This is a rare opportunity to own newly constructed 2023 townhomes in a convenient lower Arcadia location where maximizing NOI was clearly well thought out, designed to be low maintenance and efficient to maximize income stream. All units individually metered for electric and no other onsite electric. Desert landscape is low maintenance and cost efficient. All 10 units are 3 BR/2 ½ BA with either 1552 or 1776 sqft., with 1 or 2 car garages. The units are desirable, making them easily rentable for consistent cash flow. They have open floor plans, high end finishes, large kitchens, quartz countertops, stainless appliances, huge master bedrooms/baths, balconies, upgraded wood tile throughout, backyard patios, two and one car garages. Close to 143/202, Old Town, Sky Harbor, Entertainment.
Property Details
Property Features
Property Information:
Year Built: 2023
Listing Office:
Office Name: NORTH&CO.
Office Phone: (602) 714-7000
Listing Agent: Marc Nassos
Interior Features
Interior Information:
Flooring Type: Carpet, Ceramic Tile
Exterior Features
Parking Information:
Attached Garage: Yes
Parking: Auto Door Opener, Attached
Utilities
Utilities Information:
Heating: Electric
Cooling: Central Air, Electric
School Info
Assigned Schools Information:
Camelback High School, Public District Grades 9-12
Phoenix Union Bioscience High School, Public District Grades 9-12
Franklin Police and Fire High School, Public District Grades 9-12
Griffith Elementary School, Public District Grades PK-8
Other
Directions Information:
Directions: From 44th Street & McDowell Road, head east on McDowell Road to 51st Street. Go north on 51st Street. Property is on the west side of 51st Street approximately 1/4 mile north of McDowell.
Price Information
Listing Price Info
Price Summary:
List Price: $4,875,000
Tax Information:
Annual Amount: $3,044
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Phoenix, AZ.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$24.3K
Per Month
Principal & Interest
$24.3K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$14.6K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Middle School
4
/10
Griffith Elementary School
4505 E Palm Ln
Distance between this listing and this school0.61 miles
Public District Grades PK-8
High School
3
/10
Camelback High School
4612 N 28th St
Distance between this listing and this school3.81 miles
Public District Grades 9-12
9
/10
Phoenix Union Bioscience High School
512 E Pierce St
Distance between this listing and this school5.52 miles
Public District Grades 9-12
8
/10
Franklin Police and Fire High School
1645 W Mcdowell Rd
Distance between this listing and this school7.07 miles
Public District Grades 9-12
Nearby Schools
3
/10
Brunson-Lee Elementary School
1350 N 48th St
Distance between this listing and this school0.60 miles
Public District Grades PK-6
5
/10
Tavan Elementary School
4610 E Osborn Rd
Distance between this listing and this school1.50 miles
Public District Grades PK-5
8
/10
Hopi Elementary School
5110 E Lafayette Blvd
Distance between this listing and this school1.94 miles
Public District Grades KG-5
Assigned Schools
4
/10
Griffith Elementary School
4505 E Palm Ln
Distance between this listing and this school0.61 miles
Public District Grades PK-8
Nearby Schools
4
/10
Balsz Elementary School
4309 E Belleview St
Distance between this listing and this school1.13 miles
Public District Grades PK-8
6
/10
Ingleside Middle School
5402 E Osborn Rd
Distance between this listing and this school1.42 miles
Public District Grades 6-8
Assigned Schools
3
/10
Camelback High School
4612 N 28th St
Distance between this listing and this school3.81 miles
Public District Grades 9-12
9
/10
Phoenix Union Bioscience High School
512 E Pierce St
Distance between this listing and this school5.52 miles
Public District Grades 9-12
8
/10
Franklin Police and Fire High School
1645 W Mcdowell Rd
Distance between this listing and this school7.07 miles
The neighbors living near this home have an average income of $31,552. Residents of Phoenix, AZ typically earn less than $35k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1850 N 51st St
What is the listing price of this property?
The listing price of 1850 N 51st St property is $4,875,000.
What type of property is this?
The property 1850 N 51st St is a house located in Phoenix, Arizona, 85008.
Is this property for sale now?
Active Listing: 1850 N 51st St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1850 N 51st St are: Griffith Elementary School: GreatSchools Rating 4/10Camelback High School: GreatSchools Rating 3/10Phoenix Union Bioscience High School: GreatSchools Rating 9/10Franklin Police and Fire High School: GreatSchools Rating 8/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $3,044 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 7, 2020 for $330,000. (source: MLS/tax record).
Which year was this property built?
The year of construction for 1850 N 51st St is 2023.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1850 N 51st St in Phoenix, AZ and zip code 85008 in the Orangedale Estates neighborhood. This home was built in 2023. It has been listed on Rocket Homes since March 12, 2024 and is currently priced at $4,875,000.
Over 282 listings were sold over their listed price in March 2024 in Phoenix, AZ. In the same period over 788 listings were sold below the listed price and 418 listings were sold for the listed price. The number of homes for sale in Phoenix, AZ increased by 7.8% between February 2024 and March 2024. In March 2024, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $440,050.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. 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. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Pro Boxing
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
H&M
Burlington
Foot Locker
Boston Market
White Castle
Popeyes
Honda
Kia
Nissan
Rhythmic Contemporary Hits
Urban Adult Contemporary