NOT LISTED FOR SALE

4409 N 16th St Phoenix, AZ 85016

Camelback East Village Neighborhood

Estimated Value: $437,782

Studio
-- Bath
1,153 Sq Ft
$380/Sq Ft Est. Value

Last Sold October 24, 2023

Last sale price $425,000 $369 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,534/month

37 Days on Market

About This Home

As of October 2023

RARE SMALL RETAIL BUILD COMMERCIALLY ZONED FOR OWNER OCCUPANT OR REDEVELOPMENT. FORMERLY A BOOT SHOP NATIONALLY KNOWN FOR QUALITY AND DESIGN. POTENTIAL INCOME FROM ROOF SIGN. APPROXIMATELY 22,000 VPD 16TH ST. LESS THAN A MILE FROM 51 FREEWAY. RETAIL DENSE SURROUNDING AREA INCLUDING MAJOR ANCHORS ON HIGHLAND E OF 16TH ST FOR MANY MILES. SEVERAL NEWER HIGH END APARTMENT COMPLEXES TO ADD TO ADDITIONAL CUSTOMER BASE.

Last Agent to Sell the Property

Aleta Ruark

Pro Star Realty License #BR008429000 Listed on: 07/07/2023

Last Buyer's Agent

Nicholas Sayki

Century 21 Northwest License #SA683623000

Century 21 Northwest

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,920

Year Built

  • Built in 1946

Lot Details

  • 6,953 Sq Ft Lot
  • Property is zoned C-2

Home Design

  • Wood Frame Construction
  • Stucco

Interior Spaces

  • 1,153 Sq Ft Home
  • Concrete Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Public Parking
  • Private Parking
  • Free Parking

Community Details

  • Montecito Subdivision
  • Operating Expense $2,920

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 163-27-045

Property Details

Property Type

Other

Est. Annual Taxes

$2,920

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Cross Street: 16TH STREET AND S. OF HIGHLAND
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 1
  • Ownership: Other (See Remarks)
  • Year Built: 1946
  • Tax Year: 2022
  • Lot Size Acres: 0.16
  • Road Surface Type: Dedicated Street, Alley
  • Subdivision Name: MONTECITO
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 1153.0

Exterior Features

  • Construction Type: Frame - Wood, Stucco
  • Roof: See Remarks
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Private Parking, Public Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Free: Yes
  • Parking:Private Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: Individual Meter, APS
  • Cooling: Office A/C
  • Water Source: City Franchise

Lot Info

  • Lot Size Sq Ft: 6953.0
  • Parcel #: 163-27-045
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 2920.0
  • Vacancy Allowance Rate: 100.0

Tax Info

  • Tax Annual Amount: 2920.0
  • 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
Jul 23, 2018
Sold by
Espinoza David
Bought by
Espinoza David and David Espinoza Revocable Trust
Current Estimated Value
$437,782

Purchase Details

Closed on
Nov 27, 2002
Sold by
Harrison David D and Harrison Jacqueline S
Bought by
Espinoza David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 24, 2000
Sold by
Manchester Curtis
Bought by
Harrison David D and Harrison Jacqueline S

Purchase Details

Closed on
Feb 3, 1997
Sold by
Zeeb Dean D
Bought by
Manchester Curtis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.74%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 23, 1975
Sold by
Francis Wayne R and Herman Richard E
Bought by
Kashey Al
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Espinoza David -- None Available
Espinoza David $150,000 Capital Title Agency Inc
Harrison David D $115,898 First American Title
Manchester Curtis $75,000 First American Title
Kashey Al -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Espinoza David $180,000
Previous Owner Espinoza David $144,000
Previous Owner Manchester Curtis $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2023 10/24/23 Sold $425,000 -5.6% $369 / Sq Ft
10/24/2023 10/24/23 Price Changed $450,000 0.0% $390 / Sq Ft
10/02/2023 10/02/23 Price Changed $450,000 0.0% $390 / Sq Ft
09/13/2023 09/13/23 Price Changed $450,000 0.0% $390 / Sq Ft
09/13/2023 09/13/23 For Sale $450,000 0.0% $390 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
08/05/2023 08/05/23 Price Changed $450,000 -18.2% $390 / Sq Ft
07/07/2023 07/07/23 For Sale $550,000 -- $477 / 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 $2,966 $22,768 -- --
2024 $2,924 $22,362 -- --
2023 $2,924 $31,807 $20,281 $11,526
2022 $2,920 $31,746 $20,738 $11,008
2021 $3,030 $32,580 $21,330 $11,250
2020 $2,983 $32,886 $21,348 $11,538
2019 $2,917 $30,888 $19,764 $11,124
2018 $2,845 $27,846 $16,434 $11,412
2017 $2,711 $25,992 $15,948 $10,044
2016 $2,618 $23,490 $16,596 $6,894
2015 $2,499 $17,465 $12,044 $5,421
Source: Public Records

Agents Affiliated with this Home

  • Aleta Ruark

    Seller's Agent in 2023

    Aleta Ruark

    Pro Star Realty

    (602) 418-9312

    1 in this area

    4 Total Sales

    Aleta Ruark
    Section Image

  • N

    Buyer's Agent in 2023

    Nicholas Sayki

    Century 21 Northwest

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6577596

Arizona Regional Multiple Listing Service (ARMLS)

APN: 163-27-045

Arizona Maricopa County Phoenix 85014 Camelback East Village

4409 N 16th St, Phoenix, AZ

Not Listed for Sale

Other

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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