NOT LISTED FOR SALE

2546 E Thomas Rd Phoenix, AZ 85016

Camelback East Village Neighborhood

Estimated Value: $602,671

Studio
-- Bath
1,032 Sq Ft
$584/Sq Ft Est. Value

Sale Details

Date Sold: March 6, 2019

Last sale price $365,000 $354 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,468 / mo

66 Days on Market

About This Home

As of March 2019

• Great Investment Opportunity with Cash Flow
• Built Out Professional Dental Office Building
• Brand New 7 Year NNN Lease
• Corporate Guaranty with Regional Dental Group
• Strong Tenant Financials
• Easy Access to the 202 & 51 Fwy
• +/- 1,032 SF
• Sales Price: $400,000 ($387.60 PSF)
• Renovated in 2014

Last Agent to Sell the Property

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 03/06/2019

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,017

Year Built

  • Built in 1953

Lot Details

  • 7,500 Sq Ft Lot
  • Property is zoned R-5

Home Design

  • 1,032 Sq Ft Home
  • Wood Frame Construction

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Paved Parking

Community Details

  • Biltmore Manor Subdivision
  • Net Operating Income $27,864

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 119-16-124

Property Details

Property Type

Other

Est. Annual Taxes

$2,017

Year Built

Built in 1953

Lot Details

7,500 Sq Ft Lot

Listing Details

  • Cross Street: E Thomas Rd & N 26th St
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Other (See Remarks)
  • Year Built: 1953
  • Tax Year: 2529
  • Lot Size Acres: 0.17
  • Subdivision Name: BILTMORE MANOR
  • Structure Type: Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 1032.0

Exterior Features

  • Fencing: Other, See Remarks
  • Disclosures: Other (See Remarks)
  • Construction Type: Frame - Wood
  • Roof: See Remarks
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Parking Features: Paved Parking
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Water Source: Other, See Remarks
  • Main Cooling Other: Yes

Lot Info

  • Lot Size Sq Ft: 7500.0
  • Parcel #: 119-16-124
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 27864.0

Tax Info

  • Tax Annual Amount: 2017.0
  • Tax Book Number: 119.00
  • Tax Lot: 19
  • Tax Map Number: 16.00

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
Mar 6, 2019
Closed on
Mar 6, 2019
Sold by
Bought by
Seller's Agent
Tanner Milne
The Menlo Group Commercial Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$400,000
Sold Price
$365,000
Premium/Discount to List
-$35,000
-8.75%
Current Estimated Value
$602,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,671
Avg. Annual Appreciation
7.11%

Purchase Details

Closed on
Oct 31, 2018
Sold by
Bought by

Purchase Details

Closed on
Mar 1, 2018
Sold by
Bought by

Purchase Details

Closed on
Aug 22, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 10, 2012
Sold by
Bought by
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

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
$365,000 Commonwealth Title
-- Commonwealth Land Title Insu
$365,000 Commonwealth Land Title Insu
$145,000 None Available
-- None Available
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 $328,000
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
03/06/2019 03/06/19 Sold $365,000 0.0% $354 / Sq Ft
02/06/2019 02/06/19 Off Market $365,000 -- --
12/04/2018 12/04/18 For Sale $400,000 -- $388 / 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 $2,632 $19,485 -- --
2024 $2,660 $19,137 -- --
2023 $2,660 $53,618 $29,342 $24,276
2022 $2,631 $49,141 $26,198 $22,943
2021 $2,772 $50,436 $26,946 $23,490
2020 $2,705 $46,638 $25,632 $21,006
2019 $2,686 $42,012 $23,688 $18,324
2018 $2,630 $28,656 $18,468 $10,188
2017 $2,529 $17,604 $8,280 $9,324
2016 $2,431 $14,130 $6,354 $7,776
2015 $2,397 $14,264 $7,937 $6,327
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Tanner Milne

    The Menlo Group Commercial Real Estate

    Section Image

  • N

    Buyer's Agent in 2019

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5853790

Arizona Regional Multiple Listing Service (ARMLS)

APN: 119-16-124

Arizona Maricopa County Phoenix 85008 Camelback East Village

2546 E Thomas Rd, Phoenix, AZ

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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