NOT LISTED FOR SALE

1502 W Broadway Rd Phoenix, AZ 85041

South Mountain Neighborhood

Estimated Value: $585,559

-- Bed
-- Bath
15,150 Sq Ft
$39/Sq Ft Est. Value

Last Sold November 15, 2012

Last sale price $430,000 $28 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,105/month

24 Days on Market

Highlights

  • 1.91 Acre Lot
  • Concrete Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Partially Fenced Property

About This Home

As of November 2012

''BANK OWNED'' INDUSTRIAL WAREHOUSE, BUILDINGS & LAND FOR SALE!!! 15,150 SF Class B buildings include 1,515 SF office (front building), 4,485 SF warehouse (front building) and 9,150 SF warehouse (back building) on 1.9 acres (83,373 SF). Fully paved with fenced yard. Clear height: 13 Ft. to 16 Ft. Zoning: C-3, City of Phoenix. Ample parking. Broadway Road frontage. Centrally located with easy freeway access near Downtown Phoenix. (REF GPE3662)

Last Agent to Sell the Property

Ronald Genovese

Avison Young License #BR008010000 Listed on: 09/07/2012

Last Buyer's Agent

Ronald Genovese

Avison Young License #BR008010000 Listed on: 09/07/2012

Property Details

Property Type

  • Other

Year Built

  • Built in 1978

Lot Details

  • 1.91 Acre Lot
  • Partially Fenced Property
  • Additional Parcels
  • Property is zoned C-3

Home Design

  • Metal Roof
  • Metal Siding

Interior Spaces

  • 15,150 Sq Ft Home
  • Concrete Flooring

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces

Utilities

  • Heating Available

Community Details

  • 3 Buildings

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 105-53-020-A

Property Details

Property Type

Other

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Cross Street: NWC W. Broadway Road & N. 15th Avenue
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-3
  • Current Use: Mixed Use, Office, Warehouse
  • Number Of Buildings: 3
  • Year Built: 1978
  • Tax Year: 2012
  • Directions: US 60 (Maricopa Freeway & I-10 Truck Route) to S. 7th Avenue south, then west on W. Broadway Road.
  • Lot Size Acres: 1.91
  • Road Surface Type: Asphalt
  • Structure Type: Commercial, Industrial
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Partial
  • Construction Type: Metal Siding
  • Roof: Metal
  • Construction:Metal: Yes

Garage/Parking

  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 20.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 20.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Other, See Remarks
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 83373.0
  • Additional Parcels: Yes
  • Parcel #: 105-53-020-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Leasable Area: 15150.0

Tax Info

  • Tax Annual Amount: 15825.1
  • Tax Book Number: 105.00
  • Tax Lot: 1
  • Tax Map Number: 53.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2012
Closed on
Nov 6, 2012
Sold by
Wells Fargo Bank National Association
Bought by
United Properties Llc
Seller's Agent
Ronald Genovese
Avison Young
Buyer's Agent
Ronald Genovese
Avison Young
List Price
$440,000
Sold Price
$430,000
Premium/Discount to List
-$10,000
-2.27%
Current Estimated Value
$585,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,559

Purchase Details

Closed on
Aug 31, 2012
Sold by
Duran Irene R and Duran Ernest J
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Feb 27, 2008
Sold by
Duran Ernest John and Duran Irene Renie
Bought by
Duran Ernest J and Duran Irene R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2001
Sold by
Cant Strip Corp Of America
Bought by
Duran Ernest J and Duran Irene R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
7.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 11, 1998
Sold by
Sandvick Robert M and Sandvick Patricia
Bought by
Cant Strip Corp Of America
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
United Properties Llc $430,000 First American Title
Wells Fargo Bank Na $396,000 Empire West Title Agency
Duran Ernest J -- Capital Title Agency Inc
Duran Ernest J -- Fidelity National Title
Cant Strip Corp Of America $150,000 Fidelity Title
Cant Strip Corp Of America $150,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duran Ernest J $600,000
Previous Owner Duran Ernest J $2,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2012 11/15/12 Sold $430,000 -2.3% $28 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
09/07/2012 09/07/12 For Sale $440,000 -- $29 / 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 $11,996 $79,189 -- --
2024 $12,008 $77,775 -- --
2023 $12,008 $111,792 $40,409 $71,383
2022 $12,113 $90,388 $35,228 $55,160
2021 $12,712 $89,478 $32,940 $56,538
2020 $12,555 $105,588 $24,930 $80,658
2019 $12,149 $98,136 $24,930 $73,206
2018 $11,823 $96,120 $23,958 $72,162
2017 $11,268 $92,178 $24,966 $67,212
2016 $10,717 $67,266 $22,698 $44,568
2015 $10,369 $64,658 $22,644 $42,014
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Ronald Genovese

    Avison Young

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4815511

Arizona Regional Multiple Listing Service (ARMLS)

APN: 105-53-020C

Arizona Maricopa County Phoenix 85041 South Mountain

1502 W Broadway Rd, Phoenix, AZ

This home is located at 1502 W Broadway Rd, Phoenix, AZ 85041 since 07 September 2012 and is currently priced at $585,559, approximately $38 per square foot. This property was built in 1978. 1502 W Broadway Rd is a home located in Maricopa County with nearby schools including C J Jorgensen School, Cesar Chavez 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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