NOT LISTED FOR SALE

1197 E Oak St Phoenix, AZ 85006

Coronado Neighborhood
-- Bed
-- Bath
2,291 Sq Ft
5,881 Sq Ft Lot

Last Sold November 10, 2020

Last sale price $490,000 $214 Per Sq Ft

44 Days on Market

Highlights

  • Community Kitchen
  • Skylights
  • Concrete Flooring
  • Emerson Elementary School Rated 9+
  • Central Air

About This Home

As of November 2020

PV-SOLAR LIVE WORK BUILDING: Heavily updated C1 office building located in the desirable residential Coronado Historic Neighborhood just a mile north of downtown Phoenix and just a few blocks away from Phoenix Children's, Banner and Saint Joseph's Hospitals. The airport and downtown ASU are a 5 minute drive away. The building has 2,290 square feet and sits on a 5,881 sq ft lot. PERFECT BUILDING FOR LIVE WORK SETUP or to be used as an office. None of the interior walls are load bearing so the interior can be configured any way your clients desire. The building features a 10 kw photovoltaic system which provides the building with an abundance of clean and renewable power.

Last Agent to Sell the Property

Felix Freudenberg

RETSY License #SA652407000 Listed on: 08/29/2020

RETSY

Last Buyer's Agent

Chris Morrison

RETSY License #BR529508000

RETSY

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,244

Year Built

  • Built in 1973

Lot Details

  • 5,881 Sq Ft Lot
  • Block Wall Fence
  • Property is zoned C-1

Home Design

  • Foam Roof
  • Block Exterior

Interior Spaces

  • 2,291 Sq Ft Home
  • Skylights
  • Concrete Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 117-26-027-A

Community Details

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Additional Features

  • Palm Gardens Subdivision
  • Operating Expense $3,244

Property Details

Property Type

Other

Est. Annual Taxes

$3,244

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: 12th Street / Oak
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-1
  • Current Use: Office
  • Number Of Buildings: 1
  • Year Built: 1973
  • Tax Year: 2019
  • Directions: S/W Corner of 12th St & Oak
  • Lot Size Acres: 0.14
  • Subdivision Name: PALM GARDENS
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Block
  • Construction Type: Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Fenced: Yes

Utilities

  • Electric: Other (See Remarks), Solar, APS
  • Cooling: Office A/C, Central A/C
  • Heating: None
  • Green Building Features: Conference Room, Reception Room, Kitchen, Skylight(s)
  • Water Source: City Franchise
  • Heating:None29: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Skylight(s)2: Yes

Lot Info

  • Lot Size Sq Ft: 5881.0
  • Additional Parcels: No
  • Parcel #: 117-26-027-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 3244.0

Tax Info

  • Tax Annual Amount: 3244.0
  • Tax Book Number: 117.00
  • Tax Lot: 2
  • Tax Map Number: 26.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2020
Closed on
Nov 10, 2020
Sold by
Oak Street Holdings Llc
Bought by
Xeba Holdings Llc
Seller's Agent
Felix Freudenberg
RETSY
Buyer's Agent
Chris Morrison
RETSY
List Price
$525,000
Sold Price
$490,000
Premium/Discount to List
-$35,000
-6.67%
Total Days on Market
44

Purchase Details

Closed on
Aug 20, 2020
Sold by
Oak Street Holdings Llc
Bought by
City Of Phoenix

Purchase Details

Closed on
Apr 19, 2010
Sold by
Freudenberg Felix
Bought by
Oak Street Holdings Llc

Purchase Details

Closed on
Jun 5, 2006
Sold by
1197 Llc
Bought by
Freudenberg Felix

Purchase Details

Closed on
Nov 21, 2005
Sold by
Basch Eorge
Bought by
1197 Llc

Purchase Details

Closed on
Apr 3, 2000
Sold by
T G Greenfield Inc
Bought by
Basch George

Purchase Details

Closed on
Feb 23, 2000
Sold by
Michael Sandra Lorde
Bought by
Basch George

Purchase Details

Closed on
Jun 13, 1996
Sold by
Diocesan Council For The Society Of St V
Bought by
T G Greenfield Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
8.25%
Mortgage Type
Seller Take Back
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
Xeba Holdings Llc $490,000 Premier Title Agency
City Of Phoenix -- Chicago Title Agency
Oak Street Holdings Llc -- None Available
Freudenberg Felix $380,000 Stewart Title & Trust Of Pho
1197 Llc -- --
Basch George $125,000 Stewart Title & Trust
Basch George -- Stewart Title & Trust
T G Greenfield Inc $55,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner T G Greenfield Inc $45,000
Closed T G Greenfield Inc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2020 11/10/20 Sold $490,000 -6.7% $214 / Sq Ft
08/28/2020 08/28/20 For Sale $525,000 +26823.1% $229 / Sq Ft
07/06/2015 07/06/15 Sold $1,950 -20.4% $1 / Sq Ft
07/02/2015 07/02/15 Pending -- -- --
05/11/2015 05/11/15 For Sale $2,450 -- $1 / 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
2021 $3,247 $51,506 $18,760 $32,746
2020 -- $40,978 $12,278 $28,700
2019 -- $43,274 $10,248 $33,026
2018 -- $28,658 $9,156 $19,502
2017 -- $24,976 $9,534 $15,442
2016 -- $17,234 $8,904 $8,330
2015 -- $17,101 $8,807 $8,294
Source: Public Records

Agents Affiliated with this Home

  • Felix Freudenberg

    Seller's Agent in 2020

    Felix Freudenberg

    RETSY

    (480) 241-3401

    1 in this area

    2 Total Sales

    Felix Freudenberg
    Section Image
  • Chris Morrison

    Buyer's Agent in 2020

    Chris Morrison

    RETSY

    (602) 456-0065

    1 in this area

    130 Total Sales

    Chris Morrison
    Section Image
  • Scott Jarson

    Seller's Agent in 2015

    Scott Jarson

    AZArchitecture/Jarson & Jarson

    (480) 254-7510

    130 Total Sales

    Scott Jarson
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6124492

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-26-027A

Arizona Maricopa County Phoenix 85006 Coronado

1197 E Oak St, Phoenix, AZ

This home is located at 1197 E Oak St, Phoenix, AZ 85006 since 29 August 2020. This property was built in 1973. 1197 E Oak St is a home located in Maricopa County with nearby schools including Emerson Elementary School, North High 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

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