NOT LISTED FOR SALE

Estimated Value: $384,286

-- Bed
-- Bath
1,311 Sq Ft
$293/Sq Ft Est. Value

Last Sold March 20, 2017

Last sale price $1,900 $1 Per Sq Ft

Est. 20,126% increase in value since last sale

Current estimated payment $2,410/month

129 Days on Market

Highlights

  • Gated Community
  • 0.4 Acre Lot
  • Central Air
  • Sunnyslope High School Rated A
  • Community Kitchen
  • Security Fence

About This Home

As of March 2017

Prime opportunity in North Central Phoenix. Front portion of property is zoned C-2(78%), Rear is zone A-1(22%) light industrial. Property's prior use was Veterinarian clinic/hospital. Current owner has used and landscape service office/yard. Fully fenced. Paved parking lot in front. Structure has 5 rooms, bathroom, and small kitchenette. Great location convenient to freeways downtown and North Phoenix. Property is also available for sale.

Last Agent to Sell the Property

Rodney Coty

Compass License #SA518074000 Listed on: 11/08/2016

Last Buyer's Agent

DALE LOVE

Realty Executives Arizona Territory License #SA523515000

Realty Executives Arizona Territory

Property Details

Property Type

  • Other

Year Built

  • Built in 1959

Lot Details

  • 0.4 Acre Lot
  • Security Fence
  • Block Wall Fence
  • Property is zoned c-2, A-1

Home Design

  • Wood Frame Construction
  • Block Exterior

Parking

  • 25 Open Parking Spaces
  • 25 Parking Spaces

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Property Available on 11/4/16
  • Tax Lot 16
  • Assessor Parcel Number 158-32-041-A

Community Details

Overview

  • Building Dimensions are 193x84
  • Foothill Acres Lots 33 48, 58 59 Subdivision

Amenities

  • Community Kitchen
  • Meeting Room

Security

  • Gated Community

Property Details

Property Type

Other

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: 7th Ave/Hatcher
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Lease
  • Zoning: c-2, A-1
  • Current Use: Mixed Use, Service Business, Office
  • Number Of Buildings: 1
  • Lease Info Annual Lease Price: 34740.0
  • Lease Info Base Rent Escalation: No
  • Lease Info Lease Year Min Max: 1
  • Lease Info Space Divisible: No
  • Year Built: 1959
  • Tax Year: 2016
  • Lot Size Acres: 0.4
  • Road Surface Type: Asphalt
  • Subdivision Name: FOOTHILL ACRES LOTS 33-48, 58-59
  • Structure Type: Commercial, Industrial, Office
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: Security, Block
  • Disclosures: Seller Prop Disc Stm, Other (See Remarks)
  • Construction Type: Frame - Wood, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Open Parking Spaces: 25.0
  • Total Parking Spaces: 25.0
  • General Property Description:Uncvrd Parking Spcs: 25.0
  • General Property Description:Total Parking Spcs: 25.0
  • Parking:Fenced: Yes
  • Tenant Pays:Parking Area Maint: Yes

Utilities

  • Electric: APS, 3 Phase Power
  • Cooling: Central A/C
  • Heating: Natural Gas
  • Green Building Features: Conference Room, Kitchen, Security Gate
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Security Gate: Yes

Lot Info

  • Lot Size: 193x84
  • Lot Size Sq Ft: 17396.0
  • Additional Parcels: No
  • Parcel #: 158-32-041-A
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2016-11-04

Multi Family

  • Leasable Area: 1311.0

Tax Info

  • Tax Annual Amount: 4388.0
  • Tax Book Number: 158.00
  • Tax Lot: 16
  • Tax Map Number: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2020
Sold by
Gonzobros 1301 Llc
Bought by
Pereida Sharon
Current Estimated Value
$384,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$186,784
Interest Rate
2.9%
Mortgage Type
Small Business Administration
Estimated Equity
$197,502

Purchase Details

Closed on
Feb 11, 2008
Sold by
Boggess Thomas S and Boggess Lindley C
Bought by
Gonzobros 1301 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.04%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pereida Sharon $300,000 Fidelity Natl Ttl Agcy Inc
Gonzobros 1301 Llc $380,000 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pereida Sharon $210,000
Previous Owner Gonzobros 1301 Llc $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2017 03/20/17 Sold $1,900 -34.4% $1 / Sq Ft
03/17/2017 03/17/17 Pending -- -- --
11/08/2016 11/08/16 For Sale $2,895 -- $2 / 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 $4,627 $36,409 -- --
2024 $4,645 $35,759 -- --
2023 $4,645 $41,973 $24,327 $17,646
2022 $4,626 $36,751 $20,178 $16,573
2021 $4,819 $37,404 $20,754 $16,650
2020 $4,699 $38,664 $21,870 $16,794
2019 $4,613 $35,928 $19,710 $16,218
2018 $4,493 $32,256 $19,296 $12,960
2017 $4,470 $30,096 $18,558 $11,538
2016 $4,388 $26,766 $17,208 $9,558
2015 $4,177 $25,845 $16,835 $9,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5522291

Arizona Regional Multiple Listing Service (ARMLS)

APN: 158-32-041A