NOT LISTED FOR SALE

4024 S 16th St Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $296,670

-- Bed
-- Bath
3,685 Sq Ft
$81/Sq Ft Est. Value

Last Sold December 13, 2013

Last sale price $130,000 $35 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $1,975/month

363 Days on Market

Highlights

  • Gated Community
  • 0.45 Acre Lot
  • Display Windows
  • Phoenix Coding Academy Rated A
  • Skylights
  • Central Air

About This Home

As of December 2013

PLENTY OF SPACE FOR MANUFACTURING DURABLE AND NON DURABLE. THREE BAYS, AND OFFICE SPACES. CONVERT IT TO SUITE YOUR OPERATIONS. MUCH MUCH MORE!!!

Last Agent to Sell the Property

James Amoako

Abanex Realty License #BR626068000 Listed on: 11/20/2012

Last Buyer's Agent

James Amoako

Abanex Realty License #BR626068000 Listed on: 11/20/2012

Property Details

Property Type

  • Other

Year Built

  • Built in 1989

Lot Details

  • 0.45 Acre Lot
  • Block Wall Fence
  • Chain Link Fence
  • Property is zoned C-3

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 3,685 Sq Ft Home
  • Skylights
  • Display Windows
  • Concrete Flooring

Parking

  • 25 Open Parking Spaces
  • 25 Parking Spaces

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Reception Area
  • Operating Expense $5,653
  • Gated Community

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 113-27-007

Property Details

Property Type

Other

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Cross Street: 16TH STREET & BROADWAY ROAD
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-3
  • Current Use: Automobile, Office, Warehouse, Wholesale
  • Number Of Buildings: 1
  • Year Built: 1989
  • Tax Year: 2012
  • Directions: FROM I-17 FWY GO SOUTH TO THE PROPERTY; JUST BEFORE BROADWAY ROAD.
  • Lot Size Acres: 0.45
  • Structure Type: Commercial, Industrial, Manufacturing, Distribution/Warehse
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

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

Garage/Parking

  • Open Parking Spaces: 25.0
  • Total Parking Spaces: 25.0
  • General Property Description:Uncvrd Parking Spcs: 25.0
  • General Property Description:Total Parking Spcs: 25.0
  • Parking:Public Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: 3 Phase Power, Master Meter, SRP
  • Cooling: Central A/C
  • Heating: Heat Pump, Electric
  • Green Building Features: Reception Room, Skylight(s), Security Gate, Display Window(s)
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes
  • Electric Master Meter: Yes
  • Heating:Office Heated: Yes
  • Heating:Warehouse Heated: Yes

Association/Amenities

  • Amenities:Reception Room: Yes
  • Amenities:Display Window(s): Yes
  • Amenities:Skylight(s)2: Yes
  • Amenities:Security Gate: Yes

Lot Info

  • Lot Size Sq Ft: 19412.0
  • Additional Parcels: No
  • Parcel #: 113-27-007
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 5652.84
  • Leasable Area: 3684.0

Tax Info

  • Tax Annual Amount: 5652.84
  • Tax Book Number: 113.00
  • Tax Lot: 7
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2012
Closed on
Nov 19, 2013
Sold by
Amoako Family Lp
Bought by
University Two Real Estate Llc
Seller's Agent
James Amoako
Abanex Realty
Buyer's Agent
James Amoako
Abanex Realty
List Price
$299,900
Sold Price
$130,000
Premium/Discount to List
-$169,900
-56.65%
Current Estimated Value
$296,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,670
Avg. Annual Appreciation
7.21%
Original Mortgage
$100,000
Outstanding Balance
$74,009
Interest Rate
4.04%
Mortgage Type
Seller Take Back
Estimated Equity
$222,661

Purchase Details

Closed on
Apr 9, 2001
Sold by
Amoako Rose T
Bought by
Amoako Family Lp
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
University Two Real Estate Llc $130,000 First American Title Ins Co
Amoako Family Lp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open University Two Real Estate Llc $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2013 12/13/13 Sold $130,000 -56.7% $35 / Sq Ft
11/18/2013 11/18/13 Pending -- -- --
11/20/2012 11/20/12 For Sale $299,900 -- $81 / 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 $4,888 $32,268 -- --
2024 $4,893 $31,692 -- --
2023 $4,893 $55,046 $22,304 $32,742
2022 $4,936 $44,066 $15,908 $28,158
2021 $5,180 $42,048 $16,362 $25,686
2020 $5,116 $43,272 $12,672 $30,600
2019 $4,950 $43,074 $10,152 $32,922
2018 $4,817 $37,530 $9,756 $27,774
2017 $4,591 $37,872 $10,170 $27,702
2016 $4,367 $23,400 $8,640 $14,760
2015 $4,436 $24,050 $8,880 $15,170
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    James Amoako

    Abanex Realty

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4852560

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-27-007

Arizona Maricopa County Phoenix 85040 South Mountain

4024 S 16th St, Phoenix, AZ

This home is located at 4024 S 16th St, Phoenix, AZ 85040 since 20 November 2012 and is currently estimated at $296,670, approximately $80 per square foot. This property was built in 1989. 4024 S 16th St is a home located in Maricopa County with nearby schools including Irene Lopez 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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