$805,000
SOLD NOV 26, 2024
-- Bed
-- Bath
5,312 Sq Ft
0.42 Acres

Recently Sold

$152 Per Sq Ft

1% Above List Price

3 Days on Market

About This Home

As of November 2024

South of the SEC of 48th Street & Thomas Road
±5,312 Total SF Consisting of: ±2,122 Stand-alone
Vacant Building and ±3,190 SF Multi-Tenant,
Separately Metered Office Building with 5 Suites with
Month-to-Month Tenants in Place
Covered Parking
Office & Retail Use
Frontage on N 48th Street
Roof Recoated Last Five Years
Zoning: R-5, City of Phoenix
Lot Size: ±18,434 SF
1.1 Miles from SR143 and Loop 202

Last Agent to Sell the Property

Jim Lieberthal

Cutler Commercial License #BR516852000 Listed on: 10/21/2024

Last Buyer's Agent

Jim Lieberthal

Cutler Commercial License #BR516852000 Listed on: 10/21/2024

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $10,850

Year Built

  • Built in 1960

Lot Details

  • 0.42 Acre Lot
  • Property is zoned R-5

Home Design

  • 5,312 Sq Ft Home

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Community Details

  • 2 Buildings
  • Orangedale Tract 1,2, & 7,8 Subdivision

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 126-14-026

Property Details

Property Type

Other

Est. Annual Taxes

$10,850

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: R-5
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2024
  • Lot Size Acres: 0.42
  • Road Surface Type: Sidewalk(s)
  • Subdivision Name: ORANGEDALE TRACT 1,2, & 7,8
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 5312.0

Exterior Features

  • Fencing: Other
  • Disclosures: Other (See Remarks)
  • Construction Type: See Remarks
  • Roof: See Remarks
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: Other (See Remarks)
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other
  • Heating: Other
  • Green Building Features: Other (See Remarks)
  • Water Source: Other
  • Main Cooling Other: Yes

Association/Amenities

  • Amenities:Other (See Remarks)32: Yes

Lot Info

  • Lot Size Sq Ft: 18434.0
  • Parcel #: 126-14-026
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 10850.0
  • Tax Book Number: 126.00
  • Tax Lot: 32
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2024
Closed on
Nov 25, 2024
Sold by
Eire Holdings and Eire Holdings Llc
Bought by
2823 48Th Street Llc
Seller's Agent
Jim Lieberthal
Cutler Commercial
Buyer's Agent
Jim Lieberthal
Cutler Commercial
List Price
$795,000
Sold Price
$805,000
Premium/Discount to List
$10,000
1.26%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.71%

Purchase Details

Closed on
Apr 5, 1999
Sold by
Hetherington James and Hetherington Theresa
Bought by
Eire Holdings

Purchase Details

Closed on
Nov 22, 1996
Sold by
Dobben Louis B and Dobben Ruth
Bought by
Hetherington James M and Hetherington Theresa C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
7.91%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 20, 1995
Sold by
Martin Scot E and Martin Lida K
Bought by
Dobben Louis B and Dobben Ruth

Purchase Details

Closed on
Aug 7, 1995
Sold by
Dobben Louis B and Dobben Ruth
Bought by
Martin Scot E and Martin Lida K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.63%
Mortgage Type
Seller Take Back
Source: Public Records

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 Type Sale Price Title Company
Special Warranty Deed $805,000 Landmark Title
Quit Claim Deed -- --
Joint Tenancy Deed $210,000 Fidelity Title
Warranty Deed $205,000 Stewart Title & Trust
Warranty Deed $205,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $185,000 Seller Take Back
Previous Owner $170,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Price Changed $1,100,000 -8.3% $659 / Sq Ft
04/14/2025 04/14/25 For Sale $1,200,000 +49.1% $719 / Sq Ft
11/26/2024 11/26/24 Sold $805,000 +1.3% $152 / Sq Ft
10/21/2024 10/21/24 For Sale $795,000 -- $150 / 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 $10,850 $87,607 -- --
2024 $11,073 $86,043 -- --
2023 $11,073 $122,808 $83,470 $39,338
2022 $10,989 $125,546 $80,273 $45,273
2021 $11,491 $119,790 $82,566 $37,224
2020 $11,279 $103,968 $71,028 $32,940
2019 $11,236 $81,810 $67,644 $14,166
2018 $10,584 $78,120 $60,588 $17,532
2017 $10,138 $66,708 $54,810 $11,898
2016 $10,236 $66,078 $43,902 $22,176
2015 $9,875 $85,489 $40,922 $44,567
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6773957

Arizona Regional Multiple Listing Service (ARMLS)

APN: 126-14-026