NOT LISTED FOR SALE

Estimated Value: $1,076,878

-- Bed
-- Bath
4,020 Sq Ft
$268/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $550,000 $137 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $6,395/month

8 Days on Market

Highlights

  • 0.51 Acre Lot
  • Cooling Available
  • Concrete Flooring
  • Phoenix Coding Academy Rated A
  • Security Fence
  • Heat Pump System

About This Home

As of September 2020

Check out this amazingly rare property located in an Opportunity Zone! The possibilities are endless. Centrally located to freeways, light rail and railroad. Just over half an acre of A-2 heavy industrial zoned land with a well built 4000 sft. block building that already has 3 phase electricity, exterior security lighting and natural gas. Two brand new energy efficient 3 phase A/C units recently installed along with a new roof. Interior is immaculate with new LED lighting and new paint. Plenty of space for a showroom and manufacturing as well as a private office area. Large separate his and her restrooms with all new toilets and faucets. New water heater installed last week. Recently completed epoxy coated floors throughout. Don't miss out on this rare property!

Last Agent to Sell the Property

Phillip Schlief

West USA Realty License #SA658175000 Listed on: 08/20/2020

West USA Realty

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,898

Year Built

  • Built in 1978

Lot Details

  • 0.51 Acre Lot
  • Security Fence
  • Chain Link Fence
  • Property is zoned A-2

Home Design

  • Block Exterior

Interior Spaces

  • 4,020 Sq Ft Home
  • Concrete Flooring

Parking

  • 50 Open Parking Spaces
  • 50 Parking Spaces
  • Paved Parking
  • Fenced Parking

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • Collins Addition Phoenix Blocks 23 26 17 & 27 Subdivision
  • Operating Expense $7,898

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 115-05-156-D

Property Details

Property Type

Other

Est. Annual Taxes

$7,898

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Cross Street: 16TH STREET AND JEFFERSON
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: A-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1978
  • Tax Year: 2019
  • Lot Size Acres: 0.51
  • Subdivision Name: COLLINS ADDITION PHOENIX BLOCKS 23-26 17 & 27
  • Structure Type: Commercial, Industrial, Office
  • Tax Parcel Letter: D
  • Railroad Available: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 4020.0

Exterior Features

  • Fencing: Security, Chain Link
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, Fenced
  • Attached Garage: No
  • 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, APS
  • Cooling: Heat Pump, Office A/C, Warehouse A/C
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes
  • 3 Phase Power: Yes

Lot Info

  • Lot Size Sq Ft: 22100.0
  • Parcel #: 115-05-156-D
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 7898.0

Tax Info

  • Tax Annual Amount: 7898.0
  • Tax Book Number: 115.00
  • Tax Lot: 4
  • Tax Map Number: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2023
Sold by
Williams Properties-Jackson St Llc
Bought by
1629 E Jackson St Llc
Current Estimated Value
$1,076,878

Purchase Details

Listed on
Aug 20, 2020
Closed on
Sep 2, 2020
Sold by
Jackson Street Holdings Llc
Bought by
William Properties Jackson St Llc
Seller's Agent
Phillip Schlief
West USA Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$675,000
Sold Price
$550,000
Premium/Discount to List
-$125,000
-18.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.99%

Purchase Details

Closed on
Jun 20, 2018
Sold by
Virgil Bell Post 1710 Veterans Of Foreig
Bought by
Jackson Street Holdings Llc

Purchase Details

Closed on
Jun 15, 2016
Sold by
Virgil Bell Post #1710 Veterans Of Forei
Bought by
Virgil Bell Post #1710
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
1629 E Jackson St Llc $1,050,000 Magnus Title Agency
William Properties Jackson St Llc $550,000 Magnus Title Agency
Jackson Street Holdings Llc $200,000 Mangnus Title
Virgil Bell Post #1710 -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2020 09/11/20 Sold $550,000 -7.6% $137 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
08/21/2020 08/21/20 Price Changed $595,000 -11.9% $148 / Sq Ft
08/20/2020 08/20/20 For Sale $675,000 -- $168 / 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 $8,764 $61,694 -- --
2024 $8,170 $58,757 -- --
2023 $8,170 $76,920 $39,330 $37,590
2022 $7,880 $65,010 $31,320 $33,690
2021 $7,821 $64,800 $31,320 $33,480
2020 $7,911 $59,940 $26,355 $33,585
2019 $7,898 $56,925 $24,765 $32,160
2018 $7,763 $52,605 $20,985 $31,620
2017 $7,583 $43,680 $21,870 $21,810
2016 $3,314 $41,310 $19,875 $21,435
2015 $3,271 $40,400 $20,592 $19,808
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6120175

Arizona Regional Multiple Listing Service (ARMLS)

APN: 115-05-156D