NOT LISTED FOR SALE

Estimated Value: $969,989

Studio
-- Baths
4,875 Sq Ft
$199/Sq Ft Est. Value

Sale Details

Date Sold: September 16, 2019

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

Est. 62% increase in value since last sale

Current estimated payment $6,578 / mo

117 Days on Market

Highlights

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

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 Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 07/16/2019

Co-Listed By

Jason Butler

R.O.I. Properties License #BR545613000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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

  • Block Exterior

Interior Spaces

  • 4,875 Sq Ft Home
  • Ceramic Tile Flooring

Parking

  • 3 Open Parking Spaces
  • 15 Parking Spaces
  • 12 Covered Spaces
  • Private Parking
  • Paved Parking
  • Community Parking Structure

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

6,067 Sq Ft Lot

Listing Details

  • Cross Street: 16th St., and Northern Avenue
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-O
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2018
  • 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
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 4875.0

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 12.0
  • Parking Features: Paved, Private, Parking Structure
  • Attached Garage: No
  • 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 Features Paved Parking: Yes
  • Parking Features Private Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Central Air
  • Heating: Electric
  • Green Building Features: Conference Room, Reception Room, Kitchen
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • 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
  • Parcel #: 164-24-189

Tax Info

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2019
Closed on
Sep 5, 2019
Sold by
N 16Th Street Llc
Bought by
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%
Current Estimated Value
$969,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,989
Avg. Annual Appreciation
7.17%
Original Mortgage
$480,000
Outstanding Balance
$412,071
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$560,005

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
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$600,000 Security Title Agency
N 16Th Street Llc -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $15,028 $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

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5902107

Arizona Regional Multiple Listing Service (ARMLS)

APN: 164-24-189

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