NOT LISTED FOR SALE
-- Bed
-- Bath
5,917 Sq Ft
6,240 Sq Ft Lot

Last Sold April 03, 2023

Last sale price $700,000 $118 Per Sq Ft

155 Days on Market

About This Home

As of April 2023

This auto repair property is positioned well for a value add investor or owner-user looking for interim income in place. The current layout offers service spaces and significant indoor retail/office space. There are two large service bays, excess storage space with a rollup door, and canopy space. The auto repair space is centrally located in the Sunnyslope submarket and has visibility on 7th Street. Additionally, the property is surrounded by various used car lots and other automotive ancillary businesses. Bulk sale with MLS# 6471333

Last Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 09/26/2022

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

  • $4,458

Year Built

  • Built in 1935

Lot Details

  • 6,240 Sq Ft Lot
  • Property is zoned C-2

Parking

  • Paved Parking

Home Design

  • 5,917 Sq Ft Home
  • Tilt Up Walls
  • Built-Up Roof

Community Details

  • Tengen Place Addition Block C Subdivision
  • Operating Expense $4,458

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 159-45-029

Property Details

Property Type

Other

Est. Annual Taxes

$4,458

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Cross Street: 7th St & Vogel Ave
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1935
  • Tax Year: 2021
  • Directions: Heading west on Hatcher road- turn right onto 7th St and the property will be on your left.
  • Lot Size Acres: 0.14
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Subdivision Name: TENGEN PLACE ADDITION BLOCK C
  • Structure Type: Other (See Remarks), Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 5917.0

Exterior Features

  • Fencing: Other, See Remarks, None
  • Disclosures: Other (See Remarks)
  • Construction Type: Tilt-Up
  • Roof: Built-Up
  • Construction:Tilt-Up: Yes

Garage/Parking

  • Parking Features: Other (See Remarks), Paved Parking
  • Attached Garage: No
  • Parking:Paved Parking: Yes
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Water Source: Other, See Remarks
  • Main Cooling Other: Yes

Lot Info

  • Lot Size Sq Ft: 6240.0
  • Parcel #: 159-45-029
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 4458.0

Tax Info

  • Tax Annual Amount: 4458.0
  • Tax Book Number: 159.00
  • Tax Lot: 11
  • Tax Map Number: 45.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2022
Closed on
Apr 3, 2023
Sold by
2140 Investments Llc
Bought by
Tps7 Llc
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$850,000
Sold Price
$700,000
Premium/Discount to List
-$150,000
-17.65%
Total Days on Market
155

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
Outstanding Balance
$512,462
Interest Rate
6.32%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 25, 2003
Sold by
Shintaku B Michael
Bought by
Martin Melvin R and Martin Marian R
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
Tps7 Llc $700,000 Grand Canyon Title
Martin Melvin R $400,000 Westland Title Agency Of Az
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tps7 Llc $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2023 04/03/23 Sold $700,000 +16.7% $118 / Sq Ft
02/28/2023 02/28/23 Pending -- -- --
01/12/2023 01/12/23 Price Changed $600,000 -13.0% $101 / Sq Ft
12/07/2022 12/07/22 Price Changed $690,000 -12.7% $117 / Sq Ft
10/20/2022 10/20/22 Price Changed $790,000 -7.1% $134 / Sq Ft
09/26/2022 09/26/22 For Sale $850,000 -- $144 / 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 $286 $2,268 $2,268 --
2024 $289 $2,227 $2,227 --
2023 $289 $2,652 $2,652 $0
2022 $288 $2,345 $2,345 $0
2021 $300 $2,412 $2,412 $0
2020 $293 $2,628 $2,628 $0
2019 $287 $2,484 $2,484 $0
2018 $280 $2,196 $2,196 $0
2017 $278 $2,124 $2,124 $0
2016 $273 $2,106 $2,106 $0
2015 $260 $1,610 $1,610 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6469175

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-45-029