NOT LISTED FOR SALE

1206 E Indian School Rd Phoenix, AZ 85014

Central City Neighborhood

Estimated Value: $595,000

Studio
-- Bath
4,420 Sq Ft
$135/Sq Ft Est. Value

Last Sold October 15, 2013

Last sale price $2,200 $0 Per Sq Ft

Est. 26,945% increase in value since last sale

Current estimated payment $3,292/month

285 Days on Market

Highlights

  • Concrete Flooring
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of October 2013

BIG RENT REDUCTION..........LARGE CLASS 4 BBUILDING AVAILABLE FOR OWNER USER OF LIGHT MFG, GYM, STORAGE,OR RETAIL. GREAT LOCATION ON HIGH PROFILE INTERSECTION NEAR DOWNTOWN PHX.

Last Agent to Sell the Property

Bob Branch

Berkshire Hathaway HomeServices Arizona Properties License #SA550581000 Listed on: 12/12/2012

Berkshire Hathaway HomeServices Arizona Properties

Last Buyer's Agent

Bob Branch

Berkshire Hathaway HomeServices Arizona Properties License #SA550581000 Listed on: 12/12/2012

Berkshire Hathaway HomeServices Arizona Properties

Property Details

Property Type

  • Other

Year Built

  • Built in 1967

Lot Details

  • Chain Link Fence
  • Property is zoned C-2

Home Design

  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 4,420 Sq Ft Home
  • Concrete Flooring

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Public Parking
  • Free Parking

Utilities

  • Heating Available

Community Details

  • Building Dimensions are IRR

Listing and Financial Details

  • Property Available on 12/12/12
  • Tenant pays for trash collection, electricity, water, sewer, contents insurance, glass insurance, liability insurance, janitorial service
  • The owner pays for exterior maint, fire insurance-bldg
  • Tax Lot 1
  • Assessor Parcel Number 155-05-047

Property Details

Property Type

Other

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Cross Street: 12ST/INDIAN SCHOOL RD
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Lease
  • Zoning: C-2
  • Number Of Buildings: 1
  • Lease Info Annual C A M Sq Ft: 5.0
  • Lease Info Annual Lease Price: 3500.0
  • Lease Info Annual Lse Prc P S F: 1.26
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 3
  • Lease Info Space Divisible: No
  • Year Built: 1967
  • Tax Year: 2011
  • Road Surface Type: Asphalt
  • Subdivision Name: NONE
  • Structure Type: Other (See Remarks), Commercial, Industrial, Distribution/Warehse
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 4420.0

Exterior Features

  • Fencing: Chain Link
  • Disclosures: None
  • Construction Type: Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Public Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Free: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Warehouse Evap
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size: IRR
  • Additional Parcels: No
  • Parcel #: 155-05-047

Rental Info

  • Available Date: 2012-12-12

Multi Family

  • Owner Pays: Exterior Maint, Fire Insurance-Bldg
  • Tenant Pays: Trash Collection, Electricity, Water, Sewer, Contents Insurance, Glass Insurance, Liability Insurance, Janitorial Service
  • Existing Lease Type: NNN
  • Leasable Area: 4420.0

Tax Info

  • Tax Annual Amount: 4875.5
  • Tax Book Number: 155.00
  • Tax Lot: 1
  • Tax Map Number: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2016
Sold by
Herro Bernard L
Bought by
Delquest Limited Partnership
Current Estimated Value
$595,000
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Delquest Limited Partnership $650,000 Landmark Title Assurance Age
Delquest Limited Partnership $650,000 Landrnark Title Assurance Ag
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2013 10/15/13 Sold $2,200 -37.1% $0 / Sq Ft
09/21/2013 09/21/13 Pending -- -- --
12/10/2012 12/10/12 For Sale $3,500 -- $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
2025 $2,203 $16,968 $16,968 --
2024 $2,057 $16,160 $16,160 --
2023 $2,057 $32,745 $32,745 $0
2022 $4,940 $60,936 $38,903 $22,033
2021 $5,167 $62,064 $40,014 $22,050
2020 $5,037 $53,334 $31,068 $22,266
2019 $4,818 $49,644 $28,530 $21,114
2018 $4,659 $46,368 $25,488 $20,880
2017 $4,277 $40,230 $24,732 $15,498
2016 $4,126 $37,782 $23,310 $14,472
2015 $3,942 $28,879 $16,114 $12,765
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4861993

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-05-047