$120,000
SOLD MAR 25, 2016

2701 E Thomas Rd Unit A Phoenix, AZ 85016

Camelback East Village Neighborhood
-- Bed
-- Bath
1,646 Sq Ft
1,506 Sq Ft Lot

Recently Sold

$73 Per Sq Ft

25% Below List Price

305 Days on Market

Highlights

  • Central Air
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of January 2018

SIGNIFICANT PRICE REDUCTION! OWNER WANTS SOLD!
Office condo for sale in Thomas Plaza. This suite consists of 4 offices, a reception room, a conference room and 2 bathrooms.

Last Agent to Sell the Property

Pete Baldwin

Platinum Realty Network License #BR537748000 Listed on: 05/25/2015

Last Buyer's Agent

Claudia Lopez

HomeSmart License #SA579562000

HomeSmart

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,860

Year Built

  • Built in 1975

Lot Details

  • 1,506 Sq Ft Lot
  • Property is zoned C3

Home Design

  • 1,646 Sq Ft Home
  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Utilities

  • Central Air
  • Heating Available
  • Septic Tank

Community Details

  • Thomas Plaza Subdivision
  • Operating Expense $1,860

Listing and Financial Details

  • Tax Lot 01
  • Assessor Parcel Number 120-34-057

Property Details

Property Type

Other

Est. Annual Taxes

$1,860

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C3
  • Number Of Buildings: 1
  • Year Built: 1975
  • Tax Year: 2012
  • Directions: Located on the southeast corner of Thomas Road and 27th St. with prime Thomas Road frontage.
  • Lot Size Acres: 0.03
  • Subdivision Name: THOMAS PLAZA
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: None
  • Construction Type: Frame - Wood, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Central A/C
  • Heating: Electric
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Lot Info

  • Lot Size Sq Ft: 1506.0
  • Additional Parcels: No
  • Parcel #: 120-34-057
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 1860.0

Tax Info

  • Tax Annual Amount: 1860.0
  • Tax Book Number: 120.00
  • Tax Lot: 01
  • Tax Map Number: 34.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2017
Closed on
Jan 16, 2018
Sold by
Ray A Ybarra Maldonado Plc
Bought by
St Somewhere Else Llc
Seller's Agent
Claudia Lopez
HomeSmart
Buyer's Agent
David Benton
AXIS Real Estate
List Price
$155,000
Sold Price
$142,500
Premium/Discount to List
-$12,500
-8.06%
Current Estimated Value
$247,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,339
Avg. Annual Appreciation
7.63%

Purchase Details

Listed on
May 25, 2015
Closed on
Mar 2, 2016
Sold by
Purdy Forrest and Purdy Janice
Bought by
Law Office Of Ray A Ybarra Maldonado Plc
Seller's Agent
Pete Baldwin
Platinum Realty Network
Buyer's Agent
Claudia Lopez
HomeSmart
List Price
$160,000
Sold Price
$120,000
Premium/Discount to List
-$40,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.96%
Original Mortgage
$96,125
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 24, 2010
Sold by
Medina Hector and Medina Maria Elena
Bought by
Purdy Forrest and Purdy Janice

Purchase Details

Closed on
May 24, 2006
Sold by
Medina Hector
Bought by
Medina Hector and Medina Maria Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.56%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 3, 1999
Sold by
Mcree William C and Mcree Barbara A
Bought by
Medina Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,200
Interest Rate
8.09%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Special Warranty Deed $142,500 Dhi Title Agency
Special Warranty Deed $120,000 Pioneer Title Agency Inc
Trustee Deed $165,000 Title Management Agency Of A
Interfamily Deed Transfer -- North American Title Co
Warranty Deed $95,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $96,125 Commercial
Previous Owner $50,000 Credit Line Revolving
Previous Owner $195,000 Commercial
Previous Owner $84,200 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2018 01/16/18 Sold $142,500 -8.1% $87 / Sq Ft
11/19/2017 11/19/17 Pending -- -- --
11/13/2017 11/13/17 For Sale $155,000 +29.2% $94 / Sq Ft
03/25/2016 03/25/16 Sold $120,000 -25.0% $73 / Sq Ft
03/15/2016 03/15/16 Pending -- -- --
05/15/2015 05/15/15 For Sale $160,000 -- $97 / 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 $2,017 $15,042 -- --
2024 $2,054 $14,773 -- --
2023 $2,054 $24,854 $4,964 $19,890
2022 $2,031 $22,103 $4,410 $17,693
2021 $2,140 $21,456 $4,284 $17,172
2020 $2,088 $19,458 $3,888 $15,570
2019 $2,073 $18,684 $3,726 $14,958
2018 $2,031 $16,686 $3,330 $13,356
2017 $1,952 $20,142 $4,032 $16,110
2016 $1,877 $10,908 $2,178 $8,730
2015 $1,871 $11,840 $2,368 $9,472
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Claudia Lopez

    HomeSmart

    (602) 230-7600

    6 Total Sales

    Claudia Lopez
    Section Image
  • David Benton

    Buyer's Agent in 2018

    David Benton

    AXIS Real Estate

    (602) 478-6117

    11 in this area

    35 Total Sales

    David Benton
    Section Image
  • Pete Baldwin

    Seller's Agent in 2016

    Pete Baldwin

    Platinum Realty Network

    (480) 326-6521

    1 in this area

    42 Total Sales

    Pete Baldwin
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5284791

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-34-057

Arizona Maricopa County Phoenix 85008 Camelback East Village

2701 E Thomas Rd Unit A, Phoenix, AZ

This home is located at 2701 E Thomas Rd Unit A, Phoenix, AZ 85016 and is currently priced at $120,000, approximately $72 per square foot. This property was built in 1975. 2701 E Thomas Rd Unit A is a home located in Maricopa County with nearby schools including Camelback High School, Phoenix Coding Academy, and Career Success Schools - Sage Campus.

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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