NOT LISTED FOR SALE

1541 E Thomas Rd Phoenix, AZ 85014

Coronado Neighborhood
-- Bed
-- Bath
11,664 Sq Ft
0.94 Acres

Last Sold February 09, 2024

Last sale price $1,520,000 $130 Per Sq Ft

32 Days on Market

Highlights

  • 0.94 Acre Lot
  • Central Air
  • Concrete Flooring
  • Phoenix Coding Academy Rated A

About This Home

As of February 2024

16 Thomas At Midtown is a central Phoenix redevelopment that includes a fully remodeled existing retail/office/flex space with controlled access and additional land with retail PAD upside (C-2 PAD Drive Thru Retail With City Of Phoenix CUP Approval) The property is 5 lots total with 2 buildings. The total land area includes approximately 41,029 SF or 0.94 Acres, and the total existing building square footage includes approximately 11,664 square feet.

Last Agent to Sell the Property

Ron Schmidt

HomeSmart License #SA671980000 Listed on: 11/09/2023

Last Buyer's Agent

Ernesto Rodriguez

West USA Realty License #SA567407000

West USA Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $12,900

Year Built

  • Built in 1957

Lot Details

  • 0.94 Acre Lot
  • Block Wall Fence
  • Property is zoned c-2

Home Design

  • Foam Roof
  • Block Exterior

Interior Spaces

  • 11,664 Sq Ft Home
  • Concrete Flooring

Parking

  • 38 Open Parking Spaces
  • 38 Parking Spaces
  • Fenced Parking

Utilities

  • Central Air
  • Multiple Heating Units
  • 220 Volts

Community Details

  • 2 Buildings

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 117-20-006

Property Details

Property Type

Other

Est. Annual Taxes

$12,900

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Cross Street: 16th Street and Thomas Rd.
  • Property Type: Comm/Industry Sale
  • Zoning: c-2
  • Bay Info Bay Door Height: 8.0
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1957
  • Tax Year: 2023
  • Lot Size Acres: 0.94
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 11664.0

Exterior Features

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

Garage/Parking

  • Parking Features: Fenced
  • Attached Garage: No
  • Open Parking Spaces: 38.0
  • Total Parking Spaces: 38.0
  • General Property Description:Uncvrd Parking Spcs: 38.0
  • General Property Description:Total Parking Spcs: 38.0
  • Parking:Fenced: Yes

Utilities

  • Electric: 220 Volts
  • Cooling: Central A/C
  • Heating: 2 or More Units
  • Water Source: City Franchise
  • Heating:_two_ or More Units3: Yes

Lot Info

  • Lot Size Sq Ft: 41029.0
  • Parcel #: 117-20-006
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 12900.0
  • Tax Book Number: 117.00
  • Tax Lot: 6
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2024
Sold by
One Point Psychiatric Llc
Bought by
Menatos Investments Llc

Purchase Details

Listed on
Oct 21, 2022
Closed on
May 1, 2023
Sold by
Civitan Foundation Inc
Bought by
One Point Psychiatric Llc
Seller's Agent
Natan Jacobs
Vestis Group
Buyer's Agent
Ronald Schmidt
West USA Realty
List Price
$1,700,000
Sold Price
$1,400,000
Premium/Discount to List
-$300,000
-17.65%
Views
6
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Menatos Investments Llc $1,520,000 Fidelity National Title Agency
One Point Psychiatric Llc $1,400,000 Empire Title Agency
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/09/2024 02/09/24 Sold $1,520,000 -4.7% $130 / Sq Ft
12/12/2023 12/12/23 Pending -- -- --
11/09/2023 11/09/23 For Sale $1,595,000 +13.9% $137 / Sq Ft
05/01/2023 05/01/23 Sold $1,400,000 -6.7% $120 / Sq Ft View Prior Sale
04/06/2023 04/06/23 Pending -- -- --
03/17/2023 03/17/23 Price Changed $1,500,000 -3.2% $129 / Sq Ft
02/27/2023 02/27/23 Price Changed $1,550,000 -3.1% $133 / Sq Ft
02/10/2023 02/10/23 Price Changed $1,600,000 -5.9% $137 / Sq Ft
10/21/2022 10/21/22 For Sale $1,700,000 -- $146 / 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 $1,160 $8,168 $8,168 --
2024 -- $7,779 $7,779 --
2023 $0 $12,900 $12,900 $0
2022 $0 $9,150 $9,150 $0
2021 $0 $9,150 $9,150 $0
2020 $0 $10,008 $10,008 $0
2019 $1,255 $7,524 $7,524 $0
2018 $1,233 $6,966 $6,966 $0
2017 $1,294 $7,254 $7,254 $0
2016 $1,257 $6,786 $6,786 $0
2015 $1,225 $6,808 $6,808 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Ron Schmidt

    HomeSmart

  • Ernesto Rodriguez

    Buyer's Agent in 2024

    Ernesto Rodriguez

    West USA Realty

    (602) 430-4592

    1 in this area

    36 Total Sales

    Ernesto Rodriguez
    Section Image
  • Natan Jacobs

    Seller's Agent in 2023

    Natan Jacobs

    Vestis Group

    (480) 440-4403

    4 in this area

    30 Total Sales

    Natan Jacobs
    Section Image
  • Ronald Schmidt

    Buyer's Agent in 2023

    Ronald Schmidt

    West USA Realty

    (805) 458-6735

    1 in this area

    35 Total Sales

    Ronald Schmidt
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6628647

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-20-006

Arizona Maricopa County Phoenix 85006 Coronado

1541 E Thomas Rd, Phoenix, AZ

Not Listed for Sale

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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