4302 N 103RD Avenue, Phoenix, AZ 85037

$4,150,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $4,150,000 Last Modified: 11/02/2024

Description

FAIRWAY VISTA CONDOMINIUMS, IS A 76 UNIT CONDO COMMUNITY LOCATED ALONG VILLA LA PAZ GOLF COURSE. FEATURING 75 (960 SF) 2-BEDROOM 1-BATH CONDOS & 1 STUDIO CONDO. EACH CONDO FEATURES A GREAT ROOM W/EXIT TO COVERED PATIO/BALCONY, KITCHENS HAVE REFRIGERATOR, ELEC RANGE/OVEN, OTR MICRO, DISHWASHER, PANTRY & DINING. CERAMIC TILE & CARPET, ELECTRIC IS INDIVIDUALLY METERED, LUSH LANDSCAPING W/GATED COMMUNITY POOL, BBQ AREAS AND 2 REMODELED COMMUNITY (INCOME PRODUCING) LAUNDRY ROOMS W/MAYTAG WASHER & DRYERS. EACH CONDO HAS 1 ASSIGNED COVERED PARKING SPACE. 56 ADDITIONAL UNCOVERED & HANDCAPPED SPACES. HOA IS ESTABLISHED (INACTIVE) SO UNITS CAN BE SOLD INDIVIDUALY. CURRENTLY RENTING AT $700 MONTHLY. 2-CONDOS W/$10K IN UPGRADES W/GRANITE COUNTERTOPS, STAINLESS STEEL APPLIANCES & CHERRY CABINETS.

More Information MLS# 5063667

Contract Info

Ownership: Condominium Current Price: $4,150,000 Sold Price: $4,150,000 Status: Closed List Date: 2014-01-27

Location, Tax & Legal

Assessor's Map #: 22 Legal Description (Abbrev): FAIRWAY VISTAS CONDOMINIUMS Assessor's Parcel #: 767 Add'l Parcels: No Tax Municipality: Phoenix Census Tract: 82002 Taxes: 586 Legal: FAIRWAY VISTAS CONDOMINIUMS MCR 1080-23UNIT 1PLEASE NOTE: FOR LEG Marketing Name: FAIRWAY VISTAS Map Code/Grid: P30 House Number: 4302 Compass: N Street Name: 103RD St Suffix: Avenue City/Town Code: Phoenix State/Province: AZ Zip Code: 85037 Zip4: 5511 County Code: Maricopa Subdivision: FAIRWAY VISTA CONDOMINUMS Assessor Number: 102-22-767 Tax Year: 2013

General Property Description

# of Buildings: 7 Uncvrd Parking Spcs: 56 Lot Size Dimensions: 838 Total # of Units: 76 Elementary School District: Pendergast Elementary District High School District: Tolleson Union High School District Elementary School: Villa De Paz Elementary School Jr. High School: Villa De Paz Elementary School High School: Westview High School Year Built: 1979 Zoning: MH MULTIFAMILY

Legal Info

Range: 1E Section: 20 Township: 2N Lot Number: 1

Project Type

51 - 99 Units: 1

Construction

Wood Frame: 1

Const - Finish

Painted: 1 Stucco: 1

Roofing

Built-Up: 1

Floors

Vinyl: 1 Ceramic Tile: 1 Carpet: 1

Sale Includes

Land & Building: 1 Pool Equipment: 1 Laundry Equipment: 1

Income & Expenses

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: 586 Other Income: 0 Vacancy Allowance: 0.1 Adjusted Gross Inc: 0

Pmt & Rate Info

Down Payment: 0 Equity: 4900000 Down Payment %: 0 Monthly Payments: 0 Total Owed: 0 Assessment Balance: 0

Community Features

Pool: 1 Manager Res/Office: 1 Barbecue: 1

Heating

Electric: 1

Cooling

Ceiling Fan(s): 1 Heat Pump: 1

Exterior Amenities

Landscape Water System: 1 Green Landscaping: 1 Cable TV Available: 1 Patio/Balcony: 1 Security Light(s): 1

Tenant Pays

Electricity: 1 Cable TV: 1

Appliances Included

Built-In Range: 1 Refrigerator: 1 Dishwasher: 1 Disposal: 1

Source of Fincl Data

Owner: 1 Books Shwn Accpt Ofr: 1 Other (See Remarks): 1

Water Source

City Franchise: 1 Master Meter: 1

Sewer

Sewer - Public: 1

Parking Features

>1 Space Per Unit: 1 Assigned: 1

Electric

SRP: 1 Individual Meter: 1

Gas

None: 1

Owner Pays

Water: 1 Sewer: 1 Trash Collection: 1 Landscaping: 1 Pool Maintenance: 1

New Financing

Cash to Loan: 1 Conventional: 1 1031 Exchange: 1

Existing 1st Loan

Private: 1

Existing 2nd Loan

Private: 1

Existing 3rd Loan

Other (See Remarks): 1

Reports/Disclosures

None: 1

Environmental

None: 1

Existing Othr Ln Trm

Not Applicable: 1

Contact Info

List Agent Home Phn: 480-515-9142

Efficiency Units

# Efficiency Units: 1 Avg Rent: 500 Avg SqFt: 500 # Baths: 1

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

# 2 Bedroom Units: 75 Avg Rent: 650 Avg SqFt: 960 # Baths: 1

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Sold Info

Loan Type: Cash Closing Cost Split: Normal - N Payment Type: Other Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: INDIAN SCHOOL & 103RD AVENUE Directions: FROM INDIAN SCHOOL ROAD - NORTH ON 103RD AVE 4 BLOCKS TO PROPERTY Geo Lat: 33.497147 Geo Lon: -112.28132

Status Change Info

Off Market Date: 2014-10-13 Under Contract Date: 2014-10-09 Close of Escrow Date: 2014-12-19 Sold Price: $4,150,000

Property Features

Project Type: 51 - 99 Units Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Built-Up Floors: Vinyl; Ceramic Tile; Carpet Sale Includes: Land & Building; Pool Equipment; Laundry Equipment Community Features: Pool; Manager Res/Office; Barbecue Exterior Amenities: Landscape Water System; Green Landscaping; Cable TV Available; Patio/Balcony; Security Light(s) Appliances Included: Built-In Range; Refrigerator; Dishwasher; Disposal Cooling: Ceiling Fan(s); Heat Pump Water Source: City Franchise; Master Meter Sewer: Sewer - Public Electric: SRP; Individual Meter Gas: None Parking Features: >1 Space Per Unit; Assigned Owner Pays: Water; Trash Collection; Landscaping; Pool Maintenance Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner; Books Shwn Accpt Ofr; Other (See Remarks) Existing 1st Loan: Private Existing 2nd Loan: Private Existing 3rd Loan: Other (See Remarks) Existing Othr Ln Trm: Not Applicable New Financing: Cash to Loan; Conventional; 1031 Exchange Environmental: None
Listing Office: The Robinson Group
IDX
Last Updated: November - 02 - 2024
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