NOT LISTED FOR SALE

4408 N 12th St Phoenix, AZ 85014

Camelback East Village Neighborhood

Estimated Value: $763,845

-- Bed
-- Bath
10,357 Sq Ft
$74/Sq Ft Est. Value

Last Sold October 06, 2014

Last sale price $340,000 $33 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $5,377/month

56 Days on Market

Highlights

  • 0.58 Acre Lot
  • Phoenix Coding Academy Rated A
  • Concrete Flooring

About This Home

As of October 2014

Exclusive investment opportunity to purchase two story freestanding office building in the highly desirable Central Phoenix, Arizona submarket. Built in 1980, the building is made of block construction, wood/steel frame with flat roof. Building is individually metered for electricity (5 separate meters). Great visibility and convenient location on N 12th St between Indian School and Camelback Road offers fast access to the entire Valley just 15 minutes away from Sky Harbor Airport and Downtown Phoenix or Downtown Tempe. The building has the capability to be used as a single or multi tenant layout, and presents multiple options for the new owner. Property also provides an excellent opportunity for new buyer to completely redesign the interior to meet their needs and/or add immediate value.

Last Agent to Sell the Property

Alan Robinson

US Investment Realty, LLC License #SA537182000 Listed on: 07/24/2014

Last Buyer's Agent

Alan Robinson

US Investment Realty, LLC License #SA537182000 Listed on: 07/24/2014

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,129

Year Built

  • Built in 1980

Lot Details

  • 0.58 Acre Lot
  • Property is zoned M-H / R-5

Home Design

  • Block Exterior

Interior Spaces

  • 10,357 Sq Ft Home
  • Concrete Flooring

Parking

  • 20 Open Parking Spaces
  • 34 Parking Spaces
  • 14 Covered Spaces

Community Details

  • Operating Expense $8,129

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 155-14-045

Property Details

Property Type

Other

Est. Annual Taxes

$8,129

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Cross Street: N 12th St and E Campbell Ave
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: M-H / R-5
  • Current Use: Office
  • Number Of Buildings: 1
  • Year Built: 1980
  • Tax Year: 2013
  • Directions: From E Indian School Rd go north on N 12th St, property on the west side of the street just north of the canal
  • Lot Size Acres: 0.58
  • Structure Type: Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: None
  • Construction Type: Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 14.0
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 34.0
  • General Property Description:Covered Parking Spcs: 14.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 34.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Office A/C
  • Water Source: City Franchise
  • Heating:Office Heated: Yes

Lot Info

  • Lot Size Sq Ft: 25122.0
  • Additional Parcels: No
  • Parcel #: 155-14-045
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 8129.0

Tax Info

  • Tax Annual Amount: 8129.0
  • Tax Book Number: 155.00
  • Tax Lot: 5
  • Tax Map Number: 14.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2016
Sold by
Bbb Of Central Az Foundation Inc
Bought by
Agi Rentals Llc
Current Estimated Value
$763,845

Purchase Details

Listed on
Jul 24, 2014
Closed on
Oct 23, 2014
Sold by
Edge Development Llc
Bought by
Agi Rentals Llc
Seller's Agent
Alan Robinson
US Investment Realty, LLC
Buyer's Agent
Alan Robinson
US Investment Realty, LLC
List Price
$475,200
Sold Price
$340,000
Premium/Discount to List
-$135,200
-28.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%

Purchase Details

Listed on
Jul 24, 2014
Closed on
Oct 1, 2014
Sold by
4408 N 12Th St Llc
Bought by
Edge Development Llc
Seller's Agent
Alan Robinson
US Investment Realty, LLC
Buyer's Agent
Alan Robinson
US Investment Realty, LLC
List Price
$475,200
Sold Price
$340,000
Premium/Discount to List
-$135,200
-28.45%

Purchase Details

Closed on
May 12, 2014
Sold by
Coastline Re Holdings Corp
Bought by
4408N 12Th St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
4.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 6, 2006
Sold by
Brunske Annette R
Bought by
Brunske Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,050
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2005
Sold by
S K Consultant Llc
Bought by
Brunske Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 1994
Sold by
Sands Louis
Bought by
S K Consultant Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
9.2%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
Agi Rentals Llc -- Accommodation
Agi Rentals Llc -- None Available
Edge Development Llc $340,000 Fidelity Natl Title Agency
4408N 12Th St Llc $295,000 Lawyers Title Of Arizona Inc
Brunske Sean -- Fidelity National Title Co
Brunske Sean $840,000 Fidelity National Title
S K Consultant Llc $265,000 Old Republic Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 4408N 12Th St Llc $305,000
Previous Owner Brunske Sean $464,050
Previous Owner Brunske Sean $840,000
Previous Owner S K Consultant Llc $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2014 10/06/14 Sold $340,000 -28.5% $33 / Sq Ft
09/18/2014 09/18/14 Pending -- -- --
07/24/2014 07/24/14 For Sale $475,200 -- $46 / 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 $15,738 $122,872 -- --
2024 $15,781 $120,677 -- --
2023 $15,781 $182,920 $88,230 $94,690
2022 $15,760 $174,580 $81,690 $92,890
2021 $16,351 $179,442 $84,024 $95,418
2020 $16,096 $173,592 $53,640 $119,952
2019 $15,742 $136,422 $52,578 $83,844
2018 $15,356 $131,724 $39,654 $92,070
2017 $14,632 $115,506 $38,484 $77,022
Source: Public Records

Agents Affiliated with this Home

  • Alan Robinson

    Seller's Agent in 2014

    Alan Robinson

    US Investment Realty, LLC

    (602) 460-9623

    1 in this area

    6 Total Sales

    Alan Robinson
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5148688

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-14-045A

Arizona Maricopa County Phoenix 85014 Camelback East Village

4408 N 12th St, Phoenix, AZ

This home is located at 4408 N 12th St, Phoenix, AZ 85014 since 24 July 2014 and is currently estimated at $763,845, approximately $73 per square foot. This property was built in 1980. 4408 N 12th St is a home located in Maricopa County with nearby schools including Madison Camelview Elementary, Phoenix Coding Academy, and North 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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