2540 W MARYLAND Avenue, Phoenix, AZ 85017
$4,999,950
Property Type: Multiple Dwellings Status: Closed
Current Price: $4,999,950 Last Modified: 9/02/2020
Overview
Description
Listing Details MLS# 4824545
Location, Tax & Legal
- Assessor's Map #
- 2
- Legal Description (Abbrev)
- MARIBELA CONDOMINIUMS
- Assessor's Parcel #
- 273
- Add'l Parcels
- Yes
- Tax Municipality
- Phoenix
- Census Tract
- 106801
- Taxes
- 36000
- Legal
- MARIBELA CONDOMINIUMS MCR 831-02
- Marketing Name
- Maribela Luxury Condos
Contract Info
- Ownership
- Fee Simple
General Property Description
- # of Buildings
- 12
- Uncvrd Parking Spcs
- 60
- Lot Size Dimensions
- Irregular
- Total # of Units
- 192
- Elementary School District
- Washington Elementary District
- High School District
- Glendale Union High School District
Legal Info
- Range
- 2E
- Section
- 12
Project Type
- 100+ Units
- Yes
Construction
- Wood Frame
- Yes
More Information
Const - Finish
- Painted
- Yes
- Stucco
- Yes
Roofing
- Foam
- Yes
Floors
- Wood
- Yes
- Ceramic Tile
- Yes
- Carpet
- Yes
Sale Includes
- Land & Building
- Yes
- Pool Equipment
- Yes
Income & Expenses
- Annual Elec Exp
- 8800
- Annual Gas Exp
- 1464
- Annual Ins Exp
- 12672
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 9600
- Annual Legal & Acctg
- 34000
- Annual Maint Exp
- 20477
- Annual Mgmt Exp
- 20000
- Annual Trash Exp
- 1848
- Annual Wtr/Swr Exp
- 36000
- Owner Association
- Yes
- Annual Ownr Asoc Fee
- 2340
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 0
- Operating Exp
- 183201
- Other Income
- 11400
- Vacancy Allowance
- 0.1
- Adjusted Gross Inc
- 913680
Pmt & Rate Info
- Cap Rate
- 10.08
- Down Payment
- 3600000
- Equity
- 4999950
- Down Payment %
- 60
- Monthly Payments
- 20000
- Total Owed
- 0
- Assessment Balance
- 0
Payment Includes
- Interest
- Yes
Community Features
- Pool
- Yes
- Spa(s)
- Yes
- Manager Res/Office
- Yes
- Barbecue
- Yes
Heating
- Electric
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Electric
- Yes
Exterior Amenities
- Landscape Water System
- Yes
- Desert Landscaping
- Yes
- Fenced
- Yes
- Patio/Balcony
- Yes
- Security Guard
- Yes
- Security Light(s)
- Yes
Interior Features
- Fire/Smoke Alarm(s)
- Yes
- Mini Blinds
- Yes
Tenant Pays
- Electricity
- Yes
Appliances Included
- Refrigerator
- Yes
- Built-In Range
- Yes
- Trash Compactor
- Yes
- Washer/Dryer
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Owner
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Carport
- Yes
- Free
- Yes
- >1 Space Per Unit
- Yes
Electric
- SRP
- Yes
Gas
- SW Gas
- Yes
Owner Pays
- Water
- Yes
- Trash Collection
- Yes
- Landscaping
- Yes
- Pool Maintenance
- Yes
New Financing
- Conventional
- Yes
- Owner May Carry
- Yes
Existing 1st Loan
- Private
- Yes
Existing 1st Loan Type
- Fixed
- Yes
Existing 1st Loan Terms
- Non Assumable
- Yes
- No Prepay Penalty
- Yes
Existing 2nd Loan
- Treat as Free&Clear
- Yes
Existing 2nd Loan Type
- Not Applicable
- Yes
Existing 2nd Loan Terms
- Not Applicable
- Yes
Existing 3rd Loan
- Treat as Free&Clear
- Yes
Existing 3rd Loan Type
- Not Applicable
- Yes
Reports/Disclosures
- Seller Prop Disc Stm
- Yes
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- None
- Yes
Existing Othr Ln Trm
- Not Applicable
- Yes
Contact Info
- List Agent Home Phn
- 602-615-6900
Efficiency Units
- Avg Rent
- 0
1 Bedroom Units
- # 1 Bedroom Units
- 46
- Avg Rent
- 480
- Avg SqFt
- 600
- # Baths
- Yes
2 Bedroom Units
- # 2 Bedroom Units
- 135
- Avg Rent
- 650
- Avg SqFt
- 700
- # Baths
- Yes
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Sold Info
- Loan Type
- Cash
- Closing Cost Split
- Normal - N
- Payment Type
- Other
- Buyer Concession to Seller
- 0
- Buyer Concession $/%
- $
- Seller Concession to Buyer
- 0
- Seller Concession $/%
- $
Listing Office: Realty USA Southwest
Last Updated: September - 02 - 2020
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