NOT LISTED FOR SALE

3039 E Southern Ave Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $493,000 - $977,096

Studio
2 Baths
1,620 Sq Ft
$442/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $2,300 $1 Per Sq Ft

Est. 31,053% increase in value since last sale

Current estimated payment $4,361/month

11 Days on Market

Highlights

  • 0.37 Acre Lot
  • Wood Flooring
  • Central Air
  • Phoenix Coding Academy Rated A
  • Community Kitchen
  • Heating Available

About This Home

As of June 2017

Multi purpose space available. Formerly used as a recording studio. 16-18 feet high ceilings, large recording room, control room, reception area, 2 small vocal rooms, 2 restrooms, kitchen and entry way. Also can be used as office space, warehouse space, restaurant space, creative office, event center, escape room, etc. High visibility and traffic area. Just around the corner from the popular Farm at South Mountain. Great location to grow your business.

Last Agent to Sell the Property

Don Mortensen

LRA Real Estate Group, LLC License #BR529840000 Listed on: 06/19/2017

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 2003

Lot Details

  • 0.37 Acre Lot
  • Block Wall Fence
  • Property is zoned C-2

Home Design

  • Wood Frame Construction
  • Composition Roof

Flooring

  • Wood Flooring

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Property Available on 6/19/17
  • Tax Lot 31
  • Assessor Parcel Number 122-83-003-A

Community Details

Overview

  • Bartlett Heard Lands Lot 65 Sec 30, 1N 4E Subdivision

Amenities

  • Community Kitchen
  • Reception Area

Property Details

Property Type

Other

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Cross Street: E Southern Ave and S 32nd St
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Lease
  • Zoning: C-2
  • Current Use: Mixed Use
  • Lease Info Annual Lease Price: 30000.0
  • Lease Info Annual Lse Prc P S F: 8.82
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 1-5
  • Lease Info Space Divisible: No
  • Year Built: 2003
  • Tax Year: 2016
  • Lot Size Acres: 0.37
  • Subdivision Name: BARTLETT HEARD LANDS LOT 65 SEC 30, 1N 4E
  • Structure Type: Commercial
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Wood

Exterior Features

  • Fencing: Block
  • Disclosures: None
  • Construction Type: Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • 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
  • Parking:Private Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Green Building Features: Reception Room, Kitchen
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes

Lot Info

  • Lot Size Sq Ft: 16030.0
  • Additional Parcels: No
  • Parcel #: 122-83-003-A
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2017-06-19

Multi Family

  • Leasable Area: 3040.0

Tax Info

  • Tax Annual Amount: 5849.0
  • Tax Book Number: 122.00
  • Tax Lot: 31
  • Tax Map Number: 83.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2016
Sold by
Stotler Michael
Bought by
Stotler Michael and Stotler Gloria
Current Estimated Value
$716,524

Purchase Details

Closed on
Jan 27, 2003
Sold by
Stotler Gloria
Bought by
Stotler Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Outstanding Balance
$97,789
Interest Rate
5.97%
Estimated Equity
$618,735

Purchase Details

Closed on
Nov 5, 2001
Sold by
Huber Dan and Huber Debbie
Bought by
Stotler Michael E and Stotler Gloria

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
6.62%

Purchase Details

Closed on
Jun 22, 2000
Sold by
Huber Rodney K
Bought by
Price Bessie J

Purchase Details

Closed on
Jun 14, 1999
Sold by
Huber Rod
Bought by
Huber Rod and Huber Dan

Purchase Details

Closed on
Nov 9, 1995
Sold by
Odegaard Douglas and Odegaard Shirley L
Bought by
Huber Rod

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.25%
Mortgage Type
Seller Take Back
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

Date Buyer Sale Price Title Company
Stotler Michael -- None Available
Stotler Michael E -- Transnation Title Insurance
Stotler Michael E $200,000 Title Guaranty Agency
Price Bessie J -- --
Huber Rod $20,000 --
Huber Rod $85,000 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stotler Michael E $228,000
Closed Stotler Michael E $150,000
Previous Owner Huber Rod $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2017 06/30/17 Sold $2,300 -8.0% $1 / Sq Ft
06/19/2017 06/19/17 For Sale $2,500 -- $2 / 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 $7,365 $52,826 -- --
2024 $6,939 $50,310 -- --
2023 $6,939 $61,620 $12,320 $49,300
2022 $6,788 $46,210 $9,240 $36,970
2021 $6,938 $43,460 $8,690 $34,770
2020 $6,957 $43,150 $8,630 $34,520
2019 $6,694 $40,670 $8,130 $32,540
2018 $6,516 $38,110 $7,620 $30,490
2017 $6,165 $38,980 $7,790 $31,190
2016 $5,849 $38,620 $7,720 $30,900
Source: Public Records

Agents Affiliated with this Home

  • Don Mortensen

    Seller's Agent in 2017

    Don Mortensen

    LRA Real Estate Group, LLC

    (480) 526-5644

    2 in this area

    119 Total Sales

    Don Mortensen
    Section Image

  • N

    Buyer's Agent in 2017

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5621841

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-83-003A

Arizona Maricopa County Phoenix 85040 South Mountain

3039 E Southern Ave, Phoenix, AZ

Not Listed for Sale

Other

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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