NOT LISTED FOR SALE
Studio
-- Bath
7,600 Sq Ft
36,155 Sq Ft Lot

Last Sold November 18, 2016

Last sale price $375,000 $49 Per Sq Ft

697 Days on Market

Highlights

  • 0.83 Acre Lot
  • Community Kitchen
  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Computer Room
  • Ceramic Tile Flooring

About This Home

As of November 2016

Perfect for a day care, specialty school, community center, or religious use, the 7,600 square foot commercial building consists of a reception area, 5 offices, a computer lab, 2 classrooms, a meeting room, 2 kitchens, and 4 restrooms. The total lot size is 36,000+ square feet, with 24,000 square feet of the site improved with the building, an enclosed playground at the front entrance, and an asphalt paved parking lot. The remaining 12,000 square feet of undeveloped land includes frontage on Broadway Road, and presents an opportunity for expansion or future sale. The property has convenient freeway access, situated approximately 1.2 miles from I-10 & 32nd Street, and 1.5 miles from I-10 & 24th Street.

Last Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 04/01/2016

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 1998

Lot Details

  • 0.83 Acre Lot
  • Block Wall Fence
  • Property is zoned C-2

Home Design

  • Block Exterior

Interior Spaces

  • 7,600 Sq Ft Home
  • Computer Room

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile

Parking

  • 21 Open Parking Spaces
  • 21 Parking Spaces
  • Paved Parking

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 122-21-162

Community Details

Amenities

  • Community Kitchen
  • Reception Area

Building Details

  • Operating Expense $21,857

Property Details

Property Type

Other

Year Built

Built in 1998

Lot Details

0.83 Acres

Listing Details

  • Cross Street: NW Corner of E Broadway and 25th St
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1998
  • Tax Year: 2012
  • Lot Size Acres: 0.83
  • Road Surface Type: Asphalt
  • Structure Type: Other (See Remarks), Commercial
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Ceramic Tile, Concrete
  • Living Area: 7600.0

Exterior Features

  • Fencing: Other, See Remarks, Block
  • Disclosures: Other (See Remarks)
  • Construction Type: Block
  • Roof: Other
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved
  • 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 Features Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Other, See Remarks, Heat Pump
  • Heating: Heat Pump
  • Green Building Features: Reception Room, Kitchen, Computer Room
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes
  • Main Cooling Other: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Computer Room: Yes

Lot Info

  • Lot Size Sq Ft: 36227.0
  • Parcel #: 122-21-162

Multi Family

  • Annual Operating Expense: 21857.08

Tax Info

  • Tax Annual Amount: 21857.08
  • Tax Book Number: 122.00
  • Tax Lot: 1
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2016
Closed on
Nov 17, 2016
Sold by
Dhb Real Estate Llc
Bought by
Kay Dc Enterprises Llc
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$495,000
Sold Price
$375,000
Premium/Discount to List
-$120,000
-24.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 10, 1995
Sold by
Ong Yuet Sheung Fong
Bought by
Southwest Leadership Foundation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
8.37%
Mortgage Type
Commercial
Source: Public Records
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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
Kay Dc Enterprises Llc $375,000 Meridian Title Corp
Southwest Leadership Foundation $225,000 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kay Dc Enterprises Llc $225,000
Previous Owner Southwest Leadership Foundation $157,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2016 11/18/16 Sold $375,000 -24.2% $49 / Sq Ft
05/03/2016 05/03/16 Pending -- -- --
06/06/2014 06/06/14 For Sale $495,000 -- $65 / 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 $12,107 $80,296 -- --
2024 $12,175 $78,862 -- --
2023 $12,175 $142,749 $37,434 $105,315
2022 $12,282 $86,450 $13,545 $72,905
2021 $12,890 $85,122 $12,744 $72,378
2020 $12,731 $80,550 $9,900 $70,650
2019 $12,319 $80,388 $7,488 $72,900
2018 $11,988 $64,197 $8,443 $55,754
2017 $11,996 $64,197 $8,443 $55,754
2016 $13,571 $81,900 $10,771 $71,129
2015 $14,440 $84,175 $11,071 $73,104
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5137711

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-21-162B

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