Seller's Agent in 2023
Beth Jo Zeitzer
R.O.I. Properties
(602) 653-0352
8 in this area
731 Total Sales
1002 W Madison St Phoenix, AZ 85007
Governmental Mall NeighborhoodEstimated Value: $708,088
Studio
--
Bath
7,950
Sq Ft
$89/Sq Ft
Est. Value
Highlights
- Cooling Available
- Security Fence
- Heating Available
- Phoenix Coding Academy Rated A
- Concrete Flooring
- 5-minute walk to Pioneer and Military Memorial Park
About This Home
As of February 2023±7,950 SF industrial flex building located just west of downtown Phoenix. The property is situated along 10th Avenue and just south of Jefferson Street. The lot consists of 13,125 SF of light industrial land across three parcels, zoned A-1, with ±7,950 SF of improvements. The current layout of the improvements consists of warehouse, office, and production space. The building space has three (3) grade-level drive-in doors accessible only through the secure yard. The yard is gated and secured with a 20' rolling door and a 20' swinging double door accessible from both 10th Avenue and the common alley.
Last Agent to Sell the Property
R.O.I. Properties License #BR044331000 Listed on: 06/27/2022
Last Buyer's Agent
Non-MLS Agent
Non-MLS Office
Property Details
Property Type
- Other
Year Built
- Built in 2006
Lot Details
- 13,125 Sq Ft Lot
- Security Fence
- Chain Link Fence
- Additional Parcels
- Property is zoned A-1
Home Design
- Foam Roof
- Block Exterior
Interior Spaces
- 7,950 Sq Ft Home
- Concrete Flooring
Parking
- 11 Open Parking Spaces
- 11 Parking Spaces
- Paved Parking
Utilities
- Cooling Available
- Heating Available
Community Details
- Neahrs Addition Subdivision
Listing and Financial Details
- Property Available on 7/1/22
- Tax Lot 15
- Assessor Parcel Number 112-05-078-A
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 31, 2024
Sold by
Tun Llc
Bought by
Envoy Communications Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$987,433
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
-$279,345
Purchase Details
Listed on
Mar 23, 2018
Closed on
Sep 26, 2019
Sold by
1002 1008 West Madison Llc
Bought by
Tun Llc
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Blake Mallery
Compass
List Price
$500,000
Sold Price
$460,000
Premium/Discount to List
-$40,000
-8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Original Mortgage
$60,000
Interest Rate
3.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 5, 2010
Sold by
Knudsen Earl L
Bought by
Knudsen Earl L
Purchase Details
Closed on
Dec 6, 2002
Sold by
Gorman Ronald D and Gorman Brenadin C
Bought by
Knudsen Earl L
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Envoy Communications Llc | $1,260,000 | Empire Title Agency | |
| Tun Llc | $460,000 | Grand Canyon Title Agency | |
| Knudsen Earl L | -- | None Available | |
| Knudsen Earl L | $25,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Envoy Communications Llc | $1,000,000 | |
| Previous Owner | Tun Llc | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/01/2023 02/01/23 | Sold | $85,260 | +1816.0% | $11 / Sq Ft | |
| 06/27/2022 06/27/22 | For Sale | $4,450 | +27.4% | $1 / Sq Ft | |
| 10/12/2021 10/12/21 | Sold | $3,494 | -12.1% | $0 / Sq Ft | View Prior Sale |
| 08/23/2021 08/23/21 | For Sale | $3,975 | -99.1% | $0 / Sq Ft | |
| 09/27/2019 09/27/19 | Sold | $460,000 | +13788.9% | $58 / Sq Ft | View Prior Sale |
| 10/08/2018 10/08/18 | Sold | $3,312 | 0.0% | $0 / Sq Ft | View Prior Sale |
| 07/27/2018 07/27/18 | For Sale | $3,312 | -99.3% | $0 / Sq Ft | |
| 03/16/2018 03/16/18 | For Sale | $500,000 | -- | $63 / 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 |
|---|---|---|---|---|
| 2025 | $7,510 | $52,870 | -- | -- |
| 2024 | $7,439 | $51,926 | -- | -- |
| 2023 | $7,439 | $89,369 | $12,325 | $77,044 |
| 2022 | $7,386 | $65,118 | $8,505 | $56,613 |
| 2021 | $7,540 | $64,404 | $8,748 | $55,656 |
| 2020 | $7,627 | $78,210 | $7,128 | $71,082 |
| 2019 | $7,614 | $67,734 | $7,488 | $60,246 |
| 2018 | $7,484 | $66,870 | $6,930 | $59,940 |
| 2017 | $7,311 | $62,766 | $7,218 | $55,548 |
| 2016 | $7,101 | $77,220 | $6,750 | $70,470 |
Source: Public Records
Agents Affiliated with this Home
-
Beth Jo Zeitzer
-
Blake Mallery
Seller Co-Listing Agent in 2023
Blake Mallery
Compass
(602) 851-7677
2 in this area
30 Total Sales
-
N
Buyer's Agent in 2023
Non-MLS Agent
Non-MLS Office
-
Karl Freund
Buyer's Agent in 2021
Karl Freund
Kenneth James Realty
(480) 455-9003
1 in this area
65 Total Sales
-
Jason Butler
Seller Co-Listing Agent in 2019
Jason Butler
R.O.I. Properties
(602) 288-6959
29 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6424858
APN: 112-05-078A
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.
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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