4802 East Ray Road
4802 East Ray Road
Phoenix, AZ 85044
$359,900
Price
4
Beds
2.5
Baths
1,956 Sq. Ft.
$184 / Sq. Ft.
1,956
Sq. Ft.
$184
per Sq. Ft.
For Sale By Owner
For Sale By Owner
Description
Call for correct address... Investor jackpot ! 2 houses for the price of 1... Great tenants in place paying $2,790 a month ! Located litterally right on the mountain feet from the hiking trailhead! INVESTORS: 1 property with 2 rental incomes. Main house is 1326 sq ft 3 bedroom, 2 bath & the guest house is 630 sq ft 1 bedroom, 1 bath. NO HOA fee's. Over 3,000 sq ft under roof inclusive of the covered patio. This is not your typical guest house in your backyard. This property's nice guest house has...Call for correct address... Investor jackpot ! 2 houses for the price of 1... Great tenants in place paying $2,790 a month ! Located litterally right on the mountain feet from the hiking trailhead! INVESTORS: 1 property with 2 rental incomes. Main house is 1326 sq ft 3 bedroom, 2 bath & the guest house is 630 sq ft 1 bedroom, 1 bath. NO HOA fee's. Over 3,000 sq ft under roof inclusive of the covered patio. This is not your typical guest house in your backyard. This property's nice guest house has a completely separate address, sep mailbox, sep electric bill, it's own entrance from a separate driveway and each house has it's own big 12x14 attached storage rooms, each houses have their own nice sep W/D that convey with sale, and separately fenced backyards for total privacy. Property is on the MOUNTAIN w/ breathtaking views of wilderness & feet from one of the largest hiking preserves in the USA! Hikers & paraglider pilots travel from far away to experience what you have on your doorstep. Incredible city park 300 yards away on same street. You can not find anything like this in the entire valley a deal like this is very rare ! 1 Million dollar homes 1 mile away & new fancy homes in this immediate neighborhood are now starting to pop up. Get in while you still can at an affordable price. Both houses are very nice, both houses just fully remodeled in March 2021 w/ various upgrades including fresh paint inside & out, lots of new flooring, some new windows & lighting, newer roofs, main house has new a/c air handler, newer appliances in main house, brand new expensive fake grass for main house, brand new electric panel for guest house, some new doors, new counter tops main hse kitchen, both tubs just refinished, all new ceiling fans, most fencing new, 2 bathrooms just fully re tiled w/ gorgeous floors, etc etc... This property just appraised BPO for over $350K so if you finance it w/ 20% down your payment will be apx $1,090 a month & the tenants pay $2,790 a month ( THATS AN INSTANT PROFIT OF $1,700 A MONTH FOR YOU ! ) You will not find a better investment than this anywhere guaranteed ! Not only will you make instant huge monthly rental profits & benifit from the tax write off's you will also earn the equity value increases as this neighborhood is only increasing in value as people from other states flood to AZ to live. Why are we selling this cash cow ?? We have owned this property for the last 20 years & its made us a ton of money in rental profits now we are retiring.. Why dont we just list it w/ an agent & sell it in 1 day ?? simple we dont want to pay $20K in realtor commissions.. As you know everyone is moving to AZ & If we listed this property it would be seen by thousands of buyers & we would get countless offers on day 1.. Do not bring a realtor..... This is a for sale by owner ( No COMMISSIONS WILL PAID ) We will sell this property direct to an investor who will be able to have the property fully inspected, professionally appraised, etc. You will know the house is a solid house in good condition & that it is worth what you are paying... Solid tenants in place... The tenants have 11 months left on their lease, they are a great family who rent both houses under one rental contract, they love the houses, Mom & Dad live in the main house, son lives in guest house.. When we advertise this property for rent we have dozens of tenants wanting it because its almost impossible to find 2 TRUE houses on 1 lot w/ sep addresses, sep entrances, sep electric bill's etc etc.. The tenants before them stayed 7 years anyone who rents these houses LOVE them & love the area.. ASKING PRICE.... $359K & worth every penny & it will appraise for that price... This price gets you both houses... IF YOUR AN INVESTOR WHO IS INTERESTED call owner 602-930-9689
We have many more photos , videos & rental contract we can show you & once we feel you are a rock solid investor who is TRULY interested & capable of purchasing the property we will then provide exact address & allow you to have property professionally inspected, appraised etc etc.. We have great tenants in place & we dont want dozens of un qualified interested investors driving by the property disturbing the tenants , scaring the tenants, etc... Call owner 602-930-9689
We have many more photos , videos & rental contract we can show you & once we feel you are a rock solid investor who is TRULY interested & capable of purchasing the property we will then provide exact address & allow you to have property professionally inspected, appraised etc etc.. We have great tenants in place & we dont want dozens of un qualified interested investors driving by the property disturbing the tenants , scaring the tenants, etc... Call owner 602-930-9689
Amenities
- Ceiling Fan
- Driveway
- Guest House
Location
Add your commute
LISTING UPDATED: 04/10/2021 06:00 PM
Property Details for 4802 East Ray Road
| Status | Active |
|---|---|
| MLS # | 11435550 |
| Days on Market | 1108 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Single Family |
| MLS Type | Single Family |
| Year Built | 1958 |
| Lot Size | 0.21 AC / 8,960 SF |
| County | Maricopa County |
Location
Add your commute
Building Information for 4802 East Ray Road
Stories5Year Built1958Building Size-Lot Size0.21 AC / 8,960 SF
Payment Calculator
$4,493 per month
30 year fixed, 7.25% Interest
Principal and Interest
$1,964
Property Taxes
$2,529
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 4802 East Ray Road
Summary
Parking
- Garage Carsize: 0
Property
Lot Information
- Lotsize: 8960.0
Property and Assessments
- Year Built: 1958
Interior and Exterior Features
Interior Features
- Floors: 5
- Quarter Baths: 0
- Halfbaths: 1
- Threequarterbaths: 0
- Fullbaths: 2
- Bedrooms: 4
Property History for 4802 East Ray Road
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4802 East Ray Road
Taxable ValueLand$129,780Additions$150,930Total$280,710
Tax Record2022$30,344 ($2,529 / month)
Home Facts
Total Finished SqFt14,741 SqFtAbove Grade Finished SqFt14,741 SqFtStories1Lot Size71,712 SqFtStyleService StationYear Built1990ZoningC-2CountyMARICOPAAPN301-59-460
Schools near 4802 East Ray Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Kyrene De La Esperanza School PublicPK to 5 | ||
Kyrene Centennial Middle School Public6 to 8 | ||
Mountain Pointe High School Public9 to 12 | ||
Compadre High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.