$3,575,000
1225 E THOMAS Road
Phoenix, AZ 85014
MLS# 5928893
37 beds  |  27 baths


BuildingPhoto-1
1 / 10
Property Description28 on Thomas is a 27 unit community built in 1959, and then extensively upgraded in 2015. The ''heavy lifting' of major capital improvements includes new roofs, new AC, new hot water heaters, plumbing and electrical. Ongoing interior upgrades include new kitchens - some with granite countertops, tile floors, and new appliances. The property has a new asphalt parking lot off Thomas Road as well as covered tenant parking at the rear of the buildings. The community features a diverse unit mix between two buildings, each comprised of spacious floor plans and solid block construction around a central grassy courtyard and on site laundry. The property is ideally located within minutes to a light rail station. There is also easy access to the Piestewa Freeway, Interstate 10 and Interstate 17.
Details
Contract Info
Current Price: $3,500,000
List Price: $3,575,000
Status: Closed
List Date: 2019-05-21
Ownership: Fee Simple
Location, Tax & Legal
Map Code/Grid: P34
House Number: 1225
Compass: E
Street Name: THOMAS
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
Country: US
County Code: Maricopa
Subdivision: SOUTH COUNTRY CLUB MANOR
Assessor Number: 117-21-006-A
Tax Year: 2018
General Property Description
Lot Size Dimensions: .70
Year Built: 1959
Total # of Units: 27
# of Buildings: 2
Zoning: R5
Elementary School District: Osborn Elementary District
High School District: Phoenix Union High School District
Legal Info
Township: 2N
Range: 3E
Section: 33
Lot Number: 6
Efficiency Units
# Efficiency Units: 1
Avg Rent: 685
Avg SqFt: 660
# Baths: 1
1 Bedroom Units
# 1 Bedroom Units: 16
Avg Rent: 782
Avg SqFt: 748
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 10
Avg Rent: 975
Avg SqFt: 925
# Baths: 1
Structure
Bedrooms Total: 37
Bathrooms Total: 27
Sold Info
Loan Type: Conventional
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Remarks Misc
Directions: From 51 South, take Thomas Rd exit west. Property is on south side of street.
Geo Lat: 33.479911
Geo Lon: -112.054941
Status Change Info
Off Market Date: 2019-09-05
Under Contract Date: 2019-06-19
Close of Escrow Date: 2019-09-05
Sold Price: $3,500,000
Property Features
Project Type: 25 - 50 Units
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Green Landscaping; Fenced
Appliances Included: Dishwasher; Microwave; Free-Standing Range
Heating: Individual
Cooling: Individual
Water Source: Master Meter
Sewer: Sewer - Public
Electric: Individual Meter
Gas: None
Parking Features: Carport
Road Surface Type: Asphalt
Owner Pays: Water; Sewer
Tenant Pays: Electricity
Source of Fincl Data: Other (See Remarks)
Existing 1st Loan: 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: Other (See Remarks)
New Financing: Other (See Remarks)
Environmental: None
IDX
Listing Office: REI Marketing

Last Updated: September - 06 - 2019

Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.


Ask a Question

1 / 1
Call Now