NOT LISTED FOR SALE

Estimated Value: $401,785 - $495,000

Studio
2 Baths
1,255 Sq Ft
$355/Sq Ft Est. Value

Last Sold August 01, 2018

Last sale price $1,650 $1 Per Sq Ft

Est. 26,912% increase in value since last sale

Current estimated payment $2,493/month

267 Days on Market

About This Home

As of August 2018

Great Commercial Space In the Heart of Phoenix. 10,000+sq ft concrete storage yard w just over 1,200+sq ft office, house with 3 baths and 4+ office/ bedrooms. Frontage on Greenway. Call now!!! Great location to run a multitude of businesses. Plenty of parking in the front, RV Rolling Gate, slab storage, plenty of room for heavy deliveries.

Last Agent to Sell the Property

Patricia Cain

Ascend Realty License #BR536800000 Listed on: 10/17/2017

Last Buyer's Agent

Eloni Yawn

Cutler Commercial License #SA652872000

Property Details

Property Type

  • Other

Year Built

  • Built in 1960

Lot Details

  • Property is zoned C-2

Home Design

  • 1,255 Sq Ft Home
  • Composition Roof
  • Block Exterior

Flooring

  • Wood
  • Ceramic Tile

Parking

  • Private Parking
  • Paved Parking

Community Details

  • Townsend Terrace Replatted Subdivision

Listing and Financial Details

  • Property Available on 11/3/17
  • Tenant pays for trash collection, electricity, water, sewer, contents insurance, liability insurance, janitorial service, common area maintenance
  • The owner pays for management fees, property taxes, exterior maint
  • Tax Lot 17
  • Assessor Parcel Number 214-53-017-B

Property Details

Property Type

Other

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: 27th Street & Greenway
  • Property Type: Comm/Industry Lease
  • Zoning: C-2
  • Lease Info Annual Lease Price: 19800.0
  • Lease Info Annual Lse Prc P S F: 273.6
  • Lease Info Base Rent Escalation: No
  • Lease Info Lease Year Min Max: 1-5
  • Lease Info Space Divisible: No
  • Year Built: 1960
  • Tax Year: 2017
  • Subdivision Name: Townsend Terrace Replatted
  • Structure Type: Commercial
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Living Area: 1255.0

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, Private Parking
  • Attached Garage: No
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: Individual Meter
  • Cooling: Office A/C
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Additional Parcels: No
  • Parcel #: 214-53-017-B

Rental Info

  • Available Date: 2017-11-03

Multi Family

  • Owner Pays: Management Fees, Property Taxes, Exterior Maint
  • Tenant Pays: Trash Collection, Electricity, Water, Sewer, Contents Insurance, Liability Insurance, Janitorial Service, Common Area Maintenance
  • Existing Lease Type: Gross
  • Leasable Area: 1255.0

Tax Info

  • Tax Annual Amount: 1652.36
  • Tax Book Number: 214.00
  • Tax Lot: 17
  • Tax Map Number: 53.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2011
Sold by
Sm Management Inc
Bought by
Arizona Bank & Trust
Current Estimated Value
$445,696

Purchase Details

Closed on
Jun 8, 2011
Sold by
Sm Management Inc
Bought by
Arizona Bank & Trust

Purchase Details

Closed on
Apr 7, 1997
Sold by
S M Tile Inc and Mathis Kenneth Everett
Bought by
S M Management Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.56%

Purchase Details

Closed on
Apr 3, 1997
Sold by
Timmat Inc
Bought by
Steinhilpert Virginia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.56%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Arizona Bank & Trust -- Chicago Title Insurance Co
Arizona Bank & Trust $46,080 None Available
S M Management Inc -- First American Title
Steinhilpert Virginia M -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner S M Management Inc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2018 08/01/18 Sold $1,650 0.0% $1 / Sq Ft
07/11/2018 07/11/18 Pending -- -- --
10/17/2017 10/17/17 For Sale $1,650 +10.0% $1 / Sq Ft
05/04/2013 05/04/13 Sold $1,500 +57.9% $1 / Sq Ft View Prior Sale
04/24/2013 04/24/13 Pending -- -- --
06/21/2012 06/21/12 For Sale $950 -- $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 $1,940 $18,982 -- --
2024 $1,850 $18,078 -- --
2023 $1,850 $32,220 $6,440 $25,780
2022 $1,831 $24,030 $4,800 $19,230
2021 $1,837 $24,650 $4,930 $19,720
2020 $1,780 $23,000 $4,600 $18,400
2019 $1,782 $20,670 $4,130 $16,540
2018 $1,724 $18,550 $3,710 $14,840
2017 $1,652 $17,480 $3,490 $13,990
2016 $1,625 $16,100 $3,220 $12,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5675374

Arizona Regional Multiple Listing Service (ARMLS)

APN: 214-53-017F