NOT LISTED FOR SALE

Estimated Value: $3,070,564

Studio
-- Bath
19,532 Sq Ft
$157/Sq Ft Est. Value

Sale Details

Date Sold: July 29, 2013

Last sale price $1,300,000 $67 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $18,752 / mo

317 Days on Market

Highlights

  • 1.15 Acre Lot
  • Meeting Room
  • Concrete Flooring
  • Phoenix Coding Academy Rated A
  • Central Air
  • Heating Available

About This Home

As of July 2013

This home is located at 2937 W Thomas Rd, Phoenix, AZ 85017 since 11 September 2012 and is currently estimated at $3,070,564, approximately $157 per square foot. This property was built in 1976. 2937 W Thomas Rd is a home located in Maricopa County with nearby schools including Madrid Neighborhood School, Carl Hayden High School, and Phoenix Coding Academy.

Last Agent to Sell the Property

Marc Marnell

The Marnell Group, LLC License #BR538828000 Listed on: 09/11/2012

Last Buyer's Agent

Marc Marnell

The Marnell Group, LLC License #BR538828000 Listed on: 09/11/2012

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $18,079

Year Built

  • Built in 1976

Lot Details

  • 1.15 Acre Lot
  • Chain Link Fence
  • Property is zoned A2

Home Design

  • Foam Roof
  • Metal Siding
  • Stucco

Interior Spaces

  • 19,532 Sq Ft Home
  • Concrete Flooring

Parking

  • 75 Open Parking Spaces
  • 50,169 Parking Spaces
  • 50,094 Covered Spaces
  • Private Parking
  • Free Parking
  • Paved Parking
  • Fenced Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 2937
  • Assessor Parcel Number 108-32-019-K

Community Details

Amenities

  • Meeting Room

Building Details

  • Operating Expense $18,079
  • Net Operating Income $108,000

Property Details

Property Type

Other

Est. Annual Taxes

$18,079

Year Built

Built in 1976

Lot Details

1.15 Acres

Listing Details

  • Cross Street: GRAND AVENUE AND THOMAS ROAD
  • Property Type: Comm/Industry Sale
  • Zoning: A2
  • Number Of Buildings: 1
  • Year Built: 1976
  • Tax Year: 2011
  • Lot Size Acres: 1.15
  • Structure Type: Commercial, Industrial, Office, Manufacturing, Distribution/Warehse
  • Tax Parcel Letter: K
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Chain Link
  • Construction Type: Stucco, Metal Siding
  • Roof: Foam
  • Construction:Metal: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Total Covered Spaces: 50094.0
  • Parking Features: Paved Parking, Private Parking, Free, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 75.0
  • Total Parking Spaces: 50169.0
  • General Property Description:Covered Parking Spcs: 50094.0
  • General Property Description:Uncvrd Parking Spcs: 75.0
  • General Property Description:Total Parking Spcs: 50169.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: APS
  • Cooling: Warehouse A/C, Central A/C
  • Heating: Electric
  • Green Building Features: Conference Room
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Conference Room: Yes

Lot Info

  • Lot Size Sq Ft: 50094.0
  • Parcel #: 108-32-019-K
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 108000.0
  • Annual Operating Expense: 18079.0

Tax Info

  • Tax Annual Amount: 18079.0
  • Tax Book Number: 108.00
  • Tax Lot: 2937
  • Tax Map Number: 32.00

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
Jun 30, 2014
Sold by
Bought by
Current Estimated Value
$3,070,564

Purchase Details

Listed on
Sep 11, 2012
Closed on
Jul 31, 2013
Sold by
Bought by
Seller's Agent
Marc Marnell
The Marnell Group, LLC
Buyer's Agent
Marc Marnell
The Marnell Group, LLC
List Price
$2,600,000
Sold Price
$1,300,000
Premium/Discount to List
-$1,300,000
-50%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%

Purchase Details

Closed on
Feb 2, 2011
Sold by
Bought by

Purchase Details

Closed on
Dec 23, 2009
Sold by
Bought by

Purchase Details

Closed on
Oct 22, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$742,000
Interest Rate
0.0627%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 22, 2007
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- None Available
$1,300,000 Security Title Agency
$600,000 Thomas Title & Escrow
$991,752 None Available
$1,737,500 Magnus Title Agency
$3,100,000 Magnus Title Agency
$1,450,000 Magnus Title Agency
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
Previous Owner $742,000
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
07/29/2013 07/29/13 Sold $1,300,000 -50.0% $67 / Sq Ft
07/19/2013 07/19/13 Pending -- -- --
09/05/2012 09/05/12 For Sale $2,600,000 -- $133 / 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 $22,697 $143,551
2024 $22,015 $140,988
2023 $22,015 $238,714 $40,970 $197,744
2022 $22,313 $221,638 $33,600 $188,038
2021 $23,166 $226,854 $34,560 $192,294
2020 $22,270 $229,302 $33,678 $195,624
2019 $21,996 $218,322 $25,866 $192,456
2018 $20,307 $198,360 $28,746 $169,614
2017 $20,051 $124,254 $29,934 $94,320
2016 $19,206 $111,690 $27,972 $83,718
2015 $18,682 $101,899 $26,881 $75,018
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4816849

Arizona Regional Multiple Listing Service (ARMLS)

APN: 108-32-019K

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