NOT LISTED FOR SALE

3550 E Indian School Rd Phoenix, AZ 85018

Camelback East Village Neighborhood

Estimated Value: $1,201,202

-- Bed
-- Bath
2,818 Sq Ft
$426/Sq Ft Est. Value

Last Sold March 21, 2013

Last sale price $275,000 $98 Per Sq Ft

Est. 337% increase in value since last sale

Current estimated payment $6,859/month

11 Days on Market

Highlights

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

About This Home

As of March 2013

Open Showroom/Display area with floor to ceiling windows for high visibility from Indian School Rd. Great exposure for retail - office - service uses with pole sign on property. Prior use as cell phone retail and service center. Property also available for lease (see MLS 4883790).

Last Agent to Sell the Property

Joel Gunning

West USA Realty License #BR115220000 Listed on: 02/04/2013

Last Buyer's Agent

Terrence Plas

The Terrence A Plas Co, Inc

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,557

Year Built

  • Built in 1966

Lot Details

  • 10,225 Sq Ft Lot
  • Chain Link Fence
  • Property is zoned C-2

Home Design

  • 2,818 Sq Ft Home
  • Built-Up Roof
  • Block Exterior

Flooring

  • Carpet
  • Concrete
  • Vinyl

Parking

  • 18 Open Parking Spaces
  • 18 Parking Spaces
  • Private Parking
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 170-30-168

Community Details

Overview

  • Building Dimensions are IRR
  • Palms Parkway 2 Subdivision

Additional Features

  • Showroom
  • Operating Expense $6,557

Property Details

Property Type

Other

Est. Annual Taxes

$6,557

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Cross Street: 36th St. and Indian School Rd.
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1966
  • Tax Year: 2012
  • Lot Size Acres: 0.23
  • Road Surface Type: Asphalt, Dedicated Street
  • Subdivision Name: Palms Parkway 2
  • Structure Type: Other (See Remarks), Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Vinyl, Concrete
  • Living Area: 2818.0

Exterior Features

  • Fencing: Chain Link
  • Disclosures: None
  • Construction Type: Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, Private Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 18.0
  • Total Parking Spaces: 18.0
  • General Property Description:Uncvrd Parking Spcs: 18.0
  • General Property Description:Total Parking Spcs: 18.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: Master Meter, SRP
  • Cooling: Central A/C
  • Heating: Electric
  • Green Building Features: Showroom
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Electric Master Meter: Yes

Association/Amenities

  • Amenities:Showroom: Yes

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 10225.0
  • Parcel #: 170-30-168
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 6557.0
  • Leasable Area: 2818.0

Tax Info

  • Tax Annual Amount: 6557.0
  • Tax Book Number: 170.00
  • Tax Lot: 1
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2020
Sold by
Jay Olson Beauty Pllc
Bought by
3550 Holdings Llc
Current Estimated Value
$1,201,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,900
Outstanding Balance
$516,328
Interest Rate
3.6%
Mortgage Type
Small Business Administration
Estimated Equity
$684,874

Purchase Details

Closed on
Sep 4, 2018
Sold by
Tap Indian School Llc
Bought by
Jay Olson Beauty Pllc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Feb 4, 2013
Closed on
Mar 15, 2013
Sold by
Korkis Rwaida
Bought by
Tap Indian School Llc
Seller's Agent
Joel Gunning
West USA Realty
Buyer's Agent
Terrence Plas
The Terrence A Plas Co, Inc
List Price
$299,000
Sold Price
$275,000
Premium/Discount to List
-$24,000
-8.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.21%
Original Mortgage
$179,000
Interest Rate
3.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 28, 1998
Sold by
Kerzner Mark
Bought by
Korkis & Reis Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.82%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 29, 1997
Sold by
Kerzner Louis
Bought by
Kerzner Mark and The Kerzner Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
3550 Holdings Llc -- Clear Title Agency Of Az
Jay Olson Beauty Pllc $700,000 First American Title Insuran
Tap Indian School Llc $275,000 Fidelity National Title
Korkis & Reis Llc $235,000 Security Title Agency
Kerzner Mark -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3550 Holdings Llc $581,900
Previous Owner Jay Olson Beauty Pllc $450,000
Previous Owner Tap Indian School Llc $179,000
Previous Owner Korkis & Reis Llc $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2013 03/21/13 Sold $275,000 -8.0% $98 / Sq Ft
02/04/2013 02/04/13 Pending -- -- --
01/24/2013 01/24/13 For Sale $299,000 -- $106 / 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 $7,019 $51,967 -- --
2024 $7,095 $51,039 -- --
2023 $7,095 $74,698 $55,046 $19,652
2022 $7,017 $64,663 $46,568 $18,095
2021 $7,394 $66,492 $47,898 $18,594
2020 $7,214 $58,590 $40,194 $18,396
2019 $7,163 $56,142 $38,268 $17,874
2018 $7,016 $52,056 $34,722 $17,334
2017 $6,745 $47,862 $31,410 $16,452
2016 $6,484 $43,902 $28,746 $15,156
2015 $6,199 $37,148 $23,532 $13,616
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Joel Gunning

    West USA Realty

  • T

    Buyer's Agent in 2013

    Terrence Plas

    The Terrence A Plas Co, Inc

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4883742

Arizona Regional Multiple Listing Service (ARMLS)

APN: 170-30-168

Arizona Maricopa County Phoenix 85018 Camelback East Village

3550 E Indian School Rd, 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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