Seller's Agent in 2023
Eric Lambert
Versatile Properties
(480) 284-3204
3 in this area
59 Total Sales
1544 E Mitchell Dr Phoenix, AZ 85014
Central City NeighborhoodEstimated Value: $654,382
Studio
--
Bath
2,992
Sq Ft
$219/Sq Ft
Est. Value
Highlights
- 0.32 Acre Lot
- Wood Flooring
- Central Air
- Longview Elementary School Rated 9+
- Community Kitchen
- Heat Pump System
About This Home
As of January 2023Great Value Add Opportunity. This corner lot building has excellent visibility with high traffic count and 16th Street frontage. This property can be used for a variety of uses such as a day care, doctor, dentist, real estate, insurance, etc. This property has operated as a day care for over 15 years and it has 3 separate buildings. You could divide and separate into 3 separate office suites or front as a retail suite and back as office suites.
Last Agent to Sell the Property
Versatile Properties License #SA680077000 Listed on: 09/27/2022
Property Details
Property Type
- Other
Est. Annual Taxes
- $3,615
Year Built
- Built in 1950
Lot Details
- 13,939 Sq Ft Lot
- Chain Link Fence
- Property is zoned COMMUNITY COMM
Home Design
- 2,992 Sq Ft Home
- Tilt Up Walls
- Wood Frame Construction
- Composition Roof
- Block Exterior
Flooring
- Wood
- Carpet
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- Private Parking
- Free Parking
- Paved Parking
Utilities
- Central Air
- Cooling System Mounted To A Wall/Window
- Heat Pump System
Community Details
- 3 Buildings
- Community Kitchen
- Operating Expense $3,615
Listing and Financial Details
- Assessor Parcel Number 118-09-116-A
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 27, 2022
Closed on
Jan 6, 2023
Sold by
Bought by
Seller's Agent
Eric Lambert
Versatile Properties
Buyer's Agent
Carrick Sears
SVN/Desert Commercial Advisors
List Price
$600,000
Sold Price
$615,000
Premium/Discount to List
$15,000
2.5%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,382
Avg. Annual Appreciation
1.82%
Original Mortgage
$300,000
Outstanding Balance
$290,688
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$363,694
Purchase Details
Closed on
Nov 30, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
6.36%
Mortgage Type
Commercial
Purchase Details
Closed on
May 19, 1998
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $615,000 | Stewart Title & Trust Of Phoen | ||
| $350,000 | Chicago Title Insurance Comp | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $300,000 | ||
| Previous Owner | $324,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/06/2023 01/06/23 | Sold | $615,000 | +2.5% | $206 / Sq Ft |
| 01/05/2023 01/05/23 | Price Changed | $600,000 | 0.0% | $201 / Sq Ft |
| 10/02/2022 10/02/22 | Pending | -- | -- | -- |
| 09/27/2022 09/27/22 | For Sale | $600,000 | -- | $201 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $3,894 | $29,987 | -- | -- |
| 2024 | $3,635 | $28,559 | -- | -- |
| 2023 | $3,635 | $46,960 | $27,160 | $19,800 |
| 2022 | $3,615 | $42,290 | $25,010 | $17,280 |
| 2021 | $3,677 | $41,790 | $25,010 | $16,780 |
| 2020 | $3,583 | $34,640 | $18,060 | $16,580 |
| 2019 | $3,428 | $29,520 | $13,710 | $15,810 |
| 2018 | $3,314 | $28,460 | $12,700 | $15,760 |
| 2017 | $3,043 | $20,580 | $13,220 | $7,360 |
| 2016 | $2,936 | $19,330 | $12,360 | $6,970 |
| 2015 | $2,753 | $18,570 | $12,250 | $6,320 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Lambert
-
Jeremy Solem
Seller Co-Listing Agent in 2023
Jeremy Solem
Versatile Properties
(602) 327-7538
1 in this area
56 Total Sales
-
Carrick Sears
Buyer's Agent in 2023
Carrick Sears
SVN/Desert Commercial Advisors
(602) 327-0325
2 in this area
18 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6469538
APN: 118-09-116A
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.
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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