NOT LISTED FOR SALE

4001 S 16th St Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $489,258

-- Bed
-- Bath
2,620 Sq Ft
$187/Sq Ft Est. Value

Last Sold February 27, 2024

Last sale price $485,000 $185 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,136/month

6 Days on Market

Highlights

  • 0.88 Acre Lot
  • Community Kitchen
  • Central Air
  • Phoenix Coding Academy Rated A
  • Ceramic Tile Flooring
  • Heat Pump System

About This Home

As of February 2024

Unique opportunity on 16th Street south of the Salt River. Currently occupied as a church with numerous options for use - was former retail use. Please note that this parcel is zoned both C3 (frontage) and R3 (multi-family in back of parcel).
All storage trailers in the back will be removed prior to Close of Escrow.

Last Agent to Sell the Property

Rick Padelford

Realty Executives Arizona Territory License #SA030962000 Listed on: 11/17/2023

Realty Executives Arizona Territory

Last Buyer's Agent

Jim McCabe

Fathom Realty Elite License #SA016183000

Fathom Realty Elite

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,484

Year Built

  • Built in 1980

Lot Details

  • 0.88 Acre Lot
  • Property fronts an alley
  • Chain Link Fence
  • Property is zoned C3

Home Design

  • 2,620 Sq Ft Home
  • Block Exterior

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces
  • Private Parking
  • Free Parking

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 122-30-147-A

Community Details

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Building Details

  • Operating Expense $6,484

Property Details

Property Type

Other

Est. Annual Taxes

$6,484

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: 16th St and Broadway
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1980
  • Tax Year: 2023
  • Directions: 16th Street - From Broadway go North appox. 1/4 mile on the east side of 16th.
  • Lot Size Acres: 0.88
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: N/A
  • Structure Type: Other (See Remarks), Commercial, Office
  • Tax Parcel Letter: A
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Living Area: 2620.0

Exterior Features

  • Fencing: Chain Link
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Other, Block
  • Roof: Other
  • Construction:Other (See Remarks)23: Yes
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Private, Free
  • Attached Garage: No
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 20.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 20.0
  • Parking Features Private Parking: Yes
  • Parking Features Free: Yes

Utilities

  • Electric: APS
  • Cooling: Central Air
  • Heating: Heat Pump
  • Green Building Features: Conference Room, Reception Room, Kitchen
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Association/Amenities

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

Lot Info

  • Lot Size Sq Ft: 38333.0
  • Parcel #: 122-30-147-A

Multi Family

  • Annual Operating Expense: 6484.0

Tax Info

  • Tax Annual Amount: 6484.0
  • Tax Book Number: 122.00
  • Tax Lot: n/a
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2023
Closed on
Mar 1, 2024
Sold by
Fong And Sing Family Trust
Bought by
Green Zone Properties Llc
Seller's Agent
Rick Padelford
Realty Executives Arizona Territory
Buyer's Agent
Jim McCabe
Fathom Realty Elite
List Price
$575,000
Sold Price
$485,000
Premium/Discount to List
-$90,000
-15.65%
Views
31
Current Estimated Value
$489,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,258
Avg. Annual Appreciation
0.55%
Original Mortgage
$359,642
Outstanding Balance
$353,626
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$135,632

Purchase Details

Closed on
Aug 6, 2008
Sold by
Fong June L
Bought by
Fong & Sing Family Trust and Fong June L

Purchase Details

Closed on
Apr 17, 1998
Sold by
Fong June and Fong Lily
Bought by
Fong June and Fong Al
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Green Zone Properties Llc $487,500 Clear Title Agency Of Arizona
Fong Al -- Clear Title Agency Of Arizona
Fong & Sing Family Trust -- None Available
Fong June -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Zone Properties Llc $359,642
Closed Green Zone Properties Llc $287,714
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2024 02/27/24 Sold $485,000 -15.7% $185 / Sq Ft
11/24/2023 11/24/23 Pending -- -- --
11/17/2023 11/17/23 For Sale $575,000 -- $219 / 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 $6,478 $42,761 -- --
2024 $6,484 $41,997 -- --
2023 $6,484 $54,655 $40,647 $14,008
2022 $6,541 $45,745 $32,865 $12,880
2021 $6,864 $46,962 $33,804 $13,158
2020 $6,780 $37,692 $24,660 $13,032
2019 $7,286 $39,870 $26,910 $12,960
2018 $7,230 $38,718 $25,866 $12,852
2017 $7,013 $40,770 $26,946 $13,824
2016 $6,670 $37,206 $24,498 $12,708
2015 $6,453 $34,984 $24,439 $10,545
Source: Public Records

Agents Affiliated with this Home

  • Rick Padelford

    Seller's Agent in 2024

    Rick Padelford

    Realty Executives

    (602) 690-9120

    3 in this area

    23 Total Sales

    Rick Padelford
    Section Image
  • Jim McCabe

    Buyer's Agent in 2024

    Jim McCabe

    Fathom Realty Elite

    (602) 809-2890

    1 in this area

    13 Total Sales

    Jim McCabe
    Section Image

  • J

    Buyer's Agent in 2024

    James McCabe

    Realty Executives

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6631790

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-30-147A

Arizona Maricopa County Phoenix 85040 South Mountain

4001 S 16th St, Phoenix, AZ

This home is located at 4001 S 16th St, Phoenix, AZ 85040 since 17 November 2023 and is currently estimated at $489,258, approximately $186 per square foot. This property was built in 1980. 4001 S 16th St is a home located in Maricopa County with nearby schools including Percy L Julian School, South Mountain High School, and Phoenix Coding Academy.

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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