NOT LISTED FOR SALE

2916 N 40th St Unit 1 Phoenix, AZ 85018

Camelback East Village Neighborhood
-- Bed
-- Bath
3,601 Sq Ft
1959 Built

Last Sold March 20, 2014

Last sale price $1,500 $0 Per Sq Ft

139 Days on Market

About This Home

As of March 2014

Turn Key Restaurant in Arcadia neighborhood. Numerous re-development projects (commercial, multi-family and single- family) are situated in the immediate vicinity of the subject 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 it's fully operational to run as a restaurant(grease trap,Hood,3 sinks, water heater, 5 ton air conditioning-3 years old) 22 Parking spaces. Brand new bay windows and doors back and front new flooring. Restaurant Kitchen + partial remodeling worth $75,000. One mop sink + 2 floor sinks on both sides.

Last Agent to Sell the Property

Don Mortensen

LRA Real Estate Group, LLC License #BR529840000 Listed on: 11/02/2013

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 1959

Home Design

  • Foam Roof
  • Stucco

Parking

  • 23 Open Parking Spaces
  • 23 Parking Spaces

Additional Features

  • Concrete Flooring
  • Property is zoned C-2

Community Details

  • Porter Estates 2 Subdivision

Listing and Financial Details

  • Property Available on 11/1/13
  • Tax Lot 169
  • Assessor Parcel Number 127-21-060-A

Property Details

Property Type

Other

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Cross Street: 40th St and Thomas
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Lease
  • Zoning: C-2
  • Current Use: Restaurant
  • Number Of Buildings: 1
  • Lease Info Annual Lease Price: 19200.0
  • Lease Info Annual Lse Prc P S F: 16.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 12 months
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 1200
  • Year Built: 1959
  • Tax Year: 2012
  • Directions: From Thomas head North on 40th Street, property is located on West side of 40th St.
  • Subdivision Name: Porter Estates 2
  • Structure Type: Commercial
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Disclosures: None
  • Construction Type: Stucco
  • Roof: Foam
  • Construction:Stucco2: Yes

Garage/Parking

  • Open Parking Spaces: 23.0
  • Total Parking Spaces: 23.0
  • General Property Description:Uncvrd Parking Spcs: 23.0
  • General Property Description:Total Parking Spcs: 23.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Water Source: City Franchise
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Lot Info

  • Additional Parcels: No
  • Parcel #: 127-21-060-A

Rental Info

  • Available Date: 2013-11-01

Multi Family

  • Leasable Area: 1200.0

Tax Info

  • Tax Annual Amount: 7523.0
  • Tax Book Number: 127.00
  • Tax Lot: 169
  • Tax Map Number: 21.00

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2014 03/20/14 Sold $1,500 -6.3% $0 / Sq Ft
03/20/2014 03/20/14 Pending -- -- --
11/01/2013 11/01/13 For Sale $1,600 -- $0 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Don Mortensen

    Seller's Agent in 2014

    Don Mortensen

    LRA Real Estate Group, LLC

    (480) 526-5644

    8 in this area

    121 Total Sales

    Don Mortensen
    Section Image

  • N

    Buyer's Agent in 2014

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5024555

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Phoenix 85008 Camelback East Village

2916 N 40th St Unit 1, Phoenix, AZ

This home is located at 2916 N 40th St Unit 1, Phoenix, AZ 85018 since 02 November 2013. This property was built in 1959. 2916 N 40th St Unit 1 is a home located in Maricopa County with nearby schools including Monte Vista Elementary School, 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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