Seller's Agent in 2022
Carrick Sears
SVN/Desert Commercial Advisors
(602) 327-0325
1 in this area
19 Total Sales
3815 N 3rd St Phoenix, AZ 85012
Midtown Phoenix NeighborhoodEstimated Value: $408,021
Studio
--
Bath
1,585
Sq Ft
$257/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Central Air
- Heating Available
- Phoenix Coding Academy Rated A
About This Home
As of September 2022Fantastic location for this freestanding owner user office building complete with covered parking! This fixer upper allows a user to put their own custom touches on the property. The spacious 9,050 SF parcel near 3rd Street & Indian School with existing 1,585 SF office building has both alley accessed rear employee parking and front parking for customers. OPTION TWO: an investor could go through the rezoning process and build townhomes in the highly desirable Midtown submarket. Located just south of Indian Steele Park future tenants will enjoy easy walkable access to the park as well as a 7 min drive to lively Downtown Phoenix. An investor can expect to develop 9 townhomes, If the parcel is downzoned from C-2 to R-5 zoning. Lots of options here!
Last Agent to Sell the Property
SVN/Desert Commercial Advisors License #BR633405000 Listed on: 06/16/2022
Last Buyer's Agent
SVN/Desert Commercial Advisors License #BR633405000 Listed on: 06/16/2022
Property Details
Property Type
- Other
Est. Annual Taxes
- $5,554
Year Built
- Built in 1973
Lot Details
- 9,050 Sq Ft Lot
- Block Wall Fence
- Property is zoned c-2
Home Design
- Wood Frame Construction
- Composition Roof
Interior Spaces
- 1,585 Sq Ft Home
- Wood Flooring
Parking
- 10 Open Parking Spaces
- 16 Parking Spaces
- 6 Covered Spaces
Utilities
- Central Air
- Heating Available
- Master Water Meter
Community Details
- Thomas Place Subdivision
- Operating Expense $5,554
Listing and Financial Details
- Tax Lot 8
- Assessor Parcel Number 118-24-093
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 16, 2022
Closed on
Sep 7, 2022
Sold by
Orovan William A
Bought by
Sonoran Real Estate Llc
Seller's Agent
Carrick Sears
SVN/Desert Commercial Advisors
Buyer's Agent
Carrick Sears
SVN/Desert Commercial Advisors
List Price
$445,000
Sold Price
$415,000
Premium/Discount to List
-$30,000
-6.74%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,979
Avg. Annual Appreciation
-0.49%
Original Mortgage
$310,000
Outstanding Balance
$294,625
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$113,396
Purchase Details
Closed on
May 21, 1996
Sold by
Transcorp/Pension Service Inc
Bought by
Orovan William A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.01%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 19, 1994
Sold by
Bank One Arizona N A
Bought by
Transcorp
Purchase Details
Closed on
Sep 26, 1994
Sold by
The Valley National Bank Of Arizona
Bought by
Bank One
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sonoran Real Estate Llc | $415,000 | -- | |
| Orovan William A | $116,100 | First American Title | |
| Transcorp | $65,000 | Transamerica Title Ins Co | |
| Bank One | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sonoran Real Estate Llc | $310,000 | |
| Previous Owner | Orovan William A | $90,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/09/2022 09/09/22 | Sold | $415,000 | -6.7% | $262 / Sq Ft |
| 08/03/2022 08/03/22 | Pending | -- | -- | -- |
| 06/15/2022 06/15/22 | For Sale | $445,000 | -- | $281 / 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 | $5,229 | $40,266 | -- | -- |
| 2024 | $5,186 | $39,547 | -- | -- |
| 2023 | $5,186 | $94,707 | $70,601 | $24,106 |
| 2022 | $5,309 | $75,215 | $52,675 | $22,540 |
| 2021 | $5,554 | $81,468 | $54,180 | $27,288 |
| 2020 | $5,413 | $76,122 | $53,046 | $23,076 |
| 2019 | $5,178 | $52,002 | $21,546 | $30,456 |
| 2018 | $5,007 | $50,472 | $19,944 | $30,528 |
| 2017 | $4,597 | $47,412 | $20,772 | $26,640 |
| 2016 | $4,435 | $41,850 | $19,422 | $22,428 |
| 2015 | $4,237 | $28,583 | $19,370 | $9,213 |
Source: Public Records
Agents Affiliated with this Home
-
Carrick Sears
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6417815
APN: 118-24-093
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.
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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