NOT LISTED FOR SALE

Estimated Value: $428,050

-- Bed
1 Bath
1,346 Sq Ft
$318/Sq Ft Est. Value

Last Sold February 15, 2018

Last sale price $237,000 $176 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,542/month

58 Days on Market

Highlights

  • Community Kitchen
  • Phoenix Coding Academy Rated A
  • Central Air

About This Home

As of February 2018

High visibility R-5 free standing building close to the SE-51, Loop 202 and the I-10. Tenant is currently in place until November 30, 2020 with modified gross lease. The space is light and bright and thee is a North/South monument sign. Efficient layout with 4 (four) offices, reception area, conference room. kitchen and restroom. By Appt only

Last Agent to Sell the Property

Carolyn Lane

HomeSmart License #BR023292000 Listed on: 11/30/2017

HomeSmart

Last Buyer's Agent

Steve Hatsakorzian

The Biltmore Group LLC License #SA581808000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,651

Year Built

  • Built in 1950

Lot Details

  • 8,485 Sq Ft Lot
  • Chain Link Fence
  • Property is zoned R-5

Home Design

  • 1,346 Sq Ft Home
  • Composition Roof
  • Block Exterior
  • Stucco

Parking

  • 7 Open Parking Spaces
  • 7 Parking Spaces

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 119-04-050

Community Details

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Additional Features

  • South Earl Heights Subdivision
  • Net Operating Income $12,800

Property Details

Property Type

Other

Est. Annual Taxes

$2,651

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Cross Street: 24th Street and Indian School
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: R-5
  • Current Use: Office
  • Number Of Buildings: 1
  • Year Built: 1950
  • Tax Year: 2017
  • Directions: At 24th and Indian School go south to Clarendon and building is on the South East corner
  • Lot Size Acres: 0.19
  • Road Surface Type: Asphalt, Alley
  • Subdivision Name: SOUTH EARL HEIGHTS
  • Structure Type: Office
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: Chain Link
  • Construction Type: Stucco, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Open Parking Spaces: 7.0
  • Total Parking Spaces: 7.0
  • General Property Description:Uncvrd Parking Spcs: 7.0
  • General Property Description:Total Parking Spcs: 7.0
  • Parking:Free: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Central A/C
  • Heating: Natural Gas
  • Green Building Features: Conference Room, Reception Room, Kitchen
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes

Lot Info

  • Lot Size Sq Ft: 8485.0
  • Additional Parcels: No
  • Parcel #: 119-04-050
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 12800.0

Tax Info

  • Tax Annual Amount: 2651.0
  • Tax Book Number: 119.00
  • Tax Lot: 10
  • Tax Map Number: 4.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2017
Closed on
Feb 7, 2018
Sold by
Levitt Gwen and Levitt Gwen Allyson
Bought by
Sadeghi Farnaz and Farshid Sadeghi Investment Tru
Seller's Agent
Carolyn Lane
HomeSmart
Buyer's Agent
Steve Hatsakorzian
The Biltmore Group LLC
List Price
$270,000
Sold Price
$237,000
Premium/Discount to List
-$33,000
-12.22%
Current Estimated Value
$428,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,050
Avg. Annual Appreciation
8.09%

Purchase Details

Closed on
Jun 25, 2009
Sold by
Randall Paul L
Bought by
Levitt Gwen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.31%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 20, 1996
Sold by
Esteve Karla M
Bought by
Randall Paul L
Source: Public Records

Range of Values:

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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
Sadeghi Farnaz $237,000 Chicago Title Agency Inc
Levitt Gwen $240,000 Security Title Agency
Randall Paul L -- Capital Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Levitt Gwen Allyson $185,851
Previous Owner Levitt Gwen $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2018 02/15/18 Sold $237,000 -12.2% $176 / Sq Ft
11/30/2017 11/30/17 For Sale $270,000 -- $201 / 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 $2,739 $20,428 -- --
2024 $2,789 $20,063 -- --
2023 $2,789 $44,030 $31,093 $12,937
2022 $2,759 $41,913 $27,930 $13,983
2021 $2,906 $40,896 $28,728 $12,168
2020 $2,836 $39,816 $27,468 $12,348
2019 $2,816 $33,750 $25,398 $8,352
2018 $2,758 $29,646 $19,656 $9,990
2017 $2,651 $17,442 $8,730 $8,712
2016 $2,549 $14,814 $6,660 $8,154
2015 $2,730 $16,243 $7,955 $8,288
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5693235

Arizona Regional Multiple Listing Service (ARMLS)

APN: 119-04-050