NOT LISTED FOR SALE

Estimated Value: $3,815,007

-- Bed
-- Bath
12,477 Sq Ft
$306/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $3,025,000 $242 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $22,852/month

443 Days on Market

Highlights

  • 0.93 Acre Lot
  • Community Kitchen
  • Central Air
  • Tavan Elementary School Rated A
  • Stone Flooring
  • Heating Available

About This Home

As of November 2021

This home is located at 3040 N 44th St Unit 1, Phoenix, AZ 85018 since 21 July 2020 and is currently estimated at $3,815,007, approximately $305 per square foot. This property was built in 1987. 3040 N 44th St Unit 1 is a home located in Maricopa County with nearby schools including Tavan Elementary School, Ingleside Middle School, and Arcadia High School.

Last Agent to Sell the Property

Gerald Langston

Res Comm Realty License #SA111284000 Listed on: 07/21/2020

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $18,400

Year Built

  • Built in 1987

Lot Details

  • 0.93 Acre Lot
  • Block Wall Fence
  • Property is zoned C-O, Phoenix

Home Design

  • 12,477 Sq Ft Home
  • Metal Roof
  • Block Exterior

Flooring

  • Stone
  • Concrete

Parking

  • 22 Open Parking Spaces
  • 53 Parking Spaces
  • 31 Covered Spaces
  • Private Parking
  • Paved Parking
  • Fenced Parking

Utilities

  • Central Air
  • Heating Available
  • 220 Volts
  • Fiber Optics Available

Listing and Financial Details

  • Tax Lot 127-13-091f
  • Assessor Parcel Number 127-13-091-F

Community Details

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Building Details

  • Gross Income $266,276
  • Net Operating Income $207,286

Property Details

Property Type

Other

Est. Annual Taxes

$18,400

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Cross Street: 44th Street-North of Thomas Road
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: C-O, Phoenix
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1987
  • Tax Year: 2019
  • Directions: 4 blocks north of Thomas Road, West side of 44th Street
  • Lot Size Acres: 0.93
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Structure Type: Office
  • Tax Parcel Letter: F
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Stone, Concrete
  • Living Area: 12477.0

Exterior Features

  • Fencing: Block
  • Disclosures: Other (See Remarks)
  • Construction Type: Block
  • Roof: Metal
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 31.0
  • Parking Features: Paved Parking, Private Parking, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 22.0
  • Total Parking Spaces: 53.0
  • General Property Description:Covered Parking Spcs: 31.0
  • General Property Description:Uncvrd Parking Spcs: 22.0
  • General Property Description:Total Parking Spcs: 53.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: 220 Volts, APS
  • Cooling: Central A/C
  • Heating: Electric
  • Green Building Features: Conference Room, Reception Room, Kitchen, Fiber Optic Availble
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Fiber Optic Availble: Yes

Fee Information

  • Annual Fuel Expense: 1323.0
  • Trash Expense: 1385.0
  • Annual Water Sewer Expense: 1454.0

Lot Info

  • Lot Size Sq Ft: 40424.0
  • Parcel #: 127-13-091-F
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 15864.0
  • Annual Gross Income: 266276.0
  • Insurance Expense: 2317.0
  • Maintenance Expense: 3239.0
  • Property Net Operating Income: 207286.0

Tax Info

  • Tax Annual Amount: 18400.0
  • Tax Book Number: 127.00
  • Tax Lot: 127-13-091f
  • Tax Map Number: 13.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2020
Closed on
Nov 17, 2021
Sold by
Tlup Llc
Bought by
Henry Hill Group Llc
Seller's Agent
Gerald Langston
Res Comm Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$3,495,000
Sold Price
$3,025,000
Premium/Discount to List
-$470,000
-13.45%
Total Days on Market
443
Current Estimated Value
$3,815,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$790,007
Avg. Annual Appreciation
6.87%

Purchase Details

Closed on
Jun 25, 2010
Sold by
Hyslop R G and Hyslop Becky J
Bought by
Mount David

Purchase Details

Closed on
Dec 21, 2006
Sold by
3040 Building Llc
Bought by
Tlup Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,460,000
Interest Rate
6.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 30, 1996
Sold by
Thirty Forty Llc
Bought by
3040 Building Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$961,000
Interest Rate
7.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 26, 1995
Sold by
3040 North 44Th Street Partners Ltd Part
Bought by
Thirty Forty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Interest Rate
7.36%
Mortgage Type
Commercial
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
Henry Hill Group Llc $3,025,000 Title Alliance Of Az Agcy Ll
Mount David $64,000 Stewart Title & Trust Of Pho
Tlup Llc $2,890,000 Fidelity National Title
3040 Building Llc $1,035,000 Chicago Title Insurance Co
Thirty Forty Llc $820,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henry Hill Group Llc $3,890,000
Previous Owner Tlup Llc $1,460,000
Previous Owner 3040 Building Llc $961,000
Previous Owner Thirty Forty Llc $615,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2021 11/22/21 Sold $3,025,000 -8.3% $242 / Sq Ft
07/19/2021 07/19/21 Price Changed $3,300,000 -5.6% $264 / Sq Ft
07/01/2020 07/01/20 For Sale $3,495,000 -- $280 / 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 $18,469 $225,272 -- --
2024 $18,549 $221,249 -- --
2023 $18,549 $287,249 $174,590 $112,659
2022 $18,310 $297,711 $174,283 $123,428
2021 $19,403 $285,066 $179,262 $105,804
2020 $19,116 $250,110 $159,462 $90,648
2019 $18,400 $215,820 $151,866 $63,954
2018 $17,694 $191,664 $133,038 $58,626
2017 $17,000 $173,502 $120,366 $53,136
2016 $16,562 $170,658 $101,916 $68,742
2015 $15,604 $195,212 $87,579 $107,633
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6106147

Arizona Regional Multiple Listing Service (ARMLS)

APN: 127-13-091F