NOT LISTED FOR SALE

1502 W Thomas Rd Phoenix, AZ 85015

North Encanto Neighborhood
-- Bed
-- Bath
3,700 Sq Ft
5,235 Sq Ft Lot

Last Sold February 01, 2022

Last sale price $5,500 $1 Per Sq Ft

43 Days on Market

Highlights

  • Community Kitchen
  • Central Air
  • Concrete Flooring
  • Phoenix Coding Academy Rated A

About This Home

As of February 2022

Location. Location. Location. Walking distance to the Phoenix College and next to the Encanto Park. Near Down Town Phoenix.

Current business is closed due to the pandemic and the owner has decided to retire.

Great Opportunity to have your own restaurant!!

Last Agent to Sell the Property

Cathy Hum

DeLex Realty License #SA632440000 Listed on: 12/06/2021

DeLex Realty

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 1976

Lot Details

  • 5,235 Sq Ft Lot
  • Property is zoned C-2

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,700 Sq Ft Home
  • Concrete Flooring

Parking

  • 25 Open Parking Spaces
  • 25 Parking Spaces
  • Private Parking
  • Paved Parking

Utilities

  • Central Air

Community Details

  • North Encanto Park Subdivision
  • Community Kitchen

Listing and Financial Details

  • Property Available on 12/5/21
  • Tenant pays for trash collection, electricity, gas, exterior repair, water, sewer, fire insurance-bldg, contents insurance, glass insurance, liability insurance, janitorial service, common area maintenance, capital improvements, parking area maint, taxes
  • Tax Lot 11
  • Assessor Parcel Number 110-32-032

Property Details

Property Type

Other

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Cross Street: Thomas Rd & 15th Ave
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Lease
  • Zoning: C-2
  • Lease Info Annual C A M Sq Ft: 1500.0
  • Lease Info Annual Lease Price: 72000.0
  • Lease Info Annual Lse Prc P S F: 19.46
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 2022
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 3700
  • Year Built: 1976
  • Tax Year: 2021
  • Directions: It's on the Northwest corner of Thomas Rd & 15th Ave
  • Lot Size Acres: 0.12
  • Road Surface Type: Dedicated Street
  • Subdivision Name: NORTH ENCANTO PARK
  • Structure Type: Other (See Remarks), Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 3700.0

Exterior Features

  • Disclosures: None
  • Construction Type: Frame - Wood, Stucco, Block
  • Roof: Composition, Metal
  • Construction:Block: Yes
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Paved Parking, Private Parking
  • Attached Garage: No
  • 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:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Tenant Pays:Parking Area Maint: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Green Building Features: Kitchen
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes

Lot Info

  • Lot Size Sq Ft: 5235.0
  • Additional Parcels: No
  • Parcel #: 110-32-032
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2021-12-05

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Electricity, Gas, Exterior Repair, Water, Sewer, Fire Insurance-Bldg, Contents Insurance, Glass Insurance, Liability Insurance, Janitorial Service, Common Area Maintenance, Capital Improvements, Parking Area Maint, Taxes
  • Existing Lease Type: NNN
  • Leasable Area: 3700.0

Tax Info

  • Tax Annual Amount: 1397.0
  • Tax Book Number: 110.00
  • Tax Lot: 11
  • Tax Map Number: 32.00

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2022 02/01/22 Sold $5,500 -8.3% $1 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
12/05/2021 12/05/21 For Sale $6,000 -- $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 $1,311 $10,131 $10,131 --
2024 $1,305 $9,950 $9,950 --
2023 $1,305 $18,547 $18,547 $0
2022 $1,336 $12,950 $12,950 $0
2021 $1,397 $13,320 $13,320 $0
2020 $1,362 $11,232 $11,232 $0
2019 $1,303 $8,748 $8,748 $0
2018 $1,260 $8,100 $8,100 $0
2017 $1,241 $8,424 $8,424 $0
2016 $1,197 $7,884 $7,884 $0
2015 $1,166 $7,863 $7,863 $0
Source: Public Records

Agents Affiliated with this Home

  • Cathy Hum

    Seller's Agent in 2022

    Cathy Hum

    DeLex Realty

    (623) 521-8188

    1 in this area

    27 Total Sales

    Cathy Hum
    Section Image

  • N

    Buyer's Agent in 2022

    Non-MLS Agent

    Non-MLS Office

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6328838

Arizona Regional Multiple Listing Service (ARMLS)

APN: 110-32-032

Arizona Maricopa County Phoenix 85007 North Encanto

1502 W Thomas Rd, Phoenix, AZ

This home is located at 1502 W Thomas Rd, Phoenix, AZ 85015 since 06 December 2021. This property was built in 1976. 1502 W Thomas Rd is a home located in Maricopa County with nearby schools including Encanto Elementary School, Clarendon Elementary School, and Osborn Middle School.

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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