Search

1457 E TAYLOR Street, Phoenix, AZ 85006

$3,320,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $3,320,000 Last Modified: 6/29/2023

Description

Certificate of Occupancy anticipated in Mid April, 2023. The Taylor consists of 12 well-planned units in a trendy, midcentury building in the heart of Phoenix. The project features a unit mix of 3 studios, 5 one-bedroom / one-bathroom units, and 4 two-bedroom / two-bathroom units. The first floor units have private yards and the second and third floor units have balconies. There is also a community rooftop deck and nice outdoor amenity space with incredible views of the mountains to the northeast and Downtown Phoenix to the west. The midcentury architecture that has been incorporated in the plans is extremely popular in this gentrifying part of Phoenix. The units will offer a rare, more affordable option to tenants who are seeking a class A, brand new, attractive project at a price point

Supplements: that is getting harder and harder to find. This is a rare, bite-sized new-construction investment opportunity in the heart of one of the fastest growing metroplexes in the country. The Taylor is a brand new, completed apartment project in central Phoenix The property is located just east of the heart of Downtown Phoenix. It is just over a mile to the stadium district, Roosevelt Row, and the ASU downtown campus. It is less than a mile from the nearest light rail station at 12th Street and Washington and approximately a half mile to the I-10 Freeway, giving residents easy access to all areas of metropolitan Phoenix. This location is as central as it gets and allows residents to enjoy, with ease, so much of what all parts of Phoenix have to offer. With many dining, shopping, and entertainment options, as well as multiple freeway access points and light rail stations within minutes, this property will prove to be a phenomenal development opportunity for someone who wants a fantastic property in a great, central location.

More Information MLS# 6542383

Contract Info

Current Price: $3,320,000 Sold Price: $3,320,000 Status: Closed List Date: 2023-04-10 Ownership: Fee Simple

Location Tax Legal

Map Code/Grid: Q34 House Number: 1457 Compass: E Street Name: TAYLOR St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85006 Zip4: 3521 Country: USA County Code: Maricopa Subdivision: GERMANIA PLACE LOTS 4-1115-19212231-36 Assessor Number: 116-18-121-A Tax Year: 2022

General Property Description

Lot Size Dimensions: ~86x195 Year Built: 2023 Uncvrd Parking Spcs: 15 Total # of Units: 12 # of Buildings: 1 Zoning: R4 Elementary School District: Phoenix Elementary District High School District: Phoenix Union High School District

Remarks Misc

Cross Street: 16th Street and Fillmore Directions: West on Fillmore, South on 15th Street, West Taylor Street to property on South Side of the street. Geo Lat: 33.453924 Geo Lon: -112.049668

Status Change Info

Status Change Date: 2023-06-29 Off Market Date: 2023-06-08 Under Contract Date: 2023-04-24 Close of Escrow Date: 2023-06-27 Sold Price: $3,320,000

Legal Info

Township: 1N Range: 3E Section: 4 Lot Number: 36

Efficiency Units

# Efficiency Units: 3 Avg SqFt: 444 # Baths: 1

1 Bedroom Units

# 1 Bedroom Units: 5 Avg SqFt: 578 # Baths: 1

2 Bedroom Units

# 2 Bedroom Units: 4 Avg SqFt: 791 # Baths: 2

Sold Info

Loan Type: Other Payment Type: Other Closing Cost Split: Normal - N Buyer Concession $/%: % Seller Concession $/%: %

Property Features

Project Type: 5 - 12 Units Construction: Frame - Wood; Other (See Remarks) Const - Finish: Painted; Stucco; Other (See Remarks) Roofing: Other (See Remarks) Floors: Other Sale Includes: Land & Building Community Amenities: No Pool; See Remarks Exterior Amenities: Other (See Remarks) Interior Amenities: Other (See Remarks) Appliances Included: F/S Oven/Range; Refrigerator; Dishwasher; Washer/Dryer; Other (See Remarks) Heating: Other Cooling: Other Water: City Franchise; Master Meter Sewer: Sewer - Public Electric: Individual Meter; Other (See Remarks) Gas: Other (See Remarks) Parking: Paved Parking; Other (See Remarks) Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electric; Other (See Remarks) Source of Fincl Data: Projected Proforma; Other (See Remarks) Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None New Financing: Other (See Remarks) Environmental: Other (See Remarks)
Listing Office: ABI Multifamily
Last Updated: June - 29 - 2023
1457 E TAYLOR Street, Phoenix, AZ 85006- MLS# 6542383
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.