NOT LISTED FOR SALE

Estimated Value: $435,595

Studio
-- Bath
4,504 Sq Ft
$97/Sq Ft Est. Value

Last Sold January 05, 2022

Last sale price $410,000 $91 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,651/month

30 Days on Market

Highlights

  • 0.37 Acre Lot
  • Wood Flooring
  • Heating Available
  • Sunnyslope High School Rated A
  • Central Air

About This Home

As of January 2022

Rare and unique opportunity for a live / work property in Central Phoenix. The C2 Zoning offers many use. Large warehouse / retail space on a fenced parcel. One upstairs and one ground level apartment. Currently a retail distribution center. Formerly a restaurant. Outdoor container included for extra storage. Excellent street visibility and easy access.

Last Agent to Sell the Property

Randy Erwin

Century 21 Arizona Foothills License #SA639091000 Listed on: 11/01/2021

Century 21 Arizona Foothills

Last Buyer's Agent

Randy Erwin

Century 21 Arizona Foothills License #SA639091000 Listed on: 11/01/2021

Century 21 Arizona Foothills

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,926

Year Built

  • Built in 1952

Lot Details

  • 0.37 Acre Lot
  • Chain Link Fence
  • Property is zoned C2

Home Design

  • Wood Frame Construction
  • Block Exterior

Interior Spaces

  • 4,504 Sq Ft Home
  • Wood Flooring

Parking

  • 10 Open Parking Spaces
  • 14 Parking Spaces
  • 4 Covered Spaces

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 158-31-004-B

Community Details

Overview

  • 3 Buildings
  • Foothill Acres Lots 33 48 & 58 59 Subdivision

Building Details

  • Operating Expense $4,926

Property Details

Property Type

Other

Est. Annual Taxes

$4,926

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Cross Street: 7th Ave & Hatcher
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C2
  • Current Use: Mixed Use, Warehouse, Wholesale
  • Number Of Buildings: 3
  • Year Built: 1952
  • Tax Year: 2021
  • Lot Size Acres: 0.37
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Subdivision Name: FOOTHILL ACRES LOTS 33-48 & 58-59
  • Structure Type: Commercial
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Wood

Exterior Features

  • Fencing: Chain Link
  • Construction Type: Frame - Wood, Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 14.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 14.0
  • Parking:Public Parking: Yes
  • Parking:Fenced: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 16041.0
  • Additional Parcels: No
  • Parcel #: 158-31-004-B
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 4926.0

Tax Info

  • Tax Annual Amount: 4926.0
  • Tax Book Number: 158.00
  • Tax Lot: 1
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2021
Closed on
Jan 5, 2022
Sold by
Gentry Janet
Bought by
Busby Michael
Seller's Agent
Randy Erwin
Century 21 Arizona Foothills
Buyer's Agent
Randy Erwin
Century 21 Arizona Foothills
List Price
$425,000
Sold Price
$410,000
Premium/Discount to List
-$15,000
-3.53%
Current Estimated Value
$435,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,595
Avg. Annual Appreciation
1.50%
Original Mortgage
$205,000
Outstanding Balance
$187,796
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$247,799

Purchase Details

Listed on
Nov 1, 2021
Closed on
Jan 3, 2022
Sold by
Gentry Janet
Bought by
Busby Michael
Seller's Agent
Randy Erwin
Century 21 Arizona Foothills
Buyer's Agent
Randy Erwin
Century 21 Arizona Foothills
List Price
$425,000
Sold Price
$410,000
Premium/Discount to List
-$15,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Outstanding Balance
$187,796
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$247,799

Purchase Details

Closed on
Feb 24, 2017
Sold by
Hatcher Commercial Properties Llc
Bought by
Gentry Janet

Purchase Details

Closed on
Aug 27, 2005
Sold by
Graves Gene and Graves Delores Dawnieta
Bought by
Hatcher Commercial Properties Llc

Purchase Details

Closed on
Dec 19, 1995
Sold by
Graves Gene and Graves Dolores
Bought by
Graves Gene and Graves Delores Dawnieta
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
Busby Michael $410,000 Driggs Title Agency
Busby Michael $410,000 Driggs Title Agency Inc
Gentry Janet -- None Available
Hatcher Commercial Properties Llc -- --
Graves Gene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Busby Michael $205,000
Closed Busby Michael $205,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2022 01/05/22 Sold $410,000 -3.5% $91 / Sq Ft
11/26/2021 11/26/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $425,000 -- $94 / 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 $4,646 $36,562 -- --
2024 $4,665 $35,910 -- --
2023 $4,665 $38,743 $21,811 $16,932
2022 $4,646 $34,545 $18,865 $15,680
2021 $4,926 $35,046 $19,404 $15,642
2020 $4,803 $35,316 $19,746 $15,570
2019 $4,716 $34,056 $19,188 $14,868
2018 $4,592 $33,426 $18,702 $14,724
2017 $4,569 $32,796 $17,982 $14,814
2016 $4,486 $30,654 $16,776 $13,878
2015 $4,270 $26,622 $14,597 $12,025
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6315169

Arizona Regional Multiple Listing Service (ARMLS)

APN: 158-31-004B