NOT LISTED FOR SALE
Studio
-- Bath
19,000 Sq Ft
36,155 Sq Ft Lot

Last Sold June 27, 2017

Last sale price $2,625,000 $138 Per Sq Ft

46 Days on Market

Highlights

  • 0.83 Acre Lot
  • Community Kitchen
  • Concrete Flooring
  • Phoenix Coding Academy Rated A
  • Central Air
  • Heating System Uses Natural Gas

About This Home

As of June 2017

The subject property is an industrial warehouse building that has been renovated in 2016 for a church facility with potential utilization for many uses. The open beam ceiling has an approximate clear height of 18', polished concrete floors, new ceramic tile bathroom floors, wood mezzanine floor accessible from two interior stairways. New suspended light fixtures, recessed lighting in the offices. West side of building is heated and cooled with roof mounted HVAC units. East side does not have HVAC. Fire protection with a sprinkler system. Estimated off street parking for 60+- on the vacant west 2 parcels. Additional fee parking on north side of the street. Building can accommodate inside vehicles including food trucks. Walking distance to downtown hotels, restaurants, sporting events.

Last Agent to Sell the Property

Earle Shroyer

AZ Brokerage Holdings, LLC License #SA017007000 Listed on: 02/28/2017

AZ Brokerage Holdings, LLC

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $14,122

Year Built

  • Built in 1946

Lot Details

  • 0.83 Acre Lot
  • Block Wall Fence
  • Chain Link Fence
  • Additional Parcels
  • Property is zoned DTC-Ware

Home Design

  • Brick Exterior Construction
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 19,000 Sq Ft Home
  • Concrete Flooring

Parking

  • 60 Open Parking Spaces
  • 60 Parking Spaces

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 2,3 & 4
  • Assessor Parcel Number 112-23-003-A

Community Details

Overview

  • 2 Buildings
  • Building Dimensions are Irregular
  • Montgomery Add Block 6, 11 14 Subdivision

Amenities

  • Community Kitchen

Property Details

Property Type

Other

Est. Annual Taxes

$14,122

Year Built

Built in 1946

Lot Details

0.83 Acres

Listing Details

  • Cross Street: South Central Ave and Buchanan St
  • Property Type: Comm/Industry Sale
  • Zoning: DTC-Ware
  • Current Use: Religious Facility, Warehouse
  • Number Of Buildings: 2
  • Year Built: 1946
  • Tax Year: 2016
  • Lot Size Acres: 0.83
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s)
  • Subdivision Name: Montgomery Add Block 6, 11-14
  • Structure Type: Industrial
  • Tax Parcel Letter: A
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Block, Chain Link
  • Construction Type: Stucco, Block, Brick
  • Roof: Built-Up
  • Construction:Block: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Open Parking Spaces: 60.0
  • Total Parking Spaces: 60.0
  • General Property Description:Uncvrd Parking Spcs: 60.0
  • General Property Description:Total Parking Spcs: 60.0
  • Parking:Private Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: APS
  • Cooling: Heat Pump, Warehouse A/C, Central A/C
  • Heating: Heat Pump, Electric, Natural Gas
  • Green Building Features: Kitchen, Raised Floor
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Association/Amenities

  • Amenities:Kitchen: Yes

Fee Information

  • Annual Fuel Expense: 1.0
  • Trash Expense: 1.0
  • Annual Water Sewer Expense: 1.0

Lot Info

  • Lot Size: Irregular
  • Lot Size Sq Ft: 36303.0
  • Additional Parcels: Yes
  • Parcel #: 112-23-003-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 1.0
  • Insurance Expense: 1.0
  • Maintenance Expense: 1.0

Tax Info

  • Tax Annual Amount: 14122.0
  • Tax Book Number: 112.00
  • Tax Lot: 2,3 & 4
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2017
Closed on
Jun 1, 2017
Sold by
Schulz Robert
Bought by
Hf Mac 45 W Buchanan Llc
Seller's Agent
Earle Shroyer
AZ Brokerage Holdings, LLC
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$3,000,000
Sold Price
$2,625,000
Premium/Discount to List
-$375,000
-12.5%

Purchase Details

Closed on
Dec 24, 2014
Sold by
Nihao Feng Llc
Bought by
First Presbyterian Church Of Phoenix

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 17, 2006
Sold by
Nihao Feng Llc
Bought by
Nihao Feng Llc
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
Hf Mac 45 W Buchanan Llc $2,625,000 First American Title Insuran
First Presbyterian Church Of Phoenix $2,400,000 Chicago Title Agency Inc
Nihao Feng Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner First Presbyterian Church Of Phoenix $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2017 06/27/17 Sold $2,625,000 -12.5% $138 / Sq Ft
04/14/2017 04/14/17 Pending -- -- --
02/27/2017 02/27/17 For Sale $3,000,000 -- $158 / Sq Ft
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
2021 $27,332 $174,165 $50,625 $123,540
2020 -- $167,010 $43,905 $123,105
2019 -- $299,860 $44,550 $255,310
2018 -- $84,735 $16,965 $67,770
2017 -- $63,315 $17,685 $45,630
2016 -- $70,578 $19,278 $51,300
2015 -- $63,344 $19,240 $44,104
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5567456

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-23-003A

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