Seller's Agent in 2018
Tom 'BIG T' Ross
Coldwell Banker Realty
(602) 368-1904
7 in this area
67 Total Sales
3051 E Thomas Rd Phoenix, AZ 85016
Camelback East Village NeighborhoodEstimated Value: $780,517
Studio
--
Bath
5,260
Sq Ft
$148/Sq Ft
Est. Value
Highlights
- Central Air
- Carpet
- Heating Available
- Phoenix Coding Academy Rated A
About This Home
As of March 2018Great 5,260 sq. ft. two story C-2 building that can be Mixed Use Commercial, Residential, Office. Perfect for either a live-in business arrangement OR rent the upstairs and the ground floor! You decide! Massage Business has 6 treatment rooms and pays $2,300 in month-to-month for 2,654 sq. ft. ground floor and wants to stay! Instant Income! Upstairs separate entrance is a 2,605 sq. ft., 5 BR, 3 BA residence that can be converted to office space for the right tenant or you can live there! Big upside income potential for renting the upstairs residence to maybe a family, students, insurance office, attorney office? You pick-em! Conceivable CAP renting the whole building could be as high as 11+%.
Last Agent to Sell the Property
Coldwell Banker Realty License #SA642903000 Listed on: 01/11/2018
Last Buyer's Agent
Non-MLS Agent
Non-MLS Office
Property Details
Property Type
- Other
Est. Annual Taxes
- $7,344
Year Built
- Built in 1985
Lot Details
- 0.25 Acre Lot
- Chain Link Fence
- Property is zoned C-2
Home Design
- 5,260 Sq Ft Home
- Wood Frame Construction
- Composition Roof
Flooring
- Carpet
- Vinyl
Parking
- 8 Open Parking Spaces
- 12 Parking Spaces
- 4 Covered Spaces
- Free Parking
- Paved Parking
- Fenced Parking
Utilities
- Central Air
- Heating Available
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 120-23-002
Community Details
Overview
- Matthews Tract Subdivision
Building Details
- Operating Expense $7,344
- Gross Income $27,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 11, 2018
Closed on
Mar 12, 2018
Sold by
3051 E Thomas Rd Llc
Bought by
A1 Trading Llc
Seller's Agent
Tom 'BIG T' Ross
Coldwell Banker Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$489,500
Sold Price
$460,000
Premium/Discount to List
-$29,500
-6.03%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,517
Avg. Annual Appreciation
6.85%
Original Mortgage
$368,000
Outstanding Balance
$107,366
Interest Rate
4.32%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$673,151
Purchase Details
Closed on
Feb 3, 2016
Sold by
Miller Steve
Bought by
3051 E Thomas Rd Llc
Purchase Details
Closed on
Jul 31, 2013
Sold by
E & T Limited Partnership
Bought by
Miller Steve
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| A1 Trading Llc | $460,000 | Lawyers Title Of Arizona Inc | |
| 3051 E Thomas Rd Llc | -- | None Available | |
| Miller Steve | $309,000 | Chicago Title Agency Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | A1 Trading Llc | $368,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/26/2018 03/26/18 | Sold | $460,000 | -6.0% | $87 / Sq Ft |
| 01/11/2018 01/11/18 | For Sale | $489,500 | -- | $93 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $8,458 | $62,619 | -- | -- |
| 2024 | $7,868 | $60,784 | -- | -- |
| 2023 | $7,868 | $98,537 | $30,416 | $68,121 |
| 2022 | $7,715 | $90,049 | $27,335 | $62,714 |
| 2021 | $8,066 | $91,084 | $27,832 | $63,252 |
| 2020 | $7,863 | $83,076 | $26,894 | $56,182 |
| 2019 | $7,812 | $74,914 | $24,864 | $50,050 |
| 2018 | $7,648 | $89,334 | $24,426 | $64,908 |
| 2017 | $7,344 | $77,364 | $24,426 | $52,938 |
| 2016 | $9,615 | $69,750 | $21,204 | $48,546 |
| 2015 | $6,707 | $49,576 | $13,965 | $35,611 |
Source: Public Records
Agents Affiliated with this Home
-
Tom 'BIG T' Ross
-
N
Buyer's Agent in 2018
Non-MLS Agent
Non-MLS Office
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 5707648
APN: 120-23-002
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.
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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