NOT LISTED FOR SALE
-- Bed
-- Bath
6,251 Sq Ft
0.36 Acres

Last Sold January 16, 2017

Last sale price $482,500 $77 Per Sq Ft

354 Days on Market

About This Home

As of January 2017

Assemblage and/or Redevelopment Opportunity on a busy street, zoning is C-3 Commercial General zoning, ALSO new Walkable Urban zoning by the City of Phoenix; Directly on light rail, close to downtown Phoenix, I-10 Freeway, Sky Harbor Airport, Warehouse and concrete parking and yard. Fenced and easy access. The new Walkable Urban zoning allows up to 5 stories generally along light rail corridor streets.

Last Agent to Sell the Property

Bryan Watkins

LRA Real Estate Group, LLC License #BR545459000 Listed on: 11/14/2015

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,816

Year Built

  • Built in 1964

Lot Details

  • 0.36 Acre Lot
  • Chain Link Fence
  • Property is zoned C-3

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 6,251 Sq Ft Home
  • Concrete Flooring

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 116-46-116-A

Property Details

Property Type

Other

Est. Annual Taxes

$5,816

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Cross Street: Washington & 16th St
  • Property Type: Comm/Industry Sale
  • Zoning: C-3
  • Current Use: Retail, Office, Warehouse
  • Number Of Buildings: 1
  • Year Built: 1964
  • Tax Year: 2015
  • Directions: W on Washington to property, 1 block on right side
  • Lot Size Acres: 0.36
  • Structure Type: Commercial, Industrial, Office
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Chain Link
  • Construction Type: Block
  • Roof: See Remarks, Composition
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: APS
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Water Source: City Franchise
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Lot Info

  • Lot Size Sq Ft: 15700.0
  • Additional Parcels: No
  • Parcel #: 116-46-116-A
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5816.0
  • Tax Book Number: 116.00
  • Tax Lot: 18
  • Tax Map Number: 46.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2015
Closed on
Dec 19, 2016
Sold by
Moodyhempel Llc
Bought by
Klondyke Studio Llc
Seller's Agent
Bryan Watkins
LRA Real Estate Group, LLC
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$550,000
Sold Price
$482,500
Premium/Discount to List
-$67,500
-12.27%
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
Klondyke Studio Llc $482,500 Landmark Title Assurance Age
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klondyke Studio Llc $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2017 01/16/17 Sold $482,500 -12.3% $77 / Sq Ft
11/01/2016 11/01/16 Pending -- -- --
11/13/2015 11/13/15 For Sale $550,000 -- $88 / 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 $6,280 $45,536 -- --
2024 $6,407 $44,723 -- --
2023 $6,407 $82,161 $39,287 $42,874
2022 $6,362 $67,113 $31,780 $35,333
2021 $6,494 $60,246 $32,688 $27,558
2020 $6,569 $53,838 $28,998 $24,840
2019 $6,558 $49,806 $22,032 $27,774
2018 $6,446 $44,964 $18,666 $26,298
2017 $6,296 $40,896 $19,440 $21,456
2016 $6,116 $37,008 $17,676 $19,332
2015 $5,816 $33,578 $18,352 $15,226
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5362583

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-46-116A