$5,250,000
SOLD SEP 10, 2024
-- Bed
-- Bath
1,728 Sq Ft
1981 Built

Recently Sold

$3,038 Per Sq Ft

5% Below List Price

156 Days on Market

Highlights

  • Heated Community Pool
  • Cooling Available
  • Ceramic Tile Flooring
  • Phoenix Coding Academy Rated A
  • Community Barbecue Grill
  • Ceiling Fan

About This Home

As of September 2024

This home is located at 1826 N 51st St, Phoenix, AZ 85008 and is currently priced at $5,250,000, approximately $3,038 per square foot. This property was built in 1981. 1826 N 51st St is a home located in Maricopa County with nearby schools including Griffith Elementary School, Camelback High School, and Phoenix Coding Academy.

Last Agent to Sell the Property

Royce Munroe

Munroe Multifamily License #BR512795000

Munroe Multifamily

Last Buyer's Agent

Samir Sawhney

XCD Realty & Property Mgmt License #BR645393000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,022

Year Built

  • Built in 1981

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 23 Open Parking Spaces
  • 48 Parking Spaces
  • 25 Covered Spaces

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Additional Features

  • Ceiling Fan
  • Additional Parcels

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for trash collection, water, sewer
  • Tax Lot 4
  • Assessor Parcel Number 126-20-006-B

Community Details

Overview

  • 7 Buildings
  • 29 Units
  • Building Dimensions are unknown

Amenities

  • Community Barbecue Grill

Recreation

  • Heated Community Pool

Building Details

  • Operating Expense $13,022
  • Gross Income $488,271
  • Net Operating Income $381,067

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,022

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 7
  • Ownership: Fee Simple
  • Year Built: 1981
  • Tax Year: 2023
  • Road Surface Type: Asphalt
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: F/S Oven/Range, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood, Slump Block
  • Roof: Composition
  • Construction:Frame - Wood: Yes
  • Construction:Slump Block: Yes

Garage/Parking

  • Total Covered Spaces: 25.0
  • Parking Features: Paved Parking, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 23.0
  • Total Parking Spaces: 48.0
  • General Property Description:Covered Parking Spcs: 25.0
  • General Property Description:Uncvrd Parking Spcs: 23.0
  • General Property Description:Total Parking Spcs: 48.0
  • Parking:_greater_1 Space Per Unit: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Individual, Electric, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: See Remarks, Barbecue, Pool

Association/Amenities

  • Community Amenities:Pool2: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Community Amenities:Barbecue: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: unknown
  • Additional Parcels: Yes
  • Parcel #: 126-20-006-B

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity
  • Number Of Units Total: 29
  • Annual Gross Income: 488270.64
  • Property Net Operating Income: 381067.0
  • Annual Operating Expense: 13022.0
  • Vacancy Allowance Rate: 0.12

Tax Info

  • Tax Annual Amount: 13022.0
  • Tax Book Number: 126.00
  • Tax Lot: 4

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2024 09/10/24 Sold $5,250,000 0.0% $3,038 / Sq Ft
06/04/2024 06/04/24 Off Market $5,250,000 -- --
01/16/2024 01/16/24 For Sale $5,500,000 -- $3,183 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6651091

Arizona Regional Multiple Listing Service (ARMLS)