NOT LISTED FOR SALE

Estimated Value: $877,100

-- Bed
-- Bath
2,500 Sq Ft
$351/Sq Ft Est. Value

Last Sold February 20, 2024

Last sale price $1,025,000 $410 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $4,965/month

6 Days on Market

About This Home

As of February 2024

An exceptional redevelopment opportunity in Downtown Phoenix, with this 23,500 square foot property, currently housing a church and zoned R-5.Boasting versatile potential, the site is primed for transformation into multi-family housing, amodern office space, or your mixed-use project. Positioned near two key light rail stops at 12th Street & Washington, and 12th Street & Jefferson and convenient access to the I-10 and SR 51 freeways, the property ensures unparalleled accessibility. Located just 3/4 mile from thevibrant Stadium district, offering an abundance of dining, entertainment, and services, this urban canvas invites visionary developers to shape the future of downtown living and business. Embrace the possibilities and contact us today to embark on this transformative journey.

Last Agent to Sell the Property

Brian Dellis

Realty ONE Group License #SA679853000 Listed on: 01/10/2024

Realty ONE Group

Co-Listed By

David White

Realty ONE Group License #BR007486000

Last Buyer's Agent

Brian Dellis

Realty ONE Group License #SA679853000 Listed on: 01/10/2024

Realty ONE Group

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,990

Year Built

  • Built in 1967

Lot Details

  • 0.54 Acre Lot
  • Chain Link Fence
  • Property is zoned R-5

Home Design

  • 2,500 Sq Ft Home

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces
  • Fenced Parking

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 116-43-013

Property Details

Property Type

Other

Est. Annual Taxes

$3,990

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Cross Street: 12th St and Monroe
  • Property Type: Comm/Industry Sale
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Other (See Remarks)
  • Year Built: 1967
  • Tax Year: 2023
  • Directions: Van Buren North on 12th St to Monroe. Washington St South on 12th St to Monroe.
  • Lot Size Acres: 0.54
  • Co List Office Mls Id: reog08
  • Co List Office Phone: 602-953-4000
  • Structure Type: Other (See Remarks)
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 2500.0

Exterior Features

  • Fencing: See Remarks, Chain Link
  • Disclosures: None
  • Construction Type: Other
  • Roof: Other
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: Fenced
  • Attached Garage: No
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 12.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking Features Fenced: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: See Remarks
  • Heating: See Remarks
  • Green Building Features: Other (See Remarks)
  • Water Source: See Remarks

Association/Amenities

  • Amenities:Other (See Remarks)32: Yes

Lot Info

  • Lot Size Sq Ft: 23500.0
  • Parcel #: 116-43-013
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Book Number: 116.00
  • Tax Lot: 15
  • Tax Map Number: 43.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2024
Closed on
Feb 20, 2024
Sold by
Open Door Church Soldiers Of Jesus Chris
Bought by
1152 E Monroe Llc
Seller's Agent
Brian Dellis
Realty ONE Group
Buyer's Agent
Brian Dellis
Realty ONE Group
List Price
$895,000
Sold Price
$1,025,000
Premium/Discount to List
$130,000
14.53%
Views
19
Current Estimated Value
$877,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$147,900
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 Buyer Sale Price Title Company
1152 E Monroe Llc $1,025,000 Pioneer Title Agency
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2024 02/20/24 Sold $1,025,000 +14.5% $410 / Sq Ft
01/17/2024 01/17/24 Pending -- -- --
01/10/2024 01/10/24 For Sale $895,000 -- $358 / 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 $3,990 $29,837 -- --
2024 $3,951 $28,416 -- --
2023 $3,951 $41,460 $22,560 $18,900
2022 $0 $39,120 $21,735 $17,385
2021 $0 $38,700 $21,735 $16,965
2020 $0 $37,725 $20,670 $17,055
2019 $0 $35,595 $19,320 $16,275
2018 $0 $25,935 $9,930 $16,005
2017 $0 $21,960 $10,335 $11,625
2016 $0 $20,370 $9,390 $10,980
2015 -- $19,696 $9,728 $9,968
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6648215

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-43-016