NOT LISTED FOR SALE

1728 W Glendale Ave Unit 408 Phoenix, AZ 85021

Alhambra Neighborhood

Estimated Value: $6,103,483

-- Bed
-- Bath
52,226 Sq Ft
$117/Sq Ft Est. Value

Last Sold April 01, 2014

Last sale price $38,675 $1 Per Sq Ft

Est. 15,681% increase in value since last sale

Current estimated payment $37,701/month

258 Days on Market

Highlights

  • 2.94 Acre Lot
  • Elevator
  • Concrete Flooring
  • Washington High School Rated A-
  • Central Air
  • Partially Fenced Property

About This Home

As of April 2014

This is an Office Medical 4 story building on 2.94 acres and a large subterranean suite that has frontage on Glendale Avenue with generous parking at 6.85 spaces per 1,000 Sq. Ft. with Covered parking available. Property is under new professional property management and ownership. Renovations are underway to make positive improvements to the complex. Selection of multiple suites from 800 sq. ft. to 9,000 sq. ft. at promotional rates at $15.50 Sq. Ft., Full Service. This is incredible pricing for medical office suites that includes electric, water and maintenance. New Monument signage being constructed and coming soon. Within minutes of I-17 and the 51 Freeway. Close proximity to Phoenix Baptist Hospital, John C. Lincoln North Mountain Hospital and Surgical Specialty Hospital

Last Agent to Sell the Property

Michael Wood

West USA Realty License #BR006078000 Listed on: 07/16/2013

West USA Realty

Last Buyer's Agent

Michael Wood

West USA Realty License #BR006078000 Listed on: 07/16/2013

West USA Realty

Property Details

Property Type

  • Other

Year Built

  • Built in 1972

Lot Details

  • 2.94 Acre Lot
  • Partially Fenced Property
  • Block Wall Fence
  • Property is zoned P-1

Home Design

  • Built-Up Roof
  • Block Exterior

Flooring

  • Concrete Flooring

Parking

  • 2 Open Parking Spaces
  • 11 Parking Spaces
  • 9 Covered Spaces

Utilities

  • Central Air
  • Heating Available

Community Details

  • West Orangewood Subdivision
  • Elevator

Listing and Financial Details

  • Property Available on 7/15/13
  • Tax Lot 5
  • Assessor Parcel Number 157-16-003-B

Property Details

Property Type

Other

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Cross Street: 17th Avenue & Glendale Avenue
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Lease
  • Zoning: P-1
  • Current Use: Medical/Dental, Office
  • Number Of Buildings: 1
  • Lease Info Annual C A M Sq Ft: 2.0
  • Lease Info Annual Exp Stop Sq Ft: 2.0
  • Lease Info Annual Lease Price: 38675.0
  • Lease Info Annual Lse Prc P S F: 15.5
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 3-8
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 2210
  • Year Built: 1972
  • Tax Year: 2012
  • Directions: I-17 Freeway - East on Glendale Avenue - Property is on the North side of the street
  • Lot Size Acres: 2.94
  • Road Surface Type: Private Street, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: West Orangewood
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Block, None, Partial
  • Construction Type: Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 9.0
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 11.0
  • General Property Description:Covered Parking Spcs: 9.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 11.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Office A/C, Central A/C, Other, See Remarks
  • Heating: Electric
  • Green Building Features: Public Elevator(s)
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Public Elevator(s): Yes

Lot Info

  • Lot Size Sq Ft: 128227.0
  • Additional Parcels: No
  • Parcel #: 157-16-003-B
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2013-07-15

Multi Family

  • Leasable Area: 1702.0

Tax Info

  • Tax Annual Amount: 104220.0
  • Tax Book Number: 157.00
  • Tax Lot: 5
  • Tax Map Number: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2024
Sold by
1728 W Glendale Llc
Bought by
Imani Wellness Llc
Current Estimated Value
$6,103,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.88%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 16, 2023
Sold by
Pvazre Llc
Bought by
1728 Glendale Llc

Purchase Details

Closed on
Sep 26, 2014
Sold by
1728 W Glendale Ave Llc
Bought by
Pvazre Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 5, 2013
Sold by
Amenti Inc
Bought by
1728 W Glendale Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 18, 2004
Sold by
Arizona Medical Plaza Center Llc
Bought by
Amenti Inc

Purchase Details

Closed on
May 12, 2004
Sold by
Az Med Plaza Properties Llc
Bought by
Arizona Medical Plaza Center Llc

Purchase Details

Closed on
Jan 1, 2000
Sold by
Babaoff Mehdi and Babaoff Azarmidokht
Bought by
Az Med Plaza Properties Llc

Purchase Details

Closed on
Apr 23, 1999
Sold by
Arizona Medical Plaza Investment Inc
Bought by
Babaoff Kambiz
Source: Public Records

Range of Values:

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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
Imani Wellness Llc $3,500,000 Lawyers Title Of Arizona
1728 Glendale Llc $3,400,000 Commonwealth Land Title
Pvazre Llc $2,901,667 Old Republic Title Agency
1728 W Glendale Ave Llc $1,850,000 Thomas Title & Escrow
Amenti Inc $4,300,000 Stewart Title & Trust Of Pho
Arizona Medical Plaza Center Llc $3,350,000 Chicago Title Insurance Co
Az Med Plaza Properties Llc $1,116,028 Fidelity National Title
Az Med Plaza Properties Llc $1,116,028 Fidelity National Title
Babaoff Kambiz $1,980,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Imani Wellness Llc $700,000
Previous Owner Pvazre Llc $2,000,000
Previous Owner 1728 W Glendale Ave Llc $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2014 04/01/14 Sold $38,675 +1659.6% $1 / Sq Ft
03/30/2014 03/30/14 Pending -- -- --
07/15/2013 07/15/13 For Sale $2,198 -- $0 / 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 $64,101 $508,215 -- --
2024 $64,841 $499,140 -- --
2023 $64,841 $1,458,804 $269,824 $1,188,980
2022 $64,573 $1,448,038 $290,570 $1,157,468
2021 $67,272 $1,026,000 $224,388 $801,612
2020 $65,593 $1,026,000 $224,388 $801,612
2019 $64,395 $1,170,018 $218,862 $951,156
2018 $62,709 $959,490 $207,288 $752,202
2017 $62,391 $777,431 $201,240 $576,191
2016 $61,256 $531,000 $178,092 $352,908
2015 $58,306 $462,500 $95,634 $366,866
Source: Public Records

Agents Affiliated with this Home

  • Michael Wood

    Seller's Agent in 2014

    Michael Wood

    West USA Realty

    (602) 790-0190

    2 Total Sales

    Michael Wood
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4968245

Arizona Regional Multiple Listing Service (ARMLS)

APN: 157-16-003B

Arizona Maricopa County Phoenix 85015 Alhambra

1728 W Glendale Ave Unit 408, Phoenix, AZ

This home is located at 1728 W Glendale Ave Unit 408, Phoenix, AZ 85021 since 16 July 2013 and is currently priced at $6,103,483, approximately $116 per square foot. This property was built in 1972. 1728 W Glendale Ave Unit 408 is a home located in Maricopa County with nearby schools including Orangewood School, Washington High School, and CASA 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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