NOT LISTED FOR SALE

3512 S Central Ave Phoenix, AZ 85040

South Mountain Neighborhood
Studio
-- Bath
1,029 Sq Ft
8,550 Sq Ft Lot

Last Sold November 20, 2018

Last sale price $116,000 $113 Per Sq Ft

140 Days on Market

Highlights

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

About This Home

As of November 2018

This is a great opportunity to acquire a rare C3 Zoned property just minutes from Downtown Phoenix with excellent frontage along Central Avenue near the future light rail stations at Rio Salado. Property has two block buildings on site with one that is habitable and the other that needs rehab. This is perfect for a owner occupant who operates a Taqueria, Art Studio, Bakery, Drive-in Restaurant, Plant Nursery, Live Entertainment Venue, Blacksmith, Cabinet Maker, Carpenters' Shops, Car Wash, Clothing Manufacturer, Commercial Radio or Television Tower or Transmitting Station, Auto Repair, Small Auto Lot/Dealership and many more potential uses under this commercial zoning. This is the most affordable C3 Lot with improvements in the City of Phoenix. Owner/Agent.

Last Agent to Sell the Property

Victor Vidales

RE/MAX Desert Showcase License #SA552425000 Listed on: 10/30/2018

RE/MAX Desert Showcase

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,165

Year Built

  • Built in 1950

Lot Details

  • 8,550 Sq Ft Lot
  • Chain Link Fence
  • Property is zoned C3

Parking

  • Private Parking

Home Design

  • Metal Roof
  • Block Exterior

Interior Spaces

  • 1,029 Sq Ft Home
  • Concrete Flooring

Utilities

  • Cooling Available
  • Heating Available
  • Septic Tank

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 113-03-063

Community Details

Overview

  • 2 Buildings
  • Building Dimensions are 143X51
  • Southside Sub Subdivision

Building Details

  • Operating Expense $1,165

Property Details

Property Type

Other

Est. Annual Taxes

$1,165

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: BROADWAY & CENTRAL
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1950
  • Tax Year: 2017
  • Lot Size Acres: 0.2
  • Subdivision Name: SOUTHSIDE SUB
  • Structure Type: Commercial, Manufacturing, Distribution/Warehse
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 1029.0

Exterior Features

  • Fencing: Chain Link
  • Disclosures: None, Seller Prop Disc Stm
  • Construction Type: Block
  • Roof: Metal
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Private
  • Attached Garage: No
  • Parking Features Private Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Other, See Remarks, Office Evap
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes
  • Main Cooling Other: Yes

Lot Info

  • Lot Size: 143X51
  • Lot Size Sq Ft: 8550.0
  • Parcel #: 113-03-063

Multi Family

  • Annual Operating Expense: 1165.0

Tax Info

  • Tax Annual Amount: 1165.0
  • Tax Book Number: 113.00
  • Tax Lot: 3
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2021
Sold by
Galarza Yadira
Bought by
City Of Phoenix

Purchase Details

Listed on
Oct 30, 2018
Closed on
Nov 20, 2018
Sold by
Marquez Jose A and Galarza Yadira
Bought by
Galarza Yadira
Seller's Agent
Victor Vidales
RE/MAX Desert Showcase
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$130,000
Sold Price
$116,000
Premium/Discount to List
-$14,000
-10.77%

Purchase Details

Closed on
Sep 9, 2005
Sold by
Vidales Victor and Vidales Florentina
Bought by
South Downtown Properties Llc

Purchase Details

Closed on
Apr 29, 2005
Sold by
Erickson Leroy B and Erickson Pamala K
Bought by
Vidales Victor and Vidales Florentina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.99%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 15, 1997
Sold by
Erickson Leroy B and Erickson Pamala K
Bought by
Erickson Leroy B and Erickson Pamala K
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

Date Buyer Sale Price Title Company
City Of Phoenix -- Security Title Agency
Galarza Yadira -- Great American Title Agency
Galarza Yadira $116,000 Great American Title Agency
South Downtown Properties Llc -- --
Vidales Victor $125,000 Capital Title Agency Inc
Erickson Leroy B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vidales Victor $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2018 11/20/18 Sold $116,000 -7.2% $113 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
10/31/2018 10/31/18 Price Changed $125,000 -3.8% $121 / Sq Ft
10/30/2018 10/30/18 For Sale $130,000 0.0% $126 / Sq Ft
10/10/2018 10/10/18 Pending -- -- --
10/08/2018 10/08/18 Price Changed $130,000 -3.0% $126 / Sq Ft
10/01/2018 10/01/18 Price Changed $134,000 -3.6% $130 / Sq Ft
09/17/2018 09/17/18 Price Changed $139,000 -4.1% $135 / Sq Ft
09/04/2018 09/04/18 Price Changed $145,000 -2.7% $141 / Sq Ft
08/27/2018 08/27/18 Price Changed $149,000 -0.7% $145 / Sq Ft
08/17/2018 08/17/18 Price Changed $150,000 -5.7% $146 / Sq Ft
08/11/2018 08/11/18 Price Changed $159,000 -3.6% $155 / Sq Ft
07/31/2018 07/31/18 Price Changed $165,000 -2.9% $160 / Sq Ft
07/21/2018 07/21/18 Price Changed $170,000 -2.9% $165 / Sq Ft
07/18/2018 07/18/18 Price Changed $175,000 -5.4% $170 / Sq Ft
07/12/2018 07/12/18 Price Changed $185,000 -2.6% $180 / Sq Ft
07/02/2018 07/02/18 Price Changed $190,000 -2.6% $185 / Sq Ft
06/26/2018 06/26/18 For Sale $195,000 -- $190 / 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
2021 $1,298 $13,793 $8,056 $5,737
2020 -- $8,904 $6,201 $2,703
2019 -- $7,049 $4,916 $2,133
2018 -- $6,758 $4,558 $2,200
2017 -- $6,361 $4,744 $1,617
2016 -- $5,963 $4,439 $1,524
2015 -- $5,907 $4,545 $1,362
Source: Public Records

Agents Affiliated with this Home

  • Victor Vidales

    Seller's Agent in 2018

    Victor Vidales

    RE/MAX

    (602) 617-8293

    29 in this area

    83 Total Sales

    Victor Vidales
    Section Image

  • N

    Buyer's Agent in 2018

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5785423

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-03-063

Arizona Maricopa County Phoenix 85040 South Mountain

3512 S Central Ave, Phoenix, AZ

Not Listed for Sale

Other

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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