NOT LISTED FOR SALE

5121 N Central Ave Phoenix, AZ 85012

Uptown Phoenix Neighborhood

Estimated Value: $1,308,180

1 Bed
-- Bath
3,445 Sq Ft
$380/Sq Ft Est. Value

Last Sold October 30, 2013

Last sale price $515,000 $149 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $7,671/month

31 Days on Market

Highlights

  • Community Kitchen
  • Madison Richard Simis School Rated A-
  • Central Air

About This Home

As of October 2013

BEAUTIFUL WELL MAINTAINED MEDICAL OFFICE. SUITE A(2,700 SQ/FT) IS PLASTIC SURGEON OFFICE BEEN THERE FOR 12 YEARS HAS 2 YEARS LEFT ON LEASE. 4 EXAM ROOMS(3 WITH SINKS) 2 BATHROOMS, 3 ELEGANT OFFICES,SPACIOUS WAITING ROOM,KITCHEN & SUPPLY ROOMS. SUITE B(800 SQ/FT) WAS MEDICAL SUPPLY COMPANY NOW VACANT. GREAT HIGH TRAFFIC LOCATION, AMPLE PARKING JUST NORTH OF UPTOWN PLAZA.BOTH UNITS HAVE PRIVATE ENTRANCE/EXITS AND PRIVATE BATHROOMS. TENANTS PAY OWN UTILITIES-ADDED TO RENTS

Last Agent to Sell the Property

Felix Villa

West USA Realty License #BR023936000 Listed on: 08/03/2013

West USA Realty

Co-Listed By

Janice Galvin

West USA Realty License #BR021759000

Last Buyer's Agent

Felix Villa

West USA Realty License #BR023936000 Listed on: 08/03/2013

West USA Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,692

Year Built

  • Built in 1956

Lot Details

  • 0.26 Acre Lot
  • Property is zoned C-2

Home Design

  • 3,445 Sq Ft Home
  • Brick Exterior Construction
  • Wood Frame Construction
  • Tile Roof
  • Block Exterior

Parking

  • 10 Open Parking Spaces
  • 14 Parking Spaces
  • 4 Covered Spaces

Utilities

  • Central Air
  • Multiple Heating Units

Additional Features

  • Basement

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 162-20-051

Community Details

Overview

  • Building Dimensions are 90X125
  • Windsor Sq Subdivision

Amenities

  • Community Kitchen
  • Reception Area

Building Details

  • Operating Expense $9,992
  • Gross Income $67,200
  • Net Operating Income $57,200

Property Details

Property Type

Other

Est. Annual Taxes

$7,692

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Cross Street: CENTRAL/CAMELBACK
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Current Use: Medical/Dental
  • Number Of Buildings: 1
  • Year Built: 1956
  • Tax Year: 2012
  • Directions: NORTH ON CENTRAL FROM CAMELBACK TO SE CORNER OF CENTRAL AND ORANGE DR
  • Lot Size Acres: 0.26
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: wusa04
  • Co List Office Phone: 480-820-3333
  • Subdivision Name: WINDSOR SQ
  • Structure Type: Commercial, Office
  • Construction Brick: Yes
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: None
  • Construction Type: Frame - Wood, Block, Brick
  • Roof: Tile
  • Construction:Block: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 14.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 14.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: 2 or More Units
  • Green Building Features: Basement, Physcl Chlgd (SRmks), Reception Room, Kitchen
  • Water Source: City Franchise
  • Heating:_two_ or More Units3: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Basement: Yes
  • Amenities:Physcl Chlgd (SRmks): Yes

Lot Info

  • Lot Size: 90X125
  • Lot Size Sq Ft: 11250.0
  • Additional Parcels: No
  • Parcel #: 162-20-051
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Gross Income: 67200.0
  • Insurance Expense: 2300.0
  • Property Net Operating Income: 57200.0
  • Annual Operating Expense: 9992.0
  • Leasable Area: 3445.0

Tax Info

  • Tax Annual Amount: 7692.0
  • Tax Book Number: 162.00
  • Tax Lot: 22
  • Tax Map Number: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2019
Sold by
Acharya Llc
Bought by
5121 N Central Llc
Current Estimated Value
$1,308,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 3, 2013
Closed on
Sep 27, 2013
Sold by
Herro Joanne and Ralph F Herro Family Trust
Bought by
Acharya Llc
Seller's Agent
Felix Villa
West USA Realty
Buyer's Agent
Felix Villa
West USA Realty
List Price
$575,000
Sold Price
$515,000
Premium/Discount to List
-$60,000
-10.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.14%
Original Mortgage
$370,000
Interest Rate
4.55%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 16, 2005
Sold by
Herro Investments Partnership Ltd
Bought by
Herro Joanne and The Ralph F Herro Family Trust
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
5121 N Central Llc $810,000 Premier Title Agency
Acharya Llc $515,000 American Title Service Agenc
Herro Joanne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5121 N Central Llc $590,000
Previous Owner Acharya Llc $370,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2013 10/30/13 Sold $515,000 -10.4% $149 / Sq Ft
09/03/2013 09/03/13 Pending -- -- --
08/03/2013 08/03/13 For Sale $575,000 -- $167 / 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 $8,822 $68,879 -- --
2024 $8,846 $67,649 -- --
2023 $8,846 $97,818 $55,896 $41,922
2022 $8,835 $103,356 $63,823 $39,533
2021 $9,166 $105,966 $65,646 $40,320
2020 $9,023 $104,454 $68,832 $35,622
2019 $8,824 $97,704 $66,600 $31,104
2018 $8,608 $80,748 $54,126 $26,622
2017 $8,202 $79,200 $52,542 $26,658
2016 $7,920 $64,422 $42,516 $21,906
2015 $7,560 $52,004 $31,913 $20,091
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2013

    Felix Villa

    West USA Realty

    (602) 339-0511

    79 Total Sales

    Felix Villa
    Section Image

  • J

    Seller Co-Listing Agent in 2013

    Janice Galvin

    West USA Realty

    (602) 432-8298

    85 Total Sales

    Janice Galvin
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4977732

Arizona Regional Multiple Listing Service (ARMLS)

APN: 162-20-051

Arizona Maricopa County Phoenix 85012 Uptown Phoenix

5121 N Central Ave, Phoenix, AZ

This home is located at 5121 N Central Ave, Phoenix, AZ 85012 since 03 August 2013 and is currently estimated at $1,308,180, approximately $379 per square foot. This property was built in 1956. 5121 N Central Ave is a home located in Maricopa County with nearby schools including Madison Richard Simis School, Madison Meadows School, and Central 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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