$450,000
SOLD JAN 7, 2025
-- Bed
-- Bath
2,868 Sq Ft
2,868 Sq Ft Lot

Recently Sold

$157 Per Sq Ft

10% Below List Price

53 Days on Market

Highlights

  • Gated Community
  • Ceramic Tile Flooring
  • Heating unit installed on the ceiling
  • Sunnyslope High School Rated A
  • Central Air

About This Home

As of January 2025

Available Units in a Centrally Located Mixed-Use Complex in Phoenix
This newly remodeled, centrally located mixed-use office and service industry complex in the heart of Phoenix is available for your own business or can be leased for current or future tenants. A can't-miss opportunity for business owners and investors! Strategically situated minutes away from the 51, 17, and 101 freeways for easy accessibility.
Recent Renovations: Newly remodeled from 2021 to present, with updates including a new roof, AC units, and exterior stucco in excellent condition.
Interior Upgrades: Modern interiors with tile flooring, fresh paint, updated ceilings, new cabinets, and granite countertops throughout the units. are equipped with auto-locks for convenience and security. The property is well-lit and provides ample parking options, both covered and uncovered. High-visibility street marquee available for advertising your business. Move into a turnkey, newly renovated space that's perfect for setting up your business headquarters. Ideal for current or future tenants looking for flexible leasing options in a prime Phoenix location.

Last Agent to Sell the Property

Rumsey Saigh

Weichert Realtors - Upraise Brokerage Email: Team@azppre.com License #SA537726000 Listed on: 09/12/2024

Weichert Realtors - Upraise

Last Buyer's Agent

Ali Hobeheidar

DeLex Realty License #SA563817000

DeLex Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,281

Year Built

  • Built in 1973

Lot Details

  • 2,868 Sq Ft Lot
  • Block Wall Fence
  • Property is zoned C-3

Home Design

  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 2,868 Sq Ft Home
  • Ceramic Tile Flooring

Parking

  • 25 Open Parking Spaces
  • 45 Parking Spaces
  • Public Parking
  • 20 Covered Spaces
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating unit installed on the ceiling

Listing and Financial Details

  • Tax Lot 210
  • Assessor Parcel Number 160-03-455

Community Details

Building Details

  • Operating Expense $3,281
  • Gross Income $420,000
  • Net Operating Income $4,200

Additional Features

  • North Central Business Park Condominium Amd Subdivision
  • Gated Community

Property Details

Property Type

Other

Est. Annual Taxes

$3,281

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Cross Street: 7th St and Northern
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1973
  • Tax Year: 2023
  • Directions: North on 7th St and Northern. Business complex will be about a half a mile on right side of road. In between McDonalds and O'Rielly's Auto Parts.
  • Attribution Contact: Team@azppre.com
  • Lot Size Acres: 0.07
  • Subdivision Name: NORTH CENTRAL BUSINESS PARK CONDOMINIUM AMD
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2868.0

Exterior Features

  • Fencing: Block
  • Disclosures: None
  • Construction Type: Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 20.0
  • Parking Features: Paved Parking, Public Parking, Free
  • Attached Garage: No
  • Open Parking Spaces: 25.0
  • Total Parking Spaces: 45.0
  • General Property Description:Covered Parking Spcs: 20.0
  • General Property Description:Uncvrd Parking Spcs: 25.0
  • General Property Description:Total Parking Spcs: 45.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Public Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C, Office A/C
  • Heating: Electric, Ceiling
  • Green Building Features: Security Gate
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Ceiling: Yes

Association/Amenities

  • Amenities:Security Gate: Yes

Lot Info

  • Lot Size Sq Ft: 2868.0
  • Parcel #: 160-03-455
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Gross Income: 420000.0
  • Property Net Operating Income: 4200.0
  • Annual Operating Expense: 3281.0

Tax Info

  • Tax Annual Amount: 3281.0
  • Tax Book Number: 160.00
  • Tax Lot: 210
  • Tax Map Number: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2024
Closed on
Jan 3, 2025
Sold by
Rattler Realty Llc
Bought by
Golbidi Hossein
Seller's Agent
Rumsey Saigh
Weichert Realtors - Upraise
Buyer's Agent
Ali Hobeheidar
DeLex Realty
List Price
$499,000
Sold Price
$450,000
Premium/Discount to List
-$49,000
-9.82%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.21%

Purchase Details

Closed on
Nov 19, 2017
Sold by
Phonix Police Sergeants And Lieutenants
Bought by
Rattler Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
3.85%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 1, 2009
Sold by
Pgs Property Managers Llc
Bought by
Pgs Property Managers Llc and The Orders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
5.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 23, 2009
Sold by
Pgs Property Managers Llc
Bought by
Phoenix Police Sergeants & Lieutenants A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
5.19%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Warranty Deed $450,000 Empire Title Agency
Warranty Deed $450,000 Empire Title Agency
Special Warranty Deed $220,000 Grand Canyon Title Agency
Warranty Deed -- Pioneer Title Agency Inc
Warranty Deed $250,000 Great American Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 New Conventional
Previous Owner $558,000 New Conventional
Previous Owner $746,000 Future Advance Clause Open End Mortgage
Previous Owner $187,000 Future Advance Clause Open End Mortgage
Previous Owner $525,000 Commercial
Previous Owner $73,556 Commercial
Previous Owner $197,000 Commercial
Previous Owner $1,668,700 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2025 02/27/25 Price Changed $650 -13.3% $0 / Sq Ft
02/06/2025 02/06/25 Price Changed $750 -11.8% $0 / Sq Ft
01/22/2025 01/22/25 For Rent $850 0.0% --
01/07/2025 01/07/25 Sold $450,000 -9.8% $157 / Sq Ft
09/12/2024 09/12/24 For Sale $499,000 +142471.4% $174 / Sq Ft
07/27/2021 07/27/21 Sold $350 0.0% $0 / Sq Ft
05/21/2021 05/21/21 For Sale $350 -- $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 $3,243 $25,715 -- --
2024 $3,281 $25,256 -- --
2023 $3,281 $43,469 $8,687 $34,782
2022 $3,267 $38,291 $7,648 $30,643
2021 $3,404 $37,170 $7,434 $29,736
2020 $3,319 $33,534 $6,696 $26,838
2019 $3,258 $32,040 $6,408 $25,632
2018 $3,173 $28,440 $5,688 $22,752
2017 $3,157 $24,300 $4,860 $19,440
2016 $3,099 $18,648 $3,726 $14,922
2015 $3,229 $19,980 $3,996 $15,984
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6756344

Arizona Regional Multiple Listing Service (ARMLS)

APN: 160-03-455