NOT LISTED FOR SALE

2501 E Indian School Rd Phoenix, AZ 85016

Camelback East Village Neighborhood

Estimated Value: $885,210

Studio
-- Bath
1,710 Sq Ft
$518/Sq Ft Est. Value

Last Sold May 24, 2017

Last sale price $287,250 $168 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $5,099/month

131 Days on Market

About This Home

As of May 2017

GREAT CENTRAL/EAST PHOENIX LOCATION FOR BUSINESS. C-C ZONING CURRENTLY. CURRENTLY USED AS A RETAIL STORE, THIS BUILDING HAS LOTS OF STORAGE SPACE, PLUS THREE OFFICES UPSTAIRS. PARKING IN FRONT, PLUS LOTS OF ADDITIONAL PARKING SPACE IN THE REAR. GREAT OPPORTUNITY FOR YOUR COMMERCIAL ENTERPRISE! - REO Property

Last Agent to Sell the Property

Timothy Schutt

Wrangler Real Estate License #BR567000000 Listed on: 10/28/2016

Co-Listed By

Richard Schutt

Wrangler Real Estate License #BR108116000

Last Buyer's Agent

Dan Werner

Metropolitan Realty Advisors LLC License #BR519311000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,261

Year Built

  • Built in 1920

Lot Details

  • 8,520 Sq Ft Lot
  • Chain Link Fence
  • Property is zoned C2

Home Design

  • 1,710 Sq Ft Home
  • Wood Frame Construction
  • Composition Roof

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces

Utilities

  • Heat Pump System

Community Details

  • Showroom
  • Operating Expense $5,261

Listing and Financial Details

  • Assessor Parcel Number 119-04-143-B

Property Details

Property Type

Other

Est. Annual Taxes

$5,261

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Cross Street: 24TH STREET & INDIAN SCHOOL ROAD
  • Property Type: Comm/Industry Sale
  • Zoning: C2
  • Current Use: Retail
  • Number Of Buildings: 1
  • Year Built: 1920
  • Tax Year: 2016
  • Lot Size Acres: 0.2
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: lgry01
  • Co List Office Phone: 480-510-4555
  • Structure Type: Commercial
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: Chain Link
  • Construction Type: Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 12.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 12.0
  • Parking:Free: Yes

Utilities

  • Electric: SRP
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Green Building Features: Showroom
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Association/Amenities

  • Amenities:Showroom: Yes

Lot Info

  • Lot Size Sq Ft: 8520.0
  • Additional Parcels: No
  • Parcel #: 119-04-143-B
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 5261.0

Tax Info

  • Tax Annual Amount: 5261.0
  • Tax Book Number: 119.00
  • Tax Lot: -
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2025
Sold by
Cameron 2 Llc and Turney Encanto Apartments Limited Partne
Bought by
Jkro Investments Llc
Current Estimated Value
$885,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Outstanding Balance
$656,128
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$229,082

Purchase Details

Closed on
Mar 28, 2021
Sold by
Milne William James and Milne William James
Bought by
Cameron 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 7, 2020
Sold by
Tmc Investments Llc
Bought by
Milne William James and Milne William James

Purchase Details

Listed on
Oct 28, 2016
Closed on
May 23, 2017
Sold by
Cazenovia Creek Funding I Llc
Bought by
Tmc Investments L L C
Seller's Agent
Timothy Schutt
Wrangler Real Estate
Buyer's Agent
Dan Werner
Metropolitan Realty Advisors LLC
List Price
$299,000
Sold Price
$287,250
Premium/Discount to List
-$11,750
-3.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.95%
Original Mortgage
$150,000
Interest Rate
4.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 4, 2016
Sold by
Kruglick Arthur J
Bought by
Cazenovia Creek Funding I Llc

Purchase Details

Closed on
Sep 14, 2001
Sold by
Plesko Todd and Plesko Brenda
Bought by
Kruglick Arthur J

Purchase Details

Closed on
Feb 16, 1999
Sold by
Adeli Andrew H and Adeli Maria S
Bought by
Plesko Todd and Plesko Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
6.77%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 11, 1999
Sold by
Carlise Charles and Carlisi Samuel M
Bought by
Adeli Andrew H and Adeli Maria S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
6.77%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jkro Investments Llc $880,000 Fidelity National Title Agency
Cameron 2 Llc $534,000 Fidelity Natl Ttl Agcy Inc
Milne William James $325,000 Grand Canyon Title Agency
Tmc Investments L L C $287,250 Security Title Agency Inc
Cazenovia Creek Funding I Llc -- None Available
Kruglick Arthur J $194,500 Security Title Agency
Plesko Todd $160,000 Old Republic Title Agency
Adeli Andrew H $142,000 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jkro Investments Llc $660,000
Previous Owner Cameron 2 Llc $404,000
Previous Owner Tmc Investments L L C $150,000
Previous Owner Plesko Todd $138,000
Previous Owner Adeli Andrew H $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2017 05/24/17 Sold $287,250 -3.9% $168 / Sq Ft
03/07/2017 03/07/17 Pending -- -- --
10/27/2016 10/27/16 For Sale $299,000 -- $175 / 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 $5,696 $42,171 -- --
2024 $5,758 $41,417 -- --
2023 $5,758 $61,744 $46,903 $14,841
2022 $5,695 $53,026 $39,358 $13,668
2021 $6,000 $54,180 $40,482 $13,698
2020 $5,854 $47,250 $33,696 $13,554
2019 $5,813 $44,946 $32,094 $12,852
2018 $5,693 $42,228 $29,322 $12,906
2017 $5,473 $39,348 $26,532 $12,816
2016 $5,261 $35,568 $24,534 $11,034
Source: Public Records

Agents Affiliated with this Home

  • Timothy Schutt

    Seller's Agent in 2017

    Timothy Schutt

    Wrangler Real Estate

    (520) 591-0027

    10 in this area

    1,590 Total Sales

    Timothy Schutt
    Section Image
  • Richard Schutt

    Seller Co-Listing Agent in 2017

    Richard Schutt

    Wrangler Real Estate

    (480) 313-2246

    2 in this area

    1,103 Total Sales

    Richard Schutt
    Section Image
  • Dan Werner

    Buyer's Agent in 2017

    Dan Werner

    Metropolitan Realty Advisors LLC

    (480) 946-4748

    1 in this area

    3 Total Sales

    Dan Werner
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5517425

Arizona Regional Multiple Listing Service (ARMLS)

APN: 119-04-143B

Arizona Maricopa County Phoenix 85016 Camelback East Village

2501 E Indian School Rd, Phoenix, AZ

Not Listed for Sale

Other

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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