10630 N 16TH Avenue, 1-2, Phoenix, AZ 85029 (MLS# 6632781)

Current Price: $420,000 Sold Price: $420,000 Status: Closed List Date: 2023-11-20 Ownership: Fee Simple Subagents: Y Sub Agent $/%: % Buyer/Broker: Y Buyer Broker $/%: %

House Number: 10630 Compass: N Street Name: 16TH St Suffix: Avenue Unit #: 1-2 City/Town Code: Phoenix State/Province: AZ Zip Code: 85029 Zip4: 5770 Country: USA County Code: Maricopa Legal Description (Abbrev): LOT 17 DESERT COVE EXTENSION RESUB LOTS 20 & 21 11-20 MCR 007532 Subdivision: DESERT COVE EXTENSION RESUB LOTS 20 & 21 11-20 Assessor's Map #: 14 Assessor's Parcel #: 63 Add'l Parcels: No Assessor Number: 159-14-063 Legal: LOT 17 DESERT COVE EXTENSION RESUB LOTS 20 & 21 11-20 MCR 007532 Census Tract: 103615 Tax Municipality: Phoenix Taxes: 884 Tax Year: 2023 Marketing Name: Desert Cove

Lot Size Dimensions: 7783 Year Built: 1975 Total # of Units: 2 # of Buildings: 1 Zoning: R-1-4 Flood Zone: TBD Elementary School: Washington Elementary School - Phoenix Jr. High School: Washington Elementary School - Phoenix High School: Sundance Elementary - Buckeye Elementary School District: Washington Elementary District High School District: Glendale Union High School District

Cross Street: Peoria Ave. and 19th Ave. Directions: N. - on 19th Ave. from Peoria. E- Sahuaro Dr. S- 16th Ave to duplex building on the right side. Geo Lat: 33.583244 Geo Lon: -112.094775

Status Change Date: 2024-02-24 Off Market Date: 2024-02-24 Under Contract Date: 2024-01-19 Close of Escrow Date: 2024-02-23 Sold Price: $420,000

Township: 3N Range: 3E Section: 19 Lot Number: 17

Annual Ins Exp: 650 Annual Mgmt Exp: 1610 Annual Wtr/Swr Exp: 1360 Owner Association: No Operating Exp: 4504 Gross Annual Sch Inc: 27744 Adjusted Gross Inc: 27744 Totl Mnth Rntal Inc: 2312 Net Operating Income: 23569

Cap Rate: 5.55 Equity: 425000

# 2 Bedroom Units: 2 Avg Rent: 1156 Avg SqFt: 756 # Baths: 1

Loan Type: VA Loan Years: 30 Payment Type: Fixed Closing Cost Split: Normal - N Buyer Concession $/%: $ Seller Concession to Buyer: 10000 Seller Concession $/%: $

Project Type: Duplex Construction: Block Const - Finish: Painted Roofing: Comp Shingle Floors: Vinyl; Wood Sale Includes: Land & Building Community Amenities: No Pool Exterior Amenities: Desert Landscaping; Fenced; Cable TV Available; Patio/Balcony; Separate Storage Interior Amenities: Unfurnished; Vertical Blinds; Mini Blinds Appliances Included: F/S Oven/Range; Refrigerator; W/D Hookup; Other (See Remarks) Heating: Individual; Central Cooling: Individual; Central A/C Water: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking: Carport; >1 Space Per Unit Roads/Streets: Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Electric; Gas; Cable TV Source of Fincl Data: Provided by Owner Showing Notification Methods: Text Lockbox Type: None 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: VA; FHA; Conventional; No Carry Reports/Disclosures: None Environmental: Other (See Remarks)