Raoul Loustaunau
eXp Realty
(623) 254-7612
91 Total Sales
2 in Coronado
$275K - $300K Price Range
1225 E Thomas Rd Phoenix, AZ 85014
Coronado Neighborhood
36
Beds
--
Baths
2,333
Sq Ft
1959
Built
About This Home
As of September 201928 on Thomas is a 27 unit community built in 1959, and then extensively upgraded in 2015. The ''heavy lifting' of major capital improvements includes new roofs, new AC, new hot water heaters, plumbing and electrical. Ongoing interior upgrades include new kitchens - some with granite countertops, tile floors, and new appliances. The property has a new asphalt parking lot off Thomas Road as well as covered tenant parking at the rear of the buildings. The community features a diverse unit mix between two buildings, each comprised of spacious floor plans and solid block construction around a central grassy courtyard and on site laundry. The property is ideally located within minutes to a light rail station. There is also easy access to the Piestewa Freeway, Interstate 10 and Interstate 17. 28 on Thomas presents a solid opportunity for an investor looking to focus on operations and with minor capital expenditure build on the positive momentum from existing upgrades to better leverage its location and improve returns.
Last Agent to Sell the Property
REI Marketing License #BR639322000 Listed on: 05/21/2019
Last Buyer's Agent
Non-MLS Agent
Non-MLS Office
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,423
Year Built
- Built in 1959
Home Design
- Composition Roof
- Block Exterior
Parking
- 27 Parking Spaces
- 27 Covered Spaces
- Common or Shared Parking
Lot Details
- Additional Parcels
Utilities
- Cooling Available
- Individual Controls for Heating
- Separate Meters
- Master Water Meter
Listing and Financial Details
- The owner pays for water, sewer
- Tax Lot 6
- Assessor Parcel Number 117-21-006-A
Community Details
Overview
- 2 Buildings
- 27 Units
- Building Dimensions are .70
- South Country Club Manor Subdivision
Building Details
- Operating Expense $7,423
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 21, 2019
Closed on
Sep 5, 2019
Sold by
28 On Thomas Llc
Bought by
Seller's Agent
Victoria Miachika
REI Marketing
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$3,575,000
Sold Price
$3,500,000
Premium/Discount to List
-$75,000
-2.1%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 1, 2016
Sold by
12Th & Thomas Llc
Bought by
28 On Thomas Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Interest Rate
3.56%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 6, 2013
Sold by
Shfpcc Llc
Bought by
12Th & Thomas Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$724,000
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 4, 2013
Sold by
Clancy George V and Clancy Cherie P
Bought by
Shfpcc Llc
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Coronado, AZ
-
Raoul Loustaunau
-
Tammy Knight
Tammy Knight
On Q Property Management
(623) 526-2924
94 Total Sales
1 in Coronado
$435,000 Price
-
Janelle Pittman
Janelle Pittman
eXp Realty
(623) 253-8396
172 Total Sales
1 in Coronado
$480,000 Price
-
Tiffany Pettit
Tiffany Pettit
Responds QuicklyW and Partners, LLC
(623) 439-8970
122 Total Sales
3 in Coronado
$418K - $653K Price Range
-
Don Matheson
Don Matheson
Responds QuicklyRE/MAX Fine Properties
(623) 400-2342
285 Total Sales
1 in Coronado
$710,000 Price
-
Martha Navarro
Martha Navarro
HomeSmart
(623) 244-8610
140 Total Sales
1 in Coronado
$433,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,500,000 | Old Republic Title Agency | ||
| 28 On Thomas Llc | $2,400,000 | Fidelity Natl Title Agency I | |
| 12Th & Thomas Llc | $904,500 | Stewart Title & Trust Of Pho | |
| Shfpcc Llc | -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $3,996,000 | ||
| Closed | 1225 East Thomas Llc | $2,500,000 | |
| Closed | 1225 East Thomas Llc | $1,300,000 | |
| Previous Owner | 28 On Thomas Llc | $1,440,000 | |
| Previous Owner | 12Th & Thomas Llc | $724,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/05/2019 09/05/19 | Sold | $3,500,000 | -2.1% | $1,500 / Sq Ft |
| 09/05/2019 09/05/19 | Price Changed | $3,575,000 | 0.0% | $1,532 / Sq Ft |
| 08/19/2019 08/19/19 | For Sale | $3,575,000 | 0.0% | $1,532 / Sq Ft |
| 08/19/2019 08/19/19 | Price Changed | $3,575,000 | 0.0% | $1,532 / Sq Ft |
| 06/19/2019 06/19/19 | Pending | -- | -- | -- |
| 05/21/2019 05/21/19 | For Sale | $3,575,000 | -- | $1,532 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,364 | $41,305 | ||
| 2024 | $5,007 | $39,338 | ||
| 2023 | $5,007 | $230,230 | $48,150 | $182,080 |
| 2022 | $4,980 | $149,810 | $31,330 | $118,480 |
| 2021 | $5,064 | $173,900 | $36,370 | $137,530 |
| 2020 | $4,936 | $130,110 | $27,210 | $102,900 |
| 2019 | $4,722 | $105,620 | $22,090 | $83,530 |
| 2018 | $4,566 | $86,710 | $18,130 | $68,580 |
| 2017 | $4,191 | $73,790 | $15,430 | $58,360 |
| 2016 | $4,043 | $78,000 | $15,600 | $62,400 |
| 2015 | $3,759 | $32,950 | $6,890 | $26,060 |
Source: Public Records
Agents Affiliated with this Home
-
Victoria Miachika
Seller's Agent in 2019
Victoria Miachika
REI Marketing
(602) 459-0353
10 Total Sales
-
N
Buyer's Agent in 2019
Non-MLS Agent
Non-MLS Office
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5928893
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.
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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