NOT LISTED FOR SALE

3335 N 16th St Phoenix, AZ 85016

Estimated Value: $664,332

-- Bed
-- Bath
5,500 Sq Ft
$121/Sq Ft Est. Value

Last Sold September 01, 2017

Last sale price $3,100 $1 Per Sq Ft

Est. 21,330% increase in value since last sale

Current estimated payment $4,226/month

409 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Phoenix Coding Academy Rated A
  • Central Air

About This Home

As of September 2017

Beautiful office building centrally located in Phoenix for lease. Property boasts 4 bathrooms (one with a shower)
and multiple office rooms. Large basement with two separate rooms. Upstairs is a large open space with access
to the roof/balcony area. Property has great visibility for any business and a monument sign which can be seen
from Osborn Rd and 16th St.

PROPERTY HIGHLIGHTS:
• Centrally Located
• Excellent Visibility
• Signage
• Covered Parking
• Two Stories and a Basement
• C-2 Zoning
• Close to the 51 and I-10
• Easy to Access

Last Agent to Sell the Property

Bryan Mortensen

LRA Real Estate Group, LLC License #BR648243000 Listed on: 07/19/2016

Last Buyer's Agent

Bryan Mortensen

LRA Real Estate Group, LLC License #BR648243000 Listed on: 07/19/2016

Property Details

Property Type

  • Other

Year Built

  • Built in 1981

Lot Details

  • 8,087 Sq Ft Lot
  • Property is zoned C-2

Home Design

  • 5,500 Sq Ft Home
  • Tile Roof
  • Foam Roof
  • Block Exterior
  • Stucco

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 8 Parking Spaces
  • Public Parking
  • 4 Covered Spaces
  • Private Parking
  • Paved Parking

Utilities

  • Central Air

Community Details

  • Home Acres Subdivision

Listing and Financial Details

  • Property Available on 7/19/16
  • The owner pays for (see remarks)
  • Tax Lot 2
  • Assessor Parcel Number 119-32-107

Property Details

Property Type

Other

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Cross Street: 16th St and Osborn
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Lease
  • Zoning: C-2
  • Lease Info Annual Exp Stop Sq Ft: 3.0
  • Lease Info Annual Lease Price: 37200.0
  • Lease Info Annual Lse Prc P S F: 6.76
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 3-10
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 5500
  • Year Built: 1981
  • Tax Year: 2015
  • Directions: From SR51 Exit Thomas Rd. Head west to 16th St. Then head north on 16th St to 3335 N 16th St. Property is along 16th St just before Osborn Rd.
  • Lot Size Acres: 0.19
  • Subdivision Name: HOME ACRES
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Ceramic Tile, Other
  • Living Area: 5500.0

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Stucco, Block
  • Roof: Tile, Foam
  • Construction:Block: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Paved Parking, Private Parking, Public Parking
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Central A/C

Lot Info

  • Lot Size Sq Ft: 8087.0
  • Additional Parcels: No
  • Parcel #: 119-32-107
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2016-07-19

Multi Family

  • Owner Pays: Other (See Remarks)
  • Tenant Pays: See Remarks
  • Existing Lease Type: Gross, Modified Terms
  • Leasable Area: 5500.0

Tax Info

  • Tax Annual Amount: 8866.0
  • Tax Book Number: 119.00
  • Tax Lot: 2
  • Tax Map Number: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2017
Sold by
Beram Tony B and Beram Maria D
Bought by
3335 N 16Th Street Llc
Total Days on Market
409
Current Estimated Value
$664,332

Purchase Details

Closed on
May 2, 2016
Sold by
William R Hunter Inc
Bought by
Beram Tony B and Beram Maria D

Purchase Details

Closed on
Aug 21, 2002
Sold by
Gendreau Robert E
Bought by
William R Hunter Inc and American Family Insurance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
6.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 7, 2000
Sold by
Johnson Marion Waldo F and Johnson Marion Karen
Bought by
Gendreau Robert E
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
3335 N 16Th Street Llc -- None Available
Beram Tony B $320,000 Fidelity Natl Title Agency I
William R Hunter Inc $240,000 Stewart Title & Trust
Gendreau Robert E $1,100,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner William R Hunter Inc $280,000
Previous Owner William R Hunter Inc $226,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2017 09/01/17 Sold $3,100 0.0% $1 / Sq Ft
08/01/2017 08/01/17 Price Changed $3,100 -26.2% $1 / Sq Ft
07/19/2016 07/19/16 For Sale $4,200 -- $1 / 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 $8,400 $62,649 -- --
2024 $8,554 $61,530 -- --
2023 $8,554 $85,017 $29,818 $55,199
2022 $8,460 $85,348 $26,705 $58,643
2021 $8,914 $85,050 $27,468 $57,582
2020 $8,697 $80,694 $26,226 $54,468
2019 $8,635 $62,550 $24,246 $38,304
2018 $8,458 $57,744 $18,990 $38,754
2017 $8,131 $50,670 $18,990 $31,680
2016 $7,816 $45,432 $16,740 $28,692
2015 $8,866 $54,353 $14,430 $39,923
Source: Public Records

Agents Affiliated with this Home

  • Bryan Mortensen

    Seller's Agent in 2017

    Bryan Mortensen

    LRA Real Estate Group, LLC

    (602) 509-4835

    96 Total Sales

    Bryan Mortensen
    Section Image
  • Manuel Garcia

    Buyer Co-Listing Agent in 2017

    Manuel Garcia

    EMG Real Estate

    (562) 639-7430

    217 Total Sales

    Manuel Garcia
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5472522

Arizona Regional Multiple Listing Service (ARMLS)

APN: 119-32-107

Arizona Maricopa County Phoenix 85014

3335 N 16th St, Phoenix, AZ

This home is located at 3335 N 16th St, Phoenix, AZ 85016 since 19 July 2016 and is currently estimated at $664,332, approximately $120 per square foot. This property was built in 1981. 3335 N 16th St is a home located in Maricopa County with nearby schools including Loma Linda Elementary School, North High School, and Phoenix Coding Academy.

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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