NOT LISTED FOR SALE

7325 N 16th St Unit 100 Phoenix, AZ 85020

Camelback East Village Neighborhood

Estimated Value: $1,345,519

-- Bed
-- Bath
1,200 Sq Ft
$1,121/Sq Ft Est. Value

Last Sold November 01, 2018

Last sale price $1,400 $1 Per Sq Ft

Est. 96,008% increase in value since last sale

Current estimated payment $8,765/month

212 Days on Market

Highlights

  • 0.54 Acre Lot
  • Central Air
  • Heat Pump System
  • Madison Heights Elementary School Rated A-

About This Home

As of November 2018

Located along 16th Street, just North of Glendale in the Piestewa Peak Office Corridor. Close to Biltmore Shopping Center and other eateries and shopping. Garden style office condos, with prominent signage and patio entrances. Great location with easy access of Hwy 51 and minutes to Sky Harbor International Airport! Reserved parking and signage available. Tenant pays cable/phone/internet/insurance and janitorial.

Last Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 04/19/2018

Co-Listed By

Jason Butler

R.O.I. Properties License #BR545613000

Last Buyer's Agent

Jason Butler

R.O.I. Properties License #BR545613000

Property Details

Property Type

  • Other

Year Built

  • Built in 1984

Lot Details

  • 0.54 Acre Lot
  • Property is zoned CO

Home Design

  • 1,200 Sq Ft Home
  • Wood Frame Construction

Parking

  • 3 Open Parking Spaces
  • 24 Parking Spaces
  • 21 Covered Spaces
  • Paved Parking

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Willietta Place Subdivision

Listing and Financial Details

  • Property Available on 4/18/18
  • The owner pays for taxes, bldg liability ins, water, electricity
  • Tax Lot 4
  • Assessor Parcel Number 164-24-005-A

Property Details

Property Type

Other

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Cross Street: 16th St & Orangewood Avenue
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Lease
  • Zoning: CO
  • Number Of Buildings: 1
  • Lease Info Annual C A M Sq Ft: 1.0
  • Lease Info Annual Exp Stop Sq Ft: 1.0
  • Lease Info Annual Lease Price: 19530.0
  • Lease Info Annual Lse Prc P S F: 17.5
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 1+
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 1116
  • Year Built: 1984
  • Tax Year: 2017
  • Directions: Hwy 51 to Glendale. Go West on Glendale to 16th St. Go North on 16th St past Myrtle. About 1/2 mi North of Glendale and 1/2 mi South of Northern. Property on East side of 16th St.
  • Lot Size Acres: 0.54
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Subdivision Name: WILLIETTA PLACE
  • Structure Type: Other (See Remarks), Commercial, Office
  • Tax Parcel Letter: A
  • Cooling:Central Air: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 1200.0

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Wood Frame, Other
  • Roof: Other, Rolled/Hot Mop
  • Construction:Wood Frame2: Yes

Garage/Parking

  • Total Covered Spaces: 21.0
  • Parking Features: None, Paved
  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Total Parking Spaces: 24.0
  • General Property Description:Covered Parking Spcs: 21.0
  • General Property Description:Uncvrd Parking Spcs: 3.0
  • General Property Description:Total Parking Spcs: 24.0
  • Parking Features:Paved: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air, Other, See Remarks
  • Heating: Other, See Remarks, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other, See Remarks, City Franchise
  • Heating:Heat Pump2: Yes
  • Main Cooling Other: Yes

Lot Info

  • Lot Size Sq Ft: 23486.0
  • Additional Parcels: No
  • Parcel #: 164-24-005-A

Rental Info

  • Available Date: 2018-04-18

Multi Family

  • Owner Pays: Other, Taxes, Bldg Liability Ins, Water, Electricity
  • Existing Lease Type: Full Service
  • Leasable Area: 1116.0

