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2000 N 36th Street, Phoenix, AZ 85008

$11,350,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $11,350,000 Last Modified: 9/21/2023

Description

Great infill location in Phoenix! Close to Biltmore Fashion Park, Phoenix Sky Harbor, ASU and much more. The Grove on Palm Lane consists of 42 townhome units that are all for-rent. The development consists of 42 two-story single-family homes comprised of 18 buildings of two semi-detached homes and six fully detached homes. There are 36 larger units of over 1,800 square feet with two-car garages and six units of over 1,600 square feet with a single car garage. The lot size is 49,500 square feet. The overall architecture of the exterior is a contemporary style and the interior has higher end finishes consisting of just under 10-foot main floor ceilings, maple/cherry cabinetry and larger trim for base and case. Construction now complete.

More Information MLS# 5831544

Contract Info

Current Price: $11,350,000 Sold Price: $11,350,000 Status: Closed List Date: 2018-10-10 Ownership: Fee Simple

Location Tax Legal

Map Code/Grid: P35 House Number: 2000 Compass: N Street Name: 36th St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85008 Country: USA County Code: Maricopa Subdivision: GROVE ON PALM LANE Assessor Number: 120-15-137 Tax Year: 2018

General Property Description

Lot Size Dimensions: 569' x 162' Year Built: 2018 Total # of Units: 42 # of Buildings: 18 Zoning: R-4 Elementary School District: Creighton Elementary District High School District: Phoenix Union High School District

Remarks Misc

Cross Street: 36th Street & Palm Lane Geo Lat: 33.470338 Geo Lon: -112.0042

Status Change Info

Status Change Date: 2018-12-28 Off Market Date: 2018-12-28 Under Contract Date: 2018-11-29 Close of Escrow Date: 2018-12-28 Sold Price: $11,350,000

Legal Info

Township: 2N Range: 3E Section: 36 Lot Number: 1-42

3 Bedrooms Units

# 3 Bedroom Units: 42 Avg Rent: 1860 Avg SqFt: 18230 # Baths: 25

Sold Info

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

Property Features

Project Type: 25 - 50 Units Construction: Block; Frame - Wood Const - Finish: Painted; Stucco Roofing: Other (See Remarks) Floors: Ceramic Tile; Carpet Sale Includes: Building(s) Only Community Amenities: No Pool Appliances Included: Other (See Remarks) Heating: Other; See Remarks Cooling: Other; See Remarks Water: City Franchise Sewer: Sewer - Public Electric: SRP Gas: Other (See Remarks) Parking: Garage; Street Parking; Attached Owner Pays: Other; See Remarks Tenant Pays: Water; Sewer; Electric; Trash; Cable TV Source of Fincl Data: Provided by Owner Existing 1st Loan: Treat as Free&Clear Existing 1st Ln Type: Not Applicable Existing 1st Ln Trms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Ln Type: Not Applicable Existing 2nd Ln Trms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Ln Type: Not Applicable Existing 3rd Ln Trms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Conventional Environmental: Other (See Remarks)
Listing Office: City to City Commercial
Last Updated: September - 21 - 2023
2000 N 36th Street, Phoenix, AZ 85008- MLS# 5831544
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