NOT LISTED FOR SALE

1018 E Indian School Rd Phoenix, AZ 85014

Central City Neighborhood

Estimated Value: $497,395

Studio
-- Bath
2,200 Sq Ft
$226/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $2,900 $1 Per Sq Ft

Est. 17,052% increase in value since last sale

Current estimated payment $3,017/month

37 Days on Market

Highlights

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

About This Home

As of February 2023

Awesome Midtown Location on Major road and Monument sign. C-2 Commercial Storefront. Many uses possible with this zoning. Corner lot with gated yard and 3 Storage Units in Rear. This area is booming!

Last Agent to Sell the Property

Lisa Murphy

HomeSmart License #SA632897000 Listed on: 12/30/2022

HomeSmart

Last Buyer's Agent

Lisa Murphy

HomeSmart License #SA632897000 Listed on: 12/30/2022

HomeSmart

Property Details

Property Type

  • Other

Year Built

  • Built in 1970

Lot Details

  • Block Wall Fence
  • Property is zoned C-2

Home Design

  • Tilt Up Walls
  • Composition Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Midtown Subdivision
  • Gated Community

Listing and Financial Details

  • Property Available on 2/1/23
  • Assessor Parcel Number 155-16-073

Property Details

Property Type

Other

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Cross Street: 10th Street and Indian School Road
  • Property Type: Comm/Industry Lease
  • Zoning: C-2
  • Current Use: Retail, Service Business, Warehouse
  • Number Of Buildings: 1
  • Lease Info Annual Lease Price: 38400.0
  • Lease Info Annual Lse Prc P S F: 18.7
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 1-2
  • Lease Info Space Divisible: No
  • Year Built: 1970
  • Tax Year: 2022
  • Subdivision Name: Midtown
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Block
  • Disclosures: None
  • Construction Type: Tilt-Up, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Construction:Tilt-Up: Yes

Garage/Parking

  • 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:Fenced: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central A/C
  • Heating: Natural Gas
  • Green Building Features: Security Gate
  • Water Source: Individual Meter
  • Heating:Natural Gas: Yes

Association/Amenities

  • Amenities:Security Gate: Yes

Lot Info

  • Additional Parcels: No
  • Parcel #: 155-16-073

Rental Info

  • Available Date: 2023-02-01

Multi Family

  • Leasable Area: 2053.0

Tax Info

  • Tax Annual Amount: 5066.0
  • Tax Book Number: 155.00
  • Tax Map Number: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2013
Closed on
Sep 16, 2013
Sold by
Alexis J Llc
Bought by
Apk Company Llc
Seller's Agent
Anthony Champy
RE/MAX Fine Properties
Buyer's Agent
Anthony Champy
RE/MAX Fine Properties
List Price
$275,000
Sold Price
$220,000
Premium/Discount to List
-$55,000
-20%
Current Estimated Value
$497,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,395
Avg. Annual Appreciation
6.87%

Purchase Details

Closed on
Apr 25, 2008
Sold by
Gae Corp
Bought by
Alexis J Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 8, 2007
Sold by
Eggstaff Gregory A and Eggstaff Angela A
Bought by
Gae Corp and Desert West Development

Purchase Details

Closed on
Feb 7, 2007
Sold by
Eggstaff Gregory A and Eggstaff Angela A
Bought by
Valenzuela Clara Baltazar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
6.17%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 5, 2007
Sold by
Ceja Roberto Silva and Ceja Teresa
Bought by
Eggstaff Gregory A and Eggstaff Angela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
6.17%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 13, 2006
Sold by
Quan M D M Ming and Quan Stella K
Bought by
Ceja Roberto Silva and Ceja Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.57%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 29, 2004
Sold by
Mcallister Steve R and Mcallister Catherine L
Bought by
M Ming Quan Md Inc

Purchase Details

Closed on
Mar 22, 2002
Sold by
Lehman Allan M
Bought by
Kriaris Christopher T and Kriaris Nicholas G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 25, 1995
Sold by
Great American Bank and Beaton Jack
Bought by
1994-N1 Arizona Associates L P
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
Apk Company Llc $220,000 Security Title Agency
Alexis J Llc $360,000 Security Title Agency Inc
Gae Corp -- Security Title Agency Inc
Valenzuela Clara Baltazar $380,000 Security Title Agency Inc
Eggstaff Gregory A $350,000 Fidelity National Title
Ceja Roberto Silva $295,000 Arizona Title Agency Inc
M Ming Quan Md Inc $260,000 Chicago Title Ins Co
Kriaris Christopher T $190,000 Chicago Title Insurance Co
1994-N1 Arizona Associates L P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alexis J Llc $250,000
Previous Owner Valenzuela Clara Baltazar $370,000
Previous Owner Eggstaff Gregory A $250,000
Previous Owner Ceja Roberto Silva $185,000
Previous Owner Kriaris Christopher T $171,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/10/2023 02/10/23 Sold $2,900 0.0% $1 / Sq Ft
02/05/2023 02/05/23 Pending -- -- --
01/05/2023 01/05/23 Price Changed $2,900 +3.6% $1 / Sq Ft
01/02/2023 01/02/23 Price Changed $2,800 -12.5% $1 / Sq Ft
12/30/2022 12/30/22 For Sale $3,200 -98.5% $1 / Sq Ft
10/04/2013 10/04/13 Sold $220,000 -20.0% $100 / Sq Ft View Prior Sale
08/16/2013 08/16/13 Pending -- -- --
01/14/2013 01/14/13 For Sale $275,000 -- $125 / 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 $4,989 $38,422 -- --
2024 $4,949 $37,735 -- --
2023 $4,949 $51,170 $27,387 $23,783
2022 $5,066 $48,983 $26,863 $22,120
2021 $5,299 $50,094 $27,630 $22,464
2020 $5,165 $53,280 $31,050 $22,230
2019 $4,941 $50,904 $29,232 $21,672
2018 $4,777 $45,918 $23,778 $22,140
2017 $4,386 $43,254 $23,076 $20,178
2016 $4,231 $42,264 $23,760 $18,504
2015 $4,043 $29,934 $15,374 $14,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6502373

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-16-073