$1,950,000

3524 W Dunlap Ave Unit 112 Phoenix, AZ 85051

North Mountain Village Neighborhood

Estimated payment $11,604/month

Total Views 2,061
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Heating Available
  • 5-minute walk to Cortez Park
  • Ceramic Tile Flooring

About This Home

Total 15 units of townhomes all 2 bedrooms/1.5bathroom in a community of total 99 units of Dunlap Condominiums, large 1108sqft for each unit, all units rented, each unit with Washer/Dryer, individual water heater and HVAC, Tenant pay for electricity. Average rent $1200 to 1500 for each unit in this community. HOA fee $300 each covering insurance, common area maintenance, and water, sewer, trash.

Listing Agent

Zongfu Li

Lichi Investment, LLC License #BR578246000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,640

Year Built

  • Built in 1974

Lot Details

  • Additional Parcels

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Block Exterior
  • Stucco

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 10 Open Parking Spaces
  • 25 Parking Spaces
  • Carport

Schools

  • Cortez High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 112
  • Assessor Parcel Number 149-39-478

Community Details

Overview

  • 10 Buildings
  • 15 Units
  • Building Dimensions are 700sqft
  • Dunlap Condominums Subdivision

Building Details

  • Operating Expense $87,640
  • Gross Income $239,400
  • Net Operating Income $151,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,640

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Cross Street: 35th Ave and Dunlap
  • Legal Info Range: 2E
  • Property Type: Multiple Dwellings
  • Zoning: residential
  • Number Of Buildings: 10
  • Ownership: Fee Simple
  • Year Built: 1974
  • Tax Year: 2024
  • Directions: Behind the car wash
  • Road Surface Type: Asphalt
  • Professional Management Expense: 10000.0
  • Subdivision Name: DUNLAP CONDOMINUMS
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Stucco, Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 15.0
  • Parking Features: Add'l Parking Avail, 1 Space/Unit, Carport
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 25.0
  • General Property Description:Covered Parking Spcs: 15.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 25.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: SRP
  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Vertical Blinds2: Yes

Schools

  • High School: Cortez High School
  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: 700sqft
  • Additional Parcels: Yes
  • Parcel #: 149-39-478

Multi Family

  • Owner Pays: None
  • Number Of Units Total: 15
  • Electric Expense: 1000.0
  • Annual Gross Income: 239400.0
  • Insurance Expense: 4000.0
  • Maintenance Expense: 10000.0
  • Property Net Operating Income: 151760.0
  • Annual Operating Expense: 87640.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 8640.0
  • Tax Book Number: 149.00
  • Tax Lot: 112

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $440 $3,595 -- --
2024 $432 $3,424 -- --
2023 $432 $8,350 $1,670 $6,680
2022 $418 $6,630 $1,320 $5,310
2021 $423 $6,730 $1,340 $5,390
2020 $412 $5,660 $1,130 $4,530
2019 $405 $4,410 $880 $3,530
2018 $394 $3,500 $700 $2,800
2017 $259 $3,010 $600 $2,410
2016 $255 $2,920 $580 $2,340
2015 $236 $2,310 $460 $1,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2025 03/17/25 For Sale $1,950,000 +85.7% --
12/01/2024 12/01/24 Price Changed $1,050,000 -4.5% --
10/31/2024 10/31/24 For Sale $1,100,000 0.0% --
02/01/2022 02/01/22 Rented $1,195 0.0% --
01/20/2022 01/20/22 For Rent $1,195 0.0% --
01/17/2022 01/17/22 Rented $1,195 0.0% --
01/03/2022 01/03/22 For Rent $1,195 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed -- Pioneer Title
Warranty Deed $130,000 Wfg National Title Insurance C
Warranty Deed $89,000 Wfg National Title Insurance C
Cash Sale Deed $65,000 Security Title Agency
Cash Sale Deed $45,000 Security Title Agency
Cash Sale Deed $7,500 Clear Title Agency
Cash Sale Deed $5,000 First Arizona Title Agency
Cash Sale Deed $10,500 Great American Title Agency
Trustee Deed $92,000 Great American Title Agency
Warranty Deed $93,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,200,000 New Conventional
Closed $1,980,000 New Conventional
Previous Owner $83,700 Purchase Money Mortgage
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6836688

Arizona Regional Multiple Listing Service (ARMLS)

APN: 149-39-478

Arizona Maricopa County Phoenix 85051 North Mountain Village

3524 W Dunlap Ave Unit 112, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 3524 W Dunlap Ave Unit 112, Phoenix, AZ 85051 and is currently priced at $1,950,000. This property was built in 1974. 3524 W Dunlap Ave Unit 112 is a home located in Maricopa County with nearby schools including Cactus Wren Elementary School, Cholla Middle School, and Cortez High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

Listing Agent
Zongfu Li
Section Image
Lichi Investment, LLC
(480) 248-4618