$950,000
Phoenix, AZ 85006
MLS# 5647854
Status: Closed
1 / 24
Property Description
Hurry up! This is the price to sell and will sell quick. Great opportunity for investment. Huge price reduction. Sale Price is for all lots together. 117-15-074A, 117-15-073, 117-15-078, 117-15-079, 117-15-080, 117-15-081, 117-15-084 and 117-15-087. The lots are all adjacent and next to the address specified above.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $950,000
Sold Price: $950,000
Status: Closed
List Date: 2017-08-17
Location, Tax & Legal
Assessor's Map #: 15
Assessor's Parcel #: 84
Add'l Parcels: Yes
Tax Municipality: Phoenix
Taxes: 20246
Legal: 117-15-074A, 117-15-078, 117-15-079, 117-15-080, 117-15-087, 117-15-073, 117-15-081, 117-15-084
Map Code/Grid: P35
House Number: 1610
Compass: E
Street Name: Palm
St Suffix: Lane
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85006
County Code: Maricopa
Assessor Number: 117-15-084
Tax Year: 2016
General Property Description
Ttl Apx SqFt Bldg: 14756
# of Buildings: 12
Uncvrd Parking Spcs: 0
Year Built: 1920
Zoning: C-2
Construction
Block: 1
Brick: 1
Roofing
Foam: 1
Rolled: 1
Floors
Concrete: 1
Ceramic Tile: 1
Carpet: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 600
Annual Ins Exp: 4511
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 10000
Annual Mgmt Exp: 9600
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 18000
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 2000
Operating Exp: 64957
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 165300
Building Type
Commercial: 1
Other (See Remarks): 1
Business Type
Mixed: 1
Restaurant: 1
Other: 1
See Remarks: 1
Stories
1 Story: 1
Pmt & Rate Info
Down Payment: 0
Equity: 900000
Total Owed: 0
Assessment Balance: 0
Ceiling Height
8.1 Feet to 10 Feet: 1
Heating
Electric: 1
Natural Gas: 1
Cooling
Central Air: 1
Window/Wall Unit: 1
Interior Features
Other (See Remarks): 1
Loading Facilities
None: 1
Source of Fincl Data
Owner: 1
Fencing
Other: 1
See Remarks: 1
Water Source
Master Meter: 1
Sewer
Sewer - Public: 1
Parking Features
Private: 1
Electric
APS: 1
Gas
SW Gas: 1
New Financing
Cash Only: 1
Other (See Remarks): 1
Existing 1st Loan
Treat as Free&Clear: 1
Other (See Rmks): 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Other (See Remarks): 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Other (See Remarks): 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Other (See Remarks): 1
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Buyer - B
Buyer Concession to Seller: 100
Buyer Concession $/%: %
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: 16th St and Palm Lane
Directions: Corner of 16th St and Palm Lane
Geo Lat: 33.469561
Geo Lon: -112.047268
Status Change Info
Off Market Date: 2017-08-23
Under Contract Date: 2017-08-19
Close of Escrow Date: 2017-08-30
Sold Price: $950,000
Legal Info
Lot Number: 10
Income Expenses
Gross Annual Sch Inc: 174000
Property Features
Building Type: Commercial; Other (See Remarks)
Business Type: Mixed; Restaurant; Other; See Remarks
Stories: 1 Story
Construction: Block; Brick
Roofing: Foam; Rolled
Floors: Concrete; Ceramic Tile; Carpet
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Natural Gas
Cooling: Central Air; Window/Wall Unit
Loading Facilities: None
Interior Features: Other (See Remarks)
Fencing: Other; See Remarks
Parking Features: Private
Electric: APS
Gas: SW Gas
Water Source: Master Meter
Sewer: Sewer - Public
New Financing: Cash Only; Other (See Remarks)
Source of Fincl Data: Owner
Existing 1st Loan: Treat as Free&Clear; Other (See Rmks)
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable; Other (See Remarks)
Environmental: None
Listing Office: US Preferred Realty
Last Updated: March - 20 - 2018
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