NOT LISTED FOR SALE

1625 N 40th St Phoenix, AZ 85008

Camelback East Village Neighborhood

Estimated Value: $1,810,540

Studio
-- Bath
10,000 Sq Ft
$181/Sq Ft Est. Value

Sale Details

Date Sold: June 29, 2018

Last sale price $900,000 $90 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $10,981 / mo

321 Days on Market

Highlights

  • Gated Community
  • 1.07 Acre Lot
  • Security Fence
  • Phoenix Coding Academy Rated A
  • Skylights
  • Concrete Flooring

About This Home

As of June 2018

BACK ON THE MARKET! BUYER DIDN'T COMPLETE INSPECTIONS! THIS IS READY TO SELL - SELLER IS MOTIVATED - BRING YOUR OFFER. This is a 46,435 square foot lot with a 15 foot high, 10,000 square foot building in the heart of a busy area of Phoenix. A two minute drive to the 202 and just a few more minutes to the airport. The building has four 15 ft high bay doors and 15 foot high interior ceilings and 3 phase power. There is a state licensed dispensary next door bordering the property. This is a large building with lots of room to add on. Full security fencing and a full security system are in place and convey with the property. Please call the listing agent to view the property.
DO NOT DISTURB THE OWNER OR THE EMPLOYEES. THANK'S.

Last Agent to Sell the Property

Jim Ebbert

HomeSmart License #SA567086000 Listed on: 06/12/2017

HomeSmart

Last Buyer's Agent

Kevin Rille

KLMN Properties, Inc License #BR535385000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $12,789

Year Built

  • Built in 1968

Lot Details

  • 1.07 Acre Lot
  • Security Fence
  • Wire Fence
  • Property is zoned C2

Home Design

  • Block Exterior

Interior Spaces

  • 10,000 Sq Ft Home
  • Skylights
  • Concrete Flooring

Parking

  • 50 Open Parking Spaces
  • 50 Parking Spaces

Utilities

  • Heat Pump System
  • Three-Phase Power
  • Master Meter
  • 200+ Amp Service
  • Master Water Meter
  • Fiber Optics Available

Community Details

  • Operating Expense $23,313
  • Gated Community

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 126-06-172

Property Details

Property Type

Other

Est. Annual Taxes

$12,789

Year Built

Built in 1968

Lot Details

1.07 Acres

Listing Details

  • Cross Street: 40th Street & McDowell Road
  • Legal Info Range: 172
  • Property Type: Comm/Industry Sale
  • Zoning: C2
  • Bay Info Bay Door Height: 15.0
  • Current Use: Service Business, Automobile, Mini-Storage, Office, Warehouse, Wholesale
  • Number Of Buildings: 1
  • Year Built: 1968
  • Tax Year: 2016
  • Lot Size Acres: 1.07
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s), Sidewalk(s)
  • Structure Type: Commercial, Industrial, Office, Manufacturing, Distribution/Warehse
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Security, Block, Wire, See Remarks
  • Construction Type: Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 50.0
  • Total Parking Spaces: 50.0
  • General Property Description:Uncvrd Parking Spcs: 50.0
  • General Property Description:Total Parking Spcs: 50.0
  • Parking:Paved Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: 3 Phase Power, Over 220 Amp, Master Meter, SRP
  • Cooling: Heat Pump, Warehouse Evap, Warehouse A/C, Office A/C
  • Heating: Electric
  • Green Building Features: Fiber Optic Availble, Skylight(s), Security Gate
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Electric Master Meter: Yes

Association/Amenities

  • Amenities:Skylight(s)2: Yes
  • Amenities:Security Gate: Yes
  • Amenities:Fiber Optic Availble: Yes

Fee Information

  • Trash Expense: 564.0
  • Annual Water Sewer Expense: 240.0

Lot Info

  • Lot Size Sq Ft: 46435.0
  • Additional Parcels: No
  • Parcel #: 126-06-172
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 4200.0
  • Insurance Expense: 5520.0
  • Annual Operating Expense: 23313.0

Tax Info

  • Tax Annual Amount: 12789.0
  • Tax Book Number: 126.00
  • Tax Lot: 2
  • Tax Map Number: 6.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2020
Sold by
Bought by
Current Estimated Value
$1,810,540

Purchase Details

Listed on
Jun 12, 2017
Closed on
Jun 28, 2018
Sold by
Bought by
Seller's Agent
Jim Ebbert
HomeSmart
Buyer's Agent
Kevin Rille
KLMN Properties, Inc
List Price
$995,000
Sold Price
$900,000
Premium/Discount to List
-$95,000
-9.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.08%

Purchase Details

Closed on
Jul 25, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
0.0556%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 27, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,351,000 First American Title
$900,000 Chicago Title Insurance Comp
$800,000 --
$400,000 Fidelity Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $554,000
Previous Owner $328,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/29/2018 06/29/18 Sold $900,000 -9.5% $90 / Sq Ft
06/04/2018 06/04/18 For Sale $995,000 0.0% $100 / Sq Ft
04/19/2018 04/19/18 Pending -- -- --
02/13/2018 02/13/18 Price Changed $995,000 -23.2% $100 / Sq Ft
10/11/2017 10/11/17 Price Changed $1,295,000 -4.1% $130 / Sq Ft
06/02/2017 06/02/17 For Sale $1,350,000 -- $135 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $14,416 $112,965
2024 $14,278 $110,947
2023 $14,278 $167,824 $100,793 $67,031
2022 $14,169 $159,181 $43,768 $115,413
2021 $14,817 $178,020 $45,018 $133,002
2020 $14,543 $157,968 $36,342 $121,626
2019 $14,488 $144,342 $36,792 $107,550
2018 $13,647 $139,878 $31,932 $107,946
2017 $13,073 $129,942 $29,556 $100,386
2016 $12,789 $113,850 $27,378 $86,472
2015 $12,338 $96,959 $38,647 $58,312
Source: Public Records

Agents Affiliated with this Home

  • Jim Ebbert

    Seller's Agent in 2018

    Jim Ebbert

    HomeSmart

    (480) 298-4405

    1 in this area

    8 Total Sales

    Jim Ebbert
    Section Image

  • K

    Buyer's Agent in 2018

    Kevin Rille

    KLMN Properties, Inc

    (602) 625-1632

    Kevin Rille
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5618950

Arizona Regional Multiple Listing Service (ARMLS)

APN: 126-06-172

Arizona Maricopa County Phoenix 85008 Camelback East Village

1625 N 40th St, Phoenix, AZ

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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