NOT LISTED FOR SALE

Estimated Value: $1,843,554

Studio
-- Bath
8,462 Sq Ft
$218/Sq Ft Est. Value

Last Sold November 13, 2024

Last sale price $1,810,000 $214 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $11,669/month

30 Days on Market

Highlights

  • 0.65 Acre Lot
  • Wood Flooring
  • Central Air
  • Madison Heights Elementary School Rated A-
  • Meeting Room
  • Partially Fenced Property

About This Home

As of November 2024

Terrific Owner/User opportunity located in the Piestewa Peak Corridor. Just over 8,000 sqft., modern architectural design and interior finishes. Floor plan offers 4 large perimeter suites with central common area including reception, conference room, restrooms and break area. High ratio per 1000 sqft. of covered and uncovered parking spaces Property is currently 50% occupied w/ lease expiration Q2 2025.

Last Agent to Sell the Property

Garrett Shinoskie

RETSY License #BR668584000 Listed on: 09/24/2024

RETSY

Last Buyer's Agent

Kari Berger

Posh Properties License #SA565787000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $21,508

Year Built

  • Built in 2004

Lot Details

  • 0.65 Acre Lot
  • Partially Fenced Property
  • Property is zoned C-O

Home Design

  • 8,462 Sq Ft Home
  • Wood Frame Construction
  • Foam Roof
  • Metal Siding

Flooring

  • Wood
  • Carpet

Parking

  • 10 Open Parking Spaces
  • 30 Parking Spaces
  • Public Parking
  • 20 Covered Spaces
  • Private Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 160-25-208

Community Details

Amenities

  • Meeting Room
  • Reception Area

Additional Features

  • 16Th Street And Orangewood Offices Subdivision
  • Operating Expense $47,116

Property Details

Property Type

Other

Est. Annual Taxes

$21,508

Year Built

Built in 2004

Lot Details

0.65 Acres

Listing Details

  • Cross Street: N 16th St and E Orangewood Ave
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-O
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2004
  • Tax Year: 2023
  • Lot Size Acres: 0.65
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: 16TH STREET AND ORANGEWOOD OFFICES
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Wood
  • Living Area: 8462.0

Exterior Features

  • Fencing: Partial
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Frame - Wood, Metal Siding
  • Roof: Foam
  • Construction:Metal: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Total Covered Spaces: 20.0
  • Parking Features: Paved Parking, Private Parking, Public Parking
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 30.0
  • General Property Description:Covered Parking Spcs: 20.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 30.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Office A/C, Central A/C
  • Heating: Electric
  • Green Building Features: Conference Room, Reception Room
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes

Lot Info

  • Lot Size Sq Ft: 28350.0
  • Parcel #: 160-25-208
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 47116.24
  • Vacancy Allowance Rate: 0.5

Tax Info

  • Tax Annual Amount: 21508.0
  • Tax Book Number: 160.00
  • Tax Lot: 2
  • Tax Map Number: 25.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2024
Closed on
Nov 9, 2024
Sold by
Point Offices Llc
Bought by
Coronado Ventures Llc
Seller's Agent
Garrett Shinoskie
RETSY
Buyer's Agent
Kari Berger
Posh Properties
List Price
$1,950,000
Sold Price
$1,810,000
Premium/Discount to List
-$140,000
-7.18%
Views
5
Current Estimated Value
$1,843,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,554
Avg. Annual Appreciation
1.38%

Purchase Details

Closed on
May 13, 2003
Sold by
16Th Street & Orangewood Llc
Bought by
Point Offices Llc

Purchase Details

Closed on
May 12, 2003
Sold by
Tripodi Cosimo and Tripodi Evelyn P
Bought by
16Th Street & Orangewood Llc

Purchase Details

Closed on
Nov 12, 2002
Sold by
Tripodi Evelyn P and Fay William E
Bought by
Tripodi Cosimo and Tripodi Evelyn P

Purchase Details

Closed on
Aug 30, 1994
Sold by
Fay William E and Fay Ingeborg
Bought by
Fay William E and Fay Ingeborg
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
Coronado Ventures Llc $1,810,000 Wfg National Title Insurance C
Point Offices Llc $372,750 Fidelity National Title
16Th Street & Orangewood Llc $1,065,000 Fidelity National Title
Tripodi Cosimo -- Fidelity National Title
Tripodi Evelyn P -- Fidelity National Title
Fay William E -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2024 11/13/24 Sold $1,810,000 -7.2% $214 / Sq Ft
09/24/2024 09/24/24 For Sale $1,950,000 0.0% $230 / Sq Ft
08/23/2024 08/23/24 Pending -- -- --
07/23/2024 07/23/24 For Sale $1,950,000 -- $230 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $21,818 $167,469 -- --
2024 $21,508 $164,479 -- --
2023 $21,508 $263,500 $126,276 $137,224
2022 $21,481 $292,915 $108,115 $184,800
2021 $22,286 $296,370 $111,204 $185,166
2020 $21,939 $206,964 $91,836 $115,128
2019 $21,455 $195,084 $81,270 $113,814
2018 $20,929 $191,538 $72,270 $119,268
2017 $19,943 $184,176 $70,164 $114,012
2016 $19,255 $121,446 $57,708 $63,738
2015 $28,996 $202,057 $51,430 $150,627
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6734873

Arizona Regional Multiple Listing Service (ARMLS)

APN: 160-25-208

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