NOT LISTED FOR SALE

102 S 28th St Phoenix, AZ 85034

Central City Neighborhood

Estimated Value: $1,324,163

-- Bed
-- Bath
17,001 Sq Ft
$78/Sq Ft Est. Value

Last Sold January 28, 2013

Last sale price $500,000 $29 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $8,042/month

86 Days on Market

Highlights

  • Gated Community
  • 1.19 Acre Lot
  • Computer Room
  • Phoenix Coding Academy Rated A
  • Community Kitchen
  • Central Air

About This Home

As of January 2013

Great opportunity to purchase a stand alone office building (13,000 SF) and detached warehouse (4,000 SF) close to downtown Phoenix all on the same fenced lot. Buildings are turn key and ready to move into. Mixture of office sizes and large bullpen areas, the space is clean, professional and priced for a quick sale for an owner/user or investor. - Highlights Secure and private lot with plenty of parking and yard space. Move in ready and very clean. Priced below market value. Close to major freeways, International airport and light rail. Solid building and roof structure. Premium investment return over the next five years. Special features are, over insulated building sound barrier, master gas meter, master electrical meter, electrical plant onsite.

Last Agent to Sell the Property

Hani Aldulaimi

Keller Williams Realty East Valley License #BR533683000 Listed on: 10/24/2012

Keller Williams Realty East Valley

Last Buyer's Agent

Hani Aldulaimi

Keller Williams Realty East Valley License #BR533683000 Listed on: 10/24/2012

Keller Williams Realty East Valley

Property Details

Property Type

  • Other

Year Built

  • Built in 1973

Lot Details

  • 1.19 Acre Lot
  • Security Fence
  • Chain Link Fence
  • Property is zoned A1, I1

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Foam Roof
  • Block Exterior
  • Metal Siding

Interior Spaces

  • 17,001 Sq Ft Home
  • Computer Room
  • Concrete Flooring

Parking

  • 55 Open Parking Spaces
  • 55 Parking Spaces

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 440 Volts
  • 220 Volts
  • Master Water Meter

Listing and Financial Details

  • Assessor Parcel Number 121-61-007-J

Community Details

Overview

  • 2 Buildings
  • Building Dimensions are 1.19 Acres

Amenities

  • Community Kitchen
  • Meeting Room
  • Showroom
  • Reception Area

Additional Features

  • Operating Expense $14,509
  • Gated Community

Property Details

Property Type

Other

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: 24 Street & Washington
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: A1, I1
  • Current Use: Mixed Use, Office, Warehouse
  • Number Of Buildings: 2
  • Year Built: 1973
  • Tax Year: 2012
  • Directions: 28th Street, just south of Washington Street, adjacent to the Department of Motor Vehicles building.
  • Lot Size Acres: 1.19
  • Road Surface Type: Asphalt, Concrete, Curb(s) & Gutter(s), Sidewalk(s)
  • Structure Type: Commercial, Industrial, Office, Manufacturing, Distribution/Warehse
  • Tax Parcel Letter: J
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Security, Chain Link
  • Construction Type: Frame - Wood, Metal Siding, Block
  • Roof: Foam, Metal
  • Construction:Block: Yes
  • Construction:Metal: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Open Parking Spaces: 55.0
  • Total Parking Spaces: 55.0
  • General Property Description:Uncvrd Parking Spcs: 55.0
  • General Property Description:Total Parking Spcs: 55.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Public Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: 3 Phase Power, Over 220 Amp, 440 Volts, 220 Volts, Individual Meter, Master Meter, Underground, City Electric, SRP, APS
  • Cooling: Warehouse A/C, Office A/C, Central A/C
  • Heating: Electric, Natural Gas
  • Green Building Features: Conference Room, Reception Room, Showroom, Kitchen, Computer Room, LAN Compatible Copr, Security Gate
  • Water Source: City Franchise, Master Meter, Individual Meter
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Electric Master Meter: Yes
  • Heating:Office Heated: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Computer Room: Yes
  • Amenities:Showroom: Yes
  • Amenities:Security Gate: Yes
  • Amenities:LAN Compatible Copr: Yes

Lot Info

  • Lot Size: 1.19 Acres
  • Lot Size Sq Ft: 51704.0
  • Additional Parcels: No
  • Parcel #: 121-61-007-J
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 14509.4

Tax Info

  • Tax Annual Amount: 14509.4
  • Tax Book Number: 121.00
  • Tax Lot: 0
  • Tax Map Number: 61.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2012
Closed on
Jan 29, 2013
Sold by
Fca Property Ll Ii
Bought by
Star Plus Llc
Seller's Agent
Hani Aldulaimi
Keller Williams Realty East Valley
Buyer's Agent
Hani Aldulaimi
Keller Williams Realty East Valley
List Price
$680,000
Sold Price
$500,000
Premium/Discount to List
-$180,000
-26.47%
Current Estimated Value
$1,324,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$824,163
Avg. Annual Appreciation
7.94%

Purchase Details

Closed on
Mar 30, 2007
Sold by
Fleming Mark and Autino Lisa M
Bought by
Fca Property Llc Ii

Purchase Details

Closed on
Mar 3, 1997
Sold by
First American Title Insurance Company
Bought by
Corbin William T and Corbin Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,000
Interest Rate
7.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 8, 1995
Sold by
Sopac 27 Associates
Bought by
First American Title Insurance Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 23, 1995
Sold by
Heller Financial Inc
Bought by
First American Title Insurance Co Of Az
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Star Plus Llc $500,000 Chicago Title Agency Inc
Fca Property Llc Ii -- Lawyers Title Of Arizona Inc
Fca Property Llc Ii -- Lawyers Title Of Arizona Inc
Fleming Mark $1,327,700 Lawyers Title Of Arizona Inc
Corbin William T $353,232 First American Title
First American Title Insurance Company -- First American Title
First American Title Insurance Co Of Az -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corbin William T $282,000
Previous Owner First American Title Insurance Company $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2013 01/28/13 Sold $500,000 -26.5% $29 / Sq Ft
01/18/2013 01/18/13 Pending -- -- --
10/24/2012 10/24/12 For Sale $680,000 -- $40 / 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 $13,348 $95,697 -- --
2024 $13,324 $93,988 -- --
2023 $13,324 $247,792 $68,714 $179,078
2022 $12,921 $215,618 $55,073 $160,545
2021 $13,485 $201,222 $56,646 $144,576
2020 $13,428 $197,298 $57,600 $139,698
2019 $13,371 $197,298 $43,812 $153,486
2018 $13,210 $185,490 $42,642 $142,848
2017 $12,278 $171,468 $39,474 $131,994
2016 $12,571 $120,492 $36,558 $83,934
2015 $12,004 $115,718 $35,613 $80,105
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2013

    Hani Aldulaimi

    Keller Williams Realty East Valley

    (480) 839-6600

    2 in this area

    31 Total Sales

    Hani Aldulaimi
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4839467

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-61-007J

Arizona Maricopa County Phoenix 85034 Central City

102 S 28th 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

Nearby Homes