NOT LISTED FOR SALE

Estimated Value: $482,381

-- Bed
-- Bath
1,761 Sq Ft
$274/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $328,500 $187 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,766/month

228 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of September 2016

Offered for sale is a ±1,761 square foot office building. Includes attractively built-out waiting/reception area, conference room, 3 offices, storage room (or 4th office), break room, and private restroom. Surrounded by covered parking, includes 5 covered parking spaces.Located on North 7th Street, within walking distance to amenities such as Green New American Vegetarian, Nami, Coco's Bakery, America's Taco Shop and more.

Last Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 07/11/2016

Co-Listed By

Justin Cirell

R.O.I. Properties License #SA644392000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,243

Year Built

  • Built in 1921

Lot Details

  • 6,027 Sq Ft Lot
  • Property is zoned R-5

Home Design

  • 1,761 Sq Ft Home
  • Concrete Roof

Flooring

  • Wood
  • Carpet

Parking

  • 5 Parking Spaces
  • 5 Covered Spaces
  • Free Parking

Utilities

  • Central Air
  • Heating Available

Community Details

  • Los Olivos 51, 52 Subdivision
  • Operating Expense $2,243

Listing and Financial Details

  • Tax Lot 52
  • Assessor Parcel Number 118-54-042

Property Details

Property Type

Other

Est. Annual Taxes

$2,243

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Cross Street: North of East McDowell Rd. and North 7th St.
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1921
  • Tax Year: 2014
  • Lot Size Acres: 0.14
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Subdivision Name: LOS OLIVOS 51, 52
  • Structure Type: Commercial, Office
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Wood
  • Living Area: 1761.0

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Free
  • Attached Garage: No
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking Features Free: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Lot Info

  • Lot Size Sq Ft: 6027.0
  • Parcel #: 118-54-042

Multi Family

  • Annual Operating Expense: 2243.0

Tax Info

  • Tax Annual Amount: 2243.0
  • Tax Book Number: 118.00
  • Tax Lot: 52
  • Tax Map Number: 54.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2022
Sold by
Harla Davison Law Firm Properties Llc
Bought by
Herman H Lindeman Trust
Current Estimated Value
$482,381

Purchase Details

Listed on
Jul 11, 2016
Closed on
Sep 30, 2016
Sold by
Tdbh Llc
Bought by
Harla Davison Law Firm Properties Llc
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$351,000
Sold Price
$328,500
Premium/Discount to List
-$22,500
-6.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.29%
Original Mortgage
$246,375
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 11, 2010
Sold by
Brennan House Llc
Bought by
Tdbh Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
4.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 15, 2006
Sold by
Leonard Clancy & Mcgovern Investments
Bought by
Brennan House Llc

Purchase Details

Closed on
May 29, 2002
Sold by
Brockman Production Services Inc
Bought by
Leonard Clancy & Mcgovern Investments

Purchase Details

Closed on
Jul 30, 1997
Sold by
Morton Smith Mary Lou and Smith Jeffrey W
Bought by
Brockman Production Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 8, 1995
Sold by
Morton Smith Mary Lou
Bought by
Smith Jeffrey W

Purchase Details

Closed on
Oct 16, 1995
Sold by
Safrin Michael
Bought by
Smith Jeffrey W

Purchase Details

Closed on
Jun 13, 1994
Sold by
Oreilly Kevin and Oreilly Charles Kevin
Bought by
Safrin Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,847
Interest Rate
8.56%
Mortgage Type
Commercial
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
Herman H Lindeman Trust $500,000 Stewart Title & Trust Of Phoen
Harla Davison Law Firm Properties Llc $328,500 Stewart Title Arizona Agency
Tdbh Llc $325,000 North American Title Company
Brennan House Llc $250,000 Security Title Agency Inc
Leonard Clancy & Mcgovern Investments $212,500 First American Title Ins Co
Brockman Production Services Inc $140,000 Ati Title Agency
Smith Jeffrey W -- Stewart Title & Trust
Smith Jeffrey W $129,000 Stewart Title & Trust
Safrin Michael $39,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harla Davison Law Firm Properties Llc $246,375
Previous Owner Tdbh Llc $330,000
Previous Owner Brockman Production Services Inc $126,000
Previous Owner Safrin Michael $32,847
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2016 09/30/16 Sold $328,500 -6.4% $187 / Sq Ft
05/06/2016 05/06/16 Pending -- -- --
09/21/2015 09/21/15 For Sale $351,000 -- $199 / 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 $2,615 $18,964 -- --
2024 $2,668 $18,625 -- --
2023 $2,668 $44,931 $36,601 $8,330
2022 $2,649 $35,946 $26,758 $9,188
2021 $2,704 $36,486 $27,522 $8,964
2020 $2,736 $31,140 $19,134 $12,006
2019 $2,731 $34,740 $15,336 $19,404
2018 $2,685 $27,450 $13,698 $13,752
2017 $2,622 $17,460 $6,894 $10,566
2016 $2,547 $16,074 $6,444 $9,630
2015 $2,422 $14,190 $6,697 $7,493
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5337568

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-54-042