$825,000
SOLD APR 16, 2025

4331 N 12th St Phoenix, AZ 85014

-- Bed
-- Bath
2,170 Sq Ft
7,793 Sq Ft Lot

Recently Sold

$380 Per Sq Ft

11% Below List Price

Highlights

  • Community Kitchen
  • Central Air
  • Concrete Flooring
  • Phoenix Coding Academy Rated A
  • Security Fence
  • Multiple Heating Units

About This Home

As of April 2025

The Doyle Building is a 2, 170 square feet, single-level, mid-century modern office building designed by award-winning architect Gerald A. Doyle, located in midtown Phoenix. This rare multi-tenant commercial property includes 10 surface parking spaces. Tenants pay their own Electric, Phone, TV and Internet. Suites 102 & 103 each have 2 offices, a private restroom, storage and are contiguous, for a total of 910 square feet. Suite 101 has 3 Private Offices, Lobby, Kitchen, Flex Room, Restroom and Large Conference Room/Lounge Area. The Doyle Building is located in Midtown Phoenix, just minutes from the Golden Corner of 24th Street & Camelback, Camelback Corridor, Downtown Phoenix, Sky Harbor International Airport, SR-51 Freeway and numerous Valley hotspots. 100% Leased. Owner/Agent.

Last Agent to Sell the Property

Natan Jacobs

Vestis Group License #BR525576000 Listed on: 01/17/2024

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,172

Year Built

  • Built in 1973

Lot Details

  • 7,793 Sq Ft Lot
  • Security Fence
  • Property is zoned R-5, Phoenix

Home Design

  • Foam Roof
  • Stucco

Interior Spaces

  • 2,170 Sq Ft Home
  • Concrete Flooring

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Private Parking
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Multiple Heating Units

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 155-06-021-A

Community Details

Overview

  • Building Dimensions are IRR

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Building Details

  • Operating Expense $16,412
  • Gross Income $76,740
  • Net Operating Income $60,073

Property Details

Property Type

Other

Est. Annual Taxes

$3,172

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: 12th Street / Camelback Road
  • Property Type: Comm/Industry Sale
  • Zoning: R-5, Phoenix
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1973
  • Tax Year: 2023
  • Directions: From 12th Street & Camelback Road, head south to subject property on east side (left hand side) of 12th Street.
  • Lot Size Acres: 0.18
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other, Concrete
  • Living Area: 2170.0

Exterior Features

  • Fencing: Security
  • Disclosures: None
  • Construction Type: Stucco
  • Roof: Foam
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Paved, Private, Free
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0

Utilities

  • Electric: Individual Meter, APS
  • Cooling: Central Air
  • Heating: 2 or More Units, Electric
  • Green Building Features: Conference Room, Reception Room, Kitchen
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes

Fee Information

  • Trash Expense: 1343.0
  • Annual Water Sewer Expense: 1512.0

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 7793.0
  • Parcel #: 155-06-021-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Gross Income: 76740.0
  • Insurance Expense: 2155.0
  • Maintenance Expense: 1500.0
  • Property Net Operating Income: 60073.0
  • Annual Operating Expense: 16412.0
  • Leasable Area: 2100.0

Tax Info

  • Tax Annual Amount: 3172.0
  • Tax Book Number: 155.00
  • Tax Lot: 9
  • Tax Map Number: 6.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2024
Closed on
Apr 15, 2025
Sold by
4331 North 12Th Street Llc
Bought by
Idea Box Properties Llc
Seller's Agent
Natan Jacobs
Vestis Group
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$925,000
Sold Price
$825,000
Premium/Discount to List
-$100,000
-10.81%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-83.60%
Original Mortgage
$334,360
Outstanding Balance
$334,360
Interest Rate
6.63%
Estimated Equity
$261,495

Purchase Details

Closed on
Nov 25, 2013
Sold by
Rosen Sidney M
Bought by
4331 North 12Th Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
4.23%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 14, 2004
Sold by
Delaval Doyle Gerald A and Delaval Doyle Patricia
Bought by
Rosen Sidney M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.02%
Mortgage Type
Seller Take Back
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 Type Sale Price Title Company
Special Warranty Deed $825,000 Commonwealth Land Title
Special Warranty Deed $260,000 Grand Canyon Title Agency In
Warranty Deed $131,400 Security Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $334,360 No Value Available
Closed $415,640 New Conventional
Previous Owner $405,000 New Conventional
Previous Owner $300,000 Commercial
Previous Owner $213,000 Seller Take Back
Previous Owner $120,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 Sold $825,000 -4.6% $380 / Sq Ft
09/19/2024 09/19/24 Price Changed $865,000 -1.1% $399 / Sq Ft
07/23/2024 07/23/24 Price Changed $875,000 -2.2% $403 / Sq Ft
05/29/2024 05/29/24 Price Changed $895,000 -3.2% $412 / Sq Ft
01/17/2024 01/17/24 For Sale $925,000 0.0% $426 / Sq Ft
01/02/2024 01/02/24 For Sale $925,000 -- $426 / Sq Ft
01/01/2024 01/01/24 Pending -- -- --
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 $3,187 $24,629 -- --
2024 $3,172 $24,189 -- --
2023 $3,172 $54,553 $21,896 $32,657
2022 $3,247 $55,108 $22,208 $32,900
2021 $3,397 $52,884 $22,842 $30,042
2020 $3,311 $53,424 $21,546 $31,878
2019 $3,167 $42,300 $19,080 $23,220
2018 $3,062 $36,918 $15,498 $21,420
2017 $2,812 $28,674 $15,030 $13,644
2016 $2,712 $27,270 $15,534 $11,736
2015 $2,592 $18,445 $10,638 $7,807
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6644739

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-06-021A