NOT LISTED FOR SALE

5502 W Indian School Rd Phoenix, AZ 85031

Phoenix Area

Estimated Value: $487,256

Studio

3 Baths

2,042 Sq Ft

$239/Sq Ft Est. Value

Date Sold: September 28, 2018

Last sale price $270,000 $132 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,032 / mo

17 Days on Market

Highlights

Central Air
Carpet
Heating Available
Phoenix Coding Academy Rated A

About This Home

As of September 2018

Medical office space on highly visible corner lot. 8+ parking spaces, side yard, 5+ exam rooms, 4+ bathrooms. Seller will carry with 20% down at as low as a 6% rate. Buyer to do own due diligence. Property is located close to restaurants, shops, freeway, airport and more. Oversized Lot & NO HOA! Don't miss seeing it today!

Last Agent to Sell the Property

David Arustamian

Russ Lyon Sotheby's International Realty License #BR662152000 Listed on: 08/20/2018

Last Buyer's Agent

Alejandro Sanchez

HomeSmart License #SA546000000

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Property Details

Property Type

Other

Est. Annual Taxes

$4,161

Year Built

Built in 1957

Lot Details

10,000 Sq Ft Lot
Chain Link Fence
Property is zoned Medical

Home Design

Composition Roof
Block Exterior

Interior Spaces

2,042 Sq Ft Home
Carpet

Parking

8 Open Parking Spaces
8 Parking Spaces
Private Parking
Paved Parking

Utilities

Central Air
Heating Available

Community Details

Maryvale Terrace 15 Subdivision
Operating Expense $4,161

Listing and Financial Details

Tax Lot 2810
Assessor Parcel Number 144-48-052

Property Details

Property Type

Other

Est. Annual Taxes

$4,161

Year Built

Built in 1957

Lot Details

10,000 Sq Ft Lot

Listing Details

Cross Street: 55th Avenue and Indian School
Legal Info Range: 2E
Property Type: Comm/Industry Sale
Zoning: Medical
Number Of Buildings: 1
Ownership: Fee Simple
Year Built: 1957
Tax Year: 2017
Lot Size Acres: 0.23
Road Surface Type: Asphalt
Subdivision Name: Maryvale Terrace 15
Structure Type: Commercial
Special Features: None
Property Sub Type: Other

Interior Features

Flooring: Carpet
Living Area: 2042.0

Exterior Features

Fencing: Chain Link
Disclosures: None
Construction Type: Block
Roof: Composition
Construction:Block: Yes

Garage/Parking

Parking Features: Paved Parking, Private Parking
Attached Garage: No
Open Parking Spaces: 8.0
Total Parking Spaces: 8.0
General Property Description:Uncvrd Parking Spcs: 8.0
General Property Description:Total Parking Spcs: 8.0
Parking:Paved Parking: Yes
Parking:Private Parking: Yes

Utilities

Electric: SRP
Cooling: Central A/C
Heating: Electric
Water Source: City Franchise
Heating:Electric: Yes

Lot Info

Lot Size Sq Ft: 10000.0
Parcel #: 144-48-052
ResoLotSizeUnits: SquareFeet

Multi Family

Annual Operating Expense: 4161.0

Tax Info

Tax Annual Amount: 4161.0
Tax Book Number: 144.00
Tax Lot: 2810
Tax Map Number: 48.00

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.

