Ownership: Fee Simple
Current Price: $715,000
Sold Price: $715,000
Status: Closed
List Date: 2024-05-07
Assessor's Map #: 10
Legal Description (Abbrev): JEN TILLY TERRACE LOT 27 N75' OF S300' EX W20'
Assessor's Parcel #: 43
Assessor Parcel Ltr: B
Add'l Parcels: No
Tax Municipality: Tempe
Census Tract: 319104
Taxes: 1214
Legal: JEN TILLY TERRACE LOT 27 N75' OF S300' EX W20'
Marketing Name: JENTILLY APARTMENTS
House Number: 1413
Compass: S
Street Name: JENTILLY
St Suffix: Lane
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 5701
County Code: Maricopa
Subdivision: JEN TILLY TERRACE LOTS 13-18
Assessor Number: 133-10-043-B
Tax Year: 2023
# of Buildings: 1
Uncvrd Parking Spcs: 4
Lot Size Dimensions: 76x80
Total # of Units: 2
High School District: Tempe Union High School District
Year Built: 1960
Zoning: R-4
Range: 4E
Section: 23
Township: 1N
Lot Number: 27
Land & Building: 1
Laundry Equipment: 1
Annual Ins Exp: 805
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 2019
Other Income: 720
Vacancy Allowance: 0.03
Adjusted Gross Inc: 44814
Total Monthly Rental Income: 3790
Cap Rate: 5.59
Equity: 790000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Service: No Showing Service Used
See Private Remarks: 1
None: 1
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Fenced: 1
Patio/Balcony: 1
Fire/Smoke Alarm(s): 1
Breakfast Bar: 1
Gas: 1
Water: 1
Electricity: 1
Trash Collection: 1
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
Washer/Dryer: 1
City Franchise: 1
Individual Meter: 1
APS: 1
Individual Meter: 1
SW Gas: 1
Individual Meter: 1
Cash: 1
VA: 1
Conventional: 1
FHA: 1
1031 Exchange: 1
# 2 Bedroom Units: 2
Avg Rent: 1975
Avg SqFt: 770
# Baths: 1
Loan Type: Other
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Cross Street: Rural Rd & Spence Ave
Directions: Turn East on Spence Ave to Jentilly Ln. Turn South on Jentilly Ln Property is on the left
Geo Lat: 33.412132
Geo Lon: -111.923048
Off Market Date: 2025-11-25
Under Contract Date: 2025-10-11
Close of Escrow Date: 2025-11-24
Sold Price: $715,000
Gross Annual Sch Inc: 45480
Net Operating Income: 44181
Project Type: Duplex
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Ceramic Tile
Sale Includes: Land & Building; Laundry Equipment
Community Features: Other
Exterior Amenities: Fenced; Patio/Balcony
Interior Features: Fire/Smoke Alarm(s); Breakfast Bar
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Cooling: Ceiling Fan(s); Electric; Central Air
Water Source: City Franchise; Individual Meter
Sewer: Sewer - Public
Electric: APS; Individual Meter
Gas: SW Gas; Individual Meter
Parking Features: >1 Space Per Unit
Road Surface Type: Asphalt
Owner Pays: None
Tenant Pays: Water; Electricity; Gas; Trash Collection
Source of Fincl Data: Owner
Special: Owner/Agent
Lockbox Type: See Private Remarks; None
Existing 1st Loan: Private
Existing 1st Loan Type: Fixed
Existing 1st Loan Terms: Non Assumable
New Financing: Cash; VA; FHA; Conventional; 1031 Exchange
Environmental: None
