NOT LISTED FOR SALE

7321 N 16th St Phoenix, AZ 85020

Camelback East Village Neighborhood

Estimated Value: $955,706

-- Bed
-- Bath
4,875 Sq Ft
$196/Sq Ft Est. Value

Last Sold September 16, 2019

Last sale price $600,000 $123 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $6,554/month

117 Days on Market

Highlights

  • Community Kitchen
  • Central Air
  • Heating Available
  • Madison Heights Elementary School Rated A-

About This Home

As of September 2019

4,875 SF professional office condo, with excellent visibility, and valuable frontage along 16th St., a half mile South of
Northern Avenue. Residing within the Pointe Plaza Business Center, this building offers spacious offices, a conference room, a large covered balcony, common area restrooms, a full kitchen, a subterranean parking garage, and three additional covered parking spaces. This property is ready for occupancy, and presents an excellent opportunity for professional owner-users, with a flexible space configuration. The current build-out is ideal for professional use such as an Attorney, Accountant, or Consultant.

Last Listed By

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 03/28/2019

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $14,415

Year Built

  • Built in 1986

Lot Details

  • 6,067 Sq Ft Lot
  • Property is zoned C-O

Home Design

  • 4,875 Sq Ft Home
  • Block Exterior

Parking

  • 3 Open Parking Spaces
  • 15 Parking Spaces
  • 12 Covered Spaces

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 7321
  • Assessor Parcel Number 164-24-189

Community Details

Overview

  • Pointe Plaza Business Center Condominiums Subdivision

Amenities

  • Community Kitchen
  • Meeting Room
  • Reception Area

Property Details

Property Type

Other

Est. Annual Taxes

$14,415

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Cross Street: 16th St., and Northern Avenue
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-O
  • Current Use: Office
  • Number Of Buildings: 1
  • Year Built: 1986
  • Tax Year: 2018
  • Directions: Take Northern Avenue to 16th Street, head south on 16th Street approximately 1/2 mile to the property, which is situated on the East side of the road, facing 16th Street.
  • Lot Size Acres: 0.14
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Subdivision Name: POINTE PLAZA BUSINESS CENTER CONDOMINIUMS
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Fencing: None
  • Construction Type: Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 12.0
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 15.0
  • General Property Description:Covered Parking Spcs: 12.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 15.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Parking Structure: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Central A/C
  • Heating: Electric
  • Green Building Features: Conference Room, Reception Room, Kitchen
  • Water Source: City Franchise
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes

Lot Info

  • Lot Size Sq Ft: 6067.0
  • Additional Parcels: No
  • Parcel #: 164-24-189
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 14415.0
  • Tax Book Number: 164.00
  • Tax Lot: 7321
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2019
Closed on
Sep 5, 2019
Sold by
N 16Th Street Llc
Bought by
7321 North Llc
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$650,000
Sold Price
$600,000
Premium/Discount to List
-$50,000
-7.69%
Total Days on Market
117
Current Estimated Value
$955,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,706
Avg. Annual Appreciation
8.56%
Original Mortgage
$480,000
Outstanding Balance
$425,812
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$529,894

Purchase Details

Closed on
Mar 27, 2006
Sold by
7321 North 16Th Llc
Bought by
N 16Th Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Interest Rate
6.2%
Mortgage Type
Commercial

Range of Values:

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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
7321 North Llc $600,000 Security Title Agency
N 16Th Street Llc -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 7321 North Llc $480,000
Previous Owner N 16Th Street Llc $565,000
Previous Owner N 16Th Street Llc $730,000
Previous Owner Gutowski Anthony N $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2019 09/16/19 Sold $600,000 -7.7% $123 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
03/20/2019 03/20/19 For Sale $650,000 -- $133 / 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 $14,774 $115,352 -- --
2024 $14,815 $113,292 -- --
2023 $14,815 $226,967 $45,390 $181,577
2022 $14,796 $181,073 $36,208 $144,865
2021 $15,350 $171,486 $34,290 $137,196
2020 $15,111 $171,576 $34,308 $137,268
2019 $14,778 $160,686 $32,130 $128,556
2018 $14,416 $151,848 $30,366 $121,482
2017 $13,737 $102,204 $20,430 $81,774
2016 $13,263 $94,158 $18,828 $75,330
2015 $12,661 $81,882 $16,373 $65,509
Source: Public Records

Agents Affiliated with this Home

  • Beth Jo Zeitzer

    Seller's Agent in 2019

    Beth Jo Zeitzer

    R.O.I. Properties

    (602) 653-0352

    Section Image
  • Jason Butler

    Seller Co-Listing Agent in 2019

    Jason Butler

    R.O.I. Properties

    (602) 288-6959

    5 in this area

    39 Total Sales

    Jason Butler
    Section Image

  • N

    Buyer's Agent in 2019

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5902107

Arizona Regional Multiple Listing Service (ARMLS)

APN: 164-24-189

Arizona Maricopa County Phoenix 85020 Camelback East Village

7321 N 16th St, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 7321 N 16th St, Phoenix, AZ 85020 since 28 March 2019 and is currently estimated at $955,706, approximately $196 per square foot. This property was built in 1986. 7321 N 16th St is a home located in Maricopa County with nearby schools including Madison Heights Elementary School, Madison No. 1 Middle School, and Camelback High School.

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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