NOT LISTED FOR SALE

2701 N 16th St Unit 108 Phoenix, AZ 85006

Estimated Value: $871,981

-- Bed
-- Bath
5,124 Sq Ft
5,227 Sq Ft Lot

Last Sold June 30, 2021

Last sale price $621,000 $121 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,643/month

148 Days on Market

Highlights

  • Central Air
  • Carpet
  • 5-minute walk to Virginia Park
  • Phoenix Coding Academy Rated A

About This Home

As of June 2021

Single level office condo positions for owner-user with income potential as well from an existing long term tenant. The condominium is currently divided into two suites, but due to configuration and multiple entrances, could also be configured into three suites. Cambridge court is ideal for many professional, medical, dental and non-profit uses.

Last Agent to Sell the Property

Thomas Wolf

West USA Realty License #SA625936000 Listed on: 06/03/2020

West USA Realty

Last Buyer's Agent

Ronald Schmidt

West USA Realty License #SA671980000

West USA Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,427

Year Built

  • Built in 1982

Lot Details

  • 5,227

Home Design

  • Brick Exterior Construction
  • Block Exterior

Interior Spaces

  • 5,124 Sq Ft Home
  • Carpet

Parking

  • 6 Covered Spaces
  • Free Parking
  • Paved Parking

Utilities

  • Central Air

Community Details

  • Cambridge Court Office Condominium Subdivision
  • Gross Income $18,000

Listing and Financial Details

  • Tax Lot 108
  • Assessor Parcel Number 117-04-109

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,427

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Cross Street: Thomas and 16th St
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C1
  • Number Of Buildings: 1
  • Ownership: Condominium
  • Year Built: 1982
  • Tax Year: 2019
  • Directions: South on 16th, building on east side of 16th.
  • Lot Size Acres: 0.12
  • Subdivision Name: CAMBRIDGE COURT OFFICE CONDOMINIUM
  • Structure Type: Commercial, Office
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet
  • Living Area: 5124.0

Exterior Features

  • Construction Type: Block, Brick
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Parking Features: Paved Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 26.0
  • General Property Description:Covered Parking Spcs: 6.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 26.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Water Source: None
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 5124.0
  • Parcel #: 117-04-109
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Gross Income: 18000.0

Tax Info

  • Tax Book Number: 117.00
  • Tax Lot: 108
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Aug 17, 2021
Sold by
Nyirakanyana Aimee
Bought by
Deborah Ministries
Seller's Agent
Thomas Wolf
West USA Realty
Buyer's Agent
Ronald Schmidt
West USA Realty
List Price
$699,000
Sold Price
$621,000
Premium/Discount to List
-$78,000
-11.16%
Current Estimated Value
$871,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,981
Avg. Annual Appreciation
4.50%
Original Mortgage
$404,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 3, 2020
Closed on
Jun 28, 2021
Sold by
Phoenix Girls Chorus Inc
Bought by
Nyirakanyana Aimee
Seller's Agent
Thomas Wolf
West USA Realty
Buyer's Agent
Ronald Schmidt
West USA Realty
List Price
$699,000
Sold Price
$621,000
Premium/Discount to List
-$78,000
-11.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 3, 2020
Closed on
Jun 22, 2021
Sold by
Felix Mbonimpa
Bought by
Nyirakanyana Aimee
Seller's Agent
Thomas Wolf
West USA Realty
Buyer's Agent
Ronald Schmidt
West USA Realty
List Price
$699,000
Sold Price
$621,000
Premium/Discount to List
-$78,000
-11.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 2, 2007
Sold by
Cambridge 16 Llc
Bought by
Phoenix Girls Chorus Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.21%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Deborah Ministries -- None Available
Nyirakanyana Aimee $621,000 Empire West Title Agency Llc
Nyirakanyana Aimee -- Empire West Title Agency Llc
Phoenix Girls Chorus Inc $835,395 Stewart Title & Trust Of Pho
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nyirakanyana Aimee $404,000
Previous Owner Phoenix Girls Chorus Inc $507,000
Previous Owner Phoenix Girls Chorus Inc $414,000
Previous Owner Phoenix Girls Chorus Inc $440,000
Previous Owner Phoenix Girls Chorus Inc $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $621,000 +0.2% $121 / Sq Ft
05/13/2021 05/13/21 Price Changed $620,000 -8.1% $121 / Sq Ft
03/24/2021 03/24/21 Price Changed $675,000 -1.5% $132 / Sq Ft
03/17/2021 03/17/21 Price Changed $685,000 -2.0% $134 / Sq Ft
12/24/2020 12/24/20 For Sale $699,000 0.0% $136 / Sq Ft
12/24/2020 12/24/20 Price Changed $699,000 0.0% $136 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
10/15/2020 10/15/20 Price Changed $699,000 -9.8% $136 / Sq Ft
06/01/2020 06/01/20 For Sale $775,000 -- $151 / 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 $10,427 $80,198 -- --
2024 $10,306 $76,379 -- --
2023 $10,306 $92,340 $17,955 $74,385
2022 $9,901 $80,325 $12,630 $67,695
2021 $10,143 $80,265 $12,630 $67,635
2020 $0 $79,665 $11,355 $68,310
2019 $0 $75,735 $8,310 $67,425
2018 $9,624 $73,410 $7,695 $65,715
2017 $1,665 $63,555 $8,010 $55,545
2016 $1,601 $60,660 $7,485 $53,175
2015 $1,589 $56,208 $7,808 $48,400
Source: Public Records

Agents Affiliated with this Home

  • Thomas Wolf

    Seller's Agent in 2021

    Thomas Wolf

    West USA Realty

    (602) 332-5507

    84 Total Sales

    Section Image
  • Ronald Schmidt

    Buyer's Agent in 2021

    Ronald Schmidt

    West USA Realty

    (805) 458-6735

    39 Total Sales

    Section Image

  • R

    Buyer's Agent in 2021

    Ron Schmidt

    HomeSmart

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6086032

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-04-109

Arizona Maricopa County Phoenix 85006

2701 N 16th St Unit 108, Phoenix, AZ

This home is located at 2701 N 16th St Unit 108, Phoenix, AZ 85006 since 03 June 2020 and is currently estimated at $871,981, approximately $170 per square foot. This property was built in 1982. 2701 N 16th St Unit 108 is a home located in Maricopa County with nearby schools including Loma Linda Elementary School, North High School, and Phoenix Coding Academy.

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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