NOT LISTED FOR SALE

Estimated Value: $359,676

-- Bed
2 Baths
3,268 Sq Ft
$110/Sq Ft Est. Value

Last Sold September 08, 2022

Last sale price $350,000 $107 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,059/month

21 Days on Market

Highlights

  • Community Kitchen
  • Shadow Mountain High School Rated A-
  • Central Air

About This Home

As of September 2022

Free standing office building with excellent frontage on a prime large corner lot. High visibility and high traffic count. This is a great Central location off the 51 Freeway in North Phoenix with easy access to all parts of the Valley. 4 private offices; conference room, large administrative room, waiting room; reception area, file room, large indoor storage area; full kitchen and lunch room. 1 public restroom and a separate executive restroom. Gorgeous built-in cherry and oak cabinets and comes fully furnished. RV gate for easy back yard access. The generous grass backyard is suitable for lunch, office breaks, and other office events. Great for a small medical office, attorney, real estate or financial services. Currently zoned as office but can be rezoned back to a single family home for either an income property or owner/occupant. Seller is in the process of replacing the roof. Seller is a licensed Real Estate Broker in the State of Arizona. Hurry, opportunities like this do not last long!

Last Agent to Sell the Property

Daniel Hollowell

Trade Realty LLC License #BR031240000 Listed on: 08/04/2022

Co-Listed By

Doreen Hollowell

Trade Realty LLC License #SA662522000

Last Buyer's Agent

Michael Cohen

American Realty Brokers License #SA047650000

American Realty Brokers

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,934

Year Built

  • Built in 1962

Lot Details

  • 9,317 Sq Ft Lot
  • Block Wall Fence
  • Property is zoned R-6

Home Design

  • 3,268 Sq Ft Home
  • Composition Roof
  • Block Exterior
  • Stucco

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 136
  • Assessor Parcel Number 166-51-060-A

Community Details

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Additional Features

  • Paradise Valley Oasis 2 Lots 192 359 Subdivision
  • Operating Expense $1,934

Property Details

Property Type

Other

Est. Annual Taxes

$1,934

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Cross Street: 51 Freeway & Thunderbird Rd
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: R-6
  • Current Use: Office
  • Number Of Buildings: 1
  • Year Built: 1962
  • Tax Year: 2021
  • Directions: NORTH ON THE 51 FREEWAY, EXIT THUNDERBIRD. WEST 1 BLOCK AND LEFT TURN ONTO THE PARKWAY TEN U-TURN EAST. BUILDING IS THE EASTERN MOST STRUCTURE TO THE EAST.
  • Lot Size Acres: 0.21
  • Road Surface Type: Concrete, Sidewalk(s)
  • Co List Office Mls Id: trad001
  • Co List Office Phone: 602-997-2000
  • Subdivision Name: PARADISE VALLEY OASIS 2 LOTS 192-359
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: Block
  • Construction Type: Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Natural Gas
  • Green Building Features: Conference Room, Reception Room, Kitchen, Showers - Office
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Showers - Office: Yes

Lot Info

  • Lot Size Sq Ft: 9317.0
  • Additional Parcels: No
  • Parcel #: 166-51-060-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 1934.0

Tax Info

  • Tax Annual Amount: 1934.0
  • Tax Book Number: 166.00
  • Tax Lot: 136
  • Tax Map Number: 51.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Aug 24, 2022
Sold by
3333 Thunderbird Llc
Bought by
Tk Holding Ventures Llc
Seller's Agent
Daniel Hollowell
Trade Realty LLC
Buyer's Agent
Michael Cohen
American Realty Brokers
List Price
$380,000
Sold Price
$350,000
Premium/Discount to List
-$30,000
-7.89%
Current Estimated Value
$359,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,676
Avg. Annual Appreciation
0.90%

Purchase Details

Listed on
Oct 27, 2018
Closed on
Mar 27, 2019
Sold by
Brownlee Joseph L and Brownlee Jane
Bought by
3333 Thunderbird Llc
Seller's Agent
Don Mortensen
LRA Real Estate Group, LLC
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$305,000
Sold Price
$270,000
Premium/Discount to List
-$35,000
-11.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.81%

Purchase Details

Closed on
Jul 29, 2015
Sold by
Brownlee Joseph L and Brownlee Jane L
Bought by
Brownlee Living Trust

Purchase Details

Closed on
Aug 29, 2012
Sold by
Jojamota Capital Llc
Bought by
Brownlee Jane L and Brownlee Joseph L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,950
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 17, 2002
Sold by
Brownlee Jane
Bought by
Jojamota Capital Llc

Purchase Details

Closed on
Sep 16, 2002
Sold by
Gaines Anna Teresa
Bought by
Brownlee Jane

Purchase Details

Closed on
Feb 1, 2002
Sold by
Department Of Transportation
Bought by
Gaines Anna T
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 Buyer Sale Price Title Company
Tk Holding Ventures Llc $350,000 --
3333 Thunderbird Llc $270,000 Old Republic Title Agency
Brownlee Living Trust -- None Available
Brownlee Jane L -- Title Source
Jojamota Capital Llc -- Transnation Title Insurance
Brownlee Jane -- Transnation Title Insurance
Brownlee Jane $145,000 Transnation Title Insurance
Gaines Anna T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brownlee Jane L $64,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2022 09/08/22 Sold $350,000 -7.9% $107 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
08/03/2022 08/03/22 For Sale $380,000 +40.7% $116 / Sq Ft
03/29/2019 03/29/19 Sold $270,000 -10.0% $131 / Sq Ft
03/04/2019 03/04/19 Price Changed $299,900 -1.7% $146 / Sq Ft
01/28/2019 01/28/19 For Sale $305,000 +13.0% $148 / Sq Ft
01/28/2019 01/28/19 Off Market $270,000 -- --
01/25/2019 01/25/19 Price Changed $305,000 -7.3% $148 / Sq Ft
10/30/2018 10/30/18 Price Changed $329,000 +4.4% $160 / Sq Ft
10/26/2018 10/26/18 For Sale $315,000 -- $153 / 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 $1,824 $17,769 -- --
2024 $1,840 $17,451 -- --
2023 $1,840 $60,809 $27,931 $32,878
2022 $1,875 $44,608 $24,710 $19,898
2021 $1,934 $47,106 $25,416 $21,690
2020 $1,874 $35,496 $15,066 $20,430
2019 $1,877 $26,856 $13,788 $13,068
2018 $1,815 $26,172 $12,780 $13,392
2017 $1,740 $20,574 $10,530 $10,044
2016 $1,711 $18,378 $8,982 $9,396
2015 $1,629 $15,800 $6,272 $9,528
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6444782

Arizona Regional Multiple Listing Service (ARMLS)

APN: 166-51-060A