NOT LISTED FOR SALE

7829 W Thomas Rd Phoenix, AZ 85035

Estimated Value: $1,496,138

Studio
-- Bath
7,910 Sq Ft
$189/Sq Ft Est. Value

Sale Details

Date Sold: April 3, 2024

Last sale price $1,975,000 $250 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $11,325 / mo

13 Days on Market

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

As of April 2024

Situated in a rapidly expanding area of the West Valley, 7829 W Thomas presents a prime second generation restaurant opportunity, strategically positioned with high visibility along bustling Thomas Avenue adjacent to Desert Sky Mall. Nestled within a thriving retail hub in the West Valley, it caters to a densely populated residential area and benefits from the ongoing development of numerous multifamily units. Notably, the property resides within an opportunity zone, enhancing its investment potential.

Last Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 04/02/2024

Co-Listed By

Reuben Nach

R.O.I. Properties License #SA687040000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $40,812

Year Built

  • Built in 1987

Lot Details

  • 1.55 Acre Lot
  • Property is zoned RSC

Home Design

  • 7,910 Sq Ft Home
  • Wood Frame Construction

Parking

  • 82 Open Parking Spaces
  • 82 Parking Spaces
  • Free Parking
  • Paved Parking

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 102-38-001-G

Property Details

Property Type

Other

Est. Annual Taxes

$40,812

Year Built

Built in 1987

Lot Details

1.55 Acres

Listing Details

  • Cross Street: Thomas Rd and 79th Ave
  • Legal Info Range: 1E
  • Property Type: Comm/Industry Sale
  • Zoning: RSC
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1987
  • Tax Year: 2023
  • Lot Size Acres: 1.55
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Structure Type: Commercial
  • Tax Parcel Letter: G
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 7910.0

Exterior Features

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

Garage/Parking

  • Parking Features: Paved, Free
  • Attached Garage: No
  • Open Parking Spaces: 82.0
  • Total Parking Spaces: 82.0
  • General Property Description:Uncvrd Parking Spcs: 82.0
  • General Property Description:Total Parking Spcs: 82.0
  • Parking Features Paved Parking: Yes
  • Parking Features Free: Yes

Utilities

  • Electric: SRP
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Main Cooling Other: Yes

Lot Info

  • Lot Size Sq Ft: 67518.0
  • Parcel #: 102-38-001-G

Tax Info

  • Tax Annual Amount: 40812.0
  • Tax Book Number: 102.00
  • Tax Lot: -
  • Tax Map Number: 38.00

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
Apr 2, 2024
Closed on
Apr 3, 2024
Sold by
Bought by
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1
Sold Price
$1,975,000
Premium/Discount to List
$1,974,999
197499900%
Views
11
Current Estimated Value
$1,496,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$478,862
Avg. Annual Appreciation
-11.96%

Purchase Details

Closed on
May 19, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 2007
Sold by
Bought by

Purchase Details

Closed on
Aug 29, 2005
Sold by
Bought by

Purchase Details

Closed on
Dec 27, 2002
Sold by
Bought by

Purchase Details

Closed on
Dec 22, 2000
Sold by
Bought by

Purchase Details

Closed on
Dec 2, 2000
Sold by
Bought by

Purchase Details

Closed on
Jun 29, 1995
Sold by
Bought by
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
-- None Listed On Document
$1,300,000 Fidelity Natl Ttl Agcy Inc
$7,902,000 First American Title
$2,325,000 Fidelity National Title
$1,200,000 First American Title
$1,217,253 --
$1,217,253 --
-- --
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
Previous Owner $910,000
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
04/03/2024 04/03/24 Sold $1,975,000 +197499900.0% $250 / Sq Ft
04/02/2024 04/02/24 Price Changed $1 0.0% $0 / Sq Ft
03/20/2024 03/20/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $1 -- $0 / 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 $38,638 $220,730 -- --
2024 $40,812 $216,788 -- --
2023 $40,812 $334,645 $224,315 $110,330
2022 $39,617 $263,953 $159,968 $103,985
2021 $41,252 $275,310 $164,538 $110,772
2020 $39,093 $329,256 $215,352 $113,904
2019 $37,409 $302,346 $190,566 $111,780
2018 $38,906 $275,832 $163,476 $112,356
2017 $37,624 $283,752 $158,706 $125,046
2016 $35,986 $200,664 $83,448 $117,216
2015 $34,502 $175,806 $80,290 $95,516
Source: Public Records

Agents Affiliated with this Home

  • Beth Jo Zeitzer

    Seller's Agent in 2024

    Beth Jo Zeitzer

    R.O.I. Properties

    (602) 653-0352

    740 Total Sales

    Beth Jo Zeitzer
    Section Image
  • Reuben Nach

    Seller Co-Listing Agent in 2024

    Reuben Nach

    R.O.I. Properties

    (602) 319-1326

    49 Total Sales

    Reuben Nach
    Section Image

  • N

    Buyer's Agent in 2024

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6673224

Arizona Regional Multiple Listing Service (ARMLS)

APN: 102-38-001G

Arizona Maricopa County Phoenix 85035

7829 W Thomas Rd, Phoenix, AZ

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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