NOT LISTED FOR SALE

1608 S 7th Ave Phoenix, AZ 85007

Central City Neighborhood

Estimated Value: $257,000 - $279,321

-- Bed
-- Bath
2,228 Sq Ft
$120/Sq Ft Est. Value

Last Sold December 20, 2013

Last sale price $64,900 $29 Per Sq Ft

Est. 307% increase in value since last sale

Current estimated payment $1,496/month

84 Days on Market

Highlights

  • Gated Community
  • Community Kitchen
  • Chilled Water System
  • Phoenix Coding Academy Rated A
  • Ceramic Tile Flooring

About This Home

As of December 2013

THERE ARE TWO BUILDINGS - FRONT BLDG APPROX SQFT 1295 WAS OPERATED AS A BAR IN THE PAST, POLE SIGN IN PLACE. A SECOND BLDG IS IN THE BACK OF THE PROPERTY APPROX SQFT 930. 2 BEDROOMS 10X11, ONE BATHROOM, A LIVINGROOM 18X17 AN INSIDE LAUNDRY ROOM 8X9 AND A KITCHEN 8X9. THE LOT IS ZONED C-1 - COMMERCIAL USE. ROOFS AND SWAMP COOLERS ON BOTH BLDGS ARE APPROX 2 YEARS OLD. FRONT BLDG CURRENTLY BEING USED AS SOCIAL CLUB, BUT WILL BE VACANT AS OF 10/15. TENANT IN BACK HOUSE HAS BEEN IN HOME FOR 11 YEARS AND WILL STAY OR GO AND PAYING $500.00 PER MO NOW. SELLER IS MOTIVATED AND SAYS BRING ALL OFFERS! LISTING AGENT WILL MEET ALL PROSPECTIVE BUYERS AT PROPERTY TO GO OVER OPTIONS IF PROSPECTIVE BUYER WISHES. REAR BUILDING ENTRANCE AVAILABLE ONLY WITH CONTRACT. BUILDING IS BLOCK CONSTRUCTION.

Last Agent to Sell the Property

Dean Hoppes

Real Broker License #SA525151000 Listed on: 09/23/2013

Last Buyer's Agent

Dean Hoppes

Lifestyle Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,210

Year Built

  • Built in 1950

Lot Details

  • 5,916 Sq Ft Lot
  • Property fronts an alley
  • Chain Link Fence
  • Property is zoned C1/CN

Home Design

  • Composition Roof
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,228 Sq Ft Home
  • Ceramic Tile Flooring
  • Chilled Water System

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Covered Spaces
  • Free Parking
  • Fenced Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 105-34-005

Community Details

Amenities

  • Community Kitchen
  • Showroom

Additional Features

  • 2 Buildings
  • Operating Expense $1,210
  • Gated Community

Property Details

Property Type

Other

Est. Annual Taxes

$1,210

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: 7th Ave and I-17
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C1/CN
  • Number Of Buildings: 2
  • Ownership: Other (See Remarks)
  • Year Built: 1950
  • Tax Year: 2010
  • Directions: 7th Ave N of I-17, property on West side of 7th Ave
  • Lot Size Acres: 0.14
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Structure Type: Other (See Remarks), Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other, Ceramic Tile
  • Living Area: 2228.0

Exterior Features

  • Fencing: Chain Link
  • Disclosures: None
  • Construction Type: Stucco, Curtain Wall, Block
  • Roof: Composition, Built-Up, Rolled/Hot Mop
  • Construction:Block: Yes
  • Construction:Stucco2: Yes
  • Construction:Curtain Wall: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Other (See Remarks), Free, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Free: Yes
  • Parking:Other (See Remarks)24: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: APS
  • Cooling: Chiller System, Wall/Window Unit(s)
  • Heating: Other, See Remarks
  • Green Building Features: Showroom, Kitchen, Security Gate
  • Water Source: Other, See Remarks, City Franchise, Master Meter

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Showroom: Yes
  • Amenities:Security Gate: Yes

Lot Info

  • Lot Size Sq Ft: 5916.0
  • Parcel #: 105-34-005
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 1210.0

