6801 N 17TH Avenue $1,870,000

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    6801 N 17TH Avenue Phoenix, AZ 85015

    Closed
    SOLD 3/5/2020

    $1,870,000

    • 0 Beds
    • 0 Baths
    • MultiFamily
    • MLS# 6028452
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    Views: 11

    Property Details

    Seven of the units at Agave have gone through extensive interior renovations (approximately$25,000 per unit in capital expense). Additionally, the landscaping, windows,sliders, security gating andlighting systems have all been updated in 2019.Agave is located 0.25 miles from a Fry's-anchoredretail center and the Valley Metro Light Rail, 1.5mile from Abrazo CentralCampus and ChristownSpectrum Mall and centrally located between theI-17 Deer Valley Corridor, Camelback and CentralAvenue Corridor.New ownership will have the opportunity to renovate the remaining four classic units and bring them up to marketrents benefiting from a$250 renovation premium.Further, new ownership can incorporate a utilityrecapture of $35 per unit based on market comps.

    • General Features
      • Assessor Book # 156.00
      • Assessor Map # 44.00
      • Assessor Number 156-44-014
      • Assessor Parcel # 14.00
      • Community Amenities No Pool
      • County Maricopa
      • Covered Parking Spcs 11.00
      • Cross Street 17
      • Directions Glendale Ave to 17th Ave, South to property
      • Gas SW Gas
      • List Date 2020-01-22
      • Marketing Name Agave
      • New Financing Other (See Remarks)
      • Off Market Date 2020-02-20
      • Parking Paved Parking, Carport, >1 Space Per Unit
      • Project Type 5 - 12 Units
      • Roofing Error: ClassID in tblMLSFieldPropertyType is null.
      • Subdivision MARYLAND SANDS 1 LOTS 11-34
      • Tax Municipality Phoenix
      • Tax Year 2019
      • Taxes $4,350
      • Total Units 11.00
      • Type ER
      • Uncvrd Parking Spcs 7.00
      • Year Built 1966
      • Zoning R-4
    • Building Features
      • Construction Block
      • Appliances Included F/S Oven/Range, Refrigerator, Dishwasher, Disposal, Microwave, Washer/Dryer
      • Floors Other (See Remarks), Vinyl/Composition
      • Cooling Central A/C, Individual
      • Heating Individual, Ceiling Fan(s)
      • Interior Amenities Unfurnished, Vertical Blinds, Fire/Smoke Alarm(s), Mini Blinds
    • Room Features
      • # 1 Bedroom Units 0
      • 1 Bedroom Units: Avg Rent 0.00
      • 1 Bedroom Units: Avg SqFt 0
      • 1 Bedroom Units: # Baths 0
      • # 2 Bedroom Units 11
      • 2 Bedroom Units: # Baths 2
      • 2 Bedroom Units: Avg Rent 1179.00
      • 2 Bedroom Units: Avg SqFt 945
      • # 3 Bedroom Units 0
      • 3 Bedroom Units: Avg SqFt 0
      • 3 Bedrooms Units: # Baths 0
      • 3 Bedrooms Units: Avg Rent 0.00
      • # 4 Bedroom Units 0
      • 4 Bedrooms Units: # Baths 0
      • 4 Bedrooms Units: Avg Rent 0.00
      • 4 Bedroom Units: Avg SqFt 0
    • Property Features
      • Efficiency Units: # Efficiency Units 0
      • Efficiency Units: # Baths 0
      • Efficiency Units: Avg SqFt 0
      • Efficiency Units: Avg Rent 0.00
      • Legal Info: Township 7
      • Tenant Pays Electric
      • Ownership Fee Simple
      • Owner Pays Water, Sewer
      • Income & Expenses: Net Operating Income 102323.00
      • Income & Expenses: Gross Annual Sch Inc 155700.00
      • Income & Expenses: Adjusted Gross Inc 147915.00
      • Legal Info: Range 3E
      • Legal Info: Lot Number 40
      • Total Parking Space 18.00
      • Number of Buildings 3
      • Electric SRP
      • Exterior Amenities Desert Landscaping, Partially Fenced, Security Light(s)
      • Lot Size Dimensions 181 x 150
      • Sewer Sewer - Public
      • Water Master Meter
    • Schools
      • School District 205

    Neighborhood

    85015 (Phoenix) Demographics

    32 Median Age
    7,952 Population Density (per sq. mile)
    25% College Educated
    $30,661 Estimated Median Income
    5,114 Estimated Total Home Owners
    9,490 Estimated Total Renters
    35% / 65% Estimated Owner / Renter Divide
    10 Estimated Average Household Size
    38,829 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $253,500 Median Sales Price
    48 Homes Sold
    55 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        3/5/2020 12:00:00 AM Sold Source New Value: $1,870,000
        2/20/2020 11:24:10 AM Status Changed Source New Value: Pending
        *This Payment Calculator is intended for educational and planning purposes only.
        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 4/1/2020 1:59:21 PM. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.