NOT LISTED FOR SALE

3909 N 16th St Phoenix, AZ 85016

Estimated Value: $733,259

-- Bed
-- Bath
2,639 Sq Ft
$278/Sq Ft Est. Value

Last Sold April 24, 2020

Last sale price $470,000 $178 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,847/month

40 Days on Market

Highlights

  • Gated Community
  • Community Kitchen
  • Concrete Flooring
  • Phoenix Coding Academy Rated A
  • Central Air

About This Home

As of April 2020

RARE STAND ALONE OFFICE BUILDING FOR SALE, with Frontage on 16th street in BOOMING/HOT PHOENIX LOCATION with a rare open garden/BBQ outdoor patio not usually not seen in commercial. Ceiling opened up near entry of property to add open feel. Building ~2,639 sq/ft, land~ 15,601 sq/ft with 10 covered parking spaces, and ample uncovered parking spaces. The Property is located in a high density, high traffic area with many commercial users nearby including office, retail, and restaurants. Property approximately around 0.25 miles from the 51 freeway, and is in close proximity to downtown Phoenix, the airport. **Buyer to verify all facts, measurements, and information. Seller makes no representation or warranties. **DO NOT DISTURB OWNER ** Please call/text listing agent for tours / questions

Last Agent to Sell the Property

Jason Miszuk

Realty ONE Group License #SA562932000 Listed on: 04/23/2020

Co-Listed By

Daniel Carroll

Realty ONE Group License #SA639590000

Last Buyer's Agent

Kevin Mitchell

Kaide Real Estate Advisors License #BR665433000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,880

Year Built

  • Built in 1967

Lot Details

  • 0.36 Acre Lot
  • Block Wall Fence
  • Property is zoned C-2

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 2,639 Sq Ft Home
  • Concrete Flooring

Parking

  • 19 Open Parking Spaces
  • 29 Parking Spaces
  • 10 Covered Spaces
  • Private Parking
  • Paved Parking

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 119-29-067-F

Community Details

Overview

  • Building Dimensions are IRR
  • Strong Infill Location Subdivision

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Additional Features

  • Operating Expense $9,880
  • Gated Community

Property Details

Property Type

Other

Est. Annual Taxes

$9,880

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Cross Street: 16th St and Indian School
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1967
  • Tax Year: 2018
  • Directions: From 51 head West on Indian School, then Left on 16th street and head South. The Building on the left hand side.
  • Lot Size Acres: 0.36
  • Road Surface Type: Asphalt, Dedicated Street
  • Co List Office Mls Id: reog08
  • Co List Office Phone: 602-953-4000
  • Subdivision Name: Strong Infill Location
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: F
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 2639.0

Exterior Features

  • Fencing: Block, None
  • Disclosures: ALTA Survey Availbl
  • Construction Type: Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 10.0
  • Parking Features: Paved Parking, Private Parking
  • Attached Garage: No
  • Open Parking Spaces: 19.0
  • Total Parking Spaces: 29.0
  • General Property Description:Covered Parking Spcs: 10.0
  • General Property Description:Uncvrd Parking Spcs: 19.0
  • General Property Description:Total Parking Spcs: 29.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C, Office Evap
  • Heating: Heat Pump
  • Green Building Features: Conference Room, Reception Room, Kitchen, Security Gate
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Association/Amenities

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

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 15601.0
  • Parcel #: 119-29-067-F
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 9880.2
  • Leasable Area: 2639.0

Tax Info

  • Tax Annual Amount: 9880.2
  • Tax Book Number: 119.00
  • Tax Lot: 0
  • Tax Map Number: 29.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2020
Closed on
Apr 24, 2020
Sold by
City Of Phoenix Clerical & Pre Professio
Bought by
3909 N16 Llc
Seller's Agent
Jason Miszuk
Realty ONE Group
Buyer's Agent
Kevin Mitchell
Kaide Real Estate Advisors
List Price
$490,000
Sold Price
$470,000
Premium/Discount to List
-$20,000
-4.08%
Total Days on Market
40
Current Estimated Value
$733,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,259
Avg. Annual Appreciation
8.58%
Original Mortgage
$352,500
Interest Rate
3.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 13, 2006
Sold by
Afscme Local 2960
Bought by
Afscme Local 2960

Purchase Details

Closed on
May 2, 2003
Sold by
Lavallee Bruce R and Lavallee Wendy L
Bought by
Afscme Local 2960

Purchase Details

Closed on
Nov 27, 2002
Sold by
Lavallee Bruce R and Lavallee Wendy L
Bought by
Afscme Local 2960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.12%
Mortgage Type
Commercial
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
3909 N16 Llc $470,000 Commonwealth Title
Afscme Local 2960 -- None Available
Afscme Local 2960 -- --
Afscme Local 2960 $200,000 Land Title Agency Of Az Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 3909 N16 Llc $352,500
Previous Owner Afscme Local 2960 $70,000
Previous Owner Afscme Local 2960 $50,000
Previous Owner Afscme Local 2960 $203,500
Previous Owner Afscme Local 2960 $170,000
Previous Owner Lavallee Bruce R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2020 04/24/20 Sold $470,000 -4.1% $178 / Sq Ft
04/23/2020 04/23/20 For Sale $490,000 0.0% $186 / Sq Ft
04/23/2020 04/23/20 Price Changed $490,000 0.0% $186 / Sq Ft
01/13/2020 01/13/20 For Sale $490,000 -- $186 / 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 $10,207 $76,127 -- --
2024 $10,394 $74,767 -- --
2023 $10,394 $107,100 $47,974 $59,126
2022 $10,280 $108,763 $44,345 $64,418
2021 $10,831 $108,450 $45,612 $62,838
2020 $10,567 $99,900 $44,784 $55,116
2019 $10,493 $79,830 $41,382 $38,448
2018 $10,277 $72,216 $31,338 $40,878
2017 $9,880 $61,128 $31,338 $29,790
2016 $9,498 $55,206 $26,640 $28,566
2015 $10,283 $62,327 $21,849 $40,478
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6023870

Arizona Regional Multiple Listing Service (ARMLS)

APN: 119-29-067F