NOT LISTED FOR SALE

1023 S 3rd Ave Phoenix, AZ 85003

Central City Neighborhood

Estimated Value: $183,837

Studio
-- Bath
1,156 Sq Ft
$159/Sq Ft Est. Value

Sale Details

Date Sold: May 14, 2015

Last sale price $85,000 $74 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,171 / mo

363 Days on Market

About This Home

As of May 2015

TWO PARCELS NOW OFFERED for a full price cash offer...The entire property INCLUDING the large parking lot. (112-24-132 & 112-24-131). Former Laundromat can either be rehabbed or why don't you just tear it down and build a Multi-Family Property? Go for it! A fantastic corner location with MANY parking spaces...Multifamily housing is everywhere around this spot so income potential is virtually unlimited, depending on what you build or re-build...use your imagination! Priced to sell quickly! Taxes and land sq. ft. are for Both Parcels.

Last Agent to Sell the Property

Tom 'BIG T' Ross

Coldwell Banker Realty License #SA642903000 Listed on: 04/04/2014

Coldwell Banker Realty

Last Buyer's Agent

Leticia Fuerte

My Home Group Real Estate License #SA110865000

My Home Group Real Estate

Property Details

Property Type

  • Other

Year Built

  • Built in 1980

Lot Details

  • 12,250 Sq Ft Lot
  • Additional Parcels
  • Property is zoned R-5

Home Design

  • 1,156 Sq Ft Home
  • Brick Exterior Construction

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces

Utilities

  • Heating System Uses Natural Gas

Community Details

  • Operating Expense $3,510

Listing and Financial Details

  • Tax Lot 11,12
  • Assessor Parcel Number 112-24-132

Property Details

Property Type

Other

Year Built

Built in 1980

Lot Details

0.28 Acres

Listing Details

  • Cross Street: 3RD AVENUE AND BUCKEYE
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: R-5
  • Number Of Buildings: 1
  • Year Built: 1980
  • Tax Year: 2013
  • Lot Size Acres: 0.28
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Structure Type: Commercial
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other

Exterior Features

  • Fencing: None
  • Construction Type: Brick
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 20.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 20.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: None
  • Heating: Natural Gas
  • Water Source: City Franchise, Individual Meter
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Size Sq Ft: 12250.0
  • Additional Parcels: Yes
  • Parcel #: 112-24-132
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 3510.0

Tax Info

  • Tax Annual Amount: 3510.0
  • Tax Book Number: 112.00
  • Tax Lot: 11,12
  • Tax Map Number: 24.00

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
Feb 19, 2019
Sold by
Bought by
Current Estimated Value
$183,837

Purchase Details

Closed on
Jan 15, 2016
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
$70,000
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 4, 2014
Closed on
Apr 30, 2015
Sold by
Bought by
Seller's Agent
Tom 'BIG T' Ross
Coldwell Banker Realty
Buyer's Agent
Leticia Fuerte
My Home Group Real Estate
List Price
$150,000
Sold Price
$85,000
Premium/Discount to List
-$65,000
-43.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
3.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 6, 2014
Sold by
Bought by

Purchase Details

Closed on
Nov 4, 2005
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
-- Title365 Agency
$85,000 Title365 Agency
-- None Available
$130,000 Transnation Title
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 $70,000
Previous Owner $70,000
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
05/14/2015 05/14/15 Sold $85,000 -43.3% $74 / Sq Ft
04/02/2015 04/02/15 Pending -- -- --
04/04/2014 04/04/14 For Sale $150,000 -- $130 / 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 -- $22,271 -- --
2024 -- $21,211 -- --
2023 $0 $39,225 $24,105 $15,120
2022 $0 $32,490 $18,990 $13,500
2021 $0 $32,145 $18,990 $13,155
2020 $0 $30,030 $17,010 $13,020
Source: Public Records

Agents Affiliated with this Home

  • Tom 'BIG T' Ross

    Seller's Agent in 2015

    Tom 'BIG T' Ross

    Coldwell Banker Realty

    (602) 368-1904

    2 in this area

    62 Total Sales

    Tom 'BIG T' Ross
    Section Image

  • L

    Buyer's Agent in 2015

    Leticia Fuerte

    My Home Group Real Estate

    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5095415

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-24-132A

Arizona Maricopa County Phoenix 85003 Central City

1023 S 3rd Ave, 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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