10630 N 16TH Avenue, 1-2, Phoenix, AZ 85029
$420,000
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Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$420,000
Last Modified:
2/24/2024
Description
2 unit Property, 2 Bedrooms each. Very clean and modernized duplex with full tenant occupancy. Separate parking for each tenant. Quiet neighborhood close to large area park and I-17 freeway access. 1 mile from light rail transportation and close to bus lines.
More Information MLS# 6632781
Contract Info
Current Price: $420,000
Sold Price: $420,000
Status: Closed
List Date: 2023-11-20
Ownership: Fee Simple
Location, Tax & Legal
House Number: 10630
Compass: N
Street Name: 16TH
St Suffix: Avenue
Unit #: 1-2
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85029
Zip4: 5770
Country: USA
County Code: Maricopa
Legal Description (Abbrev): LOT 17 DESERT COVE EXTENSION RESUB LOTS 20 & 21 11-20 MCR 007532
Subdivision: DESERT COVE EXTENSION RESUB LOTS 20 & 21 11-20
Assessor's Map #: 14
Assessor's Parcel #: 63
Add'l Parcels: No
Assessor Number: 159-14-063
Legal: LOT 17 DESERT COVE EXTENSION RESUB LOTS 20 & 21 11-20 MCR 007532
Census Tract: 103615
Tax Municipality: Phoenix
Taxes: 884
Tax Year: 2023
Marketing Name: Desert Cove
General Property Description
Lot Size Dimensions: 7783
Year Built: 1975
Total # of Units: 2
# of Buildings: 1
Zoning: R-1-4
Flood Zone: TBD
Elementary School: Washington Elementary School - Phoenix
Jr. High School: Washington Elementary School - Phoenix
High School: Sundance Elementary - Buckeye
Elementary School District: Washington Elementary District
High School District: Glendale Union High School District
Remarks & Misc
Cross Street: Peoria Ave. and 19th Ave.
Directions: N. - on 19th Ave. from Peoria. E- Sahuaro Dr. S- 16th Ave to duplex building on the right side.
Geo Lat: 33.583244
Geo Lon: -112.094775
Status Change Info
Status Change Date: 2024-02-24
Off Market Date: 2024-02-24
Under Contract Date: 2024-01-19
Close of Escrow Date: 2024-02-23
Sold Price: $420,000
Legal Info
Township: 3N
Range: 3E
Section: 19
Lot Number: 17
Income & Expenses
Annual Ins Exp: 650
Annual Mgmt Exp: 1610
Annual Wtr/Swr Exp: 1360
Owner Association: No
Operating Exp: 4504
Gross Annual Sch Inc: 27744
Adjusted Gross Inc: 27744
Totl Mnth Rntal Inc: 2312
Net Operating Income: 23569
Pmt & Rate Info
Cap Rate: 5.55
Equity: 425000
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1156
Avg SqFt: 756
# Baths: 1
Sold Info
Loan Type: VA
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession to Buyer: 10000
Seller Concession $/%: $
Property Features
Project Type: Duplex
Construction: Block
Const - Finish: Painted
Roofing: Comp Shingle
Floors: Vinyl; Wood
Sale Includes: Land & Building
Community Amenities: No Pool
Exterior Amenities: Desert Landscaping; Fenced; Cable TV Available; Patio/Balcony; Separate Storage
Interior Amenities: Unfurnished; Vertical Blinds; Mini Blinds
Appliances Included: F/S Oven/Range; Refrigerator; W/D Hookup; Other (See Remarks)
Heating: Individual; Central
Cooling: Individual; Central A/C
Water: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking: Carport; >1 Space Per Unit
Roads/Streets: Asphalt
Owner Pays: Water; Trash Collection
Tenant Pays: Electric; Gas; Cable TV
Source of Fincl Data: Provided by Owner
Showing Notification Methods: Text
Lockbox Type: None
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; No Carry
Reports/Disclosures: None
Environmental: Other (See Remarks)
Listing Office: Paramount Management & Realty, LLC
Last Updated: February - 24 - 2024
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