$235,000
Phoenix, AZ 85042
MLS# 5968113
Status: Closed
1 / 34
Property Description
Amazing opportunity to own newer construction large duplex town house style units. Both 3 bedroom 2.25 bath units. Also the lot allows another duplex to be built. Great owner occupant unit or great value add investment. One unit vacant other side rented below market 850. Proforma rents 1000. Both have private yards and washer and dryer hookups. All facts and figures are approximate buyer verify MLS information
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $235,000
Sold Price: $235,000
Status: Closed
List Date: 2019-08-21
Location, Tax & Legal
Assessor's Map #: 25
Assessor's Parcel #: 24
Assessor Parcel Ltr: A
Add'l Parcels: Yes
Tax Municipality: Maricopa - COUNTY
Taxes: 1281
Legal: ESTRELLA RANCHO LT 9 W2 EX N 130' & EX S 135'
Marketing Name: ESTRELLA RANCHO APTS
Map Code/Grid: R34
House Number: 728
Compass: E
Street Name: Apollo
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85042
Zip4: 4340
Country: US
County Code: Maricopa
Subdivision: ESTRELLA RANCHO
Assessor Number: 114-25-024-A
Tax Year: 2018
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 0
Lot Size Dimensions: 100x135
Total # of Units: 2
Elementary School District: Roosevelt Elementary District
High School District: Phoenix Union High School District
Elementary School: Roosevelt Elementary School
Jr. High School: Roosevelt Elementary School
Year Built: 2007
Zoning: MM
Legal Info
Range: 3E
Section: 33
Township: 1N
Lot Number: 9
Project Type
Duplex: 1
Construction
Wood Frame: 1
Const - Finish
Stucco: 1
Roofing
Composition: 1
Floors
Ceramic Tile: 1
Carpet: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 700
Annual Land Lse Exp: 0
Annual Landscape Exp: 400
Annual Legal & Acctg: 0
Annual Maint Exp: 1200
Annual Mgmt Exp: 1200
Annual Trash Exp: 500
Annual Wtr/Swr Exp: 1000
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 1218
Operating Exp: 7499
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 22800
Pmt & Rate Info
Cap Rate: 6.8
Down Payment: 0
Equity: 225000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0
Showing Notification Methods
Text: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Central Air: 1
Exterior Amenities
Desert Landscaping: 1
Interior Features
Unfurnished: 1
Tenant Pays
Electricity: 1
Appliances Included
Disposal: 1
Refrigerator: 1
Free-Standing Range: 1
W/D Hookup: 1
Road Surface Type
Dirt: 1
Gravel: 1
Source of Fincl Data
Projected Proforma: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
>1 Space Per Unit: 1
Electric
City Electric: 1
Gas
None: 1
Owner Pays
Water: 1
Trash Collection: 1
New Financing
VA: 1
Conventional: 1
FHA: 1
Existing 1st Loan
Conventional: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
# 3 Bedroom Units: 2
Avg Rent: 0
Avg SqFt: 1111
# Baths: 2
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: FHA
Loan Years: 30
Closing Cost Split: Normal - N
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 4400
Seller Concession $/%: $
Remarks Misc
Cross Street: 7th Street & Southern
Directions: East on Apollo Rd. Property is on North side of Apollo; Not street facing.
Geo Lat: 33.386896
Geo Lon: -112.063058
Status Change Info
Off Market Date: 2019-10-11
Under Contract Date: 2019-08-24
Close of Escrow Date: 2019-10-18
Sold Price: $235,000
Income Expenses
Gross Annual Sch Inc: 24000
Net Operating Income: 15300
Property Features
Project Type: Duplex
Construction: Wood Frame
Const - Finish: Stucco
Roofing: Composition
Floors: Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Desert Landscaping
Interior Features: Unfurnished
Appliances Included: Free-Standing Range; Refrigerator; Disposal; W/D Hookup
Cooling: Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: City Electric
Gas: None
Parking Features: >1 Space Per Unit; Free
Road Surface Type: Gravel; Dirt
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity
Source of Fincl Data: Projected Proforma
Showing Notification Methods: Text
Lockbox Type: None
Existing 1st Loan: Conventional
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: VA; FHA; Conventional
Environmental: None
Listing Office: Grace CRE
Last Updated: May - 04 - 2026
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