NOT LISTED FOR SALE

Estimated Value: $450,000 - $645,000

-- Bed
-- Bath
3,072 Sq Ft
$178/Sq Ft Est. Value

Last Sold December 05, 2019

Last sale price $374,000 $122 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,091/month

111 Days on Market

Highlights

  • 0.38 Acre Lot
  • Central Air
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Vinyl Flooring

About This Home

As of December 2019

Property under sale includes two adjacent lots located right off 7th Avenue with a combined land area of 16,478 sq. ft. as per County Assessor's data. The property has 3 single story buildings and 11 paved parking spaces and lends itself to many uses and redevelopment options under C-1 zoning. The buildings were previously used as Day Care facility. Across 7th Avenue is Dignity Health St. Joseph's Hospital and Medical Center, home of the world-renowned Barrow Neurological Institute. This is an opportunity to build your business in existing buildings or do a complete redevelopment plan. Buyer to verify zoning and use restrictions.

Last Agent to Sell the Property

Lora Mwaniki-Lyman

Keller Williams Realty East Valley License #SA671269000 Listed on: 08/05/2019

Keller Williams Realty East Valley

Co-Listed By

Kay Shepard

Keller Williams Realty East Valley License #SA514614000

Last Buyer's Agent

Tim Melton

SGI Property Mngmnt/Real Estate License #SA647085000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,464

Year Built

  • Built in 1941

Lot Details

  • 0.38 Acre Lot
  • Chain Link Fence
  • Property is zoned C-1

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,072 Sq Ft Home
  • Vinyl Flooring

Parking

  • 9 Open Parking Spaces
  • 9 Parking Spaces
  • Private Parking
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 110-30-082

Community Details

Overview

  • 3 Buildings
  • College Addition Subdivision

Building Details

  • Operating Expense $4,464

Property Details

Property Type

Other

Est. Annual Taxes

$4,464

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Cross Street: Thomas & 7th Avenue
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-1
  • Bay Info Bay Size: 0
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1941
  • Tax Year: 2018
  • Directions: Drive North on 7th Avenue past Thomas Road. Property is to the west/left side of 7th Avenue.
  • Lot Size Acres: 0.38
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: kwrp001
  • Co List Office Phone: 480-768-9333
  • Subdivision Name: COLLEGE ADDITION
  • Structure Type: Commercial
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Vinyl
  • Living Area: 3072.0

Exterior Features

  • Fencing: Chain Link
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Stucco, Brick
  • Roof: Composition
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Paved Parking, Private Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 9.0
  • Total Parking Spaces: 9.0
  • General Property Description:Uncvrd Parking Spcs: 9.0
  • General Property Description:Total Parking Spcs: 9.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Electric
  • Water Source: Community Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 16478.0
  • Parcel #: 110-30-082
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 4464.0

Tax Info

  • Tax Annual Amount: 4464.0
  • Tax Book Number: 110.00
  • Tax Lot: 6
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2022
Sold by
Humpymelt Llc
Bought by
Alpine Venture Investments Llc and Lenore Lp
Current Estimated Value
$547,500

Purchase Details

Listed on
Aug 5, 2019
Closed on
Nov 27, 2019
Sold by
Frem Investments Arizona Llc
Bought by
Humpymelt Llc
Seller's Agent
Lora Mwaniki-Lyman
Keller Williams Realty East Valley
Buyer's Agent
Tim Melton
SGI Property Mngmnt/Real Estate
List Price
$455,000
Sold Price
$374,000
Premium/Discount to List
-$81,000
-17.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
Original Mortgage
$619,000
Interest Rate
3.75%

Purchase Details

Listed on
Mar 25, 2011
Closed on
Dec 22, 2011
Sold by
Santa Barbara Bank & Trust National Asso
Bought by
Frem Investments Arizona Llc
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$180,000
Sold Price
$160,000
Premium/Discount to List
-$20,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.30%

Purchase Details

Closed on
Mar 10, 2011
Sold by
Just Kids Preschol Too Inc
Bought by
Pacific Capital Bank

Purchase Details

Closed on
Oct 10, 2008
Sold by
Just Kids Preschool Too Inc
Bought by
Haynes Angelic J and Haynes Bradley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
6.39%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 6, 2006
Sold by
Miller Timothy K and Miller Cynthia A
Bought by
Just Kids Preschool Too Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 28, 1999
Sold by
Mackoff Selma S
Bought by
Miller Timothy K and Miller Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.73%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Alpine Venture Investments Llc $615,000 Magnus Title
Humpymelt Llc $374,000 Great American Title Agency
Frem Investments Arizona Llc $160,000 First American Title
Pacific Capital Bank $150,000 Empire West Title Agency
Haynes Angelic J -- Landamerica Title Agency
Just Kids Preschool Too Inc $355,500 Tsa Title Agency
Miller Timothy K $200,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Humpymelt Llc $619,000
Previous Owner Haynes Angelic J $177,000
Previous Owner Just Kids Preschool Too Inc $45,000
Previous Owner Just Kids Preschool Too Inc $423,000
Previous Owner Miller Timothy K $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2019 12/05/19 Sold $374,000 -5.3% $122 / Sq Ft
10/31/2019 10/31/19 Price Changed $395,000 -13.2% $129 / Sq Ft
07/23/2019 07/23/19 For Sale $455,000 +184.4% $148 / Sq Ft
01/02/2012 01/02/12 Sold $160,000 -11.1% $51 / Sq Ft
12/08/2011 12/08/11 Pending -- -- --
03/21/2011 03/21/11 For Sale $180,000 -- $58 / 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 $2,255 $17,967 -- --
2024 $2,178 $17,111 -- --
2023 $2,178 $26,340 $18,770 $7,570
2022 $2,166 $18,820 $11,860 $6,960
2021 $2,203 $18,620 $11,860 $6,760
2020 $2,147 $16,790 $10,080 $6,710
2019 $2,054 $13,970 $7,580 $6,390
2018 $1,986 $13,510 $7,020 $6,490
2017 $1,823 $13,670 $7,320 $6,350
2016 $1,759 $12,640 $6,840 $5,800
2015 $1,635 $11,030 $6,650 $4,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5961053

Arizona Regional Multiple Listing Service (ARMLS)

APN: 110-30-082