NOT LISTED FOR SALE

16448 N 40th St Phoenix, AZ 85032

Paradise Valley Neighborhood

Estimated Value: $1,305,793

-- Bed
-- Bath
3,145 Sq Ft
$415/Sq Ft Est. Value

Last Sold January 25, 2023

Last sale price $1,171,060 $372 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $7,907/month

62 Days on Market

Highlights

  • 0.28 Acre Lot
  • Community Kitchen
  • Ceramic Tile Flooring
  • Whispering Wind Academy Rated A-
  • Computer Room
  • Central Air

About This Home

As of January 2023

Beautiful state of the art Executive Office Building available immediately. Eleven workstations, 4 bathrooms, large conference room, additional conference area upstairs, Executive office with on suite bathroom/shower. 3 Covered Parking Spaces. Could be a live work situation. Centrally located off of 40th Street & Bell Rd. One minute drive to Abrazo Scottsdale Campus, Medical offices and labs. Phoenix Fire Department Station 37 across the street. Stylishly designed with pivot and barn style doors, cable stair railing, drop ceilings, concrete and tile flooring. Kitchen located downstairs. Furniture, equipment and cubicles are also for sale.

Last Agent to Sell the Property

Lisa Ross

DeLex Realty License #SA561439000 Listed on: 09/07/2022

DeLex Realty

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,843

Year Built

  • Built in 2001

Lot Details

  • 0.28 Acre Lot
  • Property is zoned CT, R-O

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Metal Siding

Interior Spaces

  • 3,145 Sq Ft Home
  • Computer Room

Flooring

  • Concrete
  • Ceramic Tile

Parking

  • 8 Open Parking Spaces
  • 11 Parking Spaces
  • 3 Covered Spaces
  • Private Parking

Utilities

  • Central Air
  • Fiber Optics Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 214-33-003-A

Community Details

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Additional Features

  • Bell Acres Subdivision
  • Operating Expense $8,843

Property Details

Property Type

Other

Est. Annual Taxes

$8,843

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Cross Street: Bell Rd & 40th Street
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: CT, R-O
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2001
  • Tax Year: 2021
  • Directions: South on 40th Street, past the Fire Station, Turn Right into the parking lot
  • Lot Size Acres: 0.28
  • Road Surface Type: Asphalt
  • Subdivision Name: BELL ACRES
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Ceramic Tile, Concrete
  • Living Area: 3145.0

Exterior Features

  • Construction Type: Frame - Wood, Metal Siding
  • Roof: Tile
  • Construction:Metal: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Private Parking
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 11.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 11.0
  • Parking:Private Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Green Building Features: Conference Room, Reception Room, Kitchen, Computer Room, LAN Compatible Copr, Fiber Optic Availble, Showers - Office
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Showers - Office: Yes
  • Amenities:Computer Room: Yes
  • Amenities:Fiber Optic Availble: Yes
  • Amenities:LAN Compatible Copr: Yes

Lot Info

  • Lot Size Sq Ft: 12110.0
  • Parcel #: 214-33-003-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 8843.0

Tax Info

  • Tax Annual Amount: 8843.0
  • Tax Book Number: 214.00
  • Tax Lot: 1
  • Tax Map Number: 33.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2022
Closed on
Jan 4, 2023
Sold by
Obione Llc
Bought by
Ebca Properties Llc
Seller's Agent
Lisa Ross
DeLex Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,200,000
Sold Price
$1,171,060
Premium/Discount to List
-$28,940
-2.41%
Current Estimated Value
$1,305,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,733
Avg. Annual Appreciation
4.45%
Original Mortgage
$989,000
Outstanding Balance
$549,451
Interest Rate
6.27%
Mortgage Type
Small Business Administration
Estimated Equity
$757,446

Purchase Details

Closed on
Aug 11, 1999
Sold by
Sayegh Sam and Sayegh Cheryl
Bought by
Obione Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,100
Interest Rate
7.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 28, 1995
Sold by
Crum Kenneth
Bought by
Sayegh Sam and Sayegh Cheryl

Purchase Details

Closed on
Jan 23, 1995
Sold by
Halvorson Dennis A
Bought by
Crum Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,400
Interest Rate
9.23%
Mortgage Type
Commercial
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
Ebca Properties Llc $1,169,000 Clear Title
Obione Llc $280,000 Capital Title Agency
Sayegh Sam -- Chicago Title Insurance Co
Crum Kenneth $72,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ebca Properties Llc $989,000
Closed Ebca Properties Llc $989,000
Previous Owner Obione Llc $780,000
Previous Owner Obione Llc $300,000
Previous Owner Obione Llc $879,000
Previous Owner Obione Llc $350,000
Previous Owner Obione Llc $203,100
Previous Owner Crum Kenneth $68,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2023 01/25/23 Sold $1,171,060 -2.4% $372 / Sq Ft
11/04/2022 11/04/22 Pending -- -- --
09/03/2022 09/03/22 For Sale $1,200,000 -- $382 / 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 $8,339 $81,239 -- --
2024 $8,412 $79,788 -- --
2023 $8,412 $107,712 $38,709 $69,003
2022 $8,573 $82,145 $34,755 $47,390
2021 $8,843 $79,866 $35,748 $44,118
2020 $8,570 $92,268 $30,816 $61,452
2019 $8,581 $92,268 $30,816 $61,452
2018 $8,300 $80,100 $30,888 $49,212
2017 $7,956 $72,864 $30,888 $41,976
2016 $7,823 $66,618 $33,786 $32,832
2015 $7,446 $57,667 $26,122 $31,545
Source: Public Records

Agents Affiliated with this Home

  • Lisa Ross

    Seller's Agent in 2023

    Lisa Ross

    DeLex Realty

    (623) 205-7725

    5 in this area

    26 Total Sales

    Section Image

  • N

    Buyer's Agent in 2023

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6460210

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-33-003A

Arizona Maricopa County Phoenix 85032 Paradise Valley

16448 N 40th St, Phoenix, AZ

This home is located at 16448 N 40th St, Phoenix, AZ 85032 since 07 September 2022 and is currently estimated at $1,305,793, approximately $415 per square foot. This property was built in 2001. 16448 N 40th St is a home located in Maricopa County with nearby schools including Whispering Wind Academy, Greenway Middle School, and Paradise Valley 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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