$6,000
SOLD JUN 1, 2023
-- Bed
-- Bath
4,867 Sq Ft
7,000 Sq Ft Lot

Recently Sold

$1 Per Sq Ft

17% Below List Price

24 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • 3-minute walk to Eastlake Park
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of June 2023

* Approximately 4,867 SF* For Lease: $17.76 PSF NNN* Zoning: C-3, City of Phoenix* 11' Clear Height* EVAP Cooled Warehouse* Two 10'H x 12'W Grade Level Doors* Fully Fenced Lot* Located in Opportunity Zone* Equipment can be included: 4 lifts w/ alignment machine, new compressor, tire machine, AC recharging machine, furniture in office, security cameras

Last Agent to Sell the Property

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 05/05/2023

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 1965

Lot Details

  • 7,000 Sq Ft Lot
  • Additional Parcels
  • Property is zoned C-3

Interior Spaces

  • 4,867 Sq Ft Home
  • Concrete Flooring

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces
  • Paved Parking

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Collins Addition Phoenix Blocks 31 34 & 39 40 Subdivision

Listing and Financial Details

  • Property Available on 3/21/23
  • Tax Lot 8
  • Assessor Parcel Number 115-05-058

Property Details

Property Type

Other

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Cross Street: E Jefferson St & S 16th St
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Lease
  • Zoning: C-3
  • Number Of Buildings: 1
  • Lease Info Annual Lease Price: 86438.0
  • Lease Info Annual Lse Prc P S F: 17.76
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 0
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 4867
  • Year Built: 1965
  • Tax Year: 2022
  • Lot Size Acres: 0.16
  • Subdivision Name: COLLINS ADDITION PHOENIX BLOCKS 31-34 & 39-40
  • Structure Type: Industrial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other, Concrete
  • Living Area: 4867.0

Exterior Features

  • Fencing: Other
  • Disclosures: Other (See Remarks)
  • Construction Type: Other
  • Roof: Other

Garage/Parking

  • Parking Features: Paved
  • Attached Garage: No
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 20.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 20.0
  • Parking Features:Paved: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 7000.0
  • Additional Parcels: Yes
  • Parcel #: 115-05-058
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2023-03-21

Multi Family

  • Owner Pays: Other
  • Existing Lease Type: NNN
  • Leasable Area: 4867.0

Tax Info

  • Tax Annual Amount: 4591.0
  • Tax Book Number: 115.00
  • Tax Lot: 8
  • Tax Map Number: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
May 17, 2023
Sold by
You Are Loved Llc
Bought by
Sbl Real Estate Llc
Seller's Agent
Tanner Milne
The Menlo Group Commercial Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$7,203
Sold Price
$6,000
Premium/Discount to List
-$1,203
-16.7%
Views
33

Purchase Details

Closed on
Jul 20, 2022
Sold by
Kjellbergs Inc
Bought by
You Are Loved Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 19, 2021
Closed on
Mar 22, 2021
Sold by
Javan Roya
Bought by
Kjellbergs Inc
Seller's Agent
Michael Karbassi
Barrett Real Estate
Buyer's Agent
Kenneth Clark
HomeSmart
List Price
$1,050,000
Sold Price
$1,000,000
Premium/Discount to List
-$50,000
-4.76%

Purchase Details

Closed on
Jun 15, 2015
Sold by
Temme Albert P and Temme Mary M
Bought by
Javan Roya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
3.64%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 8, 2003
Sold by
Mccoy Barbara H and Mccoy John L
Bought by
Temme Albert P and Strunk Mary M
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 Type Sale Price Title Company
Special Warranty Deed $860,000 Old Republic Title Agency
Special Warranty Deed $310,000 Greystone Title
Warranty Deed $1,000,000 Equitable Title Agency
Special Warranty Deed $275,000 Stewart Title & Trust Of Pho
Joint Tenancy Deed -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $780,000 New Conventional
Previous Owner $210,000 New Conventional
Previous Owner $215,000 Seller Take Back
Previous Owner $60,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2024 08/27/24 For Sale $1,260,000 +20900.0% $259 / Sq Ft
06/01/2023 06/01/23 Sold $6,000 -16.7% $1 / Sq Ft
05/05/2023 05/05/23 For Sale $7,203 -99.3% $1 / Sq Ft
03/29/2021 03/29/21 Sold $1,000,000 -4.8% $205 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $1,050,000 -- $216 / 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 $4,532 $32,864 -- --
2024 $4,624 $32,277 -- --
2023 $4,624 $47,294 $19,210 $28,084
2022 $4,591 $39,726 $14,683 $25,043
2021 $4,687 $37,116 $15,102 $22,014
2020 $4,741 $32,400 $13,698 $18,702
2019 $4,733 $29,196 $10,854 $18,342
2018 $4,652 $29,088 $9,198 $19,890
2017 $4,544 $28,026 $9,576 $18,450
2016 $4,414 $23,832 $8,712 $15,120
2015 $4,750 $27,010 $8,695 $18,315
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6553135

Arizona Regional Multiple Listing Service (ARMLS)

APN: 115-05-058