Erin Rose
eXp Realty
(520) 462-5005
111 Total Sales
3 in Camelback East Village
$318K - $500K Price Range
2425 E Thomas Rd Phoenix, AZ 85016
Camelback East Village NeighborhoodEstimated Value: $1,185,445
Studio
--
Baths
10,757
Sq Ft
$110/Sq Ft
Est. Value
Highlights
- Display Windows
- Central Air
- Heating Available
- Phoenix Coding Academy Rated A
- Concrete Flooring
About This Home
As of November 2013Historically and currently 90+% occupancy. Predictable and steady cash flow. With 18 leasable spaces of approximately 600 square feet each, the existing configuration provides a match for the area tenancy. These easy to lease suites are contiguous allowing tenants to add more space– which many at the property have done. The property enjoys a strong drive-by exposure along the busy East Thomas Road at 24th Street. With proximity to freeways, service providers and a steady flow of customers, these suites are popular with small business. Historic operating expenses at the property have been low, allowing for strong cash flow.
Last Agent to Sell the Property
Scott Trevey
REI Marketing License #SA539099000 Listed on: 05/07/2013
Last Buyer's Agent
Non-MLS Agent
Non-MLS Office
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Property Details
Property Type
- Other
Est. Annual Taxes
- $7,478
Year Built
- Built in 1955
Lot Details
- 10,300 Sq Ft Lot
- Property is zoned C-C, C-2
Home Design
- Brick Exterior Construction
- Built-Up Roof
- Block Exterior
Interior Spaces
- 10,757 Sq Ft Home
- Display Windows
- Concrete Flooring
Parking
- 31 Open Parking Spaces
- 31 Parking Spaces
- Public Parking
- Paved Parking
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 120-35-062
Community Details
Overview
- Building Dimensions are irregular
Building Details
- Gross Income $102,216
- Net Operating Income $67,633
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 24, 2019
Sold by
Dechant Thomas J
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$860,682
Interest Rate
4.1%
Mortgage Type
Commercial
Estimated Equity
$324,763
Purchase Details
Closed on
Oct 13, 2017
Sold by
Ftc 28 Llc
Bought by
Dechant Thomas J and Thomas J Dechant Separate Property Tr
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.82%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jan 3, 2007
Sold by
Teberg John A
Bought by
Tepper Nancy Boxley and The Tepper Family Trust
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Camelback East Village, AZ
-
Erin Rose
-
Michael Jeklinski, Jr
Michael Jeklinski, Jr
Mutual Property Advisors, LLC
(888) 960-0485
29 Total Sales
1 in Camelback East Village
$2,723,500 Price
-
Gary Colin
Gary Colin
Real Broker
(480) 745-2386
96 Total Sales
1 in Camelback East Village
$813,000 Price
-
David Allayev
David Allayev
eXp Realty
(623) 246-4220
54 Total Sales
2 in Camelback East Village
$252K - $1.4M Price Range
-
Keith DeChristina
Keith DeChristina
LPT Realty, LLC
(833) 686-5690
72 Total Sales
1 in Camelback East Village
$612,500 Price
-
Michelle Kozak
Michelle Kozak
The Ave Collective
(888) 619-9748
102 Total Sales
5 in Camelback East Village
$450K - $800K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Thomas Title & Escrow | ||
| Dechant Thomas J | $675,000 | Commonwealth Land Title Insu | |
| Tepper Nancy Boxley | $440,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,000,000 | ||
| Previous Owner | Dechant Thomas J | $500,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/13/2013 11/13/13 | Sold | $572,000 | -11.9% | $53 / Sq Ft |
| 10/02/2013 10/02/13 | Pending | -- | -- | -- |
| 04/26/2013 04/26/13 | For Sale | $649,000 | -- | $60 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $7,759 | $57,445 | ||
| 2024 | $7,843 | $56,419 | ||
| 2023 | $7,843 | $165,818 | $32,181 | $133,637 |
| 2022 | $7,757 | $162,961 | $30,083 | $132,878 |
| 2021 | $8,173 | $185,778 | $32,760 | $153,018 |
| 2020 | $7,974 | $132,909 | $30,615 | $102,294 |
Source: Public Records
Agents Affiliated with this Home
-
ST
Seller's Agent in 2013
Scott Trevey
REI Marketing
-
N
Buyer's Agent in 2013
Non-MLS Agent
Non-MLS Office
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 4932294
APN: 120-35-062A
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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