NOT LISTED FOR SALE

1708 E Thomas Rd Phoenix, AZ 85016

Central City Neighborhood
-- Bed
-- Bath
6,189 Sq Ft
8,393 Sq Ft Lot

Last Sold March 09, 2019

Last sale price $597,500 $97 Per Sq Ft

605 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of March 2019

Office Building in Central Phoenix, built in 1968, situated on two parcels, which total 16,786 SF. Each individual parcel is 8,393 SF, measuring 75' x 111.91'. The property offers 150 feet of frontage along East Thomas Road. The East side of the building includes: reception area, five offices, one larger office with wet bar, and two restrooms. The West side of the building includes: reception area, bull pen area, four offices (one could be a secondary conference room), main conference room, break-room/kitchen, three restrooms, of which two of the three are ADA compliant, and two storage rooms.

Last Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 03/01/2019

Co-Listed By

Justin Cirell

R.O.I. Properties License #SA644392000

Last Buyer's Agent

Stacy Fitzgerald

BLD Real Estate License #BR572835000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,503

Year Built

  • Built in 1968

Lot Details

  • 8,393 Sq Ft Lot
  • Property is zoned R-5

Home Design

  • 6,189 Sq Ft Home
  • Brick Exterior Construction

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Open Parking Spaces
  • 22 Parking Spaces
  • 18 Covered Spaces
  • Private Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 119-33-068

Community Details

Overview

  • Gardendale Add. Subdivision

Building Details

  • Operating Expense $8,517
  • Net Operating Income $1

Property Details

Property Type

Other

Est. Annual Taxes

$8,503

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Cross Street: East Thomas Road & N 16th Street
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1968
  • Tax Year: 2016
  • Lot Size Acres: 0.19
  • Professional Management Expense: 1.0
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Subdivision Name: GARDENDALE ADD.
  • Structure Type: Commercial, Office
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other, Carpet, Ceramic Tile
  • Living Area: 6189.0

Exterior Features

  • Fencing: Other, See Remarks
  • Disclosures: Other (See Remarks), None
  • Construction Type: Other, Brick
  • Roof: Other
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Total Covered Spaces: 18.0
  • Parking Features: Paved, Private
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 22.0
  • General Property Description:Covered Parking Spcs: 18.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 22.0
  • Parking Features Paved Parking: Yes
  • Parking Features Private Parking: Yes

Utilities

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

Fee Information

  • Annual Fuel Expense: 1.0
  • Trash Expense: 1.0
  • Annual Water Sewer Expense: 1.0

Lot Info

  • Lot Size Sq Ft: 8393.0
  • Parcel #: 119-33-068

Multi Family

  • Electric Expense: 1.0
  • Insurance Expense: 1.0
  • Maintenance Expense: 1.0
  • Property Net Operating Income: 1.0
  • Annual Operating Expense: 8517.0
  • Vacancy Allowance Rate: 1.0

Tax Info

  • Tax Annual Amount: 8503.0
  • Tax Book Number: 119.00
  • Tax Lot: 12
  • Tax Map Number: 33.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2019
Closed on
Mar 6, 2019
Sold by
Marks Lawrence J and Marks Jane S
Bought by
Tkcbac Partners Llc
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Stacy Fitzgerald
BLD Real Estate
List Price
$700,000
Sold Price
$597,500
Premium/Discount to List
-$102,500
-14.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,500
Outstanding Balance
$485,742
Interest Rate
4.4%
Mortgage Type
Small Business Administration

Purchase Details

Closed on
Sep 15, 2005
Sold by
Marks Lawrence J and Marks Jane S
Bought by
Marks Lawrence J and Marks Jane S

Purchase Details

Closed on
Feb 26, 1996
Sold by
Machmer Gerald A and Schlosser Robert H
Bought by
Marks Lawrence J and Marks Jane S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.04%
Mortgage Type
Seller Take Back
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
Tkcbac Partners Llc $597,500 Stewart Title & Trust Of Pho
Marks Lawrence J -- --
Marks Lawrence J $275,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tkcbac Partners Llc $552,500
Previous Owner Marks Lawrence J $165,000
Closed Marks Lawrence J $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2019 03/09/19 Sold $597,500 -8.1% $97 / Sq Ft
03/01/2019 03/01/19 Price Changed $650,000 0.0% $105 / Sq Ft
01/07/2019 01/07/19 Pending -- -- --
12/14/2017 12/14/17 Price Changed $650,000 -7.1% $105 / Sq Ft
05/12/2017 05/12/17 For Sale $700,000 -- $113 / 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 $6,597 $49,203 -- --
2024 $6,718 $48,325 -- --
2023 $6,718 $96,883 $28,254 $68,629
2022 $6,644 $101,728 $26,215 $75,513
2021 $7,001 $100,890 $26,964 $73,926
2020 $6,830 $90,558 $26,550 $64,008
2019 $6,782 $69,048 $24,552 $44,496
2018 $6,643 $65,286 $19,098 $46,188
2017 $6,386 $52,452 $19,098 $33,354
2016 $6,139 $43,830 $16,164 $27,666
2015 $5,870 $35,595 $13,450 $22,145
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Beth Jo Zeitzer

    R.O.I. Properties

    Section Image
  • Justin Cirell

    Seller Co-Listing Agent in 2019

    Justin Cirell

    R.O.I. Properties

    (480) 356-1450

    6 Total Sales

    Justin Cirell
    Section Image
  • Stacy Fitzgerald

    Buyer's Agent in 2019

    Stacy Fitzgerald

    BLD Real Estate

    (623) 826-5729

    2 in this area

    11 Total Sales

    Stacy Fitzgerald
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5607514

Arizona Regional Multiple Listing Service (ARMLS)

APN: 119-33-068

Arizona Maricopa County Phoenix 85006 Central City

1708 E Thomas Rd, Phoenix, AZ

This home is located at 1708 E Thomas Rd, Phoenix, AZ 85016 since 01 March 2019. This property was built in 1968. 1708 E Thomas Rd is a home located in Maricopa County with nearby schools including Loma Linda Elementary School, North High School, and Phoenix Coding Academy.

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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