NOT LISTED FOR SALE

7001 S Central Ave Phoenix, AZ 85020

South Mountain Neighborhood

Estimated Value: $422,000 - $526,000

-- Bed
5 Baths
1,330 Sq Ft
$343/Sq Ft Est. Value

Last Sold February 24, 2017

Last sale price $275,000 $207 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,483/month

110 Days on Market

Highlights

  • 0.85 Acre Lot
  • Phoenix Coding Academy Rated A
  • Central Air

About This Home

As of February 2017

** INVESTOR OPPORTUNITY directly on CENTRAL. Lot can be re-zoned for Multi family or use existing house and increase office footprint or Retail opportunity. Current zoning is C2, except for east 50 feet, which is R1-10. The Office is a 1,246 square foot brick building on Central Avenue completely remodeled. Preserving the original architectural features, this office building is both functional and very attractive. Arched interior doorways and wood floors. There are 4 private offices, a conference room, two restrooms, and a full kitchen with new appliances. The front entrance steps rise to a front porch with wood beam columns. There is also a ramp to accommodate wheel chair use. Set on a large lot of over 37,000 square feet, this property is highly visible on Central Avenue.

Last Agent to Sell the Property

Sandra Johnson

The Agency License #BR579404000 Listed on: 10/22/2016

The Agency

Last Buyer's Agent

Skyler Keyser

Keller Williams Realty Phoenix License #SA648442000

Keller Williams Realty Phoenix

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 1936

Lot Details

  • 0.85 Acre Lot
  • Property is zoned C2

Home Design

  • 1,330 Sq Ft Home
  • Wood Frame Construction
  • Tile Roof
  • Block Exterior
  • Stucco

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Roosevelt Place East 18 37 Subdivision
  • Operating Expense $1,500

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 114-10-011

Property Details

Property Type

Other

Est. Annual Taxes

$1,500

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Cross Street: Central and Southern
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C2
  • Current Use: Office
  • Number Of Buildings: 1
  • Year Built: 1936
  • Tax Year: 2015
  • Lot Size Acres: 0.85
  • Road Surface Type: Gravel, Dirt, Asphalt
  • Subdivision Name: ROOSEVELT PLACE EAST 18-37
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: None
  • Construction Type: Frame - Wood, Stucco, Block
  • Roof: See Remarks, Tile
  • Construction:Block: Yes
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 2.0
  • Parking:Private Parking: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 37157.0
  • Additional Parcels: No
  • Parcel #: 114-10-011
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 1500.0

Tax Info

  • Tax Annual Amount: 1500.0
  • Tax Book Number: 114.00
  • Tax Lot: 22
  • Tax Map Number: 10.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2018
Sold by
Cortes Guillermo Leon and Cortes Sekar Indiardjo
Bought by
Uribe Camargo Marcelino and Uribe Camargo Claudia
Current Estimated Value
$456,117

Purchase Details

Closed on
Oct 4, 2016
Sold by
Cortes Guillermo L and Cortes Sekar I
Bought by
Cortes Guillermo L and Cortes Sekar I

Purchase Details

Closed on
Dec 9, 2014
Sold by
Cortes Guillermo Leon and Cortes Sekar Indiardjo
Bought by
Cortes Guillermo Leon and Indiardjo Sekar

Purchase Details

Closed on
Jul 16, 2008
Sold by
Samaniego Martin and Samaniego Celia
Bought by
Cortes Guillermo Leon and Cortes Sekar Indiardjo

Purchase Details

Closed on
Mar 8, 2006
Sold by
Sanchez Juan M
Bought by
Samaniego Martin and Samaniego Celia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2005
Sold by
Vidales Victor and Vidales Florentina
Bought by
Sanchez Juan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.02%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Uribe Camargo Marcelino $255,000 Driggs Title Agency Inc
Cortes Guillermo L -- None Available
Cortes Guillermo L -- None Available
Cortes Guillermo Leon -- None Available
Cortes Guillermo Leon $410,000 Camelback Title Agency Llc
Samaniego Martin $450,000 Camelback Title Agency Llc
Sanchez Juan M $340,000 Title Security Agency Of Az
Vidales Victor $297,000 Title Security Agency Of Az
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Samaniego Martin $40,000
Previous Owner Vidales Victor $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2017 02/24/17 Sold $275,000 0.0% $207 / Sq Ft
01/21/2017 01/21/17 Pending -- -- --
10/03/2016 10/03/16 For Sale $275,000 -- $207 / 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 $1,205 $7,993 -- --
2024 $1,141 $7,613 -- --
2023 $1,141 $30,210 $6,040 $24,170
2022 $1,118 $22,200 $4,440 $17,760
2021 $1,141 $20,300 $4,060 $16,240
2020 $1,127 $18,050 $3,610 $14,440
2019 $1,090 $14,580 $2,910 $11,670
2018 $1,061 $11,680 $2,330 $9,350
2017 $1,011 $9,310 $1,860 $7,450
2016 $962 $7,900 $1,580 $6,320
2015 $905 $6,310 $1,260 $5,050
Source: Public Records

Agents Affiliated with this Home

  • Sandra Johnson

    Seller's Agent in 2017

    Sandra Johnson

    The Agency

    (480) 570-1179

    11 Total Sales

    Sandra Johnson
    Section Image
  • Skyler Keyser

    Buyer's Agent in 2017

    Skyler Keyser

    Keller Williams Realty Phoenix

    (480) 330-7216

    1 in this area

    133 Total Sales

    Skyler Keyser
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5515413

Arizona Regional Multiple Listing Service (ARMLS)

APN: 114-10-011

Arizona Maricopa County Phoenix 85020 South Mountain

7001 S Central Ave, Phoenix, AZ

Not Listed for Sale

Other

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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