$560,000
$515,000
8.7%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
2,253 SqFt
SOLD DATE : 09/30/2022
Key Details
Sold Price $560,000
Property Type Single Family Home
Sub Type Single Family - Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,253 sqft
Price per Sqft $248
Subdivision Cavalier Freeway North Unit 2
MLS Listing ID 6456727
Sold Date 09/30/22
Bedrooms 4
HOA Y/N No
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1970
Annual Tax Amount $2,218
Tax Year 2021
Lot Size 9,553 Sqft
Acres 0.22
Property Description
Full renovation completed on this 5 STAR Airbnb property in North Phoenix! Quite neighborhood and great neighbors plus NO HOA! Long list of Expensive Upgrades in last 3 years including:Pool resurfaced and retiled, New pool pump, plumbing and gas heater installed (with permit), New Solar, New Electrical Panel, Major plumbing supply and drain lines, New flooring, windows, doors and light fixtures! Hidden floor safe and Ring Doorbell, Privacy and shade structures throughout the backyard, Gazebo, Patio and Composite Decking, Palm, Lemon, Orange trees, accent lighting and turf ,Property was specifically designed to create a vacation feel and guest friendly experience, This property is 100% built and booked out on Airbnb.
New owner has option to cancel reservations. Owner built like he was NEVER selling! Tens of thousands of dollars over 3 years to get it just right.
Family illness prompting sudden move out of state. Selling at considerable loss.
This is not a thrown together flip with marginal workmanship and materials. It was built to last and withstand Airbnb occupancy.
2021 GROSS INCOME: $92,075
2022 GROSS INCOME TO DATE: $71,448 So on track to exceed $100K this year.
September and October already have $13,458 in reservations booked with a few dates left!
Estimated rate for Super Bowl Week in Feb 2023 on this property is $1,800/night Seller Carry option available with bare minimum $75k down on $550k seller carry purchase price
Location
State AZ
County Maricopa
Community Cavalier Freeway North Unit 2
Rooms
Other Rooms Great Room, Family Room
Den/Bedroom Plus 4
Separate Den/Office N
Interior
Interior Features Eat-in Kitchen, Breakfast Bar, Kitchen Island, 3/4 Bath Master Bdrm, Double Vanity, Granite Counters
Heating Electric
Cooling Refrigeration
Flooring Carpet, Laminate, Tile
Fireplaces Number No Fireplace
Fireplaces Type None
Fireplace No
Window Features Double Pane Windows
SPA None
Exterior
Exterior Feature Covered Patio(s), Gazebo/Ramada, Patio
Garage Spaces 2.0
Garage Description 2.0
Fence Block
Pool Private
Utilities Available City Electric, APS
Amenities Available Not Managed, None
Waterfront No
Roof Type Composition
Private Pool Yes
Building
Lot Description Sprinklers In Rear, Sprinklers In Front, Desert Front, Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Back, Auto Timer H2O Front
Story 1
Builder Name unk
Sewer Public Sewer
Water City Water
Structure Type Covered Patio(s),Gazebo/Ramada,Patio
New Construction Yes
Schools
Elementary Schools Tumbleweed Elementary School
Middle Schools Cholla Complex
High Schools Cortez High School
School District Glendale Union High School District
Others
HOA Fee Include No Fees
Senior Community No
Tax ID 149-36-116
Ownership Fee Simple
Acceptable Financing Conventional, FHA, Owner May Carry, VA Loan
Horse Property N
Listing Terms Conventional, FHA, Owner May Carry, VA Loan
Financing Cash
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7878 N 16th St Ste 130, Phoenix, Arizona, 85020, United States