NOT LISTED FOR SALE

Estimated Value: $1,102,655

Studio
-- Baths
2,642 Sq Ft
$417/Sq Ft Est. Value

Sale Details

Date Sold: January 1, 2021

Last sale price $40,464 $15 Per Sq Ft

Est. 2,625% increase in value since last sale

Current estimated payment $6,767 / mo

86 Days on Market

Highlights

  • Gated Community
  • Community Kitchen
  • Central Air
  • Phoenix Coding Academy Rated A
  • Ceramic Tile Flooring
  • ENERGY STAR Qualified Equipment for Heating

About This Home

As of January 2021

Outstanding Opportunity! This property is a live/work, part resident, part offices for lease. Plenty of parking & great curb appeal. Fantastic work space w/endless possibilities! 5 Offices, employee kitchen, large bathroom, file room, storage room & reception area. There are separate electric meters for the residence and offices. The residence boasts 1468 sg ft w/an open floor plan, beautiful engineered wood floors, soothing palette, & ceiling fans. Center kitchen island, granite counters, pendant lighting, tiled backsplash, SS appliances, & white cabinets w/hardware. 2 Bedrooms, plush carpet, 2 upscale baths, laundry room, & ample closets. Lovely backyard w/a patio & low-care landscape. Downtown Phoenix has it all!

Last Agent to Sell the Property

Kay Shepard

Keller Williams Realty Phoenix License #SA514614000 Listed on: 10/03/2020

Keller Williams Realty Phoenix

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Other

Year Built

  • Built in 1956

Lot Details

  • 7,875 Sq Ft Lot
  • Wood Fence
  • Property is zoned R5

Home Design

  • 2,642 Sq Ft Home
  • Brick Exterior Construction
  • Foam Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Public Parking

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Property Available on 12/1/20
  • Tenant pays for trash collection, electricity, gas, water, sewer, fire insurance-bldg, contents insurance, glass insurance, liability insurance, janitorial service, common area maintenance, parking area maint, taxes
  • Tax Lot 90
  • Assessor Parcel Number 118-34-066-A

Community Details

Amenities

  • Community Kitchen
  • Reception Area

Additional Features

  • Monterey Medical Plaza Subdivision
  • Gated Community

Property Details

Property Type

Other

Year Built

Built in 1956

Lot Details

7,875 Sq Ft Lot

Listing Details

  • Cross Street: E Indian School Rd & N 3rd St.
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Lease
  • Zoning: R5
  • Number Of Buildings: 1
  • Lease Info Annual Lease Price: 47556.0
  • Lease Info Annual Lse Prc P S F: 18.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 1
  • Lease Info Space Divisible: No
  • Year Built: 1956
  • Tax Year: 2020
  • Lot Size Acres: 0.18
  • Road Surface Type: Asphalt
  • Subdivision Name: MONTEREY MEDICAL PLAZA
  • Structure Type: Office
  • Tax Parcel Letter: A
  • Construction Brick: Yes
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Living Area: 2642.0

Exterior Features

  • Fencing: Wood
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Block, Brick
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Public Parking
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Public Parking: Yes
  • Tenant Pays:Parking Area Maint: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Office Heated, Electric, ENERGY STAR Qualified Equipment
  • Green Building Features: Reception Room, Kitchen, Security Gate
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Office Heated: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Security Gate: Yes

Lot Info

  • Lot Size Sq Ft: 7875.0
  • Additional Parcels: No
  • Parcel #: 118-34-066-A
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2020-12-01

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Electricity, Gas, Water, Sewer, Fire Insurance-Bldg, Contents Insurance, Glass Insurance, Liability Insurance, Janitorial Service, Common Area Maintenance, Parking Area Maint, Taxes
  • Existing Lease Type: NNN
  • Leasable Area: 2642.0

Tax Info

  • Tax Annual Amount: 6413.0
  • Tax Book Number: 118.00
  • Tax Lot: 90
  • Tax Map Number: 34.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2008
Sold by
Del Rey Insurance Llc
Bought by
Current Estimated Value
$1,102,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,500
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2006
Sold by
Fournier Nancy C F
Bought by
Del Rey Ins Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 31, 2002
Sold by
Fournier Nancy C
Bought by
Fournier Nancy C F and Donald F & Nancy Hamm Fournier Revocable

Purchase Details

Closed on
Jul 25, 2000
Sold by
Fournier Donald F and Fournier Nancy C
Bought by
Fournier Donald F and Fournier Nancy C

Purchase Details

Closed on
Oct 1, 1993
Sold by
Bull
Bought by
Fournier Donald F and Fournier Nancy
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$505,000 Empire Title Agency Az Llc
Del Rey Ins Llc $600,000 Arizona Title Agency Inc
Fournier Nancy C F $186,000 --
Fournier Donald F -- --
Fournier Donald F $118,000 Stewart Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $252,500
Previous Owner Del Rey Ins Llc $540,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/01/2021 01/01/21 Sold $40,464 +921.0% $15 / Sq Ft
12/26/2020 12/26/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $3,963 -- $2 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,507 $50,111
2024 $6,290 $48,570
2023 $6,290 $76,401 $34,243 $42,158
2022 $6,374 $70,901 $31,940 $38,961
2021 $6,579 $71,550 $32,477 $39,073
2020 $6,413 $58,929 $25,650 $33,279
2019 $3,685 $46,404 $42,750 $3,654
2018 $3,563 $43,794 $21,330 $22,464
2017 $3,271 $24,714 $10,494 $14,220
2016 $3,155 $21,240 $9,540 $11,700
2015 $3,015 $20,757 $9,805 $10,952
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6141672

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-34-066A

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