R
Seller's Agent in 2022
Richard Newhouse
Newhouse Realty & Mortgage
15640 N 7th St Unit 7 Phoenix, AZ 85022
Moon Valley NeighborhoodEstimated Value: $2,202,188
--
Bed
--
Bath
14,519
Sq Ft
$152/Sq Ft
Est. Value
Highlights
- Community Kitchen
- Computer Room
- Ceramic Tile Flooring
- Thunderbird High School Rated A-
- Cooling Available
- Heat Pump System
About This Home
As of November 2022The lease price will have an owner promotion of 50% reduction for the first six months. This lease price,$809 does not include the triple NET rate of $612.50 which added to the lease = a total monthly rate of $1,421(6-mos) Completely refurbished interior.2 private offices and a large conf. room that could also be an office. Has four locations for cubicles with power, tel., and computer hook-up. Separate private bathroom. This office is located in a very desirable community of Moon Valley. Outstanding demographics Landlord will lease for18.50/SF lease rate per year/sf, will take either a 3 or 5 year initial lease. 4% increase per year on 18.50 lease. NNN ($612.50/mo.)should stay approximately the same. throughout lease.Excellent location!. Office layout is perfect for small business
Last Agent to Sell the Property
Richard Newhouse
Newhouse Realty & Mortgage License #BR519342000 Listed on: 07/20/2022
Property Details
Property Type
- Other
Est. Annual Taxes
- $37,340
Year Built
- Built in 2002
Lot Details
- Block Wall Fence
- Property is zoned C-1
Home Design
- Tile Roof
- Block Exterior
Interior Spaces
- 14,519 Sq Ft Home
- Computer Room
Flooring
- Carpet
- Ceramic Tile
Parking
- 61 Open Parking Spaces
- 61 Parking Spaces
- Private Parking
- Free Parking
- Paved Parking
Utilities
- Cooling Available
- Heat Pump System
- Master Water Meter
Listing and Financial Details
- Property Available on 7/30/22
- The owner pays for management, taxes, exterior maintenance, common area maintenance, fire insurance, trash collection, bldg liability ins, glass insurance, sewer, water
- Assessor Parcel Number 208-12-007-L
Community Details
Overview
- 2 Buildings
- Ledgestone Place Subdivision
Amenities
- Community Kitchen
- Meeting Room
- Showroom
- Reception Area
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 4, 2024
Sold by
Ledgestone 3 Llc
Bought by
Ledgestone Investments Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,833,195
Outstanding Balance
$1,814,945
Interest Rate
6.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 21, 2022
Sold by
Ledgestone Place Llc
Bought by
Ledgestone 3 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
5.78%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 27, 2003
Sold by
Reinsch Land Llc
Bought by
Ledgestone Place Llc
Purchase Details
Closed on
Aug 28, 2001
Sold by
Reinsch David A and Reinsch Ann
Bought by
Reinsch Land Llc
Purchase Details
Closed on
Nov 2, 2000
Sold by
Davidson Gary D
Bought by
Reinsch David A and Reinsch Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 13, 2000
Sold by
Davidson Gary D
Bought by
City Of Phoenix
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 14, 2000
Sold by
Switzenberg Donald M
Bought by
Davidson Gary D
Purchase Details
Closed on
Jan 1, 2000
Sold by
Lnp Properties Llc
Bought by
Davidson Gary D
Purchase Details
Closed on
Oct 24, 1996
Sold by
Davidson Gary D and Switzenberg Donald M
Bought by
Lnp Properties Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ledgestone Investments Llc | $2,156,700 | First American Title Insurance | |
| Ledgestone Investments Llc | $2,156,700 | First American Title Insurance | |
| Ledgestone 3 Llc | $2,750,000 | First American Title | |
| Ledgestone Place Llc | -- | -- | |
| Reinsch Land Llc | -- | -- | |
| Reinsch David A | $345,000 | Fidelity National Title | |
| City Of Phoenix | -- | -- | |
| Davidson Gary D | $90,000 | Fidelity National Title | |
| Davidson Gary D | $131,500 | Fidelity National Title | |
| Switzenberg Donald M | $131,500 | Fidelity National Title | |
| Lnp Properties Llc | -- | Fidelity National Title | |
| Switzenberg Donald M | -- | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ledgestone Investments Llc | $1,833,195 | |
| Closed | Ledgestone Investments Llc | $1,833,195 | |
| Previous Owner | Ledgestone 3 Llc | $1,800,000 | |
| Previous Owner | Reinsch David A | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/01/2022 11/01/22 | Sold | $1,619 | 0.0% | $0 / Sq Ft |
| 09/29/2022 09/29/22 | Pending | -- | -- | -- |
| 08/26/2022 08/26/22 | Price Changed | $1,619 | +75.0% | $0 / Sq Ft |
| 08/06/2022 08/06/22 | Price Changed | $925 | -62.4% | $0 / Sq Ft |
| 07/06/2022 07/06/22 | For Sale | $2,462 | -- | $0 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $37,340 | $296,043 | -- | -- |
| 2024 | $37,771 | $290,757 | -- | -- |
| 2023 | $37,771 | $503,472 | $110,296 | $393,176 |
| 2022 | $37,615 | $395,080 | $104,020 | $291,060 |
| 2021 | $39,187 | $364,644 | $106,992 | $257,652 |
| 2020 | $38,209 | $284,400 | $82,386 | $202,014 |
| 2019 | $37,511 | $325,350 | $80,622 | $244,728 |
| 2018 | $36,529 | $283,500 | $59,400 | $224,100 |
| 2017 | $36,344 | $268,362 | $62,820 | $205,542 |
| 2016 | $35,683 | $214,686 | $64,998 | $149,688 |
| 2015 | $44,914 | $294,151 | $61,291 | $232,860 |
Source: Public Records
Agents Affiliated with this Home
-
-
Raymond Newhouse
R
Seller Co-Listing Agent in 2022
Raymond Newhouse
Newhouse Realty & Mortgage
(602) 375-9000
4 in this area
11 Total Sales
-
Olivia Parker
O
Buyer's Agent in 2022
Olivia Parker
Realty One Group
(480) 799-6602
1 in this area
4 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6429340
APN: 208-12-007L
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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