NOT LISTED FOR SALE

Estimated Value: $700,463

Studio
-- Bath
2,063 Sq Ft
$340/Sq Ft Est. Value

Last Sold May 03, 2017

Last sale price $350,000 $170 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $4,133/month

12 Days on Market

Highlights

  • Chilled Water System
  • Phoenix Coding Academy Rated A
  • Concrete Flooring

About This Home

As of May 2017

GREAT BUSINESS OPORTUNITY, CLOSE TO EVERYTHING SCHOOLS, SHOPPING & FREEWAYS, UNIQUE OPORTUNITY TO ADQUIRED AN ALLREADY ACREDITED AND SUCCESSFULL BUSINESS ENTITY

Last Agent to Sell the Property

Alfredo Hernandez

Amax Real Estate and Managemen License #BR521302000 Listed on: 04/18/2017

Last Buyer's Agent

Adroaldo Fernandes

HomeSmart License #SA530264000

HomeSmart

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,500

Year Built

  • Built in 2006

Lot Details

  • 8,874 Sq Ft Lot
  • Property is zoned C-2

Home Design

  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,063 Sq Ft Home
  • Concrete Flooring
  • Chilled Water System

Utilities

  • No Heating
  • 220 Volts

Community Details

  • Vel Ru Subdivision
  • Gross Income $140,000

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 120-37-008

Property Details

Property Type

Other

Est. Annual Taxes

$5,500

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Cross Street: MCDOWELL RD AND 24TH STREET
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Current Use: Automobile
  • Number Of Buildings: 1
  • Year Built: 2006
  • Tax Year: 2016
  • Lot Size Acres: 0.2
  • Road Surface Type: Asphalt, Alley
  • Subdivision Name: VEL RU
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: None
  • Construction Type: Stucco, Block
  • Roof: Built-Up
  • Construction:Block: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking:Public Parking: Yes

Utilities

  • Electric: 220 Volts, APS
  • Cooling: Chiller System
  • Heating: None
  • Water Source: City Franchise
  • Heating:None29: Yes

Lot Info

  • Lot Size Sq Ft: 8874.0
  • Additional Parcels: No
  • Parcel #: 120-37-008
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Gross Income: 140000.0

Tax Info

  • Tax Annual Amount: 5500.0
  • Tax Book Number: 120.00
  • Tax Lot: 7
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2017
Closed on
May 1, 2017
Sold by
Arellano Felige J
Bought by
Onofre Jenaro Paz
Seller's Agent
Alfredo Hernandez
Amax Real Estate and Managemen
Buyer's Agent
Adroaldo Fernandes
HomeSmart
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$700,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,463
Avg. Annual Appreciation
8.11%

Purchase Details

Closed on
May 13, 1997
Sold by
Arellano R Maricela
Bought by
Arellano Felipe J

Purchase Details

Closed on
May 6, 1997
Sold by
Klarer Mark and Klarer Sheryl L
Bought by
Arellano Felipe J

Purchase Details

Closed on
Aug 8, 1996
Sold by
Brown Ronald S
Bought by
Klarer Mark and Klarer Sheryl L

Purchase Details

Closed on
Aug 26, 1977
Sold by
Fiorucci Thomas J and Fiorucci Celia Edith
Bought by
Noecker Duane F and Anderson Randall H
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
Onofre Jenaro Paz $350,000 First American Title Insuran
Arellano Felipe J -- Security Title
Arellano Felipe J $50,000 Security Title
Klarer Mark $150,000 Security Title
Noecker Duane F -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2017 05/03/17 Sold $350,000 0.0% $170 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
04/13/2017 04/13/17 For Sale $350,000 -- $170 / 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 $5,955 $44,086 -- --
2024 $6,019 $43,299 -- --
2023 $6,019 $58,395 $32,334 $26,061
2022 $5,953 $53,516 $29,103 $24,413
2021 $6,272 $54,702 $29,934 $24,768
2020 $6,120 $53,766 $28,692 $25,074
2019 $6,077 $50,742 $26,514 $24,228
2018 $5,952 $44,640 $20,790 $23,850
2017 $5,722 $45,180 $20,790 $24,390
2016 $5,500 $40,698 $18,252 $22,446
2015 $5,259 $32,449 $15,281 $17,168
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5592003

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-37-008