NOT LISTED FOR SALE

432 E Southern Ave Unit 4 Phoenix, AZ 85040

South Mountain Neighborhood

Estimated Value: $947,917

-- Bed
-- Bath
8,234 Sq Ft
$115/Sq Ft Est. Value

Last Sold February 06, 2013

Last sale price $1,200 $0 Per Sq Ft

Est. 78,893% increase in value since last sale

Current estimated payment $6,322/month

6 Days on Market

Highlights

  • Display Windows
  • Central Air
  • Heat Pump System
  • Phoenix Coding Academy Rated A
  • Concrete Flooring

About This Home

As of February 2013

This is for Suite 4. You will not find a better price per square foot. Suite 4 faces Southern with great foot and traffic exposure. Modified gross lease. Next door to Dollar Store, lots of parking. Tenants share parking spaces. Current tenants are Nail Salon, Hair Salon, Dentist and Doctors Office. ADA Bathroom, Concrete Room, multipurpose room with a sink. Bathroom in front room as well. Front and Side Exits

Last Agent to Sell the Property

Autumn Janssen

HomeSmart License #SA638899000 Listed on: 01/30/2013

HomeSmart

Co-Listed By

Kenda Seavers

HomeSmart License #SA629841000

Last Buyer's Agent

Autumn Janssen

HomeSmart License #SA638899000 Listed on: 01/30/2013

HomeSmart

Property Details

Property Type

  • Other

Year Built

  • Built in 1967

Lot Details

  • Property is zoned C-1 N

Home Design

  • Foam Roof
  • Block Exterior

Interior Spaces

  • Display Windows
  • Concrete Flooring

Parking

  • 50 Open Parking Spaces
  • 50 Parking Spaces

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Property Available on 1/30/13
  • Assessor Parcel Number 113-44-064-N

Property Details

Property Type

Other

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Cross Street: Central and Southern
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Lease
  • Zoning: C-1 N
  • Current Use: Retail, Office
  • Lease Info Annual Lease Price: 16800.0
  • Lease Info Annual Lse Prc P S F: 6.72
  • Lease Info Base Rent Escalation: No
  • Lease Info Lease Year Min Max: 1 YEAR MINIMUM
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 2500
  • Year Built: 1967
  • Tax Year: 2012
  • Directions: Southern Avenue East of Central Building on North Side of road.
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: cril01
  • Co List Office Phone: 602-230-7600
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: N
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 50.0
  • Total Parking Spaces: 50.0
  • General Property Description:Uncvrd Parking Spcs: 50.0
  • General Property Description:Total Parking Spcs: 50.0
  • Parking:Free: Yes

Utilities

  • Electric: SRP
  • Cooling: Heat Pump, Central A/C
  • Heating: Electric
  • Green Building Features: Display Window(s)
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Display Window(s): Yes

Lot Info

  • Additional Parcels: No
  • Parcel #: 113-44-064-N

Rental Info

  • Available Date: 2013-01-30

Multi Family

  • Leasable Area: 2500.0

Tax Info

  • Tax Annual Amount: 15100.08
  • Tax Book Number: 113.00
  • Tax Map Number: 44.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2022
Sold by
Southern Noor Plaza Llc
Bought by
Whey Llc
Current Estimated Value
$947,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$663,750
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2009
Sold by
Sarder Omar F and Sarder Nurun N
Bought by
Southern Noor Plaza Llc

Purchase Details

Closed on
Dec 11, 2006
Sold by
Sarder Omar F and Sarder Nurun N
Bought by
Southern Noor Plaza Llc

Purchase Details

Closed on
Sep 20, 2004
Sold by
Nahar Sarder Omar F and Nahar Sarder
Bought by
Sarder Omar F and Sarder Nurun N

Purchase Details

Closed on
Nov 21, 2003
Sold by
Kim Hyung Sook
Bought by
Kim Hyun Sook

Purchase Details

Closed on
Nov 12, 2003
Sold by
Smith Gaylord E
Bought by
Smith Ii Gaylord E and Gaylord Smith Decedents Trust

Purchase Details

Closed on
May 30, 2003
Sold by
Equi Mor Holding Inc
Bought by
Sarder Omar F and Sarder Nurun N

Purchase Details

Closed on
Aug 8, 2002
Sold by
Schlosser William Alan
Bought by
Maricopa Community Colleges Foundation

Purchase Details

Closed on
May 24, 2002
Sold by
Foundation For Future Development Educat
Bought by
Equi Mor Holding Inc

Purchase Details

Closed on
Jun 1, 2000
Sold by
Tease Winston and Tease Ethel Jean
Bought by
Foundation For Future Development Educat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,678
Interest Rate
8.19%

Purchase Details

Closed on
Dec 9, 1997
Sold by
Hastetter Erica H
Bought by
Future Development Education & Performin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.16%
Mortgage Type
Commercial
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
Whey Llc $885,000 Thomas Title & Escrow Llc
Southern Noor Plaza Llc -- None Available
Southern Noor Plaza Llc -- None Available
Sarder Omar F -- --
Kim Hyun Sook -- Security Title Agency
Smith Ii Gaylord E -- Grand Canyon Title Agency
Sarder Omar F $350,000 Security Title Agency
Maricopa Community Colleges Foundation -- --
Equi Mor Holding Inc $583,496 --
Equi Mor Holding Inc $583,496 First American Title
Foundation For Future Development Educat -- Grand Canyon Title Agency In
Future Development Education & Performin $260,000 Grand Canyon Title Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whey Llc $3,014,889
Closed Whey Llc $663,750
Previous Owner Foundation For Future Development Educat $331,678
Previous Owner Future Development Education & Performin $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2013 02/06/13 Sold $1,200 -14.3% $0 / Sq Ft
02/05/2013 02/05/13 Pending -- -- --
01/30/2013 01/30/13 For Sale $1,400 -- $0 / 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 $13,882 $91,641 -- --
2024 $13,896 $90,005 -- --
2023 $13,896 $141,848 $34,425 $107,423
2022 $14,018 $88,603 $29,103 $59,500
2021 $14,711 $98,190 $29,934 $68,256
2020 $14,530 $84,636 $25,056 $59,580
2019 $14,060 $76,932 $16,002 $60,930
2018 $14,426 $77,256 $14,814 $62,442
2017 $15,710 $87,912 $15,444 $72,468
2016 $14,942 $80,064 $14,418 $65,646
2015 $14,841 $82,714 $14,393 $68,321
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Autumn Janssen

    HomeSmart

    Section Image
  • Kenda Seavers

    Seller Co-Listing Agent in 2013

    Kenda Seavers

    HomeSmart

    (623) 203-1589

    1 in this area

    20 Total Sales

    Kenda Seavers
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4882584

Arizona Regional Multiple Listing Service (ARMLS)

APN: 113-44-064N

Arizona Maricopa County Phoenix 85040 South Mountain

432 E Southern Ave Unit 4, Phoenix, AZ

This home is located at 432 E Southern Ave Unit 4, Phoenix, AZ 85040 since 30 January 2013 and is currently estimated at $947,917, approximately $115 per square foot. This property was built in 1967. 432 E Southern Ave Unit 4 is a home located in Maricopa County with nearby schools including John F. Kennedy Elementary School, C O Greenfield School, and South Mountain High 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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