NOT LISTED FOR SALE

14231 N 7th St Unit B7 Phoenix, AZ 85022

Moon Valley Neighborhood

Estimated Value: $1,126,112

-- Bed
-- Bath
2,759 Sq Ft
$408/Sq Ft Est. Value

Last Sold November 10, 2020

Last sale price $3,448 $1 Per Sq Ft

Est. 32,560% increase in value since last sale

Current estimated payment $7,528/month

101 Days on Market

About This Home

As of November 2020

±997 to ±3,935 SF office/medical for lease $15 - $16 SF/YR MG
• New Strong Ownership with Planned Building Upgrades
• Prestigious Moon Valley Plaza
• Stand Alone Professional Office/Medical Building
• Well Maintained - Nicely Landscaped
• Covered Parking Available
• Monument Signage Fronting 7th Street
• Close to: Phoenix Mountain Preserve, Lookout Mountain, Moon
Valley Country Club & Park, Shopping & Dining

Last Agent to Sell the Property

Jim Lieberthal

Cutler Commercial License #BR516852000 Listed on: 08/03/2020

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 1986

Lot Details

  • 1.37 Acre Lot
  • Property is zoned C-0

Parking

  • 5 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Covered Spaces

Listing and Financial Details

  • Property Available on 7/31/20
  • Assessor Parcel Number 214-43-002-B

Property Details

Property Type

Other

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: 7th Street just North of Thunderbird
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Lease
  • Zoning: C-0
  • Current Use: Medical/Dental, Office
  • Lease Info Annual Lease Price: 41385.0
  • Lease Info Annual Lse Prc P S F: 15.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 3
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 2759
  • Year Built: 1986
  • Tax Year: 2019
  • Lot Size Acres: 1.37
  • Road Surface Type: Sidewalk(s)
  • Structure Type: Other (See Remarks)
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other

Exterior Features

  • Fencing: Other
  • Disclosures: Other (See Remarks)
  • Construction Type: Other, See Remarks
  • Roof: Other, See Remarks
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Open Parking Spaces: 4.71
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 4.71
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Green Building Features: Other (See Remarks)
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Association/Amenities

  • Amenities:Other (See Remarks)32: Yes

Lot Info

  • Lot Size Sq Ft: 59721.0
  • Additional Parcels: No
  • Parcel #: 214-43-002-B
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2020-07-31

Multi Family

  • Leasable Area: 2759.0

Tax Info

  • Tax Annual Amount: 23125.0
  • Tax Book Number: 214.00
  • Tax Map Number: 43.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2020
Sold by
Ves Co Marija Llc
Bought by
Eastline Properties Llc
Total Days on Market
101
Current Estimated Value
$1,126,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 26, 2001
Sold by
Wells Bonnie Jean and Bonnie Jean Wells Revocable Tr
Bought by
Ves Co Marija Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
6.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 12, 1999
Sold by
Moon Valley Holdings Llc
Bought by
Wells Bonnie Jean and The Bonnie Jean Revocable Trus

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
Interest Rate
6.7%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Eastline Properties Llc $800,000 Landmark Ttl Assurance Agcy
Ves Co Marija Llc $1,315,000 Chicago Title Insurance Co
Wells Bonnie Jean $1,250,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eastline Properties Llc $350,000
Closed Eastline Properties Llc $400,000
Previous Owner Ves Co Marija Llc $950,000
Previous Owner Wells Bonnie Jean $875,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2020 11/10/20 Sold $3,448 0.0% $1 / Sq Ft
07/31/2020 07/31/20 For Sale $3,448 -- $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 $14,486 $141,120 -- --
2024 $14,613 $138,600 -- --
2023 $14,613 $135,999 $29,030 $106,969
2022 $15,636 $140,000 $29,884 $110,116
2021 $23,831 $344,538 $74,628 $269,910
2020 $23,094 $295,128 $53,370 $241,758
2019 $23,125 $258,210 $49,482 $208,728
2018 $22,366 $208,080 $35,550 $172,530
2017 $21,439 $200,268 $34,182 $166,086
2016 $21,082 $179,586 $39,528 $140,058
2015 $20,065 $157,602 $42,199 $115,403
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6111952

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-43-002B