$4,250,000
Phoenix, AZ 85032
MLS# 5442533
Status: Closed
96 beds | 64 baths
1 / 9
Property Description
Fernwood Court Condominiums is a private gated community, built in 2010. Consisting of 32-units, each unit has detached 2- car garage, and individually metered.
Details
Contract Info
Current Price: $4,250,000
Sold Price: $4,250,000
Status: Closed
List Date: 2016-05-13
Ownership: Fee Simple
Location, Tax & Legal
Map Code/Grid: L35
House Number: 15430
Compass: N
Street Name: 25TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85032
Zip4: 8044
Country: US
County Code: Maricopa
Subdivision: FERNWOOD COURT CONDOMINIUMS
Assessor Number: 214-40-493
Tax Year: 2015
General Property Description
Lot Size Dimensions: 2.21 Acres
Year Built: 2010
Total # of Units: 32
# of Buildings: 8
Zoning: R-3
Elementary School District: Paradise Valley Unified District
High School District: Paradise Valley Unified District
Legal Info
Township: 3N
Range: 3E
Section: 2
Lot Number: 216
3 Bedrooms Units
# 3 Bedroom Units: 32
Avg Rent: 950
Avg SqFt: 1110
# Baths: 2
Structure
Bedrooms Total: 96
Bathrooms Total: 64
Contact Info
List Agent Home Phn: 480-887-0640
Sold Info
Loan Type: Conventional
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Remarks Misc
Geo Lat: 33.62765
Geo Lon: -112.029111
Status Change Info
Off Market Date: 2016-06-23
Under Contract Date: 2016-06-23
Close of Escrow Date: 2016-08-31
Sold Price: $4,250,000
Income Expenses
Net Operating Income: 227246
Property Features
Project Type: 25 - 50 Units
Construction: Wood Frame
Const - Finish: Stucco
Roofing: Tile
Floors: Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Desert Landscaping; Fenced
Interior Features: Unfurnished
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Microwave; Washer/Dryer
Cooling: Individual
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: None
Parking Features: Garage; >1 Space Per Unit
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity; Cable TV
Source of Fincl Data: Owner; Projected Proforma
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Conventional; Owner May Carry; 1031 Exchange
Environmental: None
Listing Office: Orion Investment Real Estate
Office Phone: 480-634-6934
Office Email: [email protected]
Last Updated: September - 01 - 2016
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