$3,150,000
16645 N 31st StreetPhoenix, AZ 85032
MLS# 5412966
97 beds | 57 baths
1 / 9
Property DescriptionParadise Place is a 57-unit, garden-style apartment community located in a desirable north/central Phoenix neighborhood. Built in 1985 the property is made of block construction with pitched composition shingle roofs, and is individually-metered for electricity.
Details
Contract Info
Current Price: $3,150,000
List Price: $3,150,000
Status: Closed
List Date: 2016-03-14
Ownership: Fee Simple
Location, Tax & Legal
Map Code/Grid: L35
House Number: 16645
Compass: N
Street Name: 31st
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85032
Country: US
County Code: Maricopa
Assessor Number: 214-31-009
Tax Year: 2015
General Property Description
Lot Size Dimensions: 94090
Year Built: 1985
Uncvrd Parking Spcs: 25
Total # of Units: 57
# of Buildings: 4
Zoning: R-4
Elementary School District: Paradise Valley Unified District
High School District: Paradise Valley Unified District
1 Bedroom Units
# 1 Bedroom Units: 17
Avg Rent: 550
Avg SqFt: 560
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 40
Avg Rent: 650
Avg SqFt: 720
# Baths: 1
Structure
Bedrooms Total: 97
Bathrooms Total: 57
Income & Expenses
Net Operating Income: 218,248
Contact Info
List Agent Home Phn: 602-735-5634
Sold Info
Loan Type: Cash
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Remarks Misc
Geo Lat: 33.638548
Geo Lon: -112.015205
Status Change Info
Off Market Date: 2016-09-01
Under Contract Date: 2016-06-22
Close of Escrow Date: 2016-08-31
Sold Price: $3,150,000
Legal Info
Lot Number: 9
Property Features
Project Type: 51 - 99 Units
Construction: Slump Block
Const - Finish: Painted
Roofing: Composition
Floors: Vinyl; Wood
Sale Includes: Land & Building
Community Features: Pool; Play Area; Barbecue
Exterior Amenities: Desert Landscaping; Patio/Balcony
Interior Features: Vertical Blinds
Appliances Included: Microwave; Refrigerator; Free-Standing Range
Heating: Individual
Cooling: Individual
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public
Electric: Individual Meter
Gas: Master Meter
Parking Features: Carport; Paved
Road Surface Type: Asphalt
Owner Pays: Water; Sewer; Gas
Tenant Pays: Electricity
Source of Fincl Data: Owner
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: Conventional
Environmental: None
Listing Office: CBRE, Inc
Last Updated: September - 01 - 2016
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