$3,572
SOLD MAR 1, 2025
-- Bed
-- Bath
1,525 Sq Ft
1,525 Sq Ft Lot

Recently Sold

$2 Per Sq Ft

1% Above List Price

192 Days on Market

Highlights

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

About This Home

As of March 2025

Available now! Turnkey 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! Also available for purchase.

Last Agent to Sell the Property

Eric Lambert

Versatile Properties License #SA680077000 Listed on: 08/20/2024

Co-Listed By

Jeremy Solem

Versatile Properties License #SA585119000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

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

  • Property Available on 8/19/24
  • The owner pays for (see remarks)
  • Tax Lot 12
  • Assessor Parcel Number 118-48-469

Community Details

Overview

  • Tapestry On Central Building C Condominium Subdivision

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Recreation

Property Details

Property Type

Other

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Cross Street: Central and Thomas
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Lease
  • Zoning: R-MX
  • Number Of Buildings: 1
  • Lease Info Annual C A M Sq Ft: 10.31
  • Lease Info Annual Lease Price: 41175.0
  • Lease Info Annual Lse Prc P S F: 27.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 3
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 1525
  • Year Built: 2007
  • Tax Year: 2023
  • Directions: South on Central Ave, West on Vernon
  • Lot Size Acres: 0.04
  • Road Surface Type: Dedicated Street, Sidewalk(s)
  • 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
  • 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 Parking, Private Parking, 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:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Parking Structure: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Central A/C
  • 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

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Exercise Room: Yes
  • Amenities:Display Window(s): Yes

Lot Info

  • Lot Size Sq Ft: 1525.0
  • Additional Parcels: No
  • Parcel #: 118-48-469
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2024-08-19

Multi Family

  • Owner Pays: Other (See Remarks)
  • Tenant Pays: See Remarks
  • Existing Lease Type: NNN
  • Leasable Area: 1525.0

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2023
Sold by
Kolodin Catherine
Bought by
Teresa Properties Llc
Current Estimated Value
$620,927

Purchase Details

Closed on
Oct 16, 2019
Sold by
Kolodin Dennis
Bought by
Kolodin Dennis and Kolodin Catherine

Purchase Details

Closed on
Apr 15, 2011
Sold by
Willowalk Property Limited Partnership
Bought by
Kolodin Dennis
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Property History

Date Event Price Change Sq Ft Price
03/01/2025 03/01/25 Sold $3,572 +4.1% $2 / Sq Ft
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)

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 $4,532 $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

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6746105

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-48-469