$3,320,000
1457 E TAYLOR Street
Phoenix, AZ 85006
MLS# 6542383
Status: Closed
16 beds  |  16 baths


The Taylor - DJI_0280
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Property Description
Certificate of Occupancy anticipated in Mid April, 2023. The Taylor consists of 12 well-planned units in a trendy, midcentury building in the heart of Phoenix. The project features a unit mix of 3 studios, 5 one-bedroom / one-bathroom units, and 4 two-bedroom / two-bathroom units. The first floor units have private yards and the second and third floor units have balconies. There is also a community rooftop deck and nice outdoor amenity space with incredible views of the mountains to the northeast and Downtown Phoenix to the west. The midcentury architecture that has been incorporated in the plans is extremely popular in this gentrifying part of Phoenix. The units will offer a rare, more affordable option to tenants who are seeking a class A, brand new, attractive project at a price point

Details
Contract Info
Current Price: $3,320,000
Sold Price: $3,320,000
Status: Closed
List Date: 2023-04-10
Ownership: Fee Simple
Location, Tax & Legal
Map Code/Grid: Q34
House Number: 1457
Compass: E
Street Name: TAYLOR
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85006
Zip4: 3521
Country: US
County Code: Maricopa
Subdivision: GERMANIA PLACE LOTS 4-1115-19212231-36
Assessor Number: 116-18-121-A
Tax Year: 2022
General Property Description
Lot Size Dimensions: ~86x195
Year Built: 2023
Uncvrd Parking Spcs: 15
Total # of Units: 12
# of Buildings: 1
Zoning: R4
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Legal Info
Township: 1N
Range: 3E
Section: 4
Lot Number: 36
Efficiency Units
# Efficiency Units: 3
Avg SqFt: 444
# Baths: 1
1 Bedroom Units
# 1 Bedroom Units: 5
Avg SqFt: 578
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 4
Avg SqFt: 791
# Baths: 2
Structure
Bedrooms Total: 16
Bathrooms Total: 16
Sold Info
Loan Type: Other
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: %
Remarks Misc
Cross Street: 16th Street and Fillmore
Directions: West on Fillmore, South on 15th Street, West Taylor Street to property on South Side of the street.
Geo Lat: 33.453924
Geo Lon: -112.049668
Status Change Info
Off Market Date: 2023-06-08
Under Contract Date: 2023-04-24
Close of Escrow Date: 2023-06-27
Sold Price: $3,320,000
Property Features
Project Type: 5 - 12 Units
Construction: Wood Frame; Other
Const - Finish: Painted; Stucco; Other (See Remarks)
Roofing: Other
Floors: Other
Sale Includes: Land & Building
Community Features: No Pool; See Remarks
Exterior Amenities: Other (See Remarks)
Interior Features: Other (See Remarks)
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Washer/Dryer; Other
Heating: Other
Cooling: Other
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public
Electric: Individual Meter; Other (See Remarks)
Gas: Other (See Remarks)
Parking Features: Paved; Other
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity; Other (See Remarks)
Source of Fincl Data: Projected Proforma; Other (See Remarks)
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
New Financing: Other (See Remarks)
Environmental: Other (See Remarks)
Supplements
that is getting harder and harder to find. This is a rare, bite-sized new-construction investment opportunity in the heart of one of the fastest growing metroplexes in the country. The Taylor is a brand new, completed apartment project in central Phoenix The property is located just east of the heart of Downtown Phoenix. It is just over a mile to the stadium district, Roosevelt Row, and the ASU downtown campus. It is less than a mile from the nearest light rail station at 12th Street and Washington and approximately a half mile to the I-10 Freeway, giving residents easy access to all areas of metropolitan Phoenix. This location is as central as it gets and allows residents to enjoy, with ease, so much of what all parts of Phoenix have to offer. With many dining, shopping, and entertainment options, as well as multiple freeway access points and light rail stations within minutes, this property will prove to be a phenomenal development opportunity for someone who wants a fantastic property in a great, central location.

IDX
Listing Office: ABI Multifamily

Office Phone: 602-714-1400

Last Updated: June - 29 - 2023

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