NOT LISTED FOR SALE

4610 N 7th Ave Phoenix, AZ 85013

Uptown Phoenix Neighborhood

Estimated Value: $1,370,288

Studio
-- Bath
8,991 Sq Ft
$152/Sq Ft Est. Value

Sale Details

Date Sold: April 29, 2019

Last sale price $875,000 $97 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $8,322 / mo

371 Days on Market

Highlights

  • 0.55 Acre Lot
  • Central Air
  • Heat Pump System
  • Phoenix Coding Academy Rated A
  • Concrete Flooring

About This Home

As of April 2019

ALSO SEE PARCEL 155-37-097-B. ACTUAL ADDRESSES ARE 4604,4606 & 4610 N. 7TH AVENUE AND 708 W. HAZELWOOD. 7 AVENUE PROPERTY INCLUDES 3 STOREFRONTS. STOREFRONTS COULD BE OPEN OR DEVIDED. A MEASURED 7700 SQUARE FEET. HUGE OUTDOOR AREA USED FOR PARKING, EVENTS, ETC..NOW FULLY LEASED TO TWO FURNITURE BUSINESSES. HAZELWOOD IS A MEASURED 2000 SQUARE FEET WAREHOUSE WITH ROLL UP DOOR. TENANT WAS ALLOWED TO TAKE OUT WEST BLOCK WALL BETWEEN HIS BUILDING AND THIS LEASED BUILDING UNTIL TENANT MOVES AT THE END OF THE LEASE. POPULAR DESTINATION ''MELROSE DISTRICT'' AREA OF PHOENIX JUST A FEW SHORT BLOCKS FROM THE LIGHT RAIL.

Last Agent to Sell the Property

Gail Joyce

Rimsza Realty License #BR023149000 Listed on: 02/22/2018

Last Buyer's Agent

Gail Joyce

Rimsza Realty License #BR023149000 Listed on: 02/22/2018

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $11,099

Year Built

  • Built in 1976

Lot Details

  • 23,972 Sq Ft Lot
  • Block Wall Fence
  • Chain Link Fence
  • Property is zoned C3 & C2

Home Design

  • Brick Exterior Construction
  • Foam Roof
  • Block Exterior

Interior Spaces

  • 8,991 Sq Ft Home
  • Concrete Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Paved Parking
  • Fenced Parking

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 155-37-001-A

Community Details

Overview

  • 2 Buildings
  • Building Dimensions are Irregular/ Call Listing Agent
  • Income Acres Subdivision

Building Details

  • Operating Expense $14,952
  • Gross Income $90,600
  • Net Operating Income $75,261

Property Details

Property Type

Other

Est. Annual Taxes

$11,099

Year Built

Built in 1976

Lot Details

0.55 Acres

Listing Details

  • Cross Street: 7TH AVENUE/CAMELBACK
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C3 & C2
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1976
  • Tax Year: 2017
  • Lot Size Acres: 0.55
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Subdivision Name: INCOME ACRES
  • Structure Type: Commercial
  • Tax Parcel Letter: A
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 8991.0

Exterior Features

  • Fencing: Block, Chain Link
  • Disclosures: None
  • Construction Type: Block, Brick
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved Parking, Fenced
  • 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:Paved Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: APS
  • Cooling: Heat Pump, Central A/C, Warehouse Evap
  • Heating: Heat Pump, Electric
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size: Irregular/ Call Listing Agent
  • Lot Size Sq Ft: 23972.0
  • Parcel #: 155-37-001-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Gross Income: 90600.0
  • Insurance Expense: 3853.0
  • Property Net Operating Income: 75261.0
  • Annual Operating Expense: 14952.0

Tax Info

  • Tax Annual Amount: 11099.0
  • Tax Book Number: 155.00
  • Tax Lot: 1
  • Tax Map Number: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2019
Sold by
Dap Construction Management Llc
Bought by
Dap Management Group Llc
Current Estimated Value
$1,370,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$737,546
Outstanding Balance
$644,700
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$725,588

Purchase Details

Listed on
Feb 22, 2018
Closed on
Apr 24, 2019
Sold by
Roger J Dina Decedents Trust
Bought by
Dap Construction Mangement Llc
Seller's Agent
Gail Joyce
Rimsza Realty
Buyer's Agent
Gail Joyce
Rimsza Realty
List Price
$1,200,000
Sold Price
$875,000
Premium/Discount to List
-$325,000
-27.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%
Original Mortgage
$743,750
Interest Rate
4.3%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Dap Management Group Llc $837,546 None Available
Dap Construction Mangement Llc $875,000 Stewart Ttl & Tr Oh Phoenix
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dap Management Group Llc $737,546
Previous Owner Dap Construction Mangement Llc $743,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2019 04/29/19 Sold $875,000 -2.8% $97 / Sq Ft
02/15/2019 02/15/19 Price Changed $899,900 -5.3% $100 / Sq Ft
11/20/2018 11/20/18 Price Changed $949,900 0.0% $106 / Sq Ft
11/14/2018 11/14/18 Price Changed $950,000 -5.0% $106 / Sq Ft
08/16/2018 08/16/18 Price Changed $999,900 -9.1% $111 / Sq Ft
04/13/2018 04/13/18 Price Changed $1,100,000 -8.3% $122 / Sq Ft
02/22/2018 02/22/18 For Sale $1,200,000 -- $133 / 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
2025 $12,086 $93,070 -- --
2024 $11,988 $91,408 -- --
2023 $11,988 $109,769 $67,932 $41,837
2022 $12,272 $92,121 $53,078 $39,043
2021 $12,837 $93,924 $54,594 $39,330
2020 $12,512 $98,010 $58,464 $39,546
2019 $11,969 $92,376 $54,378 $37,998
2018 $11,573 $83,934 $46,224 $37,710
2017 $10,625 $81,450 $44,874 $36,576
2016 $10,250 $81,666 $48,096 $33,570
Source: Public Records

Agents Affiliated with this Home

  • Gail Joyce

    Seller's Agent in 2019

    Gail Joyce

    Rimsza Realty

    (602) 451-6567

    6 Total Sales

    Gail Joyce
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5726889

Arizona Regional Multiple Listing Service (ARMLS)

APN: 155-37-001A

Arizona Maricopa County Phoenix 85013 Uptown Phoenix

4610 N 7th Ave, 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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