NOT LISTED FOR SALE
Studio
-- Bath
4,410 Sq Ft
18,295 Sq Ft Lot

Last Sold October 17, 2017

Last sale price $505,000 $115 Per Sq Ft

186 Days on Market

Highlights

  • 0.42 Acre Lot
  • Central Air
  • Partially Fenced Property
  • Phoenix Coding Academy Rated A
  • Concrete Flooring
  • Heating Available

About This Home

As of October 2017

OFFICE FOR SPACE IN MIDTOWN!!! Beautiful urban interior. Good parking, including 21 parking spaces. 4 covered (1 handicap). Tinted concrete floors, exposed ductwork, slate tile wall, glass interior doors. 1/2 mile from Light Rail.

Last Agent to Sell the Property

David Genovese

Avison Young License #BR032969000 Listed on: 01/27/2017

Last Buyer's Agent

David Genovese

Avison Young License #BR032969000 Listed on: 01/27/2017

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $12,351

Year Built

  • Built in 1977

Lot Details

  • 0.42 Acre Lot
  • Partially Fenced Property
  • Property is zoned R-5

Home Design

  • Tilt Up Walls
  • Wood Frame Construction
  • Block Exterior
  • Metal Siding

Interior Spaces

  • 4,410 Sq Ft Home
  • Concrete Flooring

Parking

  • 15 Open Parking Spaces
  • 21 Parking Spaces
  • 6 Covered Spaces

Utilities

  • Central Air
  • Heating Available

Community Details

  • Baltimore Hts Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 118-46-005-N

Property Details

Property Type

Other

Est. Annual Taxes

$12,351

Year Built

Built in 1977

Lot Details

0.42 Acres

Listing Details

  • Cross Street: W/SWC N. 7th Street & E. Virginia Avenue
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: R-5
  • Current Use: Office
  • Number Of Buildings: 1
  • Year Built: 1977
  • Tax Year: 2016
  • Lot Size Acres: 0.42
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: BALTIMORE HTS
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: N
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Partial
  • Construction Type: Frame - Wood, Tilt-Up, Metal Siding, Block
  • Roof: Other, See Remarks
  • Construction:Block: Yes
  • Construction:Metal: Yes
  • Construction:Tilt-Up: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Total Covered Spaces: 6.0
  • Open Parking Spaces: 15.0
  • Total Parking Spaces: 21.0
  • General Property Description:Covered Parking Spcs: 6.0
  • General Property Description:Uncvrd Parking Spcs: 15.0
  • General Property Description:Total Parking Spcs: 21.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size Sq Ft: 18108.0
  • Additional Parcels: No
  • Parcel #: 118-46-005-N
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Leasable Area: 4410.0

Tax Info

  • Tax Annual Amount: 12351.0
  • Tax Book Number: 118.00
  • Tax Lot: 1
  • Tax Map Number: 46.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2017
Closed on
Oct 13, 2017
Sold by
345 East Virginia Avenue Llc
Bought by
Impa Continuum L L C
Seller's Agent
David Genovese
Avison Young
Buyer's Agent
David Genovese
Avison Young
List Price
$575,000
Sold Price
$505,000
Premium/Discount to List
-$70,000
-12.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,250
Outstanding Balance
$685,140
Interest Rate
3.82%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 23, 2013
Sold by
345 East Virginia Avenue Llc
Bought by
Arizona Public Service Company

Purchase Details

Closed on
Dec 10, 2012
Sold by
Washington Federal
Bought by
345 East Virginia Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
3.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 14, 2007
Sold by
Stem Development
Bought by
Tj Mcqueen Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,000
Interest Rate
6.35%
Mortgage Type
Commercial
Source: Public Records
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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
Impa Continuum L L C $505,000 Chicago Title Agency Inc
Arizona Public Service Company $61,000 Grand Canyon Title Agency In
345 East Virginia Avenue Llc $360,000 First American Title Ins Co
Tj Mcqueen Properties Llc $580,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Impa Continuum L L C $820,250
Previous Owner 345 East Virginia Avenue Llc $324,000
Previous Owner Tj Mcqueen Properties Llc $367,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2017 10/17/17 Sold $505,000 -12.2% $115 / Sq Ft
01/27/2017 01/27/17 For Sale $575,000 -- $130 / 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 $13,063 $91,959 -- --
2024 $12,939 $90,316 -- --
2023 $12,939 $129,234 $81,413 $47,821
2022 $12,847 $105,368 $63,718 $41,650
2021 $13,114 $112,860 $65,538 $47,322
2020 $13,266 $93,816 $42,318 $51,498
2019 $13,244 $88,974 $34,092 $54,882
2018 $13,018 $81,882 $30,438 $51,444
2017 $12,715 $72,054 $31,716 $40,338
2016 $12,351 $67,914 $29,628 $38,286
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5552743

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-46-005N

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