NOT LISTED FOR SALE

Estimated Value: $264,509

Studio
-- Bath
-- Sq Ft
9,042 Sq Ft Lot

Last Sold July 18, 2023

Last sale price $6,200

Est. 4,166% increase in value since last sale

Current estimated payment $1,647/month

24 Days on Market

Highlights

  • Skylights
  • Phoenix Coding Academy Rated A
  • Concrete Flooring

About This Home

As of July 2023

Amazing red brick and block building with new roof, electrical (3 phase panel) and restroom. Building can be divided into 2 spaces. Walking distance to several urban restaurants, transportation and 16 blocks to downtown Phoenix.

Last Agent to Sell the Property

Chad Cluff

Cluff Real Estate LLC License #BR567582000 Listed on: 06/23/2023

Last Buyer's Agent

Chad Cluff

Cluff Real Estate LLC License #BR567582000 Listed on: 06/23/2023

Property Details

Property Type

  • Other

Year Built

  • Built in 1950

Lot Details

  • 9,042 Sq Ft Lot
  • Property is zoned C3

Home Design

  • Brick Exterior Construction
  • Foam Roof
  • Block Exterior

Interior Spaces

  • Skylights
  • Concrete Flooring

Parking

  • 9 Open Parking Spaces
  • 9 Parking Spaces

Community Details

  • Clovis Place Subdivision

Listing and Financial Details

  • Property Available on 7/1/23
  • Tax Lot 1
  • Assessor Parcel Number 116-18-022

Property Details

Property Type

Other

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: Van Buren Street and 16th Street
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Lease
  • Zoning: C3
  • Current Use: Retail, Office, Warehouse
  • Lease Info Annual Lease Price: 73260.0
  • Lease Info Annual Lse Prc P S F: 14.4
  • Lease Info Base Rent Escalation: No
  • Lease Info Lease Year Min Max: 1-5
  • Lease Info Space Divisible: Yes
  • Year Built: 1950
  • Tax Year: 2022
  • Lot Size Acres: 0.21
  • Road Surface Type: Asphalt
  • Subdivision Name: CLOVIS PLACE
  • Structure Type: Commercial, Industrial, Office, Manufacturing
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Block, Brick
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 9.0
  • Total Parking Spaces: 9.0
  • General Property Description:Uncvrd Parking Spcs: 9.0
  • General Property Description:Total Parking Spcs: 9.0
  • Parking:Paved Parking: Yes
  • Tenant Pays:Parking Area Maint: Yes

Utilities

  • Electric: APS, 3 Phase Power
  • Cooling: See Remarks
  • Heating: See Remarks
  • Green Building Features: Skylight(s)
  • Water Source: City Franchise
  • Heating:See Remarks3: Yes

Association/Amenities

  • Amenities:Skylight(s)2: Yes

Lot Info

  • Lot Size Sq Ft: 9042.0
  • Additional Parcels: No
  • Parcel #: 116-18-022
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2023-07-01

Multi Family

  • Leasable Area: 5089.0

Tax Info

  • Tax Annual Amount: 8093.0
  • Tax Book Number: 116.00
  • Tax Lot: 1
  • Tax Map Number: 18.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2022
Sold by
Ken Inc
Bought by
Van Buren Holdings Llc
Current Estimated Value
$264,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Outstanding Balance
$262,469
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2020
Sold by
Harris News Inc
Bought by
Ken Inc

Purchase Details

Closed on
Sep 29, 2005
Sold by
Ave Inc
Bought by
Harris News Inc

Purchase Details

Closed on
Jul 20, 2004
Sold by
Phelps Charles Joseph
Bought by
United States Of America

Purchase Details

Closed on
Sep 20, 2001
Sold by
Generations Trust Bank Na
Bought by
A V E Inc
Source: Public Records
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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
Van Buren Holdings Llc $275,000 First Arizona Title
Ken Inc -- None Available
Harris News Inc -- --
United States Of America -- --
A V E Inc -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Van Buren Holdings Llc $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2023 07/18/23 Sold $6,200 +1.6% --
06/23/2023 06/23/23 For Sale $6,105 -- --
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 $8,229 $57,932 -- --
2024 $8,152 $56,898 -- --
2023 $8,152 $89,097 $52,326 $36,771
2022 $8,093 $70,018 $36,173 $33,845
2021 $8,262 $71,118 $37,206 $33,912
2020 $8,357 $69,642 $36,072 $33,570
2019 $8,344 $57,744 $25,902 $31,842
2018 $8,201 $52,830 $21,942 $30,888
2017 $8,010 $54,738 $22,860 $31,878
2016 $7,781 $49,500 $20,790 $28,710
2015 $7,400 $43,346 $20,739 $22,607
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6572099

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-18-022