NOT LISTED FOR SALE

Estimated Value: $880,173

Studio
-- Bath
5,598 Sq Ft
$157/Sq Ft Est. Value

Last Sold November 18, 2016

Last sale price $380,000 $68 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $5,097/month

343 Days on Market

Highlights

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

About This Home

As of November 2016

Prime Thomas Rd Frontage! This property is located near many amenities including HomeDepot, Walgreens, plenty of other shops and restaurants. Centrally located to freeways 51, 202 and 101. This could be the redevelopment opportunity you are looking for! The current building has 5,598 sf located on just under a half acre of land. Could be purchased with adjacent building and lot of approx. another half acre.

Last Agent to Sell the Property

Randy Fields

Berkshire Hathaway HomeServices Arizona Properties License #SA521368000 Listed on: 10/01/2015

Berkshire Hathaway HomeServices Arizona Properties

Co-Listed By

CJ Mavor

Berkshire Hathaway HomeServices Arizona Properties License #BR529157000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 1952

Lot Details

  • 0.44 Acre Lot
  • Additional Parcels
  • Property is zoned C-2

Home Design

  • Foam Roof
  • Block Exterior

Interior Spaces

  • 5,598 Sq Ft Home
  • Concrete Flooring

Parking

  • 16 Open Parking Spaces
  • 16 Parking Spaces

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 3 & 4
  • Assessor Parcel Number 127-22-006

Community Details

Overview

  • Building Dimensions are 100.31 x 194.41
  • Citrus Acres Lots 21 60 Subdivision

Building Details

  • Operating Expense $10,952

Property Details

Property Type

Other

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Cross Street: Thomas Rd. & 36th St.
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Current Use: Mixed Use, Retail, Office
  • Number Of Buildings: 1
  • Year Built: 1952
  • Tax Year: 2015
  • Lot Size Acres: 0.44
  • Road Surface Type: Asphalt, Alley
  • Co List Office Mls Id: praz04
  • Co List Office Phone: 480-505-6300
  • Subdivision Name: Citrus Acres Lots 21-60
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Other

Exterior Features

  • Fencing: Other, See Remarks
  • Construction Type: Block
  • Roof: Foam, Other, See Remarks
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 16.0
  • Total Parking Spaces: 16.0
  • General Property Description:Uncvrd Parking Spcs: 16.0
  • General Property Description:Total Parking Spcs: 16.0
  • Parking:Paved Parking: Yes

Utilities

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

Lot Info

  • Lot Size: 100.31 x 194.41
  • Lot Size Sq Ft: 19300.0
  • Additional Parcels: Yes
  • Parcel #: 127-22-006
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 10952.0

Tax Info

  • Tax Annual Amount: 10952.0
  • Tax Book Number: 127.00
  • Tax Lot: 3 & 4
  • Tax Map Number: 22.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2018
Sold by
2505 N 48Th Street Llc
Bought by
Sunshine Square Llc
Current Estimated Value
$880,173

Purchase Details

Closed on
Sep 9, 2016
Sold by
Garber Terry S
Bought by
2505 N 48Th St Llc
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
Sunshine Square Llc $480,000 Chicago Title Agency Inc
2505 N 48Th St Llc $380,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sunshine Square Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2016 11/18/16 Sold $380,000 -41.5% $68 / Sq Ft
09/07/2016 09/07/16 Pending -- -- --
09/30/2015 09/30/15 For Sale $650,000 -- $116 / 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 $6,199 $45,893 $45,893 --
2024 $5,897 $43,707 $43,707 --
2023 $5,897 $76,665 $76,665 $0
2022 $6,610 $134,803 $83,755 $51,048
2021 $6,965 $129,960 $86,148 $43,812
2020 $5,663 $118,440 $74,250 $44,190
2019 $12,655 $114,894 $70,722 $44,172
2018 $12,395 $106,110 $63,126 $42,984
2017 $11,916 $101,106 $57,114 $43,992
2016 $11,455 $90,738 $50,418 $40,320
2015 $10,952 $79,384 $42,458 $36,926
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5341873

Arizona Regional Multiple Listing Service (ARMLS)

APN: 127-22-006