18202 N CAVE CREEK Road, 155, Phoenix, AZ 85032
$938,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$938,000
Last Modified:
7/25/2025
Description
This is a bulk sale of 27 condos located in NE Phoenix, consisting of 19 2bed/2bath units, 4 2bed/1bath units, and 4 1bed/1bath units. All of the units are occupied! Common area amenities include a swimming pool and laundry facility. PV school district! Close to major shopping centers and freeways. 100% Occupancy!
More Information MLS# 5200706
Contract Info
Current Price: $938,000
Sold Price: $938,000
Status: Closed
List Date: 2014-11-16
Ownership: Condominium
Location Tax Legal
Map Code/Grid: K34
House Number: 18202
Compass: N
Street Name: CAVE CREEK
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85032
Zip4: 1068
County Code: Maricopa
Subdivision: Mountain Springs Terrace
Assessor Number: 214-07-088
Tax Year: 2013
General Property Description
Lot Size Dimensions: see legal description
Year Built: 1983
Uncvrd Parking Spcs: 1
Total # of Units: 27
# of Buildings: 2
Zoning: R5
Elementary School District: Paradise Valley Unified District
High School District: Paradise Valley Unified District
Remarks Misc
Cross Street: Cave Creek Rd and Union Hills Dr
Directions: South on Cave Creek Rd, to Complex on your right- Mountain Springs Terrace
Geo Lat: 33.651884
Geo Lon: -112.031742
Status Change Info
Off Market Date: 2015-02-20
Under Contract Date: 2015-01-03
Close of Escrow Date: 2015-02-20
Sold Price: $938,000
Legal Info
Township: 4N
Range: 3E
Section: 34
Lot Number: 155
Income Expenses
Gross Annual Sch Inc: 156000
Net Operating Income: 77454
Efficiency Units
# Efficiency Units: 27
Avg Rent: 580
Avg SqFt: 836
# Baths: 2
1 Bedroom Units
# 1 Bedroom Units: 4
Avg Rent: 475
Avg SqFt: 608
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 23
Avg Rent: 575
Avg SqFt: 836
# Baths: 2
Contact Info
List Agent Home Phn: 602-486-3313
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Project Type: 25 - 50 Units
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Built-Up; Foam
Floors: Other
Sale Includes: Other (See Remarks)
Community Features: Pool; Manager Res/Office
Exterior Amenities: Desert Landscaping; Patio/Balcony
Interior Amenities: Mini Blinds; Breakfast Bar
Appliances Included: Free-Standing Range; Refrigerator
Heating: Central
Cooling: Electric
Water Source: Submetered System
Sewer: Sewer - Public
Electric: APS
Gas: Other (See Remarks)
Parking Features: 1 Space/Unit; Add'l Parking Avail
Owner Pays: None
Tenant Pays: Electricity
Source of Fincl Data: Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Other (See Remarks)
Environmental: None
Listing Office: US Preferred Realty
Last Updated: July - 25 - 2025
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