NOT LISTED FOR SALE

Estimated Value: $572,118 - $578,000

Studio
-- Bath
2,849 Sq Ft
$202/Sq Ft Est. Value

Last Sold July 18, 2019

Last sale price $356,000 $125 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,312/month

122 Days on Market

Highlights

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

About This Home

As of July 2019

SUBJECT TO COURT APPROVAL- SEE PRIVATE REMARKS, AND CALL 602-319-1326 FOR HEARING DETAILS!
±2,849 square foot free-standing retail building with warehouse component in the redeveloping Miracle Mile District. Retail/showroom portion features a private office and restroom. The front retail portion has a drop ceiling and AC, while the warehouse has 16 ft. clear height and evaporative cooling. Building also has a covered storage area. Close proximity to the State Route 51 and Interstate 10 on ramps. Minutes from Banner Medical Center and Phoenix Children's Hospital.

Last Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 01/09/2019

Co-Listed By

Jason Butler

R.O.I. Properties License #BR545613000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,215

Year Built

  • Built in 1956

Lot Details

  • 6,900 Sq Ft Lot
  • Block Wall Fence
  • Property is zoned C-2

Home Design

  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 2,849 Sq Ft Home
  • Vinyl Flooring

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Paved Parking

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Wright Davis Tract Subdivision
  • Operating Expense $4,215

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 116-13-121

Property Details

Property Type

Other

Est. Annual Taxes

$4,215

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Cross Street: N 20th St., and E McDowell Rd.
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1956
  • Tax Year: 2018
  • Lot Size Acres: 0.16
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Subdivision Name: WRIGHT DAVIS TRACT
  • Structure Type: Other (See Remarks), Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other, Vinyl
  • Living Area: 2849.0

Exterior Features

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

Garage/Parking

  • Parking Features: Paved
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking Features Paved Parking: Yes

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: 6900.0
  • Parcel #: 116-13-121

Multi Family

  • Annual Operating Expense: 4215.0

Tax Info

  • Tax Annual Amount: 4215.0
  • Tax Book Number: 116.00
  • Tax Lot: 5
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2019
Closed on
Jul 16, 2019
Sold by
Adco Real Estate Holdings Inc
Bought by
Bam Mcdowell Llc
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$400,000
Sold Price
$356,000
Premium/Discount to List
-$44,000
-11%
Current Estimated Value
$610,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,019
Avg. Annual Appreciation
7.68%

Purchase Details

Closed on
Feb 11, 2005
Sold by
Adco Enterprises Inc
Bought by
Adco Real Estate Holdings Inc

Purchase Details

Closed on
Nov 21, 2002
Sold by
Davis Fay B
Bought by
Adco Enterprises Inc
Source: Public Records
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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
Bam Mcdowell Llc $356,000 Stewart Ttl & Tr Of Phoenix
Adco Real Estate Holdings Inc -- --
Adco Enterprises Inc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2019 07/18/19 Sold $356,000 +9.5% $125 / Sq Ft
04/22/2019 04/22/19 Price Changed $325,000 -18.8% $114 / Sq Ft
01/08/2019 01/08/19 For Sale $400,000 -- $140 / 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 $1,460 $10,278 $10,278 --
2024 $1,361 $9,789 $9,789 --
2023 $1,361 $23,340 $23,340 $0
2022 $1,313 $14,835 $14,835 $0
2021 $1,303 $14,835 $14,835 $0
2020 $4,295 $35,316 $16,542 $18,774
2019 $4,288 $30,780 $12,960 $17,820
2018 $4,215 $29,304 $12,006 $17,298
2017 $4,117 $26,082 $12,510 $13,572
2016 $3,999 $23,904 $11,682 $12,222
2015 $3,803 $21,257 $11,655 $9,602
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5864893

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-13-121