424 N State Route 89, Chino Valley, AZ 86323 (MLS# 1032405)


$499,900
424 N State Route 89
Chino Valley, AZ 86323
MLS# 1032405
Status: Closed
3480 sqft


424 N State Route 89, Chino Valley, AZ 86323
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Property Description
MONEY MAKER!!! Heres your chance to own one of the oldest homes in chino valley ( and a total of 4 income units) Great income property always 100% occupancy easy to rent. All buildings have new roofs and have been remodeled inside. Rents are well below market rents. Good long term tenants. Tenants pay all utilites (except electricity for the well and trash) 3 septics on property. Property can be expanded. Commerical light zoning but has been used for residential purposes. DO NOT DISTURB TENANTS!!!

Details
Maps
Contract/Address/Legal
Original List Price: 515000
Listing Date: 2020-08-28
Status: Closed
Listing Price: 499900
List Price/SqFt: 144
Rent/Lease: No
Street #: 424
Direction: N
Street Name: State Route 89
City/Township: Chino Valley
State: AZ
Zip Code: 86323
Subdivision: Chino Valley Estates
Neighborhood: N/A
County: Yavapai
Zoning: Cl
REO/Short Sale: Not Applicable
Tax Parcel: 306-23-052D
Assessor's Book #: 306
Assessor's Map #: 23
Assessor's Parcel #: 52
Assessor Parcel Ltr: D
Legal: A RECT PCL LYNG IN THE NW4SE4 WITH THE NE COR APPROX 645' E & 320 ' S FROM CENTER OF SEC 22-16-2W CONT CORR AC 2.30AC
General Property Description
Lot #: 17
Lot Size: 99371
Aprx Acres: 2.28
Total Liveable SqFt: 3480
Source of Measuremnt: County Assessor
Buildings: 4
Stories: 1
Year Built: 1923
Management: Manager
Gross Vol/Yr $: 37620
Cap %: 7.3
HOA Y/N: No
Baths - Full: 4
More than 5 Units: No
Tax Info
Taxes: 1092
Tax Year: 2019
Remarks & Misc
Directions: hwy 89 in chino to half mile past center street. property on left. no sign. DO NOT DISTURB TENANTS!
Office/Member Info
Compensation: 3
Compensation Type: %
Status Change Info
Under Contract Date: 2020-11-18
Sold Date: 2020-12-31
Sold Price: $460,000
Sold Price/SqFt: 132
Financing: Cash
Unit 1
Unit ID: 1
# BR: 2
# BA: 1
SqFt: 840
Tenant Utilities: electric, gas
Rent $: 850
Unit 2
Unit ID: 2
# BR: 2
# BA: 1
SqFt: 600
Tenant Utilities: electric, gas
Rent $: 560
Unit 3
Unit ID: 3
# BR: 2
# BA: 2
SqFt: 1000
Tenant Utilities: electric, gas
Rent $: 850
Unit 4
Unit ID: house
# BR: 2
# BA: 1
SqFt: 840
Tenant Utilities: electric, gas
Rent $: 875
Property Features
Building Type: Other - See Remarks; Residential+
Construction: Other - See Remarks
Cooling: Ceiling Fan(s); Central Refriger; Evaporative Cooling
External Amenities: Fence; Landscaped; Separate Storage
Flooring: Carpet; Laminate; Tile; Vinyl
Heating: Natural Gas
Owner Pays: Trash; Water
Possession: Subject to Tenant
Records Available: On Site WWT Sys Prmt; Well Registration
Road Frontage Type: City Street
Roof: Asphalt Shingle
Terms & Conditions: 1031 Exchange; Conventional
Utilities Installed: 220; Electricity; Individual Meter; Natural Gas; Telephone; Water - Private Well; WWT - Septic Conv
Water Heater: Natural Gas
Unit 1 Parking: Other - See Remarks
Unit 1 Info: Ceiling Fan(s); Den/Family Room; Fire/Smoke Detectors; Porch/Patio; Range/Oven; Refrigerator; Storage Room; W/D Connection
Unit 2 Parking: Other - See Remarks
Unit 2 Info: Ceiling Fan(s); Den/Family Room; Fire/Smoke Detectors; Range/Oven; Refrigerator; Storage Room
Unit 3 Parking: Other - See Remarks
Unit 3 Info: Ceiling Fan(s); Den/Family Room; Fire/Smoke Detectors; Porch/Patio; Range/Oven; Refrigerator; Storage Room; W/D Connection
Unit 4 Parking: Other - See Remarks
Unit 4 Info: Ceiling Fan(s); Den/Family Room; Fire/Smoke Detectors; Fireplace; Porch/Patio; Range/Oven; Refrigerator

Listing Office: Realty Executives AZ Territory

Last Updated: May - 02 - 2022


The listing broker’s offer of compensation is the dollar amount or percentage of sale price the listing broker offers to pay a broker who (a) participates in the multiple listing service where the listing broker filed the listing and (b) procures the buyer for a successful transaction.

The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Prescott Area Association of REALTORS. Information provided is thought to be reliable but is not guaranteed to be accurate. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Real estate listings held by brokerage firms other than the website owner, are indicated by detailed information about them such as the name of the listing firms. Copyright© 2020 Prescott Area Association of REALTORS. All rights reserved.


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