Ownership: Fee Simple
Current Price: $7,000,000
Sold Price: $7,000,000
Status: Closed
List Date: 2020-07-07
Assessor's Map #: 28
Legal Description (Abbrev): TRACT A 4TH STREET WEST MCR 126940
Assessor's Parcel #: 177
Add'l Parcels: No
Tax Municipality: Tempe
Taxes: 51000
Legal: 4th st town homes
Marketing Name: 4th street town homes
Map Code/Grid: R36
House Number: 1301
Compass: W
Street Name: 4th
St Suffix: Street
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
County Code: Maricopa
Subdivision: 4TH STREET WEST
Assessor Number: 124-28-177
Tax Year: 2020
# of Buildings: 5
Uncvrd Parking Spcs: 0
Lot Size Dimensions: 11839
Total # of Units: 15
Elementary School District: Tempe Elementary School District
High School District: Tempe Union High School District
Elementary School: Scales Technology Academy
Jr. High School: Geneva Epps Mosley Middle School
High School: Tempe High School
Year Built: 2017
Zoning: R1-PAD, R-2
Range: 4E
Section: 16
Township: 1N
Lot Number: NA
Painted: 1
Stucco: 1
Brick Veneer: 1
Siding: 1
Ceramic Tile: 1
Carpet: 1
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 0
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: 0
Owner Association: Yes
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 51000
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Down Payment: 0
Equity: 7200000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0
Landscape Water System: 1
Green Landscaping: 1
Desert Landscaping: 1
Partially Fenced: 1
Cable TV Available: 1
Patio/Balcony: 1
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Built-In Range: 1
Refrigerator: 1
Dishwasher: 1
Disposal: 1
Microwave: 1
W/D Hookup: 1
Projected Proforma: 1
Other (See Remarks): 1
City Franchise: 1
Individual Meter: 1
Sewer - Public: 1
Sewer-In & Connected: 1
Garage: 1
>1 Space Per Unit: 1
Attached: 1
Conventional: 1
1031 Exchange: 1
ALTA Survey Availbl: 1
Other (See Remarks): 1
# 2 Bedroom Units: 6
Avg Rent: 2450
Avg SqFt: 1342
# Baths: 2
Avg Rent: 2890
Avg SqFt: 1700
# Baths: 3
Loan Type: Conventional
Loan Years: 30
Closing Cost Split: Normal - N
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Geo Lat: 33.426236
Geo Lon: -111.95925
Off Market Date: 2020-07-08
Under Contract Date: 2020-07-08
Close of Escrow Date: 2020-07-08
Sold Price: $7,000,000
Project Type: 13 - 24 Units
Construction: Block; Wood Frame
Const - Finish: Painted; Stucco; Brick Veneer; Siding
Roofing: Foam; Metal
Floors: Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Features: No Pool; Barbecue
Exterior Amenities: Landscape Water System; Green Landscaping; Desert Landscaping; Partially Fenced; Cable TV Available; Patio/Balcony
Appliances Included: Built-In Range; Refrigerator; Dishwasher; Disposal; Microwave; W/D Hookup
Cooling: Electric
Water Source: City Franchise; Individual Meter
Sewer: Sewer - Public; Sewer-In & Connected
Electric: SRP
Gas: None
Parking Features: Garage; >1 Space Per Unit; Attached
Owner Pays: Landscaping
Tenant Pays: Water; Sewer; Electricity; Trash Collection; Cable TV
Source of Fincl Data: Projected Proforma; Other (See Remarks)
Showing Notification Methods: Text
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
Existing 2nd Loan: Other (See Remarks)
Existing 3rd Loan: Other (See Remarks)
Existing Othr Ln Trm: Not Applicable
New Financing: Conventional; 1031 Exchange
Environmental: None
