Seller's Agent in 2020
John Oliver
Century 21 Arizona Foothills
(602) 790-8140
1 in this area
10 Total Sales
2226 W Camelback Rd Phoenix, AZ 85015
Alhambra NeighborhoodEstimated Value: $916,430
Studio
--
Bath
1,041
Sq Ft
$880/Sq Ft
Est. Value
Highlights
- 0.37 Acre Lot
- Community Kitchen
- Security Fence
- Phoenix Coding Academy Rated A
- Central Air
- Concrete Flooring
About This Home
As of May 2020Used car lot and used car sales. This property is leased on a NNN lease and is an ideal investment opportunity offering phenomenal 10.14% cap rate. The current tenants lease is up but wants to sign a new 5 year Triple Net lease if you are looking for an investment. If you are an owner occupier it can be vacant within 30 days. This lot has been consistently leased for years on a triple net lease offering a great return. The previous tenant grossed over $3M per year. Includes mechanics car lift, prominent neon and fluorescent pole sign. Well lit sales area. Holds 52 cars. Prime location on busy Camelback Rd just east of I-17. High traffic count. Next to Discount Tire, near Bill Luke Chrysler Jeep and 3 blocks from the Light Rail. Opposite new mall development.
Last Agent to Sell the Property
Century 21 Arizona Foothills License #SA542407000 Listed on: 05/03/2019
Property Details
Property Type
- Other
Est. Annual Taxes
- $4,750
Year Built
- Built in 1980
Lot Details
- 16,146 Sq Ft Lot
- Security Fence
- Additional Parcels
- Property is zoned C2
Home Design
- Tilt Up Walls
- Foam Roof
- Block Exterior
Interior Spaces
- 1,041 Sq Ft Home
- Concrete Flooring
Parking
- 52 Open Parking Spaces
- 52 Parking Spaces
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- Tax Lot 15
- Assessor Parcel Number 153-25-065-A
Community Details
Overview
- Camelback Gardens Subdivision
Amenities
- Community Kitchen
- Reception Area
Building Details
- Operating Expense $4,750
- Net Operating Income $82,900
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 14, 2024
Sold by
George S Zaia And Daisy H Zaia Inter Viv and Zaia George S
Bought by
Zaia Group 2226 Llc
Current Estimated Value
Purchase Details
Listed on
May 3, 2019
Closed on
May 27, 2020
Sold by
Talarico Steven M
Bought by
Zala George S and Zala Dalsy H
Seller's Agent
John Oliver
Century 21 Arizona Foothills
Buyer's Agent
Ninos Lazar
Investar Real Estate Specialists
List Price
$769,000
Sold Price
$650,000
Premium/Discount to List
-$119,000
-15.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%
Purchase Details
Closed on
Oct 11, 2006
Sold by
Talarico Michael S
Bought by
Talarico Steven M
Purchase Details
Closed on
Dec 26, 1997
Sold by
Schroer Vern H and Schroer Rox Anne
Bought by
Talarico Michael S and Talarico Steven M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.16%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jan 28, 1997
Sold by
Schroer Vern H and Schroer Roxanne
Bought by
Schroer Vern H and Schroer Roxanne
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zaia Group 2226 Llc | -- | -- | |
| Zala George S | $650,000 | First Arizona Title Agency | |
| Talarico Steven M | $200,000 | None Available | |
| Talarico Michael S | $325,000 | Chicago Title Insurance Co | |
| Schroer Vern H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Talarico Michael S | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/28/2020 05/28/20 | Sold | $650,000 | -15.5% | $624 / Sq Ft | |
| 02/16/2020 02/16/20 | For Sale | $769,000 | +18.3% | $739 / Sq Ft | |
| 01/02/2020 01/02/20 | Off Market | $650,000 | -- | -- | |
| 04/03/2019 04/03/19 | For Sale | $769,000 | +16988.9% | $739 / Sq Ft | |
| 05/30/2017 05/30/17 | Sold | $4,500 | -43.0% | $4 / Sq Ft | View Prior Sale |
| 04/20/2017 04/20/17 | Pending | -- | -- | -- | |
| 02/13/2017 02/13/17 | For Sale | $7,900 | +85.9% | $8 / Sq Ft | |
| 06/03/2014 06/03/14 | Sold | $4,250 | -5.6% | $4 / Sq Ft | View Prior Sale |
| 06/03/2014 06/03/14 | Pending | -- | -- | -- | |
| 05/03/2014 05/03/14 | For Sale | $4,500 | -- | $4 / 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 | $5,309 | $33,578 | -- | -- |
| 2024 | $5,149 | $32,978 | -- | -- |
| 2023 | $5,149 | $45,594 | $22,661 | $22,933 |
| 2022 | $5,219 | $43,558 | $22,068 | $21,490 |
| 2021 | $5,419 | $44,712 | $22,698 | $22,014 |
| 2020 | $5,209 | $37,548 | $15,408 | $22,140 |
| 2019 | $5,145 | $34,578 | $12,852 | $21,726 |
| 2018 | $4,750 | $34,308 | $12,654 | $21,654 |
| 2017 | $4,690 | $31,554 | $12,276 | $19,278 |
| 2016 | $4,492 | $28,728 | $10,980 | $17,748 |
Source: Public Records
Agents Affiliated with this Home
-
John Oliver
-
Ninos Lazar
Buyer's Agent in 2020
Ninos Lazar
Investar Real Estate Specialists
(877) 717-5050
18 Total Sales
-
Marco Zazueta
Seller's Agent in 2017
Marco Zazueta
West USA Realty
(602) 375-3300
3 in this area
76 Total Sales
-
C
Seller Co-Listing Agent in 2014
Coleen Christensen
Berkshire Hathaway HomeServices Arizona Properties
-
M
Buyer's Agent in 2014
Monique Hebert
HomeSmart
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5920608
APN: 153-25-065A
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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