NOT LISTED FOR SALE

380 E Virginia Ave Phoenix, AZ 85004

Alvarado Historic District Neighborhood

Estimated Value: $656,711

Studio
-- Bath
2,078 Sq Ft
$316/Sq Ft Est. Value

Last Sold September 01, 2015

Last sale price $315,000 $152 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $4,036/month

238 Days on Market

Highlights

  • Central Air
  • Partially Fenced Property
  • Heating Available
  • Phoenix Coding Academy Rated A

About This Home

As of September 2015

MEDICAL OFFICE FOR SALE IN DOWNTOWN PHOENIX!!! Perfect for Owner/User. Building and monument signage available on Virginia Avenue. Fully built-out medical suite. Large waiting room, 4 exam rooms with plumbing, 2 restrooms, and 2 private physician offices with exterior exits. Zoning: R-5. Includes many technical amenities such as 8 conductor silver strand wiring for Unix system and coaxial Novell Ethernet. Property has 19 parking spaces, 10 of which are covered. Property has beautiful courtyard with fountain and sitting area. Located close to Good Samaritan and St. Joseph's Hospitals, as well as visibility on Virginia Avenue.

Last Agent to Sell the Property

David Genovese

Avison Young License #BR032969000 Listed on: 10/13/2014

Last Buyer's Agent

David Genovese

Avison Young License #BR032969000 Listed on: 10/13/2014

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,013

Year Built

  • Built in 1982

Lot Details

  • 0.31 Acre Lot
  • Partially Fenced Property
  • Property is zoned R-5

Home Design

  • 2,078 Sq Ft Home
  • Wood Frame Construction
  • Block Exterior

Parking

  • 9 Open Parking Spaces
  • 19 Parking Spaces
  • 10 Covered Spaces

Utilities

  • Central Air
  • Heating Available

Community Details

  • Ormes Add Subdivision

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 118-45-083

Property Details

Property Type

Other

Est. Annual Taxes

$2,013

Year Built

Built in 1982

Lot Details

0.31 Acres

Listing Details

  • Cross Street: W/NWC E. Virginia Avenue & N. 7th Street
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: R-5
  • Current Use: Medical/Dental, Office
  • Number Of Buildings: 1
  • Year Built: 1982
  • Tax Year: 6909
  • Lot Size Acres: 0.31
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: Ormes Add
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other

Exterior Features

  • Fencing: Partial
  • Construction Type: Frame - Wood, Block
  • Roof: Other, See Remarks
  • Construction:Block: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Total Covered Spaces: 10.0
  • Open Parking Spaces: 9.0
  • Total Parking Spaces: 19.0
  • General Property Description:Covered Parking Spcs: 10.0
  • General Property Description:Uncvrd Parking Spcs: 9.0
  • General Property Description:Total Parking Spcs: 19.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • 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: 13565.0
  • Additional Parcels: No
  • Parcel #: 118-45-083
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Leasable Area: 2078.0

Tax Info

  • Tax Annual Amount: 2013.0
  • Tax Book Number: 118.00
  • Tax Lot: 32
  • Tax Map Number: 45.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2025
Sold by
Juzora Inc and Singh Jujhar
Bought by
380 E Virginia Ave Llc and Gill
Current Estimated Value
$656,711

Purchase Details

Closed on
Apr 11, 2016
Sold by
Patterson E Arthur
Bought by
Juzora Inc

Purchase Details

Closed on
Jan 19, 2016
Sold by
Patterson Commercial Property Llc
Bought by
Patterson E Arthur and The Dr E Arthur Patterson & Pa

Purchase Details

Listed on
Oct 13, 2014
Closed on
Aug 31, 2015
Sold by
Larocque Properties Llc
Bought by
Patterson Commercial Property Llc
Seller's Agent
David Genovese
Avison Young
Buyer's Agent
David Genovese
Avison Young
List Price
$350,000
Sold Price
$315,000
Premium/Discount to List
-$35,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%
Original Mortgage
$320,000
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 14, 2009
Sold by
Cit Lending Services Corporation
Bought by
Larocque Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,300
Interest Rate
4.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 11, 2009
Sold by
Gonzalez Hector V
Bought by
Cit Lending Services Corporation

Purchase Details

Closed on
Nov 13, 2007
Sold by
Gonzalez Hector V
Bought by
Hpg Family Lp

Purchase Details

Closed on
Mar 30, 2007
Sold by
Gonzalez Peggy J
Bought by
Gonzalez Hector V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
6.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 21, 2007
Sold by
Henry Charles H
Bought by
Gonzalez Hector V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
6.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 4, 2006
Sold by
Nichter Cynthia J
Bought by
Henry Charles H

Purchase Details

Closed on
Mar 19, 1999
Sold by
The Mclaren Family Llp
Bought by
Henry Charles H and Nichter Cynthia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.91%
Mortgage Type
Commercial
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
380 E Virginia Ave Llc -- None Listed On Document
Juzora Inc $335,000 First Arizona Title Agency
Patterson E Arthur -- None Available
Patterson Commercial Property Llc $315,000 Security Title Agency Inc
Larocque Properties Llc $290,000 Fidelity Natl Title Ins Co
Cit Lending Services Corporation $389,000 None Available
Hpg Family Lp -- None Available
Gonzalez Hector V -- Lawyers Title Insurance Corp
Gonzalez Hector V $560,000 Lawyers Title Insurance Corp
Henry Charles H -- None Available
Henry Charles H $240,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patterson Commercial Property Llc $320,000
Previous Owner Larocque Properties Llc $276,300
Previous Owner Gonzalez Hector V $532,000
Previous Owner Gonzalez Hector V $532,000
Previous Owner Henry Charles H $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2015 09/01/15 Sold $315,000 -10.0% $152 / Sq Ft
06/08/2015 06/08/15 Pending -- -- --
10/13/2014 10/13/14 For Sale $350,000 -- $168 / 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 $7,429 $57,207 -- --
2024 $7,369 $56,185 -- --
2023 $7,369 $82,569 $40,970 $41,599
2022 $7,543 $67,778 $28,280 $39,498
2021 $7,890 $69,732 $29,088 $40,644
2020 $7,691 $62,154 $25,218 $36,936
2019 $7,357 $56,880 $24,894 $31,986
2018 $7,114 $45,738 $23,040 $22,698
2017 $7,002 $49,500 $24,012 $25,488
2016 $6,755 $44,478 $22,428 $22,050
2015 $6,480 $43,716 $22,385 $21,331
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    David Genovese

    Avison Young

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5184638

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-45-083

Arizona Maricopa County Phoenix 85004 Alvarado Historic District

380 E Virginia 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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