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Seller's Agent in 2019
Neil Sherman
Sperry Commercial
1040 E Indian School Rd Phoenix, AZ 85014
Central City NeighborhoodEstimated Value: $390,000 - $959,458
1
Bed
--
Bath
3,185
Sq Ft
$200/Sq Ft
Est. Value
Highlights
- Security Fence
- Phoenix Coding Academy Rated A
- Concrete Flooring
About This Home
As of April 20191040 East Indian School Road is an ideal Live/Work opportunity that lies in the path-of-progress that is transitioning this Central Phoenix neighborhood.
The property consists of two freestanding buildings that sit on +/- .2 of an acre, that has 55 linear foot of frontage along Indian School Road. The front building is approximately 962 square foot of residential living space that can easily be utilized for office or retail uses if desired.
On the back of the property sits a +/- 1,610 square foot warehouse and a covered metal roof structure that is ideal for a showroom or small distribution company.
Last Agent to Sell the Property
Neil Sherman
Sperry Commercial License #BR026438000 Listed on: 03/15/2019
Last Buyer's Agent
Neil Sherman
Sperry Commercial License #BR026438000 Listed on: 03/15/2019
Property Details
Property Type
- Other
Year Built
- Built in 1968
Lot Details
- 8,415 Sq Ft Lot
- Security Fence
- Property is zoned C-2
Home Design
- Composition Roof
- Metal Roof
- Block Exterior
- Metal Siding
Interior Spaces
- 3,185 Sq Ft Home
- Concrete Flooring
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Listing and Financial Details
- Tax Lot 21 & 22
- Assessor Parcel Number 155-16-105-B
Community Details
Overview
- 2 Buildings
- 10Th Place Square Subdivision
Building Details
- Operating Expense $160,700
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 1, 2022
Sold by
Cave And Post Llc
Bought by
Chiwas Catering Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$479,141
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$156,345
Purchase Details
Closed on
Feb 4, 2021
Sold by
Dapcevic Mehmed Mick
Bought by
Cave And Post Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
2.65%
Mortgage Type
Seller Take Back
Purchase Details
Listed on
Mar 15, 2019
Closed on
Apr 17, 2019
Sold by
Brown Jessie J
Bought by
Dapcevic Mehmed Mick
Seller's Agent
Neil Sherman
Sperry Commercial
Buyer's Agent
Neil Sherman
Sperry Commercial
List Price
$300,000
Sold Price
$285,000
Premium/Discount to List
-$15,000
-5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.48%
Original Mortgage
$85,000
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Dec 8, 1995
Sold by
Perdik Pete and Perdik Eva
Bought by
Gardiner James A and Gardiner Diane M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
7.47%
Mortgage Type
Seller Take Back
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chiwas Catering Llc | $1,000,000 | Commonwealth Land Title | |
| Cave And Post Llc | $500,000 | Stewart Ttl & Tr Of Phoenix | |
| Dapcevic Mehmed Mick | -- | Stewart Ttl & Tr Of Phoenix | |
| Dapcevic Mehmed Mick | $285,000 | Stewart Ttl & Tr Of Phoenix | |
| Gardiner James A | $167,500 | Old Republic Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chiwas Catering Llc | $500,000 | |
| Previous Owner | Cave And Post Llc | $400,000 | |
| Previous Owner | Dapcevic Mehmed Mick | $85,000 | |
| Previous Owner | Gardiner James A | $163,000 | |
| Closed | Chiwas Catering Llc | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/22/2019 04/22/19 | Sold | $285,000 | 0.0% | $89 / Sq Ft |
| 04/03/2019 04/03/19 | Off Market | $285,000 | -- | -- |
| 03/13/2019 03/13/19 | For Sale | $300,000 | -- | $94 / 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 | $3,459 | $26,637 | -- | -- |
| 2024 | $3,431 | $26,162 | -- | -- |
| 2023 | $3,431 | $37,213 | $25,075 | $12,138 |
| 2022 | $3,512 | $36,646 | $25,288 | $11,358 |
| 2021 | $3,674 | $37,314 | $26,010 | $11,304 |
| 2020 | $3,581 | $35,910 | $24,696 | $11,214 |
| 2019 | $3,426 | $33,750 | $23,076 | $10,674 |
| 2018 | $3,312 | $28,926 | $18,648 | $10,278 |
| 2017 | $3,041 | $27,144 | $18,090 | $9,054 |
| 2016 | $2,934 | $27,126 | $18,594 | $8,532 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5896320
APN: 155-16-105B
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.
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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