NOT LISTED FOR SALE

2521 E Thomas Rd Phoenix, AZ 85016

Camelback East Village Neighborhood

Estimated Value: $779,527

-- Bed
-- Bath
4,151 Sq Ft
$188/Sq Ft Est. Value

Last Sold February 26, 2024

Last sale price $743,000 $179 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,181/month

117 Days on Market

Highlights

  • Gated Community
  • 0.4 Acre Lot
  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Meeting Room
  • Ceramic Tile Flooring

About This Home

As of February 2024

BACK ON THE MARKET!! BUYER DIDN'T PERFORM. GREAT OPPORTUNITY FOR AN OWNER USER OR AS AN INVESTMENT. 2 BUILDINGS IN A CORNER LOT WITH HEAVY TRAFFIC AND HIGH VISIBILITY. ONE BUILDING LEASING TO A CHURCH AND TO A HEALTH SERVICES COMPANY, AND THE OTHER BUILDING LEASING SPACES TO A MIXED-USE TENANTS. C-2 ZONED. POTENTIAL USES INCLUDE BUT NOT LIMITED TO MEDICAL, CHURCH, RETAIL AND MORE. BEING SOLD AS-IS. BUYER AND BUYERS AGENT TO VERIFY ALL FACTS, FIGURES AND ANY OTHER PERTINENT INFORMATION DURING INSPECTION.

Last Agent to Sell the Property

Patricia Valdez

Trimark Homes, LLC License #BR513308000 Listed on: 11/02/2023

Last Buyer's Agent

Edward Green

HomeSmart License #SA642539000

HomeSmart

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $10,122

Year Built

  • Built in 1979

Lot Details

  • 0.4 Acre Lot
  • Security Fence
  • Property is zoned C2

Home Design

  • 4,151 Sq Ft Home
  • Built-Up Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces
  • Private Parking
  • Paved Parking
  • Fenced Parking

Utilities

  • Cooling Available
  • Heat Pump System
  • 220 Volts

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 120-35-071

Community Details

Overview

  • 2 Buildings
  • Foote Add. Blks 1 6 Subdivision

Amenities

  • Meeting Room
  • Reception Area

Building Details

  • Operating Expense $17,874
  • Gross Income $39,000
  • Net Operating Income $39,000

Security

  • Gated Community

Property Details

Property Type

Other

Est. Annual Taxes

$10,122

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Cross Street: THOMAS RD AND 24TH ST.
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C2
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1979
  • Tax Year: 2022
  • Directions: TO EAST TO 25TH PLACE PROPERTY ON SW CORNER OF THOMAS AND 25TH PLACE.
  • Lot Size Acres: 0.4
  • Subdivision Name: FOOTE ADD. BLKS 1-6
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Living Area: 4151.0

Exterior Features

  • Fencing: Security
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved, Private, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 20.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 20.0

Utilities

  • Electric: 220 Volts, Individual Meter, Underground, SRP
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Green Building Features: Conference Room, Reception Room, Security Gate
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Heat Pump2: Yes

Association/Amenities

  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Security Gate: Yes

Fee Information

  • Trash Expense: 552.0
  • Annual Water Sewer Expense: 180.0

Lot Info

  • Lot Size Sq Ft: 17297.0
  • Parcel #: 120-35-071
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 2400.0
  • Annual Gross Income: 39000.0
  • Insurance Expense: 3540.0
  • Property Net Operating Income: 39000.0
  • Annual Operating Expense: 17874.0

Tax Info

  • Tax Annual Amount: 10122.0
  • Tax Book Number: 120.00
  • Tax Lot: 9
  • Tax Map Number: 35.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Feb 26, 2024
Sold by
Azc Place Llc
Bought by
Doray Realty Llc
Seller's Agent
Patricia Valdez
Trimark Homes, LLC
Buyer's Agent
Edward Green
HomeSmart
List Price
$850,000
Sold Price
$743,000
Premium/Discount to List
-$107,000
-12.59%
Views
59
Current Estimated Value
$779,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,527
Avg. Annual Appreciation
3.96%

Purchase Details

Closed on
May 12, 2016
Sold by
Civens Allan Z
Bought by
Azc Place

Purchase Details

Closed on
Apr 21, 1999
Sold by
Tsivyan Civens Ann
Bought by
Civens Allan Z

Purchase Details

Closed on
Apr 2, 1997
Sold by
New Century Trust
Bought by
Civens Allan Z and Tsivyan Civens Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
7.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 6, 1996
Sold by
Kelly Judith and The Kelly Family Trust
Bought by
Stout Duane and The New Century Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 16, 1994
Sold by
Kelly Judith and Kelly Family Trust
Bought by
Kelly Judith and Kelly Family Trust
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
Doray Realty Llc $743,000 Pioneer Title
Azc Place -- None Available
Civens Allan Z -- --
Civens Allan Z $255,000 Fidelity Title
Stout Duane $230,000 Fidelity Title
Kelly Judith -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Civens Allan Z $198,000
Previous Owner Stout Duane $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2024 02/26/24 Sold $743,000 -12.6% $179 / Sq Ft
01/14/2024 01/14/24 Pending -- -- --
11/02/2023 11/02/23 For Sale $850,000 0.0% $205 / Sq Ft
09/23/2023 09/23/23 Off Market $850,000 -- --
09/20/2023 09/20/23 Pending -- -- --
09/18/2023 09/18/23 For Sale $850,000 +78.9% $205 / Sq Ft
06/18/2021 06/18/21 Sold $475,000 -26.9% $114 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
12/07/2020 12/07/20 For Sale $650,000 -- $157 / 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 $10,050 $74,960 -- --
2024 $10,235 $73,622 -- --
2023 $10,235 $100,317 $61,013 $39,304
2022 $10,122 $99,786 $56,683 $43,103
2021 $10,665 $98,388 $58,302 $40,086
2020 $10,405 $81,635 $16,327 $65,308
2019 $10,332 $74,214 $53,136 $21,078
2018 $10,120 $67,824 $40,680 $27,144
2017 $9,729 $57,078 $40,680 $16,398
2016 $9,365 $54,432 $34,380 $20,052
2015 $10,113 $60,273 $30,266 $30,007
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2024

    Patricia Valdez

    Trimark Homes, LLC

  • Edward Green

    Buyer's Agent in 2024

    Edward Green

    HomeSmart

    (480) 440-7757

    1 in this area

    40 Total Sales

    Edward Green
    Section Image

  • N

    Buyer's Agent in 2021

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6606681

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-35-071

Arizona Maricopa County Phoenix 85008 Camelback East Village

2521 E Thomas Rd, Phoenix, AZ

This home is located at 2521 E Thomas Rd, Phoenix, AZ 85016 since 02 November 2023 and is currently estimated at $779,527, approximately $187 per square foot. This property was built in 1979. 2521 E Thomas Rd is a home located in Maricopa County with nearby schools including Camelback High School, Phoenix Coding Academy, and Career Success Schools - Sage Campus.

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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