NOT LISTED FOR SALE

Estimated Value: $450,401 - $838,000

Studio
-- Bath
1,641 Sq Ft
$435/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $725,000 $442 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,773/month

8 Days on Market

Highlights

  • 0.33 Acre Lot
  • Community Kitchen
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A
  • Central Air

About This Home

As of June 2022

709 S. 3rd Street features a duplex built in 1936 on a double lot with DTC-WARE zoning in an Opportunity Zone. Total lot size is 14,528 sq feet, which includes 2 parcels (112-32-057 & 112-32-074). With the ability to remodel the existing multi-family or redevelop the property, there is no limit on potential. The property is across the street from Bentley Projects and within blocks of Galvanize, Footprint Center, Chase Field and greater downtown Phoenix. Whatever your project needs, the Warehouse Character Area offers a ton of flexibility while being close to transit and the heart of the city.

Last Agent to Sell the Property

Stacy Fitzgerald

BLD Real Estate License #BR572835000 Listed on: 04/30/2022

Last Buyer's Agent

Michael Graham

Compass License #SA547897000

Compass

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $715

Year Built

  • Built in 1936

Lot Details

  • 0.33 Acre Lot
  • Property is zoned DTC-WARE

Home Design

  • 1,641 Sq Ft Home
  • Tilt Up Walls
  • Composition Roof

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Public Parking
  • Free Parking
  • Paved Parking
  • Fenced Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 112-32-057

Community Details

Overview

  • Building Dimensions are 142 x 103
  • Linvilles Addition Unnumbered Subdivision

Additional Features

  • Community Kitchen
  • Operating Expense $715

Property Details

Property Type

Other

Est. Annual Taxes

$715

Year Built

Built in 1936

Lot Details

0.33 Acres

Listing Details

  • Cross Street: 7th Street and Grant Street
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: DTC-WARE
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1936
  • Tax Year: 2021
  • Lot Size Acres: 0.33
  • Subdivision Name: LINVILLES ADDITION UNNUMBERED
  • Structure Type: Other (See Remarks)
  • Roofing:Composition: Yes
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 1641.0

Exterior Features

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

Garage/Parking

  • Parking Features: Parking Lot, Paved, Free, Fenced
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking Features Paved Parking: Yes
  • Parking Features Free: Yes
  • Parking Features Public Parking: Yes
  • Parking Features Fenced: Yes

Utilities

  • Electric: APS
  • Cooling: Central Air
  • Heating: Natural Gas
  • Green Building Features: Kitchen
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Size: 142 x 103
  • Lot Size Sq Ft: 14528.0
  • Parcel #: 112-32-057

Multi Family

  • Annual Operating Expense: 715.0
  • Vacancy Allowance Rate: 100.0

Tax Info

  • Tax Annual Amount: 715.0
  • Tax Book Number: 112.00
  • Tax Lot: -
  • Tax Map Number: 32.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2022
Closed on
Jun 1, 2022
Sold by
Maggie Walters Llc
Bought by
Gamboa Alexander
Seller's Agent
Stacy Fitzgerald
BLD Real Estate
Buyer's Agent
Michael Graham
Compass
List Price
$650,000
Sold Price
$725,000
Premium/Discount to List
$75,000
11.54%
Current Estimated Value
$713,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,400
Avg. Annual Appreciation
-0.42%
Original Mortgage
$625,000
Outstanding Balance
$592,058
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$121,542

Purchase Details

Listed on
May 3, 2017
Closed on
Jul 25, 2017
Sold by
Sapien Beatrice
Bought by
Maggie Walters Llc
Seller's Agent
Geoffrey Adams
Realty ONE Group
Buyer's Agent
Geoffrey Adams
Realty ONE Group
List Price
$230,000
Sold Price
$235,000
Premium/Discount to List
$5,000
2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.91%

Purchase Details

Closed on
Mar 15, 2011
Sold by
Sapien Dominic Andrew Sancedo Beatrice
Bought by
Sapien Beatrice
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

Date Buyer Sale Price Title Company
Gamboa Alexander $725,000 Thomas Title & Escrow Llc
Maggie Walters Llc $235,000 Security Title Agency Inc
Sapien Beatrice -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gamboa Alexander $625,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/03/2022 06/03/22 Sold $725,000 +11.5% $442 / Sq Ft
05/06/2022 05/06/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $650,000 +176.6% $396 / Sq Ft
07/14/2017 07/14/17 Sold $235,000 +2.2% $143 / Sq Ft View Prior Sale
06/27/2017 06/27/17 Pending -- -- --
06/12/2017 06/12/17 For Sale $230,000 0.0% $140 / Sq Ft
05/03/2017 05/03/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $230,000 -- $140 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $720 $5,067 -- --
2024 $671 $4,825 -- --
2023 $671 $21,760 $2,340 $19,420
2022 $647 $16,370 $1,760 $14,610
2021 $642 $13,780 $1,480 $12,300
2020 $650 $10,910 $1,170 $9,740
2019 $649 $9,130 $980 $8,150
2018 $638 $6,830 $730 $6,100
2017 $623 $6,410 $690 $5,720
2016 $605 $5,260 $560 $4,700
2015 $487 $5,220 $560 $4,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6391819

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-32-057

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