NOT LISTED FOR SALE

Estimated Value: $585,188

Studio
-- Bath
1,749 Sq Ft
$335/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $323,700 $185 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,465/month

5 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Partially Fenced Property
  • Phoenix Coding Academy Rated A

About This Home

As of August 2018

80+ FEET STORE FRONTAGE EXPOSURE TO INDIAN SCHOOL RD WITH HIGH COUNT +47,000 CAR COUNT. SELF STANDING BUILDING OFFICE SUITES WITH SHOWROOM AND RECEPTION AREA. SECURITY BARS IN ENTRANCE. OWNER USER A PLUS WITH POSSIBLE UNIT SPLIT THAT CAN BE BUILT OUT BY NEW OWNER. GROSS LEASE 1759 SQUARE FEET, 2 COVERED PARKING TOTAL 9 SPACES. ZONED C-1 CORNER LOT, LOCATED IN DESIRABLE UPTOWN CENTRAL PHOENIX. GREAT RETAIL/OFFICE/SHOWROOM WINDOW WITH HIGH BUILDING SIGN VISIBILITY.

Last Agent to Sell the Property

Isaac Nieblas

InHouseVIP License #BR512895000 Listed on: 07/20/2018

Last Buyer's Agent

Isaac Nieblas

InHouseVIP License #BR512895000 Listed on: 07/20/2018

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,430

Year Built

  • Built in 1976

Lot Details

  • 6,080 Sq Ft Lot
  • Partially Fenced Property
  • Property is zoned C-1, C1, C 1

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Metal Siding

Interior Spaces

  • 1,749 Sq Ft Home
  • Wood Flooring

Parking

  • 9 Open Parking Spaces
  • 11 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 160
  • Assessor Parcel Number 155-32-160

Community Details

Overview

  • Building Dimensions are IRREGULAR
  • Indian Park Subdivision

Amenities

  • Showroom
  • Reception Area

Building Details

  • Operating Expense $11,380

Property Details

Property Type

Other

Est. Annual Taxes

$4,430

Year Built

Built in 1976

Lot Details

6,080 Sq Ft Lot

Listing Details

  • Cross Street: 7TH AVE & INDIAN SCHOOL RD , EAST TO 6TH AVE
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-1, C1, C 1
  • Current Use: Retail, Service Business, Medical/Dental, Recreational, Office
  • Number Of Buildings: 1
  • Year Built: 1976
  • Tax Year: 2017
  • Lot Size Acres: 0.14
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s), Alley
  • Subdivision Name: INDIAN PARK
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Wood

Exterior Features

  • Fencing: Partial
  • Construction Type: Frame - Wood, Metal Siding
  • Roof: Foam, Rolled/Hot Mop
  • Construction:Metal: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Open Parking Spaces: 9.0
  • Total Parking Spaces: 11.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 9.0
  • General Property Description:Total Parking Spcs: 11.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: 3 Phase Power, SRP
  • Cooling: Central A/C
  • Heating: Heat Pump
  • Green Building Features: Reception Room, Showroom
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Association/Amenities

  • Amenities:Reception Room: Yes
  • Amenities:Showroom: Yes

Fee Information

  • Trash Expense: 300.0
  • Annual Water Sewer Expense: 1200.0

Lot Info

  • Lot Size: IRREGULAR
  • Lot Size Sq Ft: 6080.0
  • Additional Parcels: No
  • Parcel #: 155-32-160
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 2700.0
  • Insurance Expense: 1500.0
  • Maintenance Expense: 750.0
  • Annual Operating Expense: 11380.0

Tax Info

  • Tax Annual Amount: 4430.0
  • Tax Book Number: 155.00
  • Tax Lot: 160
  • Tax Map Number: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2018
Closed on
Aug 16, 2018
Sold by
Valencia Law Firm Pllc
Bought by
Blachman Lawrence N and Zimmerman Vivian
Seller's Agent
Isaac Nieblas
InHouseVIP
Buyer's Agent
Isaac Nieblas
InHouseVIP
List Price
$349,000
Sold Price
$323,700
Premium/Discount to List
-$25,300
-7.25%
Current Estimated Value
$585,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,488
Avg. Annual Appreciation
8.17%

Purchase Details

Listed on
May 30, 2017
Closed on
Aug 7, 2017
Sold by
602 Indian School Llc
Bought by
Valencia Law Firm Pllc
Seller's Agent
Dan Werner
Metropolitan Realty Advisors LLC
Buyer's Agent
Isaac Nieblas
InHouseVIP
List Price
$284,900
Sold Price
$250,000
Premium/Discount to List
-$34,900
-12.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.60%
Original Mortgage
$200,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 26, 2013
Sold by
Big Slick Holdings Llc
Bought by
602 Indian School Llc

Purchase Details

Closed on
Nov 30, 2005
Sold by
Werner Dan G
Bought by
Big Slick Holdings Llc

Purchase Details

Closed on
Aug 2, 2005
Sold by
Ermisch Yvonne
Bought by
Werner Dan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,070
Interest Rate
5.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 26, 2003
Sold by
Ermisch Dana
Bought by
Ermisch Yvonne

Purchase Details

Closed on
Dec 4, 2000
Sold by
Billups Curtis J
Bought by
Ermisch Dana and Ermisch Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,933
Interest Rate
7.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 4, 1999
Sold by
Hachadurian Gerard and Hachadurian Muriel
Bought by
Billups Curtis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.91%
Mortgage Type
Commercial
Source: Public Records
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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
Blachman Lawrence N $323,700 Chicago Title Agency Inc
Valencia Law Firm Pllc $250,000 Driggs Title Agency Inc
602 Indian School Llc -- Accommodation
Big Slick Holdings Llc -- Chicago Title Insurance Co
Werner Dan G $229,000 Chicago Title Insurance Co
Ermisch Yvonne -- --
Ermisch Yvonne -- --
Ermisch Dana $162,000 Grand Canyon Title Agency In
Billups Curtis J $155,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valencia Law Firm Pllc $200,000
Previous Owner Werner Dan G $174,070
Previous Owner Ermisch Dana $34,933
Previous Owner Billups Curtis J $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2018 08/30/18 Sold $323,700 -7.2% $185 / Sq Ft
07/24/2018 07/24/18 Pending -- -- --
07/19/2018 07/19/18 For Sale $349,000 +39.6% $200 / Sq Ft
08/08/2017 08/08/17 Sold $250,000 -12.2% $135 / Sq Ft View Prior Sale
05/30/2017 05/30/17 For Sale $284,900 -- $154 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $5,039 $38,804 -- --
2024 $4,998 $38,111 -- --
2023 $4,998 $45,849 $23,766 $22,083
2022 $5,117 $41,826 $21,193 $20,633
2021 $5,352 $43,074 $21,798 $21,276
2020 $5,217 $49,896 $28,224 $21,672
2019 $4,990 $49,104 $27,918 $21,186
2018 $4,825 $42,984 $22,122 $20,862
2017 $4,430 $40,878 $21,474 $19,404
2016 $4,273 $43,380 $25,254 $18,126
2015 $4,083 $29,360 $20,295 $9,065
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5795759

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-32-160

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