NOT LISTED FOR SALE

Estimated Value: $664,938

-- Bed
-- Bath
4,193 Sq Ft
$159/Sq Ft Est. Value

Last Sold February 04, 2015

Last sale price $330,000 $79 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $4,334/month

119 Days on Market

Highlights

  • Gated Community
  • 0.35 Acre Lot
  • Central Air
  • Phoenix Coding Academy Rated A
  • Display Windows
  • Security Fence

About This Home

As of February 2015

Excellent Investment Opportunity at a 7.8% Cap Rate when only 66% leased to a long standing tenant of over 20 years. Current NOI is +/- $24,850. Excellent Retail space with high traffic counts along Thomas Rd. Includes offices and contractor's yard that is available For Lease which will generate approximately $16,800-$19,200 in additional revenue.Contact Listing Agent for detailed Investment information! Buyer to verify all provided information.

Last Agent to Sell the Property

Eric Ferber

Cutler Commercial License #SA653578000 Listed on: 10/31/2014

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,682

Year Built

  • Built in 1979

Lot Details

  • 0.35 Acre Lot
  • Security Fence
  • Property is zoned C-2

Home Design

  • Brick Exterior Construction
  • Foam Roof

Interior Spaces

  • 4,193 Sq Ft Home
  • Display Windows
  • Concrete Flooring

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Community Details

  • 2 Buildings
  • Net Operating Income $24,850
  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 120-03-088

Property Details

Property Type

Other

Est. Annual Taxes

$7,682

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Cross Street: 36th St. & Thomas Rd
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Current Use: Mixed Use, Retail, Office, Warehouse, Bar
  • Number Of Buildings: 2
  • Year Built: 1979
  • Tax Year: 2013
  • Lot Size Acres: 0.35
  • Road Surface Type: Gravel, Dirt, Asphalt, Treated
  • Structure Type: Commercial, Industrial, Office, Manufacturing, Distribution/Warehse
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Security
  • Construction Type: Brick
  • Roof: See Remarks, Foam

Garage/Parking

  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Central A/C
  • Heating: Electric
  • Green Building Features: Security Gate, Display Window(s)
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Display Window(s): Yes
  • Amenities:Security Gate: Yes

Lot Info

  • Lot Size Sq Ft: 15246.0
  • Additional Parcels: No
  • Parcel #: 120-03-088
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 2485.0
  • Property Net Operating Income: 24850.0

Tax Info

  • Tax Annual Amount: 7682.0
  • Tax Book Number: 120.00
  • Tax Lot: 0
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2018
Sold by
Carroll Simone and Estate Of Catherine Carroll
Bought by
Carroll Simone
Current Estimated Value
$664,938

Purchase Details

Listed on
Oct 31, 2014
Closed on
Jan 28, 2015
Sold by
Divito Anthony and Divito Antonietta
Bought by
Carroll Catherine
Seller's Agent
Eric Ferber
Cutler Commercial
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$318,000
Sold Price
$330,000
Premium/Discount to List
$12,000
3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.98%
Original Mortgage
$280,000
Interest Rate
3.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 31, 1999
Sold by
Divito Anthony and Divito Antonietta
Bought by
Divito Anthony and Divito Antonietta

Purchase Details

Closed on
Aug 13, 1999
Sold by
Divito Antonietta
Bought by
Divito Anthony and Divito Antonietta
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Carroll Simone -- None Available
Carroll Catherine $300,000 Fidelity Natl Title Agency
Divito Anthony -- --
Divito Anthony -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carroll Catherine $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2015 02/04/15 Sold $330,000 +3.8% $79 / Sq Ft
01/28/2015 01/28/15 Pending -- -- --
10/01/2014 10/01/14 For Sale $318,000 -- $76 / 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 $9,701 $72,354 -- --
2024 $9,879 $71,062 -- --
2023 $9,879 $84,507 $47,243 $37,264
2022 $9,770 $78,523 $43,645 $34,878
2021 $10,295 $81,072 $44,892 $36,180
2020 $10,044 $80,478 $44,046 $36,432
2019 $9,973 $75,798 $40,698 $35,100
2018 $9,768 $66,330 $30,834 $35,496
2017 $9,391 $66,942 $30,834 $36,108
2016 $9,027 $59,922 $26,226 $33,696
2015 $8,631 $53,280 $21,978 $31,302
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5193372

Arizona Regional Multiple Listing Service (ARMLS)

APN: 120-03-088