NOT LISTED FOR SALE

255 E Osborn Rd Unit 103 Phoenix, AZ 85012

Midtown Phoenix Neighborhood

Estimated Value: $8,934,894

Studio
-- Bath
1,200 Sq Ft
$7,446/Sq Ft Est. Value

Last Sold October 07, 2015

Last sale price $1,495 $1 Per Sq Ft

Est. 597,552% increase in value since last sale

Current estimated payment $51,652/month

99 Days on Market

Highlights

  • Community Kitchen
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Central Air

About This Home

As of October 2015

First floor office suite, key code entrance into a beautiful luxury lobby in the AAR Building. The floor plan can be flexible to accommodate 1200-1500 square feet. Three spacious offices, receptionist/lobby area. Limited parking available.

Last Agent to Sell the Property

Patricia Wodrich

HomeSmart License #SA539797000 Listed on: 06/18/2015

Co-Listed By

Alana Holley

Preserve Property Management LLC License #BR580936000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Lot Details

  • Property is zoned C-1

Home Design

  • 1,200 Sq Ft Home
  • Foam Roof
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 25 Open Parking Spaces
  • 26 Parking Spaces
  • 1 Covered Space
  • Private Parking
  • Free Parking

Utilities

  • Central Air
  • Heating Available

Community Details

  • Community Kitchen
  • Meeting Room

Listing and Financial Details

  • Property Available on 6/18/15
  • The owner pays for management, taxes, exterior maintenance, common area maintenance, janitorial service, fire insurance, trash collection, bldg liability ins, glass insurance, sewer, water, electricity
  • Assessor Parcel Number 118-34-037-A

Property Details

Property Type

Other

Lot Details

0

Listing Details

  • Cross Street: 3rd Street & Osborn Road
  • Property Type: Comm/Industry Lease
  • Zoning: C-1
  • Lease Info Annual Lease Price: 16200.0
  • Lease Info Annual Lse Prc P S F: 13.5
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 3-5
  • Lease Info Space Divisible: No
  • Lease Info Suite Floor Location: 1
  • Tax Year: 2014
  • Co List Office Mls Id: ppml001
  • Co List Office Phone: 480-361-2706
  • Structure Type: Office
  • Tax Parcel Letter: A
  • Cooling:Central Air: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1200.0

Exterior Features

  • Disclosures: None
  • Construction Type: Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Free, Private
  • Attached Garage: No
  • Open Parking Spaces: 25.0
  • Total Parking Spaces: 26.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 25.0
  • General Property Description:Total Parking Spcs: 26.0
  • Parking Features Free2: Yes
  • Parking Features Private11: Yes

Utilities

  • Electric: APS
  • Cooling: Central Air
  • Heating: Electric
  • Green Building Features: Conference Room, Kitchen
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Conference Room: Yes

Lot Info

  • Additional Parcels: No
  • Parcel #: 118-34-037-A

Rental Info

  • Available Date: 2015-06-18

Multi Family

  • Owner Pays: Management, Taxes, Exterior Maintenance, Common Area Maintenance, Janitorial Service, Fire Insurance, Trash Collection, Bldg Liability Ins, Glass Insurance, Sewer, Water, Electricity
  • Existing Lease Type: Full Service
  • Leasable Area: 1200.0

Tax Info

  • Tax Annual Amount: 50237.0
  • Tax Book Number: 118.00
  • Tax Map Number: 34.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 1999
Sold by
Timm Investments Llc
Bought by
Arizona Assn Of Realtors
Current Estimated Value
$8,934,894

Purchase Details

Closed on
Dec 5, 1997
Sold by
Drasler Properties Llc
Bought by
Timm 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
$1,160,000
Interest Rate
7.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 25, 1995
Sold by
Drasler Thomas J and Drasler Marie E
Bought by
Drasler Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 13, 1995
Sold by
Bcc Development Inc
Bought by
Drasler Thomas J and Drasler Marie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 4, 1995
Sold by
Drasler Deborah Ann
Bought by
Drasler Thomas Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 6, 1995
Sold by
Baxter William
Bought by
Baxter Maryellen
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

Date Buyer Sale Price Title Company
Arizona Assn Of Realtors $2,450,000 --
Timm Investments Llc $1,550,000 Stewart Title & Trust
Drasler Properties Llc -- First American Title
Drasler Thomas J $1,075,000 First American Title
Drasler Thomas Lee -- First American Title
Baxter Maryellen -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Timm Investments Llc $1,160,000
Previous Owner Drasler Properties Llc $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2015 10/07/15 Sold $1,495 +10.3% $1 / Sq Ft
09/25/2015 09/25/15 Pending -- -- --
06/18/2015 06/18/15 For Sale $1,356 -- $1 / 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 $64,724 $498,414 -- --
2024 $64,198 $489,514 -- --
2023 $64,198 $1,129,514 $586,381 $543,133
2022 $65,719 $742,998 $381,098 $361,900
2021 $68,744 $754,020 $391,986 $362,034
2020 $67,005 $732,942 $375,408 $357,534
2019 $64,097 $684,648 $350,856 $333,792
2018 $61,976 $424,152 $132,570 $291,582
2017 $56,898 $412,128 $138,096 $274,032
2016 $54,890 $398,718 $125,550 $273,168
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Patricia Wodrich

    HomeSmart

  • Alana Holley

    Seller Co-Listing Agent in 2015

    Alana Holley

    Preserve Property Management LLC

    (480) 361-2706

    1 in this area

    3 Total Sales

    Alana Holley
    Section Image

  • N

    Buyer's Agent in 2015

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5295780

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-34-037A

Arizona Maricopa County Phoenix 85012 Midtown Phoenix

255 E Osborn Rd Unit 103, 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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