$6,350
SOLD JAN 11, 2022
-- Bed
-- Bath
3,607 Sq Ft
0.33 Acres

Recently Sold

$2 Per Sq Ft

52 Days on Market

Highlights

  • 0.33 Acre Lot
  • Ceramic Tile Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Central Air

About This Home

As of December 2023

Rare opportunity to lease a move-in ready medical office building. Formerly a dental office with spacious operatory rooms. Large nurses station with excellent workflow design. Comfortable lobby for patient intake. Easy access on a corner lot allows for easy customer access. Highly visible freestanding building in Central Phoenix. Fenced parcel with covered parking. 20.50MG. Tenant pays rent and utilities.

Last Agent to Sell the Property

Randy Erwin

Century 21 Arizona Foothills License #SA639091000 Listed on: 01/07/2022

Century 21 Arizona Foothills

Last Buyer's Agent

Daniel Schaffler

Compass License #BR647934000

Property Details

Property Type

  • Other

Year Built

  • Built in 1973

Lot Details

  • 0.33 Acre Lot
  • Property is zoned R5

Home Design

  • 3,607 Sq Ft Home
  • Block Exterior

Flooring

  • Concrete
  • Ceramic Tile

Parking

  • 12 Open Parking Spaces
  • 17 Parking Spaces
  • Public Parking
  • 5 Covered Spaces
  • Fenced Parking

Utilities

  • Central Air
  • Heating Available

Community Details

  • Fey Place Subdivision

Listing and Financial Details

  • Property Available on 11/16/21
  • The owner pays for taxes, exterior maintenance, bldg liability ins
  • Tax Lot 9
  • Assessor Parcel Number 118-22-045

Property Details

Property Type

Other

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: 7th Street & Thomas
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Lease
  • Zoning: R5
  • Lease Info Annual Lease Price: 79198.0
  • Lease Info Annual Lse Prc P S F: 20.5
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 2-5
  • Lease Info Space Divisible: Yes
  • Lease Info Suite Size Avail Max: 3717
  • Year Built: 1973
  • Tax Year: 2021
  • Directions: From 7th St & Thomas. North on 7th Street to property on west side of street.
  • Lot Size Acres: 0.33
  • Subdivision Name: FEY PLACE
  • Structure Type: Commercial
  • Cooling:Central Air: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Ceramic Tile, Concrete
  • Living Area: 3607.0

Exterior Features

  • Disclosures: None
  • Construction Type: Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Public Parking, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 17.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 17.0
  • Parking Features Public Parking2: Yes
  • Parking Features Fenced4: Yes

Utilities

  • Electric: APS
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 14443.0
  • Additional Parcels: No
  • Parcel #: 118-22-045
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2021-11-16

Multi Family

  • Owner Pays: Taxes, Exterior Maintenance, Bldg Liability Ins
  • Existing Lease Type: Modified Terms
  • Leasable Area: 3717.0

Tax Info

  • Tax Annual Amount: 8904.0
  • Tax Book Number: 118.00
  • Tax Lot: 9
  • Tax Map Number: 22.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2025
Sold by
Dr Keith Goss Pllc
Bought by
3150 Property Llc
Current Estimated Value
$1,612,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,664,000
Outstanding Balance
$1,657,448
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2024
Sold by
Apx Mobile Medical Llc
Bought by
Dr Keith Goss Pllc

Purchase Details

Closed on
Oct 14, 2015
Sold by
Ian K Llc
Bought by
Cb 101 Llc and Ian K Llc

Purchase Details

Closed on
Mar 1, 2010
Sold by
Shipe James and Shipe Kathleen
Bought by
Ian K Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,500
Interest Rate
5.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 26, 2000
Sold by
Micou E Venable and Micou Jane
Bought by
Shipe James and Shipe Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
8.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 30, 1998
Sold by
Feffer Ralph B and Feffer Family Trust
Bought by
Micou E Venable and Micou Jane W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
7.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 24, 1997
Sold by
B & G Partners Inc
Bought by
Feffer Ralph B
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Special Warranty Deed $1,200,000 Pioneer Title Agency
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer $460,000 None Available
Special Warranty Deed $575,000 Stewart Title & Trust Of Pho
Warranty Deed $400,000 Fidelity National Title
Warranty Deed $310,000 Fidelity Title
Cash Sale Deed $250,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,664,000 New Conventional
Previous Owner $9,000 Unknown
Previous Owner -- No Value Available
Previous Owner $522,500 Commercial
Previous Owner $360,000 Commercial
Previous Owner $292,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2023 12/28/23 Sold $1,499,000 0.0% $416 / Sq Ft
10/07/2023 10/07/23 For Sale $1,499,000 +23506.3% $416 / Sq Ft
01/11/2022 01/11/22 Sold $6,350 0.0% $2 / Sq Ft
01/07/2022 01/07/22 For Sale $6,350 0.0% $2 / Sq Ft
01/01/2022 01/01/22 Off Market $6,350 -- --
11/16/2021 11/16/21 For Sale $6,350 -- $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 $8,354 $64,556 -- --
2024 $8,315 $63,403 -- --
2023 $8,315 $113,645 $50,235 $63,410
2022 $8,512 $104,335 $35,350 $68,985
2021 $8,904 $103,950 $36,360 $67,590
2020 $8,679 $91,872 $33,534 $58,338
2019 $8,302 $95,562 $32,454 $63,108
2018 $8,027 $91,008 $30,042 $60,966
2017 $7,370 $84,582 $31,302 $53,280
2016 $7,110 $68,796 $29,250 $39,546
2015 $6,793 $45,825 $29,249 $16,576
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6322103

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-22-045