NOT LISTED FOR SALE

3501 N 16th St Phoenix, AZ 85016

Central City Neighborhood

Estimated Value: $598,030

Studio
-- Bath
4,150 Sq Ft
$144/Sq Ft Est. Value

Sale Details

Date Sold: November 5, 2012

Last sale price $225,000 $54 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $3,809 / mo

63 Days on Market

Highlights

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

About This Home

As of November 2012

Versatile office space in the heart of Phoenix. Easy access to everything on a high visibility corridor. Each floor is easily converted into two separate leasable spaces. Each floor has multiple entrances from the outside and also men’s and women’s bathrooms on each level. Most of the parking is covered parking with additional street parking also available. Second floor is one contiguous space with a patio and main floor included a private meeting room, kitchen, storage, private offices, bathrooms, reception, and public work area. Interior staircase connects the two floors.

Last Agent to Sell the Property

Geoffrey Adams

Realty ONE Group License #BR627564000 Listed on: 08/24/2012

Last Buyer's Agent

Gregory Adams

Realty ONE Group License #SA635344000

Property Details

Property Type

  • Other

Year Built

  • Built in 1960

Lot Details

  • 8,575 Sq Ft Lot
  • Property is zoned C-2

Home Design

  • 4,150 Sq Ft Home
  • Wood Frame Construction

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 3 Open Parking Spaces
  • 8 Parking Spaces
  • 5 Covered Spaces
  • Private Parking

Utilities

  • Central Air
  • Heating Available

Community Details

  • Operating Expense $5,766

Listing and Financial Details

  • Assessor Parcel Number 119-30-067

Property Details

Property Type

Other

Year Built

Built in 1960

Lot Details

8,575 Sq Ft Lot

Listing Details

  • Cross Street: 16TH ST / WHITTON AVE
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 1
  • Year Built: 1960
  • Tax Year: 2011
  • Lot Size Acres: 0.2
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Living Area: 4150.0

Exterior Features

  • Fencing: Block
  • Construction Type: Frame - Wood
  • Roof: Rolled/Hot Mop
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Private Parking
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 8.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 8.0
  • Parking:Private Parking: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 8575.0
  • Parcel #: 119-30-067
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 5766.0

Tax Info

  • Tax Annual Amount: 5766.0
  • Tax Book Number: 119.00
  • Tax Lot: 0
  • Tax Map Number: 30.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2012
Closed on
Dec 27, 2012
Sold by
Bought by
Seller's Agent
Geoffrey Adams
Realty ONE Group
Buyer's Agent
Gregory Adams
Realty ONE Group
List Price
$299,000
Sold Price
$225,000
Premium/Discount to List
-$74,000
-24.75%
Current Estimated Value
$598,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,030
Avg. Annual Appreciation
7.41%
Original Mortgage
$225,000
Interest Rate
0.0327%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Aug 24, 2012
Closed on
Oct 25, 2012
Sold by
Bought by
Seller's Agent
Geoffrey Adams
Realty ONE Group
Buyer's Agent
Gregory Adams
Realty ONE Group
List Price
$299,000
Sold Price
$225,000
Premium/Discount to List
-$74,000
-24.75%

Purchase Details

Closed on
Oct 29, 2011
Sold by
Bought by

Purchase Details

Closed on
Oct 26, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
0.0629%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
0.0698%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$225,900 Old Republic Title Agency
$225,000 First American Title Ins Co
$408,700 None Available
-- Empire Title Agency Of Arizo
$315,000 Title Guaranty Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $229,768
Closed $225,000
Closed $680,000
Closed $325,000
Closed $215,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/05/2012 11/05/12 Sold $225,000 -24.7% $54 / Sq Ft
10/25/2012 10/25/12 Pending -- -- --
08/23/2012 08/23/12 For Sale $299,000 -- $72 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 -- $42,536 -- --
2024 -- $40,511 -- --
2023 $0 $83,100 $29,115 $53,985
2022 $0 $74,520 $25,410 $49,110
2021 $0 $74,460 $25,410 $49,050
2020 $0 $73,155 $24,315 $48,840
2019 $5,212 $67,545 $19,350 $48,195
2018 $0 $62,505 $14,865 $47,640
2017 $4,907 $52,185 $14,865 $37,320
2016 $0 $48,735 $13,065 $35,670
2015 -- $44,896 $12,448 $32,448
Source: Public Records

Agents Affiliated with this Home

  • Geoffrey Adams

    Seller's Agent in 2012

    Geoffrey Adams

    Realty One Group

    (480) 405-1705

    3 in this area

    297 Total Sales

    Geoffrey Adams
    Section Image

  • G

    Buyer's Agent in 2012

    Gregory Adams

    Realty One Group

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4808550

Arizona Regional Multiple Listing Service (ARMLS)

APN: 119-30-067

Arizona Maricopa County Phoenix 85014 Central City

3501 N 16th St, Phoenix, AZ

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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