$4,150,000
4302 N 103RD Avenue
Phoenix, AZ 85037
MLS# 5063667
Status: Closed

Exterior View - West Side
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Exterior View - West Side Parking Lot # 2 Exterior View Bordering Golf Course Exterior View Bordering Golf Course # 2 Exterior View Bordering Golf Course # 3 Exterior View Bordering Golf Course # 6 Exterior View Bordering Golf Course # 7 Fair Way Vistas Office Leasing Office # 2 Leasing Office Exterior View - West Side # 3 Exterior View - West Side # 2 Community Mail Boxes Parking Lot # 3 Pool Area Pool Area # 3 Pool Area # 4 Pool Area # 6 Pool Area # 8 Pool Area # 9 Laundry Room Entrance Laundry Room - Maytag Washers # 3 Laundry Room - Maytag Washers # 2 Laundry Room - Maytag Dryers # 2 Upgraded Condo Upgraded Condo # 3 Upgraded Condo # 2 Upgraded Condo - Dining Area Upgraded Condo - Bath Upgraded Condo Bedroom Standard ConDo - Great Room # 2 Standard Condo - Kitchen Standard Condo - Kitchen # 2 Standard Condo - Kitchen # 3 Standard Condo - Kitchen # 4 Standard Condo - Dining Area # 2 Standard Condo - Dining Area Standard Condo - Bath Standard ConDo - Bedroom Fairway Vistas Entrance # 2 Fairway Vistas Entrance BBQ Grills # 2 BBQ Grills

Property Description
FAIRWAY VISTA CONDOMINIUMS, IS A 76 UNIT CONDO COMMUNITY LOCATED ALONG VILLA LA PAZ GOLF COURSE. FEATURING 75 (960 SF) 2-BEDROOM 1-BATH CONDOS & 1 STUDIO CONDO. EACH CONDO FEATURES A GREAT ROOM W/EXIT TO COVERED PATIO/BALCONY, KITCHENS HAVE REFRIGERATOR, ELEC RANGE/OVEN, OTR MICRO, DISHWASHER, PANTRY & DINING. CERAMIC TILE & CARPET, ELECTRIC IS INDIVIDUALLY METERED, LUSH LANDSCAPING W/GATED COMMUNITY POOL, BBQ AREAS AND 2 REMODELED COMMUNITY (INCOME PRODUCING) LAUNDRY ROOMS W/MAYTAG WASHER & DRYERS. EACH CONDO HAS 1 ASSIGNED COVERED PARKING SPACE. 56 ADDITIONAL UNCOVERED & HANDCAPPED SPACES. HOA IS ESTABLISHED (INACTIVE) SO UNITS CAN BE SOLD INDIVIDUALY. CURRENTLY RENTING AT $700 MONTHLY. 2-CONDOS W/$10K IN UPGRADES W/GRANITE COUNTERTOPS, STAINLESS STEEL APPLIANCES & CHERRY CABINETS.

Details
Maps
Contract Info
Ownership: Condominium
Current Price: $4,150,000
Sold Price: $4,150,000
Status: Closed
List Date: 2014-01-27
Location, Tax & Legal
Assessor's Map #: 22
Legal Description (Abbrev): FAIRWAY VISTAS CONDOMINIUMS
Assessor's Parcel #: 767
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 82002
Taxes: 586
Legal: FAIRWAY VISTAS CONDOMINIUMS MCR 1080-23UNIT 1PLEASE NOTE: FOR LEG
Marketing Name: FAIRWAY VISTAS
Map Code/Grid: P30
House Number: 4302
Compass: N
Street Name: 103RD
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85037
Zip4: 5511
County Code: Maricopa
Subdivision: FAIRWAY VISTA CONDOMINUMS
Assessor Number: 102-22-767
Tax Year: 2013
General Property Description
# of Buildings: 7
Uncvrd Parking Spcs: 56
Lot Size Dimensions: 838
Total # of Units: 76
Elementary School District: Pendergast Elementary District
High School District: Tolleson Union High School District
Elementary School: Villa De Paz Elementary School
Jr. High School: Villa De Paz Elementary School
High School: Westview High School
Year Built: 1979
Zoning: MH MULTIFAMILY
Legal Info
Range: 1E
Section: 20
Township: 2N
Lot Number: 1
Project Type
51 - 99 Units: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Built-Up: 1
Floors
Vinyl: 1
Ceramic Tile: 1
Carpet: 1
Sale Includes
Land & Building: 1
Pool Equipment: 1
Laundry Equipment: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 0
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 0
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: Yes
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 586
Other Income: 0
Vacancy Allowance: 0.1
Adjusted Gross Inc: 0
Pmt & Rate Info
Down Payment: 0
Equity: 4900000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0
Community Features
Pool: 1
Manager Res/Office: 1
Barbecue: 1
Heating
Electric: 1
Cooling
Ceiling Fan(s): 1
Heat Pump: 1
Exterior Amenities
Landscape Water System: 1
Green Landscaping: 1
Cable TV Available: 1
Patio/Balcony: 1
Security Light(s): 1
Interior Features
Unfurnished: 1
Fire/Smoke Alarm(s): 1
Vertical Blinds: 1
Mini Blinds: 1
Tenant Pays
Electricity: 1
Cable TV: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Refrigerator: 1
Built-In Range: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Books Shwn Accpt Ofr: 1
Other (See Remarks): 1
Water Source
City Franchise: 1
Master Meter: 1
Sewer
Sewer - Public: 1
Parking Features
>1 Space Per Unit: 1
Assigned: 1
Electric
SRP: 1
Individual Meter: 1
Gas
None: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
Landscaping: 1
Pool Maintenance: 1
New Financing
Cash to Loan: 1
Conventional: 1
1031 Exchange: 1
Existing 1st Loan
Private: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Private: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Other (See Remarks): 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Contact Info
List Agent Home Phn: 480-515-9142
Efficiency Units
# Efficiency Units: 1
Avg Rent: 500
Avg SqFt: 500
# Baths: 1
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 75
Avg Rent: 650
Avg SqFt: 960
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: INDIAN SCHOOL & 103RD AVENUE
Directions: FROM INDIAN SCHOOL ROAD - NORTH ON 103RD AVE 4 BLOCKS TO PROPERTY
Geo Lat: 33.497147
Geo Lon: -112.28132
Status Change Info
Off Market Date: 2014-10-13
Under Contract Date: 2014-10-09
Close of Escrow Date: 2014-12-19
Sold Price: $4,150,000
Property Features
Project Type: 51 - 99 Units
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Built-Up
Floors: Vinyl; Ceramic Tile; Carpet
Sale Includes: Land & Building; Pool Equipment; Laundry Equipment
Community Features: Pool; Manager Res/Office; Barbecue
Exterior Amenities: Landscape Water System; Green Landscaping; Cable TV Available; Patio/Balcony; Security Light(s)
Interior Features: Unfurnished; Fire/Smoke Alarm(s); Vertical Blinds; Mini Blinds
Appliances Included: Built-In Range; Refrigerator; Dishwasher; Disposal
Cooling: Ceiling Fan(s); Heat Pump
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public
Electric: SRP; Individual Meter
Gas: None
Parking Features: >1 Space Per Unit; Assigned
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection; Landscaping; Pool Maintenance
Tenant Pays: Electricity; Cable TV
Source of Fincl Data: Owner; Books Shwn Accpt Ofr; Other (See Remarks)
Existing 1st Loan: Private
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Private
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Cash to Loan; Conventional; 1031 Exchange
Environmental: None
IDX
Listing Office: The Robinson Group

Last Updated: November - 02 - 2024

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