NOT LISTED FOR SALE

101 E Buchanan St Phoenix, AZ 85004

Downtown Phoenix Neighborhood

Estimated Value: $5,364,674

Studio
-- Bath
26,521 Sq Ft
$202/Sq Ft Est. Value

Sale Details

Date Sold: October 3, 2017

Last sale price $2,325,000 $88 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $34,823 / mo

231 Days on Market

Highlights

  • 0.48 Acre Lot
  • Community Kitchen
  • Central Air
  • Phoenix Coding Academy Rated A
  • Skylights
  • Concrete Flooring

About This Home

As of October 2017

Creative space opportunity. One of the few historic buildings left downtown. 101 Buchanan is located in the premier high growth Warehouse District in Phoenix and it is the perfect fit for companies desiring creative office space. Users will enjoy the proximity to major transportation hubs, walking distance to all downtown attractions, including sporting venues and the Phoenix convention center. The building provides opportunity for shared creative space with outside patio that could include a cafe, coffee shop.

(Building has Brewery equipment as a potential restaurant brewery use)

Last Agent to Sell the Property

Tony Werstler

Jason Mitchell Real Estate License #SA114160000 Listed on: 10/25/2016

Jason Mitchell Real Estate

Last Buyer's Agent

Tony Werstler

Jason Mitchell Real Estate License #SA114160000 Listed on: 10/25/2016

Jason Mitchell Real Estate

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $22,893

Year Built

  • Built in 1921

Lot Details

  • 21,009 Sq Ft Lot
  • Block Wall Fence
  • Chain Link Fence
  • Property is zoned COMMER

Home Design

  • Block Exterior

Interior Spaces

  • 26,521 Sq Ft Home
  • Skylights
  • Concrete Flooring
  • Basement

Parking

  • 50 Open Parking Spaces
  • 50 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 112-26-127

Community Details

Amenities

  • Community Kitchen
  • Service Elevator

Additional Features

  • Tommyknocker Brewery And Pub Subdivision
  • Operating Expense $22,893

Property Details

Property Type

Other

Est. Annual Taxes

$22,893

Year Built

Built in 1921

Lot Details

0.48 Acres

Listing Details

  • Cross Street: 1ST STREET & BUCHANAN
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: COMMER
  • Current Use: Mixed Use, Retail, Service Business, Religious Facility, Packge Store(Liquor), Restaurant, Recreational, Office, Warehouse, Food Service, Bar
  • Number Of Buildings: 1
  • Year Built: 1921
  • Tax Year: 2015
  • Lot Size Acres: 0.48
  • Subdivision Name: TOMMYKNOCKER BREWERY AND PUB
  • Structure Type: Commercial, Other (See Remarks)
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Block, Chain Link
  • Construction Type: Block
  • Roof: See Remarks, Other
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 50.0
  • Total Parking Spaces: 50.0
  • General Property Description:Uncvrd Parking Spcs: 50.0
  • General Property Description:Total Parking Spcs: 50.0
  • Parking:Free: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Electric
  • Green Building Features: Freight Elevator(s), Basement, Kitchen, Skylight(s)
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Other (See Remarks)32: Yes
  • Amenities:Skylight(s)2: Yes
  • Amenities:Basement: Yes
  • Amenities:Freight Elevator(s): Yes

Lot Info

  • Lot Size Sq Ft: 21009.0
  • Additional Parcels: No
  • Parcel #: 112-26-127
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 22893.0

Tax Info

  • Tax Annual Amount: 22893.0
  • Tax Book Number: 112.00
  • Tax Lot: 1
  • Tax Map Number: 26.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2021
Sold by
Bought by
Current Estimated Value
$5,364,674

Purchase Details

Closed on
Mar 1, 2021
Sold by
Bought by

Purchase Details

Closed on
Nov 18, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,450,000
Interest Rate
0.036%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 25, 2016
Closed on
Sep 28, 2017
Sold by
Bought by
Seller's Agent
Tony Werstler
Jason Mitchell Real Estate
Buyer's Agent
Tony Werstler
Jason Mitchell Real Estate
List Price
$2,550,000
Sold Price
$2,325,000
Premium/Discount to List
-$225,000
-8.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.93%
Original Mortgage
$1,599,000
Interest Rate
0.0389%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 27, 2004
Sold by
Bought by

Purchase Details

Closed on
Aug 25, 1998
Sold by
Bought by

Purchase Details

Closed on
Apr 25, 1997
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$4,300,000 Landmark Ttl Assurance Agcy
-- Accommodation
$2,325,000 Security Title Agency Inc
-- None Available
$498,863 Fidelity Title
$415,000 Security Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $2,450,000
Previous Owner $1,599,000
Previous Owner $3,750,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/03/2017 10/03/17 Sold $2,325,000 -8.8% $88 / Sq Ft
10/24/2016 10/24/16 For Sale $2,550,000 -- $96 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 -- $168,027
2024 -- $176,029
2023 $0 $368,458 $62,254 $306,204
2022 $0 $329,666 $46,988 $282,678
2021 $25,560 $331,272 $48,330 $282,942
2020 $25,855 $321,102 $40,716 $280,386
2019 $25,813 $307,260 $38,052 $269,208
2018 $25,372 $279,378 $18,630 $260,748
2017 $24,782 $239,382 $19,404 $219,978
2016 $24,072 $214,110 $17,640 $196,470
2015 $22,893 $166,501 $17,594 $148,907
Source: Public Records

Agents Affiliated with this Home

  • Tony Werstler

    Seller's Agent in 2017

    Tony Werstler

    Jason Mitchell Real Estate

    (602) 283-0274

    14 Total Sales

    Tony Werstler
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5516094

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-26-127

Arizona Maricopa County Phoenix 85004 Downtown Phoenix

101 E Buchanan St, Phoenix, AZ

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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