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5225 N 17th Avenue, Phoenix, AZ 85015
$1,279,000
5225 N 17th Avenue, Phoenix, AZ 85015View this property at 5225 N 17th Avenue, Phoenix, AZ 85015
5225 N 17th AvenuePhoenixAZ85015
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Property Description
Passive income producing property available in opportunity zone. Washer and dryer hookups available in each unit. Value add opportunity by increasing rents and updating house on property. Rents are substantially below current market value. New zoning ordinances adopted by City of Phoenix council for higher density. Surrounding properties have city pre approval for new development. Please do due diligence and consult with land use attorney
Full Property Details
Full Property Details for 5225 N 17th Ave
General
- Price: $1,279,000
- Taxes: $2,391 (2022)
- Status: Active
- Type: Multi-Family
- MLS ID: 6595594
- Updated: 4/2/2024
- Added to Site: 250 day(s) ago
Interior
- Flooring: Ceramic Tile
Parking
- Covered Spaces: 1
- Total Spaces: 13
- Parking Features: Paved Parking
Location
- County: Maricopa
- Township: 2N
- Subdivision: NILE TRACT BLOCK 1
- Cross Streets: Camelback Rd & 17th Ave
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Individual, Electric, Wall/Window Unit(s), Ceiling Fan(s)
- Heating Type: Heat Pump, Electric
Utilities
- Sewer: Public Sewer
- Water: City Franchise
Structural Information
- # Buildings: 3
- Exterior Const.: Painted, Stucco, Block
- Roof: Composition
- Year Built: 1960
Lot Features
- Lot Dimensions: 23902
- Frontage: Asphalt, Sidewalk(s)
- Zoning: R3
Financial Considerations
- Tax Amount: $2,391
- Tax Year: 2022
- Terms: Other (See Remarks)
- Owner Pays: Trash Collection, Water, Sewer
- Tenant Pays: Electricity
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.25%
- Buyer/Broker Compensation Available: Yes
- Legal Description: NILE TRACT S2 S2 N2 LOTS 5 & 6 BLK 2
- Property ID: 156-39-035
- Range: 3E
- Section: 18
- Block: 2
- Lot Number: 5
Listed by ARRT of Real Estate
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Schools
Schools serving 5225 N 17th Ave
School Districts:Osborn Elementary District, Phoenix Union High School District
Rating | Name | Grades | Distance |
---|---|---|---|
1526 W Missouri Ave, Phoenix, AZ 85015 | PK-6 | 0.3 mi | |
1102 W Highland Ave, Phoenix, AZ 85013 | 7-8 | 0.7 mi | |
4525 N Central Ave, Phoenix, AZ 85012 | 9-12 | 1.5 mi | |
4445 N Central Ave, Phoenix, AZ 85012 | 9-12 | 1.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5225 N 17th Ave
Date
Details
Price
Change
Source
9/11/2023
Price Reduced
$1,279,000
-1.54%
MLS
8/22/2023
Listed
$1,299,000
244.56%
MLS
1/02/2018
Sold
$377,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5225 N 17th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,405
1%
$108,150
32%
2022
$2,391
—
$81,910
44%
2022
$2,391
-2%
$56,960
15%
2021
$2,432
3%
$49,660
20%
2020
$2,370
4%
$41,400
22%
2019
$2,268
3%
$34,050
29%
2018
$2,192
9%
$26,470
15%
2017
$2,013
4%
$23,110
14%
2016
$1,942
8%
$20,320
13%
2015
$1,805
-2%
$18,060
8%
2014
$1,848
32%
$16,750
70%
2013
$1,400
—
$9,880
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5225 N 17th Ave
5225 N 17th Avenue, Phoenix, AZ 85015 (MLS# 6595594) is a Multi-Family property with 6 units containing 0 bedrooms and 0 full bathrooms. 5225 N 17th Avenue is currently listed for $1,279,000 and was received on August 22, 2023. Want to learn more about 5225 N 17th Avenue? Do you have questions about finding other Multi-Family real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.