NOT LISTED FOR SALE

1101 W Grant St Phoenix, AZ 85007

Central City Neighborhood

Estimated Value: $430,000 - $460,000

-- Bed
2 Baths
3,034 Sq Ft
$148/Sq Ft Est. Value

Last Sold February 11, 2021

Last sale price $430,000 $142 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,026/month

216 Days on Market

Highlights

  • 0.34 Acre Lot
  • Central Air
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Concrete Flooring
  • 4-minute walk to Ninos Mini Park

About This Home

As of February 2021

Unique dual purpose commercial and residential combinations. Great downtown location, high traffic count and surrounded by residential apartments and homes. 1500 square foot commercial building, 1200 square foot 3 bedroom 2 bathroom single family home, plus bonus vacant lot. 2 parcels included at asking price. Live in the house while you operate and keep an eye on your business, for a great dual purpose opportunity. Situated in the City designated RDA (Redevelopment Area). Zoned C-3. This is a unique property with several possibilities, must see to appreciate. Currently tenant occupied with interim tenant, drive by only.

Last Agent to Sell the Property

Brook Miller

RE/MAX Solutions License #BR533974000 Listed on: 05/11/2020

RE/MAX Solutions

Last Buyer's Agent

Stephen Weber

Peak PM LLC License #BR038638000

Peak PM LLC

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,375

Year Built

  • Built in 1936

Lot Details

  • 0.34 Acre Lot
  • Chain Link Fence
  • Additional Parcels
  • Property is zoned C-G/Commercial

Home Design

  • Composition Roof
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 3,034 Sq Ft Home
  • Concrete Flooring

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 112-11-087

Community Details

Overview

  • 2 Buildings
  • Irvine Add 17 18, 23 26 Subdivision

Building Details

  • Gross Income $44,400
  • Net Operating Income $38,825

Property Details

Property Type

Other

Est. Annual Taxes

$4,375

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Cross Street: W Grant and 11th Ave
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-G/Commercial
  • Current Use: Retail, Religious Facility, Bar
  • Number Of Buildings: 2
  • Year Built: 1936
  • Tax Year: 2019
  • Directions: SW corner of W Grant and 11th Avenue
  • Lot Size Acres: 0.34
  • Road Surface Type: Asphalt, Concrete, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: IRVINE ADD 17-18, 23-26
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Chain Link
  • Construction Type: Block
  • Roof: Composition, Metal
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Free: Yes
  • Parking:Private Parking: Yes
  • Parking:Public Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 14850.0
  • Additional Parcels: Yes
  • Parcel #: 112-11-087
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Gross Income: 44400.0
  • Insurance Expense: 1200.0
  • Property Net Operating Income: 38825.0

Tax Info

  • Tax Annual Amount: 4375.0
  • Tax Book Number: 112.00
  • Tax Lot: 1
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2022
Sold by
Schmidt and Deborah
Bought by
1101 West Grant Llc
Current Estimated Value
$488,893

Purchase Details

Listed on
May 11, 2020
Closed on
Feb 10, 2021
Sold by
Fen Investments Inc
Bought by
Schmidt Steven and Schmidt Deborah
Seller's Agent
Brook Miller
RE/MAX Solutions
Buyer's Agent
Stephen Weber
Peak PM LLC
List Price
$575,000
Sold Price
$430,000
Premium/Discount to List
-$145,000
-25.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.06%
Original Mortgage
$245,000
Interest Rate
2.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 23, 2014
Sold by
Yee Irene Young
Bought by
Fen Property Inc

Purchase Details

Closed on
Apr 5, 2010
Sold by
Yee Irene
Bought by
The Irene Yee Trust and Yee Irene Young

Purchase Details

Closed on
Nov 29, 2007
Sold by
The Ben & Lilly Yee Trust and Yee Irene
Bought by
Yee Mary and Yee Irene

Purchase Details

Closed on
Nov 1, 2004
Sold by
Yee Ben and Yee Lilly
Bought by
Yee Ben and Yee Lilly Y
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
1101 West Grant Llc -- Davis Miles Mcguire Gardner Pl
Schmidt Steven $430,000 Clear Title Agency Of Az
Fen Property Inc $300,000 Clear Title Agency
The Irene Yee Trust -- None Available
Yee Mary -- None Available
Yee Mary -- None Available
Yee Ben -- --
Yee Ben -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmidt Steven $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2021 02/11/21 Sold $430,000 -18.1% $142 / Sq Ft
10/26/2020 10/26/20 Price Changed $525,000 -7.6% $173 / Sq Ft
09/14/2020 09/14/20 Price Changed $568,000 -1.2% $187 / Sq Ft
05/09/2020 05/09/20 For Sale $575,000 +22900.0% $190 / Sq Ft
12/14/2018 12/14/18 Sold $2,500 +2.0% $2 / Sq Ft
11/06/2018 11/06/18 Price Changed $2,450 -2.0% $2 / Sq Ft
10/09/2018 10/09/18 For Sale $2,500 0.0% $2 / Sq Ft
01/15/2018 01/15/18 Sold $2,500 +25.0% $2 / Sq Ft
10/26/2017 10/26/17 For Sale $2,000 -7.0% $2 / Sq Ft
01/16/2016 01/16/16 Sold $2,150 0.0% $2 / Sq Ft
01/16/2016 01/16/16 Rented $950 0.0% --
01/16/2016 01/16/16 Under Contract -- -- --
01/13/2016 01/13/16 Pending -- -- --
01/11/2016 01/11/16 Off Market $950 -- --
12/01/2015 12/01/15 For Sale $1,850 0.0% $2 / Sq Ft
12/01/2015 12/01/15 For Rent $950 -- --
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 $4,189 $30,376 -- --
2024 $4,274 $29,833 -- --
2023 $4,274 $38,641 $11,305 $27,336
2022 $4,244 $37,678 $12,075 $25,603
2021 $4,332 $38,034 $12,420 $25,614
2020 $4,382 $35,136 $9,738 $25,398
2019 $4,375 $32,076 $7,902 $24,174
2018 $4,300 $31,608 $7,326 $24,282
2017 $4,200 $30,366 $7,632 $22,734
2016 $4,080 $27,540 $6,930 $20,610
2015 $3,880 $23,014 $6,919 $16,095
Source: Public Records

Agents Affiliated with this Home

  • Brook Miller

    Seller's Agent in 2021

    Brook Miller

    RE/MAX

    (602) 391-7164

    3 in this area

    144 Total Sales

    Section Image
  • Stephen Weber

    Buyer's Agent in 2021

    Stephen Weber

    Peak PM LLC

    (602) 920-6402

    1 in this area

    24 Total Sales

    Section Image

  • A

    Buyer's Agent in 2018

    Anne Milstead

    Gorr Real Estate, Inc.

    (623) 910-9306

    38 Total Sales

    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6076923

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-11-087

Arizona Maricopa County Phoenix 85007 Central City

1101 W Grant St, Phoenix, AZ

This home is located at 1101 W Grant St, Phoenix, AZ 85007 since 11 May 2020 and is currently estimated at $449,082, approximately $148 per square foot. This property was built in 1936. 1101 W Grant St is a home located in Maricopa County with nearby schools including Dunbar Elementary School, Magnet Traditional School, and Phoenix Coding Academy.

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