NOT LISTED FOR SALE

1001 S Central Ave Phoenix, AZ 85004

Central City Neighborhood
-- Bed
-- Bath
3,044 Sq Ft
0.85 Acres

Last Sold January 07, 2022

Last sale price $3,500,000 $1,150 Per Sq Ft

Highlights

  • 0.85 Acre Lot
  • Concrete Flooring
  • 2-minute walk to Central Park
  • Phoenix Coding Academy Rated A

About This Home

As of January 2022

Back on Market. Buyer did not perform. Property being sold in a bundle with adjacent properties. Fronts on the light rail system being built. Block of properties consist of 112-25-084,112-25-086, 112-25-090, 112-25-092 making up @ 1 acre of commercial land on the east side of Central Ave. Approx. .5 miles from downtown Phoenix. Ideal location for development for commercial/residential development.

Last Agent to Sell the Property

Lynda Rahi

Distinctive Real Estate Ventur License #BR509702000 Listed on: 12/21/2021

Last Buyer's Agent

Lynda Rahi

RE/MAX SUNSET VALLEY L.L.C.

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,190

Year Built

  • Built in 1926

Lot Details

  • 0.85 Acre Lot
  • Additional Parcels
  • Property is zoned C-3

Interior Spaces

  • 3,044 Sq Ft Home
  • Concrete Flooring

Community Details

  • Central Park Place Subdivision
  • Operating Expense $4,190

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 112-25-084

Property Details

Property Type

Other

Est. Annual Taxes

$4,190

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Cross Street: Central Ave and Tonto
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-3
  • Current Use: Retail
  • Number Of Buildings: 1
  • Year Built: 1926
  • Tax Year: 2011
  • Lot Size Acres: 0.85
  • Road Surface Type: Dedicated Street, Curb(s) & Gutter(s), Sidewalk(s), Alley
  • Subdivision Name: CENTRAL PARK PLACE
  • Structure Type: Commercial, Other (See Remarks)
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: None
  • Construction Type: Other, See Remarks
  • Roof: Other, See Remarks
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking:None30: Yes

Utilities

  • Electric: City Electric
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Water Source: None
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Association/Amenities

  • Amenities:Other (See Remarks)32: Yes

Lot Info

  • Lot Size Sq Ft: 37075.0
  • Additional Parcels: Yes
  • Parcel #: 112-25-084
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 4190.0

Tax Info

  • Tax Annual Amount: 4190.0
  • Tax Book Number: 112.00
  • Tax Lot: 1
  • Tax Map Number: 25.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/07/2022 01/07/22 Sold $3,500,000 +40.0% $1,150 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
12/20/2021 12/20/21 For Sale $2,500,000 -28.6% $821 / Sq Ft
11/01/2021 11/01/21 Sold $3,500,000 +40.0% $1,150 / Sq Ft View Prior Sale
02/04/2020 02/04/20 For Sale $2,500,000 -- $821 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $3,155 $32,453 $17,799 $14,654
2022 $3,155 $27,620 $14,127 $13,493
Source: Public Records

Agents Affiliated with this Home

  • Lynda Rahi

    Seller's Agent in 2022

    Lynda Rahi

    Distinctive Real Estate Ventur

    (623) 221-3402

    8 in this area

    17 Total Sales

    Lynda Rahi
    Section Image

  • G

    Buyer's Agent in 2021

    German Reyes

    German Reyes

    (602) 257-6762

    5 in this area

    6 Total Sales

    German Reyes
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6333953

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Phoenix 85003 Central City

1001 S Central Ave, Phoenix, AZ

Not Listed for Sale

Other

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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