NOT LISTED FOR SALE

1422 N 44th St Phoenix, AZ 85008

Camelback East Village Neighborhood
-- Bed
-- Bath
14,970 Sq Ft
0.85 Acres

Last Sold May 12, 2021

Last sale price $3,100,000 $207 Per Sq Ft

36 Days on Market

Highlights

  • Fitness Center
  • 0.85 Acre Lot
  • Cafeteria
  • Phoenix Coding Academy Rated A
  • Community Kitchen
  • Elevator

About This Home

As of May 2021

Great opportunity in hospitality! Beautiful 35 room boutique hotel with spa services, fitness center/gym, managers apartment, Lobby with Gorgeous reception space and cafe/lounge (currently serving hot & cold drinks and repackaged snacks. Covid safe features include exterior breezeway corridors, individual ac units-no central filter system, no contact check in ability & more! -Renovation in 2016 converted this mason built office suite building w/two common restrooms into this hotel with Luxe touches! Extra parcel included in sale provides 46 total parking spaces: 23 covered, Access from two main roads and less than 2 miles from Sky Harbor! No franchise fees! Perfect for first time Innkeepers, owner/opporators or distant owners. Sale includes business, fixtures & real estate.

Last Agent to Sell the Property

Denise Pias

RE/MAX Alliance Group License #BR525044000 Listed on: 05/08/2021

RE/MAX Alliance Group

Last Buyer's Agent

Vern Johnson

Platinum First Realty License #SA572113000

Platinum First Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $14,771

Year Built

  • Built in 1981

Lot Details

  • 0.85 Acre Lot
  • Security Fence
  • Partially Fenced Property
  • Property is zoned C-2

Home Design

  • Metal Roof
  • Block Exterior

Interior Spaces

  • 14,970 Sq Ft Home
  • Carpet

Parking

  • 46 Parking Spaces
  • 23 Covered Spaces
  • Private Parking
  • Free Parking
  • Paved Parking

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment

Utilities

  • Cooling System Mounted To A Wall/Window
  • Multiple Heating Units
  • Heat Pump System

Listing and Financial Details

  • Tax Lot E
  • Assessor Parcel Number 125-18-043-E

Community Details

Overview

  • Building Dimensions are multiples/irregular shape

Amenities

  • Community Kitchen
  • Meeting Room
  • Cafeteria
  • Elevator
  • Reception Area

Recreation

  • Fitness Center

Building Details

  • Operating Expense $232,387
  • Gross Income $644,390
  • Net Operating Income $296,500

Property Details

Property Type

Other

Est. Annual Taxes

$14,771

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Cross Street: 44th St and McDowell Rd.
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1981
  • Tax Year: 2020
  • Directions: South to Hotel Del Sol, West into parking lot; to west side/behind building and access to lobby
  • Lot Size Acres: 0.85
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Professional Management Expense: 44000.0
  • Structure Type: Other (See Remarks), Commercial
  • Tax Parcel Letter: E
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet
  • Living Area: 14970.0

Exterior Features

  • Fencing: Other, Security, Partial
  • Disclosures: Other (See Remarks), Seller Prop Disc Stm
  • Construction Type: Block
  • Roof: See Remarks, Metal
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 23.0
  • Parking Features: Other (See Remarks), Paved Parking, Private Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 23.0
  • Total Parking Spaces: 46.0
  • General Property Description:Covered Parking Spcs: 23.0
  • General Property Description:Uncvrd Parking Spcs: 23.0
  • General Property Description:Total Parking Spcs: 46.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Other (See Remarks)24: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: ENERGY STAR Qualified Equipment, Other, See Remarks, Window/Wall Unit, Office A/C
  • Heating: Other, See Remarks, Heat Pump, 2 or More Units
  • Green Building Features: Other (See Remarks), Public Elevator(s), Physcl Chlgd (SRmks), Conference Room, Exercise Room, Reception Room, Clean Room, Cafeteria, Kitchen
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes
  • Main Cooling Other: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Public Elevator(s): Yes
  • Amenities:Conference Room: Yes
  • Amenities:Exercise Room: Yes
  • Amenities:Other (See Remarks)32: Yes
  • Amenities:Clean Room: Yes
  • Amenities:Cafeteria: Yes
  • Amenities:Physcl Chlgd (SRmks): Yes

Lot Info

  • Lot Size: multiples/irregular shape
  • Lot Size Sq Ft: 37069.0
  • Parcel #: 125-18-043-E
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 30868.0
  • Annual Gross Income: 644390.0
  • Insurance Expense: 3609.0
  • Maintenance Expense: 20936.0
  • Property Net Operating Income: 296500.0
  • Annual Operating Expense: 232387.0
  • Leasable Area: 14463.0

Tax Info

  • Tax Annual Amount: 14771.0
  • Tax Book Number: 125.00
  • Tax Lot: E
  • Tax Map Number: 18.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2021 05/12/21 Sold $3,100,000 -3.0% $207 / Sq Ft
05/08/2021 05/08/21 For Sale $3,195,000 0.0% $213 / Sq Ft
05/08/2021 05/08/21 Price Changed $3,195,000 0.0% $213 / Sq Ft
03/01/2021 03/01/21 Price Changed $3,195,000 0.0% $213 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $3,195,000 -- $213 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Denise Pias

    Seller's Agent in 2021

    Denise Pias

    RE/MAX

    (480) 694-2320

    3 in this area

    71 Total Sales

    Denise Pias
    Section Image
  • Vern Johnson

    Buyer's Agent in 2021

    Vern Johnson

    Platinum First Realty

    (602) 497-6061

    1 in this area

    3 Total Sales

    Vern Johnson
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6150495

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Phoenix 85008 Camelback East Village

1422 N 44th St, Phoenix, AZ

This home is located at 1422 N 44th St, Phoenix, AZ 85008 since 08 May 2021. This property was built in 1981. 1422 N 44th St is a home located in Maricopa County with nearby schools including Tillman Middle School, Camelback 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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