NOT LISTED FOR SALE

Estimated Value: $3,450,436

-- Bed
-- Bath
8,201 Sq Ft
$421/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $2,300 $0 Per Sq Ft

Est. 149,919% increase in value since last sale

Current estimated payment $20,409/month

79 Days on Market

Highlights

  • Wood Flooring
  • Phoenix Coding Academy Rated A
  • Central Air

About This Home

As of September 2023

Heavy daytime traffic and great street frontage off of Thomas Rd. 2000 sf of retail/office space available on two floors. Downstairs is 1000 sf of retail space with a private restroom. Upstairs is 1000 sf of office and storage space with another restroom.

Last Agent to Sell the Property

Joy Littrell

LRA Real Estate Group, LLC License #SA697289000 Listed on: 06/13/2023

Last Buyer's Agent

Joy Littrell

LRA Real Estate Group, LLC License #SA697289000 Listed on: 06/13/2023

Property Details

Property Type

  • Other

Lot Details

  • 0.39

Home Design

  • 8,201 Sq Ft Home
  • Wood Frame Construction
  • Concrete Roof
  • Stucco

Flooring

  • Wood
  • Ceramic Tile

Parking

  • 21 Open Parking Spaces
  • 21 Parking Spaces
  • Public Parking
  • Free Parking
  • Paved Parking

Additional Features

  • Property is zoned C-2
  • Central Air

Listing and Financial Details

  • Property Available on 6/1/23
  • Tenant pays for electricity, janitorial service
  • The owner pays for common area maintenance, trash, water
  • Assessor Parcel Number 120-35-100

Property Details

Property Type

Other

Lot Details

0

Listing Details

  • Cross Street: 24th St and Thomas Rd.
  • Property Type: Comm/Industry Lease
  • Zoning: C-2
  • Lease Info Annual C A M Sq Ft: 5.0
  • Lease Info Annual Lease Price: 42000.0
  • Lease Info Annual Lse Prc P S F: 16.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 3-5
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 2,000
  • Tax Year: 2022
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Living Area: 8201.0

Exterior Features

  • Disclosures: None
  • Construction Type: Frame - Wood, Stucco
  • Roof: Concrete
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Paved Parking, Public Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 21.0
  • Total Parking Spaces: 21.0
  • General Property Description:Uncvrd Parking Spcs: 21.0
  • General Property Description:Total Parking Spcs: 21.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Office Heated: Yes

Lot Info

  • Additional Parcels: No
  • Parcel #: 120-35-100

Rental Info

  • Available Date: 2023-06-01

Multi Family

  • Owner Pays: Common Area Maint, Trash, Water
  • Tenant Pays: Electricity, Janitorial Service
  • Existing Lease Type: NNN
  • Leasable Area: 2000.0

Tax Info

  • Tax Annual Amount: 14341.0
  • Tax Book Number: 120.00
  • Tax Map Number: 35.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2006
Sold by
Becker Robert M
Bought by
2415 Thomas Llc
Current Estimated Value
$3,450,436

Purchase Details

Closed on
Jul 12, 2006
Sold by
Stephen Sally
Bought by
Becker Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
6.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 12, 2003
Sold by
Dahle Larry F
Bought by
Thomas24 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
5.97%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
2415 Thomas Llc -- None Available
Becker Robert M -- Security Title Agency Inc
Becker Robert M $2,079,000 Security Title Agency Inc
Miraglia Chad -- Security Title Agency Inc
Miraglia Chad -- Security Title Agency Inc
Thomas24 Llc $725,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2415 Thomas Llc $650,000
Previous Owner Miraglia Chad $1,350,000
Previous Owner Thomas24 Llc $580,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Off Market $2,500 -- --
09/01/2023 09/01/23 Sold $2,300 -8.0% $0 / Sq Ft
07/22/2023 07/22/23 Price Changed $2,500 -28.6% $0 / Sq Ft
06/13/2023 06/13/23 For Sale $3,500 +144.8% $0 / Sq Ft
06/12/2015 06/12/15 Sold $1,430 -13.3% $0 / Sq Ft
06/12/2015 06/12/15 Pending -- -- --
12/16/2014 12/16/14 For Sale $1,650 -- $0 / 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 $14,239 $106,205 -- --
2024 $14,501 $104,309 -- --
2023 $14,501 $110,738 $56,661 $54,077
2022 $14,341 $104,440 $52,570 $51,870
2021 $15,111 $107,172 $54,072 $53,100
2020 $14,743 $107,820 $53,244 $54,576
2019 $14,639 $101,988 $49,212 $52,776
2018 $14,338 $91,098 $37,962 $53,136
2017 $13,784 $98,604 $37,962 $60,642
2016 $13,250 $87,768 $32,130 $55,638
2015 $12,669 $78,977 $27,084 $51,893
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6568206

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-35-100