Sep 2018 - Present 8 Years

Company

Purchase Details

Listed on

Aug 20, 2018

Closed on

Sep 26, 2018

Sold by

Pain And Rehabilitation Consultants Llc

Bought by

Seller's Agent

David Arustamian

Russ Lyon Sotheby's International Realty

Buyer's Agent

Alejandro Sanchez

HomeSmart

List Price

$279,900

Sold Price

$270,000

Premium/Discount to List

-$9,900

-3.54%

Current Estimated Value

$487,256

Estimated Appreciation

$217,256

Avg. Annual Appreciation

7.73%

Original Mortgage

$216,000

Interest Rate

4.5%

Mortgage Type

Purchase Money Mortgage

Dec 2013 - Sep 2018 Pain & Rehabilitation Consultants Llc 4 Years and 9 Months

Company

Purchase Details

Closed on

Dec 23, 2013

Sold by

Abdalah Ehab Farouk

Bought by

Pain & Rehabilitation Consultants Llc

Mar 2012 - Dec 2013 Abdalah Ehab 1 Year and 9 Months

Private Individual

Purchase Details

Closed on

Mar 16, 2012

Sold by

Home Again Properties Inc Anarizona Corp

Bought by

Abdalah Ehab

Nov 2011 - Mar 2012 Home Again Properties Inc 4 Months

Company

Purchase Details

Closed on

Nov 29, 2011

Sold by

Miller Arthur N

Bought by

Home Again Properties Inc

Feb 2009 - Nov 2011 Miller Arthur N and Miller Pamela L 2 Years and 9 Months

Private Individual

Purchase Details

Closed on

Feb 27, 2009

Sold by

Miller Arthur N and Arthur N Miller Revocable Trus

Bought by

Miller Arthur N and Miller Pamela L

Aug 2005 - Feb 2009 Miller Arthur N and Arthur N Miller Revocable Trus 3 Years and 6 Months

Private Individual

Purchase Details

Closed on

Aug 12, 2005

Sold by

Miller Arthur N and Miller Md Arthur N

Bought by

Miller Arthur N and Arthur N Miller Revocable Trus

Mar 2005 - Aug 2005 Miller Arthur N and Arthur N Miller Revocable Trus 5 Months

Private Individual

Purchase Details

Closed on

Mar 7, 2005

Sold by

Miller Orna

Bought by

Miller Arthur N and Arthur N Miller Revocable Trus

Dec 2004 - Mar 2005 Miller Orna 3 Months

Private Individual

Purchase Details

Closed on

Dec 20, 2004

Sold by

Miller Arthur N and Estate Of Michael S Miller

Bought by

Miller Orna

Source: Public Records

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.

Buyer	Sale Price	Title Company
	$270,000	First Arizona Title Agency L
Pain & Rehabilitation Consultants Llc	--	Accommodation
Abdalah Ehab	$100,000	Driggs Title Agency Inc
Home Again Properties Inc	$18,000	Driggs Title Agency Inc
Miller Arthur N	--	None Available
Miller Arthur N	--	Stewart Title & Trust Of Pho
Miller Arthur N	--	Stewart Title & Trust Of Pho
Miller Arthur N	--	Stewart Title & Trust Of Pho
Miller Orna	--	Stewart Title & Trust Of Pho

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		$250,000
	Closed	Jl Properties I Llc	$216,000

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
09/28/2018 09/28/18	Sold	$270,000	-3.5%	$132 / Sq Ft
08/20/2018 08/20/18	For Sale	$279,900	0.0%	$137 / Sq Ft
08/18/2018 08/18/18	Pending	--	--	--
08/01/2018 08/01/18	For Sale	$279,900	--	$137 / 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	$4,273	$24,410
2024	$4,513	$23,974
2023	$4,513	$53,057	$19,142	$33,915
2022	$4,381	$43,418	$16,783	$26,635
2021	$4,562	$42,750	$17,262	$25,488
2020	$4,323	$43,686	$13,284	$30,402
2019	$4,137	$39,258	$12,204	$27,054
2018	$4,302	$40,554	$12,546	$28,008
2017	$4,161	$20,880	$6,606	$14,274
2016	$3,980	$19,782	$6,228	$13,554
2015	$3,816	$18,223	$4,681	$13,542

Source: Public Records

Agents Affiliated with this Home

Seller's Agent in 2018

David Arustamian

Russ Lyon Sotheby's International Realty

(480) 331-0707

401 Total Sales

David Arustamian
AS

Buyer's Agent in 2018

Alejandro Sanchez

HomeSmart

(602) 499-0066

48 Total Sales

Alejandro Sanchez

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5801182

APN: 144-48-052

Arizona Maricopa County Phoenix 85031

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

Nearby Homes

5502 W Indian School Rd Phoenix, AZ 85031

Sale Details

Highlights

About This Home

Property Details

Property Type

Est. Annual Taxes

Year Built

Lot Details

Home Design

Interior Spaces

Parking

Utilities

Community Details

Listing and Financial Details

Property Details

Listing Details

Interior Features

Exterior Features

Garage/Parking

Utilities

Lot Info

Multi Family

Tax Info

Ownership History

Purchase Details

Home Financials for this Owner

Purchase Details

Purchase Details

Purchase Details

Purchase Details

Purchase Details

Purchase Details

Purchase Details

Purchase History

Mortgage History

Property History

Tax History

Agents Affiliated with this Home

Map