NOT LISTED FOR SALE

1101 E Indian School Rd Phoenix, AZ 85014

Central City Neighborhood

Estimated Value: $605,804

Studio
-- Bath
2,280 Sq Ft
$266/Sq Ft Est. Value

Last Sold February 10, 2015

Last sale price $280,000 $123 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $3,472/month

64 Days on Market

Highlights

  • Concrete Flooring
  • Phoenix Coding Academy Rated A
  • Heat Pump System

About This Home

As of February 2015

Great investment in Phoenix. Free standing building on an extremely busy Indian School RD. Lease with current business is up in October 2014 but he is willing to renew. Drive by only.

Last Agent to Sell the Property

Nick Arekat

Compass License #SA522994000 Listed on: 10/13/2014

Compass

Last Buyer's Agent

Don Mortensen

LRA Real Estate Group, LLC License #BR529840000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,498

Year Built

  • Built in 1964

Lot Details

  • 6,753 Sq Ft Lot
  • Chain Link Fence
  • Property is zoned C-2

Home Design

  • Metal Roof
  • Block Exterior

Interior Spaces

  • 2,280 Sq Ft Home
  • Concrete Flooring

Parking

  • 7 Open Parking Spaces
  • 7 Parking Spaces
  • Public Parking
  • Paved Parking

Utilities

  • Heat Pump System

Community Details

  • Operating Expense $3,498
  • Gross Income $24,000

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 118-03-005

Property Details

Property Type

Other

Est. Annual Taxes

$3,498

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Cross Street: 11TH STREET/INDIAN SCHOOL
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1964
  • Tax Year: 2013
  • Lot Size Acres: 0.16
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 2280.0

Exterior Features

  • Fencing: Chain Link
  • Disclosures: None
  • Construction Type: Block
  • Roof: Metal
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, Public Parking
  • Attached Garage: No
  • Open Parking Spaces: 7.0
  • Total Parking Spaces: 7.0
  • General Property Description:Uncvrd Parking Spcs: 7.0
  • General Property Description:Total Parking Spcs: 7.0
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Heat Pump
  • Heating: Electric
  • Green Building Features: Physcl Chlgd (SRmks)
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Physcl Chlgd (SRmks): Yes

Lot Info

  • Lot Size Sq Ft: 6753.0
  • Parcel #: 118-03-005
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Gross Income: 24000.0
  • Annual Operating Expense: 3498.0

Tax Info

  • Tax Annual Amount: 3498.0
  • Tax Book Number: 118.00
  • Tax Lot: 1
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2014
Closed on
Feb 2, 2015
Sold by
El Ranchero Meat Market Of Phx Inc
Bought by
Zukotynski Eva M
Seller's Agent
Nick Arekat
Compass
Buyer's Agent
Don Mortensen
LRA Real Estate Group, LLC
List Price
$299,999
Sold Price
$280,000
Premium/Discount to List
-$19,999
-6.67%
Current Estimated Value
$605,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,804
Avg. Annual Appreciation
7.25%

Purchase Details

Closed on
May 13, 2010
Sold by
Trm88 Llc
Bought by
El Ranchero Meat Market Of Phx Inc

Purchase Details

Closed on
Dec 31, 2002
Sold by
Taylor Ben R and Boothe Virginia Ann
Bought by
Trm88 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
6.06%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 11, 2002
Sold by
Keith Lois N and Taylor Ben R
Bought by
Taylor Ben R and Boothe Virginia Ann

Purchase Details

Closed on
Jan 31, 1995
Sold by
Taylor Teresa K
Bought by
Taylor Ben R
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
Zukotynski Eva M $280,000 Old Republic Title Agency
El Ranchero Meat Market Of Phx Inc -- Lawyers Title Of Arizona Inc
Trm88 Llc $315,000 Security Title Agency
Taylor Ben R -- Security Title Agency
Taylor Ben R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trm88 Llc $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2015 02/10/15 Sold $280,000 -6.7% $123 / Sq Ft
12/16/2014 12/16/14 Pending -- -- --
10/13/2014 10/13/14 For Sale $299,999 -- $132 / 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 $3,916 $30,152 -- --
2024 $3,884 $29,614 -- --
2023 $3,884 $38,522 $20,638 $17,884
2022 $3,976 $37,083 $20,633 $16,450
2021 $4,159 $37,710 $21,222 $16,488
2020 $4,054 $33,534 $17,226 $16,308
2019 $3,878 $28,656 $12,816 $15,840
2018 $3,749 $27,234 $11,862 $15,372
2017 $3,442 $28,170 $12,366 $15,804
2016 $3,321 $25,794 $11,556 $14,238
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5184932

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-03-005B

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