NOT LISTED FOR SALE

1612 W Bell Rd Phoenix, AZ 85023

North Central Phoenix Neighborhood

Estimated Value: $1,116,356

-- Bed
-- Bath
3,361 Sq Ft
$332/Sq Ft Est. Value

Last Sold April 09, 2015

Last sale price $533,000 $159 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $6,570/month

118 Days on Market

Highlights

  • 0.29 Acre Lot
  • Cooling Available
  • Heating Available

About This Home

As of April 2015

3,360 SF freestanding retail building with excellent frontage along West Bell Rd. Direct ingress/egress from W. Bell Rd. for eastbound and westbound traffic. Open floor plan, which could easily be demised for multi-tenant use. Located near national retailers such as Wal-Mart, Sam's Club, Kohl's, Goodwill, and 99 Cent Only Store.Located on W. Bell Rd., east of Interstate-17.

Last Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 10/16/2014

Co-Listed By

Justin Cirell

R.O.I. Properties License #SA644392000

Last Buyer's Agent

Roberto Rodriguez

Your Home Sold Guaranteed Realty License #BR100170000

Your Home Sold Guaranteed Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,180

Year Built

  • Built in 1985

Lot Details

  • 0.29 Acre Lot
  • Property is zoned C-1

Home Design

  • 3,361 Sq Ft Home
  • Stucco

Parking

  • 16 Open Parking Spaces
  • 16 Parking Spaces
  • Free Parking

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Operating Expense $7,180

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 208-08-007-M

Property Details

Property Type

Other

Est. Annual Taxes

$7,180

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: W. Bell Rd. & 17th Ave.
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-1
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2013
  • Lot Size Acres: 0.29
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Structure Type: Commercial
  • Tax Parcel Letter: M
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 3361.0

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Stucco
  • Roof: Other
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Free
  • Attached Garage: No
  • Open Parking Spaces: 16.0
  • Total Parking Spaces: 16.0
  • General Property Description:Uncvrd Parking Spcs: 16.0
  • General Property Description:Total Parking Spcs: 16.0
  • Parking Features Free: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other, See Remarks
  • Main Cooling Other: Yes

Lot Info

  • Lot Size Sq Ft: 12632.4
  • Parcel #: 208-08-007-M

Multi Family

  • Annual Operating Expense: 7180.42

Tax Info

  • Tax Annual Amount: 7180.42
  • Tax Book Number: 208.00
  • Tax Lot: 1
  • Tax Map Number: 8.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2016
Sold by
Sepulveda Casillas Corporation
Bought by
Las Minitas Llc
Current Estimated Value
$1,116,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,000
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 2016
Sold by
Zuniga Gustavo Sepulveda and Martinez Ana S Casillas
Bought by
Sepulveda Casillas Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,000
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 16, 2014
Closed on
May 5, 2015
Sold by
A&R Properties Llc
Bought by
Zuniga Gustavo Sepulveda and Martinez Ana S Casillas
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Roberto Rodriguez
Your Home Sold Guaranteed Realty
List Price
$558,000
Sold Price
$533,000
Premium/Discount to List
-$25,000
-4.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%
Original Mortgage
$319,800
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 26, 1998
Sold by
A & R Properties
Bought by
A & R Properties Llc
Source: Public Records

Range of Values:

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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
Las Minitas Llc -- None Available
Sepulveda Casillas Corporation -- Empire West Title Agency
Zuniga Gustavo Sepulveda $533,000 Security Title Agency Inc
A & R Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sepulveda Casillas Corporation $327,000
Previous Owner Zuniga Gustavo Sepulveda $319,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2015 04/09/15 Sold $533,000 -4.5% $159 / Sq Ft
02/09/2015 02/09/15 Pending -- -- --
10/14/2014 10/14/14 For Sale $558,000 -- $166 / 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 $7,817 $74,872 -- --
2024 $7,926 $73,535 -- --
2023 $7,926 $85,068 $37,247 $47,821
2022 $7,884 $78,891 $34,248 $44,643
2021 $8,325 $80,604 $35,226 $45,378
2020 $8,181 $90,126 $44,064 $46,062
2019 $7,945 $68,490 $31,932 $36,558
2018 $7,695 $65,682 $29,088 $36,594
2017 $7,445 $64,656 $27,972 $36,684
2016 $7,064 $59,274 $25,290 $33,984
2015 $6,507 $53,521 $24,013 $29,508
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Beth Jo Zeitzer

    R.O.I. Properties

    Section Image
  • Justin Cirell

    Seller Co-Listing Agent in 2015

    Justin Cirell

    R.O.I. Properties

    (480) 356-1450

    6 Total Sales

    Justin Cirell
    Section Image

  • R

    Buyer's Agent in 2015

    Roberto Rodriguez

    Your Home Sold Guaranteed Realty

    (602) 550-0653

    1 in this area

    37 Total Sales

    Roberto Rodriguez
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5186698

Arizona Regional Multiple Listing Service (ARMLS)

APN: 208-08-007M

Arizona Maricopa County Phoenix 85023 North Central Phoenix

1612 W Bell Rd, Phoenix, AZ

This home is located at 1612 W Bell Rd, Phoenix, AZ 85023 since 16 October 2014 and is currently estimated at $1,116,356, approximately $332 per square foot. This property was built in 1985. 1612 W Bell Rd is a home located in Maricopa County with nearby schools including Constitution Elementary School, Deer Valley Middle School, and Barry Goldwater 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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