$125,000
$115,000
8.7%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
863 SqFt
SOLD DATE : 04/09/2021
Key Details
Sold Price $125,000
Property Type Condo
Sub Type Apartment Style/Flat
Listing Status Sold
Purchase Type For Sale
Square Footage 863 sqft
Price per Sqft $144
Subdivision Olive 66 Condominiums 1St Amd
MLS Listing ID 6210376
Sold Date 04/09/21
Style Contemporary
Bedrooms 2
HOA Fees $200/mo
HOA Y/N Yes
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1985
Annual Tax Amount $432
Tax Year 2020
Lot Size 864 Sqft
Acres 0.02
Property Description
Attention Investors. First floor 2 bedroom unit in well maintained gated community. Return on investment is currently almost 8% cash on cash. Appreciation has averaged 16% the last several years creating a total return of about 24% per year. HOA dues are reasonably priced at $200 per month. Several upgrades to the complex are currently being completed (roofs, gutters, sidewalks). Close to shopping and the light rail. Long term tenant has lease until August 31 at $950 per month. She would be interested in staying. Tenant's rights so please give 24 hour notice for showings. Buyer should confirm all details in the listing.
Location
State AZ
County Maricopa
Community Olive 66 Condominiums 1St Amd
Direction South on 17th Ave from Glendale. At Ocotillo take first right into parking lot or park on 17th Ave. Enter through north gate.
Rooms
Den/Bedroom Plus 2
Separate Den/Office N
Interior
Interior Features Eat-in Kitchen, High Speed Internet, Granite Counters
Heating Electric
Cooling Refrigeration
Flooring Carpet, Laminate, Tile
Fireplaces Number No Fireplace
Fireplaces Type None
Fireplace No
SPA None
Laundry Wshr/Dry HookUp Only
Exterior
Exterior Feature Private Yard, Storage
Parking Features Assigned
Carport Spaces 1
Fence Block
Pool None
Community Features Gated Community, Community Pool, Near Light Rail Stop, Near Bus Stop, Coin-Op Laundry
Utilities Available SRP
Amenities Available Management
Roof Type Built-Up
Private Pool No
Building
Lot Description Gravel/Stone Front
Story 1
Builder Name Unknown
Sewer Sewer in & Cnctd, Public Sewer
Water City Water
Architectural Style Contemporary
Structure Type Private Yard,Storage
New Construction No
Schools
Elementary Schools Maryland Elementary School
Middle Schools Maryland Elementary School
High Schools Glendale High School
School District Glendale Union High School District
Others
HOA Name Northwest Valley
HOA Fee Include Roof Repair,Insurance,Sewer,Trash,Water,Roof Replacement,Maintenance Exterior
Senior Community No
Tax ID 156-45-413
Ownership Condominium
Acceptable Financing Cash
Horse Property N
Listing Terms Cash
Financing Carryback
Special Listing Condition Owner/Agent
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