NOT LISTED FOR SALE

Estimated Value: $685,729

-- Bed
-- Bath
2,354 Sq Ft
$291/Sq Ft Est. Value

Last Sold October 01, 2023

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

Est. 45,615% increase in value since last sale

Current estimated payment $4,212/month

147 Days on Market

Highlights

  • Display Windows
  • Concrete Flooring
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

As of October 2023

Storefront retail/office space available with 2 suites for lease in this multi-tenant building, Suite 1 offering 928 sf and Suite 2 offering 702 sf. Situated on the west side of 24th St just north of Thomas Rd, it is only 2 miles south of Biltmore Fashion park. The property offers significant visibility along heavily trafficked 24th St, and is well suited for various service-oriented boutique retailers. Extremely popular neighborhood submarket with strong fundamentals, top tier demographics, and desirability. Close to major freeways SR - 51 (0.45 mi) and I-10 (1.4 mi). Recently underwent extensive renovation and updating inside and out, with 200 amp electrical service in each suite. Large yard in back for storage or additional parking.

Last Agent to Sell the Property

Shawn Beaird

Urban Luxe Real Estate License #BR633945000 Listed on: 05/06/2023

Last Buyer's Agent

Shawn Beaird

Real Broker License #BR633945000

Property Details

Property Type

  • Other

Year Built

  • Built in 1945

Lot Details

  • Property is zoned C-2

Home Design

  • Foam Roof
  • Block Exterior

Interior Spaces

  • 2,354 Sq Ft Home
  • Display Windows
  • Concrete Flooring

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Free Parking
  • Paved Parking

Utilities

  • Heat Pump System
  • 220 Volts
  • Master Water Meter

Listing and Financial Details

  • Property Available on 5/5/23
  • Tenant pays for contents insurance, janitorial service
  • The owner pays for management fees, property taxes, exterior maint, common area maintenance, bldg liability ins, glass insurance, fire insurance-bldg, trash, sewer, water, electricity, gas
  • Assessor Parcel Number 119-17-054-D

Property Details

Property Type

Other

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Cross Street: Thomas and 24th St
  • Property Type: Comm/Industry Lease
  • Zoning: C-2
  • Number Of Buildings: 1
  • Lease Info Annual Lease Price: 18000.0
  • Lease Info Annual Lse Prc P S F: 25.64
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 2
  • Lease Info Space Divisible: Yes
  • Lease Info Suite Size Avail Max: 1,630
  • Year Built: 1945
  • Tax Year: 2022
  • Directions: North on 24th St, building on west side of road.
  • Road Surface Type: Asphalt, Sidewalk(s), Alley
  • Structure Type: Commercial
  • Tax Parcel Letter: D
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 2354.0

Exterior Features

  • Disclosures: None
  • Construction Type: Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, Free
  • Attached Garage: No
  • 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: 220 Volts, SRP, Master Meter
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Green Building Features: Display Window(s)
  • Water Source: City Franchise, Master Meter
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes
  • Electric Master Meter: Yes

Association/Amenities

  • Amenities:Display Window(s): Yes

Lot Info

  • Additional Parcels: No
  • Parcel #: 119-17-054-D

Rental Info

  • Available Date: 2023-05-05

Multi Family

  • Owner Pays: Management Fees, Property Taxes, Exterior Maint, Common Area Maint, Bldg Liability Ins, Glass Insurance, Fire Insurance-Bldg, Trash, Sewer, Water, Electricity, Gas
  • Tenant Pays: Contents Insurance, Janitorial Service
  • Existing Lease Type: Gross
  • Leasable Area: 702.0

Tax Info

  • Tax Annual Amount: 4519.0
  • Tax Book Number: 119.00
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2024
Sold by
3010 Pinchot Llc
Bought by
Tmi Investment Group Llc
Total Days on Market
147
Current Estimated Value
$685,729

Purchase Details

Closed on
Mar 4, 2020
Sold by
Amelio C Enterprises Inc
Bought by
3010 Pinchot Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 30, 2009
Sold by
Amelio C Enterprises Inc
Bought by
Shadyside Llc

Purchase Details

Closed on
Jun 10, 1996
Sold by
Cactus Candy Company
Bought by
Amelio C Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.32%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
Tmi Investment Group Llc $669,000 Thomas Title & Escrow Llc
Tmi Investment Group Llc $669,000 Thomas Title & Escrow Llc
3010 Pinchot Llc $237,500 Security Title Agency
Shadyside Llc -- None Available
Amelio C Enterprises Inc $75,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 3010 Pinchot Llc $270,000
Previous Owner Shadyside Llc $140,000
Previous Owner Amelio C Enterprises Inc $95,000
Previous Owner Amelio C Enterprises Inc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2023 10/01/23 Sold $1,500 0.0% $1 / Sq Ft
09/29/2023 09/29/23 Off Market $1,500 -- --
05/06/2023 05/06/23 For Sale $1,500 -- $1 / 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 $4,487 $33,468 -- --
2024 $4,570 $32,871 -- --
2023 $4,570 $44,098 $28,390 $15,708
2022 $4,519 $39,830 $25,375 $14,455
2021 $4,762 $40,608 $26,100 $14,508
2020 $4,646 $39,222 $24,858 $14,364
2019 $4,613 $36,576 $22,968 $13,608
2018 $4,518 $31,608 $18,126 $13,482
2017 $4,344 $31,068 $18,126 $12,942
2016 $4,175 $27,702 $16,038 $11,664
2015 $3,992 $24,383 $13,875 $10,508
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6553339

Arizona Regional Multiple Listing Service (ARMLS)

APN: 119-17-054D