Mnth Rntal Inc: 1990
Net Operating Income: 15959
Pmt & Rate Info
Cap Rate: 5.7
Equity: 279899
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 600
Avg SqFt: 746
# Baths: 1
Sold Info
Loan Type: FHA
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Seller Assist - A
Buyer Concession $/%: %
Seller Concession to Buyer: 5
Seller Concession $/%: %
Property Features
Project Type: Duplex
Construction: Frame - Wood
Const - Finish: Painted; Stucco
Roofing: Rolled
Floors: Vinyl; Ceramic Tile
Sale Includes: Land & Building; Personal Property
Community Amenities: No Pool
Appliances Included: F/S Oven/Range; Refrigerator; W/D Hookup
Cooling: Electric
Water: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking: Carport
Roads/Streets: Asphalt
Owner Pays: Water; Trash Collection
Tenant Pays: Electric; Gas; Cable TV
Source of Fincl Data: Books Shwn Accpt Ofr
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: VA; FHA; Conventional
Reports/Disclosures: Seller Prop Disc Stm
Environmental: None

Listing Office: Gerchick Real Estate

Last Updated: September - 06 - 2019

1401 W Desert Cove Avenue, Phoenix, AZ 85029 - MLS# 5848580
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