NOT LISTED FOR SALE

2801 E Camelback Rd Phoenix, AZ 85016

Camelback East Village Neighborhood

Estimated Value: $67,803,380

-- Bed
-- Bath
96,000 Sq Ft
$706/Sq Ft Est. Value

Last Sold January 24, 2019

Last sale price $3,600,393 $38 Per Sq Ft

Est. 1,783% increase in value since last sale

Current estimated payment $425,106/month

24 Days on Market

Highlights

  • 2.21 Acre Lot
  • ENERGY STAR Qualified Equipment for Heating
  • Concrete Flooring
  • Phoenix Coding Academy Rated A

About This Home

As of January 2019

New Office space on Camelback & 28th St

Last Listed By

Karl Tunberg

Citiea License #BR014015000 Listed on: 01/25/2019

Citiea

Property Details

Property Type

  • Other

Year Built

  • 2017

Lot Details

  • 2.21 Acre Lot
  • Property is zoned [C-O]

Home Design

  • Tilt Up Walls
  • Foam Roof

Parking

  • 200 Open Parking Spaces
  • 600 Parking Spaces
  • 400 Covered Spaces

Additional Features

  • Concrete Flooring
  • ENERGY STAR Qualified Equipment for Heating

Community Details

  • 2 Buildings
  • Gibraltar Estates Plat 4 Subdivision

Listing and Financial Details

  • Property Available on 1/1/19
  • Assessor Parcel Number 163-14-067-D

Property Details

Property Type

Other

Year Built

2017

Lot Details

0

Listing Details

  • Cross Street: 28th St & Camelback
  • Property Type: Comm/Industry Lease
  • Zoning: [C-O]
  • Current Use: Office
  • Number Of Buildings: 2
  • Lease Info Annual C A M Sq Ft: 19.0
  • Lease Info Annual Exp Stop Sq Ft: 9.8
  • Lease Info Annual Lease Price: 730800.0
  • Lease Info Annual Lse Prc P S F: 56.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 7
  • Lease Info Space Divisible: Yes
  • Lease Info Suite Size Avail Max: 12600
  • Tax Year: 2017
  • Directions: 28th St & Camelback
  • Lot Size Acres: 2.21
  • Subdivision Name: GIBRALTAR ESTATES PLAT 4
  • Structure Type: Office, Other (See Remarks)
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: Other
  • Year Built (Public Record): 2017

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Other, See Remarks
  • Disclosures: Other (See Remarks)
  • Construction Type: Tilt-Up
  • Roof: Foam
  • Construction:Tilt-Up: Yes

Garage/Parking

  • Total Covered Spaces: 400.0
  • Open Parking Spaces: 200.0
  • Total Parking Spaces: 600.0
  • General Property Description:Covered Parking Spcs: 400.0
  • General Property Description:Uncvrd Parking Spcs: 200.0
  • General Property Description:Total Parking Spcs: 600.0
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Office A/C, ENERGY STAR Qualified Equipment
  • Heating: ENERGY STAR Qualified Equipment
  • Green Building Features: Other (See Remarks)
  • Heating:ENERGY STAR Qualified Equipment: Yes

Association/Amenities

  • Amenities:Other (See Remarks)32: Yes

Lot Info

  • Lot Size Sq Ft: 96430.0
  • Additional Parcels: No
  • Parcel #: 163-14-067-D
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2019-01-01

Multi Family

  • Leasable Area: 12600.0

Tax Info

  • Tax Annual Amount: 93006.0
  • Tax Book Number: 163.00
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2022
Sold by
Hl Camelback Office Llc
Bought by
Hf1-D Phoenix 2207 Llc
Total Days on Market
24
Current Estimated Value
$67,803,380

Range of Values:

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Average Value
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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
Hf1-D Phoenix 2207 Llc $66,350,000 Thomas Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hl Camelback Office Llc $31,525,000
Previous Owner Daily Double Llc $2,771,468
Closed Hf1-D Phoenix 2207 Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2019 01/24/19 Sold $3,600,393 +6238.7% $38 / Sq Ft
01/24/2019 01/24/19 Pending -- -- --
12/31/2018 12/31/18 For Sale $56,800 -- $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 $568,707 $4,440,140 -- --
2024 $570,252 $4,360,852 -- --
2023 $570,252 $6,257,088 $821,355 $5,435,733
2022 $569,520 $5,746,773 $681,818 $5,064,955
2021 $477,017 $4,599,864 $731,772 $3,868,092
2020 $469,589 $4,328,388 $533,592 $3,794,796
2019 $375,214 $3,193,092 $508,194 $2,684,898
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Karl Tunberg

    Citiea

    (480) 369-5130

    13 in this area

    355 Total Sales

    Karl Tunberg
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5873014

Arizona Regional Multiple Listing Service (ARMLS)

APN: 163-14-074

Arizona Maricopa County Phoenix 85016 Camelback East Village

2801 E Camelback Rd, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 2801 E Camelback Rd, Phoenix, AZ 85016 since 25 January 2019 and is currently estimated at $67,803,380, approximately $706 per square foot. This property was built in 2017. 2801 E Camelback Rd is a home located in Maricopa County with nearby schools including Madison Camelview Elementary, Camelback 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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