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16243 N 31 Street, Phoenix, AZ 85032

$3,200,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $3,200,000 Last Modified: 8/29/2023

More Information MLS# 6569361

Contract Info

Current Price: $3,200,000 Sold Price: $3,200,000 Status: Closed List Date: 2023-06-14 Ownership: Fee Simple

Location Tax Legal

Map Code/Grid: L35 House Number: 16243 Compass: N Street Name: 31 St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85032 Country: USA County Code: Maricopa Assessor Number: 214-31-018-C Tax Year: 2022

General Property Description

Lot Size Dimensions: 47154 Year Built: 1981 Uncvrd Parking Spcs: 40 Total # of Units: 16 # of Buildings: 8 Zoning: R-3 Elementary School District: Paradise Valley Unified District High School District: Paradise Valley Unified District

Remarks Misc

Geo Lat: 33.635404 Geo Lon: -112.015052

Status Change Info

Status Change Date: 2023-08-29 Off Market Date: 2023-07-27 Under Contract Date: 2023-06-28 Close of Escrow Date: 2023-08-28 Sold Price: $3,200,000

Legal Info

Lot Number: 18

Income Expenses

Gross Annual Sch Inc: 231795 Net Operating Income: 182455

2 Bedroom Units

# 2 Bedroom Units: 16 Avg Rent: 1327 Avg SqFt: 750 # Baths: 16

Sold Info

Loan Type: Other Loan Years: 10 Payment Type: Other Closing Cost Split: Normal - N Buyer Concession $/%: % Seller Concession $/%: %

Property Features

Project Type: 13 - 24 Units Construction: Block Const - Finish: Painted; Stucco Roofing: Tile Floors: Vinyl; Wood Sale Includes: Land & Building Community Amenities: No Pool Exterior Amenities: Green Landscaping; Desert Landscaping Interior Amenities: Unfurnished Appliances Included: BI Oven/Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Heating: Ceiling; Individual Cooling: Ceiling Fan(s); Electric; Individual Water: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Parking: >1 Space Per Unit Owner Pays: Water Tenant Pays: Electric Source of Fincl Data: Provided by Owner Showing Notification Methods: Text Lockbox Type: None New Financing: FHA; Conventional; 1031 Exchange Environmental: None
Listing Office: Marcus & Millichap
Last Updated: August - 29 - 2023
16243 N 31 Street, Phoenix, AZ 85032- MLS# 6569361
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