Phoenix, AZ 85014,721 E SIERRA VISTA Drive #1-4
Phoenix, AZ 85014,721 E SIERRA VISTA Drive #1-4
Phoenix, AZ 85014,721 E SIERRA VISTA Drive #1-4
31
$620,000
$650,000
4.6%
Est.Price: ?

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721 E SIERRA VISTA Drive #1-4 Phoenix, AZ 85014

Est. payment /mo
SOLD DATE : 04/30/2020

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Key Details

Sold Price $620,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision East Orangewood Lot 23

MLS Listing ID 6050791

Sold Date 04/30/20

Maintenance Fees $2,000

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 1967

Annual Tax Amount $2,256

Tax Year 2019

Lot Dimensions IRR

Property Description

Madison on Sierra Vista is a four unit apartment community located off seventh Street and the heart of the Uptown Phoenix blooming boutique restaurant and bar scene. The exclusivity of this area due in part to the highly desirable historic neighborhood as well as the lack of a vacant developable land have maintained some of the highest barriers to sub market entry in greater Phoenix. Located 2 miles north west of the Biltmore Camelback employment Corridor, residents will have immediate access to one of the pre-eminent professional cores in Arizona. Developed in 1967, Madison on Sierra Vista is comprised of for one bedroom floor plans averaging 650 ft.². The community space and 50% of the interiors have been completely renovated. Future ownership will have the opportunity to renovate the remaining 50% of the units, which includes a potential two bedroom conversion in the largest unit, with an expected premium of $300 per month. Please see proforma in documents tab

Location

State AZ

County Maricopa

Community East Orangewood Lot 23

Zoning RES

Interior

Heating Individual

Cooling Individual

Flooring Other

Appliance FS OvenRange, Refrigerator, BI OvenRange

Exterior

Community Features No Pool

Roof Type See Remarks, Foam

Total Parking Spaces 6

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 161-05-146-A

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash

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Arizona Regional MLS (ARMLS)
Listed by Platinum Living Realty
Bought with HomeSmart

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Scott Graff

Agent | License ID: BRO38597000

+1(602) 989-7900

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