NOT LISTED FOR SALE

Estimated Value: $1,318,840

-- Bed
-- Bath
8,625 Sq Ft
$153/Sq Ft Est. Value

Last Sold June 08, 2018

Last sale price $485,000 $56 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $7,524/month

88 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Air
  • 3-minute walk to Virginia Park
  • Phoenix Coding Academy Rated A

About This Home

As of June 2018

Excellent retail building with excellent visibility on high traffic 16th Street! The building layout provides a lot of flexibility in use! Retail, storage, warehouse, church! Previous uses include a candy store, party supply shop, gym, and cabinet making warehouse! Very efficient building! Exterior paint ws just completed and parking lot striping. 20ft loading doors! 440 electricity. Excellent access to the 51 and I-10! Corner lot!

Last Agent to Sell the Property

Zachary Pebler

Realty ONE Group License #SA548325000 Listed on: 02/12/2018

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,095

Year Built

  • Built in 1973

Lot Details

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

Home Design

  • 8,625 Sq Ft Home
  • Wood Frame Construction
  • Block Exterior
  • Stucco

Flooring

  • Concrete
  • Ceramic Tile

Parking

  • 15 Open Parking Spaces
  • 15 Parking Spaces
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • No Heating
  • 440 Volts
  • 220 Volts

Community Details

  • Greenfield Acres Lots 9 24 Subdivision
  • Operating Expense $6,095

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 117-05-023

Property Details

Property Type

Other

Est. Annual Taxes

$6,095

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: Thomas & 16th Street
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1973
  • Tax Year: 2017
  • Directions: South on 16th Street from Thomas. Building is at the southeast corner of 16th St. & Yale.
  • Lot Size Acres: 0.34
  • Road Surface Type: Asphalt
  • Subdivision Name: GREENFIELD ACRES LOTS 9-24
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Ceramic Tile, Concrete
  • Living Area: 8625.0

Exterior Features

  • Fencing: Block
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Frame - Wood, Stucco, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Paved Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 15.0
  • Total Parking Spaces: 15.0
  • General Property Description:Uncvrd Parking Spcs: 15.0
  • General Property Description:Total Parking Spcs: 15.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: 440 Volts, 220 Volts, 3 Phase Power, Master Meter, APS
  • Cooling: Central A/C, Warehouse Evap
  • Heating: None
  • Water Source: City Franchise
  • Electric Master Meter: Yes
  • Heating:None29: Yes
  • 3 Phase Power: Yes

Lot Info

  • Lot Size Sq Ft: 14831.0
  • Parcel #: 117-05-023
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 6095.0

Tax Info

  • Tax Annual Amount: 6095.0
  • Tax Book Number: 117.00
  • Tax Lot: 13
  • Tax Map Number: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2021
Sold by
Reyar Properties Llc
Bought by
Realeza Michoacana Llc
Total Days on Market
88
Current Estimated Value
$1,318,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$979,300
Outstanding Balance
$885,120
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$441,320

Purchase Details

Listed on
Feb 12, 2018
Closed on
Jun 4, 2018
Sold by
Gonzalez Jesus Alonso
Bought by
Reyar Properties Llc
Seller's Agent
Zachary Pebler
Realty ONE Group
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$579,900
Sold Price
$485,000
Premium/Discount to List
-$94,900
-16.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.50%

Purchase Details

Closed on
Jun 15, 2013
Sold by
Gonzalez Jesus
Bought by
Gonzalez Jesus and Gonzalez Anastacia

Purchase Details

Closed on
Jun 4, 2013
Sold by
Mazon Denise Leal
Bought by
Gonzalez Jesus Alonso

Purchase Details

Closed on
Mar 12, 2011
Sold by
Gonzalez Jesus and Gonzalez Anastacia
Bought by
Mazon Denise Leal

Purchase Details

Closed on
Jul 10, 2009
Sold by
Gonzalez Jesus Alonso
Bought by
Gonzalez Jesus and Gonzalez Anastacia

Purchase Details

Closed on
Feb 7, 2006
Sold by
Mance John A
Bought by
Gonzales Jesus and Gonzales Anastacia
Source: Public Records

Range of Values:

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Average Value
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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
Realeza Michoacana Llc $1,025,000 Security Title Agency Inc
Reyar Properties Llc $485,000 Security Title Agency Inc
Gonzalez Jesus -- None Available
Gonzalez Jesus Alonso -- None Available
Mazon Denise Leal -- None Available
Gonzalez Jesus -- None Available
Gonzales Jesus $300,000 Stewart Title & Trust Of Pho
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Realeza Michoacana Llc $979,300
Previous Owner Gonzales Jesus $40,546
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2018 06/08/18 Sold $485,000 -8.5% $56 / Sq Ft
04/18/2018 04/18/18 Price Changed $529,900 -8.6% $61 / Sq Ft
02/12/2018 02/12/18 For Sale $579,900 -- $67 / 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 $6,296 $46,959 -- --
2024 $6,412 $46,120 -- --
2023 $6,412 $141,083 $51,374 $89,709
2022 $6,341 $120,435 $36,190 $84,245
2021 $6,681 $74,070 $32,958 $41,112
2020 $6,519 $79,128 $31,968 $47,160
2019 $6,473 $66,186 $17,334 $48,852
2018 $6,340 $64,944 $16,056 $48,888
2017 $6,095 $55,044 $16,722 $38,322
2016 $5,859 $46,890 $15,624 $31,266
2015 $5,602 $39,091 $15,078 $24,013
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5722422

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-05-023