NOT LISTED FOR SALE

Estimated Value: $378,674

-- Bed
-- Bath
1,859 Sq Ft
$204/Sq Ft Est. Value

Last Sold October 27, 2017

Last sale price $220,000 $118 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,212/month

210 Days on Market

Highlights

  • Concrete Flooring
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of October 2017

HOLY PRIDE OF OWNERSHIP BATMAN! WELL MAINTAINED A-1 PROPERTY IN DOWNTOWN PHOENIX THAT IS READY TO GO FOR YOUR NEXT BUSINESS. PLENTY OF WORKSHOP AND STORAGE SPACE. AS AN INVESTMENT IT RENTS VERY QUICKLY PER THE SELLER. CALL FOR A PROPERTY TOUR TODAY.

Last Agent to Sell the Property

Christopher Lewis

Arizona Brokerage Company LLC License #BR641839000 Listed on: 08/01/2017

Last Buyer's Agent

Thomas Keck

West USA Realty License #SA507106000

West USA Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,384

Year Built

  • Built in 1948

Lot Details

  • 7,000 Sq Ft Lot
  • Chain Link Fence
  • Property is zoned A-1

Home Design

  • 1,859 Sq Ft Home
  • Block Exterior
  • Metal Siding

Flooring

  • Carpet
  • Concrete

Parking

  • 6 Parking Spaces
  • 6 Covered Spaces
  • Private Parking
  • Fenced Parking

Utilities

  • Heating Available
  • 220 Volts
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 112-09-045

Community Details

Overview

  • 3 Buildings
  • Building Dimensions are 50X140
  • Wise Add Subdivision

Building Details

  • Operating Expense $2,384

Property Details

Property Type

Other

Est. Annual Taxes

$2,384

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Cross Street: 17TH AVENUE & BUCHANAN
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: A-1
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1948
  • Tax Year: 2016
  • Directions: SOUTH ON 17TH AVENUE FROM WASHINGTON TO BUCHANAN. EAST ON BUCHANAN TO PROPERTY ON THE SOUTH SIDE OF THE STREET.
  • Lot Size Acres: 0.16
  • Road Surface Type: Asphalt
  • Subdivision Name: WISE ADD
  • Structure Type: Other (See Remarks), Commercial, Industrial
  • Electric 220: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Concrete
  • Living Area: 1859.0

Exterior Features

  • Fencing: Chain Link
  • Disclosures: None
  • Construction Type: Metal Siding, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes
  • Construction:Metal: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Private Parking, Fenced
  • Attached Garage: No
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Private Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: 220 Volts, SRP
  • Cooling: Office A/C
  • Heating: Electric
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes

Lot Info

  • Lot Size: 50X140
  • Lot Size Sq Ft: 7000.0
  • Parcel #: 112-09-045
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 2383.8
  • Leasable Area: 1859.0

Tax Info

  • Tax Annual Amount: 2383.8
  • Tax Book Number: 112.00
  • Tax Lot: 44
  • Tax Map Number: 9.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2020
Sold by
Stamor Llc
Bought by
Weiss Enterprises Llc
Current Estimated Value
$378,674

Purchase Details

Listed on
Aug 1, 2017
Closed on
Oct 3, 2017
Sold by
Locke Earl K and Locke Vicki L
Bought by
Stamor Llc
Seller's Agent
Christopher Lewis
Arizona Brokerage Company LLC
Buyer's Agent
Thomas Keck
West USA Realty
List Price
$250,000
Sold Price
$220,000
Premium/Discount to List
-$30,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%
Original Mortgage
$176,000
Interest Rate
3.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 1, 2011
Sold by
Moder William and Salas Charles O
Bought by
Locke Earl K and Locke Vicki L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.84%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 25, 1998
Sold by
Salas Gloria S
Bought by
Salas Charles O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,332
Interest Rate
6.88%
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
Weiss Enterprises Llc $295,000 First American Title Co Ncs
Stamor Llc $220,000 Chicago Title Agency Inc
Locke Earl K $140,000 Lawyers Title Of Arizona Inc
Salas Charles O -- Century Title Agency Inc
Moder William -- Century Title Agency Inc
Moder William $75,000 Century Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stamor Llc $176,000
Previous Owner Locke Earl K $85,000
Previous Owner Moder William $47,332
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2017 10/27/17 Sold $220,000 -12.0% $118 / Sq Ft
08/29/2017 08/29/17 Pending -- -- --
08/01/2017 08/01/17 For Sale $250,000 0.0% $134 / Sq Ft
01/31/2017 01/31/17 For Sale $250,000 +20733.3% $134 / Sq Ft
10/01/2014 10/01/14 Sold $1,200 -25.0% $1 / Sq Ft
10/01/2014 10/01/14 Pending -- -- --
06/06/2014 06/06/14 For Sale $1,600 -- $1 / 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 $2,448 $17,748 -- --
2024 $2,497 $17,432 -- --
2023 $2,497 $23,307 $10,744 $12,563
2022 $2,479 $22,383 $10,903 $11,480
2021 $2,531 $22,698 $11,214 $11,484
2020 $2,560 $20,520 $9,234 $11,286
2019 $2,556 $18,414 $7,614 $10,800
2018 $2,513 $17,712 $7,038 $10,674
2017 $2,454 $14,976 $7,344 $7,632
2016 $2,384 $13,860 $6,678 $7,182
2015 $2,267 $12,599 $6,401 $6,198
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5554371

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-09-045