NOT LISTED FOR SALE

Estimated Value: $3,395,569

Studio
-- Bath
14,078 Sq Ft
$241/Sq Ft Est. Value

Last Sold February 16, 2021

Last sale price $2,500,000 $178 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $19,884/month

22 Days on Market

Highlights

  • 1.22 Acre Lot
  • Central Air
  • 4-minute walk to Townsend Park
  • Phoenix Coding Academy Rated A
  • Concrete Flooring

About This Home

As of February 2021

Great flex space for user who needs office and warehouse space. This space is flexible to create just about anything the user desires. This building is 100% A/C with laser leveled concrete throughout the entire building, structure also has a 12x12 roll up door. Strategically located in downtown Phoenix, this is nearby hospitals, freeways, spyharbor airport, and universities.

Last Agent to Sell the Property

Danny Perkinson

Perk Prop Real Estate License #BR626253000 Listed on: 02/08/2021

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $27,223

Year Built

  • Built in 2000

Lot Details

  • 1.22 Acre Lot
  • Property is zoned C-2

Home Design

  • 14,078 Sq Ft Home
  • Wood Frame Construction
  • Concrete Roof
  • Metal Siding

Flooring

  • Concrete
  • Vinyl

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces
  • Free Parking
  • Paved Parking

Utilities

  • Central Air

Community Details

  • Meridian Marketplace 1 Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 116-30-154

Property Details

Property Type

Other

Est. Annual Taxes

$27,223

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Cross Street: 7th Street & McDowell Rd
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2000
  • Tax Year: 2020
  • Lot Size Acres: 1.22
  • Subdivision Name: MERIDIAN MARKETPLACE 1
  • Structure Type: Commercial, Industrial, Manufacturing
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Vinyl, Concrete
  • Living Area: 14078.0

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Frame - Wood, Metal Siding
  • Roof: Concrete
  • Construction:Metal: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Parking Features: Paved Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 20.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 20.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Central A/C, Warehouse A/C
  • Heating: Other, See Remarks
  • Water Source: City Franchise

Lot Info

  • Lot Size Sq Ft: 53141.0
  • Parcel #: 116-30-154
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 27223.0
  • Tax Book Number: 116.00
  • Tax Lot: 2
  • Tax Map Number: 30.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2021
Closed on
Feb 10, 2021
Sold by
Brill Holdings Llc
Bought by
Trc Properties Vii Llc
Seller's Agent
Danny Perkinson
Perk Prop Real Estate
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$2,800,000
Sold Price
$2,500,000
Premium/Discount to List
-$300,000
-10.71%
Current Estimated Value
$3,395,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$895,569
Avg. Annual Appreciation
6.39%
Original Mortgage
$982,000
Outstanding Balance
$878,746
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$2,516,823

Purchase Details

Closed on
Dec 17, 2003
Sold by
B & P Real Estates Enterprises Llc
Bought by
Brill Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 25, 2000
Sold by
Evergreen Ace Ltd Partnership
Bought by
B & P Real Estate Enterprises Llc
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
Trc Properties Vii Llc $2,420,000 Chicago Title Agency
Brill Holdings Llc $1,500,000 Chicago Title Insurance Co
B & P Real Estate Enterprises Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trc Properties Vii Llc $982,000
Closed Trc Properties Vii Llc $1,210,000
Previous Owner Brill Holdings Llc $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2021 02/16/21 Sold $2,500,000 -10.7% $178 / Sq Ft
02/08/2021 02/08/21 For Sale $2,800,000 0.0% $199 / Sq Ft
02/08/2021 02/08/21 Price Changed $2,800,000 0.0% $199 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $2,800,000 -- $199 / 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 $26,807 $188,712 -- --
2024 $26,553 $185,342 -- --
2023 $26,553 $304,963 $201,535 $103,428
2022 $26,363 $239,418 $154,245 $85,173
2021 $26,913 $236,412 $158,652 $77,760
2020 $27,223 $215,874 $107,190 $108,684
2019 $27,178 $196,920 $67,824 $129,096
2018 $26,715 $186,156 $60,552 $125,604
2017 $26,094 $188,244 $63,072 $125,172
2016 $25,346 $163,890 $58,950 $104,940
2015 $24,104 $152,348 $58,072 $94,276
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6136554

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-30-154