NOT LISTED FOR SALE

1002 E Pierce St Phoenix, AZ 85006

Garfield Neighborhood

Estimated Value: $760,401

-- Bed
-- Bath
3,430 Sq Ft
$222/Sq Ft Est. Value

Last Sold October 09, 2015

Last sale price $287,900 $84 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $4,244/month

4 Days on Market

Highlights

  • Central Air
  • Phoenix Coding Academy Rated A
  • Concrete Flooring

About This Home

As of October 2015

Historic Art Deco Commercial building in the heart of Garfield Historic district. Walk or bike to downtown Phoenix restaurants, shops and cafes or establish your own in this unique C-1 zoned 2,950 sq/ft building. Fresh coat of paint inside and outside, new AC installed 2014, three 1/2 baths. Once upon a time this property was home to a barbershop, a laundromat and general store. The building still has 3 separate storefront entrances for your own retail venture or lease one or all. Property is currently open for business, turn-key ready for next owner!

BONUS - Property has Historic Home on lot included, 1 bedroom 1 bath 480 sq/ft on North side of commercial building. Home address is 705 N 10th St. Plenty of yard provides for optional extended parking for main building.

Last Agent to Sell the Property

Irma Cazarez

DeLex Realty License #SA575137000 Listed on: 09/09/2015

DeLex Realty

Last Buyer's Agent

Luis Solis

HomeSmart License #SA555988000

HomeSmart

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,245

Year Built

  • Built in 1929

Lot Details

  • 6,875 Sq Ft Lot
  • Property fronts an alley
  • Chain Link Fence
  • Property is zoned C-1

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 3,430 Sq Ft Home
  • Concrete Flooring

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Public Parking
  • Free Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 91
  • Assessor Parcel Number 116-27-056

Community Details

Overview

  • 2 Buildings
  • Highland Add. Lots 93 102 Subdivision

Building Details

  • Operating Expense $2,245

Property Details

Property Type

Other

Est. Annual Taxes

$2,245

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Cross Street: ROOSEVELT AND 7TH ST
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-1
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1929
  • Tax Year: 2014
  • Lot Size Acres: 0.16
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: eere001
  • Co List Office Phone: 602-688-0424
  • Subdivision Name: HIGHLAND ADD. LOTS 93-102
  • Structure Type: Commercial
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 3430.0

Exterior Features

  • Fencing: Chain Link
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Frame - Wood, Stucco, Brick
  • Roof: Built-Up
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Other (See Remarks), Public Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Free: Yes
  • Parking:Other (See Remarks)24: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Natural Gas
  • Green Building Features: Clean Room
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Association/Amenities

  • Amenities:Clean Room: Yes

Lot Info

  • Lot Size Sq Ft: 6875.0
  • Parcel #: 116-27-056
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 2245.0

Tax Info

  • Tax Annual Amount: 2245.0
  • Tax Book Number: 116.00
  • Tax Lot: 91
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2015
Closed on
Oct 9, 2015
Sold by
Solano Rosa E
Bought by
Eq Tenth & Pierce Llc
Seller's Agent
Irma Cazarez
DeLex Realty
Buyer's Agent
Luis Solis
HomeSmart
List Price
$287,900
Sold Price
$287,900
Current Estimated Value
$760,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,501
Avg. Annual Appreciation
9.95%

Purchase Details

Listed on
Feb 11, 2014
Closed on
Apr 4, 2014
Sold by
American Way Enterprises Inc
Bought by
Solano Rosa E
Seller's Agent
Jerry McClellan
AZ Brokerage Holdings, LLC
Buyer's Agent
Jerry McClellan
AZ Brokerage Holdings, LLC
List Price
$130,000
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.39%
Original Mortgage
$95,000
Interest Rate
4.32%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Eq Tenth & Pierce Llc $277,900 First American Title Ins Co
Solano Rosa E $130,000 Chicago Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Solano Rosa E $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/09/2015 10/09/15 Sold $287,900 0.0% $84 / Sq Ft
09/12/2015 09/12/15 Pending -- -- --
09/08/2015 09/08/15 For Sale $287,900 +121.5% $84 / Sq Ft
04/24/2014 04/24/14 Sold $130,000 0.0% $38 / Sq Ft View Prior Sale
02/24/2014 02/24/14 Pending -- -- --
02/07/2014 02/07/14 For Sale $130,000 -- $38 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

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
2025 $3,114 $21,920 -- --
2024 $2,671 $18,773 -- --
2023 $2,671 $54,978 $32,149 $22,829
2022 $2,660 $38,926 $17,618 $21,308
2021 $2,709 $37,788 $15,821 $21,967
2020 $2,758 $35,633 $13,128 $22,505
2019 $2,806 $27,897 $5,816 $22,081
2018 $2,758 $27,156 $4,928 $22,228
2017 $2,677 $19,400 $5,136 $14,264
2016 $2,601 $17,538 $4,662 $12,876
2015 $2,452 $14,750 $4,621 $10,129
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2015

    Irma Cazarez

    DeLex Realty

    Section Image
  • Luis Solis

    Buyer's Agent in 2015

    Luis Solis

    HomeSmart

    (602) 327-9319

    5 in this area

    92 Total Sales

    Luis Solis
    Section Image

  • J

    Seller's Agent in 2014

    Jerry McClellan

    Realty Executives

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5331663

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-27-056

Arizona Maricopa County Phoenix 85006 Garfield

1002 E Pierce St, 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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