Seller's Agent in 2023
Blake Mallery
Compass
(602) 851-7677
3 in this area
28 Total Sales
5402 S 40th St Phoenix, AZ 85040
South Mountain NeighborhoodEstimated Value: $2,115,967
Studio
--
Bath
9,644
Sq Ft
$219/Sq Ft
Est. Value
Highlights
- 0.59 Acre Lot
- Cooling Available
- Heating Available
- Phoenix Coding Academy Rated A
About This Home
As of May 2023±9,644 SF industrial building located in central Phoenix. The property features a two-story, 4,544 SF of office space along with 5,100 SF of warehouse space. The property also features solar panels and is situated on a secured 25,850 SF lot.
Property Details
Property Type
- Other
Est. Annual Taxes
- $22,248
Year Built
- Built in 1985
Lot Details
- 25,850 Sq Ft Lot
- Property is zoned CP/GCP
Home Design
- 9,644 Sq Ft Home
Parking
- 18 Parking Spaces
- 18 Covered Spaces
Utilities
- Cooling Available
- Heating Available
Community Details
- Eaton 40Th Street Business Park Subdivision
- Operating Expense $22,248
Listing and Financial Details
- Tax Lot 66
- Assessor Parcel Number 122-76-094
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 13, 2022
Closed on
May 9, 2023
Sold by
Bought by
Seller's Agent
Blake Mallery
Compass
Buyer's Agent
Jim Lieberthal
Cutler Commercial
List Price
$2,150,000
Sold Price
$2,000,000
Premium/Discount to List
-$150,000
-6.98%
Views
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,967
Avg. Annual Appreciation
1.83%
Original Mortgage
$1,332,500
Outstanding Balance
$1,289,922
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$826,045
Purchase Details
Closed on
Oct 4, 2022
Sold by
Bought by
Purchase Details
Closed on
Aug 17, 2020
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Interest Rate
3%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 6, 2016
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
3.66%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 15, 2015
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$702,000
Interest Rate
3.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 22, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,031,100
Interest Rate
6.53%
Mortgage Type
Commercial
Purchase Details
Closed on
May 15, 2003
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,000,000 | Kensington Vanguard National L | ||
| -- | None Listed On Document | ||
| -- | Chicago Title Agency | ||
| $1,100,000 | First Arizona Title Agency | ||
| $760,000 | Empire West Title Agency | ||
| $1,050,000 | Fidelity National Title | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,332,500 | ||
| Closed | $1,066,000 | ||
| Previous Owner | $1,920,000 | ||
| Previous Owner | $980,000 | ||
| Previous Owner | $702,000 | ||
| Previous Owner | $1,031,100 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/10/2023 05/10/23 | Sold | $2,000,000 | -7.0% | $207 / Sq Ft |
| 03/10/2023 03/10/23 | Pending | -- | -- | -- |
| 12/13/2022 12/13/22 | For Sale | $2,150,000 | -- | $223 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $20,896 | $138,590 | -- | -- |
| 2024 | $21,014 | $136,115 | -- | -- |
| 2023 | $21,014 | $196,061 | $40,409 | $155,652 |
| 2022 | $21,199 | $176,120 | $39,305 | $136,815 |
| 2021 | $22,248 | $172,008 | $36,936 | $135,072 |
| 2020 | $21,973 | $158,328 | $31,140 | $127,188 |
| 2019 | $21,263 | $142,848 | $30,168 | $112,680 |
| 2018 | $20,691 | $130,392 | $28,872 | $101,520 |
| 2017 | $19,720 | $106,434 | $26,730 | $79,704 |
| 2016 | $18,756 | $106,776 | $24,750 | $82,026 |
| 2015 | $18,146 | $115,089 | $23,477 | $91,612 |
Source: Public Records
Agents Affiliated with this Home
-
Blake Mallery
-
Beth Jo Zeitzer
Seller Co-Listing Agent in 2023
Beth Jo Zeitzer
R.O.I. Properties
(602) 653-0352
15 in this area
740 Total Sales
-
Jim Lieberthal
Buyer's Agent in 2023
Jim Lieberthal
Cutler Commercial
(480) 427-1002
2 in this area
70 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6498321
APN: 122-76-094
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.
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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