NOT LISTED FOR SALE

7325 N 16th St Unit 110 Phoenix, AZ 85020

Camelback East Village Neighborhood

Estimated Value: $1,343,698

-- Bed
-- Bath
7,104 Sq Ft
$189/Sq Ft Est. Value

Last Sold February 03, 2019

Last sale price $1,637 $0 Per Sq Ft

Est. 81,983% increase in value since last sale

Current estimated payment $8,883/month

305 Days on Market

Highlights

  • 0.54 Acre Lot
  • Stone Flooring
  • Central Air
  • Madison Heights Elementary School Rated A-

About This Home

As of February 2019

Located along 16th Street, just north of Glendale in the Piestewa Peak Office Corridor. Close to Biltmore Shopping Center and other
fine eateries and shopping. Garden style office condos, with private patio entrances. Signage is available. Suite 130 consists of 3 private offices, 1 conference room, Bullpen, and 1 restroom. Great location with easy access of Hwy 51! Reserved parking and signage available. Tenant pays cable, phone, internet, insurance, and janitorial.

Last Listed By

Beth Jo Zeitzer

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

Property Details

Property Type

  • Other

Year Built

  • Built in 1984

Lot Details

  • 0.54 Acre Lot
  • Block Wall Fence
  • Property is zoned CO

Home Design

  • Wood Frame Construction

Flooring

  • Stone
  • Concrete

Parking

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Willietta Place Subdivision

Listing and Financial Details

  • Property Available on 4/18/18
  • 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 and Orangewood Ave
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Lease
  • Zoning: CO
  • Current Use: Office
  • 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: 20125.0
  • 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: 1150
  • 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 north of Glendale and 1/2 mile 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: Commercial, Office, Other (See Remarks)
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Stone, Concrete

Exterior Features

  • Fencing: Block
  • Disclosures: Other (See Remarks)
  • Construction Type: Frame - Wood
  • Roof: Rolled/Hot Mop
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Open Parking Spaces: 21.0
  • Total Parking Spaces: 24.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 21.0
  • General Property Description:Total Parking Spcs: 24.0
  • Parking:Paved Parking: Yes
  • Parking:Other (See Remarks)24: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: SRP, Other (See Remarks)
  • Cooling: Central A/C, Other, See Remarks
  • Heating: Heat Pump
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Association/Amenities

  • Amenities:Other (See Remarks)32: Yes

Lot Info

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

Rental Info

  • Available Date: 2018-04-18

Multi Family

  • Leasable Area: 1228.0

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
Total Days on Market
305
Current Estimated Value
$1,343,698

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
$1,005,382
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$320,175

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

Purchase Details

Closed on
Jul 10, 1991
Sold by
Montana Mariano I and Montana Janice Borovay
Bought by
Montana Mario I and Borovay Montana Janice

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
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
02/03/2019 02/03/19 Sold $1,637 -1.6% $0 / Sq Ft
01/24/2019 01/24/19 Price Changed $1,663 +0.1% $0 / Sq Ft
01/23/2019 01/23/19 Price Changed $1,662 +2.3% $0 / Sq Ft
11/06/2018 11/06/18 Price Changed $1,625 -9.2% $0 / Sq Ft
05/31/2018 05/31/18 Price Changed $1,790 +6.7% $0 / Sq Ft
04/02/2018 04/02/18 For Sale $1,677 -- $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

  • 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
  • Sela Dragan

    Buyer's Agent in 2019

    Sela Dragan

    Keller Williams Arizona Realty

    (602) 386-6656

    4 in this area

    45 Total Sales

    Sela Dragan
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5753994

Arizona Regional Multiple Listing Service (ARMLS)

APN: 164-24-005A

Arizona Maricopa County Phoenix 85020 Camelback East Village

7325 N 16th St Unit 110, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 7325 N 16th St Unit 110, Phoenix, AZ 85020 since 19 April 2018 and is currently estimated at $1,343,698, approximately $189 per square foot. This property was built in 1984. 7325 N 16th St Unit 110 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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