NOT LISTED FOR SALE

5448 S Central Ave Phoenix, AZ 85040

South Mountain Neighborhood
-- Bed
-- Bath
2,050 Sq Ft
10,316 Sq Ft Lot

Sale Details

Date Sold: September 15, 2019

Last sale price $675,000 $329 Per Sq Ft

169 Days on Market

Highlights

  • Solar Power System
  • Skylights
  • Central Air
  • Phoenix Coding Academy Rated A
  • Display Windows
  • Concrete Flooring

About This Home

As of September 2019

PRIME LONGSTANDING SHELL GAS (4 Total) FUEL CONTRACTS WITH SHELL, HEAVEY TRAFFIC CENTRAL, DEEP DEMOGRAPHICS 5 MI RADIOUS, CLEAR VISIBILITY WITH CROSS STREETS, HIGH CANOPY, C-STORE AND GAS FIIN PROFORMA ATTACHED WITH PROPERTY PROFILE.Shell Fuel Agmt exp: 5/6/26; AMAZING FULL 14.2% CAP RATE! F/C. MANAGED WELL. MAKE OFFER, OWNER ANXIOUS~

Last Agent to Sell the Property

Steve Thomas

Landnet Ventures LLC License #BR003499000 Listed on: 01/13/2019

Last Buyer's Agent

Steve Thomas

Landnet Ventures LLC License #BR003499000 Listed on: 01/13/2019

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $12,000

Year Built

  • Built in 1980

Lot Details

  • 10,316 Sq Ft Lot
  • Block Wall Fence
  • Chain Link Fence
  • Property is zoned commercial

Home Design

  • Brick Exterior Construction
  • Tile Roof
  • Built-Up Roof
  • Foam Roof
  • Block Exterior
  • ICAT Recessed Lighting
  • Stucco

Interior Spaces

  • 2,050 Sq Ft Home
  • Skylights
  • Display Windows
  • Concrete Flooring

Parking

  • 25 Open Parking Spaces
  • 55 Parking Spaces
  • 30 Covered Spaces

Eco-Friendly Details

  • Solar Power System

Utilities

  • Central Air
  • Heat Pump System
  • Separate Meters
  • Three-Phase Power
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 113-41-020

Community Details

Overview

  • Townsend Park Blks 1,2,3 Subdivision

Building Details

  • Operating Expense $836,877
  • Gross Income $1,192,006
  • Net Operating Income $168,093

Property Details

Property Type

Other

Est. Annual Taxes

$12,000

Year Built

Built in 1980

Lot Details

10,316 Sq Ft Lot

Listing Details

  • Cross Street: Central Ave/S of Broadway/N of Southern W side Cnt
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: commercial
  • Bay Info Bay Door Height: 28.0
  • Current Use: Mixed Use, Retail, Service Business, Retail PAD, Automobile, Packge Store(Liquor), Fast Food, Food Service
  • Number Of Buildings: 1
  • Year Built: 1980
  • Tax Year: 2017
  • Lot Size Acres: 0.24
  • Road Surface Type: Asphalt, Dedicated Street, Sidewalk(s)
  • Professional Management Expense: 97377.0
  • Subdivision Name: TOWNSEND PARK BLKS 1,2,3
  • Structure Type: Commercial, Industrial
  • Construction Brick: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Block, Chain Link, None
  • Construction Type: Stucco, Block, Brick, ICAT Recessed Lighting
  • Roof: See Remarks, Tile, Built-Up, Foam
  • Construction:Block: Yes
  • Construction:ICAT Recessed Lights: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Total Covered Spaces: 30.0
  • Open Parking Spaces: 25.0
  • Total Parking Spaces: 55.0
  • General Property Description:Covered Parking Spcs: 30.0
  • General Property Description:Uncvrd Parking Spcs: 25.0
  • General Property Description:Total Parking Spcs: 55.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: Solar, 3 Phase Power, Individual Meter, City Electric, SRP
  • Cooling: Office A/C, Central A/C
  • Heating: Heat Pump, Electric
  • Green Building Features: Skylight(s), Display Window(s)
  • Water Source: City Franchise, Master Meter, Individual Meter
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Association/Amenities

  • Amenities:Display Window(s): Yes
  • Amenities:Skylight(s)2: Yes

Fee Information

  • Annual Fuel Expense: 626912.0
  • Trash Expense: 2100.0
  • Annual Water Sewer Expense: 1200.0
  • Parking Fee: Yes

Lot Info

  • Lot Size Sq Ft: 10316.0
  • Additional Parcels: No
  • Parcel #: 113-41-020
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 3855.0
  • Annual Gross Income: 1192006.0
  • Insurance Expense: 5013.0
  • Maintenance Expense: 17300.0
  • Property Net Operating Income: 168093.0
  • Annual Operating Expense: 836876.84

Tax Info

  • Tax Annual Amount: 12000.0
  • Tax Book Number: 113.00
  • Tax Lot: 20
  • Tax Map Number: 41.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
09/15/2019 09/15/19 Sold $675,000 -10.6% $329 / Sq Ft
08/16/2019 08/16/19 Price Changed $755,000 0.0% $368 / Sq Ft
06/27/2019 06/27/19 Pending -- -- --
01/14/2019 01/14/19 Price Changed $755,000 +0.7% $368 / Sq Ft
01/09/2019 01/09/19 For Sale $750,000 -- $366 / 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
2023 $5,749 $48,161 $16,065 $32,096
2022 $5,749 $41,563 $11,865 $29,698
Source: Public Records

Agents Affiliated with this Home

  • Steve Thomas

    Seller's Agent in 2019

    Steve Thomas

    Landnet Ventures LLC

    (480) 998-9909

    1 Total Sale

    Steve Thomas
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5867332

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Phoenix 85040 South Mountain

5448 S Central 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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