NOT LISTED FOR SALE

5138 E Thomas Rd Phoenix, AZ 85018

Camelback East Village Neighborhood

Estimated Value: $1,022,668

-- Bed
-- Bath
3,840 Sq Ft
$266/Sq Ft Est. Value

Last Sold September 09, 2014

Last sale price $465,000 $121 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $5,893/month

97 Days on Market

Highlights

  • 0.36 Acre Lot
  • Tavan Elementary School Rated A
  • Central Air

About This Home

As of September 2014

Well located East Phoenix/Arcadia neighbor hood retail building with Arnie's Health Food, DiVito's Pizza and a Hair Salon. Arnie is the owner and he is looking to retire so his business is for sale too separately. Or if somebody wants his space they can buy and use it. The other two tenants have been there for years and are on a years lease. Owner may carry with significant down payment for 3 years. Call listing broker for information. Submit offers.

Last Agent to Sell the Property

Tom Henschen

Tom Henschen And Assoc., Inc License #BR017623000 Listed on: 04/29/2014

Last Buyer's Agent

Steven Ligidakis

HomeSmart License #SA574210000

HomeSmart

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,046

Year Built

  • Built in 1966

Lot Details

  • 0.36 Acre Lot
  • Block Wall Fence
  • Property is zoned C-1 & P-1

Home Design

  • 3,840 Sq Ft Home
  • Built-Up Roof
  • Block Exterior

Parking

  • 28 Open Parking Spaces
  • 28 Parking Spaces

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 128-16-007-J

Community Details

Overview

  • Orange Homesites Subdivision

Building Details

  • Operating Expense $18,067
  • Gross Income $63,636,480
  • Net Operating Income $32,667

Property Details

Property Type

Other

Est. Annual Taxes

$6,046

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Cross Street: 52nd St. and Thomas Rd.
  • Property Type: Comm/Industry Sale
  • Zoning: C-1 & P-1
  • Current Use: Retail, Service Business, Food Service
  • Number Of Buildings: 1
  • Year Built: 1966
  • Tax Year: 2013
  • Lot Size Acres: 0.36
  • Road Surface Type: Asphalt, Dedicated Street
  • Subdivision Name: Orange Homesites
  • Structure Type: Commercial
  • Tax Parcel Letter: J
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other

Exterior Features

  • Fencing: Block
  • Construction Type: Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Open Parking Spaces: 28.0
  • Total Parking Spaces: 28.0
  • General Property Description:Uncvrd Parking Spcs: 28.0
  • General Property Description:Total Parking Spcs: 28.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: Individual Meter, SRP
  • Cooling: Central A/C, Other, See Remarks
  • Heating: Natural Gas
  • Water Source: City Franchise, Individual Meter
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Size Sq Ft: 15845.0
  • Additional Parcels: No
  • Parcel #: 128-16-007-J
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Gross Income: 63636480.0
  • Insurance Expense: 2976.0
  • Property Net Operating Income: 32667.0
  • Annual Operating Expense: 18067.0
  • Vacancy Allowance Rate: 1382.0

Tax Info

  • Tax Annual Amount: 6046.0
  • Tax Book Number: 128.00
  • Tax Lot: 00
  • Tax Map Number: 16.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2014
Closed on
Sep 8, 2014
Sold by
Cole Muriel A and Cole Arnold T
Bought by
Kingdom Medical Llc
Seller's Agent
Tom Henschen
Tom Henschen And Assoc., Inc
Buyer's Agent
Steven Ligidakis
HomeSmart
List Price
$550,000
Sold Price
$465,000
Premium/Discount to List
-$85,000
-15.45%
Current Estimated Value
$1,022,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$557,668
Avg. Annual Appreciation
7.22%

Purchase Details

Closed on
Feb 24, 1997
Sold by
Cole Arnold T and Cole Muriel A
Bought by
Cole Muriel A and Cole Arnold T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kingdom Medical Llc $465,000 Magnus Title Agency
Cole Muriel A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2014 09/09/14 Sold $465,000 -15.5% $121 / Sq Ft
08/04/2014 08/04/14 Pending -- -- --
04/29/2014 04/29/14 For Sale $550,000 -- $143 / 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 $6,416 $77,964 -- --
2024 $6,380 $76,572 -- --
2023 $6,380 $118,490 $76,857 $41,633
2022 $6,299 $113,086 $73,378 $39,708
2021 $6,715 $116,604 $75,474 $41,130
2020 $6,616 $106,614 $64,512 $42,102
2019 $6,368 $103,392 $61,434 $41,958
2018 $6,124 $97,758 $55,116 $42,642
2017 $5,884 $86,760 $49,878 $36,882
2016 $5,732 $78,336 $44,514 $33,822
2015 $5,400 $65,823 $39,442 $26,381
Source: Public Records

Agents Affiliated with this Home

  • Tom Henschen

    Seller's Agent in 2014

    Tom Henschen

    Tom Henschen And Assoc., Inc

    (602) 840-8484

    5 in this area

    78 Total Sales

    Tom Henschen
    Section Image

  • S

    Buyer's Agent in 2014

    Steven Ligidakis

    HomeSmart

    (480) 656-7714

    2 in this area

    21 Total Sales

    Steven Ligidakis
    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5107452

Arizona Regional Multiple Listing Service (ARMLS)

APN: 128-16-007J

Arizona Maricopa County Phoenix 85008 Camelback East Village

5138 E Thomas Rd, 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

Nearby Homes