NOT LISTED FOR SALE

Estimated Value: $883,569

-- Bed
-- Bath
3,090 Sq Ft
$286/Sq Ft Est. Value

Last Sold August 27, 2019

Last sale price $62,706 $20 Per Sq Ft

Est. 1,309% increase in value since last sale

Current estimated payment $5,722/month

594 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of August 2019

Nicely appointed professional office space in Downtown Phoenix. Includes reception area, large conference room, seven offices, bullpen area, storage room, kitchen, and two restrooms. Parking lot in the back has eight marked spots, in addition to the street parking out front. Close to courts and municipal buildings, restaurants, ASU Downtown, Roosevelt Row, and all Downtown has to offer. Just a couple of blocks to the light rail.

Last Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 08/27/2019

Co-Listed By

Jason Butler

R.O.I. Properties License #BR545613000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 1964

Lot Details

  • 7,840 Sq Ft Lot
  • Property is zoned DTC-VANB

Home Design

  • 3,090 Sq Ft Home

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Public Parking
  • Paved Parking

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • La Villa Place Subdivision

Listing and Financial Details

  • Property Available on 12/8/17
  • Tax Lot 18
  • Assessor Parcel Number 111-41-045

Property Details

Property Type

Other

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Legal Info Range: 3E
  • Property Type: Comm/Industry Lease
  • Zoning: DTC-VANB
  • Lease Info Annual C A M Sq Ft: 1.0
  • Lease Info Annual Exp Stop Sq Ft: 1.0
  • Lease Info Annual Lease Price: 36307.5
  • Lease Info Annual Lse Prc P S F: 11.75
  • Lease Info Base Rent Escalation: No
  • Lease Info Lease Year Min Max: 1+
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 3090
  • Year Built: 1964
  • Tax Year: 2016
  • Lot Size Acres: 0.18
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Subdivision Name: LA VILLA PLACE
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 3090.0

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Other
  • Roof: Other

Garage/Parking

  • Parking Features: Parking Lot, Paved
  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Total Parking Spaces: 8.0
  • General Property Description:Uncvrd Parking Spcs: 8.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking Features:Paved: Yes
  • Parking Features Public Parking2: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other, See Remarks
  • Main Cooling Other: Yes

Lot Info

  • Lot Size Sq Ft: 7840.0
  • Additional Parcels: No
  • Parcel #: 111-41-045

Rental Info

  • Available Date: 2017-12-08

Multi Family

  • Owner Pays: Other
  • Existing Lease Type: NNN
  • Leasable Area: 3090.0

Tax Info

  • Tax Annual Amount: 12109.0
  • Tax Book Number: 111.00
  • Tax Lot: 18
  • Tax Map Number: 41.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2015
Sold by
Flores Albert M and Flores Linda S
Bought by
Venshur Llc
Current Estimated Value
$883,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Outstanding Balance
$321,477
Interest Rate
3.86%
Mortgage Type
Seller Take Back
Estimated Equity
$562,092

Purchase Details

Closed on
May 10, 2001
Sold by
Flores Albert M
Bought by
Flores Albert M and Flores Linda S
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
Venshur Llc $425,000 Chicago Title Agency Inc
Flores Albert M -- Grand Canyon Title Agency In
Flores Albert M -- Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Venshur Llc $410,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2019 08/27/19 Sold $62,706 +1972.9% $20 / Sq Ft
08/27/2019 08/27/19 For Sale $3,025 -95.2% $1 / Sq Ft
08/05/2019 08/05/19 Off Market $62,706 -- --
06/13/2019 06/13/19 Price Changed $3,025 -6.0% $1 / Sq Ft
04/03/2019 04/03/19 For Sale $3,219 -94.9% $1 / Sq Ft
04/01/2019 04/01/19 Off Market $62,706 -- --
10/23/2018 10/23/18 For Sale $3,219 -94.9% $1 / Sq Ft
10/17/2018 10/17/18 Off Market $62,706 -- --
12/06/2017 12/06/17 For Sale $3,219 -- $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 $12,229 $88,671 -- --
2024 $12,477 $87,088 -- --
2023 $12,477 $118,337 $102,714 $15,623
2022 $12,387 $114,906 $83,248 $31,658
2021 $12,645 $108,414 $85,626 $22,788
2020 $12,792 $99,684 $45,540 $54,144
2019 $12,771 $77,004 $42,552 $34,452
2018 $12,553 $71,208 $39,510 $31,698
2017 $12,261 $67,518 $39,510 $28,008
2016 $12,109 $69,786 $50,004 $19,782
2015 $11,515 $70,393 $49,895 $20,498
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5696830

Arizona Regional Multiple Listing Service (ARMLS)

APN: 111-41-045