Seller's Agent in 2024
Rick Padelford
Realty Executives
(602) 690-9120
1 in this area
21 Total Sales
261 E University Dr Phoenix, AZ 85004
Central City NeighborhoodEstimated Value: $8,788,978
Studio
--
Bath
45,907
Sq Ft
$191/Sq Ft
Est. Value
Highlights
- 3.47 Acre Lot
- Cooling System Mounted To A Wall/Window
- Heating Available
- Phoenix Coding Academy Rated A
- Concrete Flooring
About This Home
As of September 2024BACK ON THE MARKET 2/26/24 - Great location just south of downtown Phoenix ** Former manufacturing facility with lots of power (2,000 amp PLUS 1,200 amp) ** Eight dock high doors and three grade level roll-ups (two 12 ft and one 14 ft) ** Small office/kitchenette ** Storage shed plus two covered sheds **
Last Agent to Sell the Property
Realty Executives Arizona Territory License #SA030962000 Listed on: 08/20/2024
Last Buyer's Agent
Non-MLS Agent
Non-MLS Office
Property Details
Property Type
- Other
Est. Annual Taxes
- $34,382
Year Built
- Built in 1979
Lot Details
- 3.47 Acre Lot
- Chain Link Fence
- Property is zoned L-1, A-1
Home Design
- Metal Siding
Interior Spaces
- 45,907 Sq Ft Home
- Concrete Flooring
Parking
- 25 Parking Spaces
- 25 Covered Spaces
- Private Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 112-42-217
Community Details
Overview
- 4 Buildings
- Building Dimensions are irregular
- Trendwood Incorporated Subdivision
Building Details
- Operating Expense $34,382
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
Closed on
Sep 19, 2025
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Aug 20, 2024
Closed on
Sep 9, 2024
Sold by
Bought by
Seller's Agent
Rick Padelford
Realty Executives Arizona Territory
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$7,500,000
Sold Price
$5,287,500
Premium/Discount to List
-$2,212,500
-29.5%
Views
62
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.21%
Original Mortgage
$4,875,000
Interest Rate
0.0647%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $8,685,885 | Stewart Title & Trust Of Phoen | ||
| $5,287,500 | Chicago Title Agency |
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 | $4,875,000 | ||
| Previous Owner | $500,000 | ||
| Previous Owner | $1,500,000 | ||
| Previous Owner | $1,624,000 |
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 |
|---|---|---|---|---|
| 09/17/2024 09/17/24 | Sold | $5,287,500 | -18.7% | $115 / Sq Ft |
| 08/20/2024 08/20/24 | Price Changed | $6,500,000 | 0.0% | $142 / Sq Ft |
| 06/18/2024 06/18/24 | Pending | -- | -- | -- |
| 06/17/2024 06/17/24 | Pending | -- | -- | -- |
| 05/22/2024 05/22/24 | Price Changed | $6,500,000 | -13.3% | $142 / Sq Ft |
| 04/25/2024 04/25/24 | For Sale | $7,500,000 | 0.0% | $163 / Sq Ft |
| 03/13/2024 03/13/24 | Pending | -- | -- | -- |
| 02/27/2024 02/27/24 | For Sale | $7,500,000 | 0.0% | $163 / Sq Ft |
| 01/10/2024 01/10/24 | Pending | -- | -- | -- |
| 12/05/2023 12/05/23 | For Sale | $7,500,000 | -- | $163 / 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 | $34,710 | $244,346 | ||
| 2024 | $34,382 | $239,983 | ||
| 2023 | $34,382 | $589,220 | $191,522 | $397,698 |
| 2022 | $34,136 | $440,248 | $124,985 | $315,263 |
| 2021 | $34,846 | $459,396 | $128,556 | $330,840 |
| 2020 | $35,249 | $426,924 | $105,876 | $321,048 |
| 2019 | $35,191 | $374,886 | $76,122 | $298,764 |
| 2018 | $34,591 | $300,708 | $70,488 | $230,220 |
| 2017 | $33,786 | $286,884 | $73,422 | $213,462 |
| 2016 | $32,818 | $194,328 | $68,616 | $125,712 |
| 2015 | $31,210 | $203,575 | $65,916 | $137,659 |
Source: Public Records
Agents Affiliated with this Home
-
Rick Padelford
-
N
Buyer's Agent in 2024
Non-MLS Agent
Non-MLS Office
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6636923
APN: 112-42-217
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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