NOT LISTED FOR SALE

1017 W Madison St Phoenix, AZ 85007

Governmental Mall Neighborhood

Estimated Value: $326,378

Studio
-- Bath
3,402 Sq Ft
$96/Sq Ft Est. Value

Last Sold May 06, 2016

Last sale price $150,000 $44 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $2,048/month

460 Days on Market

Highlights

  • Central Air
  • Concrete Flooring
  • 4-minute walk to Pioneer and Military Memorial Park
  • Magnet Traditional School Rated 9+
  • Heating Available

About This Home

As of May 2016

Location, Location, Location... Map property, located in heart of downtown Phoenix. Good condition, 3400 Sq Ft building, corner lot, can be used as office/warehouse/storage facility. 2 garage doors, full kitchen, 2 bathrooms. Church and community outreach center, easily converted to fit buyers needs. In the heart of downtown Phoenix, priced to sell at price/per sq ft. Considering all offers! Sold ''As Is''.

Last Agent to Sell the Property

Robert Whitaker Jr.

HomeSmart License #BR639579000 Listed on: 01/05/2015

HomeSmart

Last Buyer's Agent

Joseph Jorgensen

Call Realty, Inc. License #SA576427000

Call Realty, Inc.

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,489

Year Built

  • Built in 1979

Lot Details

  • 6,250 Sq Ft Lot
  • Property is zoned A-1

Home Design

  • 3,402 Sq Ft Home
  • Composition Roof
  • Block Exterior

Flooring

  • Carpet
  • Concrete
  • Vinyl

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Public Parking
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 112-05-126

Community Details

Overview

  • Building Dimensions are 132.5 x 45
  • Neahrs Add Sub Bk 30 Subdivision

Building Details

  • Operating Expense $8,489

Property Details

Property Type

Other

Est. Annual Taxes

$2,489

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Cross Street: Jefferson and 10th Avenue
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: A-1
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1979
  • Tax Year: 2005
  • Lot Size Acres: 0.14
  • Road Surface Type: Asphalt, Concrete, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: NEAHRS ADD SUB BK 30
  • Structure Type: Other (See Remarks), Commercial, Distribution/Warehse
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Vinyl, Concrete
  • Living Area: 3402.0

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, Public Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size: 132.5 x 45
  • Lot Size Sq Ft: 6250.0
  • Parcel #: 112-05-126
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 4800.0
  • Insurance Expense: 1200.0
  • Annual Operating Expense: 8488.98

Tax Info

  • Tax Annual Amount: 2488.98
  • Tax Book Number: 112.00
  • Tax Lot: 48
  • Tax Map Number: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2015
Closed on
Apr 21, 2016
Sold by
Glory Of The Almighty Tabernacle
Bought by
Audio Visions Inc
Seller's Agent
Robert Whitaker Jr.
HomeSmart
Buyer's Agent
Joseph Jorgensen
Call Realty, Inc.
List Price
$259,900
Sold Price
$150,000
Premium/Discount to List
-$109,900
-42.29%
Current Estimated Value
$326,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,378
Avg. Annual Appreciation
8.32%

Purchase Details

Closed on
May 10, 2006
Sold by
Ellis Charlesetta and Ellis Ambrose
Bought by
Glory Of The Almighty Tabernacle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,150
Interest Rate
6.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 2006
Sold by
801 Washington Building Partners Llc
Bought by
Ellis Ambrose and Ellis Charlesetta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,150
Interest Rate
6.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 2, 1995
Sold by
Meaker Albert J
Bought by
Meaker Thomas W
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

Date Buyer Sale Price Title Company
Audio Visions Inc $150,000 Great Amer Title Agency Inc
Glory Of The Almighty Tabernacle $133,500 None Available
Ellis Ambrose $133,500 Westland Title Agency
Meaker Thomas W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ellis Ambrose $120,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2016 05/06/16 Sold $150,000 -42.3% $44 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
01/04/2015 01/04/15 For Sale $259,900 -- $76 / 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 $4,224 $29,737 -- --
2024 $4,184 $29,206 -- --
2023 $4,184 $44,047 $19,652 $24,395
2022 $4,154 $33,320 $13,265 $20,055
2021 $4,241 $33,444 $13,644 $19,800
2020 $4,290 $34,470 $12,438 $22,032
2019 $4,283 $32,058 $12,204 $19,854
2018 $4,210 $31,770 $11,304 $20,466
2017 $4,112 $23,238 $15,552 $7,686
2016 $3,994 $18,375 $12,120 $6,255
2015 -- $18,256 $12,544 $5,712
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Robert Whitaker Jr.

    HomeSmart

    (602) 525-4011

    34 Total Sales

    Robert Whitaker Jr.
    Section Image
  • Joseph Jorgensen

    Buyer's Agent in 2016

    Joseph Jorgensen

    Call Realty, Inc.

    (480) 442-5444

    Joseph Jorgensen
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5216531

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-05-126

Arizona Maricopa County Phoenix 85007 Governmental Mall

1017 W Madison 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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