$475,000
Phoenix, AZ 85018
MLS# 6676265
Status: Closed
3 beds | 2 baths

1 / 12












Property Description
Welcome home ready for immediate occupancy . **Location:** Located in a thriving neighborhood known for its convenience and amenities, this property sits amidst bustling shops, restaurants, and recreational facilities. Its proximity to major transportation routes ensures easy access to neighboring areas. **Property Type:** This property is meticulously designed to offer comfort and functionality.
Details
Maps
Contract Information
Sold Price: $475,000
Status: Closed
Current Price: $475,000
List Date: 2024-03-12
Type: Exclusive Right To Sell
Ownership: Condominium
Co-Ownership (Fractional) Agreement YN: No
Location Tax Legal
House Number: 2989
Compass: N
Street Name: 44TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85018
Zip4: 7309
County Code: Maricopa
Assessor Number: 127-05-118
Subdivision: ARCADIA GROVE CONDOMINIUM
Tax Year: 2023
General Property Description
Dwelling Type: Apartment
Dwelling Styles: Stacked
Exterior Stories: 3
# of Interior Levels: 1
# Bedrooms: 3
# Bathrooms: 2
Approx SQFT: 1648
Price/SqFt: 288.23
Horses: N
Builder Name: unk
Year Built: 2005
Approx Lot SqFt: 162
Community Pool Y/N: Yes
Private Pool Y/N: No
Elementary School District: Scottsdale Unified District
High School District: Scottsdale Unified District
Elementary School: Tavan Elementary School
Jr. High School: Ingleside Middle School
High School: Arcadia High School
Remarks Misc
Cross Street: 44th Street and Thomas Rd
Geo Lat: 33.481729
Geo Lon: -111.985709
Status Change Info
Off Market Date: 2025-02-20
Under Contract Date: 2025-01-21
Close of Escrow Date: 2025-02-20
Sold Price: $475,000
Legal Info
Township: 2N
Range: 4E
Section: 30
Lot Number: 2033
Basement
Basement Y/N: N
Parking Spaces
Garage Spaces: 2
Total Covered Spaces: 2
Showing Notification Methods
Showing Service: Aligned Showings
Contact Info
List Agent Home Phn: 928-581-8055
Sold Info
Loan Type: Conventional
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Special Listing Cond: N/A
Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Private Toilet Room
Additional Bedroom: 2 Master Bedrooms; Master Bedroom Walk-in Closet; Other Bedroom Walk-in Closet
Flooring: Carpet; Tile
Community Pool Features: Heated
Spa: None
Community Features: Clubhouse/Rec Room; Community Spa; Community Spa Htd; Gated; Near Bus Stop; Workout Facility
Dining Area: Dining in LR/GR
Kitchen Features: Range/Oven Elec; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Pantry; Granite Counters; Non-laminate Counter
Laundry: Washer Included; Dryer Included; Inside
Other Rooms: Great Room
Technology: Cable TV Avail; High Speed Internet
Exterior Features: Balcony; Covered Patio(s)
Construction: Wood Frame
Const - Finish: Stucco; Brick Veneer
Roofing: Concrete
Cooling: Central Air
Heating: Electric
Utilities: SRP
Water Source: City Water
Sewer: Sewer - Public
Services: City Services
Fencing: Wrought Iron
Property Description: North/South Exposure
Landscaping: None
Lockbox Type: None
Possession: Subject To Tenant Rights
Unit Style: All on One Level; Neighbor Above; End Unit
Association Fee Incl: Exterior Mnt of Unit; Roof Repair; Roof Replacement; Blanket Ins Policy; Water; Sewer; Garbage Collection; Common Area Maint; Street Maint
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; Conventional
Disclosures: Seller Discl Avail; Agency Discl Req
Supplements
**Tenant Situation:** Currently, all units are occupied by reliable tenants, providing a steady stream of rental income from day one. The presence of long-term tenants underscores the desirability and stability of this investment opportunity.
**Investment Potential:** With rental income already in place, this property presents an attractive proposition for savvy investors seeking immediate returns. Additionally, there's ample opportunity for value enhancement through strategic renovations or future rent adjustments in line with market trends.
**Financials:** Detailed financial information, including current rental income, expenses, and potential return on investment, will be provided upon request to serious investors.
**Opportunity for Growth:** Beyond its current rental income, this property offers potential for long-term growth and appreciation. As the surrounding area continues to develop and property values rise, investors stand to benefit from both rental yield and capital appreciation.
**Conclusion:** With tenants in place and promising prospects for growth, this investor special property represents a lucrative opportunity for those looking to expand their real estate portfolio. Don't miss out on the chance to secure a solid investment in a prime location.
Listing Office: Barrett Real Estate
Last Updated: March - 23 - 2025

Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.