NOT LISTED FOR SALE

Estimated Value: $728,272

Studio
-- Bath
3,931 Sq Ft
$185/Sq Ft Est. Value

Last Sold March 07, 2015

Last sale price $275,000 $70 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $4,211/month

296 Days on Market

Highlights

  • Central Air
  • Phoenix Coding Academy Rated A
  • Concrete Flooring

About This Home

As of March 2015

4305-4309 N 16th St. Excellent opportunity to own a freestanding office building on a highly traveled street. The 3931sf is divided into 3 office suites. Common area restrooms. Easy ingress/egress. Great for owner/occupant or multi-tenant income property. Includes adjacent parcel #163-27-089C (4305 N 16th St.) Less than a mile from the freeway. Only minutes from downtown Phoenix and the airport.

Last Agent to Sell the Property

Randy Erwin

Century 21 Arizona Foothills License #SA639091000 Listed on: 04/21/2014

Century 21 Arizona Foothills

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,180

Year Built

  • Built in 1960

Lot Details

  • 9,889 Sq Ft Lot
  • Additional Parcels
  • Property is zoned C-2

Home Design

  • Wood Frame Construction
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,931 Sq Ft Home
  • Concrete Flooring

Parking

  • 15 Open Parking Spaces
  • 15 Parking Spaces

Utilities

  • Central Air
  • No Heating

Community Details

  • Operating Expense $4,180

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 163-27-090-A

Property Details

Property Type

Other

Est. Annual Taxes

$4,180

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: 16th Street & Campbell Ave
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Current Use: Religious Facility, Office
  • Number Of Buildings: 1
  • Year Built: 1960
  • Tax Year: 2013
  • Lot Size Acres: 0.23
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: None
  • Construction Type: Frame - Wood, Stucco, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Open Parking Spaces: 15.0
  • Total Parking Spaces: 15.0
  • General Property Description:Uncvrd Parking Spcs: 15.0
  • General Property Description:Total Parking Spcs: 15.0
  • Parking:Public Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: None
  • Water Source: City Franchise
  • Heating:None29: Yes

Lot Info

  • Lot Size Sq Ft: 9889.0
  • Additional Parcels: Yes
  • Parcel #: 163-27-090-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 4180.3

Tax Info

  • Tax Annual Amount: 4180.3
  • Tax Book Number: 163.00
  • Tax Lot: 21
  • Tax Map Number: 27.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2024
Sold by
Piav Llc
Bought by
3010 Pinchot Llc
Current Estimated Value
$728,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Outstanding Balance
$610,163
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$112,960

Purchase Details

Listed on
Apr 21, 2014
Closed on
Mar 6, 2015
Sold by
Qtus Tax Finance & Accounting Profession
Bought by
Piav Llc
Seller's Agent
Randy Erwin
Century 21 Arizona Foothills
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$400,000
Sold Price
$275,000
Premium/Discount to List
-$125,000
-31.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.31%

Purchase Details

Closed on
Jul 30, 2010
Sold by
Qureshi Shuja and Qureshi Tahira S
Bought by
Qtus Tax Finance & Accounting Profession

Purchase Details

Closed on
Oct 11, 1995
Sold by
Bell Mary Lou
Bought by
Qureshi Shuja and Qureshi Taihra S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,453
Interest Rate
7.8%
Mortgage Type
Seller Take Back
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
3010 Pinchot Llc $745,000 Thomas Title & Escrow Llc
Piav Llc $275,000 First American Title Ins Co
Qtus Tax Finance & Accounting Profession -- None Available
Qureshi Shuja $105,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3010 Pinchot Llc $615,000
Previous Owner Qureshi Shuja $12,453
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2015 03/07/15 Sold $275,000 -31.3% $70 / Sq Ft
02/05/2015 02/05/15 Pending -- -- --
04/15/2014 04/15/14 For Sale $400,000 -- $102 / 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 $4,834 $37,108 -- --
2024 $4,766 $36,445 -- --
2023 $4,766 $52,020 $19,992 $32,028
2022 $4,760 $49,368 $19,915 $29,453
2021 $4,938 $50,022 $20,484 $29,538
2020 $4,861 $47,862 $18,630 $29,232
2019 $4,754 $45,288 $17,568 $27,720
2018 $4,637 $42,066 $15,156 $26,910
2017 $4,419 $40,464 $14,724 $25,740
2016 $4,267 $38,160 $14,976 $23,184
2015 $4,073 $29,508 $10,878 $18,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5103514

Arizona Regional Multiple Listing Service (ARMLS)

APN: 163-27-090A