$639,999
$10K PRICE DROP

Estimated payment $3,715/month

Total Views 6,365
-- Bed
-- Bath
1,525 Sq Ft
$420 Price per Sq Ft

Highlights

  • Fitness Center
  • 1-minute walk to Encanto/Central Ave
  • Display Windows
  • Phoenix Coding Academy Rated A
  • Community Kitchen
  • Stone Flooring

About This Home

Investment Opportunity in an office space in the heart of Midtown Phoenix. This space features four spacious private offices, a private bathroom, secured extra storage, and a custom kitchen—ideal for immediate business use. Inside, enjoy stained concrete floors, tall exposed ceilings, large windows, and high-end stainless steel appliances, including an espresso machine. Located on Central Avenue with excellent visibility and attached to Tapestry on Central, which houses 280 units. Enjoy all of the amenities Tapestry has to offer with this space including heated Pool, gas BBQ's, gym, sauna, clubhouse and more!

Listing Agent

Eric Lambert

Versatile Properties License #SA680077000 Listed on: 08/15/2024

Co-Listing Agent

Jeremy Solem

Versatile Properties License #SA585119000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,624

Year Built

  • Built in 2007

Lot Details

  • 1,525 Sq Ft Lot
  • Property is zoned R-MX

Home Design

  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 1,525 Sq Ft Home
  • Display Windows

Flooring

  • Stone
  • Concrete

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Private Parking
  • Paved Parking
  • Community Parking Structure

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 118-48-469

Community Details

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Recreation

Additional Features

  • Tapestry On Central Building C Condominium Subdivision
  • Operating Expense $12,678

Property Details

Property Type

Other

Est. Annual Taxes

$4,624

Year Built

Built in 2007

Lot Details

1,525 Sq Ft Lot

Listing Details

  • Cross Street: Central and Thomas
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: R-MX
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2007
  • Tax Year: 2023
  • Lot Size Acres: 0.04
  • Co List Office Mls Id: vers001
  • Co List Office Phone: 623-234-0262
  • Subdivision Name: TAPESTRY ON CENTRAL BUILDING C CONDOMINIUM
  • Structure Type: Commercial
  • Railroad Available: Yes
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Stone, Concrete
  • Living Area: 1525.0

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Paved, Private, Parking Structure
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features Paved Parking: Yes
  • Parking Features Private Parking: Yes

Utilities

  • Electric: Individual Meter, APS
  • Cooling: Central Air
  • Heating: Natural Gas
  • Green Building Features: Conference Room, Exercise Room, Reception Room, Kitchen, Display Window(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Size Sq Ft: 1525.0
  • Parcel #: 118-48-469

Multi Family

  • Annual Operating Expense: 12678.0
  • Leasable Area: 1525.0

Tax Info

  • Tax Annual Amount: 4624.0
  • Tax Book Number: 118.00
  • Tax Lot: 12
  • Tax Map Number: 48.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,668 $32,865 -- --
2024 $4,624 $32,278 -- --
2023 $4,624 $50,439 $10,081 $40,358
2022 $4,591 $42,473 $8,488 $33,985
2021 $4,687 $43,830 $8,766 $35,064
2020 $4,741 $41,544 $8,298 $33,246
2019 $4,733 $40,806 $8,154 $32,652
2018 $4,652 $38,574 $7,704 $30,870
2017 $4,544 $31,500 $6,300 $25,200
2016 $4,414 $29,196 $5,832 $23,364
2015 $4,198 $23,329 $4,662 $18,667
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2025 03/01/25 Sold $3,572 +4.1% $2 / Sq Ft View Prior Sale
10/18/2024 10/18/24 Price Changed $3,431 -99.5% $2 / Sq Ft
10/18/2024 10/18/24 Price Changed $639,999 +17928.1% $420 / Sq Ft
08/20/2024 08/20/24 For Sale $3,550 -99.5% $2 / Sq Ft
08/15/2024 08/15/24 For Sale $649,999 -- $426 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- Professional Escrow Resources
Interfamily Deed Transfer -- Accommodation
Special Warranty Deed -- First American Title
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6744260

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-48-469

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