NOT LISTED FOR SALE

1212 E Osborn Rd Unit 3 Phoenix, AZ 85014

Central City Neighborhood

Estimated Value: $3,139,580

-- Bed
-- Bath
12,911 Sq Ft
$243/Sq Ft Est. Value

Last Sold February 01, 2024

Last sale price $1,100 $0 Per Sq Ft

Est. 285,316% increase in value since last sale

Current estimated payment $18,262/month

220 Days on Market

Highlights

  • 0.8 Acre Lot
  • Community Kitchen
  • Central Air
  • Phoenix Coding Academy Rated A
  • Skylights
  • Carpet

About This Home

As of February 2024

First floor unfurnished suite with lots of light and open space and private exit centrally located in the heart of Phoenix. The office building is easily accessible by car, public transportation and foot traffic. Sufficient parking for your clients and employees.

All of the following amenities are included in the rent:

Use of large conference room (directly across from suite).
Use of multiple small conference rooms
Fully outfitted kitchen with refrigerator, sink, microwave
Covered and uncovered parking spaces
Regular cleaning service
Reception and related mail services
Utilities
    

Last Agent to Sell the Property

Bryce Perez

RE/MAX Fine Properties License #SA536656000 Listed on: 05/26/2023

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 1984

Lot Details

  • 0.8 Acre Lot
  • Property is zoned R4

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 12,911 Sq Ft Home
  • Skylights
  • Carpet
  • Basement

Parking

  • 28 Open Parking Spaces
  • 28 Parking Spaces
  • Private Parking
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Fiber Optics Available

Listing and Financial Details

  • Property Available on 5/31/23
  • Tenant pays for contents insurance, liability insurance
  • The owner pays for property taxes, exterior maint, common area maintenance, janitorial, glass insurance, fire insurance-bldg, trash, sewer, water, electricity, gas
  • Assessor Parcel Number 118-08-181

Community Details

Overview

  • Building Dimensions are 183' x 173'
  • Osborn Professional Square Mcr 251 43 Subdivision

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Property Details

Property Type

Other

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: 12th & Osborn
  • Property Type: Comm/Industry Lease
  • Zoning: R4
  • Number Of Buildings: 1
  • Lease Info Annual Lease Price: 13200.0
  • Lease Info Annual Lse Prc P S F: 62.86
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 0
  • Lease Info Space Divisible: No
  • Lease Info Suite Floor Location: 1
  • Lease Info Suite Size Avail Max: 210
  • Year Built: 1984
  • Tax Year: 2022
  • Directions: NE Corner
  • Lot Size Acres: 0.8
  • Road Surface Type: Asphalt
  • Subdivision Name: Osborn Professional Square MCR 251-43
  • Structure Type: Office
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet
  • Living Area: 12911.0

Exterior Features

  • Disclosures: None
  • Construction Type: Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, Private Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 28.0
  • Total Parking Spaces: 28.0
  • General Property Description:Uncvrd Parking Spcs: 28.0
  • General Property Description:Total Parking Spcs: 28.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Green Building Features: Basement, Conference Room, Reception Room, Kitchen, Fiber Optic Availble, Skylight(s)
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Skylight(s)2: Yes
  • Amenities:Basement: Yes
  • Amenities:Fiber Optic Availble: Yes

Lot Info

  • Lot Size: 183' x 173'
  • Lot Size Sq Ft: 34877.0
  • Additional Parcels: No
  • Parcel #: 118-08-181
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2023-05-31

Multi Family

  • Owner Pays: Property Taxes, Exterior Maint, Common Area Maint, Janitorial, Glass Insurance, Fire Insurance-Bldg, Trash, Sewer, Water, Electricity, Gas
  • Tenant Pays: Contents Insurance, Liability Insurance
  • Existing Lease Type: Gross, Full Service
  • Leasable Area: 210.0

Tax Info

  • Tax Annual Amount: 2719.0
  • Tax Book Number: 118.00
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2018
Sold by
R And C Enterprise Llc
Bought by
Ch Osborn Lc
Current Estimated Value
$3,139,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Outstanding Balance
$721,728
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$2,417,852
Source: Public Records

Range of Values:

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Average Value
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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
Ch Osborn Lc $1,750,000 Chicago Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ch Osborn Lc $875,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2024 02/01/24 Sold $1,100 0.0% $0 / Sq Ft
01/02/2024 01/02/24 Pending -- -- --
12/11/2023 12/11/23 For Sale $1,100 0.0% $0 / Sq Ft
09/29/2023 09/29/23 Off Market $1,100 -- --
05/26/2023 05/26/23 For Sale $1,100 -- $0 / 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 $20,186 $155,983 -- --
2024 $20,091 $153,197 -- --
2023 $20,091 $186,813 $118,218 $68,595
2022 $20,567 $178,921 $105,998 $72,923
2021 $21,514 $184,806 $109,026 $75,780
2020 $20,970 $184,356 $56,322 $128,034
2019 $20,060 $156,870 $43,344 $113,526
2018 $19,396 $143,244 $40,140 $103,104
2017 $17,807 $131,508 $41,814 $89,694
2016 $17,178 $119,340 $39,078 $80,262
2015 $16,413 $115,034 $38,980 $76,054
Source: Public Records

Agents Affiliated with this Home

  • Bryce Perez

    Seller's Agent in 2024

    Bryce Perez

    RE/MAX

    (602) 703-2038

    14 in this area

    111 Total Sales

    Bryce Perez
    Section Image

  • N

    Buyer's Agent in 2024

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6561202

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-08-181

Arizona Maricopa County Phoenix 85014 Central City

1212 E Osborn Rd Unit 3, Phoenix, AZ

This home is located at 1212 E Osborn Rd Unit 3, Phoenix, AZ 85014 since 26 May 2023 and is currently estimated at $3,139,580, approximately $243 per square foot. This property was built in 1984. 1212 E Osborn Rd Unit 3 is a home located in Maricopa County with nearby schools including Longview Elementary School, Osborn Middle School, and North 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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