NOT LISTED FOR SALE

Estimated Value: $545,547

-- Bed
-- Bath
1,092 Sq Ft
$500/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $535,000 $490 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,243/month

19 Days on Market

Highlights

  • Central Air
  • Carpet
  • 3-minute walk to Matthew Henson Park
  • Phoenix Coding Academy Rated A

About This Home

As of August 2023

Fully Remodeled Free Standing Historic Building Zoned C-3 On 7th Avenue Corridor With Excellent Footage on 7th Avenue, Very High Traffic Count & Plentiful Paved Parking! This Property Can Be Used For A Variety of Businesses - 2 Parcels Included In Sale! This Property Has Endless Potential, Close To Downtown Phoenix & Ready For A New Owner.

Last Agent to Sell the Property

Daniel Schaffler

Compass License #BR647934000 Listed on: 07/21/2023

Last Buyer's Agent

Dalia Garcia

HomeSmart License #SA671124000

HomeSmart

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,680

Year Built

  • Built in 1936

Lot Details

  • 0.29 Acre Lot
  • Property is zoned C3

Home Design

  • 1,092 Sq Ft Home
  • Built-Up Roof
  • Block Exterior

Flooring

  • Carpet
  • Vinyl

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Private Parking
  • Free Parking
  • Paved Parking

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 112-17-085

Community Details

Overview

  • Building Dimensions are Rectangle
  • Montgomery Add Amd Blks 75, 83, 84, 91, 99 102 Subdivision

Building Details

  • Operating Expense $4,680

Property Details

Property Type

Other

Est. Annual Taxes

$4,680

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Cross Street: 7th Avenue & Grant Street
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1936
  • Tax Year: 2023
  • Directions: Use GPS - Located on East Side of 7th Avenue Just South of Grant Street
  • Lot Size Acres: 0.29
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: MONTGOMERY ADD AMD BLKS 75, 83, 84, 91, 99-102
  • Structure Type: Commercial, Office
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Vinyl
  • Living Area: 1092.0

Exterior Features

  • Fencing: Other
  • Disclosures: Other (See Remarks)
  • Construction Type: Block
  • Roof: Built-Up
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved, Private, Free
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking Features Paved Parking: Yes
  • Parking Features Private Parking: Yes
  • Parking Features Free: Yes

Utilities

  • Electric: APS
  • Cooling: Central Air
  • Heating: See Remarks
  • Cooling Y N: Yes
  • Water Source: City Franchise

Lot Info

  • Lot Size: Rectangle
  • Lot Size Sq Ft: 12600.0
  • Parcel #: 112-17-085
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 4680.0

Tax Info

  • Tax Annual Amount: 4680.0
  • Tax Book Number: 112.00
  • Tax Lot: 9
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Aug 31, 2023
Sold by
Generational Change Management Services
Bought by
Rosario Jose
Seller's Agent
Daniel Schaffler
Compass
Buyer's Agent
Dalia Garcia
HomeSmart
List Price
$550,000
Sold Price
$535,000
Premium/Discount to List
-$15,000
-2.73%
Views
6
Current Estimated Value
$545,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,547
Avg. Annual Appreciation
0.70%
Original Mortgage
$374,500
Outstanding Balance
$368,090
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$174,151

Purchase Details

Closed on
Sep 28, 2021
Sold by
Pronto Mortgage Llc
Bought by
Carter Lawrence and Carter Leasa

Purchase Details

Closed on
May 29, 2018
Sold by
Zizzo Holdings Llc
Bought by
Pronto Mortgage Llc
Source: Public Records

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
Rosario Jose $535,000 Pioneer Title Services
Carter Lawrence $425,000 Stewart Ttl Guaranty Co Com
Pronto Mortgage Llc $266,500 Stewart Title & Trust Of Pho
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosario Jose $374,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $535,000 0.0% $490 / Sq Ft
08/10/2023 08/10/23 Pending -- -- --
08/04/2023 08/04/23 Price Changed $535,000 -2.7% $490 / Sq Ft
07/21/2023 07/21/23 For Sale $550,000 +1158.3% $504 / Sq Ft
02/20/2015 02/20/15 Sold $43,710 -7.0% $40 / Sq Ft
01/25/2015 01/25/15 Pending -- -- --
01/17/2015 01/17/15 For Sale $47,000 -- $43 / 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 $3,066 $22,229 -- --
2024 $3,128 $21,832 -- --
2023 $3,128 $34,085 $15,742 $18,343
2022 $3,105 $28,770 $11,900 $16,870
2021 $389 $9,470 $1,890 $7,580
2020 $394 $7,520 $1,500 $6,020
2019 $393 $6,470 $1,290 $5,180
2018 $386 $5,320 $1,060 $4,260
2017 $377 $4,510 $900 $3,610
2016 $367 $3,500 $700 $2,800
2015 $339 $3,510 $700 $2,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6583099

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-17-085