NOT LISTED FOR SALE

5736 N 7th St Phoenix, AZ 85014

Estimated Value: $2,633,847

-- Bed
-- Bath
14,929 Sq Ft
$176/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $2,500,000 $167 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $15,047/month

131 Days on Market

Highlights

  • Skylights
  • Central Air
  • Concrete Flooring
  • Madison Richard Simis School Rated A-
  • Heating unit installed on the ceiling

About This Home

As of August 2023

Do not disturb tenant. Showings can only be outside of business hours.

TThere are 2 buildings located on multiple parcels. The south building floorplate is 5,966 square feet with additional mezzanine space. The north building floorplate is 8,963 square feet with additional mezzanine space. In addition to the buildings, there is a secure yard and 7th street frontage.

Last Agent to Sell the Property

Brett Nicholas

RE/MAX Fine Properties License #SA687827000 Listed on: 02/28/2023

RE/MAX Fine Properties

Last Buyer's Agent

John Klocek

ABI Multifamily License #SA657592000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,514

Year Built

  • Built in 1973

Lot Details

  • 0.7 Acre Lot
  • Chain Link Fence
  • Property is zoned C-2

Home Design

  • Block Exterior

Interior Spaces

  • 14,929 Sq Ft Home
  • Skylights

Flooring

  • Concrete
  • Vinyl

Parking

  • 14 Open Parking Spaces
  • 14 Parking Spaces
  • Free Parking

Utilities

  • Central Air
  • Heating unit installed on the ceiling

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 162-34-033-F

Community Details

Overview

  • 2 Buildings
  • Evans Addition To Orangewood Block 4 Lots 15 20 Subdivision

Amenities

  • Showroom

Property Details

Property Type

Other

Est. Annual Taxes

$5,514

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: Bethany Home Rd & 7th St
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 2
  • Year Built: 1973
  • Tax Year: 2022
  • Directions: Soutwest corner of Palo Verde and 7th St
  • Lot Size Acres: 0.7
  • Subdivision Name: EVANS ADDITION TO ORANGEWOOD BLOCK 4 LOTS 15-20
  • Structure Type: Other (See Remarks), Commercial
  • Tax Parcel Letter: F
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Vinyl, Concrete

Exterior Features

  • Fencing: Chain Link
  • Construction Type: Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Free
  • Attached Garage: No
  • Open Parking Spaces: 14.0
  • Total Parking Spaces: 14.0
  • General Property Description:Uncvrd Parking Spcs: 14.0
  • General Property Description:Total Parking Spcs: 14.0
  • Parking:Free: Yes

Utilities

  • Electric: APS
  • Cooling: Warehouse Evap, Office A/C, Central A/C
  • Heating: Electric, Ceiling
  • Green Building Features: Showroom, Skylight(s)
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Ceiling: Yes

Association/Amenities

  • Amenities:Showroom: Yes
  • Amenities:Skylight(s)2: Yes

Lot Info

  • Lot Size Sq Ft: 30600.0
  • Parcel #: 162-34-033-F
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5514.0
  • Tax Book Number: 162.00
  • Tax Lot: 5
  • Tax Map Number: 34.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2023
Closed on
Oct 6, 2023
Sold by
Ccj & D Llc
Bought by
Stay Eagar Llc and T Lux Workhorse Llc
Seller's Agent
Brett Nicholas
RE/MAX Fine Properties
Buyer's Agent
John Klocek
ABI Multifamily
List Price
$3,000,000
Sold Price
$2,500,000
Premium/Discount to List
-$500,000
-16.67%
Views
11
Current Estimated Value
$2,633,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,847
Avg. Annual Appreciation
3.02%
Original Mortgage
$2,278,000
Outstanding Balance
$2,244,187
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$402,984

Purchase Details

Closed on
Oct 6, 2011
Sold by
Shaw Carol
Bought by
Shaw Carol and Christiopher Shaw & Carol Shaw Revocable

Purchase Details

Closed on
Jun 30, 1997
Sold by
The Scottsdale I Ltd Partnership
Bought by
Shaw Christopher and Shaw Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
7.92%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Stay Eagar Llc $2,500,000 Kensington Vanguard National L
Shaw Carol -- None Available
Shaw Christopher $750,000 Chicago Title Insurance Co
The Scottsdale I Ltd Partnership -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stay Eagar Llc $2,278,000
Previous Owner Shaw Christopher $555,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $2,500,000 -15.3% $167 / Sq Ft
07/09/2023 07/09/23 Pending -- -- --
04/11/2023 04/11/23 Price Changed $2,950,000 -1.7% $198 / Sq Ft
02/28/2023 02/28/23 For Sale $3,000,000 -- $201 / 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 $5,506 $42,991 $42,991 --
2024 $5,521 $42,223 $42,223 --
2023 $5,521 $65,654 $65,654 $0
2022 $5,514 $66,133 $66,133 $0
2021 $5,721 $68,022 $68,022 $0
2020 $5,632 $60,516 $60,516 $0
2019 $5,508 $58,572 $58,572 $0
2018 $5,373 $49,986 $49,986 $0
2017 $5,120 $48,546 $48,546 $0
2016 $4,943 $36,666 $36,666 $0
2015 $4,719 $31,968 $31,968 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6525780

Arizona Regional Multiple Listing Service (ARMLS)

APN: 162-34-033F