NOT LISTED FOR SALE

2814 N 16th St Unit 2820-B Phoenix, AZ 85006

Coronado Neighborhood

Estimated Value: $718,200

-- Bed
-- Bath
8,865 Sq Ft
$81/Sq Ft Est. Value

Last Sold March 03, 2021

Last sale price $700 $0 Per Sq Ft

Est. 102,500% increase in value since last sale

Current estimated payment $4,014/month

275 Days on Market

Highlights

  • Central Air
  • Concrete Flooring
  • 5-minute walk to Virginia Park
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of March 2021

Coronado16 is a single story retail shopping center located in Phoenix, Arizona. The property is situated in a commercial area adjacent to Barrio Cafe and the Coronado Historic District. Full ingress and egress to 16th Street which provides access to State Route 51 (Piestewa Freeway), via Thomas Road, and Interstate 10. Coronado 16 is located in Phoenix's downtown-midtown-uptown urban core, near Phoenix Children's Hospital, Abrazo Arizona Heart Institute, Abrazo Arizona Heart Hospital, Banner - University Medical Center Phoenix, Barrow Neurological Institute, Carl T. Hayden VA Medical Center, Phoenix Indian Medical Center and St. Joseph's Hospital and Medical Center. Built in 1957 and renovated in 2018, Coronado16 combines midcentury modern charm and urban art with a great mix of tenants.

Last Agent to Sell the Property

Natan Jacobs

Vestis Group License #BR525576000 Listed on: 05/27/2020

Last Buyer's Agent

Natan Jacobs

Vestis Group License #BR525576000 Listed on: 05/27/2020

Property Details

Property Type

  • Other

Year Built

  • Built in 1957

Lot Details

  • 9,579 Sq Ft Lot
  • Property fronts an alley
  • Additional Parcels
  • Property is zoned C-2, Phoenix

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Foam Roof
  • Block Exterior

Interior Spaces

  • 8,865 Sq Ft Home
  • Concrete Flooring

Parking

  • 14 Open Parking Spaces
  • 14 Parking Spaces
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Community Details

  • 2 Buildings
  • Building Dimensions are 133.83 ft x 110.57 ft
  • Hinton Place Subdivision

Listing and Financial Details

  • Property Available on 5/27/20
  • Tenant pays for trash collection, electricity, contents insurance, janitorial service
  • The owner pays for management fees, property taxes, exterior maint, common area maintenance, fire insurance-bldg, water, electricity
  • Tax Lot 10
  • Assessor Parcel Number 117-20-028

Property Details

Property Type

Other

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Cross Street: 16th Street & Thomas Road
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Lease
  • Zoning: C-2, Phoenix
  • Number Of Buildings: 2
  • Lease Info Annual C A M Sq Ft: 4.0
  • Lease Info Annual Lease Price: 8400.0
  • Lease Info Annual Lse Prc P S F: 15.41
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 3-5
  • Lease Info Space Divisible: Yes
  • Lease Info Suite Size Avail Max: 545
  • Year Built: 1957
  • Tax Year: 2018
  • Directions: From 16th Street & Thomas Road, head south to 2816 N 16th St, on the SWC of 16th Street and Edgemont Drive.
  • Lot Size Acres: 0.22
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: HINTON PLACE
  • Structure Type: Commercial
  • Construction Brick: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 8865.0

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Frame - Wood, Block, Brick
  • Roof: Foam
  • Construction:Block: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Parking Features: Paved Parking
  • Attached Garage: No
  • Open Parking Spaces: 14.0
  • Total Parking Spaces: 14.0
  • General Property Description:Uncvrd Parking Spcs: 14.0
  • General Property Description:Total Parking Spcs: 14.0
  • Parking:Paved Parking: Yes

Utilities

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

Lot Info

  • Lot Size: 133.83 ft x 110.57 ft
  • Lot Size Sq Ft: 9579.0
  • Additional Parcels: Yes
  • Parcel #: 117-20-028
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2020-05-27

Multi Family

  • Owner Pays: Management Fees, Property Taxes, Exterior Maint, Common Area Maint, Fire Insurance-Bldg, Water, Electricity
  • Tenant Pays: See Remarks, Trash Collection, Electricity, Contents Insurance, Janitorial Service
  • Existing Lease Type: NNN, Deposit Required
  • Leasable Area: 545.0

Tax Info

  • Tax Annual Amount: 8714.0
  • Tax Book Number: 117.00
  • Tax Lot: 10
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2017
Sold by
Phillips Marda and The Marda Phillips Living Trus
Bought by
Mfmr1 Llc
Current Estimated Value
$718,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
5.25%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Mfmr1 Llc $375,000 Commonwealth Land Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mfmr1 Llc $730,000
Closed Mfmr1 Llc $475,000
Closed Mfmri Llc $413,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2021 03/03/21 Sold $700 0.0% $0 / Sq Ft
12/04/2020 12/04/20 Price Changed $700 -6.7% $0 / Sq Ft
05/27/2020 05/27/20 For Sale $750 -- $0 / 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 $2,664 $19,317 $19,317 --
2024 $2,718 $18,972 $18,972 --
2023 $2,718 $33,150 $33,150 $0
2022 $2,699 $23,363 $23,363 $0
2021 $2,755 $24,030 $24,030 $0
2020 $2,787 $22,140 $22,140 $0
2019 $2,782 $16,686 $16,686 $0
2018 $2,735 $15,444 $15,444 $0
2017 $2,866 $16,092 $16,092 $0
2016 $2,784 $15,030 $15,030 $0
2015 $2,716 $15,096 $15,096 $0
Source: Public Records

Agents Affiliated with this Home

  • Natan Jacobs

    Seller's Agent in 2021

    Natan Jacobs

    Vestis Group

    (480) 440-4403

    4 in this area

    29 Total Sales

    Natan Jacobs
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6083190

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-20-028

Arizona Maricopa County Phoenix 85006 Coronado

2814 N 16th St Unit 2820-B, Phoenix, AZ

This home is located at 2814 N 16th St Unit 2820-B, Phoenix, AZ 85006 since 27 May 2020 and is currently estimated at $718,200, approximately $81 per square foot. This property was built in 1957. 2814 N 16th St Unit 2820-B is a home located in Maricopa County with nearby schools including Whittier 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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