NOT LISTED FOR SALE

702 E Coronado Rd Phoenix, AZ 85006

Coronado Neighborhood
-- Bed
-- Bath
1,516 Sq Ft
5,398 Sq Ft Lot

Last Sold October 01, 2024

Last sale price $3,499 $2 Per Sq Ft

91 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • 5-minute walk to Townsend Park
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of October 2024

Excellent Street visibility sets up this beautiful red brick building in a prime location for all types of business. Great location with small basement and plenty of parking makes this the perfect home for a variety of businesses. Office space, Boutique store, Salon, or Unique Restaurant Concepts.

Last Agent to Sell the Property

Don Mortensen

LRA Real Estate Group, LLC License #BR529840000 Listed on: 06/13/2024

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 1910

Lot Details

  • 5,398 Sq Ft Lot
  • Property is zoned C-1

Home Design

  • 1,516 Sq Ft Home
  • Tilt Up Walls
  • Composition Roof
  • Block Exterior

Flooring

  • Wood
  • Vinyl

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Private Parking
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Community Details

  • Hurley Heights Subdivision

Listing and Financial Details

  • Property Available on 6/13/24
  • Tenant pays for trash collection, electricity, water, sewer, fire insurance-bldg, contents insurance, glass insurance, liability insurance, janitorial service, common area maintenance, parking area maint, taxes
  • Tax Lot 13
  • Assessor Parcel Number 117-32-042

Property Details

Property Type

Other

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Cross Street: N 7th St & E McDowell Rd
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Lease
  • Zoning: C-1
  • Lease Info Annual Lease Price: 41988.0
  • Lease Info Annual Lse Prc P S F: 27.7
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 1-5
  • Lease Info Space Divisible: No
  • Year Built: 1910
  • Tax Year: 2023
  • Lot Size Acres: 0.12
  • Subdivision Name: HURLEY HEIGHTS
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Vinyl, Wood
  • Living Area: 1516.0

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Tilt-Up, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Construction:Tilt-Up: Yes

Garage/Parking

  • Parking Features: Paved Parking, Private Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Tenant Pays:Parking Area Maint: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 5398.0
  • Additional Parcels: No
  • Parcel #: 117-32-042
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2024-06-13

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Electricity, Water, Sewer, Fire Insurance-Bldg, Contents Insurance, Glass Insurance, Liability Insurance, Janitorial Service, Common Area Maintenance, Parking Area Maint, Taxes
  • Existing Lease Type: NNN
  • Leasable Area: 1516.0

Tax Info

  • Tax Annual Amount: 4044.0
  • Tax Book Number: 117.00
  • Tax Lot: 13
  • Tax Map Number: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2021
Closed on
Jun 4, 2021
Sold by
Baker Management Services Llc
Bought by
Waheguru Ji Homes Llc
Seller's Agent
Angela Ojile
HomeSmart
Buyer's Agent
Mandeep Sodhi
LRA Real Estate Group, LLC
List Price
$599,000
Sold Price
$578,000
Premium/Discount to List
-$21,000
-3.51%

Purchase Details

Closed on
Aug 13, 2007
Sold by
Carnagan Llc
Bought by
Baker Management Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
6.62%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 24, 2006
Sold by
Hvizdos Franceska M
Bought by
Carnagan Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.29%
Mortgage Type
Commercial
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
Waheguru Ji Homes Llc $578,000 First American Title Ins Co
Baker Management Services Llc $475,000 Westland Title Agency Of Az
Carnagan Llc $245,000 Westland Title Agency Of Az
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baker Management Services Llc $430,000
Previous Owner Carnagan Llc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2024 10/01/24 Sold $3,499 0.0% $2 / Sq Ft
06/13/2024 06/13/24 For Sale $3,499 +16.8% $2 / Sq Ft
03/01/2022 03/01/22 Sold $2,995 0.0% $2 / Sq Ft View Prior Sale
06/24/2021 06/24/21 For Sale $2,995 -99.5% $2 / Sq Ft
06/07/2021 06/07/21 Sold $578,000 -3.5% $377 / Sq Ft View Prior Sale
05/07/2021 05/07/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $599,000 -- $390 / 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 $4,083 $28,743 -- --
2024 $4,044 $28,230 -- --
2023 $4,044 $49,300 $32,215 $17,085
2022 $4,015 $40,425 $24,850 $15,575
2021 $4,099 $41,634 $25,560 $16,074
2020 $4,146 $36,306 $17,748 $18,558
2019 $4,140 $37,170 $12,222 $24,948
2018 $4,069 $25,650 $10,908 $14,742
2017 $3,974 $22,140 $11,376 $10,764
2016 $3,860 $20,844 $10,620 $10,224
2015 $4,241 $23,569 $13,209 $10,360
Source: Public Records

Agents Affiliated with this Home

  • Don Mortensen

    Seller's Agent in 2024

    Don Mortensen

    LRA Real Estate Group, LLC

    (480) 526-5644

    2 in this area

    118 Total Sales

    Don Mortensen
    Section Image

  • N

    Buyer's Agent in 2024

    Non-MLS Agent

    Non-MLS Office

  • A

    Seller's Agent in 2021

    Angela Ojile

    HomeSmart

    Section Image

  • M

    Buyer's Agent in 2021

    Mandeep Sodhi

    LRA Real Estate Group, LLC

    (623) 877-6666

    1 in this area

    6 Total Sales

    Mandeep Sodhi
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6718539

Arizona Regional Multiple Listing Service (ARMLS)

APN: 117-32-042

Arizona Maricopa County Phoenix 85004 Coronado

702 E Coronado Rd, Phoenix, AZ

Not Listed for Sale

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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