Chase Reynolds
Ventana Fine Properties
(480) 725-2315
33 Total Sales
2 in Camelback East Village
$325K - $3.5M Price Range
2540 E Indian School Rd Phoenix, AZ 85016
Camelback East Village NeighborhoodEstimated Value: $538,000 - $570,946
Studio
2
Baths
1,635
Sq Ft
$339/Sq Ft
Est. Value
About This Home
As of September 2023SINGLE TENANT INVESTMENT SALE | ±6.1% CAP RATE | RECENTLY SIGNED 3 YEAR RENEWAL WITH ESTABLISHED TENANT | RARE, SMALL FREESTANDING OFFICE BUILDING | FRONTAGE ON INDIAN SCHOOL ROAD | IN DESIRABLE BILTMORE/ARCADIA SUBMARKET |
HEAVILY RENOVATED IN 2014 WITH EXPOSED DUCT WORK AND HIGH-END IMPROVEMENTS | C-2 ZONING, CITY OF PHOENIX | FLEXIBLE OPEN BUILDOUT SUITABLE FOR VARIOUS USES- OFFICE,RETAIL, SHOWROOM ETC
Last Agent to Sell the Property
Cutler Commercial License #BR516852000 Listed on: 08/04/2023
Last Buyer's Agent
Non-MLS Agent
Non-MLS Office
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Property Details
Property Type
- Other
Est. Annual Taxes
- $4,644
Year Built
- Built in 1950
Lot Details
- 8,497 Sq Ft Lot
- Property is zoned C-2
Home Design
- 1,635 Sq Ft Home
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
Listing and Financial Details
- Tax Lot 137
- Assessor Parcel Number 163-06-065
Community Details
Overview
- Hoffman Terrace 2 Subdivision
Building Details
- Operating Expense $4,644
- Net Operating Income $30,694
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
Listed on
Aug 4, 2023
Closed on
Sep 7, 2023
Sold by
2540 Property Llp
Bought by
Seller's Agent
Jim Lieberthal
Cutler Commercial
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$503,182
Sold Price
$499,000
Premium/Discount to List
-$4,182
-0.83%
Views
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,951
Avg. Annual Appreciation
3.55%
Purchase Details
Closed on
Jul 23, 2014
Sold by
E Paul Investments Llc
Bought by
2540 Property Llp
Purchase Details
Closed on
Dec 14, 2012
Sold by
Mohawk Iii Llc
Bought by
E Paul Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,750
Interest Rate
3.27%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Apr 8, 2009
Sold by
Mohawk Llc
Bought by
Mohawk Iii Llc
Purchase Details
Closed on
Jan 26, 2004
Sold by
Cronin Michel J and Cronin Kyle H
Bought by
Mohawk Llc
Purchase Details
Closed on
Apr 12, 1995
Sold by
Strmic Victor C and Jessup Helen S
Bought by
Cronin Michael J and Cronin Kyle H
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Camelback East Village, AZ
-
Chase Reynolds
-
Eric Maschue
Eric Maschue
Real Broker
(623) 254-5524
23 Total Sales
2 in Camelback East Village
$240K - $440K Price Range
-
Thomas Krieger
Thomas Krieger
Realty Executives Arizona Territory
(520) 900-1838
296 Total Sales
1 in Camelback East Village
$458,000 Price
-
Scottie Brown
Scottie Brown
Keller Williams Integrity First Realty
(877) 525-3130
74 Total Sales
1 in Camelback East Village
$310,000 Price
-
Andrew McCargar
Andrew McCargar
Done Deal
(480) 864-3781
62 Total Sales
1 in Camelback East Village
$330,000 Price
-
Kristofer Robison
Kristofer Robison
Brokers Hub Realty, LLC
(602) 878-8235
29 Total Sales
3 in Camelback East Village
$761K - $1.1M 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 |
|---|---|---|---|
| $499,000 | Fidelity National Title Agency | ||
| 2540 Property Llp | $315,000 | Stewart Title & Trust Of Pho | |
| E Paul Investments Llc | $175,000 | Lawyers Title Of Arizona Inc | |
| Mohawk Iii Llc | -- | None Available | |
| Mohawk Llc | -- | -- | |
| Cronin Michael J | $100,000 | 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 |
|---|---|---|---|
| Previous Owner | $148,750 |
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 |
|---|---|---|---|---|
| 09/06/2023 09/06/23 | Sold | $499,000 | -0.8% | $305 / Sq Ft |
| 08/22/2023 08/22/23 | Pending | -- | -- | -- |
| 08/04/2023 08/04/23 | For Sale | $503,182 | -- | $308 / 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 | $4,726 | $35,902 | ||
| 2024 | $4,653 | $35,261 | ||
| 2023 | $4,653 | $62,968 | $46,801 | $16,167 |
| 2022 | $4,644 | $54,776 | $39,253 | $15,523 |
| 2021 | $4,817 | $56,790 | $40,374 | $16,416 |
| 2020 | $4,754 | $38,430 | $33,606 | $4,824 |
| 2019 | $4,650 | $45,180 | $32,004 | $13,176 |
| 2018 | $4,538 | $42,030 | $29,160 | $12,870 |
| 2017 | $2,426 | $20,250 | $4,050 | $16,200 |
| 2016 | $1,874 | $16,130 | $3,220 | $12,910 |
| 2015 | $1,745 | $13,980 | $2,790 | $11,190 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Lieberthal
Seller's Agent in 2023
Jim Lieberthal
Cutler Commercial
(480) 427-1002
3 in this area
67 Total Sales
-
N
Buyer's Agent in 2023
Non-MLS Agent
Non-MLS Office
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6588225
APN: 163-06-065
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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