$1,300,000
SOLD FEB 13, 2025

1117 N 3rd St Phoenix, AZ 85004

Downtown Phoenix Neighborhood
-- Bed
-- Bath
3,738 Sq Ft
0.32 Acres

Recently Sold

$348 Per Sq Ft

7% Below List Price

24 Days on Market

Highlights

  • Gated Community
  • 0.32 Acre Lot
  • Central Air
  • Emerson Elementary School Rated 9+
  • Community Kitchen
  • Concrete Flooring

About This Home

As of February 2025

Beautifully remodeled Roosevelt district office building available for immediate occupancy. Four large offices, bullpen, conference room, large reception area, 2 bathrooms - 1 with a full shower, and an employee lounge with access to an oversized outdoor patio. Covered, fenced parking area with charging station. Separate parking out front for patrons. 3rd Street frontage and signage. Immediate access to I-10 via 3rd Street ramp.

Last Agent to Sell the Property

Kim Gateb

West USA Realty License #BR685265000 Listed on: 09/20/2024

West USA Realty

Last Buyer's Agent

Kimberly Gateb

Compass License #BR685265000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $15,787

Year Built

  • Built in 1962

Lot Details

  • 0.32 Acre Lot
  • Block Wall Fence
  • Property is zoned C3

Home Design

  • Block Exterior

Interior Spaces

  • 3,738 Sq Ft Home
  • Concrete Flooring

Parking

  • 6 Open Parking Spaces
  • 18 Parking Spaces
  • 12 Covered Spaces
  • Paved Parking
  • Fenced Parking

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 111-38-103

Community Details

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Additional Features

  • Operating Expense $15,787
  • Gated Community

Property Details

Property Type

Other

Est. Annual Taxes

$15,787

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: E Moreland
  • Property Type: Comm/Industry Sale
  • Zoning: C3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1962
  • Tax Year: 2023
  • Directions: South on 3rd St from the 10 freeway, turn left into bldg immeduiately after E Moreland St.
  • Lot Size Acres: 0.32
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 3738.0

Exterior Features

  • Fencing: Block
  • Disclosures: Vicinity of an Airport
  • Construction Type: Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 12.0
  • Parking Features: Paved, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 18.0
  • General Property Description:Covered Parking Spcs: 12.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 18.0
  • Parking:Paved Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: City Electric
  • Cooling: Central Air
  • Heating: See Remarks
  • Green Building Features: Conference Room, Reception Room, Kitchen, Showers - Office, Security Gate
  • Cooling Y N: Yes
  • Water Source: City Franchise

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Showers - Office: Yes
  • Amenities:Security Gate: Yes

Lot Info

  • Lot Size Sq Ft: 13808.5
  • Parcel #: 111-38-103
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 15787.0

Tax Info

  • Tax Annual Amount: 15787.0
  • Tax Book Number: 111.00
  • Tax Lot: 1
  • Tax Map Number: 38.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2024
Closed on
Feb 4, 2025
Sold by
Cope Properties Llc
Bought by
1117 North 3Rd Llc
Seller's Agent
Kim Gateb
West USA Realty
Buyer's Agent
Kim Gateb
West USA Realty
List Price
$1,400,000
Sold Price
$1,300,000
Premium/Discount to List
-$100,000
-7.14%
Views
2
Current Estimated Value
$1,311,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,852
Avg. Annual Appreciation
0.96%
Original Mortgage
$537,000
Outstanding Balance
$536,101
Interest Rate
6.91%
Estimated Equity
$769,755

Purchase Details

Closed on
May 27, 2014
Sold by
Health Information Management Systems Ll
Bought by
Cope Properties Llc

Purchase Details

Closed on
Aug 5, 2013
Sold by
1117 N 3Rd St Llc
Bought by
Health Information Management Systems Ll

Purchase Details

Closed on
May 30, 2012
Sold by
Ci Inc
Bought by
1117 N 3Rd Street Llc

Purchase Details

Closed on
Dec 19, 2011
Sold by
Jenkins Simons Melissa D
Bought by
Ci Inc

Purchase Details

Closed on
Nov 24, 2003
Sold by
Thelen Pollick Equities Llc
Bought by
Ci Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 22, 1998
Sold by
Rocky Mountain Research Llc
Bought by
Thelen Pollick Equities Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
7.13%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $1,300,000 Premier Title Agency
Special Warranty Deed -- Accommodation
Cash Sale Deed $520,000 Chicago Title Agency Inc
Trustee Deed $399,962 None Available
Warranty Deed -- Security Title Agency
Warranty Deed $575,000 Capital Title Agency Inc
Warranty Deed $210,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $537,000 No Value Available
Closed $651,035 New Conventional
Previous Owner $460,000 Commercial
Previous Owner $324,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2025 02/13/25 Sold $1,300,000 -7.1% $348 / Sq Ft
10/14/2024 10/14/24 Pending -- -- --
09/20/2024 09/20/24 For Sale $1,400,000 -- $375 / 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 $15,473 $112,198 -- --
2024 $15,787 $110,195 -- --
2023 $15,787 $222,071 $192,576 $29,495
2022 $15,674 $177,661 $149,818 $27,843
2021 $16,001 $186,750 $154,098 $32,652
2020 $16,185 $141,858 $113,994 $27,864
2019 $16,159 $130,644 $106,542 $24,102
2018 $15,883 $119,826 $96,138 $23,688
2017 $15,514 $121,464 $100,152 $21,312
2016 $15,069 $113,922 $93,600 $20,322
2015 $14,331 $96,201 $76,646 $19,555
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2025

    Kim Gateb

    West USA Realty

  • K

    Buyer's Agent in 2025

    Kimberly Gateb

    Compass

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6760355

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-38-103

Arizona Maricopa County Phoenix 85004 Downtown Phoenix

1117 N 3rd St, Phoenix, AZ

This home is located at 1117 N 3rd St, Phoenix, AZ 85004 and is currently priced at $1,300,000, approximately $347 per square foot. This property was built in 1962. 1117 N 3rd St is a home located in Maricopa County with nearby schools including Emerson Elementary School, Phoenix Coding Academy, and Central High School.

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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