NOT LISTED FOR SALE

Estimated Value: $2,628,510

Studio
-- Bath
10,001 Sq Ft
$263/Sq Ft Est. Value

Last Sold December 18, 2019

Last sale price $1,800,000 $180 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $15,214/month

147 Days on Market

About This Home

As of December 2019

Prime office location in North Central Phoenix for office or Lease. Large 10,000 sq ft of office space situated on a 27,059 sqft lot. 5,000 sq ft per floor. Recently remodeled with modern finishes on top floor. 10,000 Sq Ft office building for sale or lease. Building can be occupied by one or multiple tenants. Upstairs is currently occupied by one tenant. It can be easily split for multiple tenants. Downstairs is ready for a new buyer or tenant to be built out. Finishes downstairs will be similar to upstairs as shown on pictures. Owner who is occupying 2nd floor could move out or lease back for 6-12 months. 14 total available parking spaces, interior and exterior bathrooms. Excellent opportunity to own in this booming location. Call to schedule a tour.

Last Agent to Sell the Property

Edson Salas

ES Realty License #BR578194000 Listed on: 05/24/2019

Last Buyer's Agent

Omar Robles

Realty of America LLC License #BR541635000

Realty of America LLC

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $16,915

Year Built

  • Built in 1981

Lot Details

  • 0.62 Acre Lot
  • Block Wall Fence
  • Chain Link Fence
  • Property is zoned C-2

Home Design

  • 10,001 Sq Ft Home
  • Block Exterior

Parking

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

Utilities

  • Heat Pump System

Community Details

  • Evans Add To Orangewood Subdivision
  • Operating Expense $16,915

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 162-34-004-A

Property Details

Property Type

Other

Est. Annual Taxes

$16,915

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Cross Street: 7th Street and Bethany Home Rd
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Current Use: Office
  • Number Of Buildings: 1
  • Year Built: 1981
  • Tax Year: 2018
  • Lot Size Acres: 0.62
  • Road Surface Type: Asphalt
  • Subdivision Name: EVANS ADD TO ORANGEWOOD
  • Structure Type: Office
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: Block, Chain Link
  • Construction Type: Block
  • Roof: See Remarks, Other
  • Construction:Block: 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:Private Parking: Yes
  • Parking:Fenced: Yes
  • Parking:Parking Structure: Yes

Utilities

  • Electric: APS
  • Cooling: Office A/C
  • Heating: Heat Pump
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size Sq Ft: 27059.0
  • Additional Parcels: No
  • Parcel #: 162-34-004-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 16915.06

Tax Info

  • Tax Annual Amount: 16915.06
  • Tax Book Number: 162.00
  • Tax Lot: 1
  • Tax Map Number: 34.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2019
Closed on
Dec 13, 2019
Sold by
Bethany And 7Th Llc
Bought by
All In Properties Llc
Seller's Agent
Edson Salas
ES Realty
Buyer's Agent
Omar Robles
Realty of America LLC
List Price
$2,000,000
Sold Price
$1,800,000
Premium/Discount to List
-$200,000
-10%
Current Estimated Value
$2,628,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$828,510
Avg. Annual Appreciation
6.47%
Original Mortgage
$870,000
Outstanding Balance
$767,030
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$1,867,552

Purchase Details

Closed on
Jun 18, 2015
Sold by
Providence Properties Llc
Bought by
Bethany & 7Th Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,032,000
Interest Rate
3.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 22, 2001
Sold by
Stuckey Lawrence L and Stuckey Linda K
Bought by
Providence Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$777,000
Interest Rate
7.15%
Mortgage Type
Commercial
Source: Public Records
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
All In Properties Llc $1,720,000 Fidelity National Title Agcy
Bethany & 7Th Llc $1,100,000 Clear Title Agency Of Az
Providence Properties Llc $859,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open All In Properties Llc $870,000
Previous Owner Bethany & 7Th Llc $1,032,000
Previous Owner Providence Properties Llc $777,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2019 12/18/19 Sold $1,800,000 -10.0% $180 / Sq Ft
10/18/2019 10/18/19 Pending -- -- --
05/24/2019 05/24/19 For Sale $2,000,000 -- $200 / 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 $17,633 $135,350 -- --
2024 $17,383 $132,934 -- --
2023 $17,383 $176,426 $118,218 $58,208
2022 $17,361 $198,415 $119,350 $79,065
2021 $18,011 $199,890 $122,760 $77,130
2020 $17,731 $163,764 $110,142 $53,622
2019 $17,340 $139,194 $113,634 $25,560
2018 $16,915 $129,474 $96,318 $33,156
2017 $16,118 $112,248 $93,510 $18,738
2016 $15,562 $98,154 $71,190 $26,964
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5930618

Arizona Regional Multiple Listing Service (ARMLS)

APN: 162-34-004A