Tax Info

  • Tax Annual Amount: 15997.0
  • Tax Book Number: 164.00
  • Tax Lot: 4
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2022
Sold by
Adls Incorporated
Bought by
Biltmore 16 Llc
Current Estimated Value
$1,345,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,063,579
Outstanding Balance
$1,001,855
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$329,431

Purchase Details

Closed on
Mar 13, 2018
Sold by
16Th Street Property Investments Llc
Bought by
Adls Incorporated

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
4.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2006
Sold by
At Home Mortgage Brokers Inc
Bought by
16Th Street Property Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,274,000
Interest Rate
6.44%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 27, 2001
Sold by
16Th Street One Llc
Bought by
At Home Mtg Brokers Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$684,500
Interest Rate
7.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 1998
Sold by
Montana Mariano I
Bought by
16Th Street One Llc

Purchase Details

Closed on
Jun 13, 1997
Sold by
Montana Janice Borovay
Bought by
16Th Street One Llc

Purchase Details

Closed on
Dec 13, 1995
Sold by
Montana Mario I and Borovay Montana Janice
Bought by
Montana Mario I and Borovay Montana Janice
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Biltmore 16 Llc $1,337,500 Thomas Title & Escrow Llc
Adls Incorporated $800,000 Fidelity National Title Agen
16Th Street Property Investments Llc $1,425,000 Security Title Agency Inc
At Home Mtg Brokers Inc $752,500 --
16Th Street One Llc -- --
16Th Street One Llc -- --
Montana Mariano I -- --
Montana Mariano I -- --
Montana Mario I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Biltmore 16 Llc $1,063,579
Previous Owner Adls Incorporated $540,000
Previous Owner Cf2 Llc $3,820,000
Previous Owner 16Th Street Property Investments Llc $1,274,000
Previous Owner 16Th Street Property Investments Llc $82,500
Previous Owner At Home Mortgage Brokers Inc $300,000
Previous Owner At Home Mortgage Brokers Inc $526,235
Previous Owner At Home Mtg Brokers Inc $684,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2018 11/01/18 Sold $1,400 -20.0% $1 / Sq Ft
05/31/2018 05/31/18 Price Changed $1,750 +7.6% $1 / Sq Ft
04/02/2018 04/02/18 For Sale $1,627 -97.7% $1 / Sq Ft
06/01/2016 06/01/16 Sold $71,510 +4400.3% $10 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $1,589 -96.8% $0 / Sq Ft
06/01/2015 06/01/15 Sold $49,208 +6074.2% $7 / Sq Ft
05/22/2015 05/22/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $797 -- $0 / 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 $17,206 $134,333 -- --
2024 $17,252 $131,934 -- --
2023 $17,252 $146,489 $137,241 $9,248
2022 $17,230 $173,391 $106,523 $66,868
2021 $17,876 $175,032 $109,566 $65,466
2020 $17,598 $133,866 $85,914 $47,952
2019 $17,210 $132,876 $79,290 $53,586
2018 $16,788 $118,710 $70,740 $47,970
2017 $15,997 $105,228 $68,688 $36,540
2016 $15,445 $97,416 $57,186 $40,230
2015 $16,832 $114,886 $51,153 $63,733
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Beth Jo Zeitzer

    R.O.I. Properties

    Section Image
  • Jason Butler

    Seller Co-Listing Agent in 2018

    Jason Butler

    R.O.I. Properties

    (602) 288-6959

    4 in this area

    37 Total Sales

    Jason Butler
    Section Image

  • S

    Seller's Agent in 2016

    Susan McCall

    Commercial Property Connect

    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5753991

Arizona Regional Multiple Listing Service (ARMLS)

APN: 164-24-005A

Arizona Maricopa County Phoenix 85020 Camelback East Village

7325 N 16th St Unit 100, Phoenix, AZ

This home is located at 7325 N 16th St Unit 100, Phoenix, AZ 85020 since 19 April 2018 and is currently estimated at $1,345,519, approximately $1,121 per square foot. This property was built in 1984. 7325 N 16th St Unit 100 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

Nearby Homes