- single family, detached homes
- bank owned
- currently Active in the ARMLS (AZ Regional Multiple Listing Service)
- located in the general metro Phoenix region (Wickenburg, Florence, Coolidge, etc are excluded but Surprise, Buckeye, Queen Creek, etc are included)
$12,500 Handyman Special
Built in 1963 with 3 bedrooms and 1.75 bathrooms. It’s 1,374 square feet with a 1-car carport and no pool on a lot of 6,312 square feet. It’s located about 1,200 feet from the campus of Grand Canyon University, so it might make a fabulous little student rental for some lucky investor. At this price, it’s almost 100% guaranteed that lenders won’t touch the deal, so bring your checkbook. Recently homes nearby & similarly sized, with most or all of the remodeling work done have sold in the mid $50,000s. Rents in the area seem to run about $850/month.
$4,250,000 Old World Villa on 1.5 Acres
Built in 2003, this 7,998 square foot beauty boasts 5 bedrooms, 5-1/2 bathrooms, a large rectangular pool, a 4-car garage and an 800 square foot guest house. It sold in April of 2002 for $4,300,000 according to the MLS data. Interestingly, the tax records show a transaction at that time with a sales price of only $2,850,000. Don’t know what kind of shim-sham was going on there. Looking for a little something for your sweetie? Contact Mid First Private Bank. Or us. Heck, go with us.
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