NOT LISTED FOR SALE
Studio
-- Bath
7,113 Sq Ft
0.38 Acres

Last Sold July 31, 2019

Last sale price $1,100,000 $155 Per Sq Ft

281 Days on Market

Highlights

  • 0.38 Acre Lot
  • Central Air
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Concrete Flooring

About This Home

As of July 2019

Exceptionally well maintained mid-century modern commercial retail building located just east of the Piestewa Freeway (SR51)! Phoenix
Lamp and Silver has been operating at this location for more than 3 decades!The building consists of 4712 SF of showroom /display,
private office and 2 restrooms, along with a 2500 SF workshop with roll up door, and an outdoor secured area measuring approximately
23'x23'! Roof recently sealed and restrooms have been updated! Large parking lot with 19 uncovered spaces, 150 ft of frontage on Indian
School Road and billboard income included! Business and inventory owned by seller conveys! Please do not disturb tenants or discuss the sale with them

Last Agent to Sell the Property

Geoffrey Adams

Realty ONE Group License #BR627564000 Listed on: 06/29/2018

Co-Listed By

Merri Krugen

AZMK Realty License #BR507716000

Last Buyer's Agent

Kim Carroll

AZ-REP License #BR624833000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $10,445

Year Built

  • Built in 1950

Lot Details

  • 0.38 Acre Lot
  • Property fronts an alley
  • Block Wall Fence
  • Property is zoned C-2

Home Design

  • Brick Exterior Construction
  • Built-Up Roof

Interior Spaces

  • 7,113 Sq Ft Home
  • Concrete Flooring

Parking

  • 19 Open Parking Spaces
  • 19 Parking Spaces
  • Private Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating Available
  • 220 Volts

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 119-20-006-A

Community Details

Overview

  • Building Dimensions are 150x119
  • Meredith Square Subdivision

Building Details

  • Operating Expense $10,445

Property Details

Property Type

Other

Est. Annual Taxes

$10,445

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: Indian School & 22nd St
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1950
  • Tax Year: 2017
  • Lot Size Acres: 0.38
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Co List Office Mls Id: reog04
  • Co List Office Phone: 480-777-4500
  • Subdivision Name: MEREDITH SQUARE
  • Structure Type: Commercial
  • Tax Parcel Letter: A
  • Construction Brick: Yes
  • Electric 220: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 7113.0

Exterior Features

  • Fencing: Block
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Brick
  • Roof: Built-Up

Garage/Parking

  • Parking Features: Paved Parking, Private Parking
  • Attached Garage: No
  • Open Parking Spaces: 19.0
  • Total Parking Spaces: 19.0
  • General Property Description:Uncvrd Parking Spcs: 19.0
  • General Property Description:Total Parking Spcs: 19.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: 220 Volts, APS
  • Cooling: Central A/C
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size: 150x119
  • Lot Size Sq Ft: 16751.0
  • Parcel #: 119-20-006-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 10445.0

Tax Info

  • Tax Annual Amount: 10445.0
  • Tax Book Number: 119.00
  • Tax Lot: 4
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2018
Closed on
Jul 11, 2019
Sold by
Emmert Stuart P and Emmert Patricia
Bought by
Emmert Patricia and Emmert Stuart P
Seller's Agent
Geoffrey Adams
Realty ONE Group
Buyer's Agent
Kim Carroll
AZ-REP
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$526,515
Interest Rate
3.9%
Mortgage Type
Unknown

Purchase Details

Listed on
Jun 29, 2018
Closed on
Jun 27, 2019
Sold by
Phoenix Lamp & Silver Inc
Bought by
Emmert Patricia
Seller's Agent
Geoffrey Adams
Realty ONE Group
Buyer's Agent
Kim Carroll
AZ-REP
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$526,515
Interest Rate
3.9%
Mortgage Type
Unknown
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
Emmert Patricia -- Pioneer Title Agency Inc
Emmert Patricia $1,100,000 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emmert Patricia $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2019 07/31/19 Sold $1,100,000 -7.9% $155 / Sq Ft
09/25/2018 09/25/18 Price Changed $1,195,000 -0.4% $168 / Sq Ft
06/29/2018 06/29/18 For Sale $1,200,000 -- $169 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $8,553 $63,324 -- --
2024 $8,646 $62,193 -- --
2023 $8,646 $89,080 $56,542 $32,538
2022 $8,551 $78,908 $48,983 $29,925
2021 $9,010 $80,298 $50,382 $29,916
2020 $8,790 $72,792 $43,164 $29,628
2019 $8,728 $69,246 $41,112 $28,134
2018 $8,549 $64,854 $37,404 $27,450
2017 $8,219 $61,146 $33,840 $27,306
2016 $7,900 $54,738 $30,114 $24,624
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5787229

Arizona Regional Multiple Listing Service (ARMLS)

APN: 119-20-006A