Tax Info

  • Tax Annual Amount: 1210.0
  • Tax Book Number: 105.00
  • Tax Lot: 5
  • Tax Map Number: 34.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2020
Sold by
Jay Maleski Jessica
Bought by
Invictus Az Properties Llc
Current Estimated Value
$264,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Outstanding Balance
$328,700
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$61,593

Purchase Details

Closed on
Jul 17, 2020
Sold by
Quintero Martha
Bought by
Invictus Az Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Outstanding Balance
$328,700
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$61,593

Purchase Details

Listed on
Sep 23, 2013
Closed on
Dec 20, 2013
Sold by
Horizons Diamond Homes Llc
Bought by
Quintero Martha
Seller's Agent
Dean Hoppes
Real Broker
Buyer's Agent
Dean Hoppes
Real Broker
List Price
$99,000
Sold Price
$64,900
Premium/Discount to List
-$34,100
-34.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.68%
Original Mortgage
$68,000
Interest Rate
4.17%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Sep 23, 2013
Closed on
Dec 17, 2013
Sold by
Hart Michael J and Hart Dorothy L
Bought by
Horizons Diamond Homes Llc
Seller's Agent
Dean Hoppes
Real Broker
Buyer's Agent
Dean Hoppes
Real Broker
List Price
$99,000
Sold Price
$64,900
Premium/Discount to List
-$34,100
-34.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
4.17%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 4, 2011
Sold by
Mgf Funding Inc
Bought by
Hart Michael J and Hart Dorothy L

Purchase Details

Closed on
Jan 12, 2009
Sold by
Mendoza Guadalupe and Mendoza Keisha L
Bought by
Mgf Funding Inc

Purchase Details

Closed on
Mar 24, 2005
Sold by
Barajas Amanda
Bought by
Mendoza Guadalupe and Mendoza Keisha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
5.84%
Mortgage Type
Commercial

Purchase Details

Closed on
May 10, 2002
Sold by
Canez Velia
Bought by
Barajas Amanda

Purchase Details

Closed on
Apr 1, 1987
Sold by
Florez Pedro and Florez Jessie
Bought by
Canez Velia
Source: Public Records

Range of Values:

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Average Value
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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
Invictus Az Properties Llc -- Empire West Title Agency Llc
Invictus Az Properties Llc $178,500 Empire West Title Agency Llc
Quintero Martha -- None Available
Horizons Diamond Homes Llc $64,900 Old Republic Title Agency
Hart Michael J -- None Available
Mgf Funding Inc $69,000 None Available
Mendoza Guadalupe $80,000 Capital Title Agency Inc
Barajas Amanda $45,000 Grand Canyon Title Agency In
Canez Velia -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Invictus Az Properties Llc $370,000
Previous Owner Quintero Martha $68,000
Previous Owner Mendoza Guadalupe $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2013 12/20/13 Sold $64,900 -34.4% $29 / Sq Ft
12/16/2013 12/16/13 Pending -- -- --
09/23/2013 09/23/13 For Sale $99,000 -- $44 / 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 $1,216 $8,563 -- --
2024 $1,134 $8,155 -- --
2023 $1,134 $20,788 $7,779 $13,009
2022 $1,098 $16,550 $4,814 $11,736
2021 $1,081 $15,790 $4,373 $11,417
2020 $1,103 $15,325 $4,018 $11,307
2019 $1,092 $9,175 $3,920 $5,255
2018 $1,082 $8,943 $3,626 $5,317
2017 $1,218 $8,555 $4,189 $4,366
2016 $1,184 $7,929 $3,808 $4,121
2015 $1,111 $7,299 $3,760 $3,539
Source: Public Records

Agents Affiliated with this Home

  • Dean Hoppes

    Seller's Agent in 2013

    Dean Hoppes

    Real Broker

    (480) 818-2039

    24 Total Sales

    Dean Hoppes
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5003214

Arizona Regional Multiple Listing Service (ARMLS)

APN: 105-34-005

Arizona Maricopa County Phoenix 85003 Central City

1608 S 7th Ave, Phoenix, AZ

This home is located at 1608 S 7th Ave, Phoenix, AZ 85007 since 23 September 2013 and is currently estimated at $267,107, approximately $119 per square foot. This property was built in 1950. 1608 S 7th Ave is a home located in Maricopa County with nearby schools including Mary Mcleod Bethune School, Phoenix Coding Academy, and Central High School.

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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