NOT LISTED FOR SALE

Estimated Value: $437,201

-- Bed
1 Bath
625 Sq Ft
$700/Sq Ft Est. Value

Last Sold September 21, 2023

Last sale price $440,000 $704 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,449/month

164 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of September 2023

The property consists of a 624 SF office building situated on a 7,000 SF parcel located on the south side of Jefferson St just east of Downtown Phoenix. The parcel is zoned light industrial and is ideal for a dealership, repair shop, or dispatch center for service contractors. The property is highly visible for eastbound traffic heading from Downtown Phoenix to Interstate 10. The property is also centrally located, providing easy access to every part of the valley through several major freeways/highways.

Last Agent to Sell the Property

Jake Vice

R.O.I. Properties License #SA697209000 Listed on: 02/09/2023

Co-Listed By

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000

Last Buyer's Agent

James Hill

West USA Realty License #SA116827000

West USA Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,905

Year Built

  • Built in 1946

Lot Details

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

Home Design

  • 625 Sq Ft Home

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Collins Addition Phoenix Blocks 23 26 17 & 27 Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 115-06-065

Property Details

Property Type

Other

Est. Annual Taxes

$1,905

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Cross Street: Jerrson St & I-10
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: A-1
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1946
  • Tax Year: 2022
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Subdivision Name: COLLINS ADDITION PHOENIX BLOCKS 23-26 17 & 27
  • Structure Type: Other (See Remarks)
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 625.0

Exterior Features

  • Fencing: Other, See Remarks
  • Disclosures: Other (See Remarks)
  • Construction Type: Other
  • Roof: Other
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No

Utilities

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

Lot Info

  • Lot Size Sq Ft: 7000.0
  • Parcel #: 115-06-065

Tax Info

  • Tax Annual Amount: 1905.0
  • Tax Book Number: 115.00
  • Tax Lot: 7
  • Tax Map Number: 6.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2024
Sold by
Osman Elmiez
Bought by
Osman Elmiez and Abdulrahman Ishraga Abdalla
Current Estimated Value
$437,201

Purchase Details

Closed on
Dec 27, 2023
Sold by
Osman Elmiez and Abdulrahman Ishraga Abdalla
Bought by
Osman Elmiez and Abdulrahman Ishraga Abdalla

Purchase Details

Listed on
Feb 9, 2023
Closed on
Sep 21, 2023
Sold by
Osman Elmiez
Bought by
Osman Elmiez and Abdulrahman Ishraga Abdalla
Seller's Agent
Jake Vice
R.O.I. Properties
Buyer's Agent
James Hill
West USA Realty
List Price
$509,999
Sold Price
$440,000
Premium/Discount to List
-$69,999
-13.73%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.30%
Original Mortgage
$220,000
Interest Rate
6.96%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 17, 2016
Sold by
Rds Capital Llc
Bought by
Mcintosh Thomas and Samadi Majid Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3.41%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 12, 2016
Sold by
Samadi Andrea and Samadi Majid Michael
Bought by
Samadi Majid Michael and Samadi Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3.41%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 29, 2010
Sold by
Booth John E and Booth Maria
Bought by
Rds Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2008
Sold by
Booth John E
Bought by
Booth John E and Booth Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2006
Sold by
Malody Daniel W and Malody Kathleen
Bought by
Booth John E

Purchase Details

Closed on
Dec 30, 2005
Sold by
Booth Maria
Bought by
Booth John E
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
Osman Elmiez -- --
Osman Elmiez -- None Listed On Document
Osman Elmiez -- --
Osman Elmiez $440,000 Pioneer Title Services
Mcintosh Thomas $185,000 Commonwealth Title
Samadi Majid Michael -- Commonwealth Land Title Ins
Rds Capital Llc $77,500 Grand Canyon Title Agency In
Booth John E -- Fidelity National Title
Booth John E $80,000 Stewart Title & Trust Of Pho
Booth John E -- Stewart Title & Trust Of Pho
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Osman Elmiez $220,000
Previous Owner Mcintosh Thomas $135,000
Previous Owner Rds Capital Llc $75,000
Previous Owner Booth John E $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2023 09/21/23 Sold $440,000 0.0% $704 / Sq Ft
07/26/2023 07/26/23 Off Market $440,000 -- --
05/16/2023 05/16/23 Price Changed $475,000 -6.9% $760 / Sq Ft
02/09/2023 02/09/23 For Sale $509,999 -- $816 / 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 $1,937 $13,637 -- --
2024 $1,919 $13,394 -- --
2023 $1,919 $23,953 $19,210 $4,743
2022 $1,905 $18,936 $14,683 $4,253
2021 $1,945 $19,404 $15,102 $4,302
2020 $1,967 $17,964 $13,698 $4,266
2019 $1,964 $14,868 $10,854 $4,014
2018 $492 $7,110 $1,420 $5,690
2017 $480 $6,270 $1,250 $5,020
2016 $467 $5,510 $1,100 $4,410
2015 $432 $4,450 $890 $3,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6518519

Arizona Regional Multiple Listing Service (ARMLS)

APN: 115-06-065