NOT LISTED FOR SALE

4041 N 15th Ave Phoenix, AZ 85015

Campus Vista Neighborhood

Estimated Value: $682,739

-- Bed
-- Bath
1,470 Sq Ft
$464/Sq Ft Est. Value

Last Sold January 27, 2022

Last sale price $635,000 $432 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,969/month

80 Days on Market

Highlights

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

About This Home

As of January 2022

LOCATION, LOCATION, LOCATION! Minutes from Melrose District, Uptown and Downtown Phoenix!
Pride of Ownership! An outstanding opportunity to acquire a well maintained block building currently being used as a reputable restaurant for the past 36 years! Situated on a 1/4 acre Lot with plenty of Parking Space to take over existing business or make it your own!
''A rated'' and greatly recognized business with consistent foot and vehicle traffic in a desirable location previously featured in Best Magazine dining.
Owner is selling building only for list price. Rare series 7 Liquor license, recipes and existing restaurant equipment to be sold separately.

Last Agent to Sell the Property

Michelle Mojica

eXp Realty License #BR547803000 Listed on: 01/18/2022

eXp Realty

Co-Listed By

Dora Estrella

Mojica & Associates Real Estate License #SA635358000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,352

Year Built

  • Built in 1968

Lot Details

  • 0.25 Acre Lot
  • Property is zoned C1

Home Design

  • 1,470 Sq Ft Home
  • Foam Roof
  • Block Exterior

Flooring

  • Concrete
  • Ceramic Tile

Parking

  • 25 Open Parking Spaces
  • 25 Parking Spaces
  • Private Parking
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 110-10-098

Community Details

Overview

  • Building Dimensions are Unknown
  • Woodlawn Park Subdivision

Amenities

  • Community Kitchen

Building Details

  • Operating Expense $39,752
  • Gross Income $653,583

Property Details

Property Type

Other

Est. Annual Taxes

$4,352

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Cross Street: INDIAN SCHOOL AND 15TH AVE.
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C1
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1968
  • Tax Year: 2020
  • Directions: I-10 exit 7th Ave, north to Indian School, west to 15th Ave. I-17 exit Indian School, east to 15th Ave to address.
  • Lot Size Acres: 0.25
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: mojica04
  • Co List Office Phone: 602-687-0617
  • Subdivision Name: WOODLAWN PARK
  • Structure Type: Commercial
  • Water Source City Franchise: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Flooring: Ceramic Tile, Concrete
  • Living Area: 1470.0

Exterior Features

  • Fencing: None
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved, Private, Free
  • Attached Garage: No
  • 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 Features Paved Parking: Yes
  • Parking Features Private Parking: Yes
  • Parking Features Free: Yes

Utilities

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

Association/Amenities

  • Amenities:Kitchen: Yes

Fee Information

  • Annual Fuel Expense: 5200.0
  • Trash Expense: 6400.0
  • Annual Water Sewer Expense: 3000.0

Lot Info

  • Lot Size: Unknown
  • Lot Size Sq Ft: 10930.0
  • Parcel #: 110-10-098
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 11000.0
  • Annual Gross Income: 653583.0
  • Insurance Expense: 4500.0
  • Annual Operating Expense: 39752.0

Tax Info

  • Tax Annual Amount: 4352.0
  • Tax Book Number: 110.00
  • Tax Lot: 7
  • Tax Map Number: 10.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2022
Closed on
Jan 25, 2022
Sold by
Aguirre and Jose
Bought by
Primera Fila Properties Llc
Seller's Agent
Michelle Mojica
eXp Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$625,000
Sold Price
$635,000
Premium/Discount to List
$10,000
1.6%
Current Estimated Value
$682,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,739
Avg. Annual Appreciation
1.97%
Original Mortgage
$552,450
Outstanding Balance
$510,904
Interest Rate
3.22%
Mortgage Type
Small Business Administration
Estimated Equity
$171,835

Purchase Details

Closed on
Jul 17, 2007
Sold by
Salinas Saul B and Ramsey Salinas Andrea L
Bought by
Aguirre Claudia and Aguirre Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.51%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 3, 2005
Sold by
Rastegar John F and Rastegar Homa Fallah
Bought by
Salinas Saul B and Salinas Andrea L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,600
Interest Rate
5.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 10, 2004
Sold by
Thomas James G and Thomas Evi
Bought by
Rastegar John F and Rastegar Homa Fallah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
5.92%
Mortgage Type
Commercial

Purchase Details

Closed on
May 16, 1998
Sold by
Ermis Inc
Bought by
Thomas James G and Thomas Evi
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
Primera Fila Properties Llc $635,000 Valleywide Title
Aguirre Claudia $450,000 Fidelity National Title
Salinas Saul B $230,000 Security Title Agency Inc
Rastegar John F $650,000 First American Title Ins Co
Thomas James G -- First American Title Ins Co
Thomas James G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Primera Fila Properties Llc $552,450
Previous Owner Aguirre Claudia $700,000
Previous Owner Salinas Saul B $212,600
Previous Owner Rastegar John F $455,000
Closed Primera Fila Properties Llc $31,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2022 01/27/22 Sold $635,000 +1.6% $432 / Sq Ft
01/18/2022 01/18/22 Price Changed $625,000 0.0% $425 / Sq Ft
01/07/2022 01/07/22 Price Changed $625,000 0.0% $425 / Sq Ft
12/03/2021 12/03/21 Price Changed $625,000 0.0% $425 / Sq Ft
10/17/2021 10/17/21 Pending -- -- --
10/14/2021 10/14/21 Pending -- -- --
09/24/2021 09/24/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $625,000 -- $425 / 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 $4,189 $32,370 -- --
2024 $4,169 $31,792 -- --
2023 $4,169 $54,128 $35,343 $18,785
2022 $4,268 $41,213 $23,905 $17,308
2021 $4,465 $42,030 $24,588 $17,442
2020 $4,352 $36,846 $19,584 $17,262
2019 $4,163 $29,106 $15,480 $13,626
2018 $4,025 $27,270 $14,346 $12,924
2017 $3,695 $25,470 $13,950 $11,520
2016 $3,565 $25,470 $13,950 $11,520
2015 $3,406 $22,978 $13,931 $9,047
Source: Public Records

Agents Affiliated with this Home

  • Michelle Mojica

    Seller's Agent in 2022

    Michelle Mojica

    eXp Realty

    (602) 686-0617

    2 in this area

    110 Total Sales

    Michelle Mojica
    Section Image

  • D

    Seller Co-Listing Agent in 2022

    Dora Estrella

    Mojica & Associates Real Estate

  • N

    Buyer's Agent in 2022

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6271425

Arizona Regional Multiple Listing Service (ARMLS)

APN: 110-10-098

Arizona Maricopa County Phoenix 85013 Campus Vista

4041 N 15th Ave, Phoenix, AZ

This home is located at 4041 N 15th Ave, Phoenix, AZ 85015 since 18 January 2022 and is currently estimated at $682,739, approximately $464 per square foot. This property was built in 1968. 4041 N 15th Ave is a home located in Maricopa County with nearby schools including Encanto Elementary School, Clarendon Elementary School, and Osborn Middle School.

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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