NOT LISTED FOR SALE

4331 N 12th St Phoenix, AZ 85014

Central City Neighborhood

Estimated Value: $788,790

Studio
-- Bath
2,170 Sq Ft
$363/Sq Ft Est. Value

Sale Details

Date Sold: April 16, 2025

Last sale price $825,000 $380 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,420 / mo

Highlights

  • Corner Lot
  • Community Kitchen
  • Zoned Heating and Cooling System
  • Longview Elementary School Rated 9+
  • Alarm System
  • 1-Story Property

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
  • Landscaped
  • Corner Lot
  • Property is zoned R-5, Phoenix

Home Design

  • Foam Roof
  • Stucco

Interior Spaces

  • 2,170 Sq Ft Home
  • 1-Story Property
  • Ceiling height between 8 to 10 feet

Home Security

  • Alarm System
  • Security Lights

Parking

  • 10 Parking Spaces
  • Paved Parking
  • 10 Open Parking Spaces

Utilities

  • Zoned Heating and Cooling System
  • Separate Meters
  • Natural Gas Not Available

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
  • Private Restrooms
  • 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

7,793 Sq Ft Lot

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
  • Lot Size Acres: 0.18
  • Road Surface Type: Asphalt
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 2170.0
  • Stories: 1 Story

Exterior Features

  • Fencing: Security
  • Disclosures: None
  • Construction Type: Stucco
  • Roof: Foam
  • Exterior: Corner Lot, Landscaping, Security Light(s), Security Camera(s), Sidewalk(s)

Garage/Parking

  • Parking Features: Open, Private, Paved
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0

Utilities

  • Electric: APS, Individual Meter
  • Heating: Electric, Zoned
  • Security: Security System, Security Light(s), Alarm System
  • Green Building Features: Conference Room, Reception Room, Kitchen
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

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

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: 155.0
  • Tax Lot: 9
  • Tax Map Number: 6.0

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
Current Estimated Value
$788,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,210
Avg. Annual Appreciation
-4.30%
Original Mortgage
$334,360
Outstanding Balance
$332,870
Interest Rate
6.63%
Estimated Equity
$455,920

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
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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
Idea Box Properties Llc $825,000 Commonwealth Land Title
4331 North 12Th Street Llc $260,000 Grand Canyon Title Agency In
Rosen Sidney M $131,400 Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Idea Box Properties Llc $334,360
Closed Idea Box Properties Llc $415,640
Previous Owner 4331 North 12Th Street Llc $213,000
Previous Owner Rosen Sidney M $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $3,198 $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

  • N

    Seller's Agent in 2025

    Natan Jacobs

    Vestis Group

  • N

    Buyer's Agent in 2025

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6644739

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-06-021A

Arizona Maricopa County Phoenix 85014 Central City

4331 N 12th St, Phoenix, AZ

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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