Seller's Agent in 2023
Reuben Nach
R.O.I. Properties
(602) 319-1326
1 in this area
48 Total Sales
220 E Southern Ave Phoenix, AZ 85040
South Mountain NeighborhoodEstimated Value: $1,585,976
Studio
--
Bath
16,594
Sq Ft
$96/Sq Ft
Est. Value
Highlights
- 1.6 Acre Lot
- Central Air
- Heating Available
- Phoenix Coding Academy Rated A
About This Home
As of November 2023Golden Plaza (220 E Southern Ave) presents a compelling opportunity as a heavy-value add retail strip center in a South Phoenix Opportunity Zone. The property is situated close to the forthcoming Light Rail expansion and benefits from increased accessibility and economic growth. Boasting a diverse tenant mix on short-term leases, this value-add deal is further enhanced by its spacious 1.62- acre lot, offering ample parking at a rate of 4.40 spaces per 1,000 square feet. By implementing targeted capital improvements, this center has the potential to transform into a high-performing asset.
Last Agent to Sell the Property
R.O.I. Properties License #SA687040000 Listed on: 07/27/2023
Property Details
Property Type
- Other
Year Built
- Built in 1999
Lot Details
- 1.6 Acre Lot
- Property is zoned C-2
Home Design
- 16,594 Sq Ft Home
- Built-Up Roof
- Block Exterior
Parking
- 74 Open Parking Spaces
- 74 Parking Spaces
- Free Parking
- Paved Parking
Utilities
- Central Air
- Heating Available
Community Details
- Commercial Center Subdivision
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 113-43-059
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
Listed on
Jul 27, 2023
Closed on
Nov 30, 2023
Sold by
Bought by
Seller's Agent
Reuben Nach
R.O.I. Properties
Buyer's Agent
Ismail Abushanab
American Realty Brokers
List Price
$2,120,000
Sold Price
$1,580,000
Premium/Discount to List
-$540,000
-25.47%
Views
30
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,976
Avg. Annual Appreciation
0.15%
Original Mortgage
$900,000
Outstanding Balance
$885,430
Interest Rate
7.63%
Mortgage Type
Seller Take Back
Estimated Equity
$700,546
Purchase Details
Closed on
Jun 30, 2008
Sold by
Bought by
Purchase Details
Closed on
Sep 22, 2006
Sold by
Bought by
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
6.51%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 14, 2006
Sold by
Bought by
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
6.51%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 10, 2006
Sold by
Bought by
Purchase Details
Closed on
Mar 22, 2000
Sold by
Bought by
Purchase Details
Closed on
Sep 17, 1999
Sold by
Bought by
Purchase Details
Closed on
Aug 13, 1999
Sold by
Bought by
Purchase Details
Closed on
Aug 29, 1997
Sold by
Bought by
Purchase Details
Closed on
Jan 8, 1996
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
7.36%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Aug 17, 1994
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $1,580,000 | Pioneer Title | ||
| $34,504,440 | None Available | ||
| -- | Lawyers Title Insurance Corp | ||
| $398,956 | Lawyers Title Insurance Corp | ||
| -- | First American Title Ins Co | ||
| $327,653 | Fidelity National Title | ||
| -- | -- | ||
| $1,750,000 | First American Title | ||
| -- | -- | ||
| -- | -- | ||
| $85,000 | Transamerica Title Ins Co | ||
| $472,440 | Security Title Agency |
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 |
|---|---|---|---|
| Open | $900,000 | ||
| Previous Owner | $1,500,000 | ||
| Previous Owner | $63,750 |
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 |
|---|---|---|---|---|
| 11/30/2023 11/30/23 | Sold | $1,580,000 | -12.2% | $95 / Sq Ft |
| 10/31/2023 10/31/23 | Pending | -- | -- | -- |
| 09/28/2023 09/28/23 | Price Changed | $1,800,000 | -15.1% | $108 / Sq Ft |
| 07/27/2023 07/27/23 | For Sale | $2,120,000 | -- | $128 / 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 | $38,117 | $261,121 | -- | -- |
| 2024 | $39,594 | $256,458 | -- | -- |
| 2023 | $39,594 | $355,368 | $68,918 | $286,450 |
| 2022 | $39,942 | $329,490 | $62,790 | $266,700 |
| 2021 | $41,918 | $336,744 | $64,584 | $272,160 |
| 2020 | $41,400 | $328,950 | $56,322 | $272,628 |
| 2019 | $40,061 | $306,900 | $45,054 | $261,846 |
| 2018 | $38,984 | $300,978 | $41,724 | $259,254 |
| 2017 | $37,155 | $263,520 | $43,470 | $220,050 |
| 2016 | $35,339 | $238,662 | $40,626 | $198,036 |
| 2015 | $34,189 | $192,734 | $40,534 | $152,200 |
Source: Public Records
Agents Affiliated with this Home
-
Reuben Nach
-
Beth Jo Zeitzer
Seller Co-Listing Agent in 2023
Beth Jo Zeitzer
R.O.I. Properties
(602) 653-0352
14 in this area
737 Total Sales
-
Ismail Abushanab
Buyer's Agent in 2023
Ismail Abushanab
American Realty Brokers
(602) 955-6606
1 in this area
15 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6585376
APN: 113-43-059
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.
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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