NOT LISTED FOR SALE

Estimated Value: $642,833

-- Bed
-- Bath
2,613 Sq Ft
$246/Sq Ft Est. Value

Last Sold August 05, 2020

Last sale price $458,000 $175 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,199/month

103 Days on Market

Highlights

  • 0.54 Acre Lot
  • Phoenix Coding Academy Rated A
  • Concrete Flooring

About This Home

As of August 2020

Note: 2 addresses: 2003-2011 E Van Buren St; This property features a C-3 zoned 2,612 sf building on 0.54 +/- acres; Has been used for manufacturing and auto related business. Heavy power, 3 phase, 208 volts, Office and warehouse, (3) offices, parts room, (2) rest rooms, not ADA, Metal building, rollup door, great visibility. Traffic on Van Buren Street is 15,100 cars/day.
Call Broker for access and a tour.

Last Agent to Sell the Property

Bryan Watkins

LRA Real Estate Group, LLC License #BR545459000 Listed on: 03/22/2020

Last Buyer's Agent

Michelle Borrelli

Century 21 Toma Partners License #SA639414000

Century 21 Toma Partners

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,348

Year Built

  • Built in 1934

Lot Details

  • 0.54 Acre Lot
  • Block Wall Fence
  • Wire Fence
  • Property is zoned C-3

Home Design

  • Tilt Up Walls
  • Wood Frame Construction
  • Metal Roof
  • Foam Roof
  • Block Exterior
  • Metal Siding

Interior Spaces

  • 2,613 Sq Ft Home
  • Concrete Flooring

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Utilities

  • No Heating

Community Details

  • 2 Buildings
  • Operating Expense $7,348

Listing and Financial Details

  • Assessor Parcel Number 115-02-099-A

Property Details

Property Type

Other

Est. Annual Taxes

$7,348

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Cross Street: 20th St & Van Buren
  • Property Type: Comm/Industry Sale
  • Zoning: C-3
  • Current Use: Automobile, Warehouse
  • Number Of Buildings: 2
  • Year Built: 1934
  • Tax Year: 2019
  • Directions: 20th St & Van Buren: East to 2nd property with sign: 'Rick's Hitch Works'
  • Lot Size Acres: 0.54
  • Structure Type: Commercial, Industrial, Office, Manufacturing
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Block, Chain Link, Wire
  • Construction Type: Frame - Wood, Tilt-Up, Metal Siding, Block
  • Roof: See Remarks, Foam, Metal
  • Construction:Block: Yes
  • Construction:Metal: Yes
  • Construction:Tilt-Up: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: SRP
  • Cooling: Warehouse Fan(s)
  • Heating: None
  • Water Source: City Franchise
  • Heating:None29: Yes

Lot Info

  • Lot Size Sq Ft: 23351.0
  • Additional Parcels: No
  • Parcel #: 115-02-099-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 7348.0

Tax Info

  • Tax Annual Amount: 7348.0
  • Tax Book Number: 115.00
  • Tax Lot: na
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2020
Closed on
Jul 23, 2020
Sold by
Karber Properties Llc
Bought by
Umbrella Global Llc
Seller's Agent
Bryan Watkins
LRA Real Estate Group, LLC
Buyer's Agent
Michelle Borrelli
Century 21 Toma Partners
List Price
$473,000
Sold Price
$458,000
Premium/Discount to List
-$15,000
-3.17%
Total Days on Market
103
Current Estimated Value
$642,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,833
Avg. Annual Appreciation
7.26%
Original Mortgage
$389,300
Outstanding Balance
$349,029
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$293,804

Purchase Details

Closed on
Feb 21, 2012
Sold by
Mueller Jerry and Mueller Mary Lou
Bought by
Karber Cameron and Karber Anne

Purchase Details

Closed on
Jul 6, 1999
Sold by
Littleton Roofing Company Inc
Bought by
Jlm Roofing Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
7.2%

Purchase Details

Closed on
Jun 28, 1999
Sold by
Jlm Roofing Company
Bought by
Mueller Jerry L and Mueller Mary Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
7.2%

Purchase Details

Closed on
Apr 1, 1994
Sold by
Hall George V
Bought by
Mueller Jerry L and Mueller Mary Lou
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
Umbrella Global Llc $458,000 Chicago Title Agency
Karber Cameron $210,000 Equity Title Agency Inc
Jlm Roofing Company Inc -- Transnation Title Ins Co
Mueller Jerry L -- Transnation Title Ins Co
Mueller Jerry L $400,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Umbrella Global Llc $389,300
Previous Owner Mueller Jerry L $476,000
Closed Mueller Jerry L $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2020 08/05/20 Sold $458,000 -3.2% $175 / Sq Ft
08/03/2020 08/03/20 For Sale $473,000 0.0% $181 / Sq Ft
08/03/2020 08/03/20 Price Changed $473,000 0.0% $181 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $473,000 -- $181 / 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 $7,075 $52,594 -- --
2024 $7,323 $51,655 -- --
2023 $7,323 $68,884 $53,431 $15,453
2022 $7,101 $56,875 $42,840 $14,035
2021 $7,411 $58,212 $44,064 $14,148
2020 $7,380 $54,360 $40,356 $14,004
2019 $7,348 $49,518 $36,198 $13,320
2018 $7,260 $43,416 $30,672 $12,744
2017 $6,748 $43,524 $31,950 $11,574
2016 $6,909 $39,600 $29,052 $10,548
2015 $6,597 $37,334 $28,990 $8,344
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6054501

Arizona Regional Multiple Listing Service (ARMLS)

APN: 115-02-099A