Signature 18, a fully occupied gated complex in Phoenix, offers a stellar investment with a 6.15% cap rate and a net operating income of $354,339. Located near Abrazo Hospital, Christown Spectrum Mall, and transit, it blends city access with quiet living. Recent capital improvements have boosted aesthetics, efficiency, and security, including desert landscaping to cut water costs, repaved parking, and refreshed exteriors. Security upgrades feature LED motion lights and cameras, alongside modern gate locks. Units are enhanced with stainless steel appliances and new roof sealing, plus a swimming pool pump upgrade. A new dog run adds to the community vibe. This turn-key property ensures immediate income and potential for appreciation, making it an outstanding choice for Phoenix investors.
Property Details
Property Features
Property Information:
Year Built: 1961
Listing Office:
Office Name: HomeSmart
Office Phone: (602) 230-7600
Listing Agent: Collin Corsmeier
Interior Features
Interior Information:
Flooring Type: Vinyl
Exterior Features
Parking Information:
Parking: 1 Space/Unit
Utilities
Utilities Information:
Heating: Other, Electric
Cooling: Other, Electric
School Info
Assigned Schools Information:
Washington High School, Public District Grades 9-12
Maryland Elementary School, Public District Grades PK-8
Royal Palm Middle School, Public Charter Grades 5-8
Other
Directions Information:
Directions: I17, exit at Camelback Road. Head west on Camelback Road until you reach 19th Avenue. Take a right onto 19th Avenue and proceed north for about half a mile. Then, take a left onto W. Berridge Lane.
Price Information
Listing Price Info
Price Summary:
List Price: $5,760,000
Tax Information:
Annual Amount: $7,044
Tax Year: 2021
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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
3
/10
Maryland Elementary School
6503 N 21st Ave
Distance between this listing and this school0.43 miles
Public District Grades PK-8
4
/10
Royal Palm Middle School
8520 N 19th Ave
Distance between this listing and this school2.42 miles
Public Charter Grades 5-8
High School
7
/10
Washington High School
2217 W Glendale Ave
Distance between this listing and this school0.77 miles
Public District Grades 9-12
Nearby Schools
3
/10
Imagine Camelback Elementary School
5050 N 19th Ave
Distance between this listing and this school1.10 miles
Public Charter Grades KG-5
4
/10
Midtown Primary School
4735 N 19th Ave
Distance between this listing and this school1.35 miles
Public Charter Grades KG-5
1
/10
Westwood Primary School
4711 N 23rd Ave
Distance between this listing and this school1.42 miles
Public District Grades KG-3
Assigned Schools
3
/10
Maryland Elementary School
6503 N 21st Ave
Distance between this listing and this school0.43 miles
Public District Grades PK-8
4
/10
Royal Palm Middle School
8520 N 19th Ave
Distance between this listing and this school2.42 miles
Public Charter Grades 5-8
Nearby Schools
3
/10
R E Simpson School
5330 N 23rd Ave
Distance between this listing and this school0.79 miles
Public District Grades 4-8
Assigned Schools
7
/10
Washington High School
2217 W Glendale Ave
Distance between this listing and this school0.77 miles
Public District Grades 9-12
Nearby Schools
6
/10
Amerischools Academy - Camelback
1333 W Camelback Rd
Distance between this listing and this school1.41 miles
Public Charter Grades KG-12
4
/10
Girls Leadership Academy of Arizona
715 W Mariposa St
Distance between this listing and this school1.70 miles
The neighbors living near this home have an average income of $37,120. Typical income of Phoenix, AZ residents is less than $35k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2014 W Berridge Ln
What is the listing price of this property?
The listing price of 2014 W Berridge Ln property is $5,760,000.
What type of property is this?
The property 2014 W Berridge Ln is a house located in Phoenix, Arizona, 85015.
Is this property for sale now?
Active Listing: 2014 W Berridge Ln is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 2014 W Berridge Ln are: Maryland Elementary School: GreatSchools Rating 3/10Royal Palm Middle School: GreatSchools Rating 4/10Washington High School: GreatSchools Rating 7/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $7,044 (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 13, 2021 for $3,425,000. (source: MLS/tax record).
Which year was this property built?
The year of construction for 2014 W Berridge Ln is 1961.
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This home is located at 2014 W Berridge Ln in Phoenix, AZ and zip code 85015 in the Alhambra neighborhood. This home was built in 1961. It has been listed on Rocket Homes since April 08, 2024 and is currently priced at $5,760,000.
While more than 306 listings in Phoenix, AZ in April 2024 were sold above asking price, there were more than 374 listings sold at asking price, and more than 813 were sold below. The inventory of homes for sale in Phoenix, AZ between March 2024 and April 2024 increased by 2.5%. In April 2024, listings were on the market for 55 days. During the same period, the median list price in this real estate market was $444,345.
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.
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