$4,800,000
4422 N 14TH Street 1-10
Phoenix, AZ 85014
MLS# 6593843
Status: Closed

14th Front
  1 / 18  
14th Front 14th_st_01 Open Kitchen 2 Updated appliances 14th_st_07 14th_st_16 14th_st_17 14th_st_15 14th_st_14 14th_st_13 14th_st_03 14th_st_04 14th_st_06 14th_st_05 14th_st_10 14th_st_09 14th_st_08 14th_st_11

Property Description
Upgraded Newer construction townhomes in a convenient Central Phoenix location! High end finishes throughout this wonderful open floorplan !Large kitchen with quartz countertops, stainless steel appliances and lots of cabinets! Large sliding door leads to the backyard patio area! Huge primary bedroom with sitting area and balcony. Gorgeous primary bath with large shower & quartz counters counters. The additional bedrooms are good sized and feature a large hall bath . Upgraded wood tile throughout plus an extra half bath! Nice size two car garage! Units are separately parceled which is great for favorable financing.

Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $4,800,000
Sold Price: $4,800,000
Status: Closed
List Date: 2023-08-16
Location, Tax & Legal
Unit #: 1-10
Assessor's Map #: 8
Legal Description (Abbrev): LOT 9 14TH STREET RESIDENCES MCR 151930
Assessor's Parcel #: 194
Add'l Parcels: Yes
Tax Municipality: Phoenix
Census Tract: 108602
Taxes: 33000
Legal: Lots 1-10 14TH STREET RESIDENCES
Marketing Name: 14th street Residences
House Number: 4422
Compass: N
Street Name: 14TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
Country: US
County Code: Maricopa
Subdivision: 14TH STREET RESIDENCES
Assessor Number: 155-08-194
Tax Year: 2022
General Property Description
# of Buildings: 4
Uncvrd Parking Spcs: 0
Lot Size Dimensions: unknown
Flood Zone: No
Total # of Units: 10
Elementary School District: Madison Elementary District
High School District: Phoenix Union High School District
Elementary School: Madison Camelview Elementary
Jr. High School: Madison Park School
High School: North High School
Year Built: 2021
Zoning: R-3
Legal Info
Range: 3E
Section: 21
Township: 2N
Lot Number: 9
Project Type
5 - 12 Units: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Foam: 1
Floors
Ceramic Tile: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 500
Annual Ins Exp: 4848
Annual Landscape Exp: 4800
Annual Wtr/Swr Exp: 120
Owner Association: Yes
Annual Ownr Asoc Fee: 0
Operating Exp: 43268
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 306000
Pmt & Rate Info
Cap Rate: 5.35
Equity: 4999900
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Ceiling Fan(s): 1
Electric: 1
Exterior Amenities
Landscape Water System: 1
Security Light(s): 1
Tenant Pays
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Built-In Range: 1
Washer/Dryer: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
Individual Meter: 1
Sewer
Sewer-In & Connected: 1
Parking Features
Garage: 1
Electric
APS: 1
Gas
None: 1
Owner Pays
Landscaping: 1
New Financing
Conventional: 1
1031 Exchange: 1
Reports/Disclosures
Other (See Remarks): 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
# 3 Bedroom Units: 10
Avg Rent: 2595
Avg SqFt: 1809
# Baths: 3
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: %
Remarks Misc
Cross Street: 16th and Campbell
Directions: 16th street south to Campbell Avenue, Turn right west into Campbell Avenue. Turn left south on to 14th street to property on right (west) side of the Street.
Geo Lat: 33.500642
Geo Lon: -112.05244
Status Change Info
Off Market Date: 2024-01-31
Under Contract Date: 2023-12-18
Close of Escrow Date: 2024-02-02
Sold Price: $4,800,000
Income Expenses
Gross Annual Sch Inc: 306000
Net Operating Income: 267508
Property Features
Project Type: 5 - 12 Units
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Foam
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Landscape Water System; Security Light(s)
Appliances Included: Built-In Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Cooling: Ceiling Fan(s); Electric
Water Source: Individual Meter
Sewer: Sewer-In & Connected
Electric: APS
Gas: None
Parking Features: Garage
Road Surface Type: Asphalt
Owner Pays: Landscaping
Tenant Pays: Water; Sewer; Electricity; Trash Collection; Cable TV
Source of Fincl Data: Owner
Lockbox Type: None
New Financing: Conventional; 1031 Exchange
Environmental: None
IDX
Listing Office: Realty ONE Group

Last Updated: February - 03 - 2024

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