NOT LISTED FOR SALE

Estimated Value: $1,782,283

Studio
-- Bath
6,440 Sq Ft
$277/Sq Ft Est. Value

Sale Details

Date Sold: February 12, 2013

Last sale price $675,000 $105 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $10,477 / mo

10 Days on Market

Highlights

  • Central Air
  • Madison Richard Simis School Rated A-
  • Heating System Uses Natural Gas

About This Home

As of February 2013

100% occupied**most tenants are month to month and many are long term tenants with the two major tenants being in the building over 13 years**Full Service building**Owner has slated many improvements including replacing the last two older AC units; recoating the roof with 5 year warranty; repaving the parking lot and drive; upgrading the landscaping watering system; ETC

Last Agent to Sell the Property

Jim McCabe

Fathom Realty Elite License #SA016183000 Listed on: 10/30/2012

Fathom Realty Elite

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,311

Year Built

  • Built in 1960

Lot Details

  • 16,361 Sq Ft Lot
  • Property is zoned C-2

Home Design

  • 6,440 Sq Ft Home
  • Built-Up Roof
  • Block Exterior
  • Stucco

Parking

  • 11 Open Parking Spaces
  • 23 Parking Spaces
  • 12 Covered Spaces

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Operating Expense $32,289
  • Net Operating Income $64,595

Listing and Financial Details

  • Tax Lot A
  • Assessor Parcel Number 162-35-062-E

Property Details

Property Type

Other

Est. Annual Taxes

$8,311

Year Built

Built in 1960

Lot Details

0.38 Acres

Listing Details

  • Cross Street: 7th Street and Missouri
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Current Use: Office
  • Number Of Buildings: 1
  • Year Built: 1960
  • Tax Year: 2012
  • Lot Size Acres: 0.38
  • Subdivision Name: TBD
  • Structure Type: Office
  • Tax Parcel Letter: E
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: Block
  • Construction Type: Stucco, Block
  • Roof: See Remarks, Built-Up
  • Construction:Block: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Total Covered Spaces: 12.0
  • Open Parking Spaces: 11.0
  • Total Parking Spaces: 23.0
  • General Property Description:Covered Parking Spcs: 12.0
  • General Property Description:Uncvrd Parking Spcs: 11.0
  • General Property Description:Total Parking Spcs: 23.0
  • Parking:Private Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Electric, Natural Gas
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Fee Information

  • Annual Fuel Expense: 456.0
  • Trash Expense: 660.0
  • Annual Water Sewer Expense: 480.0

Lot Info

  • Lot Size Sq Ft: 16361.0
  • Additional Parcels: No
  • Parcel #: 162-35-062-E
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 14712.0
  • Insurance Expense: 1805.0
  • Maintenance Expense: 1800.0
  • Property Net Operating Income: 64595.0
  • Annual Operating Expense: 32289.0

Tax Info

  • Tax Annual Amount: 8311.0
  • Tax Book Number: 162.00
  • Tax Lot: A
  • Tax Map Number: 35.00

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.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2023
Sold by
Bought by
Current Estimated Value
$1,782,283

Purchase Details

Listed on
Oct 30, 2012
Closed on
Jan 26, 2013
Sold by
Bought by
Seller's Agent
Jim McCabe
Fathom Realty Elite
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$675,000
Sold Price
$675,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%
Original Mortgage
$337,500
Interest Rate
3.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 28, 2012
Sold by
Bought by

Purchase Details

Closed on
Mar 16, 2007
Sold by
Bought by

Purchase Details

Closed on
Sep 20, 2004
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
$180,000
Interest Rate
5.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 13, 2004
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
$180,000
Interest Rate
5.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 2001
Sold by
Bought by

Purchase Details

Closed on
Jul 31, 1997
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
$222,250
Interest Rate
7.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 1995
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
$175,000
Interest Rate
7.97%
Mortgage Type
Seller Take Back
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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.

Date Buyer Sale Price Title Company
$1,725,000 Stewart Title & Trust Of Phoen
$675,000 First American Title Ins Co
$150,000 Chicago Title
-- None Available
$655,000 Transnation Title
-- Transnation Title
$605,000 Capital Title Agency
$317,500 Chicago Title Insurance Co
$240,000 Grand Canyon Title Agency In
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
Previous Owner $337,500
Previous Owner $180,000
Previous Owner $222,250
Previous Owner $175,000
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
02/12/2013 02/12/13 Sold $675,000 0.0% $105 / Sq Ft
11/01/2012 11/01/12 Pending -- -- --
10/22/2012 10/22/12 For Sale $675,000 -- $105 / 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 $9,868 $75,748 -- --
2024 $9,728 $74,395 -- --
2023 $9,728 $109,905 $76,942 $32,963
2022 $9,716 $131,251 $78,383 $52,868
2021 $10,080 $134,532 $80,622 $53,910
2020 $9,923 $105,318 $74,916 $30,402
2019 $9,704 $96,462 $69,030 $27,432
2018 $9,466 $86,112 $56,862 $29,250
2017 $9,021 $73,512 $55,206 $18,306
2016 $8,709 $63,522 $43,416 $20,106
2015 $8,314 $64,399 $33,689 $30,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4842300

Arizona Regional Multiple Listing Service (ARMLS)

APN: 162-35-062E

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