NOT LISTED FOR SALE

346 E Thomas Rd Phoenix, AZ 85012

Midtown Phoenix Neighborhood
-- Bed
-- Bath
1,200 Sq Ft
7,161 Sq Ft Lot

Last Sold October 05, 2020

Last sale price $1,600 $1 Per Sq Ft

187 Days on Market

Highlights

  • Central Air
  • Vinyl Flooring
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of October 2020

Freestanding office building in Central Phoenix. Reception area with open office concept, private office, restroom and storage. Separate entrance for staff. All new paint and flooring throughout. Convenient access with private parking. Minimum 12 month lease required. Easy terms. Move-in ready!

Last Agent to Sell the Property

Randy Erwin

Century 21 Arizona Foothills License #SA639091000 Listed on: 04/01/2020

Century 21 Arizona Foothills

Co-Listed By

Celeste Hernandez

Century 21 Arizona Foothills License #SA681156000

Last Buyer's Agent

Cristina Parra

My Home Group Real Estate License #SA658849000

My Home Group Real Estate

Property Details

Property Type

  • Other

Year Built

  • Built in 1953

Lot Details

  • 7,161 Sq Ft Lot
  • Property is zoned R-5

Parking

  • Public Parking

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Vinyl Flooring

Utilities

  • Central Air
  • Heating Available

Community Details

  • Mayfair Subdivision

Listing and Financial Details

  • Property Available on 4/1/20
  • Tenant pays for trash collection, electricity, gas, water, sewer, contents insurance, common area maintenance, parking area maint
  • The owner pays for property taxes, exterior maint, bldg liability ins, fire insurance-bldg
  • Tax Lot 2
  • Assessor Parcel Number 118-21-067-B

Property Details

Property Type

Other

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Cross Street: 7th St & Thomas Rd
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Lease
  • Zoning: R-5
  • Number Of Buildings: 1
  • Lease Info Annual Lease Price: 21600.0
  • Lease Info Annual Lse Prc P S F: 18.0
  • Lease Info Base Rent Escalation: No
  • Lease Info Lease Year Min Max: 1-2
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 1200
  • Year Built: 1953
  • Tax Year: 2019
  • Directions: From Central & Thomas Rd, East on Thomas to property on north side of street
  • Lot Size Acres: 0.16
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Co List Office Mls Id: cere104
  • Co List Office Phone: 480-505-4646
  • Subdivision Name: MAYFAIR
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Vinyl

Exterior Features

  • Disclosures: None
  • Construction Type: Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Public Parking
  • Attached Garage: No
  • Parking:Public Parking: Yes
  • Tenant Pays:Parking Area Maint: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 7161.0
  • Additional Parcels: No
  • Parcel #: 118-21-067-B
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2020-04-01

Multi Family

  • Owner Pays: Property Taxes, Exterior Maint, Bldg Liability Ins, Fire Insurance-Bldg
  • Tenant Pays: Trash Collection, Electricity, Gas, Water, Sewer, Contents Insurance, Common Area Maintenance, Parking Area Maint
  • Existing Lease Type: Gross, Deposit Required
  • Leasable Area: 1200.0

Tax Info

  • Tax Annual Amount: 2892.0
  • Tax Book Number: 118.00
  • Tax Lot: 2
  • Tax Map Number: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2021
Sold by
Tempe Public Market Llc
Bought by
Suncor Partners Thomas Office Llc

Purchase Details

Closed on
Apr 27, 2021
Sold by
Mcp Southwest Holdings Limited Partnersh
Bought by
Tempe Public Market Llc

Purchase Details

Closed on
Mar 21, 2011
Sold by
Pike Michael C
Bought by
Pike Michael C and Pike Sandra Saoud

Purchase Details

Closed on
May 11, 2007
Sold by
Miller Kevin R
Bought by
Pike Michael

Purchase Details

Closed on
Aug 19, 2005
Sold by
J Mcdonald & Co Ltd
Bought by
Miller Kevin R and Pike Michael C
Source: Public Records

Range of Values:

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Average Value
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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
Suncor Partners Thomas Office Llc -- None Available
Tempe Public Market Llc $1,100,000 None Available
Pike Michael C -- None Available
Pike Michael $350,000 None Available
Miller Kevin R $700,000 Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2020 10/05/20 Sold $1,600 -11.1% $1 / Sq Ft
10/02/2020 10/02/20 For Sale $1,800 +12.5% $2 / Sq Ft
10/01/2020 10/01/20 Off Market $1,600 -- --
03/31/2020 03/31/20 For Sale $1,800 -- $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 $2,910 $22,488 -- --
2024 $2,897 $22,087 -- --
2023 $2,897 $74,290 $64,702 $9,588
2022 $2,965 $60,900 $52,080 $8,820
2021 $3,102 $63,972 $53,568 $10,404
2020 $3,023 $52,866 $44,118 $8,748
2019 $2,892 $30,132 $17,334 $12,798
2018 $2,796 $29,592 $16,056 $13,536
2017 $2,567 $17,514 $11,736 $5,778
2016 $2,477 $16,308 $10,962 $5,346
2015 $2,476 $16,706 $11,304 $5,402
Source: Public Records

Agents Affiliated with this Home

  • Randy Erwin

    Seller's Agent in 2020

    Randy Erwin

    Century 21 Arizona Foothills

    (602) 418-1116

    2 in this area

    41 Total Sales

    Randy Erwin
    Section Image

  • C

    Seller Co-Listing Agent in 2020

    Celeste Hernandez

    Century 21 Arizona Foothills

  • Cristina Parra

    Buyer's Agent in 2020

    Cristina Parra

    My Home Group

    (602) 330-1958

    1 in this area

    5 Total Sales

    Cristina Parra
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6059457

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-21-067B

Arizona Maricopa County Phoenix 85004 Midtown Phoenix

346 E Thomas Rd, Phoenix, AZ

This home is located at 346 E Thomas Rd, Phoenix, AZ 85012 since 01 April 2020. This property was built in 1953. 346 E Thomas Rd is a home located in Maricopa County with nearby schools including Longview Elementary School, Osborn Middle 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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