Susan Bermudez
Simply Real Estate
(623) 432-8479
106 Total Sales
5 in Camelback East Village
$475K - $990K Price Range
2914 N 40th St Phoenix, AZ 85018
Camelback East Village NeighborhoodEstimated Value: $1,038,366
Studio
--
Baths
3,200
Sq Ft
$324/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Central Air
- Heating Available
- Phoenix Coding Academy Rated A
About This Home
As of September 2016Fully-Leased Neighborhood Retail Center situated along 40th Street; a north-south thoroughfare running through the Arcadia area of Phoenix, Arizona. Numerous re-development projects(commercial, multi-family and single-family) are in the immediate vicinity of property.This retail center is near numerous Valley hotspots,
including: The Vig, La Grande Orange, Postino' s Wine Bar, North Arcadia and Chelsea' s Kitchen. A Restaurant license is in place and building is fully operational to run as a restaurant;grease trap, hood, 3 sinks, water heater, 5-ton air conditioner (3 years old), 22 Parking spaces. Brand new bay windows and doors and new flooring. Restaurant Kitchen + partial remodeling worth $75,000. One mop sink + 2 floor sinks on both sides.
Building has 3 suites.
Last Agent to Sell the Property
LRA Real Estate Group, LLC License #BR529840000 Listed on: 05/13/2016
Last Buyer's Agent
Non-MLS Agent
Non-MLS Office
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Property Details
Property Type
- Other
Est. Annual Taxes
- $6,643
Year Built
- Built in 1959
Lot Details
- 12,796 Sq Ft Lot
- Property is zoned C-2
Home Design
- 3,200 Sq Ft Home
- Tilt Up
- Foam Roof
- Stucco
Flooring
- Wood
- Carpet
- Concrete
Parking
- 22 Open Parking Spaces
- 22 Parking Spaces
- Private Parking
- Free Parking
- Paved Parking
Utilities
- Central Air
- Heating Available
Community Details
- Operating Expense $6,643
Listing and Financial Details
- Tax Lot 169
- Assessor Parcel Number 127-21-060-A
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 24, 2025
Sold by
Nta Commercial Properties Llc
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Outstanding Balance
$615,750
Interest Rate
6.93%
Mortgage Type
Seller Take Back
Estimated Equity
$422,616
Purchase Details
Closed on
Mar 29, 2021
Sold by
H Cubed Phx One Llc
Bought by
Nta Commercial Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,700
Interest Rate
2.8%
Mortgage Type
Small Business Administration
Purchase Details
Listed on
May 13, 2016
Closed on
Sep 8, 2016
Sold by
Spazio Nostro Llc
Bought by
H Cubed Phx One Llc
Seller's Agent
Don Mortensen
LRA Real Estate Group, LLC
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$600,000
Sold Price
$580,000
Premium/Discount to List
-$20,000
-3.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%
Original Mortgage
$403,000
Interest Rate
3.48%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 31, 2008
Sold by
Sullivan Mark L and Sullivan Trust
Bought by
Sullivan Mark L and Sullivan Kathy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,000
Interest Rate
6.51%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Camelback East Village, AZ
-
Susan Bermudez
-
Emily Tyson
Emily Tyson
Compass
(844) 431-5524
53 Total Sales
2 in Camelback East Village
$820K - $900K Price Range
-
Pat Monahan
Pat Monahan
Citiea
(888) 614-7731
127 Total Sales
1 in Camelback East Village
$330,000 Price
-
Ashley Guyette
Ashley Guyette
The Agency
(623) 295-2156
22 Total Sales
2 in Camelback East Village
$535K - $898K Price Range
-
Jeffrey Armbruster
Jeffrey Armbruster
Russ Lyon Sotheby's International Realty
(520) 462-6386
62 Total Sales
1 in Camelback East Village
$425,000 Price
-
Deena Nickles
Deena Nickles
RE/MAX Premier
(602) 902-1569
17 Total Sales
1 in Camelback East Village
$353,500 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,025,000 | Pioneer Title Agency | ||
| Nta Commercial Properties Llc | $735,000 | Equity Title Agency Inc | |
| H Cubed Phx One Llc | $580,000 | Lawyers Title Of Arizona Inc | |
| Sullivan Mark L | -- | First American Title Ins Co | |
| Spazio Nostro Llc | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $625,000 | ||
| Previous Owner | Nta Commercial Properties Llc | $624,700 | |
| Previous Owner | H Cubed Phx One Llc | $403,000 | |
| Previous Owner | Spazio Nostro Llc | $531,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/09/2016 09/09/16 | Sold | $580,000 | -3.3% | $181 / Sq Ft |
| 05/27/2016 05/27/16 | Pending | -- | -- | -- |
| 05/13/2016 05/13/16 | For Sale | $600,000 | -- | $188 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $7,522 | $55,689 | ||
| 2024 | $7,604 | $54,694 | ||
| 2023 | $7,604 | $93,602 | $60,622 | $32,980 |
| 2022 | $7,520 | $87,745 | $57,295 | $30,450 |
| 2021 | $7,923 | $90,108 | $58,932 | $31,176 |
| 2020 | $7,730 | $81,468 | $49,914 | $31,554 |
| 2019 | $7,676 | $77,598 | $47,538 | $30,060 |
| 2018 | $7,518 | $72,720 | $42,876 | $29,844 |
| 2017 | $7,228 | $63,504 | $38,790 | $24,714 |
| 2016 | $6,948 | $57,924 | $35,064 | $22,860 |
| 2015 | $6,643 | $47,953 | $29,915 | $18,038 |
Source: Public Records
Agents Affiliated with this Home
-
Don Mortensen
Seller's Agent in 2016
Don Mortensen
LRA Real Estate Group, LLC
(480) 526-5644
7 in this area
110 Total Sales
-
N
Buyer's Agent in 2016
Non-MLS Agent
Non-MLS Office
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5442425
APN: 127-21-060A
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.
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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